This company's branding has already reached 6,233 peopleand his is followed by 17 Storybook users.On average, the company has been rated 3.6 points.and commented 29 times.

's activity report 2022

The company is engaged in the wholesale of food and beverages.

The brand "French Gourmand" is well known in Estonia. The company's goal is to become the number 1 supplier in the HORECA (hotels, restaurants, cafes) sector, but growth will also continue in the retail sector.

We are one of the main distributors in our field in Estonia. The goal for 2021 was to achieve a turnover of 9-10 million, which was achieved.

In 2021, we had to write off hopeless debtors and many changes were made to the employee list, which continued in 2022 with the replacement and hiring of different people. The company had a hard time during the first two months of the year but has been profitable for the whole year since March. The year has continued vigorously and turnovers are in strong growth, including the price increase, which helps to move along with the market situation.

Despite the profitable end of 2021, we are only making real progress in 2022, by the end of which we hope to clear all old troubles and move forward with new expansions. In 2022, construction of a new office also began, which will be completed during the operating year. The warehouse space was also expanded and negotiations are underway for new investments and expansions.

2022 was profitable and the company's turnover almost doubled. The company has found investors, and some sales activities will be confirmed within the 2023 financial year.

Ratios 2022 2021

Debt ratio liabilities / total assets 0.75 0.62

Net profit margin % net profit / sales revenue * 100 0.58 0.91

Return on total assets (ROA)% net profit / total assets * 100 1.99 3.19

Return on equity (ROE) % net profit / equity * 100 7.99 8.46