HYZERFLIP OÜ

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This company's branding has already reached 98,985 peopleand his is followed by 7 Storybook users.On average, the company has been rated 4.3 points.and commente

HYZERFLIP OÜ current status

This company's branding has already reached 98,985 peopleand his is followed by 7 Storybook users.On average, the company has been rated 4.3 points.and commented 1 time.

's activity report 2022

Hyzerflip OÜ, a company that has been making waves in the advertising industry, was established in the year 2018. The primary focus of this company is to provide advertising services, which includes the execution and installation of advertisements. Over the years, Hyzerflip OÜ has demonstrated a commitment to delivering top-notch advertising solutions that meet the unique needs of its clients.

In terms of financial performance, Hyzerflip OÜ has shown a steady growth pattern. In 2022, the company reported a sales revenue of 87,000 euros, a slight decrease from the 90,000 euros reported in 2021. Despite the slight dip in sales revenue, the company's profit margin showed a significant increase. In 2022, Hyzerflip OÜ recorded a profit of 7,465 euros, a substantial increase from the 1,908 euros profit reported in 2021.

When it comes to key ratios, the company's sales revenue stood at 87,356 in 2022, compared to 90,228 in 2021. The net profit for the same years were 7,465 and 1,908 respectively. The sales revenue growth percentage, calculated as (turnover 2022 - turnover 2021)/ turnover 2021 * 100, was -3% in 2022, a slight decrease from -1% in 2021. The net profitability percentage, calculated as net profit/ sales revenue * 100, increased from 2% in 2021 to 9% in 2022.

The company's short-term obligations coverage ratio, calculated as current assets/ short-term obligations, increased from 2 in 2021 to 4 in 2022. The Return on Assets (ROA) percentage, calculated as net profit/ total assets * 100, increased from 10% in 2021 to 32% in 2022. Similarly, the Return on Equity (ROE) percentage, calculated as net profit/ total equity * 100, increased from 20% in 2021 to 51% in 2022.

In terms of personnel, the company's board consists of two members. Interestingly, no remuneration was paid to the board members. In 2022, the company had two full-time employees, the same number as in 2021. The labor costs, including social security and unemployment insurance, were 36,000 euros in 2022, a decrease from the 46,000 euros reported in 2021.

Looking ahead, Hyzerflip OÜ has set clear goals for the next fiscal year. The company plans to continue its primary activity of providing advertising services. This commitment to its core business is a testament to the company's dedication to delivering high-quality advertising solutions that meet the needs of its clients. With its strong financial performance and dedicated team, Hyzerflip OÜ is well-positioned to continue its growth trajectory in the coming years.

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