Already 2,003 people have seen this company's branding and they are being followed by 1 Storybook users.In average the company has been rated 4.5 points but has not been commented.

's activity report 2022

In the fiscal year ended 31.12.2022, Kodality OÜ was engaged in the development of software solutions for private and public sector companies in the commercial and healthcare sectors. In 2022, the company's turnover has grown compared to the previous year and the achieved sales revenue is 3.72 million euros, the number of employees has grown to 35 employees. Despite the unstable economic situation in the world, the company was able to develop rapidly. Cooperation with previous partners continued, new contracts were signed, strategic partnership abroad began, including the share of foreign markets exceeded 50%.

The reserve fund collected in 2022 has not changed. The board has decided to pay dividends.

Future plans: In 2023, software production for private and public sector companies in the commercial and healthcare sectors will continue. The company's board expects the company's successful development in 2023, and plans to sign new contracts both domestically and abroad. The company plans to increase turnover and the share of turnover from foreign markets to 60%.

Kodality OÜ continuously invests in information technology education among young people by supporting the company HK Unicorn Squad.

Main financial ratios for the fiscal year and the previous fiscal year and their calculation methodology: 2022.a 2021.a

Net profitability 15.66% 42.86%

Coverage ratio of short-term obligations 2.47 3.72

ROE 51.75% 74.64%

Methodology for calculating the presented financial ratios:

Net profitability = net profit / sales revenue*100%

Coverage ratio of short-term obligations = current assets / short-term liabilities

ROE = net profit / equity*100%