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ARUTECH PARIMAD AKNAD OÜ

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Already 8,015 people have seen this company's branding and they are being followed by 18 Storybook user.In average the company has been rated 4.6 points ja kommenteeritud 28 korda.

's activity report 2022

Introduction

The company Arutech Best Windows Ltd was established on 15.09.1999. Business activities started from the year 2000. The main activity of Arutech Best

Windows Ltd is the production of plastic doors, windows, partitions, etc. (EMTAK 22232).

Arutech Best Windows is a subsidiary of Aru Technology Group Ltd.

The main activity of Aru Technology Group Ltd is the rental and leasing of other machinery, equipment and tangible assets not classified elsewhere (EMTAK 77399)

Today, Arutech Best Windows Ltd has the largest network of branches in Estonia. At present, we have 16 branches and 12 logistics centers.

Arutech Best Windows is certified with the international quality management certificate ISO9001:2015 and the environmental certificate ISO 14001:2015 and has a CE marking. The CE marking confirms that our windows made from Gealan profile have successfully passed all tests and fully comply with the European window production standard EVS-EN 14351-1:2006+ A1:2010. We have a high credit rating (AA+), which ensures the trust of partners in export projects.

In addition, Arutech is one of the few companies that produces practically all types of windows. From European ones to Scandinavian variants plus all kinds of sliding doors. Another great feature of Arutech is that our customers can order everything they need from one place.

In 2022, the sales revenue of Arutech Best Windows Ltd was 6993.6 thousand euros, an increase of 10.3% compared to the previous year. 78.9% of sales revenue came from sales in Estonia, 12.2% from sales to EU countries, and 8.9% from exports. Our main markets are Estonia, Finland, Canada.

The financial year 2022 of Arutech Best Windows Ltd ended with a profit of 700.3 thousand euros.

During the reporting year, 18.0 thousand euros were invested in tangible fixed assets.

No expenditures were made for development and research during the reporting year.

Staff

The average number of employees during the reporting period was 66 employees. In 2022, labor costs amounted to 1,462.0 thousand euros. Board members were paid a salary of 25.8 thousand euros.

Main financial indicators: in thousands of euros 2022 2021

Sales revenue 6993.6 6342.8

Sales revenue growth (%) 10.3 37.1

Net profit 700.4 476.0

Net profitability (%) 10.0 7.5

Return on equity (ROE) (%) 31.1 30.7

Short-term liabilities coverage ratio (times) 3.6 2.7

ROA (%) 25.1 18.1

Operating profit 722.2 499.5

EBITDA 794.7 573.4

EBITDA profitability (%) 11.4 9.0

Methodology for calculating ratios:

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