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's activity report 2022

The first entry for Farmateek OÜ was made in the Commercial Register on 02.03.2020.

The main activity of the company is the operation of pharmacies (code 47731 of the Estonian economic activity classifier).

As of the end of the reporting year, the company has three pharmacies.

In 2022, Farmateek OÜ had sales revenue of 4,703,027 euros and a profit of 38,798 euros (in 2021, the sales revenue was 4,305,364 euros and a loss of 15,144 euros).

The company's equity is negative as of the reporting date. The company is still an operating business entity.

In the management's opinion, the negative equity can be covered from the profits of future periods.

Financial indicators 2022 2021

Sales revenue 4,703,027 4,305,364

Net profit (loss) 39,798 -15,144

Net profit margin 0.8% -0.4%

Total assets 856,572 712,344

Return on assets 4.6% -2.1%

Equity -80,090 -118,888

Equity ratio: -9% -17%

Net profit margin: net profit/sales revenue*100%

Return on assets: net profit/total assets*100%

Equity ratio: equity/total assets*100%