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's activity report 2022

An initial entry for Proapteek OÜ was made in the Commercial Register on 14.02.2020.

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

As of the end of the reporting year, the company has 4 pharmacies in Tallinn, 1 pharmacy in Harju County, and 1 pharmacy

in Rapla.

In 2022, the company had sales revenue of 9,528,159 (2021: 8,975,024) euros and a profit of 151,380 (2021: 298,416) euros.

Financial indicators (in euros) 2022 2021

Sales revenue 9,528,159 8,975,024

Net profit(-loss) 151,380 298,416

Net profit margin 1.6% 3.3%

Assets 1,628,758 1,442,872

Return on assets 9.3% 20.7%

Equity ratio 29.7% 23.0%

Used formulas:

Net profit margin : net profit/sales revenue*100

Return on assets : net profit/total assets*100

Equity ratio : equity/total assets*100 In 2023, according to the management's estimate, Proapteek OÜ will continue to operate, maintaining its market share.