This company's branding has already reached 2,403 peopleand his is followed by 48 Storybook users.On average, the company has been rated 4.2 points.and commented 6 times.

's activity report 2022

The retail turnover of Pärnu Economic Cooperative stores in 2022 was € 8,348,377, an increase of € 456,515 or 5.8% compared to 2021.

The cooperative's sales revenue in 2022 was € 7,021,772, an increase of € 392,744 or 5.9% compared to the previous year.

As of 31.12.2022, Pärnu Economic Cooperative had 11 food and consumer goods stores.

In 2022, the Saulepi store ceased operations.

In 2022, the warehouse at Lao tn 5, Pärnu, was reconstructed. The costs associated with the real estate investment were 2.3 million euros.

The board of Pärnu Economic Cooperative consists of two members and the council consists of three members.

The financial condition of Pärnu Economic Cooperative was satisfactory at the end of the reporting year and is satisfactory at the time of preparing the report.

Main financial ratios 2022 2021

General level of solvency 0.93 1.56

Overall debt ratio 55% 29%

Sales revenue ratio -0.70% - 0.02%

Operating income ratio -1.00% - 0.04%

Return on equity - 4.39% - 0.16%

Methodology for calculating ratios

General level of solvency = current assets / short-term liabilities

Overall debt ratio = liabilities / assets

Sales revenue ratio = operating profit / sales revenue

Operating income ratio = net profit / sales revenue

Return on equity = net profit / equity