HUPPA OÜ

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This company's branding has already reached 59,827 peopleand his is followed by 17 Storybook users.On average, the company has been rated 4.8 points.and comment

HUPPA OÜ current status

This company's branding has already reached 59,827 peopleand his is followed by 17 Storybook users.On average, the company has been rated 4.8 points.and commented 1 time.

's activity report 2022

Huppa Grupp is a rapidly growing fashion enterprise that has been making waves in the industry. The company's business model is comprehensive, encompassing the creation, development, production, and marketing of collections worldwide. This growth is not achieved single-handedly but is a result of the collaborative efforts with their partners and resellers, as well as the company's own sales network. The mission of HUPPA is to produce clothing and accessories for women, men, and children. The company's long-standing experience and deep understanding of the industry enable them to create products that are not only of high quality but also have a unique and modern appearance. This combination makes being outdoors enjoyable in any weather condition. The leadership of the company has been associated with the fashion and clothing industry for over two decades. Their expertise and dedication have contributed significantly to the company's success. In 2022, the company reported a sales revenue of 9.1 million euros, a testament to its growing influence in the market. The company's key financial ratios for the years 2021 and 2022 are as follows: - Operating profit margin (%): 9.2 in 2021 and 17.0 in 2022 - Net profitability (%): 11.5 in 2021 and 17.4 in 2022 - Short-term obligations coverage: 37.4 in 2021 and 17.5 in 2022 - Liquidity ratio: 31.0 in 2021 and 12.7 in 2022 - Return on Assets (ROA %): 6.0 in 2021 and 11.6 in 2022 - Return on Equity (ROE %): 6.2 in 2021 and 12.2 in 2022 These ratios were calculated using the following formulas: - Operating profit margin: operating profit / sales revenue * 100 - Net profitability: profit / sales revenue * 100 - Short-term obligations coverage: current assets / short-term liabilities - Liquidity ratio: (current assets - inventory) / short-term liabilities - ROA: profit / assets * 100 - ROE: profit / equity * 100 Looking ahead, Huppa Grupp has plans to develop and implement an e-commerce model in 2023. This strategic move is aimed at penetrating new target markets and expanding their global reach. In 2022, the company had an average of 28 employees. The labor cost for the reporting year was 902,295 euros. The management board is composed of a single member, whose salary was 33,975 euros. Huppa Grupp's journey is a testament to the power of innovation, collaboration, and strategic planning in the fashion industry. Their growth trajectory and financial performance are indicative of their commitment to delivering quality and value to their customers.

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