OÜ FRIENDSLAND
RegisteredKey figures
Ratios
2025Summary: OÜ FRIENDSLAND
What kind of company is it?
OÜ FRIENDSLAND (registry code 10566197) is a private limited company (OÜ). The company was entered in the Commercial Register in 1999 and has been registered for 27 years. Registered location: Alatskivi alevik, Peipsiääre vald, Tartu maakond. According to the latest annual report, the main activity is growing of cereals (except rice), pulses and oilseeds (EMTAK 01111). The company is registered for VAT (VAT number EE100580239).
How is the company doing financially?
Revenue in financial year 2025 was 2 522 350 €, down 33,8% on the previous year (3 812 007 €). From 2019 to 2025, revenue declined by an average of 1,8% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 2497 € (0,1% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 13 employees (18 a year earlier). Revenue per employee was 194 027 €. At the end of financial year 2025, total assets were 6 164 843 € and equity 3 522 750 € (57,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1 784 788 €, up 66,8% on the same quarter a year earlier. The company had 20 employees in that quarter. Labour taxes paid in the quarter: 49 224 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1610 € per month.
Who runs the company and who owns it?
The management board has 2 members. The supervisory board has 3 members. According to the register, the company has 3 owners. The largest stake (51,9%) is held by AS WOODWELL.
What should you look out for?
In the report for financial year 2025, 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 19.06.2026. 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 | 1 784 788 € | 20 | 49 224 € |
| Q2 2026 | 288 369 € | 14 | 49 641 € |
| Q1 2026 | 201 536 € | 18 | 49 642 € |
| Q4 2025 | 1 014 591 € | 14 | 85 240 € |
| Q3 2025 | 1 069 939 € | 20 | 55 830 € |
| Q2 2025 | 168 160 € | 16 | 47 825 € |
| Q1 2025 | 633 655 € | 16 | 59 067 € |
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 | 3 353 722 | 4 890 123 | 3 875 799 | 3 812 007 | 2 522 350 |
| Net profit | 453 322 | 821 367 | 78 646 | 9170 | 2497 |
| Retained earnings | 2 355 338 | 2 688 659 | 3 390 026 | 3 218 672 | 3 227 842 |
| Total assets | 6 003 619 | 6 519 126 | 6 665 704 | 6 196 333 | 6 164 843 |
| Total liabilities | 2 902 548 | 2 716 689 | 2 904 621 | 2 676 080 | 2 642 093 |
| Total equity | 3 101 071 | 3 802 437 | 3 761 083 | 3 520 253 | 3 522 750 |
| Employees | 18 | 18 | 18 | 18 | 13 |
| Average gross salary (monthly) | 1648 | 1840 | 1927 | 2089 | 2564 |
| Calculated dividend | 100 000 | 120 001 | 120 000 | 250 000 | 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 obligations1 note1 for information6 clear
Data from public registers, not a credit rating.
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State aid and grants
39 recordsState aid and de minimis aid in total 863 604 € (2017–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (861 917 €), SA Keskkonnainvesteeringute Keskus (1687 €).
Show all aid records (39)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| SA Keskkonnainvesteeringute Keskus | Metsa inventeerimine | 235 € | 11.02.2026 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Komisjoni teatise jaotis 2.1 "Piiratud summad" (p/m esmatootmine) | 5801 € | 23.10.2023 |
| SA Keskkonnainvesteeringute Keskus | Metsa inventeerimine | 70 € | 31.03.2022 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" (p/m esmatootmine) | 172 387 € | 21.01.2022 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 400 € | 08.10.2021 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" (p/m esmatootmine) | 34 721 € | 02.06.2021 |
| SA Keskkonnainvesteeringute Keskus | Metsa inventeerimine | 457 € | 03.04.2019 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 197 € | 31.10.2018 |
| SA Keskkonnainvesteeringute Keskus | Metsa inventeerimine | 117 € | 04.04.2018 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 211 € | 27.03.2017 |
The total also includes 29 tax reductions worth 649 008 € (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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