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 - "ERM toiduainete ostmine" - to date with the total value at 3 000 000 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 1/2 of ÕLLENAUT OÜ'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 ÕLLENAUT OÜ has bid in public procurements 2 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.

At the same time, it is a business partner to the state that pays taxes to the State Treasury equal to or even exceeding the sum received in sales turnover from its public contracts.