MAKRO TRADE BALTIC OÜ current status
This company's branding has already reached 9,248 peopleand his is followed by 51 Storybook users.On average, the company has been rated 3.7 points.and commented 9 times.
's activity report 2022
The main activity of OÜ Makro Trade Baltic is the import and wholesale of food and consumer goods. The main suppliers are from the European Union member states Latvia, Poland, Hungary, Lithuania, Germany, Slovakia, Italy, Denmark, Bulgaria, Slovenia and Greece. Outside
the European Union, we have trade relations with Vietnam, Thailand, Indonesia, Ukraine, China and Turkey. We continue to cooperate with Estonian companies, some of them in depth.
Sales revenue has increased by 30.93% compared to the previous year. The importance of public procurement has increased.
The majority of turnover is made up of sales to large retail chains. Sales to catering companies have been added. Price increases have played a part in the increase in turnover.
In the new financial year, more focus will be placed on developing our own brand across all product groups. Goods supplied from abroad will be brought under our own brand names. We are constantly looking for new suppliers from around the world. We are actively marketing our imported goods and increasing the range of goods we import ourselves.
There are plans to expand the market by supplying industries and large kitchens, as well as increasing the range in large retail chains.
Our website and Facebook posts are a great help in our activities, which we plan to make more attractive. There will be more focus on public procurement than before.
Main ratios and financial indicators
Net profitability in 2022 was 9.43%, 2021 4.61% (net profit/sales revenue*100). Therefore, profitability has increased.
Short-term debt coverage ratio 2022 5.38, 2021 4.60 (current assets/short-term liabilities).
Solvency ratio 2022 2.22 2021 2.06 (current assets-inventory)/short-term liabilities).
Inventory turnover ratio 2022 5.2 2021 5.06 (sales revenue/average inventory).
Return on assets ROA% 2022 27.96 2021 12.14 (net profit/average assets*100).
Return on equity ROE% 2022 34.90 2021 15.85 (net profit/average equity * 100)
We confirm that the company is still operating.
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