Norrona Factory, UAB - employees and salaries

Company age: 7 y. 9 mo.

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Norrona Factory - Basic salary and employee information

Number of employees

53

Annual change in number of employees

-4% (-2)

Average salary

1866 €

Change in average wage per year

+1% (+16 €)

Salary compared to sector average

127%

1 866 € vs 1 466 € sect.

Annual employee turnover

Employee turnover rate = (number of employees who left during the year / average annual number of employees) x 100 %

13,2 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
Norrona Factory, UAB (code 304975942) is a medium-sized company operating in the manufacture of knitted and crocheted apparel. The workforce has gradually become smaller over the available period, from an average of 67 employees in 2023 to 62 in 2024 and 54 in 2025. So far in 2026, the average headcount stands at 53, which is slightly below the previous year and about 14.5% lower than two years earlier. Average monthly gross wages have moved in the opposite direction, rising from €1,439.62 in 2023 to €1,500.57 in 2024, €1,752.68 in 2025 and €1,838.71 so far in 2026. That means wages are up 4.9% year on year and 22.5% over two years. Based on the latest staffing and pay level, the estimated annual payroll is €1.17M. Productivity indicators show revenue of €29.7K per employee and profit of €2.1K per employee.

Number of employees

Employee turnover rate

Employee turnover is a term describing the process when employees leave an organization and are replaced by new ones. It is an important human resource management indicator reflecting the quality of the company's work environment, employee satisfaction, and organizational culture.

Employee turnover rate = (number of employees who left during the year / average annual number of employees) x 100 %

Average salary