Veemajanduse OÜ

Registered
10912357Private limited company (OÜ)Founded 2002

Key figures

37 608 €−14,7%
Revenue 2025
+51,4%
Average annual growth 2019–2025
020 k40 k60 k2019202020212022202320242025

Ratios

2025

Summary: Veemajanduse OÜ

What kind of company is it?

Veemajanduse OÜ (registry code 10912357) is a private limited company (OÜ). The company was entered in the Commercial Register in 2002 and has been registered for 23 years. Registered location: Tabivere alevik, Tartu vald, Tartu maakond. According to the latest annual report, the main activity is production of electricity from renewable sources (EMTAK 3512). The company is registered for VAT (VAT number EE100805354).

How is the company doing financially?

Revenue in financial year 2025 was 37 608 €, down 14,7% on the previous year (44 091 €). From 2019 to 2025, revenue grew by an average of 51,4% per year. Net profit for financial year 2025 was 1123 € (3,0% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 37 608 €. At the end of financial year 2025, total assets were 20 504 € and equity 20 504 € (100% of assets). Based on labour costs in the report, the estimated average gross salary was about 1000 € 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 sole owner of the company is 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 22.06.2026. 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20260 €——
Q2 20264419 €—1249 €
Q1 20268163 €11260 €
Q4 20256953 €11280 €
Q3 202510 846 €11280 €
Q2 202511 712 €11280 €
Q1 202511 401 €12120 €

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
20212022202320242025
Sales revenue15 11820 18722 65644 09137 608
Net profit10 1855939509761123
Retained earnings412114 30614 89915 84916 825
Total assets16 86217 45518 40519 38120 504
Total liabilities00000
Total equity16 86217 45518 40519 38120 504
Employees00121
Average gross salary (monthly)——53310001000
Calculated dividend00000

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
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%Veemajanduse OÜ5Rannar Raantse
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

3 records

State aid and de minimis aid in total 31 100 € (2020–2021). Largest grantors: Elering AS (31 100 €).

Show all aid records (3)
202110 300 €
202020 800 €
GrantorPurposeAmountDate
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)10 300 €31.01.2021
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)10 400 €30.12.2020
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)10 400 €10.12.2020

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 ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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