Already 4,674 people have seen this company's branding and they are being followed by 163 Storybook user.In average the company has been rated 3.5 points ja kommenteeritud 53 korda.

's activity report 2022

General operating environment

Instrumentarium Optika operates in the field of "Optical Companies", which includes the following activities (EMTAK2008): (cid:127) 32502 - Production of glasses, lenses and their parts (cid:127) 47781 - Retail sale of glasses and other optical goods in specialized stores

Instrumentarium Optika OÜ

Instrumentarium Optika OÜ is part of the Dutch GrandVision group, which is listed on the Euronext Amsterdam stock exchange. GrandVision Baltics B.V. in the Netherlands owns 100% of the company's shares.

The company's main activity is the retail sale of optical products in Estonia, owning 29 stores in the largest regions of Estonia.

In addition to physical stores, there is also an online store offering contact lenses and sunglasses. During the reporting year, 2 new stores were opened and 1 was closed.

The company is a leading seller of optical products in Estonia, having a significant social impact on society, as the need for glasses is on the rise.

The total sales revenue for the reporting year was 13,780,045 euros (year 2021: 11,707,040 euros). There are seasonal differences in sales revenue according to campaigns, for example "Age is your discount", sunglasses sales in spring-summer and back-to-school campaigns.

The accelerated inflation and changes in tax law also affect the economic activity.

In 2022, the average number of employees in the company was 198 (year 2021: 211). Salaries of 3,782,665 euros were paid to employees during 2022 (year 2021: 3,250,562). No salary or other additional payments were made to the members of the board.

In 2022, no decision was made by the owners to distribute dividends (in 2021, the owners made a decision to distribute dividends in the amount of 1,466,000 euros). Partial preferential taxation was also used in the taxation of dividends.

The company continues to work on efficiency in both store operations and centralized lens grinding.

The grinding workshop operates for both Instrumentarium Optika OÜ in Estonia and Instru Optiikka Oy, which has about 200 stores in Finland.

In 2022, investments of 319,856 euros were made in the company (in 2021: 357,046 euros).

No research and development activities were carried out in 2022 or 2021.

Main financial ratios of Instrumentarium Optika OÜ: 2022 2021

Sales revenue (thousand euros) 13,780 11,707

Sales revenue growth (%) 17.7 13.9

Net profit (thousand euros) 2,036 1,151

Net profitability 14.77 9.83

Short-term obligations multiplier 4.97 2.23 (times)

ROA (%) 22.32 13.21

ROE (%) 26.81 20.71