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Norfos Mazmena UAB (Lithuania)

Main Activities: Food and Beverage Stores | Supermarkets and Other Grocery (except Convenience) Stores
Full name: Norfos Mazmena UAB Profile Updated: July 09, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Russian Download a sample report

Norfos Mažmena UAB is a retail company located in Vilnius, Lithuania. Established in 1997, it is one of the fastest-growing retail companies in the country. In 2022, the company's product and service turnover reached 846,753 million EUR with VAT. Before excluding VAT, turnover increased by 15.44 percent, from 610.379 million to 704.628 million euros. Norfos Mažmena is the third largest retail chain in Lithuania based on sales results. It is part of the Norfa group, along with Rivona, a company involved in logistics, international shipping, real estate rental, and other areas. Norfos Mažmena employs over 3,350 staff and has a flexible salary and employee motivation system. The company's success is attributed to its wide range of Lithuanian products and an effective discount system. The Norfa retail chain focuses on offering products that provide good value for money. The authorized capital of Norfos Mažmena is 3.51 million EUR.

Headquarters
Savanoriu pr. 176B
Vilnius; Vilnius county;

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Website: http://www.norfa.lt

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
June 12, 1997
Key Executives
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Director
Subsidiaries
Rivona UAB
Company Performance
Financial values in the chart are available after Norfos Mazmena UAB report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net sales revenue
15.48%
Total operating revenue
15.48%
Net Profit (Loss) for the Period
27.56%
Total equity
1.5%
Net Profit Margin
0.24%
Return on Equity (ROE)
6.42%

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