Already 2,812 people have seen this company's branding and they are being followed by 35 Storybook user.In average the company has been rated 4.9 points ja kommenteeritud 14 korda.

's activity report 2022

Introduction

Combistock OÜ was established in 2016 by the parent company Combiwood OÜ, with the aim of providing customers in Scandinavia with the opportunity to conveniently order various moldings and wood-based products along with a full logistics service. Today, over 80 customers use the services of Combistock OÜ and the ordered goods are delivered weekly to up to 250 different building materials stores in Sweden and

Finland.

The general situation in the field of activity is rather stable, which on the one hand may be weakened by the general cooling of the real estate market but on the other hand is given stability by the growing renovation market and growth is rather supported by the limited availability of raw materials in the timber industry, which is why companies with strong vertical integration are in a privileged position and preferred by customers. It is important for us to be sustainable and considerate of the environment in all our activities, and therefore we use natural resources and energy efficiently, reducing environmental impacts through this. Also, waste is sorted by type and later directed to recycling. At the end of the financial year, the company employed 29 people, who are offered full-time work and in addition to wages, other benefits such as support for sports opportunities, several team events, celebrating birthdays and free lunch.

The financial risk is the volatility of exchange rates, especially against the euro (SEK).

The company's share capital is 2500 euros.

Revenues and profit In 2022, Combistock OÜ's sales revenue amounted to 27.5 million euros (2021: 25.7 million euros). 99.3% of sales revenue was made up of exports outside Estonia (2021: 99.7%).

Main financial ratios Calculation rule 2022 2021

Sales revenue 27 527 209 25 668 957

Gross profit margin (%) gross profit/sales revenue *100 18.52% 20.73%

Net profit 2 356 099 2 979 064

Net profitability (%) net profit/sales revenue*100 8.56% 11.61%

Short-term obligations coverage ratio current assets/short-term obligations 2.13 1.52

ROA net profit/total assets*100 23.05% 24.69%

ROE net profit/total equity*100 43.06% 95.61%

Gross profit=sales revenue-goods, raw materials, and services

Net profit is profit before taxation.

Investments In 2022, 33 799 euros were invested in fixed assets (2021: 40 775 euros). No significant investments in fixed assets are planned for 2023.

Goals for the next financial year In 2023, continued sales volume growth is planned through entry into new markets and expansion of the customer base in existing markets.