RIIVAS OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 58 681 € | 3 | 5786 € |
| Q2 2026 | 77 190 € | 3 | 4644 € |
| Q1 2026 | 154 377 € | 3 | 4510 € |
| Q4 2025 | 211 884 € | 3 | 4101 € |
| Q3 2025 | 484 503 € | 2 | 5067 € |
| Q2 2025 | 173 932 € | 2 | 4640 € |
| Q1 2025 | 236 427 € | 2 | 5004 € |
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 | 456 522 | 390 223 | 391 103 | 356 920 | 833 198 | 869 787 | 679 628 |
| Total non-current assets | 22 913 | 22 797 | 22 680 | 59 814 | 100 230 | 79 882 | 63 616 |
| Total assets | 479 435 | 413 020 | 413 783 | 416 734 | 933 428 | 949 669 | 743 244 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 7117 | 4577 | 21 681 | 43 897 | 65 403 | 78 596 | 46 665 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 29 384 | 15 794 |
| Total liabilities | 7117 | 4577 | 21 681 | 43 897 | 65 403 | 107 980 | 62 459 |
| Share capital | 13 | 13 | 13 | 13 | 6 | 6 | 6 |
| Retained earnings of previous periods | 463 811 | 472 094 | 408 219 | 391 878 | 372 613 | 868 019 | 841 683 |
| Profit for the year | 8283 | −63 875 | −16 341 | −19 265 | 495 188 | −26 336 | −160 904 |
| Reserves and other equity | 211 | 211 | 211 | 211 | 218 | — | — |
| Total equity | 472 318 | 408 443 | 392 102 | 372 837 | 868 025 | 841 689 | 680 785 |
| Income statement | |||||||
| Sales revenue | 372 627 | 182 628 | 252 143 | 797 182 | 1 083 960 | 450 182 | 1 012 980 |
| Operating profit | 8426 | −63 116 | −16 287 | −22 050 | 493 796 | −37 700 | −173 240 |
| EBITDA | 13 557 | −63 000 | −16 170 | −19 267 | 508 290 | −18 657 | −154 195 |
| Profit before income tax | 8283 | −63 875 | −16 341 | −19 265 | 495 188 | −26 336 | −160 904 |
| Profit for the reporting year | 8283 | −63 875 | −16 341 | −19 265 | 495 188 | −26 336 | −160 904 |
| Labour costs | 28 601 | 23 034 | 33 272 | 40 083 | 47 927 | 43 182 | 49 183 |
| Depreciation of non-current assets | 5131 | 116 | 117 | 2783 | 14 494 | 19 043 | 19 045 |
| Other indicators | |||||||
| Employees | 3 | 3 | 3 | 3 | 3 | 2 | 2 |
| 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.
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Public procurement
13 contractsPublic contracts won worth 1 465 700 € from 5 contracting authorities (08.01.2024–04.09.2026).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Sillamäe välisõhu kvaliteedi statsionaarse seirejaama põhiprojekti koostamine ja tööde teostamine | Enefit Industry OÜ | 44 500 € | 04.09.2026 |
| Auvere elektrijaama korstna ülevaatus- ja remonditööd | Enefit Power OÜ | 17 000 € | 09.06.2026 |
| Piirdeaia ehitamine (II etapp) | Enefit Industry AS | 65 000 € | 17.10.2025 |
| Balti elektrijaama territooriumil asuva raudbetoonkorstna nr 5 metallvõrgust kaitsekatte paigaldamine | Enefit Power OÜ | 63 000 € | 15.10.2025 |
| Estonia kaevanduse rikastusvabriku tehnoloogilise liini lintkonveierite kaldegaleriide kandeelementide raudbetoon- ja metallkonstruktsioonide remonditeenuse ostmine. | Enefit Industry AS | 147 000 € | 12.05.2025 |
| Vaivara külaplatsi ehitamine | Narva-Jõesuu Linnavalitsus | 35 000 € | 05.05.2025 |
| Enefit Power AS terminali piirdeaia ehitamine (I etapp) | Enefit Power AS | 95 000 € | 10.04.2025 |
| Rakvere ETS posti rekonstrueerimise projekteerimis- ja ehitustööd · joint bid | aktsiaselts Eesti Raudtee | 347 000 € | 27.09.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: RIIVAS OÜ
Overview
RIIVAS OÜ (registry code 10661866) is a private limited company (OÜ). The company was entered in the Commercial Register in 2000 and has been registered for 26 years. Registered location: Narva linn, Ida-Viru maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE100637247).
Financial results
Revenue in financial year 2025 was 1 012 980 €, up 125% on the previous year (450 182 €). From 2019 to 2025, revenue grew by an average of 18,1% per year. Financial year 2025 ended with a loss of 160 904 €. The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 506 490 €. At the end of financial year 2025, total assets were 743 244 € and equity 680 785 € (91,6% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 58 681 €, down 87,9% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 5786 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1310 € per month.
Management and owners
The company has one management board member. The sole owner of the company is 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 21.05.2026. 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.