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's activity report 2022

Reliisa Mööbel OÜ, also referred to as 'the company' in this context, is a well-established entity that was founded on the 4th of August, 2014. The company's primary area of operation is the sale of furniture through the internet, a business model that is increasingly becoming popular in the modern digital age. This is reflected in its EMTAK code 47911, which is specifically designated for online retail sale of furniture.

Reliisa Mööbel OÜ operates as an online furniture store, a business model that has been gaining traction in recent years due to the convenience it offers to customers. The ability to browse through a wide range of furniture options from the comfort of one's home and have them delivered right to the doorstep is a convenience that many customers appreciate.

The company's financial data for the period from January 1, 2022, to December 31, 2022, reveals some interesting insights. The company's sales turnover for this period was 9,640 euros, while the profit stood at 1,766 euros. It's worth noting that the company operates without any employees, a testament to the efficiency of its business model.

Interestingly, the company has not paid out any board member fees. This could be a strategic decision to reinvest the profits back into the business to fuel its growth and expansion.

However, the journey of Reliisa Mööbel OÜ has not been without its challenges. The company started its operations in 2014 on a significantly large area of 800 square meters. Coupled with some disagreements with the landlord in Ülemiste City, the company found itself in a substantial financial deficit.

By 2022, the company had taken significant steps to restore its statutory equity. This involved reducing its expenses to near-zero levels, a move that saw the company end the financial year with a profit. Despite the sales turnover being significantly smaller for an online store, the company has no plans to change its business model. It intends to continue operating as an online store.

The profit generated from the sales is used to cover the company's debts, a strategic move that ensures the company's financial stability. Reliisa Mööbel OÜ is a functioning company and plans to continue its operations into 2023. Despite the challenges it has faced, the company's resilience and strategic decisions have ensured its survival and profitability in a competitive market.