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's activity report 2022

Kuusar Group OÜ, a prominent construction company, has recently released its financial report for the fiscal year running from January 1, 2022, to December 31, 2022. The report provides a comprehensive overview of the company's financial performance, shedding light on its primary business activities and revenue streams during this period.

During the reported fiscal year, Kuusar Group OÜ's main line of business, as determined by its sales revenue, was the construction of residential and non-residential buildings. This broad category of construction activities encompasses a wide range of specialized tasks, including foundational and drainage work, the construction of rainwater and sewage systems, and various building and finishing works. These activities represent the core competencies of Kuusar Group OÜ and have been the primary drivers of its revenue during the reported period.

In terms of financial performance, Kuusar Group OÜ reported sales revenue of 291,151 euros for the fiscal year 2022. While this figure represents the total income generated from the company's sales of goods and services, it is important to note that it does not account for the company's operating expenses, taxes, and other costs. After accounting for these factors, Kuusar Group OÜ reported a net profit of 213 euros for the fiscal year 2022. This figure represents the company's bottom line, or the amount of income that it has retained after covering all of its costs and expenses.

Interestingly, the company's financial report also reveals that no remuneration was paid to the members of the board during the reported period. Furthermore, no other benefits or perks were provided. This decision aligns with the company's commitment to fiscal responsibility and its strategy of reinvesting profits back into the business to fuel future growth.

Looking ahead, the board of Kuusar Group OÜ has decided to continue operating in the aforementioned line of business in the next fiscal year. This decision reflects the company's confidence in its core competencies and its belief in the continued demand for its services in the construction sector. As such, stakeholders can expect Kuusar Group OÜ to continue leveraging its expertise in residential and non-residential construction to drive its growth and profitability in the coming year.