Osaühing VERX RAKVERERegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 496 580 € | 18 | 50 592 € |
| Q2 2026 | 458 783 € | 20 | 44 569 € |
| Q1 2026 | 311 233 € | 19 | 41 525 € |
| Q4 2025 | 292 663 € | 19 | 43 746 € |
| Q3 2025 | 361 788 € | 20 | 46 456 € |
| Q2 2025 | 348 052 € | 24 | 46 908 € |
| Q1 2025 | 329 433 € | 23 | 41 439 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 230 449 | 201 675 | 212 319 | 161 101 | 172 016 | 192 394 | 173 995 |
| Total non-current assets | 45 524 | 54 252 | 61 064 | 73 035 | 67 619 | 47 210 | 56 846 |
| Total assets | 275 973 | 255 927 | 273 383 | 234 136 | 239 635 | 239 604 | 230 841 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 214 039 | 188 854 | 217 399 | 173 788 | 183 875 | 201 942 | 174 052 |
| Non-current liabilities | 22 358 | 33 358 | 46 636 | 51 489 | 46 577 | 24 826 | 43 794 |
| Total liabilities | 236 397 | 222 212 | 264 035 | 225 277 | 230 452 | 226 768 | 217 846 |
| Share capital | 7030 | 7030 | 7030 | 7030 | 7030 | 7030 | 7030 |
| Retained earnings of previous periods | 21 615 | 30 565 | 24 704 | 337 | −152 | 170 | 3825 |
| Profit for the year | 8950 | −5861 | −24 367 | −489 | 324 | 3655 | 159 |
| Reserves and other equity | 1981 | 1981 | 1981 | 1981 | 1981 | 1981 | 1981 |
| Total equity | 39 576 | 33 715 | 9348 | 8859 | 9183 | 12 836 | 12 995 |
| Income statement | |||||||
| Sales revenue | 1 487 324 | 1 351 011 | 1 377 803 | 1 606 449 | 1 436 035 | 1 620 625 | 1 283 458 |
| Operating profit | 12 353 | −2825 | −20 975 | 3031 | 5559 | 10 328 | 4788 |
| EBITDA | 28 208 | 16 086 | −3287 | 21 396 | 23 891 | 30 738 | 22 601 |
| Profit before income tax | 8950 | −5861 | −24 367 | −489 | 324 | 3655 | 159 |
| Profit for the reporting year | 8950 | −5861 | −24 367 | −489 | 324 | 3655 | 159 |
| Labour costs | 322 763 | 295 004 | 323 163 | 363 647 | 368 965 | 432 325 | 437 888 |
| Depreciation of non-current assets | 15 855 | 18 911 | 17 688 | 18 365 | 18 332 | 20 410 | 17 813 |
| Other indicators | |||||||
| Employees | 26 | 22 | 23 | 22 | 20 | 21 | 21 |
| Calculated dividend | — | 0 | 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
Public procurement
2 contractsPublic contracts won worth 0 € from 2 contracting authorities (04.04.2024–02.12.2024).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Korterelamu Järve 4 Roela terviklik rekonstrueermine · joint bid | Vinni vald, Roela alevik, Järve tn 4 korteriühistu | 1 319 850 € | 02.12.2024 |
| Korterelamu Rakvere tee 5 Kadrina terviklik rekonstrueerimine · joint bid | Kadrina vald, Kadrina alevik, Rakvere tee 5 korteriühistu | 972 630 € | 04.04.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Osaühing VERX RAKVERE
Overview
Osaühing VERX RAKVERE (registry code 10293753) is a private limited company (OÜ). The company was entered in the Commercial Register in 1997 and has been registered for 28 years. Registered location: Rakvere linn, Lääne-Viru maakond. According to the latest annual report, the main activity is installation, repair and maintenance of heating, ventilation and air-conditioning equipment (EMTAK 43221). The company is registered for VAT (VAT number EE100459182).
Financial results
Revenue in financial year 2025 was 1 283 458 €, down 20,8% on the previous year (1 620 625 €). From 2019 to 2025, revenue declined by an average of 2,4% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 159 € (0,0% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 21 employees. Revenue per employee was 61 117 €. At the end of financial year 2025, total assets were 230 841 € and equity 12 995 € (5,6% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 496 580 €, up 37,3% on the same quarter a year earlier. The company had 18 employees in that quarter. Labour taxes paid in the quarter: 50 592 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1810 € per month.
Management and owners
The company has one management board member. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 29.06.2026. 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.