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Hada Kft. (Hungary)

Main Activities: Real Estate
Full name: HADA Ipari es Kereskedelmi Kft. Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Hungarian Download a sample report

HADA Ipari es Kereskedelmi Kft. is a successful second-hand clothing trading company in Hungary. It has over 80 stores, 900 workshops, and a turnover exceeding ten billion Hungarian Forints. The company was founded by Háda György, a technically educated individual, in Tiszakanyár. Initially, he never imagined that he would be dressing "half of Hungary." However, HADA now offers a wide range of unique clothing options that are popular among both the poorer and wealthier segments of society. In England, end-of-season sales offer discounts of 70-80%, which people take advantage of. As a result, the old clothes are donated to charitable organizations, who then sell them to companies like HADA. The proceeds from these sales are used for various charitable purposes. The incoming clothes are of high quality, providing comfortable wear for years and offering an environmentally friendly alternative. This is particularly important for the growing number of conscious consumers who support environmental protection and sustainable fashion through the purchase of used clothing. HADA Kft. currently imports used clothing from England, Scotland, and Switzerland, which are categorized into three categories: premium, priced individually; middle, priced by weight; and discount, with prices decreasing as the week progresses. While the premium and middle stores have completely renewed stock at the beginning of each month, the discount stores change their stock on a weekly basis. Despite its rapid growth and nationwide coverage, the company, which is 100% Hungarian-owned, has managed to maintain a family-like atmosphere that it had when it started as a small family business in 1995. The company's business philosophy revolves around loyal employees and customers who seek uniqueness while being conscious shoppers.

Headquarters
Iskola u. 6.
Tiszakanyar; Szabolcs-Szatmar-Bereg; Postal Code: 4493

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Website: http://www.hadakft.hu

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:
June 24, 1996
Key Executives
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Managing Director
Ownership Details
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Subsidiaries
Hada-1 Kft.
VARDA MARKET Ingatlanhasznosito Kft.
VARDA MARKET Kft.
Company Performance
Financial values in the chart are available after Hada Kft. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency HUF. Absolute financial data is included in the purchased report.
Net sales revenue
-3.39%
Total operating revenue
-2.96%
Operating profit (EBIT)
-3.17%
EBITDA
-4.87%
Net Profit (Loss) for the Period
-14.87%
Total assets
11.49%
Total equity
11.71%
Operating Profit Margin (ROS)
0.11%
Net Profit Margin
-12%
Return on Equity (ROE)
-1.53%
Debt to Equity Ratio
-0.84%
Quick Ratio
-3.11%
Cash Ratio
-0%

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