AS VALGA VESI

Registered
10210129Public limited company (AS)Founded 1997

Key figures

1 803 374 €−2,8%
Revenue 2025
+6,1%
Average annual growth 2019–2025
0500 k1 m1,5 m2 m2019202020212022202320242025

Ratios

2025

Summary: AS VALGA VESI

What kind of company is it?

AS VALGA VESI (registry code 10210129) is a public limited company (AS). The company was entered in the Commercial Register in 1997 and has been registered for 29 years. Registered location: Valga linn, Valga vald, Valga maakond. According to the latest annual report, the main activity is sewerage and wastewater treatment (EMTAK 37001). The company is registered for VAT (VAT number EE100491030).

How is the company doing financially?

Revenue in financial year 2025 was 1 803 374 €, down 2,8% on the previous year (1 855 043 €). From 2019 to 2025, revenue grew by an average of 6,1% per year. Financial year 2025 ended with a loss of 696 899 €. The company was profitable in 1 of the 7 published financial years. In financial year 2025 the company had 15 employees (16 a year earlier). Revenue per employee was 120 225 €. At the end of financial year 2025, total assets were 20 557 105 € and equity 20 015 726 € (97,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 440 000 €. The company had 18 employees in that quarter. Labour taxes paid in the quarter: 54 427 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1930 € per month.

Who runs the company and who owns it?

The company has one management board member. The supervisory board has 6 members. The sole owner of the company is Valga Vallavalitsus.

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: 20.10.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 25.05.2026. 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 2026440 000 €1854 427 €
Q2 2026423 694 €1750 918 €
Q1 2026472 204 €1656 232 €
Q4 2025441 147 €1560 407 €
Q3 2025438 432 €1558 952 €
Q2 2025460 947 €1554 887 €
Q1 2025493 342 €1457 041 €

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 revenue1 337 7271 597 1011 800 3921 855 0431 803 374
Net profit−610 192−480 716−454 724−557 319−696 899
Retained earnings21 928 27721 318 08520 837 36920 382 64519 825 326
Total assets23 003 88922 957 93622 294 54321 622 79320 557 105
Total liabilities798 5051 233 2681 024 599910 168541 379
Total equity22 205 38421 724 66821 269 94420 712 62520 015 726
Employees2019171615
Average gross salary (monthly)16061709185220452325
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 clear
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
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

100%AS VALGA VESI1Valga VallavalitsusJuri Gotmans2Anastasija Kikkas3Andres IllakAnts Tiisler4Ester KaruseOleg VahrinValentina Melehhova
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

Public procurement

The company is itself a contracting authority: 2 tenders. View tenders →

State aid and grants

6 records

State aid and de minimis aid in total 2 318 936 € (2015–2021). Largest grantors: SA Keskkonnainvesteeringute Keskus (2 317 605 €), Eesti Töötukassa (1331 €).

Show all aid records (6)
2021597 271 €
20191 363 959 €
2016234 586 €
2015123 121 €
GrantorPurposeAmountDate
SA Keskkonnainvesteeringute KeskusHüvitised Euroopa Komisjoni 20. dets. 2011. a otsuse art 2 lg 1 p a) nimetatud ettevõtjatele345 940 €15.07.2021
Eesti TöötukassaKoolitus VTA1331 €12.02.2021
SA Keskkonnainvesteeringute KeskusHüvitised Euroopa Komisjoni 20. dets. 2011. a otsuse art 2 lg 1 p a) nimetatud ettevõtjatele250 000 €14.01.2021
SA Keskkonnainvesteeringute KeskusHüvitised Euroopa Komisjoni 20. dets. 2011. a otsuse art 2 lg 1 p a) nimetatud ettevõtjatele1 363 959 €19.07.2019
SA Keskkonnainvesteeringute KeskusÜldist majandushuvi pakkuvate teenuste osutamise eest antav VTA234 586 €21.11.2016
SA Keskkonnainvesteeringute KeskusÜldist majandushuvi pakkuvate teenuste osutamise eest antav VTA123 121 €15.06.2015

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

5 changes
  • 20.10.2026Registry entry changed
  • 12.10.2026*Added: Management board member Juri Gotmans
  • 12.10.2026*Left: Management board member Jüri Teder
  • 05.10.2026Registry entry changed
  • 18.09.2026Registry entry changed

Entered in the register on 22.05.1997.

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
YearFiles
2025DDOC/BDOCPDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL
2019DDOC/BDOCPDFXBRL

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

Related companies