WEEKEND EESTI OÜ

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Already 14,188 people have seen this company's branding and they are being followed by 27 Storybook user.In average the company has been rated 4.7 points ja kom

WEEKEND EESTI OÜ hetkeolukord

Already 14,188 people have seen this company's branding and they are being followed by 27 Storybook user.In average the company has been rated 4.7 points ja kommenteeritud 55 korda.

's activity report 2022

Weekend Eesti OÜ is a successful and rapidly growing retail chain dealing with leisure goods. Weekend Eesti OÜ started operations in 2009.

We sell products of well-known and reliable brands such as Nike, Puma, Adidas, Columbia, Tommy Hilfiger, Tom Tailor, Tamaris, Mustang,

New Balance, Reebok, Skechers, etc. Our selection includes shoes, boots, sports and leisure footwear, sandals, and clothing and accessories for women, men, and children.

The Weekend Eesti OÜ consolidation group includes two subsidiaries: Weekend Latvia SIA and Weekend shoes UAB. Weekend Eesti OÜ owns 100% of Weekend Latvia SIA and 95% of Weekend shoes UAB.

Weekend stores operate in many Estonian cities and online stores in Estonia, Latvia, and Lithuania. In 2021, the subsidiary Weekend

Latvia SIA opened its first store in Riga and the subsidiary Weekend shoes UAB opened a pick-up point for the online store in Vilnius.

In 2022, the consolidation group opened three new stores: in Riga, Kuressaare, and Haapsalu.

In 2022, the total sales revenue of the Weekend Eesti OÜ consolidation group was 31,892,065 euros (in 2021, 26,175,089 euros). The company continues to expand the chain of stores and open new stores. The Weekend Eesti OÜ consolidation group employs over 200 experienced and highly motivated employees, all of whom contribute to better customer service and the successful development of the company. The company's management consisted of one person and the council of five people in 2022.

At the end of 2021, Weekend Eesti OÜ became a minority shareholder in the Baltcap Growth Fund, which significantly improved the company's financial capacity and reliability. We plan to continue actively expanding the chain of stores and increase turnover by over 10% in 2023.

During the financial year or the reporting period, no significant risks related to changes in exchange rates, interest rates, and stock prices have emerged. During the reporting period, there were no significant environmental and social impacts on the company's economic activities. The economic development of the consolidation group during the financial year has been affected by rising energy prices, a sharp rise in the consumer price index, and a general decrease in purchasing power. The business activity of the accounting entity is affected by seasonality, which is divided into two seasons throughout the year: autumn-winter season and spring-summer season.

Dividends are distributed in the consolidation group if there is a profit. There is no fixed dividend policy, rather the company's economic situation and planned investments are assessed.

Main financial ratios: 2022 2021

Liquidity ratio (times) = current assets/short-term 1.33 1.67 obligations

ROA % = net profit/assets 4.53% 11.27% total * 100

ROE (%) = net profit/equity total 12.85% 23.06% * 100

Net sales profitability (%) = 2.67% 5.19% net profit/sales * 100

Debt ratio (times) = 0.65 0.51 liabilities/assets

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