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's activity report 2022

CLJ Services OÜ has been operating since 2004.

The main activity of the company is labor rent. The rent is mainly aimed at shipbuilding specialists. There is a shortage of specialists in this field in Estonia, and we are forced to recruit workers from Lithuania, Latvia, Ukraine, Romania, and other countries. In 2022, an average of 138 workers from various Lithuanian and Estonian companies worked in Finland through us. The net turnover for 2022 was 6,689,559€

The activity of the reporting year was aimed at growing and expanding the company's economic activity. It is increasingly difficult to find local workers, so we hired temporary labor from various countries. Transactions with suppliers and customers are in euros, so the exchange rate risk is low.

In connection with the outbreak of war in Ukraine, we have tried to help entire families adapt. We have offered them both housing and income opportunities.

The average number of employees during the reporting year was 88. Since 2008, the tax obligations of workers working in Finland are paid to the Republic of Finland. The company's labor costs amounted to 3,979,118 €

The key financial ratios of CLJ Services OÜ were: 2022 2021

Business profitability (business profit / sales revenue) % 6.1 -2.8

Coverage ratio of short-term liabilities 3.4 3.3 (current assets / short-term liabilities)

Net profitability (net profit / sales revenue)% 5.4 -3.2

Return on equity ROE (net profit / equity)% 20.4 -10.5 In 2023, CLJ Services OÜ plans to find new partners and maintain existing ones. The goal is to make operations and production more efficient; improving profitability through service quality improvement.