JAZZ PESULAD OÜ
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JAZZ PESULAD OÜ hetkeolukord
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's activity report 2022
CONSOLIDATED GROUP ACTIVITY REPORT
Partnership Jazz Car Washes was established in 2006 and is a 100% Estonian capital-based business entity, whose main activities are car wash services and related services. In 2022, the "Partnership Jazz Car Washes" brand operated in Tallinn at Kadaka tee 60, Pärnu mnt 453E, Punane 43,
Paldiski mnt 60, Paldiski mnt 98a, Mustakivi tee 15, Sõle 25A/1, A.H. Tammsaare tee 64, Paldiski mnt 116C, Peterburi tee 77, in Viimsi at Paadi tee 7, in Tartu at Ringtee 28A, Kalda tee 43a, Ringtee 65, in Paide at Pärnu 116, in Rapla at Tallinn mnt 1, in Kuressaare at Tallinn 63, in Viljandi at Riia mnt 20,
in Narva at 26. juuli tn 1a and in Pärnu at Niidu 9, Riia mnt 177a operating car washes. Express Car Washes Ltd includes in Tallinn at Suur-Sõjamäe 4 and in Keila at Ülejõe tee 2A. Jazz Self Car Washes Ltd includes in Tallinn at Paldiski mnt 98, Läänemere tee 2b and Punane 43, in Viimsi at Paadi tee 7, in Pärnu at Riia mnt 177a, in Tartu at Ringtee 67, in Ida - Virumaa at Ahtme mnt 2, in Sillamäe at Viru pst 35b,
in Kiviõli at Vabaduse pst 17.
During the financial year, 3 self-service car washes were acquired in Ida-Virumaa (Sillamäe, Ahtme and Kiviõli) and one property in Viljandi city (Riia mnt 22).
The owners of Partnership Jazz Car Washes are 55% Anme Consultations Ltd and 45% Rosier Team Ltd. There were no changes among the owners in 2022.
The Partnership Jazz Car Washes group includes the parent company with a branch in Latvia, Express Car Washes Ltd with a 99% stake and Jazz Self Car Washes Ltd,
Jazz CW Ltd and Jazz Real Estate Ltd with a 100% stake.
The board consists of three members: Ando Mellikov, Sander - Mel Mellikov and Ivar Valdmaa. The remuneration paid to the board members in 2022 was 61,450 euros.
The financial year was economically very complicated, the war in Ukraine started, which was followed by an energy crisis and rapid inflation. Many cost items grew faster than product prices could rise.
The consolidated sales revenue for 2022 was 7,085,487 euros.
An average of 126 people worked in the consolidated group's companies in 2022. The labor cost was 2,842,843 euros.
Ratio 2022 2021
Sales profitability 6.3% 11.5%
Return on equity 3.1% 48.8%
Short-term debt coverage ratio 0.11 0.18
Methodology for calculating ratios:
Sales profitability = operating profit / sales revenue
Return on equity (ROE) = net profit / equity
Short-term debt coverage ratio (Current ratio) = current assets / short-term liabilities
Ando Mellikov
Board member
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