OLFAS, UAB - employees and salaries

Company age: 2 y. 9 mo.

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OLFAS - Basic salary and employee information

Number of employees

44

Annual change in number of employees

+160% (+24)

Average salary

2749 €

Change in average wage per year

+2% (+46 €)

Salary compared to sector average

185%

2 749 € vs 1 489 € sect.

Annual employee turnover

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

45,7 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
OLFAS, UAB (code 306654547) is a Small company operating in new construction. Its workforce has expanded quickly over the last three years. The average headcount was 5 in 2024, rose to 15 in 2025, and has reached 32 so far in 2026, the latest in-progress year. This means employment was more than six times higher than two years earlier, with particularly strong growth from 2024 to 2025 and again in 2026. Average monthly gross wages also increased over the period, from €1,927.52 in 2024 to €2,254.92 in 2025, before easing slightly to €2,225.44 so far in 2026. Even with the small decline in the latest year, pay remains well above the 2024 level, up 15.5% over two years. Based on the current workforce and wage level, estimated annual payroll is €854.6K. Available productivity data shows revenue per employee of €30.5K and profit per employee of €837, indicating modest profitability relative to staffing levels.

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