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's activity report 2022

Osaühing Dinmark LV, a private limited company, was officially registered in the business registry on the 2nd of March, 2011, with a share capital of 2500 euros. The company began its operations in April 2011, marking a significant milestone in its journey. Over the years, Dinmark LV has been involved in various business activities, contributing to the economy and providing employment opportunities.

In the year 2022, several factors significantly influenced the economic activities and results of OÜ Dinmark LV. One of the key activities that the company was involved in was the finishing and completion of other buildings. This activity played a crucial role in shaping the company's financial performance during the year.

However, the year 2022 proved to be financially challenging for the company. Despite the hurdles, OÜ Dinmark LV managed to generate a sales revenue of 74,799 euros. This figure, while substantial, reflects the financial difficulties the company faced during the year.

The main financial ratios for the year 2022 were as follows: The sales revenue stood at 74,799 euros, while the net profit or loss was -42,707 euros. These figures provide a snapshot of the company's financial health during the year, highlighting the challenges and opportunities it encountered.

In terms of investments, the company did not invest in tangible fixed assets during the reporting period. However, for the year 2023, the company plans to invest approximately 2,000 euros in fixed assets. This planned investment indicates the company's commitment to growth and development, despite the financial challenges it faced in the previous year.

On the personnel front, the average number of employees at Dinmark LV OÜ during the financial year was four. In 2022, the company's labor costs amounted to 55,566 euros. This figure reflects the company's investment in its workforce, which is a critical component of its operations.

The company's board consists of one member. Interestingly, there were no payouts to the board members, indicating a possible strategy of reinvesting profits back into the company for its growth and development.

In conclusion, while 2022 was a challenging year for Osaühing Dinmark LV, the company demonstrated resilience and a commitment to growth. With planned investments for the coming year and a dedicated workforce, the company is poised to navigate the challenges and seize the opportunities that 2023 may bring.