In the third quarter of 2022, TRUCK TRADING ESTONIA OÜ team consisted of 51 employees, who were paid an estimated average gross salary of 1 995 EUR / month.
Comparsion with the previous quarter
Compared to the second quarter the team increased by 2 members in the last quarter (4%) and the salary was reduced by an average of - 210 EUR per employee (-11%).
Summary of the year
Each year, an employee receives an average salary of 1 972 EUR per month and a turnover of an average of 43 595 EUR for the company. Labor costs are an average of 6% of turnover.
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 1 016 EUR / month (total salary fund) and in that case the company would close its financial year with a similar profit of 12 197 EUR.
Comparsion with the sectoral average
TRUCK TRADING ESTONIA OÜ operates in the sector WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES, where the average monthly salary is 1 272 EUR. In Tartu, where the company operates, the average monthly salary is 1 169 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).
TRUCK TRADING ESTONIA OÜ has over the course of time secured various public contracts, on average 0,4 times a year, with the first one won 12 years ago in 2009. The company has received 5 slices of the state pie, in return having completed works or provided services for the common good to the value of 2 936 518 euros. This sum is in the region of the annual budget of smaller communities.
The year 2011 was record-breaking for this company, winning the largest procurement - "DAF veoautode varuosade hankimine" - to date with the total value at 1 300 000 euros. But the company did not rest on its laurels, they kept putting in the effort and the turnover for 2011 eclipsed all earlier years.
Typically, one public contract makes up a staggering 1/8 of TRUCK TRADING ESTONIA OÜ's turnover! That is quite a lot and the loss of income from public procurements would make itself felt in the turnover.
This makes it plain to see why the company is so active in tendering. – in all TRUCK TRADING ESTONIA OÜ has bid in public procurements 7 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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