Already 5,612 people have seen this company's branding and they are being followed by 11 Storybook user.In average the company has been rated 4.5 points but has not been commented.

's activity report 2022

2022 was the eighteenth year of operation for Live Nation Estonia OÜ. Live Nation

The main activity of Estonia OÜ is organizing concerts and performances, selling production services to other concert and performance organizers, and mediating artists to clients

in the Baltics.

The economic results of 2022 were weak for the company. The company's operations were affected by the outbreak of the Covid-19 pandemic, where events piled up and their production costs increased in an inflationary environment, it was more difficult to carry out postponed events.

The forecasts for 2023 are significantly better, the market has stabilized and it has been possible to adjust ticket prices based on increased inflation costs.

Main financial ratios 2022 2021

Sales revenue 7 597 934 158 629

Revenue growth (decline) (%) 4690% (74)%

Profit (loss) from operations (329 691) (25 071)

Profit growth (decline) (%) (1215)% 93%

Short-term liabilities coverage ratio (times) 1.07 1.21

ROA (%) (4)% (0)%

ROE (%) (56)% (3)%

Revenue growth (decline) %= (Sales revenue of 2022 - Sales revenue of 2021)/Sales revenue of 2021 * 100

Profit growth (decline) %=(Profit of 2022 - Profit of 2021)/Profit of 2021 * 100

Short-term liabilities coverage ratio (times) = current assets/ short-term liabilities

ROA (%) = net profit/ total assets * 100

ROE (%) = net profit/ total equity * 100

No expenses were made for development and research activities during the reporting year, nor are they forecasted