AROSTOCK IMAGES OÜ
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AROSTOCK IMAGES OÜ hetkeolukord
Already 6,085 people have seen this company's branding and they are being followed by 1 Storybook users.The company has not been given any ratings and comments are missing as well.
Strategic decision: We do not want to increase the customer baseBoard member Urmas Ääro (18.09.2024): "We focus only on high-quality service and maintaining relationships with existing customers. There are no plans to increase the customer base."
's activity report 2022
Arostock Images OÜ, a renowned name in the field of photography, has been providing a wide array of photography-related services and works for years. The company's primary operations revolve around offering commissioned works and selling ready-made photographs across various online portals. Arostock Images OÜ has a rich history of conducting diverse training sessions for both novice and professional photographers, thereby contributing to the growth and development of the photography community.
In the fiscal year 2022, the company experienced a slight dip in its turnover, which amounted to 32.3 thousand euros. This was a minor setback compared to the previous year's turnover of 36.8 thousand euros. The decrease in turnover also had a direct impact on the net profit of the company. The net profit for the year 2022 was recorded at 1.1 thousand euros, a significant drop from the 4.8 thousand euros net profit of 2021.
Photography, as an industry, demands constant upgrading and modernization of equipment to provide high-quality services. Keeping up with this requirement, Arostock Images OÜ made a substantial investment in capital assets in 2022. The company invested over 8 thousand euros for the acquisition of new assets, demonstrating its commitment to staying at the forefront of the industry.
The company operates with a lean team structure, with one salaried employee on its payroll. The labor costs for the year 2022 were 7.9 thousand euros, which was a considerable increase from the 4.3 thousand euros labor costs of 2021. This increase in labor costs can be attributed to the company's efforts to retain talent and ensure the delivery of top-notch services.
In a noteworthy move, Arostock Images OÜ did not distribute dividends in the year 2022. This decision could be part of the company's strategic plan to reinvest profits back into the business to fuel future growth and expansion.
In conclusion, despite the challenges faced in 2022, Arostock Images OÜ continues to strive for excellence in the field of photography. The company's investment in new assets and its commitment to providing quality services are clear indicators of its dedication to its craft and its customers.
AROSTOCK IMAGES OÜ contacts
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