osaühing Finak
RegisteredKey figures
Ratios
2025Summary: osaühing Finak
What kind of company is it?
Osaühing Finak (registry code 10240596) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is manufacture of prefabricated wooden buildings and their components (EMTAK 16231). The company is registered for VAT (VAT number EE100013382).
How is the company doing financially?
Revenue in financial year 2025 was 301 296 €, down 32,0% on the previous year (442 894 €). From 2019 to 2025, revenue declined by an average of 12,3% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 3302 €. The company was profitable in 1 of the 7 published financial years. In financial year 2025 the company had 9 employees (20 a year earlier). Revenue per employee was 33 477 €. At the end of financial year 2025, total assets were 285 854 € and equity 12 855 € (4,5% of assets). Based on labour costs in the report, the estimated average gross salary was about 1120 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 16 239 €, down 78,6% on the same quarter a year earlier.
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 30.06.2026. 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 | 16 239 € | — | 0 € |
| Q2 2026 | 9268 € | — | 0 € |
| Q1 2026 | 17 339 € | — | 0 € |
| Q4 2025 | 8124 € | — | 0 € |
| Q3 2025 | 75 886 € | — | 33 185 € |
| Q2 2025 | 88 415 € | 9 | 19 502 € |
| Q1 2025 | 36 217 € | 19 | 25 287 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 644 257 | 734 969 | 626 386 | 442 894 | 301 296 |
| Net profit | −29 878 | 1110 | −40 066 | −27 079 | −3302 |
| Retained earnings | 83 270 | 53 392 | 54 502 | 14 436 | −12 643 |
| Total assets | 265 500 | 284 001 | 230 998 | 258 504 | 285 854 |
| Total liabilities | 183 308 | 200 699 | 187 762 | 242 347 | 272 999 |
| Total equity | 82 192 | 83 302 | 43 236 | 16 157 | 12 855 |
| Employees | 29 | 29 | 25 | 20 | 9 |
| Average gross salary (monthly) | 754 | 805 | 908 | 923 | 1116 |
| 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
State aid and grants
10 recordsState aid and de minimis aid in total 5069 € (2017–2022). Largest grantors: Eesti Töötukassa (4573 €), Põllumajanduse Registrite ja Informatsiooni Amet (496 €).
Show all aid records (10)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 4447 € | 29.01.2021 |
| Eesti Töötukassa | Palgatoetus VTA | 126 € | 08.08.2018 |
The total also includes 8 tax reductions worth 496 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.
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
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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