Netaman Offshore Production OÜ

Registered
10974329Private limited company (OÜ)Founded 2003

Key figures

157 189 €+60,9%
Revenue 2025
−34,4%
Average annual change 2019–2025
0500 k1 m1,5 m2 m2019202020212022202320242025

Ratios

2025

Summary: Netaman Offshore Production OÜ

What kind of company is it?

Netaman Offshore Production OÜ (registry code 10974329) 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: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is machining of metal (EMTAK 25531). The company is registered for VAT (VAT number EE100880081).

How is the company doing financially?

Revenue in financial year 2025 was 157 189 €, up 60,9% on the previous year (97 702 €). From 2019 to 2025, revenue declined by an average of 34,4% per year. Net profit for financial year 2025 was 4127 € (2,6% of revenue). The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 8 employees (7 a year earlier). Revenue per employee was 19 649 €. At the end of financial year 2025, total assets were 432 316 € and equity 360 292 € (83,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 67 692 €, up 61,8% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 13 473 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1300 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is Progressum OÜ.

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 03.07.2026. 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 202667 692 €713 473 €
Q2 202653 807 €713 760 €
Q1 202662 442 €713 259 €
Q4 202550 571 €716 283 €
Q3 202541 840 €816 107 €
Q2 202533 904 €817 097 €
Q1 202526 850 €815 666 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
202450 000 €
20230 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue103 14463 443121 32197 702157 189
Net profit−31 668−35 58327 073−21 8874127
Retained earnings445 540413 872378 290355 363333 476
Total assets451 579420 903449 877430 337432 316
Total liabilities15 01819 92521 82574 17272 024
Total equity436 561400 978428 052356 165360 292
Employees66678
Average gross salary (monthly)8128078549701137
Calculated dividend00050 0000

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 note6 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: 2024, 2025
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%Netaman Offshore Prod…2Progressum OÜ9+Alexey Aleksandrov
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 13 434 € (2024). Largest grantors: Eesti Töötukassa (13 434 €).

Show all aid records (2)
202413 434 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA8989 €30.09.2024
Eesti TöötukassaPalgatoetus VTA4445 €30.09.2024

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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