Already 12,347 people have seen this company's branding and they are being followed by 44 Storybook user.In average the company has been rated 5.0 points but has not been commented.

's activity report 2022

Heathmont OÜ started operations in 2004. Initially, the company's main activities were primarily related to programming and web development. For example, creating websites, product catalogs, offering content management. Subsequently, back-end structure and work programs were developed internally in the company, which were primarily aimed at online poker service providers to enable convenient management of the customer database and marketing and advertising of services.

Over the years, the activities of OÜ Heathmont have expanded even further. The company's main activity is the provision of marketing services and web-based solutions. In addition, several tools and models have been developed for search engine optimization and social media marketing. We understand that market needs have become much more specific.

Our clients need services that cover the entire marketing process. As part of the marketing service, we offer our business clients professional customer support, financial and business analysis and its tools. Service packages are developed according to each client's personal needs. These may include, in addition to the necessary platform and models, both technical and analytical support as well as support for end users. In 2022, the company's business activity grew even more. Sales revenue was 26.8 million euros, which increased by more than 120% compared to 2021.

In the reporting year, the company earned a net profit of 1.4 million euros.

The average number of employees in the company during the reporting year was 299 employees. Labor costs amounted to 18.7 million euros.

At the beginning of 2023, a merger took place. Heathmont OÜ merged with companies in the same group, JS Labs OÜ and MT Services OÜ. The balance sheet date of the merger is considered to be 01.01.2023.

2022 2021 2020

Liquidity ratios

Coverage ratio of short-term liabilities (current ratio) current assets/ short-term liabilities 2.00 1.96 2.30 (current assets -inventory -

Payment ratio (quick ratio) prepayments)/ short-term liabilities 1.99 1.95 2.29

Liquidity ratio (cash ratio) cash/ short-term liabilities 0.26 0.42 0.54

Profitability ratios

Net return on total assets (ROA) net profit/ average total assets 15% 24% 29%

Return on equity (ROE) net profit/ average equity 26% 42% 51%

Leverage ratios

Debt ratio total liabilities/ total liabilities 42% 42% 41%

Equity debt ratio (debt-to-equity ratio) total liabilities/