This company's branding has already reached 6,788 peopleand his is followed by 61 Storybook users.On average, the company has been rated 5.0 points.and commented 2 times.

's activity report 2022

The main activity of AbeStock AS is the wholesale of food, pet, consumer, industrial and electronic goods as the official representative of the brand owners. The most famous brands are Braun, Oral B, Panzani,

Felix, Purina, Maggi, Mondelez, Frosch, Nescafe, Dr. Stern, Loodusvägi, Duracell, Paulig, Santa Maria,

Nestle, Milka, Ariete, Kitkat, Pik-Nik, Dolce Gusto, Nesquik, Finncrisp, Paloma and others.

Financial Results

The sales revenue of Abestock AS in 2022 was 39,212,311 euros (in 2021, 34,690,707 euros), which is 13% higher than in 2021. The increase in sales revenue was mainly based on supplier price increases. Strong growth was also shown by Baltic e-commerce customers.

In the course of the company's expansion and development activities, in 2022, a wholesale business of sweets and confectionery was acquired from Kommivabrik OÜ, along with the Maiasmokk brand. In order to offer business gift solutions as an added value to customers, AbeStock acquired a business gift sales business from Loov Organic OÜ in 2022, along with the Ärikink domain, supplier information and customer base. In addition, the development of the Abestore and

Veinisõber online stores and business software continued. No investments are planned in the 2023 budget.

In 2021, Abestock AS established a subsidiary Veinibutiik OÜ, which opened a new

Wine bar called Chin Chin in Kalaranna in 2022.

The net profit of Abestock AS in 2022 was 1,545,422 euros (in 2021, the net profit was 1,099,374 euros).

The increase in profit was influenced by the increase in sales revenue and the improvement in the margin of electronic products.

The average number of employees of Abestock AS in 2022 was 78 (in 2021, 70). The labor cost (including social tax) was 2,813,158 euros (in 2021, 2,324,972 euros). The board member was paid a salary and the board member's fee was 93,484 euros (in 2021, 78,621 euros), the chairman of the supervisory board was paid a membership fee of 12,000 euros (in 2021, 12,000 euros), no membership fee was paid to the members of the supervisory board.

Seasonality affects AbeStock's business quarterly and does not affect the financial year as a whole, there are some seasonal products in the product portfolio and the sale of home electronics increases significantly during the Christmas season.