VEF Radiotehnika RRR AS operates in the Household audio and video equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares VEF Radiotehnika RRR AS with three other
audio-visual equipment producers in Europe:
sales of 1.76 million Swedish Kronor [US$181,838.40 ]
Anel Telekomunikasyon Elektronik Sistemleri Sanayi Ve Ticaret S.A
(41,823.00 Turkish Liras [US$6,918.78 ]
InCoax Networks AB
based in Sweden
(1.49 million Swedish Kronor [US$153,439.41 ]
Sales fell dramatically in 2018:
VEF Radiotehnika RRR AS reported sales of 154,291.00 Euro (US$167.16 thousand)
December of 2018.
decrease of 80.4%
versus 2017, when the company's sales were 788,941.00 Euro.
Contributing to the drop in overall sales was the 87.7% decline
in Sale of Materials, from 40,808.00 Euro to 5,035.00 Euro.
There were also decreases in sales in
Utility Services (down 83.0% to 99,868.00 Euro)
Sale of Finished Goods, Local Market (down 59.1% to 33,721.00 Euro)
Export Sale of Finished Goods (down 82.8% to 13,407.00 Euro)
However, these declines were partially offset by the increase in sales of
Rent of Premises (up 127.1% to 2,260.00 Euro)