Skovex OÜRegistered
Qualified audit opinion. 2021 report: Qualified.
Key figures
9 663 266 €−2,6%
Revenue 2025
+21,0%
Average annual growth 2019–2025
Ratios
202515,3%
Profit margin
16,7%
EBITDA margin
94,5%
Equity ratio
17×
Current ratio
19,0%
Return on equity
2969 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 3 989 822 € | 11 | 53 350 € |
| Q1 2026 | 3 392 446 € | 11 | 55 232 € |
| Q4 2025 | 3 422 205 € | 11 | 55 360 € |
| Q3 2025 | 2 913 972 € | 11 | 57 490 € |
| Q2 2025 | 4 709 101 € | 11 | 57 880 € |
| Q1 2025 | 3 864 513 € | 11 | 55 663 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
Distributed as dividends 200 000 € (3% of distributable profit).
History
2025200 000 €
20240 €
20230 €
20220 €
20210 €
20200 €
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 | 707 918 | 734 882 | 2 179 818 | 3 585 228 | 5 018 219 | 6 511 717 | 7 789 765 |
| Total non-current assets | 81 821 | 64 973 | 78 181 | 62 588 | 61 474 | 383 303 | 420 005 |
| Total assets | 789 739 | 799 855 | 2 257 999 | 3 647 816 | 5 079 693 | 6 895 020 | 8 209 770 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 259 087 | 359 465 | 467 765 | 657 157 | 463 395 | 372 872 | 447 492 |
| Non-current liabilities | 0 | — | 7592 | 33 089 | 0 | 35 566 | 0 |
| Total liabilities | 259 087 | 359 465 | 475 357 | 690 246 | 463 395 | 408 438 | 447 492 |
| Share capital | 2569 | 2569 | 2569 | 2569 | 2569 | 2569 | 2569 |
| Retained earnings of previous periods | 263 982 | 527 826 | 437 564 | 1 779 816 | 2 954 744 | 4 613 471 | 6 283 756 |
| Profit for the year | 263 844 | −90 262 | 1 342 252 | 1 174 928 | 1 658 728 | 1 870 285 | 1 475 696 |
| Reserves and other equity | 257 | 257 | 257 | 257 | 257 | 257 | 257 |
| Total equity | 530 652 | 440 390 | 1 782 642 | 2 957 570 | 4 616 298 | 6 486 582 | 7 762 278 |
| Income statement | |||||||
| Sales revenue | 3 079 150 | 2 571 026 | 3 733 053 | 7 063 803 | 9 630 048 | 9 920 043 | 9 663 266 |
| Operating profit | 265 643 | −86 896 | 1 348 718 | 1 181 876 | 1 660 720 | 1 862 108 | 1 525 967 |
| EBITDA | 288 044 | −65 058 | 1 371 380 | 1 204 188 | 1 678 451 | 1 893 734 | 1 612 259 |
| Profit before income tax | 263 844 | −90 262 | 1 342 252 | 1 174 928 | 1 658 728 | 1 870 285 | 1 532 106 |
| Profit for the reporting year | 263 844 | −90 262 | 1 342 252 | 1 174 928 | 1 658 728 | 1 870 285 | 1 475 696 |
| Labour costs | 96 377 | 127 735 | 141 196 | 244 613 | 326 769 | 446 994 | 526 590 |
| Depreciation of non-current assets | 22 401 | 21 838 | 22 662 | 22 312 | 17 731 | 31 626 | 86 292 |
| Other indicators | |||||||
| Employees | 4 | 5 | 5 | 7 | 7 | 11 | 11 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 200 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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