osaühing MV Turvas
RegisteredKey figures
Ratios
2025Summary: osaühing MV Turvas
What kind of company is it?
Osaühing MV Turvas (registry code 10930579) is a private limited company (OÜ). The company was entered in the Commercial Register in 2003 and has been registered for 23 years. Registered location: Kuressaare linn, Saaremaa vald, Saare maakond. According to the latest annual report, the main activity is extraction of peat (EMTAK 08921). The company is registered for VAT (VAT number EE100833546).
How is the company doing financially?
Revenue in financial year 2025 was 1 660 529 €, up 78,6% on the previous year (929 561 €). From 2019 to 2025, revenue grew by an average of 8,9% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 557 173 € (33,6% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 17 employees (16 a year earlier). Revenue per employee was 97 678 €. At the end of financial year 2025, total assets were 2 156 547 € and equity 1 965 976 € (91,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 465 211 €, up 346% on the same quarter a year earlier. The company had 18 employees in that quarter. Labour taxes paid in the quarter: 72 352 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2500 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is Van Egmond Vastgoed B.V..
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 15.05.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 465 211 € | 18 | 72 352 € |
| Q2 2026 | 542 582 € | 20 | 33 527 € |
| Q1 2026 | 316 474 € | 14 | 42 342 € |
| Q4 2025 | 625 219 € | 14 | 47 434 € |
| Q3 2025 | 104 278 € | 18 | 68 865 € |
| Q2 2025 | 629 623 € | 21 | 32 321 € |
| Q1 2025 | 381 221 € | 15 | 43 775 € |
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 | 1 328 818 | 1 559 436 | 1 429 859 | 929 561 | 1 660 529 |
| Net profit | 334 091 | 415 446 | 196 340 | 121 083 | 557 173 |
| Retained earnings | 1 139 031 | 1 273 122 | 1 088 569 | 1 284 908 | 1 405 991 |
| Total assets | 1 607 407 | 1 803 624 | 1 411 507 | 1 557 800 | 2 156 547 |
| Total liabilities | 131 473 | 112 244 | 123 786 | 148 997 | 190 571 |
| Total equity | 1 475 934 | 1 691 380 | 1 287 721 | 1 408 803 | 1 965 976 |
| Employees | 16 | 18 | 16 | 16 | 17 |
| Average gross salary (monthly) | 1170 | 1157 | 1405 | 1581 | 1700 |
| Calculated dividend | — | — | — | 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. † Figures for the marked years come from a report filed as PDF and may be incomplete.
Risks and obligationsAll clear1 for information
Data from public registers, not a credit rating.
Connections graph
State aid and grants
4 recordsState aid and de minimis aid in total 5488 € (2018–2026). Largest grantors: Eesti Töötukassa (5488 €).
Show all aid records (4)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 1499 € | 03.02.2026 |
| Eesti Töötukassa | Palgatoetus VTA | 2185 € | 02.06.2025 |
| Eesti Töötukassa | Palgatoetus VTA | 1109 € | 19.03.2025 |
| Eesti Töötukassa | Palgatoetus VTA | 694 € | 27.03.2018 |
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
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- Osaühing VKG Kaevandused96,4 m €
- Osaühing KEKKILÄ-BVB EESTI25,7 m €
- AS Nurme Turvas25,7 m €
- aktsiaselts Tootsi Turvas21,1 m €
- osaühing ASB Greenworld Eesti13,6 m €