Already 2,002 people have seen this company's branding and they are being followed by 1 Storybook users.In average the company has been rated 4.5 points but has not been commented.

's activity report 2022

Bimar OÜ was established in 2018, and the company's main activity is the wholesale of food products, both in Estonia and abroad

The main sales markets outside Estonia are Latvia, Lithuania, the Netherlands, America, Slovenia, Poland

In Estonia, the main partners are larger retail chains.

The company ended the activity of 2022 with a profit (158 142 eur). The company was able to maintain competitiveness and the changes introduced already in 2020 in connection with the spread of COVID 19 ensured stability and allowed the company to continue its economic activity. The war has not changed the economic activity and there is no problem with the continuity of the company.

The sales turnover for 2022 amounted to 6 133 627 eur (2021: 4 376 459 eur), of which sales in Estonia accounted for 59%, in Poland 24%, in Latvia 6%, in Lithuania 3% and the remaining 8% was divided among other different countries.

The major cost items were direct and indirect costs related to goods totaling 5 007 441 eur (2021: 3 386 095 eur), which accounted for 84% of all costs. Various operating costs totaled 442 248 eur (2021; 405 444 eur) accounted for 8% and labor costs totaled 451 545 accounted for 8% (2022: 492 130 eur)

The company provided work for thirteen employees in 2022, with whom employment contracts have been concluded.

The company's goals for the future are to maintain stability, strengthen the sales network in existing markets.

The company's management is confident that they can prove themselves and hope to be sustainable for many years.

Main ratios:

Explanations 2022 2021

Sales revenue 6 133 627 4 376 459

Operating profit 175 488 56 706

Operating profit from sales revenue 2.86% 1.30%

Net profit 158 142 42 758

Net profit margin from sales revenue 2.58% 0.98%

Short-term liabilities multiplier 1.31 1.20

Debt ratio 0.74 0.79

Return on equity 44% 16%

ROE

Return on total assets ROA 11.4% 3.44%

Ratio calculation method and methodology:

Operating profit margin from sales revenue = operating profit/sales revenue*100

Net profit margin from sales revenue = net profit/sales revenue*100

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

Debt ratio (times) = liabilities/assets

Return on equity (ROE) = net profit/equity

Return on total assets (ROA) = net profit/total assets