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's activity report 2022

Introduction

MP Advertising Print OÜ is a company that provides advertising printing services.

(cid:127) In 2022, MP-Advertising Print OÜ continued with traditional business activities.

Revenues, expenses and profit in 2021 amounted to OÜ MP-Advertising Print sales revenue of 314309 euros (in 2021, 227250 euros).

OÜ MP-Advertising Print production was mainly realized in Estonia.

OÜ MP-Advertising Print profit amounted to 6735 euros (in 2021, profit 122 euros).

The large turnover decline and the resulting loss in 2020 were largely related to the Covid 19 outbreak. In 2021-2022, these effects were smaller, which allowed for an increase in turnover and improvement in results.

Risk of changes in exchange rates and interest rates

Transactions with suppliers are in euros, so the exchange rate risk is low.

Staff

The average number of employees of OÜ MP-Advertising Print in the financial year was 4 employees. In 2021, the company's labor costs amounted to 50722 euros (in 2021, 44198 euros).

No remuneration was paid to the company's board in 2022.

Goals for the next financial year

The main goal of OÜ MP-Advertising Print for the next financial year is to maintain and secure the company's market position through product improvement, sales channel development and range expansion. The goal is to increase turnover and profit.