Ustel Trans osaühing
RegisteredKey figures
Ratios
2024Summary: Ustel Trans osaühing
What kind of company is it?
Ustel Trans osaühing (registry code 11000538) is a private limited company (OÜ). The company was entered in the Commercial Register in 2004 and has been registered for 22 years. Registered location: Kärdu küla, Saaremaa vald, Saare maakond. According to the latest annual report, the main activity is freight transport by road (EMTAK 49411). The company is registered for VAT (VAT number EE100899344).
How is the company doing financially?
Revenue in financial year 2024 was 32 031 €, up 701% on the previous year (4000 €). From 2019 to 2024, revenue grew by an average of 2,6% per year. This is the company's highest revenue among the published years (2019–2024). Financial year 2024 ended with a loss of 1286 €. The company was profitable in 3 of the 6 published financial years. In financial year 2024 the company had 1 employees (0 a year earlier). Revenue per employee was 32 031 €. At the end of financial year 2024, total assets were 38 834 € and equity 11 670 € (30,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 28 149 €, down 31,2% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 3145 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 810 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 3 owners. The largest stake (75%) is held by Velcora Transport OÜ.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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. Latest register change: 30.10.2026. Financial figures come from annual reports; the latest report (financial year 2024) was filed on 21.07.2025. 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 | 28 149 € | 3 | 3145 € |
| Q2 2026 | 75 421 € | 4 | 1678 € |
| Q1 2026 | 51 185 € | 5 | 2630 € |
| Q4 2025 | 81 393 € | 2 | 3479 € |
| Q3 2025 | 40 902 € | 3 | 3219 € |
| Q2 2025 | 42 491 € | 3 | 1194 € |
| Q1 2025 | 21 899 € | 3 | 467 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 22 708 | 28 060 | 12 120 | 4000 | 32 031 |
| Net profit | 3144 | 4209 | −8441 | 1307 | −1286 |
| Retained earnings | — | 3144 | 4209 | 0 | 0 |
| Total assets | 46 395 | 48 676 | 40 371 | 2556 | 38 834 |
| Total liabilities | 6730 | 4801 | 4936 | 0 | 27 164 |
| Total equity | 39 665 | 43 875 | 35 435 | 2556 | 11 670 |
| Employees | 1 | 1 | 1 | 0 | 1 |
| Average gross salary (monthly) | 458 | 550 | 546 | — | — |
| Calculated dividend | — | — | 0 | 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.
Risks and obligations2 issues5 clear
Data from public registers, not a credit rating.
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State aid and grants
2 recordsState aid and de minimis aid in total 4387 € (2025). Largest grantors: Eesti Töötukassa (4387 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 1896 € | 04.09.2025 |
| Eesti Töötukassa | Palgatoetus VTA | 2491 € | 16.04.2025 |
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 ↗
Change history
5 changes- 09.11.2026*Added: Shareholder Velcora Transport OÜ
- 09.11.2026*Added: Management board member Kristo Past
- 09.11.2026*Added: Management board member Henri Kasemets
- 09.11.2026*Left: Management board member Liina Hansen
- 30.10.2026Registry entry changed · persons, contact details
Entered in the register on 08.04.2004.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).