HINKUS AS
Activity history
Company management, team and contacts
HINKUS AS current status
This company's branding has already reached 2,346 peopleand his is followed by 43 Storybook users.On average, the company has been rated 4.8 points.and commented 140 times.
's activity report 2022
AS Hinkus was established in 1991. The company's main activity is retail and wholesale of tires, installation, repair and restoration.
The company has workshops in Tartu and Põlva and a representative office in Tallinn.
AS Hinkus has been a shareholder of OÜ Sepa Rehv since 2000, which restores truck tires under a Michelin license agreement. The brands produced by OÜ Sepa Rehv are Recamic and Newlife. AS Hinkus owns 75% of the shares of OÜ Sepa Rehv.
AS Hinkus has been a shareholder of OÜ Eesti Rehv since 2003, whose aim is to engage in wholesale of tires and provision of transport services.
AS Hinkus has been the 100% owner of OÜ Hinkus Rehv since February 2015, formerly known as OÜ Eesti Rehv.
The company's operating environment was affected by the war in Ukraine. There were supply difficulties and a significant price increase for purchased goods.
The business activity of the group companies is seasonal, i.e. depends on the tire changing season. In spring March-April and autumn October-November.
In the reporting year, extraordinary income was received from exports, which affected the usual sales trend.
The AS Hinkus group did not carry out research and development projects during the reporting year.
There were no significant research and development projects and related expenditures in the company during the reporting year, and none are planned for the coming years.
The companies of the AS Hinkus group are in contractual relations with MTÜ Rehviringlus, which deals with the collection and recycling of old tires. For every ton of imported tires, the companies of the AS Hinkus group pay a recycling fee. Tire recycling is carried out through OÜ Sepa Rehv by retreading.
The board of AS Hinkus consists of one member and the council of three members. The average number of employees in the 2022 consolidated report was 31 employees and their total salary was 682 404 € including social taxes.
AS Hinkus unconsolidated parent company 2022a. 2021a.
ratios turnover growth (%) 131.89 24.45 gross profit margin (%) 10.64 13.94 profit growth (%) 65.25 29.83 net profitability (%) 9.42 13.22 short-term obligations coverage ratio 1.32 3.36 (times)
ROA (%) 6.34 9.10
ROE (%) 17.82 11.14
AS Hinkus consolidated ratios 2022a. 2021a.
turnover growth (%) 47.80 13.89 gross profit margin (%) 8.43 7.96 profit growth (%) 49.32 100.24
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