Finances

Financial projections, economic indicators, real estate, grants, procurements and asset values of beneficiaries

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The year 2019 was record-breaking for this company, winning the largest procurement - "IT kaupade hankimine raamlepingu alusel" - to date with the total value at 2 000 000 euros. Presumably being awarded the public contract allowed to take things easy, because it did not boost the company's turnover much.

Typically, one public contract makes up a staggering 1/8 of INFOTARK AS's turnover! That is quite a lot and the loss of income from public procurements would make itself felt in the turnover.

This makes it plain to see why the company is so active in tendering. – in all INFOTARK AS has bid in public procurements 224 times to secure winning contracts.

The company is a solid business partner to the state that pays more taxes to the State Treasury than has received in sales turnover from its public contracts. Like a top-of-the-class student, this company has never in its history failed on its tax and reporting obligations. Neither has it swindled its business partners.