This company's branding has already reached 15,839 peopleand his is followed by 96 Storybook users.On average, the company has been rated 4.6 points.and commented 62 times.

's activity report 2022

This year marks the 30th active year for our grocery chain. The anniversary year is shaping up to be one of the most successful for the company, as new modern stores have been opened in Kose, Pärnu, and Haaslava in recent months. In May 2023, we started building a new store in Jõgeva, which will be completed by autumn at the latest, and we plan to start building new stores in Randvere and

Harkujärve this year.

The company's main area of activity is retail and wholesale of food and consumer goods. The second important area is real estate development and management, and the third important direction is the production of fresh and preservative-free confectionery and culinary products for our retail chain.

As of December 31, 2022, the company had 64 stores and a central warehouse. The stores are located in twelve counties across Estonia and are listed on our website www.ourgroceries.ee.

Unfortunately, 2022 was also the year the war in Ukraine began. The energy shock in Europe directly affected us as well. While the company's EBITDA fell by 605,270 euros compared to the previous period, electricity costs alone increased by 739,721 euros in 2022. It is good that strong steps have been taken in the global energy carrier market towards alternatives and energy prices are already more affordable this year.

In 2022, RRLektus AS's sales revenue was 67,125,503 euros. The growth compared to 2021 was 5,232,987 euros or 8.45%. Despite very tight competition, our favorable sales prices, the quick and convenient store visit typical of a small store, our well-known brand to consumers, and well-targeted marketing activities ensured the growth in turnover. Decades of experience help to be flexible, efficient, and effective in a highly competitive field.

No events have occurred during the preparation of the financial statements that could affect the 2022 financial results. The company has no financial instrument risks and no risks associated with changes in exchange rates and interest rates have emerged during the preparation of the report.

The strategic goal of RRLektus AS's business activity is to continue developing its concept, i.e., the network of small stores in Estonia. We forecast an increase in existing turnover due to favorable offers, quick service, and shopping convenience due to the optimal size of the stores. Our goal is to continue to secure our market position through experience and growth.

2 022 2 021

Sales revenue growth (%) 8.45 4.55

Return on equity (ROE) (%) 13.22 19.19

Net profitability of sales revenue (%) 4.15 5.99