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ESTVALVE OÜ

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Business media page visits - 703; followers - 54. Reviews - 4; Articles 1+ "Write an opinion on ESTVALVE OÜ!"

ESTVALVE OÜ hetkeolukord

Already 703 people have seen this company's branding and they are being followed by 54 Storybook user.In average the company has been rated 4.5 points but has not been commented.

's activity report 2022

OÜ Estvalve was founded on July 6, 2010.

The main activity of the company is mainly the wholesale of equipment and their parts and spare parts used in water supply. A wide range is also represented by high-quality pipeline accessories, starting devices, pumping equipment, steam equipment, electrical equipment for controlling and protecting electric motors. About 90% of the equipment is still purchased from European Union manufacturers (main partners are located in Sweden, Denmark, Finland,

Germany, Spain, Italy, the Netherlands, France, etc.) A smaller part, about 10%, is purchased from third countries (Turkey, South Korea, Switzerland). Sales activities are aimed at exporting to Russia.

The company's competitive advantage is the specificity of this field - the majority of the products offered are high-tech products. Some of them are unique, some are produced within the framework of special projects or on special order.

Some of the products are dual-use products, for the export of which a special permit is applied for. Obtaining the latter is significantly hindered by EU sanctions.

The company's turnover decreased by 56% in 2022.

In February 2022, a military conflict began between Russia and Ukraine. In connection with the military conflict, the European Union has imposed sanctions on Russia, which have affected the transport of goods and financial transfers between Russia and the European Union. These circumstances may raise significant doubts about the company's ability to continue operating, as a result of which the company may not be able to realize its assets and fulfill its obligations in the course of normal business operations. Until the preparation of the report, deliveries and settlements with Russia took place.

In the opinion of the management, the company, despite the presence of significant doubt, continues to operate. Future plans are to enter into contracts with new customers from other countries and to purchase stocks only on the basis of customer prepayment.

Main 2022 2021 financial ratios

Sales revenue (thousand EUR) 4 787 10 888

Operating profit, -loss % 0.15% 0.14%

Net profit / loss (thousand EUR) 5.7 13

Net profitability 0.12% 0.12%

Short-term obligations coverage ratio 1.04 1.02

ROA 1.25% 1.21%

ROE 33% 62.72%

Formulas used in calculating ratios: - Operating profit (%) = operating profit / sales revenue * 100 - Net profitability (%) = net profit / sales revenue * 100

Short-term obligations coverage ratio (times) = current assets / short-term obligations - ROA (%) = net profit / total assets * 100 - ROE (%) = net profit / total equity * 100

ESTVALVE OÜ contacts

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