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In the third quarter of 2022, SAARE K√úTUS AS team consisted of 30 employees, who were paid an estimated average gross salary of 1 240 EUR / month.

SAARE K√úTUS AS: Wage rally

In the third quarter of 2022, SAARE K√úTUS AS team consisted of 30 employees, who were paid an estimated average gross salary of 1 240 EUR / month.

Comparsion with the previous quarter

Compared to the second quarter the team increased by 3 members in the last quarter (10%) and the salary was reduced by an average of -1 095 EUR per employee (-88%).

Summary of the year

Each year, an employee receives an average salary of 1 588 EUR per month and a turnover of an average of 30 706 EUR for the company. Labor costs are an average of 5% of turnover.

Wage rally

The company would probably have enough funds to increase the payroll, because in the last declared financial year (2021) the company ended with a profit, which could increase the salary of each employee by a maximum of 354 EUR / month (total salary fund) and in that case the company would close its financial year with a similar profit of 4 255 EUR.

Comparsion with the sectoral average

SAARE K√úTUS AS operates in the sector WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES, where the average monthly salary is 1 272 EUR. In Saare, where the company operates, the average monthly salary is 1 035 EUR. *

* The average wage is calculated according to the data of the Tax and Customs Board according to the calculation of labor taxes paid in the last 4 quarters (companies that pay wages below the minimum wage or do not pay labor taxes at all are excluded).

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SAARE K√úTUS AS: Public Procurement

SAARE KÜTUS AS has over the course of time secured various public contracts, on average 1,4 times a year, with the first one won 12 years ago in 2009. The compa
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SAARE KÜTUS AS has over the course of time secured various public contracts, on average 1,4 times a year, with the first one won 12 years ago in 2009. The company has received 17 slices of the state pie, in return having completed works or provided services for the common good to the value of 462 321 euros. This sort of money is enough to kick-start a nice little company.

The year 2019 was record-breaking for this company, winning the largest procurement - "Diislik√ľtuse ostmine raamlepingu alusel" - to date with the total value at 100 000 euros. But the company did not rest on its laurels, they kept putting in the effort and the turnover for¬†2019 eclipsed all earlier years.

On average, one public contract supplies approximately 1/156 of SAARE KÜTUS AS's turnover. The loss of income from public contracts would not affect turnover much but no doubt it would keep the company on its toes.

SAARE K√úTUS AS has bid in public procurements 19 times to secure winning contracts.

The company is a solid business partner to the state that pays more taxes to the State Treasury than has received in sales turnover from its public contracts. Like a top-of-the-class student, this company has never in its history failed on its tax and reporting obligations. Neither has it swindled its business partners.

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