Vegetein AS
RegisteredKey figures
Ratios
2024Summary: Vegetein AS
What kind of company is it?
Vegetein AS (registry code 10743216) is a public limited company (AS). The company was entered in the Commercial Register in 2001 and has been registered for 25 years. Registered location: Painküla, Jõgeva vald, Jõgeva maakond. According to the latest annual report, the main activity is manufacture of other food products n.e.c. (EMTAK 10891). The company is registered for VAT (VAT number EE100851984).
How is the company doing financially?
Revenue in financial year 2024 was 95 408 €, up 63,2% on the previous year (58 455 €). From 2019 to 2024, revenue grew by an average of 77,7% per year. Financial year 2024 ended with a loss of 377 197 €. The company made a loss in all 6 published financial years. In financial year 2024 the company had 5 employees (10 a year earlier). Revenue per employee was 19 082 €. At the end of financial year 2024, total assets were 4 331 900 € and equity 1 323 550 € (30,6% of assets). Based on labour costs in the report, the estimated average gross salary was about 2590 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, the company declared no turnover in Q3 2026.
Who runs the company and who owns it?
The company has one management board member. The supervisory board has 4 members.
What should you look out for?
The annual report for financial year 2025 has not been filed on time. In the report for financial year 2024, 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 2024) was filed on 30.06.2025. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (485100A9R27YSX470C92) comes from the GLEIF database. 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 | 0 € | 6 | 0 € |
| Q2 2026 | 56 255 € | — | 2139 € |
| Q1 2026 | 20 601 € | 7 | 2819 € |
| Q4 2025 | 86 848 € | 7 | 11 108 € |
| Q3 2025 | 75 169 € | 6 | 8720 € |
| Q2 2025 | 83 165 € | 5 | 9127 € |
| Q1 2025 | 49 591 € | 5 | 43 943 € |
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 statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 16 577 | 75 583 | 114 900 | 58 455 | 95 408 |
| Net profit | −378 116 | −681 344 | −601 758 | −543 674 | −377 197 |
| Retained earnings | −889 058 | −1 267 173 | −1 948 517 | −2 582 960 | −3 126 634 |
| Total assets | 4 326 782 | 4 418 565 | 4 297 311 | 4 179 447 | 4 331 900 |
| Total liabilities | 766 575 | 1 539 701 | 2 020 205 | 2 478 700 | 3 008 350 |
| Total equity | 3 560 207 | 2 878 864 | 2 277 106 | 1 700 747 | 1 323 550 |
| Employees | 9 | 10 | 10 | 10 | 5 |
| Average gross salary (monthly) | 1932 | 1756 | 1590 | 1666 | 2585 |
| Calculated dividend | 0 | 0 | 0 | 32 685 | 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 issues1 note1 for information4 clear
Data from public registers, not a credit rating.
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State aid and grants
11 recordsState aid and de minimis aid in total 1 449 563 € (2017–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (754 874 €), Maaelu Edendamise SA (500 000 €), Põllumajanduse Registrite ja Informatsiooni Amet (194 212 €), Tallinna Tehnikaülikool (400 €).
Show all aid records (11)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 1039 € | 26.03.2026 |
| Maaelu Teadmuskeskus | Muu | 77 € | 02.12.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 13 524 € | 01.09.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringud | 487 885 € | 22.09.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus | 252 427 € | 22.09.2022 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Koolitus VTA | 16 € | 10.01.2022 |
| Tallinna Tehnikaülikool | Muu | 400 € | 26.10.2021 |
| Maaelu Edendamise SA | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" · Soft loan | 206 816 € | 30.06.2020 |
| Maaelu Edendamise SA | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" · Soft loan | 293 184 € | 30.06.2020 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 149 008 € | 18.12.2019 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Muu | 45 187 € | 23.01.2017 |
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.