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HANDYMANN OÜ

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Business media page visits - 9427; followers - 21. Reviews - 4; Articles 1+ "Write an opinion on HANDYMANN OÜ!"

HANDYMANN OÜ current status

This company's branding has already reached 9,427 peopleand his is followed by 21 Storybook users.On average, the company has been rated 4.4 points.and commented 189 times.

's activity report 2022

In 2022, Handymann OÜ focused on developing retail to stand out with both a rich assortment and a good price. Today, there are six stores in Estonia - in Tallinn (Laagri), Tartu, Pärnu, Võru, Jõhvi, and Viljandi. The product range includes car and garden goods, home appliances, electrical and hand tools, and seasonal products.

Revenues, expenses, and profit in 2022, Handymann's sales revenue was 9.7 million euros (2021: 8.8 million euros), or 10.2% more compared to the previous year.

Handymann's profit for 2022 was 838 thousand euros (2021: profit 932 thousand euros).

Risk of changes in exchange rates and interest rates

Supplier transactions are in euros and Danish kroner, so the exchange rate risk is low.

Staff

The average number of employees of Handymann during the financial year was 44 employees (2021: 36 employees) and in 2022, the company's labor costs amounted to 697 thousand euros (2021: 661 thousand). No remuneration has been calculated for the members of the board in 2022 and 2021.

Goals for the next financial year

The main goal of Handymann for the 2023 financial year is to increase sales revenue compared to 2022, improve market position and assortment, and strictly control its cost level.

Key financial indicators 2022 2021

Net working capital in euros (current assets - short-term liabilities): 2 049 178 1 257 769

Liquidity ratio (current assets/short-term liabilities): 2.05 1.54

Inventory turnover (cost of goods sold / average cost of inventory) 3.25 3.15

ROE (Annual profit/equity): 0.23 0.33

Net sales profitability (Annual profit/sales revenue): 0.09 0.11

HANDYMANN OÜ contacts

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