This company's branding has already reached 4,328 peopleand his is followed by 6 Storybook users.On average, the company has been rated 4.6 points.and commented 1 time.

's activity report 2022

Orien Trade OÜ deals with the import of Asian beauty products and their marketing and distribution in the European Economic Area and Turkey. The company's clients are the largest beauty product retailers in target countries. The offered product portfolio and distribution service have been well received by retailers, and there is also positive feedback from end consumers of the products.

During the reporting year, the customer base was expanded across Europe. The company has subsidiaries in Estonia, Finland, Turkey and the UK, and in 2022, a majority stake was also acquired in a Swedish affiliate. In 2023, plans are to improve cooperation with existing customers and expand sales activities in European countries, as well as to increase procurement, marketing and technological capabilities.

The company's sales revenue for the reporting year was 6423 thousand euros (2021: 4667 thousand euros) and profit 1 072 thousand euros (2021: 540 thousand euros).

158 thousand euros (2021: 138 thousand euros) were invested in tangible fixed assets. On average, 22 people (2021: 17 people) worked in the company in 2022. The company is still operating.

The company is still operating.

Key financial indicators 2022 2021

Net profitability, % 16.69% 11.57%

Net return on assets (ROA),% 22.72% 20.15%

Return on equity (ROE), % 45.70% 42.40%

Short-term debt coverage ratio 1.94 1.86

Liquidity ratio 0.67 0.93

Turnover of fixed assets 10.45 9.35

Equity and debt ratio 1.01 1.10

Formulas used in calculating financial ratios:

Net profitability (%) = (Annual profit/sales revenue) x 100

ROA (%) = (Annual profit/assets) x 100

ROE (%) = (Annual profit/equity) x 100

Short-term obligations coverage ratio (times) = current assets/short-term liabilities

Liquidity ratio: (Current assets-Inventory) / Short-term liabilities

Turnover of fixed assets: Sales revenue / Residual value of tangible fixed assets

Equity and debt ratio: Total liabilities/ total equity