Kvare Invest OÜ
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Kvare Invest OÜ
What kind of company is it?
Kvare Invest OÜ (registry code 10166894) is a private limited company (OÜ). The company was entered in the Commercial Register in 1997 and has been registered for 29 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is renting and operating of own or leased real estate (EMTAK 68201). The company is registered for VAT (VAT number EE100056996).
How is the company doing financially?
Revenue in financial year 2025 was 223 703 €, up 58,2% on the previous year (141 422 €). From 2019 to 2025, revenue grew by an average of 18,0% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 248 859 € (111% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 111 852 €. At the end of financial year 2025, total assets were 7 928 670 € and equity 7 863 001 € (99,2% of assets). Based on labour costs in the report, the estimated average gross salary was about 1140 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 57 952 €, down 95,5% on the same quarter a year earlier. Labour taxes paid in the quarter: 3041 €.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 3 owners. The largest stake (60%) 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. Latest register change: 23.09.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 05.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (254900RFESLQKQ6U9B96) comes from the GLEIF database. 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 | 57 952 € | — | 3041 € |
| Q2 2026 | 59 208 € | 1 | 3807 € |
| Q1 2026 | 62 358 € | 2 | 3835 € |
| Q4 2025 | 59 447 € | 2 | 3656 € |
| Q3 2025 | 1 298 722 € | 2 | 2905 € |
| Q2 2025 | 27 385 € | 1 | 2905 € |
| Q1 2025 | 27 365 € | 1 | 2999 € |
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 | 51 105 | 54 927 | 100 134 | 141 422 | 223 703 |
| Net profit | −4388 | 29 479 | 179 104 | 53 721 | 248 859 |
| Retained earnings | 1 462 919 | 1 458 531 | 1 488 010 | 925 448 | 979 169 |
| Total assets | 8 107 832 | 8 134 148 | 8 327 864 | 7 710 758 | 7 928 670 |
| Total liabilities | 14 328 | 11 165 | 25 777 | 96 616 | 65 669 |
| Total equity | 8 093 504 | 8 122 983 | 8 302 087 | 7 614 142 | 7 863 001 |
| Employees | 2 | 1 | 1 | 1 | 2 |
| Average gross salary (monthly) | 691 | 1232 | 990 | 1714 | 1141 |
| Calculated dividend | 499 999 | 0 | 0 | 741 666 | 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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State aid and grants
1 recordState aid and de minimis aid in total 2658 € (2025). Largest grantors: Eesti Töötukassa (2658 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 2658 € | 28.08.2025 |
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 ↗
Change history
1 change- 23.09.2026Registry entry changed · persons
Entered in the register on 21.01.1997.
Source: Business Register change list and open data.
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