osaühing Ares
RegisteredKey figures
Ratios
2025Summary: osaühing Ares
What kind of company is it?
Osaühing Ares (registry code 10883644) is a private limited company (OÜ). The company was entered in the Commercial Register in 2002 and has been registered for 24 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is manufacture of other structural metal products and parts (EMTAK 25119). The company is registered for VAT (VAT number EE100804122).
How is the company doing financially?
Revenue in financial year 2025 was 710 611 €, down 8,8% on the previous year (779 210 €). From 2019 to 2025, revenue declined by an average of 14,2% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 14 566 € (2,0% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 6 employees (4 a year earlier). Revenue per employee was 118 435 €. At the end of financial year 2025, total assets were 787 686 € and equity 398 149 € (50,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 158 640 €, up 21,4% on the same quarter a year earlier. The company had 9 employees in that quarter. Labour taxes paid in the quarter: 21 130 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1550 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 30.09.2026. 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 (894500WOYIHRXCCBJL64) 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 | 158 640 € | 9 | 21 130 € |
| Q2 2026 | 164 499 € | 9 | 17 177 € |
| Q1 2026 | 82 355 € | 9 | 19 235 € |
| Q4 2025 | 192 762 € | 10 | 16 269 € |
| Q3 2025 | 130 682 € | 6 | 19 012 € |
| Q2 2025 | 124 460 € | 7 | 13 963 € |
| Q1 2025 | 100 726 € | 7 | 11 842 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 1 377 848 | 1 556 418 | 730 975 | 779 210 | 710 611 |
| Net profit | 13 660 | 39 639 | 32 530 | 20 457 | 14 566 |
| Retained earnings | 274 485 | 288 145 | 327 784 | 360 314 | 380 771 |
| Total assets | 651 673 | 695 311 | 606 960 | 719 930 | 787 686 |
| Total liabilities | 360 716 | 364 715 | 243 834 | 336 347 | 389 537 |
| Total equity | 290 957 | 330 596 | 363 126 | 383 583 | 398 149 |
| Employees | 6 | 10 | 6 | 4 | 6 |
| Average gross salary (monthly) | 1128 | 1237 | 1457 | 1280 | 1610 |
| Calculated dividend | 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 obligations1 note5 clear
Data from public registers, not a credit rating.
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State aid and grants
1 recordState aid and de minimis aid in total 100 000 € (2020). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (100 000 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Komisjoni teatise jaotis 3.3 "Laenude subsideeritud intressimäärana antav abi" · Soft loan | 100 000 € | 14.05.2020 |
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 ↗
Change history
1 change- 12.10.2026*Annual report 2025 filed
Entered in the register on 25.10.2002.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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