ESTO AS

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This company's branding has already reached 35,363 peopleand his is followed by 20 Storybook users.On average, the company has been rated 4.7 points.and comment

ESTO AS current status

This company's branding has already reached 35,363 peopleand his is followed by 20 Storybook users.On average, the company has been rated 4.7 points.and commented 300 times.

's activity report 2022

In this blog post, we will delve into the key financial indicators of a company, expressed in thousands of euros. These indicators provide a snapshot of the company's financial health and performance over the years 2022 and 2021. The total income for the company in 2022 stood at 15,988 thousand euros, a significant increase from 11,878 thousand euros in 2021. This growth in revenue is a positive sign, indicating that the company's operations and business strategies have been effective.

The net profit, another crucial indicator of a company's profitability, also saw an upward trend. In 2022, the company reported a net profit of 3,748 thousand euros, up from 3,299 thousand euros in 2021. This increase in net profit shows that the company has been successful in managing its expenses and enhancing its profitability.

The total assets of the company also increased from 31,553 thousand euros in 2021 to 45,467 thousand euros in 2022. This growth in assets is a positive sign, indicating that the company has been successful in increasing its resources and investments.

The loan portfolio of the company stood at 44,855 thousand euros in 2022, up from 30,109 thousand euros in 2021. This increase in the loan portfolio shows that the company has been successful in expanding its lending operations.

The company's equity, including subordinated loans, increased from 7,307 thousand euros in 2021 to 12,055 thousand euros in 2022. The equity in 2022, excluding subordinated loans, was 8,055 thousand euros, up from 4,307 thousand euros in 2021. This increase in equity indicates that the company has been successful in improving its financial stability and reducing its dependence on borrowed funds.

The company's return on equity was 61%, and the return on assets was 10%. The cost/income ratio was 18%. These ratios indicate that the company has been successful in generating a high return on its investments and managing its costs effectively.

The equity to loan portfolio ratio was 27%, and the loan loss to loan portfolio ratio was 1%. These ratios indicate that the company has a high level of equity relative to its loan portfolio and a low level of loan losses, which are positive signs for the company's financial health.

The formulas used to calculate these ratios are as follows:- Return on Equity: Net Profit / Average Equity- Return on Assets: Net Profit / Average Assets- Cost/Income Ratio: Operating Expenses / Total Income- Equity to Loan Portfolio Ratio: Equity, including subordinated loans / Loan Portfolio- Loan Loss to Loan Portfolio Ratio: Loss due to decrease in credit value / Loan Portfolio

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