osaühing Vesset
RegisteredKey figures
Ratios
2025Summary: 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 464 245 € | 7 | 26 216 € |
| Q2 2026 | 518 577 € | 7 | 25 793 € |
| Q1 2026 | 301 953 € | 7 | 26 730 € |
| Q4 2025 | 589 011 € | 7 | 28 740 € |
| Q3 2025 | 688 127 € | 7 | 26 571 € |
| Q2 2025 | 819 121 € | 7 | 25 399 € |
| Q1 2025 | 647 372 € | 7 | 24 662 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 4 607 279 | 3 883 518 | 1 424 892 | 1 668 902 | 1 587 455 |
| Net profit | 181 184 | 147 533 | −186 603 | −84 236 | −31 577 |
| Retained earnings | 995 145 | 1 126 329 | 1 273 861 | 1 087 258 | 1 002 954 |
| Total assets | 1 784 274 | 1 850 163 | 1 518 526 | 1 535 397 | 1 567 555 |
| Total liabilities | 354 779 | 323 135 | 178 102 | 279 209 | 343 012 |
| Total equity | 1 429 495 | 1 527 028 | 1 340 424 | 1 256 188 | 1 224 543 |
| Employees | 18 | 14 | 7 | 8 | 8 |
| Average gross salary (monthly) | — | — | 2346 | 1741 | 1944 |
| Calculated dividend | 0 | 50 000 | 0 | 0 | 0 |
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
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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