AED JA RADA OÜ: Wage rally
According to the Tax Board, in the fourth quarter of 2020, AED JA RADA OÜ team did not have a single employee and no labor taxes were paid.
COMPARISON WITH THE PREVIOUS QUARTER
Compared to the fourth quarter the teams size did not change.
SUMMARY OF THE YEAR
Each year, an employee receives an average salary of 276 EUR per month and a turnover of an average of 4 313 EUR for the company. Labor costs are an average of 0% of turnover.
The company would probably have enough funds to increase the payroll, because in the last declared financial year (2018) the company ended with a profit, which could increase the salary of each employee by a maximum of 99 EUR / month (total salary fund) and in that case the company would close its financial year with a similar profit of 1 195 EUR.
COMPARISON WITH THE SECTORAL AVERAGE
AED JA RADA OÜ operates in the sector CONSTRUCTION, where the average monthly salary is 1 018 EUR. In Harju, where the company operates, the average monthly salary is 1 316 EUR. ** The average wage is calculated according to the data of the Tax and Customs Board according to the calculation of labor taxes paid in the last 4 quarters (companies that pay wages below the minimum wage or do not pay labor taxes at all are excluded).