This company's branding has already reached 105 peopleand his is followed by 1 Storybook user.On average, the company has been rated 3.0 points.but there is no comment.

Tegevusaruanne 2023

Management Report for the Year Ended 31 December 2023

Cryptocurrency OÜ

Reporting Period: 01.01.2023 - 31.12.2023

Business Activities: Cryptocurrency OÜ, established in 2017, is a one-man company operating in the field of IT consulting. The company has continued to provide high-quality consulting services in IT and engineering management.

Overview of the Year: During the financial year 2023, Cryptocurrency OÜ maintained its focus on IT consulting, providing expert advice and solutions to its clients. Despite the challenges in the market, the company managed to sustain its operations and deliver value to its customers.

Financial Performance: (cid:127) Revenue: The company generated revenue of €260,000 in 2023, reflecting consistent demand for its consulting services.

(cid:127) Operating Expenses: Total operating expenses amounted to €266,000, including costs for goods, raw materials, and services (€215,000), and other operating expenses (€50,000).

(cid:127) Net Profit: The company incurred a net loss of €7,500 in 2023 due to increased operating expenses.

Key Financial Indicators: (cid:127) Total Assets: As of 31 December 2023, the company's total assets stood at €327,000.

(cid:127) Liabilities: Total liabilities at the end of 2023 were €50,000.

(cid:127) Equity: The company's equity amounted to €277,000.

Investments: No significant financial investments were made during the year.

Future Outlook: Cryptocurrency OÜ plans to continue its operations in IT consulting in 2024, focusing on expanding its client base and enhancing its service offerings. The company aims to leverage its expertise to drive growth and improve financial performance.

Risks and Uncertainties: The management recognizes potential risks related to market fluctuations and economic conditions that could impact the company's financial performance. The company remains vigilant and prepared to adjust its strategies to mitigate these risks.

Corporate Governance: As a one-man company, Cryptocurrency OÜ ensures that all operations and financial management are conducted transparently and in compliance with regulatory requirements.

Acknowledgements: The management would like to thank all clients and partners for their continued trust and support. Their collaboration has been instrumental in sustaining the company's operations.

Conclusion: The financial year 2023 was challenging due to increased operating expenses, but Cryptocurrency OÜ remains committed to providing exceptional IT consulting services and looks forward to a successful year in 2024.