AS Otepää Veevärk
RegisteredKey figures
Ratios
2025Summary: AS Otepää Veevärk
What kind of company is it?
AS Otepää Veevärk (registry code 10273845) 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: Kastolatsi küla, Otepää 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 EE100492547).
How is the company doing financially?
Revenue in financial year 2025 was 649 592 €, down 27,7% on the previous year (898 561 €). This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 6964 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 10 employees (8 a year earlier). Revenue per employee was 64 959 €. At the end of financial year 2025, total assets were 2 444 837 € and equity 2 246 437 € (91,9% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 192 161 €, up 17,9% on the same quarter a year earlier. The company had 8 employees in that quarter. Labour taxes paid in the quarter: 24 442 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1950 € per month.
Who runs the company and who owns it?
The company has one management board member. The supervisory board has 5 members. The sole owner of the company is OTEPÄÄ VALLAVALITSUS.
What should you look out for?
In the report for financial year 2023, the auditor pointed to a material uncertainty about the company's ability to continue as a going concern.
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 28.06.2026. 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 | 192 161 € | 8 | 24 442 € |
| Q2 2026 | 187 931 € | 7 | 23 831 € |
| Q1 2026 | 150 706 € | 8 | 33 604 € |
| Q4 2025 | 218 252 € | 9 | 25 899 € |
| Q3 2025 | 162 925 € | 9 | 26 813 € |
| Q2 2025 | 132 688 € | 9 | 25 918 € |
| Q1 2025 | 148 953 € | 10 | 26 216 € |
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 | 762 891 | 816 004 | 1 031 362 | 898 561 | 649 592 |
| Net profit | −181 208 | 33 499 | −325 857 | −29 540 | −6964 |
| Retained earnings | 2 936 342 | 2 755 134 | 2 788 633 | 1 352 912 | 1 323 372 |
| Total assets | 4 324 074 | 4 522 782 | 4 231 807 | 2 517 333 | 2 444 837 |
| Total liabilities | 857 343 | 1 004 120 | 839 002 | 263 932 | 198 400 |
| Total equity | 3 466 731 | 3 518 662 | 3 392 805 | 2 253 401 | 2 246 437 |
| Employees | 13 | 12 | 11 | 8 | 10 |
| Average gross salary (monthly) | 1257 | 1432 | 1611 | 2134 | 1661 |
| Calculated dividend | 0 | 0 | 0 | 1 109 864 | 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
5 recordsState aid and de minimis aid in total 901 938 € (2016–2020). Largest grantors: SA Keskkonnainvesteeringute Keskus (901 938 €).
Show all aid records (5)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| SA Keskkonnainvesteeringute Keskus | Energiatõhusale kaugküttele ja -jahutusele antav investeeringuteks ettenähtud abi (artikkel 46) | 76 000 € | 16.12.2020 |
| SA Keskkonnainvesteeringute Keskus | Üldist majandushuvi pakkuvate teenuste osutamise eest antav VTA | 240 004 € | 20.04.2020 |
| SA Keskkonnainvesteeringute Keskus | Energiatõhusale kaugküttele ja -jahutusele antav investeeringuteks ettenähtud abi (artikkel 46) | 37 885 € | 13.06.2018 |
| SA Keskkonnainvesteeringute Keskus | Energiatõhusale kaugküttele ja -jahutusele antav investeeringuteks ettenähtud abi (artikkel 46) | 324 231 € | 14.07.2017 |
| SA Keskkonnainvesteeringute Keskus | Energiatõhusale kaugküttele ja -jahutusele antav investeeringuteks ettenähtud abi (artikkel 46) | 223 819 € | 14.09.2016 |
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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