PET CITY OÜ current status
This company's branding has already reached 8,475 peopleand his is followed by 28 Storybook users.On average, the company has been rated 4.7 points.and commented 2 times.
's activity report 2022
Pet City OÜ is engaged in the retail of pet goods and services, opening and developing pet centers and stores in Estonia and through its subsidiaries also in Lithuania and Latvia.
Services offered at Pet City centers include grooming for pets, accommodation in a pet hotel, insurance, and the ability to conduct competitions, training, and exercises in the gym for both pets and their owners. Animal clinics located in Pet City centers are operated by other companies in the group.
As of 30.04.2023, Pet City OÜ had 20 pet centers/stores in Estonia and through its subsidiaries Pet City UAB and Pet City SIA respectively, six pet centers/stores
in Lithuania and Latvia together with four animal clinics, a total of 14 locations. The franchise store operated by the Consumer Cooperative and bearing the Pet City name moved the store to Võru city. In all
Baltic countries, there is a Pet City E-store.
In addition to direct business objectives, the company also pays attention to environmental friendliness, innovation, contribution to society, and the development of employees and the principles of equal treatment of the workforce.
The main focus in the next financial year will continue to be on the development and retention of staff through various training and team events.
We are looking for new opportunities to expand the company by opening new stores.
The management has assessed that the risks associated with changes in exchange rates and interest rates during the reporting year are insignificant.
Expenses, revenues, profit
Pet City OÜ's sales revenue for the reporting year was a total of 11,651 thousand euros (2021/2022: 10,696 thousand euros), the loss for the reporting year was -211 thousand euros (2021/2022: -357 thousand euros).
The company's equity is negative as of the reporting date. The company is still an operating business.
Financial indicators (in euros) 01.05.22-30.04.23 01.05.21-30.04.22
Sales revenue 11,650,937 10,696,345
Turnover growth 9% 25%
Net profit (loss) -295,561 -356,617
Sales profitability -2.54% -3.33%
Assets 6,006,022 6,297,720
Return on assets (ROA) -5% -6%
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