Linnutee Konsult OÜ

Linnutee Konsult OÜ 2025. a. majandusaasta aruanne Tegevusaruanne When the last annual report was submitted in respect of the year ending on 31.12.2024, it was expected that revenue in 2025 will cover the losses and restore owner's equity. In the last financial year, this was not feasible and the owner extended interest-free loans to the company to restore its cash position (thus there is more than sufficient cash in its bank account for the share capital). In other words, the worsening equity position actually reflects the owner's efforts to support the company (by way of an increase in liability to the owner), which should not be equated with external debt (which is null). The owner undertakes not to demand repayment until the company's cashflow position significantly improves, so the true financial position of the company is understated by its net profit figures.