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RAADIKU ARENDUS OÜ

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RAADIKU ARENDUS OÜ hetkeolukord

Already 2,986 people have seen this company's branding and they are being followed by 104 Storybook user.In average the company has been rated 4.5 points but has not been commented.

's activity report 2022

The main activity of OÜ Raadiku Arendus is the rental and management of 9 apartment buildings and 1 parking building located in Tallinn. The activity continued in 2021 similarly to previous years. All apartment buildings are covered by a long-term lease agreement with the city of Tallinn, which ensures a stable long-term rental return.

The company did not make significant investments deviating from daily economic activity during the reporting period and does not plan to do so this year either. The condition of the buildings and living spaces is ensured through continuous maintenance repairs.

The company does not engage in research or development activities.

During the reporting period, the company increased its long-term bank loan by 14,400,000 euros and repaid the same amount to its parent company SLB Grey

Wolf S.à r.l. loan. The fair value of the real estate investment increased by 5,840,000 euros during the reporting period, or 3.4% to the level of 180,000,000 euros.

Macroeconomic and business cycle changes do not have a significant impact on the company's daily activities. However, it can be said that the general environment is positive for OÜ

Raadiku Arendus - the financial situation of the main client, the city of Tallinn, is still strong and budget receipts are good, although there is some risk from the continuing pressure on wage level increases. This affects OÜ Raadiku Arendus, as most of the services purchased by the company contain a large proportion of labor costs.

In the opinion of the company's management, the activities of OÜ Raadiku Arendus do not have a significant environmental impact. As the company operates in the sector of renting and managing municipal apartments, it has some social impact on society. About 3500 people live in the houses managed by OÜ Raadiku Arendus, so we consider it important to continuously improve their living environment and create as safe a growing environment as possible for children living in the area.

The company uses an interest rate swap agreement to hedge interest rate risk, which is described in more detail in the annexes to the accounting report.

Currency and capital market risks do not significantly affect the company's activities and are not hedged separately.

Main financial ratios: 01.04.2022-31.03.2023 01.04.2021-31.03.2022

Operating profit growth/decline 5.00% 1.23%

ROA 4.85% 4.83%

Formulas for the most important financial indicators: - Operating profit growth/decline = (current period operating profit/loss before revaluation profit - previous period operating profit/loss) before revaluation profit / previous period operating profit/loss before revaluation profit - ROA (%) = period operating profit before revaluation profit / total assets at the end of the period x 100% ____________________ ____________________

Raiko Uri Martin Rekor

Board member Board member

RAADIKU ARENDUS OÜ contacts

Cooperation partners

The company's biggest cooperation partners

EE- Estonia

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