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Tegevusaruanne 2023

2023 Annual Management Report

Company Name: Librairie Navis Orientalis OÜ

Turnover: €3,325

Business Types: Antiquarian Book Trading, Art Guidance 1. Company Overview

Librairie Navis Orientalis OÜ is a specialized company dedicated to antiquarian book trading and art guidance. Since its establishment, the company has focused on providing high-quality rare books and art consultancy services. In 2023, we maintained steady growth while upholding our professional standards in both areas of business.

2. Review of Annual Objectives

The primary objectives for 2023 were to maintain business stability, expand our existing customer base, and increase brand recognition in the antiquarian book and art guidance sectors. Overall, the company achieved these goals modestly, with a total turnover of €3,325, reflecting steady growth.

However, the rate of client expansion was slower than expected due to limited market size and strong competition. Moving forward, we plan to enhance our marketing efforts to boost brand visibility and attract new clients.

3. Financial Overview

The company's total turnover for 2023 was €3,325.

(cid:127) Antiquarian Book Trading: This remains the company's main source of revenue, contributing a substantial portion of the total turnover. Demand for rare and valuable books continues to be stable, positioning the company as a trusted player in this niche market.

(cid:127) Art Guidance: Though this business segment generated a smaller share of income, it is steadily growing. With more resources and clients in the art field, this area has the potential to increase its revenue contribution in the coming years.

4. Business Performance

The antiquarian book trading segment performed well in 2023, with a loyal customer base composed mainly of collectors and scholars. The art guidance segment also made gradual progress, offering clients specialized services in art appreciation and cultural insights. Although the customer base in this field remains small, it provides a strong foundation for future growth.

5. Market Analysis

The antiquarian book market is relatively stable, with demand primarily driven by collectors and academics. As more buyers turn to online platforms, Librairie Navis

Orientalis OÜ plans to enhance its digital presence to reach a broader global audience.

In the art guidance segment, demand is gradually rising, particularly among high-net-worth individuals interested in art investment and collection. We will continue to focus on providing high-quality art consultancy services, leveraging this growing interest.

6. Risk Management

The primary risks facing the company include: (cid:127) Limited market size and a niche clientele, which makes client acquisition more challenging.