osaühing VEVASI

Registered
10608702Private limited company (OÜ)Founded 1999

Key figures

405 276 €+17,9%
Revenue 2025
+5,0%
Average annual growth 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: osaühing VEVASI

What kind of company is it?

Osaühing VEVASI (registry code 10608702) is a private limited company (OÜ). The company was entered in the Commercial Register in 1999 and has been registered for 26 years. Registered location: Mäelooga küla, Elva vald, Tartu maakond. According to the latest annual report, the main activity is renting and operating of own or leased real estate (EMTAK 68201). The company is registered for VAT (VAT number EE101569673).

How is the company doing financially?

Revenue in financial year 2025 was 405 276 €, up 17,9% on the previous year (343 831 €). From 2019 to 2025, revenue grew by an average of 5,0% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 679 564 € (168% of revenue). The company was profitable in all 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 1 781 150 € and equity 1 293 465 € (72,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 420 €, down 59,6% on the same quarter a year earlier.

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 25.06.2026. 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 2026420 €—0 €
Q2 202632 751 €—0 €
Q1 202610 641 €—0 €
Q4 2025406 €—0 €
Q3 20251040 €—2682 €
Q2 20250 €—527 €
Q1 20250 €—0 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 520 209 € (46% of distributable profit).

History
2025520 209 €
2024393 033 €
2023295 022 €
2022306 833 €
2021237 439 €
2020189 540 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue388 091348 759371 099343 831405 276
Net profit405 121384 815364 015547 580679 564
Retained earnings424 655522 943612 736583 718611 089
Total assets1 080 0591 283 2261 250 9311 419 3091 781 150
Total liabilities247 471372 656271 368285 199487 685
Total equity832 588910 570979 5631 134 1101 293 465
Employees22000
Calculated dividend237 439306 833295 022393 033520 209

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
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

100%osaühing VEVASI6Vambola Sipelgas
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 24 006 € (2020). Largest grantors: Elering AS (23 706 €), Tarbijakaitse ja Tehnilise Järelevalve Amet (300 €).

Show all aid records (2)
202024 006 €
GrantorPurposeAmountDate
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)23 706 €19.12.2020
Tarbijakaitse ja Tehnilise Järelevalve AmetMuu300 €16.11.2020

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

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies