KUMA AS

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This company's branding has already reached 14,674 peopleand his is followed by 68 Storybook users.On average, the company has been rated 4.1 points.and comment

KUMA AS current status

This company's branding has already reached 14,674 peopleand his is followed by 68 Storybook users.On average, the company has been rated 4.1 points.and commented 14 times.

's activity report 2022

Kuma AS, a renowned publishing and printing company, was established in 1988. Initially, it started as a cooperative named Kuma, and its primary operations were in the publishing sector. However, the company expanded its horizons and ventured into offset printing in 2001. Over the years, Kuma AS has carved a niche for itself in the publishing and printing of crossword publications. Some of the company's most popular products include crossword magazines such as Super Kuma, Kumake, Kooli Ruudud, and Rebase Ruudud. The company's influence is not just limited to its home country, but it has also made its mark in Latvia. In Latvia, Kuma AS is known for its popular products like Kuminš, Super Kuma, Pratnieks, Lielas Rutis, and Vieglas. Besides its own products, Kuma AS also offers a wide range of services to its clients. These services include designing, layout, and printing of various items such as books, advertising prints, catalogs, calendars, and product packaging. The company's product range is quite extensive, thanks to its ability to offer a variety of customer-specific advertising products in addition to its own products. Kuma AS primarily targets the markets in Estonia and Latvia. The company boasts a strong workforce of 40 employees who are dedicated to ensuring the company's success. In 2022, Kuma AS reported a sales revenue of 2.66 million euros, marking a growth of 13.1% from the previous year. Of this, 11.3% of the sales were made to the Republic of Latvia and 88.4% to Estonia. The company also reported a net profit of 179.3 thousand euros. The company's performance ratios for the year 2022 are as follows: Sales revenue: 2,658,231 Net profit: 179,297 Revenue growth: 13.10% Net profitability: 6.74% Profit growth: -10.0% Short-term obligation coverage ratio: 3.72 Asset profitability: 10.12% Equity profitability: 12.62% During the reporting period, the company invested 121.6 thousand euros from its own funds into fixed assets. The results for 2022 can be considered good as all areas of the company's operations developed at a steady pace, funded by its own resources without the need for borrowed money. Although the company managed to increase its sales revenue, it was not able to increase its profit. However, the company maintained its strong market position and financial stability. Looking ahead to 2023, Kuma AS plans to continue investing in various post-processing equipment to meet the diverse needs of its corporate and retail clients. The company also plans to continue developing its e-stores, which were launched at the end of 2020.

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