Finances

Financial projections, economic indicators, real estate, grants, procurements and asset values of beneficiaries

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The year 2016 was record-breaking for this company, winning the largest procurement - "Köögiseadmete ostmine" - to date with the total value at 900 000 euros. But the company did not rest on its laurels, they kept putting in the effort and the turnover for 2016 eclipsed all earlier years.

Typically, one public contract makes up a staggering 1/7 of FARWELLI KAUBANDUSE OÜ's turnover! That is quite a lot and the loss of income from public procurements would make itself felt in the turnover.

This makes it plain to see why the company is so active in tendering. – in all FARWELLI KAUBANDUSE OÜ has bid in public procurements 54 times to secure winning contracts.

All this considered, it is sadly a dubious business partner to the state that, on average, pays taxes to the State Treasury amounting to 155,8% of the sum received in sales turnover from its public contracts. This company has met all its tax and reporting obligations. There are no signs of short-changing business partners either.