Osaühing VesmelRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 629 148 € | 11 | 35 008 € |
| Q2 2026 | 875 980 € | 12 | 43 650 € |
| Q1 2026 | 739 128 € | 11 | 24 420 € |
| Q4 2025 | 608 458 € | 11 | 34 498 € |
| Q3 2025 | 481 462 € | 11 | 39 723 € |
| Q2 2025 | 466 097 € | 11 | 43 549 € |
| Q1 2025 | 560 016 € | 11 | 32 681 € |
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.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 1 122 386 | 779 969 | 184 052 | 235 197 | 211 991 | 185 032 | 194 993 |
| Total non-current assets | 1 962 751 | 1 619 962 | 3 194 006 | 3 340 452 | 3 237 479 | 2 812 285 | 2 797 446 |
| Total assets | 3 085 137 | 2 399 931 | 3 378 058 | 3 575 649 | 3 449 470 | 2 997 317 | 2 992 439 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 370 147 | 319 660 | 532 971 | 605 947 | 834 666 | 624 997 | 647 795 |
| Non-current liabilities | 841 161 | 516 413 | 710 513 | 647 055 | 354 689 | 290 497 | 106 773 |
| Total liabilities | 1 211 308 | 836 073 | 1 243 484 | 1 253 002 | 1 189 355 | 915 494 | 754 568 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 1 714 133 | 1 871 018 | 1 561 046 | 1 778 651 | 2 319 834 | 2 257 304 | 2 079 010 |
| Profit for the year | 156 884 | −309 972 | 570 716 | 541 184 | −62 531 | −178 293 | 156 049 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 1 873 829 | 1 563 858 | 2 134 574 | 2 322 647 | 2 260 115 | 2 081 823 | 2 237 871 |
| Income statement | |||||||
| Sales revenue | 1 550 219 | 1 151 883 | 1 906 438 | 2 188 937 | 1 968 662 | 1 682 238 | 1 999 083 |
| Operating profit | 175 965 | −288 559 | 595 682 | 582 138 | −6781 | −140 274 | 182 263 |
| EBITDA | 295 930 | −161 186 | 748 083 | 741 329 | 170 903 | 30 502 | 341 977 |
| Profit before income tax | 156 884 | −309 972 | 570 716 | 541 184 | −62 531 | −178 293 | 156 049 |
| Profit for the reporting year | 156 884 | −309 972 | 570 716 | 541 184 | −62 531 | −178 293 | 156 049 |
| Labour costs | 300 334 | 285 972 | 423 684 | 390 490 | 349 633 | 326 118 | 340 873 |
| Depreciation of non-current assets | 119 965 | 127 373 | 152 401 | 159 191 | 177 684 | 170 776 | 159 714 |
| Other indicators | |||||||
| Employees | 14 | 15 | 16 | 15 | 14 | 11 | 11 |
| Calculated dividend | — | 0 | 0 | 353 111 | 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 obligations2 notes4 clear
Data from public registers, not a credit rating.
Connections graph
Summary: Osaühing Vesmel
Overview
Osaühing Vesmel (registry code 10740726) is a private limited company (OÜ). The company was entered in the Commercial Register in 2001 and has been registered for 25 years. Registered location: Pärnu linn, Pärnu maakond. According to the latest annual report, the main activity is timber harvesting (EMTAK 02201). The company is registered for VAT (VAT number EE100678141).
Financial results
Revenue in financial year 2025 was 1 999 083 €, up 18,8% on the previous year (1 682 238 €). From 2019 to 2025, revenue grew by an average of 4,3% per year. Net profit for financial year 2025 was 156 049 € (7,8% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 11 employees. Revenue per employee was 181 735 €. At the end of financial year 2025, total assets were 2 992 439 € and equity 2 237 871 € (74,8% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 629 148 €, up 30,7% on the same quarter a year earlier. The company had 11 employees in that quarter. Labour taxes paid in the quarter: 35 008 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2020 € 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 16.06.2026. 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.