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's activity report 2022

OÜ Pöide Tehnika, a promising business entity, was established in the year 2019. The official registration of the company was completed on the 24th of October, 2019, marking its formal entry into the business world. The company had a clear vision from the outset, which included plans to purchase an excavator and other machinery to commence excavation and earthworks.

In the year 2020, the company's economic activity was relatively low-key. The sales revenue for the year amounted to a modest 960 euros. However, this period was not devoid of activity. The company was engaged in negotiations with various firms and individuals, both for the purchase of machinery and for the signing of contract agreements. Despite these negotiations, no employment contracts were signed during this year, and no salaries were paid out. Despite these initial challenges, the company remained sustainable and operational.

The year 2021 marked a significant turning point for OÜ Pöide Tehnika. The company's economic activity began in earnest, and several contract agreements were signed. The turnover for the year was a substantial 57,199 euros, reflecting the company's growth and development. In the same year, the company made significant investments in machinery, purchasing an excavator Cace 130B and acquiring a chain mower.

The upward trajectory continued into 2022, with the company's sales revenue reaching 84,333 euros. The company further expanded its machinery inventory, purchasing a small Avant tractor and a variety of other equipment for the excavator. In terms of human resources, the company signed two employment contracts, one starting from the 1st of April, 2021, and the other from the 1st of September, 2021. The labor cost for the reporting year amounted to 15,569 euros. The reporting year ended on a positive note, with the company making a profit.

OÜ Pöide Tehnika continues to be a sustainable and operational business entity. The company's journey from its inception in 2019 to its current state is a testament to its resilience and strategic planning. Despite the initial slow pace of economic activity, the company has managed to establish itself as a significant player in its field, demonstrating consistent growth and profitability.