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's activity report 2022

The main activity of MEB Production OÜ is the production of flat and 3D building elements.

In 2023, the plan is to continue with the design and production of buildings, including the continued development of the company's quality system. The focus in 2023 is to expand in foreign markets in Central Europe.

The board consists of 1 member as of the preparation of the annual report.

The 2022 sales revenue of MEB Production was 2.4 million euros and the result of the financial year was a profit of 22 thousand euros.

The total labor costs for the reporting year were 117 thousand euros. In 2022, there were on average 3 employees at work. As of the balance sheet date, an employment contract has been concluded with 7 employees.

2022

Net profit margin: 0.9%

Return on equity per year: 100.0%

Equity ratio: 5.4%

Short-term obligations coverage ratio: 1.03

Turnover per employee: 792tht

Net profit margin - net profit / sales revenue

Return on equity per year - net profit / equity at the beginning of the year

Equity ratio - equity / total assets

Short-term obligations coverage ratio - current assets / short-term obligations

Turnover per employee - sales revenue / average number of employees