FLEX INTERIOR OÜ

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This company's branding has already reached 9,223 peopleand his is followed by 3 Storybook users.On average, the company has been rated 5.0 points.and commented

FLEX INTERIOR OÜ current status

This company's branding has already reached 9,223 peopleand his is followed by 3 Storybook users.On average, the company has been rated 5.0 points.and commented 1 time.

's activity report 2022

Introduction Flex Interior OÜ is a small-scale enterprise that embarked on its journey in the year 2016. The primary focus of the company lies in the realm of furniture installation. Despite being a small-scale enterprise, Flex Interior OÜ has made significant strides in its field, carving a niche for itself in the competitive market. Revenue, Expenses, and Profit In the fiscal year 2022, Flex Interior OÜ reported a sales revenue of 146.8 thousand euros. An interesting aspect of this revenue distribution is that 55% of it was generated from furniture installation services within Estonia, while the remaining 45% was contributed by operations outside the country. This clearly indicates the company's ability to cater to both domestic and international markets effectively. However, the company faced a setback in the same year, reporting a gross loss of -6.7 thousand euros. The cost of goods and services stood at 30.5 thousand euros, and various operating expenses amounted to 37.5 thousand euros. These figures highlight the areas where the company needs to work on to improve its financial health. Currency Exchange Risk The transactions with suppliers and customers are conducted in euros, which implies that the risk associated with currency exchange is moderate or even low. This is a significant advantage for the company as it minimizes the potential financial risks that could arise due to fluctuations in currency exchange rates. Investments During the reporting period, the company made a strategic investment in the purchase of a work vehicle. This investment is expected to enhance the operational efficiency of the company and contribute to its growth in the long run. Personnel On average, Flex Interior OÜ employed 4 workers during the fiscal year. It's worth noting that the company did not pay any member fees to the board members, which is a testament to the company's commitment to maintaining a lean operational structure. Goals for the Next Fiscal Year Flex Interior OÜ has set clear goals for the upcoming fiscal year. The primary objective is to recover from the loss and expand its area of operations. This indicates the company's resilience and determination to overcome challenges and continue its growth trajectory.

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