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INDOOR GROUP AS

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INDOOR GROUP AS hetkeolukord

Already 3,926 people have seen this company's branding and they are being followed by 69 Storybook user.In average the company has been rated 4.2 points ja kommenteeritud 189 korda.

's activity report 2022

INDOOR GROUP AS was established in 1996 and its parent company is Indoor Group OY, which is registered in Finland and has been part of the Sievi Capital Group since 30.06.2017. Originally, the company was named Asko Mööbli AS. In 2000, the company acquired the entire business of Sotka Eesti OÜ and the new name of the company became INDOOR GROUP AS. Both trademarks "Asko" and "Sotka" were retained for customers.

The aim of INDOOR GROUP AS is to offer its customers a wide range of products, thereby providing the customer with the opportunity to furnish an entire apartment or house, offering both classic and modern home and garden furniture. Other interior elements are also available in the stores, aiming to provide customers with a complete solution. All Asko and Sotka store displays, interior design and activities are based on the concept developed by the Finnish parent company and are used in both Finland and Estonia.

At present, the main competitors of INDOOR GROUP AS in the Tallinn furniture market are Aatrium furniture store, Home4You,

Diivaniparadiis, ON24 and Masku. The main activity of the company's Asko furniture store and Sotka furniture store has given a certain competitive advantage, allowing to offer customers a more diverse selection when furnishing their home. Products for both more demanding and less demanding customers can be found from the same location.

In addition to Tallinn, INDOOR GROUP AS also has stores in Tartu, Pärnu. Asko and Sotka e-stores have been open since 2010.

The sales revenue of INDOOR GROUP AS in 2022 amounted to 7,230 thousand euros (2021: 8,369 thousand euros!). The company's retail sales decreased by -13.6% in 2022 compared to 2021.

The year 2022 has brought about a rise in raw material prices, which can mainly be attributed to the war that has started in Ukraine. This also affects our customers' purchasing behavior, there is a noticeable preference for cheaper goods. According to the company's management, it is not yet possible to give a reliable assessment of the impact of the war on the company.

The loss before taxation in 2022 amounted to -912 thousand euros! (2021: 134 thousand euros!). In order to reduce the loss, the store on Kadaka tee in Tallinn will be closed in 2023.

and the staff will be reduced.

The company's board was two-membered during the financial year, in 2022 there was a change of one board member. Board members were paid fees totaling 119 thousand euros in 2022! (2021: 106 thousand euros). There are no potential obligations arising from the termination of board contracts. INDOOR

GROUP AS had an average of 45 employees in 2022 (2021: 45 employees) and they were paid salaries together with social taxes totaling 1,130 thousand euros! (2021: 1,065 thousand euros!). The number of employees at the end of the year was 44. zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

Ratio Calculation methodology zyxwvutsrq20p2o2n.am. lkjihgfe20d2c1b.aa. ZYXWVUTSRQPONMLKJIHGFEDCBA

Short-term obligation coverage ratio Current assets / Short-term obligations 1.58 2.01

Debt ratio Total debt / Total assets 0.51 0.42

Operating profit ratio Pre-tax profit / Sales revenue -12.6% 1.6%

Return on equity Pre-tax profit lz Oyxmwakvauptistarl qponmlk-j9i5h,g7%fe dcbaZYX7W,2%V UTSRQPONMLKJIHGFEDCBA

Return on total assets Pre-tax profit / Total assets -46.5% 4.2%

Sales revenue profitability Operating profit / Sales revenue -12.5% 1.7%

INDOOR GROUP AS contacts

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