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 - "Reisikorralduse teenus" - to date with the total value at 8 800 000 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 1/2 of WRIS AS's turnover! That is a substantial proportion and the loss of income from public procurements would probably deliver a death blow to the company's turnover.

This makes it plain to see why the company is so active in tendering. – in all WRIS AS has bid in public procurements 74 times to secure winning contracts. Considering the bureaucracy involved in public procurements, it must take up considerable time at the expense of other money-making ventures.

The company is a solid business partner to the state that, on average, pays taxes to the State Treasury amounting to 15,1% of the sum 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.