Osaühing ER Frees
RegisteredKey figures
Ratios
2025Summary: Osaühing ER Frees
What kind of company is it?
Osaühing ER Frees (registry code 10133280) 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: Rakvere linn, Lääne-Viru maakond. According to the latest annual report, the main activity is manufacture of furniture (except mattresses) (EMTAK 31001). The company is registered for VAT (VAT number EE100462124).
How is the company doing financially?
Revenue in financial year 2025 was 184 089 €, down 16,8% on the previous year (221 176 €). From 2019 to 2025, revenue declined by an average of 7,7% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 24 051 € (13,1% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees (3 a year earlier). Revenue per employee was 184 089 €. At the end of financial year 2025, total assets were 426 627 € and equity 407 472 € (95,5% of assets). Based on labour costs in the report, the estimated average gross salary was about 1100 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 33 908 €, down 24,2% on the same quarter a year earlier. Labour taxes paid in the quarter: 1573 €.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is 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 29.06.2026. 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 | 33 908 € | — | 1573 € |
| Q2 2026 | 47 436 € | 1 | 1606 € |
| Q1 2026 | 37 993 € | 1 | 1549 € |
| Q4 2025 | 39 954 € | 1 | 1402 € |
| Q3 2025 | 44 754 € | 1 | 1543 € |
| Q2 2025 | 45 208 € | 1 | 2231 € |
| Q1 2025 | 51 086 € | 1 | 3250 € |
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.
Equity decreased by 34 000 € in ways other than from retained earnings — e.g. a share capital reduction, a payout from other reserves or a revaluation reserve adjustment. The open data does not show whether this was a payout to the owners.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 282 498 | 314 661 | 280 595 | 221 176 | 184 089 |
| Net profit | 19 612 | 47 684 | −18 789 | −8708 | 24 051 |
| Retained earnings | 239 286 | 258 897 | 306 582 | 287 793 | 279 085 |
| Total assets | 427 588 | 471 053 | 444 820 | 432 787 | 426 627 |
| Total liabilities | 19 354 | 21 136 | 18 691 | 15 366 | 19 155 |
| Total equity | 408 234 | 449 917 | 426 129 | 417 421 | 407 472 |
| Employees | 2 | 1 | 2 | 3 | 1 |
| Average gross salary (monthly) | 363 | 465 | 759 | 671 | 1100 |
| Calculated dividend | 0 | 0 | 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.
Connections graph
Click a node to see its other connections.
State aid and grants
4 recordsState aid and de minimis aid in total 1563 € (2016–2023). Largest grantors: Riigi Tugiteenuste Keskus (1238 €), Eesti Töötukassa (291 €), Põllumajanduse Registrite ja Informatsiooni Amet (34 €).
Show all aid records (4)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Riigi Tugiteenuste Keskus | Muu | 216 € | 18.04.2023 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Muu | 34 € | 07.07.2022 |
| Eesti Töötukassa | Palgatoetus VTA | 291 € | 26.09.2019 |
| Riigi Tugiteenuste Keskus | Muu | 1022 € | 18.11.2016 |
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 ↗
Change history
1 change- 12.10.2026*Address changed: Lääne-Viru maakond, Rakvere linn, Narva tn 41 · previously: Lääne-Viru maakond, Rakvere vald, Aluvere küla, Betooni tn 9
Entered in the register on 01.11.1996.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- Ericsson Eesti Aktsiaselts417 m €
- Enefit Industry OÜ320 m €
- VKG OIL AS274 m €
- Foxway OÜ251 m €
- AS Maag Eesti191 m €