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's activity report 2022

In the process of preparing the annual financial report, the management has adhered to the principles of the Accounting Act and good practice. The board of directors, in accordance with the Commercial Code, accurately and fairly reflects the company's assets, liabilities, equity, and the results of its economic activities. The primary business activity of 4A Lux OÜ is the installation of electrical wires and equipment.

In 2022, the company set a goal for itself to further develop its business activities and to end the fiscal year with a profit, a goal which it successfully achieved. It's worth noting that no remuneration has been paid to the board members.

The preparation of the annual financial report is a critical task that requires a deep understanding of the Accounting Act and good practice. The board of directors, in this case, has shown a high level of professionalism and adherence to the law. They have accurately and fairly represented the company's assets, liabilities, equity, and the results of its economic activities. This is a clear indication of their commitment to transparency and accountability.4A Lux OÜ, with its primary business activity being the installation of electrical wires and equipment, has shown a commendable performance in 2022. The company not only set ambitious goals for itself but also successfully achieved them. This is a testament to the company's strategic planning and execution capabilities.

The company's decision to further develop its business activities and to end the fiscal year with a profit has paid off. This achievement is a clear indication of the company's strong financial management and its ability to effectively implement its business strategies.

Interestingly, the company has managed to achieve its financial goals without paying any remuneration to the board members. This is a unique approach that not only helps in cost-saving but also shows the board members' commitment to the company's success.

In conclusion, the performance of 4A Lux OÜ in 2022 is a clear demonstration of effective strategic planning, strong financial management, and a high level of commitment from the board of directors. The company's adherence to the Accounting Act and good practice in the preparation of its annual financial report further reinforces its commitment to transparency and accountability.