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Parallel EAD (Bulgaria)

Main Activities: Upholstered Household Furniture Manufacturing
Full name: Paralel EAD Profile Updated: September 08, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English Download a sample report

Paralel EAD is a leading company with over 20 years of experience in the production and distribution of mattresses, furniture, and materials for furniture manufacturing. The company expands and updates its portfolio of models every year to meet the requirements of customers and the market. Paralel EAD has accumulated significant experience using world-class know-how and best management practices, establishing itself as a reliable partner with proven expertise in the field. The products we produce are distinguished by guaranteed high quality - modern, ergonomic, with stylish design and attention to detail. This allows us to work successfully and be competitive both in the Bulgarian and international markets. Our own production lines for the production of raw materials - polyurethane foam and thermowood - allow for a high degree of flexibility and speed in producing products with the necessary quality, shape, density, elasticity, durability, and comfort. This enables us to meet the requirements of customers and offer them furniture with different characteristics, functionality, and style. Paralel EAD strives to be the preferred partner for any company seeking a professionally built system for the production, distribution, marketing, and logistics of mattresses and furniture in the country and abroad. In 2015, Paralel EAD opened a new production, warehouse, and administrative base in Sevlievo. Significant funds were invested in expanding the business. Paralel EAD has the most modern equipment for the production of furniture, mattresses, garden products, and materials for furniture manufacturing from leading manufacturers. This allows for the closure of the production process and ensures the quality and variety of the products produced, in accordance with the highest requirements of customers and consumers.

Headquarters
157 Stara Planina Str.
Sevlievo; Gabrovo; Postal Code: 5400

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Website: http://www.parallel.bg/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 21, 2015
Key Executives
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Executive Director and Member of the Board of Directors
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Executive Director and Member of the Board of Directors
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Executive Director and Member of the Board of Directors
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Executive Director and Member of the Board of Directors
Ownership Details
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100%
Subsidiaries
Kova Style EOOD
100%
Nani Mattresses EOOD
100%
Narmag EOOD
100%
Company Performance
Financial values in the chart are available after Parallel EAD report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BGN. Absolute financial data is included in the purchased report.
Net sales revenue
29.94%
Total operating revenue
30%
Operating profit (EBIT)
0.41%
EBITDA
3.82%
Net Profit (Loss) for the Period
0.61%
Total assets
6.82%
Total equity
11.62%
Operating Profit Margin (ROS)
-3.49%
Net Profit Margin
-3.05%
Return on Equity (ROE)
-1.16%
Debt to Equity Ratio
-9.82%
Quick Ratio
-0.21%
Cash Ratio
-0.23%

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