VG HOLDING AS

Registered
10063473Public limited company (AS)Founded 1996
Tax debt 1017 € as of 09.11.2026 (incl. 1017 € in a payment schedule).Source: Tax and Customs Board

Key figures

354 591 €+11,2%
Revenue 2025
+2,8%
Average annual growth 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025

Summary: VG HOLDING AS

What kind of company is it?

VG HOLDING AS (registry code 10063473) is a public limited company (AS). The company was entered in the Commercial Register in 1996 and has been registered for 30 years. Registered location: Võru linn, Võru maakond. According to the latest annual report, the main activity is coating of metals (EMTAK 25511). The company is registered for VAT (VAT number EE100412909).

How is the company doing financially?

Revenue in financial year 2025 was 354 591 €, up 11,2% on the previous year (318 864 €). From 2019 to 2025, revenue grew by an average of 2,8% per year. Net profit for financial year 2025 was 29 816 € (8,4% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 8 employees (9 a year earlier). Revenue per employee was 44 324 €. At the end of financial year 2025, total assets were 387 211 € and equity 240 036 € (62,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 104 973 €, up 8,5% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 9163 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1080 € per month.

Who runs the company and who owns it?

The management board has 2 members. The supervisory board has 3 members.

Where does the data come from and how fresh is it?

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 30.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026104 973 €69163 €
Q2 202693 689 €78740 €
Q1 202667 930 €610 074 €
Q4 202599 794 €811 916 €
Q3 202596 741 €911 174 €
Q2 202592 633 €89951 €
Q1 202578 494 €78703 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 39 994 € (18% of distributable profit).

History
202539 994 €
20240 €
202387 500 €
202299 999 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue444 258417 513352 886318 864354 591
Net profit−62 61947 72327 310105829 816
Retained earnings390 443227 825188 048215 358176 422
Total assets525 658491 772425 535408 219387 211
Total liabilities164 036182 426176 379158 005147 175
Total equity361 622309 346249 156250 214240 036
Employees77998
Average gross salary (monthly)9491022931980996
Calculated dividend099 99987 500039 994

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Risks and obligations1 issue1 for information5 clear
Register status
Registered
Business Register
Tax debt
1017 €
as of 09.11.2026 (incl. 1017 € in a payment schedule)
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
146 997 €
A pledge over the company's movable assets, usually securing a loan.
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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53%47%VG HOLDING ASMerike GorškovaIgor Gorškov2Aleksandr LenkJekaterina LenkLiidia Lenk
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

3 records

State aid and de minimis aid in total 6517 € (2019–2023). Largest grantors: Eesti Töötukassa (6517 €).

Show all aid records (3)
20231282 €
20204133 €
20191101 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA1282 €04.08.2023
Eesti TöötukassaPalgatoetus VTA4133 €01.06.2020
Eesti TöötukassaPalgatoetus VTA1101 €23.01.2019

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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