Already 17,144 people have seen this company's branding and they are being followed by 7 Storybook user.In average the company has been rated 5.0 points ja kommenteeritud 1 kord.

's activity report 2022

NovaElement Limited Liability Company, commonly known as Osaühing NovaElement, is a renowned entity in the metal products manufacturing industry. The company's primary operations revolve around the production and installation of metal products. These products range from stairs, gates, fences, and many more, all crafted with precision and a keen eye for detail. The company's commitment to quality and customer satisfaction has made it a go-to choice for many clients seeking metal products.

In the financial year that just ended, the company's sales revenue stood at 74,172 euros. This figure represents a slight increase from the previous year's revenue, which was 73,026 euros. This increment, albeit small, is a testament to the company's resilience and adaptability in the face of economic fluctuations and market dynamics. It also underscores the company's relentless pursuit of growth and its commitment to delivering value to its customers.

However, despite the increase in sales revenue, the company's financial year ended with a loss of 9,039 euros. This loss can be attributed to various factors, including operational costs, market competition, and other unforeseen expenses. It's worth noting that such financial outcomes are not uncommon in business, especially in industries characterized by high competition and operational costs, such as the metal products manufacturing industry.

Moving forward, Osaühing NovaElement remains optimistic about its financial future. The company is keen on implementing strategic measures to mitigate losses and increase profitability. These measures may include cost-cutting strategies, exploring new markets, and investing in innovative production techniques to enhance efficiency and productivity.

In conclusion, Osaühing NovaElement continues to make strides in the metal products manufacturing industry. Despite the financial loss experienced in the past financial year, the company's slight increase in sales revenue is a positive indicator of its potential for growth and profitability. The company remains committed to its mission of producing high-quality metal products and is optimistic about a brighter financial future.