Slovenian companies recorded profits for 6th year running, with the total net profit in 2007 beating total losses by EUR 3.43m, which is 39% more than the year before, the Public Legal Records and Related Services Agency of Slovenia (AJPES) said on Tuesday.
The report from AJPES includes records of 48,781 companies which reported their financial data for 2007. They employed a total of 499,465 people last year, a 6% rise year-on-year, while their total revenues increased by 19% to EUR 77.96bn.
A total of 33,459 companies (68.6%) ended 2007 with net profit, which stood at EUR 4.12bn overall. There were 1,023 companies which posted more than half a million euros in net profit.
Net losses were meanwhile reported by 13,095 companies (26.8%), and the total amount of the losses stood at EUR 684.1m. Last year 196 of those companies posted more than EUR 500,000 of net loss.
The EUR 4.12bn of the total net profit was 36% higher in 2007 than the year before, while the EUR 684.1m of the total net loss was up 24%.
According to AJPES, 92.7% of the companies belong to micro companies, 4% are small companies and 1.6% are medium sized ones. The share of large companies, employing over half of the workers, stands at 1.6%.
The average gross wage in Slovenian companies that submitted the data last year stood at EUR 1,191, 6% more than in 2006.
Annual reports for 2007 were also filed to AJPES by 315 cooperatives, which employed a total of 3,465 people and posted a surplus of EUR 7.5m.
The agency also analysed annual reports of submitted by 62,930 sole proprietors, with 13.2% ending the year with a loss. They employed 61,548 people and posted a total of EUR 5.61bn in sales revenues.
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