Osaühing Vela Trade

Registered
10113797Private limited company (OÜ)Founded 1996

Key figures

134 968 €+1,8%
Revenue 2025
+5,4%
Average annual growth 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025

Summary: Osaühing Vela Trade

What kind of company is it?

Osaühing Vela Trade (registry code 10113797) is a private limited company (OÜ). The company was entered in the Commercial Register in 1996 and has been registered for 29 years. Registered location: Püünsi küla, Viimsi vald, Harju maakond. According to the latest annual report, the main activity is retail sale of footwear and leather goods (EMTAK 47721). The company is registered for VAT (VAT number EE100333842).

How is the company doing financially?

Revenue in financial year 2025 was 134 968 €, up 1,8% on the previous year (132 539 €). From 2019 to 2025, revenue grew by an average of 5,4% per year. Net profit for financial year 2025 was 4762 € (3,5% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 4 employees. Revenue per employee was 33 742 €. At the end of financial year 2025, total assets were 211 193 € and equity 140 259 € (66,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 36 072 €, down 16,4% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 1949 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 490 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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 12.02.2026. 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 202636 072 €41949 €
Q2 202648 639 €42262 €
Q1 202637 195 €52894 €
Q4 202548 855 €52808 €
Q3 202543 149 €52455 €
Q2 202545 952 €42448 €
Q1 202552 225 €42395 €

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

Summary of financial statements2021–2025
20212022202320242025
Sales revenue116 791143 746171 186132 539134 968
Net profit7728369020 9089714762
Retained earnings99 385107 113110 806131 714132 685
Total assets138 396147 476155 604190 667211 193
Total liabilities28 47133 86121 07855 17070 934
Total equity109 925113 615134 526135 497140 259
Employees44444
Average gross salary (monthly)318387423475499
Calculated dividend00000

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 clear1 for information
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
1 decision
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
50%50%Osaühing Vela TradeElvira Šteinle-Lastov…Valentin Lastovka
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 3600 € (2025). Largest grantors: Eesti Töötukassa (3600 €).

Show all aid records (1)
20253600 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA3600 €01.09.2025

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

Loading list of reports…

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

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