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's activity report 2022

The first entry for Pärnu Pharmacies OÜ was made in the Business Register on 26.02.2020. The company's main activity is the operation of pharmacies (code 47731 of the Estonian economic activity classifier). As of the end of the reporting year, the company has 3 pharmacies in Pärnu. In 2022, Pärnu Pharmacies OÜ had sales revenue of 5,271,724 and a profit of 300,407 euros.

Financial indicators (in euros) 2022 2021

Sales revenue 5,271,724 4,654,681

Net profit 300,407 209,285

Net loss margin 6% 4.5%

Assets 1,173,680 834,933

Asset productivity 26% 25%

Equity 658,037 357,630

Equity ratio 56% 43%

Turnover growth 13%

Asset productivity: net profit/total assets*100%

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

Short-term obligation coverage ratio: current assets/short-term obligations In 2023, according to the management's estimate, Pärnu Pharmacies OÜ will continue to operate, maintaining its market share.