OÜ ÄXI RACING

Registered
10440007Private limited company (OÜ)Founded 1998

Key figures

551 345 €−13,6%
Revenue 2025
−2,3%
Average annual change 2019–2025
0200 k400 k600 k800 k2019202020212022202320242025

Ratios

2025

Summary: OÜ ÄXI RACING

What kind of company is it?

OÜ ÄXI RACING (registry code 10440007) is a private limited company (OÜ). The company was entered in the Commercial Register in 1998 and has been registered for 28 years. Registered location: Raadi alev, Tartu vald, Tartu maakond. According to the latest annual report, the main activity is freight transport by road (EMTAK 49411). The company is registered for VAT (VAT number EE100301117).

How is the company doing financially?

Revenue in financial year 2025 was 551 345 €, down 13,6% on the previous year (637 763 €). From 2019 to 2025, revenue declined by an average of 2,3% per year. Financial year 2025 ended with a loss of 19 132 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 12 employees (11 a year earlier). Revenue per employee was 45 945 €. At the end of financial year 2025, total assets were 888 166 € and equity 298 275 € (33,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 216 841 €, up 59,1% on the same quarter a year earlier. The company had 10 employees in that quarter. Labour taxes paid in the quarter: 12 763 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 940 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is 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 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026216 841 €1012 763 €
Q2 2026200 215 €1110 713 €
Q1 2026121 951 €1012 033 €
Q4 2025170 423 €1313 178 €
Q3 2025136 305 €1211 424 €
Q2 2025129 264 €119942 €
Q1 2025131 491 €1110 794 €

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 revenue543 145701 586761 774637 763551 345
Net profit10 08729 53942 7518582−19 132
Retained earnings204 379214 466244 005286 756295 338
Total assets423 412414 083500 592473 918888 166
Total liabilities186 877148 009191 767156 511589 891
Total equity236 535266 074308 825317 407298 275
Employees1212121112
Average gross salary (monthly)688788781864765
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
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%OÜ ÄXI RACING2Kaido Tamm
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

8 records

State aid and de minimis aid in total 10 861 € (2017–2024). Largest grantors: Eesti Töötukassa (10 815 €), Põllumajanduse Registrite ja Informatsiooni Amet (46 €).

Show all aid records (8)
20243824 €
20235800 €
20221191 €
201816 €
201730 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA3000 €20.02.2024
Eesti TöötukassaPalgatoetus VTA824 €01.02.2024
Eesti TöötukassaPalgatoetus VTA5800 €20.01.2023
Eesti TöötukassaNõustamine VTA491 €22.08.2022
Eesti TöötukassaKoolitus VTA210 €22.08.2022
Eesti TöötukassaNõustamine VTA491 €03.08.2022

The total also includes 2 tax reductions worth 46 € (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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