Juba 14,106 inimeseni on jõudnud selle ettevõtte bränding ja tema tegevusi jälgib 14 Storybooki kasutajat. Keskmiselt on ettevõtet hinnatud 4.4 punktiga ja kommenteeritud 600 korda.

's activity report 2022

Lidl Eesti OÜ was registered in the Commercial Register in October 2016 and immediately started real economic activity in Estonia.

In the 2022 financial year, Lidl Eesti started its main activity in Estonia, opening a retail chain with 8 stores in March 2022, continuing with the construction of retail stores, having opened a total of 11 stores by the end of the 2022 financial year. Since the start of economic activity (since 2016), the company has made investments in long-term assets amounting to 111,060,878 euros (as of 2021: 85,971,798 euros), making a total of 25,089,080 euros in investments during the 2022 financial year. The average number of employees increased to 740 by the end of the 2022 financial year (as of the 2021 financial year: 281 average number of employees).

The company started its main activity at the beginning of the financial year, but due to ongoing investments and related processes, the loss for the 2022 financial year was 28,403,264 euros and the company intends to cover the loss from the profits of the following years. The company's turnover for the reporting period amounted to 136,561,233 euros. In the reporting year 2023, the company plans to focus on its main activity, i.e. retail trade, and continue with expansion activities.

To finance the investments in 2022, the company's shareholder CE-Beteiligungs-GmbH increased the company's share capital by 40,000,000 euros.

Company's social responsibility and other activities

The company continued on a sustainable course and implemented several projects during the financial year. Cooperation was started with SOS Children's Village and with the support of Lidl, new scholarships were established for the organization's students to continue their education.

To raise awareness of climate change and to encourage customers to make more environmentally friendly choices, the company participated in the global initiative - Earth Hour and developed in-store design elements that inform customers about energy-saving activities. The company's stores use 100% green energy from renewable resources. All Lidl stores in Estonia meet the requirements of the international EDGE certificate and the company continues to work in this direction. As the first retail company in Estonia, Lidl stores received the ISO 50001:2018 certificate, which recognizes efficient energy use and continuous energy-saving behavior.

Promoting biodiversity, Lidl Eesti became the godfather of the snow leopard in Tallinn Zoo from July 2022, contributing to the preservation of this species. Several nature education cooperation projects were also started.

The company started donating to the Food Bank and actively participated in food collection campaigns. During Christmas, the company was involved in charity projects of the Estonian Association of Large Families and donated hundreds of packages to families in need.

In recognition of the company's HR work, Lidl Eesti received the prestigious international Top Employer certificate during the financial year. Both the city of Tallinn and the city of Narva recognized the company with the "Job Creator of the Year" award. The company's achievements were supplemented by 2 awards at the outstanding Golden Egg competition - Golden Egg for corporate communication and Silver Egg for opening campaign communication.

Risks / Events after the reporting date

The crisis in Ukraine has far-reaching consequences for the economy, especially considering the rise in energy and raw material prices, which promote inflation and slow down economic growth. The company's price positioning in the discount store sector, along with guaranteed product quality, allows for long-term customers.

Lidl is monitoring the rapidly changing economic situation and its direct effects on the company are regularly analyzed. Lidl Eesti believes that no significant impact has been made on the company's processes. After the reporting date, there have been no significant events that would affect the assessment of the company's financial position as of February 28, 2023.

Main financial ratios: 1. Return on equity - ROE (%) -29.72 (2021: -29.48) 2. Return on assets - ROA (%) -22.56 (2021: -25.77) 3. Short-term liabilities coverage ratio 0.681 (2021: 1.035)

Methodology for calculating financial ratios:

Return on equity - ROE (%) = net profit / equity x 100

Return on assets - ROA (%) = net profit / assets x 100

Short-term liabilities coverage ratio = current assets / short-term liabilities