KARUL OÜ hetkeolukord
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's activity report 2022
KARUL OÜ engages in the global sale of goods via the internet. The company also invests in assets such as cryptocurrency, stocks, and real estate. No significant investments were made during the reporting year, but they are planned for the next year if possible.
The development direction for 2023 is certainly to make work more efficient and to better understand the clientele and their needs in order to sell them both existing and new products through online channels.
A significant part of the company's operations is in USD, therefore they are exposed to currency exchange risk. No hedging of currency risks has been done.
Both in the current and the previous fiscal year, the average number of employees was 1. KARUL OÜ ended the 2022 fiscal year with a profit of 656,249 EUR (2021: 124,585 EUR).
The main financial ratios are as follows: 2021 2022
Return on Equity (ROE) % net profit / equity 98.03 82.61
Return on Assets (ROA) % net profit / balance sheet total 86.38 71.46
Return on Sales % operating profit / sales 16.96 15.05
The following ratios are presented to characterize solvency: 2021 2022
Short-term debt coverage ratio (Current
Working capital / Short-term liabilities 7.83 7.10
Ratio)
Cash ratio (Cash + Liquid securities) / short-term liabilities 6.89 6.74
The following indicators and ratios are also presented to evaluate the company's operations: 2021 2022 4 001
Sales revenue, EUR 687 302 539
Operating profit/loss, EUR Operating profit = profit before financial and tax expenses 116 594 602 251
Net profit/loss, EUR Net profit = reporting year net profit 124 585 630 316
Operating profitability % Operating profitability = Operating profit / Sales revenue 16.96 15.05
Net profitability % Net profitability = Profit / Sales revenue 18.13 15.75
Equity ratio % Equity ratio = Equity / Total assets 88.12 86.50
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