In 2014 the Company was focusing on enhancing the effectiveness of its business. It has activated its wholesale business, tightened control over
RJR goods delivered to clients "for sale". The company has developed new business concepts and pricing policies for exchange operations (jewelry for gold) in workshop.
The Company closed its fiscal year with the results as follows:
| 2014 | 2013 | |
| Result before extraordinary items and taxes is: | (143 490) | 51 592 |
| Deferred tax | 17213 | (8 076) |
| Real Property Tax: | (5 820) | (5 270) |
| Net result: | (132 097) | 38 246 |
Net turnover for 01.01.2014- 31.12.2014 was equal to 566 590 EUR. It has decreased for 37,5 % compared with the previous accounting period.
| 2014 | 2013 | |
| The company profitability: | ||
| Kommercial profitability (%) | -26,59 | 4,22 |
| Profitability of primary activity | 30,54 | 57,10 |
| Finansial profitability (%): | ||
| Fixed capital profitability (rendits) | -9,61 | 2,23 |
| Fixed capital profitability (rendits) | -10,03 | 2,32 |
| Likvidity coefficients: | ||
| General likvidity | 34,97 | 39,99 |
| General likvidity | 15,02 | 20,44 |
| Full likvidity | 2,03 | 4,24 |
In attachment: JSC "Rīgas juvelierizstrādājumu rūpnīca" Unaudited Consolidated Interim Report Q12/2014
