osaühing Vesset

Registered
10069286Private limited company (OÜ)Founded 1996

Key figures

1 587 455 €−4,9%
Revenue 2025
−14,4%
Average annual change 2019–2025
02 m4 m6 m2019202020212022202320242025

Ratios

2025

Summary: osaühing Vesset

What kind of company is it?

Osaühing Vesset (registry code 10069286) is a private limited company (OÜ). The company was entered in the Commercial Register in 1996 and has been registered for 30 years. Registered location: Kärdla linn, Hiiumaa vald, Hiiu maakond. According to the latest annual report, the main activity is sawing and planing of wood (EMTAK 16111). The company is registered for VAT (VAT number EE100455652).

How is the company doing financially?

Revenue in financial year 2025 was 1 587 455 €, down 4,9% on the previous year (1 668 902 €). From 2019 to 2025, revenue declined by an average of 14,4% per year. Financial year 2025 ended with a loss of 31 577 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 8 employees. Revenue per employee was 198 432 €. At the end of financial year 2025, total assets were 1 567 555 € and equity 1 224 543 € (78,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 464 245 €, down 32,5% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 26 216 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2340 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 2 owners. The largest stake (50,7%) is held by a private individual.

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 09.06.2026. 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 2026464 245 €726 216 €
Q2 2026518 577 €725 793 €
Q1 2026301 953 €726 730 €
Q4 2025589 011 €728 740 €
Q3 2025688 127 €726 571 €
Q2 2025819 121 €725 399 €
Q1 2025647 372 €724 662 €

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

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
20230 €
202250 000 €
20210 €
2020200 000 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue4 607 2793 883 5181 424 8921 668 9021 587 455
Net profit181 184147 533−186 603−84 236−31 577
Retained earnings995 1451 126 3291 273 8611 087 2581 002 954
Total assets1 784 2741 850 1631 518 5261 535 3971 567 555
Total liabilities354 779323 135178 102279 209343 012
Total equity1 429 4951 527 0281 340 4241 256 1881 224 543
Employees1814788
Average gross salary (monthly)——234617411944
Calculated dividend050 000000

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 obligationsAll clear
Register status
Registered
Business Register
Tax debt
None
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
Auditor's opinion
Unqualified
Business Register · 2022 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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50,7%49,3%osaühing Vesset1Margus Kruus4Toomas Pertel
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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