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's activity report 2022

In this blog post, we will be providing an in-depth review of the business operations of Savecar OÜ, a company that has been in operation since February 2011. This year's annual report marks the twelfth year of the company's operations. Savecar OÜ is primarily engaged in the repair and painting of cars and other motor vehicles. Over the years, the company has established a strong customer base consisting of local businesses and individuals.

In 2022, Savecar OÜ made a significant move by relocating to new production facilities that are more suited to the company's needs. This move was a strategic decision aimed at enhancing the company's operational efficiency and capacity to serve its growing customer base.

Now, let's delve into the financial performance of Savecar OÜ in 2022. The company's sales revenue for the year amounted to 216 thousand euros, representing an impressive increase of over 40% compared to the previous year. This substantial growth in revenue is a testament to the company's robust business model and its ability to adapt to market dynamics.

The company's profit for its twelfth year of operation stood at 35 thousand euros. This positive financial result is a reflection of the company's prudent management of its resources and its commitment to delivering high-quality services to its customers.

In terms of staffing, Savecar OÜ had a total of 6 employees at the end of 2022. It's worth noting that the company did not pay any remuneration to its board member. This is an indication of the company's focus on reinvesting its profits back into the business to fuel its growth and expansion.

In conclusion, Savecar OÜ has demonstrated strong performance in its twelfth year of operation, as evidenced by its impressive revenue growth and positive profit margin. The company's strategic relocation to new production facilities is expected to further enhance its operational efficiency and capacity to serve its customers. With its dedicated team of employees and its commitment to delivering high-quality services, Savecar OÜ is well-positioned for continued success in the years to come.