ATEA AS: Public Procurement
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ATEA AS has over the course of time secured various public contracts, on average 43,9 times a year, with the first one won 11 years ago in 2009. The company has received 483 slices of the state pie, in return having completed works or provided services for the common good to the value of 132 190 439 euros. This adds up to the annual turnover of a fairly successful company.
The year 2018 was record-breaking for this company, winning the largest procurement - "TEMPEST seadmed" - to date with the total value at 29 400 000 euros. But the company did not rest on its laurels, they kept putting in the effort and the turnover for 2018 eclipsed all earlier years.
Typically, one public contract makes up a staggering 1/2 of ATEA AS'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 ATEA AS has bid in public procurements 578 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.
The company is a solid business partner to the state that, on average, pays taxes to the State Treasury amounting to 25,6% of the sum received in sales turnover from its public contracts. Like a top-of-the-class student, this company has never in its history failed on its tax and reporting obligations. Neither has it swindled its business partners.