This company's branding has already reached 16,111 peopleand his is followed by 102 Storybook users.On average, the company has been rated 4.1 points.and commented 33 times.

's activity report 2022

AS Arens started operations in 1992. The main activity is the manufacture and sale of kitchen furniture. The company markets its products in Estonia and abroad.

In 2022, AS Arens' sales revenue amounted to 18,047,372 euros, growing by 27% over the year, the company's sales revenue outside Estonia was 10%.

AS Arens' net profit for 2022 amounted to 660,507 euros.

The main goal of AS Arens for the next financial year is to maintain and secure the company's market position through product improvement. In 2023, the increase in production capacity will continue based on the technological and IT development plan. The company forecasts a 5% increase in production volume for the next year.

The average number of employees at AS Arens was 90. The total wage cost was 2,764,016 euros. The costs of special benefits for employees amounted to 5,414 euros and 8,424 euros were allocated for representation expenses.

The most important financial ratios of AS Arens were: 31.12.2022 31.12.2021

Turnover growth (2022 sales revenue-2021 sales revenue/2022 sales revenue x 27.96 14.48 100) %

Operating profitability (operating profit/sales revenue) % 4.05 1.89

Net profitability (net profit/sales revenue) % 3.66 1.39

Profit growth (net profit 2022-net profit 2021)/ net profit 2022 x 70.16 -46.54 100) %

Return on equity ROE 7.39 2.35 (net profit/ equity) %

Return on total assets ROA 4.43 1.47 (net profit/ total asset value) %