Already 18,969 people have seen this company's branding and they are being followed by 41 Storybook user.In average the company has been rated 4.5 points ja kommenteeritud 42 korda.

's activity report 2022

OÜ Pagarini was established in 2010. Until June 2016, the company was known as Astri Tootmine

OÜ. The main activity of the company is the production of confectionery products and the products are marketed in the Republic of Estonia and also outside Estonia.

OÜ Pagarini's sales revenue in 2022 was 4.71 million euros (in 2021, 3.14 million euros).

Other business income accounted for 4.93% of total income in 2022, or 232,231 euros (in 2021, respectively 0.43% or 13,612 euros). The company ended the financial year with a profit of 201,393 euros (in 2021, a profit of 26,412 euros).

During the reporting period, 567,856 euros were invested in fixed assets, of which 470,745 euros were invested in a new production building. (In 2021, 526,600 euros).

In 2022, the average number of employees at Pagarini was 78 (in 2021, 69 employees) and the total labor cost was 1,200,613 euros (in 2021, 863,857 euros).

The goal for the 2023 financial year is to continue to maintain the stable quality of products, expand the product range to meet customer expectations, and increase product sales in the Estonian market and export volumes to neighboring countries.

OÜ Pagarini's main activity is the production of confectionery products, their sale. The major investments for the next financial year are still equipment for the production of confectionery products as production volumes increase.

The most important research and development projects and related expenditures for the reporting year and the following years are considered to be product development, label and various cake box development work.

The company does not have significant seasonality. We produce and market steadily throughout the year, but sales are higher on different holidays than on a daily basis.

No risks associated with changes in exchange rates, interest rates, and stock prices were identified during the reporting period.

Key ratios characterizing the main activity 2022 2021

Net profit margin 4.27 0.84 (net profit/sales revenue)

Operating profit margin 5.72 2.78 (operating profit/sales revenue)

Equity ratio 29.77 (equity/total assets) 30.02

Short-term obligation coverage ratio 0.43 0.53 (current assets/short-term obligations)

Labor costs from sales revenue 25.47 27.539 (labor costs/sales revenue)