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's activity report 2022

Baltanero OÜ, a company with a strong foothold in the door installation industry, was established in the year 2008. Over the years, the company has been steadfast in its commitment to providing top-notch door installation services, which has been its primary business activity since its inception. In the fiscal year of 2022, Baltanero OÜ demonstrated a commendable financial performance. The company reported a turnover of 204,174 euros, reflecting the robust demand for its services. Despite the challenging business environment, the company managed to generate a net profit of 1,681 euros. This profit figure underscores the company's ability to maintain operational efficiency and manage costs effectively.

Interestingly, the company did not pay any remuneration to its board member in the reported year. This decision could be attributed to various factors, including the company's strategy to reinvest profits back into the business or to maintain a lean operational structure. In terms of capital expenditure, the company did not acquire any tangible fixed assets during the financial year. This could be indicative of the company's focus on optimizing its existing resources and infrastructure, rather than expanding or upgrading its physical assets.

Looking ahead to 2023, Baltanero OÜ plans to continue operating in the same business sector. This decision reflects the company's confidence in its core business and its commitment to serving its customers with high-quality door installation services. The company's future plans also suggest that it is well-positioned to navigate the evolving market dynamics and capitalize on potential growth opportunities in the door installation industry.