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's activity report 2022

Massiiv OÜ, a prominent advertising agency service provider, recently concluded its fiscal year with a turnover of 120,296 euros, generating a profit of 24,080 euros. This impressive financial performance is a testament to the company's robust business model and its ability to deliver high-quality services that meet the needs of its clients.

The company's primary business activity revolves around providing advertising agency services. This involves a wide range of tasks, from creating and planning advertising campaigns to managing client relationships and ensuring that each campaign achieves its intended results. The company's expertise in this field is evident in its financial results, which show a strong revenue stream from its core business operations.

A significant portion of the company's revenue, specifically 95%, was derived from sales to Estonian companies. This indicates that Massiiv OÜ has a strong foothold in the Estonian market, where it has been able to establish a solid client base and generate consistent revenue. This local focus has undoubtedly played a key role in the company's financial success.

During the fiscal year, the company operated with a lean team of one employee. Despite this lean team, the company was able to achieve a high level of productivity and efficiency, as evidenced by its strong financial performance. The total labor costs, inclusive of taxes, amounted to 29,410 euros. This figure reflects the company's commitment to investing in its workforce and ensuring that its employee is well-compensated for their contributions to the company's success.

Looking ahead, the company's performance in the next fiscal year will be significantly influenced by the overall state of the economy in Estonia and the resulting volume of the advertising market. Given the company's strong performance in the past fiscal year, it is well-positioned to navigate any potential economic challenges and continue to deliver strong results.

In conclusion, Massiiv OÜ's financial performance in the past fiscal year demonstrates its strong business model and its ability to deliver high-quality advertising agency services. The company's focus on the Estonian market has proven to be a successful strategy, and its investment in its workforce has paid off in terms of productivity and financial results. As the company looks ahead to the next fiscal year, it is well-prepared to navigate the economic landscape and continue to deliver strong results.