This company's branding has already reached 4,730 peopleand his is followed by 23 Storybook users.On average, the company has been rated 4.6 points.and commented 7 times.

's activity report 2022

Fennobed OÜ is a manufacturing company based in Pärnumaa, established in 2007. The export-oriented company produces high-quality beds, mattresses and bed textiles, which are mainly marketed in European countries.

In 2022, the company's net profit amounted to 719 thousand euros. The total turnover was 4,456 thousand euros, which is 17.70% more compared to the previous financial year (in 2021, the total turnover was 3,786 thousand euros).

Fennobed OÜ's vision is to be a globally recognized quality bed manufacturer. The company is a reliable partner for collaborators and resellers.

Our product creation is preceded by thorough analysis and product development. We collaborate with partner designers to achieve the best solutions.

Fennobed OÜ invested 235 thousand euros in fixed assets during the reporting period.

The average number of employees at Fennobed OÜ in 2022 was 31 (in 2021 it was 31). The company's board is composed of one member.

The company is sustainable and can cope in today's economic situation.

Main financial ratios for the financial year and the previous financial year: 2022 2021

Net sales profitability 16.1% 19.0%

Business profitability 16.6% 21.6%

Equity profitability 18.2% 21.6%

ROE

Solvency ratio 3.8 2.5

Equity amount 83.2% 78.0%

The calculation formulas for the ratios are as follows:

Net sales profitability = (net profit / sales revenue) x 100 (percent)

Business profitability = (business profit / sales revenue) x 100 (percent)

Equity profitability ROE = (net profit / equity) x 100 (percent)

Solvency ratio = (current assets / short-term liabilities) (times)

Equity amount = (equity / total assets) x 100 (percent)