This company's branding has already reached 52,722 peopleand his is followed by 19 Storybook users.On average, the company has been rated 4.7 points.and commented 593 times.

's activity report 2022

Introduction

The main activity of OÜ Hanzadent OÜ is dentistry and prosthetic work in Estonia.

In 2022, HanzaDent OÜ continued the stable growth of traditional business volumes and securing the market share achieved in previous years.

The past year brought stable growth to the manufacturing industry as a whole, which was due to the growth of domestic investments in manufacturing.

Revenues, expenses and profit In 2022, HanzaDent OÜ's sales revenue amounted to 4936 thousand euros.

100% of HanzaDent OÜ's sales revenue was sales to Estonia.

Main financial ratios 2022 2021 2020

Sales revenue (thousand euros) 4936 3557 2762

Revenue growth 39% 29% 73%

Operating profit margin 19% 19% 19%

Net profit (thousand euros) 962 576 525

Profit growth 67% 9% 1755%

Net profitability 19% 16% 19%

Short-term obligations coverage ratio 3.58 2.95 7.61

ROA (%) 33% 29% 34%

ROE (%) 41% 38% 31%

Formulas used in calculating ratios: a. Sales growth (%) = (sales revenue 2022 - sales revenue 2021)/ sales revenue 2021 * 100 b. Operating profit margin (%) = operating profit/sales revenue * 100 c. Profit growth (%) = (net profit 2022 - net profit 2021)/ net profit 2021 * 100 d. Net profitability (%) = net profit/ sales revenue * 100 e. Short-term obligations coverage ratio (times) = current assets/short-term obligations f. ROA (%) = net profit/ total assets * 100 g. ROE (%) = net profit/ total equity * 100

Staff

The average number of employees at HanzaDent OÜ during the financial year was 50 employees. In 2022, the company's labor costs amounted to 2356.04 thousand euros, increasing by 39% over the year.

The company's board did not receive a salary.

Goals for the next financial year

The main goal of HanzaDent OÜ for the next financial year is to maintain and secure the company's market position in a cooling economic environment.

One of the management's priorities is to continue to increase production efficiency through optimizing the production process and training employees.