This company's branding has already reached 1,132 peoplebut no user is tracking his activities.On average, the company has been rated 4.4 points.and commented 18 times.

's activity report 2022

Veerenni Pharmacy OÜ was registered in the business register on 24.07.2019 and the main activity of the company is the operation of pharmacies (code 47731 of the Estonian economic activity classifier).

As of 31.12.2022, the company has four pharmacies, two of which are located in Tartu, one in Tallinn and one in Võru. In addition, Veerenni Pharmacy OÜ also operates an e-pharmacy (www.sydameapteek.ee). The Heart Pharmacy franchise concept is used in all pharmacies, which Veerenni Pharmacy OÜ uses under a franchise agreement. As of the end of 2022, Veerenni Pharmacy OÜ employed 26 employees.

In 2022, Veerenni Pharmacy OÜ had sales revenue of 8,753 thousand euros and net profit of 159 thousand euros (compared to 6,331 thousand euros and 112 thousand euros in 2021). Sales revenue grew by 37% over the year, and the growth was due to both the increase in drug turnover and the popularity of the e-pharmacy. The invasion of Ukraine by Russia, which began in February, also had an impact on the increase in turnover, where there was a sharp increase in the first aid product group in February and March when active aid began to be sent to the war zones in Ukraine.

In 2023, the company will continue its usual activities in the pharmacy sector.

Financial indicators 2022 2021 Formula

EBITDA (th. EUR) 155.4 108.8 Operating profit before depreciation of fixed assets

EBITDA margin 1.8% 1.7% Operating profit before depreciation of fixed assets / Sales revenue

Net profit 1.8% 1.8% Net profit / Sales revenue margin

Asset productivity 7.1% 8.1% Net profit / Assets

Equity ratio 12.5% 8.5% Equity / Total assets