Osaühing ELVAREMRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 507 375 € | 14 | 41 525 € |
| Q2 2026 | 705 332 € | 14 | 34 903 € |
| Q1 2026 | 378 158 € | 12 | 37 340 € |
| Q4 2025 | 308 082 € | 12 | 39 886 € |
| Q3 2025 | 324 136 € | 12 | 31 975 € |
| Q2 2025 | 309 434 € | 9 | 28 372 € |
| Q1 2025 | 247 426 € | 9 | 29 224 € |
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.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 384 675 | 266 541 | 266 641 | 239 174 | 484 699 | 564 607 | 679 779 |
| Total non-current assets | 277 239 | 1 039 013 | 1 182 579 | 1 501 906 | 1 477 380 | 1 723 304 | 2 036 076 |
| Total assets | 661 914 | 1 305 554 | 1 449 220 | 1 741 080 | 1 962 079 | 2 287 911 | 2 715 855 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 30 377 | 70 462 | 77 495 | 107 446 | 120 712 | 293 000 | 285 733 |
| Non-current liabilities | — | 422 102 | 386 797 | 349 206 | 441 558 | 427 040 | 686 643 |
| Total liabilities | 30 377 | 492 564 | 464 292 | 456 652 | 562 270 | 720 040 | 972 376 |
| Share capital | 25 564 | 25 564 | 25 564 | 25 564 | 25 564 | 25 564 | 25 564 |
| Retained earnings of previous periods | 378 275 | 602 039 | 783 492 | 955 430 | 1 085 394 | 1 370 311 | 1 538 372 |
| Profit for the year | 223 764 | 181 453 | 171 938 | 299 500 | 284 917 | 168 062 | 175 609 |
| Reserves and other equity | 3934 | 3934 | 3934 | 3934 | 3934 | 3934 | 3934 |
| Total equity | 631 537 | 812 990 | 984 928 | 1 284 428 | 1 399 809 | 1 567 871 | 1 743 479 |
| Income statement | |||||||
| Sales revenue | 683 360 | 658 877 | 892 295 | 1 444 143 | 1 778 158 | 1 622 142 | 1 604 139 |
| Operating profit | 223 748 | 190 241 | 188 326 | 311 427 | 305 816 | 186 024 | 201 923 |
| EBITDA | 256 734 | 228 963 | 248 695 | 400 084 | 427 017 | 315 035 | 348 108 |
| Profit before income tax | 223 764 | 181 453 | 171 938 | 299 500 | 284 917 | 168 062 | 175 609 |
| Profit for the reporting year | 223 764 | 181 453 | 171 938 | 299 500 | 284 917 | 168 062 | 175 609 |
| Labour costs | 144 258 | 110 236 | 198 609 | 253 668 | 303 365 | 290 089 | 396 731 |
| Depreciation of non-current assets | 32 986 | 38 722 | 60 369 | 88 657 | 121 201 | 129 011 | 146 185 |
| Other indicators | |||||||
| Employees | 8 | 6 | 9 | 10 | 9 | 9 | 10 |
| Calculated dividend | — | 0 | 0 | 0 | 169 536 | 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
Public procurement
2 contractsPublic contracts won worth 94 444 € from 2 contracting authorities (18.03.2025–31.03.2025).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Katla põhjatuha eemaldamine varuosade valmistamine | Enefit Power AS | 70 000 € | 31.03.2025 |
| Treitud ukse detailide ostmine Tallinna Vanglale | Tallinna Vangla | 24 444 € | 18.03.2025 |
The company is itself a contracting authority: 1 tenders. View tenders →
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Osaühing ELVAREM
Overview
Osaühing ELVAREM (registry code 10186218) 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: Kotinuka küla, Jõhvi vald, Ida-Viru maakond. According to the latest annual report, the main activity is machining of metal (EMTAK 25531). The company is registered for VAT (VAT number EE100158917).
Financial results
Revenue in financial year 2025 was 1 604 139 €, down 1,1% on the previous year (1 622 142 €). From 2019 to 2025, revenue grew by an average of 15,3% per year. Net profit for financial year 2025 was 175 609 € (10,9% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 10 employees (9 a year earlier). Revenue per employee was 160 414 €. At the end of financial year 2025, total assets were 2 715 855 € and equity 1 743 479 € (64,2% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 507 375 €, up 56,5% on the same quarter a year earlier. The company had 14 employees in that quarter. Labour taxes paid in the quarter: 41 525 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1900 € per month.
Management and owners
The company has one management board member. The sole owner of the company is a private individual.
Data sources and freshness
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 25.06.2026. 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.