This company's branding has already reached 21,904 peopleand his is followed by 10 Storybook users.On average, the company has been rated 4.3 points.and commented 7 times.

's activity report 2022

OÜ Ek Trans, a company that has been making waves in the transportation and real estate sectors, began its economic activities in August 2016. The company's primary focus is on the purchase and sale of used trucks and lifting and moving equipment. This business model has proven to be quite successful, as evidenced by the company's impressive financial performance.

In addition to its core business, OÜ Ek Trans has also ventured into the real estate market. The company has made significant property investments, acquiring numerous properties. These properties are not held for long-term investment purposes. Instead, they are sold after the necessary communications infrastructure has been established, providing an additional revenue stream for the company.

The year 2022 was a particularly successful one for OÜ Ek Trans. The company's sales revenue for the year amounted to a whopping 2,643,330 euros, representing a substantial increase of 220.41% from the previous year. This impressive growth can be attributed to the company's strategic business decisions and its ability to adapt to market conditions.

The company's sales revenue was derived from various sources. A total of 34.41% of the revenue was generated within the Republic of Estonia, while 64.83% came from other European Union countries. The remaining 0.76% was derived from third countries. This diverse revenue base is a testament to the company's international reach and its ability to tap into different markets.

A breakdown of the company's sales revenue reveals that 82.60% was derived from the sale of used trucks and other equipment. Excavation works contributed 14.92% to the revenue, while the sale of construction services accounted for 1.52%. The sale of transportation services and logistics services contributed 0.72% and 0.24% to the revenue, respectively.

Despite the impressive sales revenue, OÜ Ek Trans experienced a slight decrease in its net profit, which amounted to 478,327 euros, representing a decrease of 16.76% from the previous year. The company's gross profit for the year was 653,038 euros, marking an increase of 7.39% from the previous year.

The company's profitability ratios provide further insight into its financial performance. The operating profit margin was 18.1%, while the return on assets was 17.65%. The company's short-term obligations coverage ratio was 1.83.

In 2022, OÜ Ek Trans made significant investments in tangible fixed assets, amounting to 538,523 euros. These assets were acquired both from the company's own funds and through capital lease arrangements.

The company had a total of 3 employees during the reporting year. The total labor costs for the year amounted to 41,039 euros, representing an increase of 37.19% from the previous year. It is worth noting that no remuneration was paid to the members of the board.

Looking ahead, OÜ Ek Trans aims to continue its current activities. In addition, the company plans to reduce or refinance its high-interest obligations, which will further strengthen its financial position.