osaühing Veemehed

Registered
10265797Private limited company (OÜ)Founded 1997

Key figures

40 115 €−6,6%
Revenue 2025
+2,6%
Average annual growth 2019–2025
020 k40 k60 k80 k2019202020212022202320242025

Ratios

2025

Summary: osaühing Veemehed

What kind of company is it?

Osaühing Veemehed (registry code 10265797) 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: Ääsmäe küla, Saue vald, Harju maakond. According to the latest annual report, the main activity is manufacture of other builders' ware of plastic (EMTAK 22249). The company is registered for VAT (VAT number EE100452558).

How is the company doing financially?

Revenue in financial year 2025 was 40 115 €, down 6,6% on the previous year (42 936 €). From 2019 to 2025, revenue grew by an average of 2,6% per year. Net profit for financial year 2025 was 4606 € (11,5% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 20 058 €. At the end of financial year 2025, total assets were 14 892 € and equity 8796 € (59,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 11 726 €, down 8,4% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 2280 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 640 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 3 owners. The largest stake (83,1%) 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 13.07.2026. 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 202611 726 €32280 €
Q2 202612 440 €32470 €
Q1 202611 560 €32440 €
Q4 20258240 €31292 €
Q3 202512 808 €31292 €
Q2 20257080 €32288 €
Q1 20259899 €31964 €

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 revenue71 39075 38849 81842 93640 115
Net profit22451424184−25384606
Retained earnings−451179432183402864
Total assets24 27521 14724 84614 25414 892
Total liabilities19 15514 60318 11810 0646096
Total equity51206544672841908796
Employees22222
Average gross salary (monthly)641696680647346
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 obligations1 note6 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
Filed late: 2025
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
8,45%8,45%83,11%osaühing VeemehedMatti Kalevi KulmalaRisto Olavi KulmalaSergei Ivanov
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

6 records

State aid and de minimis aid in total 7620 € (2017–2022). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (7620 €).

Show all aid records (6)
20221755 €
2021272 €
20201632 €
20191081 €
20181440 €
20171440 €

The total also includes 6 tax reductions worth 7620 € (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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