PINERED EHITUS OÜ

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Already 780 people have seen this company's branding but they do not have any followers.In average the company has been rated 5.0 points but has not been commen

PINERED EHITUS OÜ hetkeolukord

Already 780 people have seen this company's branding but they do not have any followers.In average the company has been rated 5.0 points but has not been commented.

Strategic decision: We do not want to increase the customer base
Board member Sandor Simson (03.04.2024): "We focus only on high-quality service and maintaining relationships with existing customers. There are no plans to increase the customer base."

's activity report 2022

Pinered Construction LLC was established in 2020 as a construction main contractor, whose main clients are related real estate developers. Since 2022, Pinered Construction LLC has been a subsidiary of Pinered LLC.

The company's sales revenue in 2022 was 4,311,125 euros (in 2021 it was 1,380,213 euros) and the net profit amounted to 528,711 euros (in 2021 it was 19,300 euros).

The key ratios for 2021 and 2022 are as follows:

Ratio / Year 2022 2021

Short-term debt coverage ratio 2.64 2.03 current assets / short-term liabilities

Debt-to-Equity ratio 0.63 0.97 liabilities / equity

Debt-to-Assets ratio 0.39 0.49 liabilities / assets

Return-on-Assets 0.54 0.13 net profit / assets

Return-on-Equity 0.88 0.27 net profit / equity

Asset-turnover 4.40 9.65 sales revenue / assets

The company's management considers 2022 to be a successful year. Operations will continue in the same field in 2023.

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