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's activity report 2022

Metsaveis OÜ, a company based in Estonia, primarily engages in two main sectors - cattle breeding and building construction. This dual focus allows the company to diversify its operations and mitigate risks associated with relying on a single industry. In the financial year, Metsaveis OÜ reported a total sales revenue of 40,102 euros. Interestingly, a significant portion of this revenue, precisely 42.67%, was derived from its agricultural activities. This indicates that despite the company's involvement in the construction sector, its agricultural operations, particularly cattle breeding, play a crucial role in its overall financial performance.

In terms of agricultural subsidies, Metsaveis OÜ received a total of 3,866 euros from the Agricultural Registers and Information Board (PRIA). PRIA is an Estonian government agency responsible for the implementation of the European Union's Common Agricultural Policy, and these subsidies are intended to support and stabilize the agricultural sector in the country. This financial aid underscores the importance of Metsaveis OÜ's agricultural operations, not only to the company itself but also to the broader agricultural industry in Estonia.

However, it's worth noting that the company ended the financial year with a loss of 927 euros. While this might raise concerns, it's not uncommon for businesses, especially those in volatile sectors like agriculture and construction, to experience fluctuations in their financial performance. It's also possible that this loss could be attributed to various factors such as increased operational costs, market volatility, or strategic investments aimed at long-term growth.

On the staffing front, the company operates with a board member who is also an employee, working under a contract of employment. This individual received a gross salary of 7,002 euros for the year. This arrangement can be beneficial as it ensures that the board member is directly involved in the day-to-day operations of the company, thereby aligning the company's strategic direction with its operational realities.

In conclusion, Metsaveis OÜ's financial performance reflects its dual focus on cattle breeding and building construction. Despite ending the year with a loss, the company's significant revenue from its agricultural operations and the subsidies it receives from PRIA highlight the importance of its agricultural activities. Moving forward, it will be interesting to see how the company navigates the challenges and opportunities in both the agricultural and construction sectors.