OÜ REF Ehitustööd

Registered
10950866Private limited company (OÜ)Founded 2003

Key figures

311 529 €−1,4%
Revenue 2025
−5,0%
Average annual change 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025

Summary: OÜ REF Ehitustööd

What kind of company is it?

OÜ REF Ehitustööd (registry code 10950866) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE100831755).

How is the company doing financially?

Revenue in financial year 2025 was 311 529 €, down 1,4% on the previous year (315 813 €). From 2019 to 2025, revenue declined by an average of 5,0% per year. Net profit for financial year 2025 was 5165 € (1,7% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 7 employees (6 a year earlier). Revenue per employee was 44 504 €. At the end of financial year 2025, total assets were 311 665 € and equity 207 425 € (66,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 78 710 €, down 30,4% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 14 884 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1420 € per month.

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 18.08.2026. 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 202678 710 €714 884 €
Q2 202679 909 €713 919 €
Q1 202647 392 €714 616 €
Q4 2025105 670 €716 702 €
Q3 2025113 069 €716 373 €
Q2 202542 179 €712 615 €
Q1 202553 775 €612 205 €

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 revenue176 730362 165260 577315 813311 529
Net profit−7961119725685825165
Retained earnings57 05549 09450 291198 726199 308
Total assets321 577403 348302 958320 986311 665
Total liabilities269 531350 105247 147118 726104 240
Total equity52 04653 24355 811202 260207 425
Employees88867
Average gross salary (monthly)785928109114721389
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 obligations1 note5 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
Filed late: 2023, 2024, 2025
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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100%OÜ REF Ehitustööd3Rein Velja
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State aid and grants

1 record

State aid and de minimis aid in total 2028 € (2021). Largest grantors: Eesti Töötukassa (2028 €).

Show all aid records (1)
20212028 €
GrantorPurposeAmountDate
Eesti TöötukassaKoolitus VTA2028 €12.05.2021

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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