JUNGENT ESTONIA OÜ
Activity history
Company management, team and contacts
JUNGENT ESTONIA OÜ current status
This company's branding has already reached 8,701 peopleand his is followed by 122 Storybook users.On average, the company has been rated 5.0 points.but there is no comment.
's activity report 2022
The main activity of Jungent Estonia OÜ in the past financial year was the wholesale of food and consumer goods and lubricants. The company also provides other additional services to suppliers and customers: various marketing and advertising services, sales and merchandising services, organization of product presentations, proper labeling of products, various consulting services, etc. If necessary, suppliers and manufacturers are advised in the field of handling, selling and marketing their products, market research is organized. It is planned to continue operations in these areas in the future.
The branded products marketed by Jungent Estonia OÜ are predominantly market leaders in their product groups both in Estonia and in other European countries. The most famous brands marketed by the company are, for example, Shell Lubricants, Colgate, elmex, Meridol, Palmolive,
Ajax, Vileda, Nivea, Avent, Zewa, Libresse, Tena, JDE Professional, Dilmah, Bonduelle,
Chupa Chups, Mentos, Katjes, Dr. Oetker, Lambweston, etc.
No significant investments or development projects were made during the reporting year, and no significant investments are planned for the near future.
The business activities of Jungent Estonia OÜ are not affected by seasonality or cyclical economic activity, and there are no significant environmental and social impacts associated with economic activity.
No significant risks associated with changes in exchange rates, interest rates and stock prices were realized during the reporting year, and the probability of their occurrence in the next financial year is low, mainly the payment for purchased goods is made in euros.
The sales revenue of Jungent Estonia OÜ in the last financial year was 48.4 million euros. We expect a 7% increase in sales revenue in the next financial year. To achieve the expected growth in sales revenue, it is necessary to find opportunities to expand the product portfolio and for growth in alternative channels in the next financial year.
Main financial ratios of Jungent Estonia OÜ:
Calculation methodology 30.06.2023 30.06.2022
Gross profit margin % (1 - (goods / sales revenue)) *100 12.89% 11.89%
Net profitability % Net profit / Sales revenue *100 4.06% 4.03%
Short-term obligations
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