INVEL OÜ
RegisteredKey figures
Ratios
2025Summary: INVEL OÜ
What kind of company is it?
INVEL OÜ (registry code 11044977) 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: Põlva linn, Põlva vald, Põlva maakond. According to the latest annual report, the main activity is renting and operating of own or leased real estate (EMTAK 68201). The company is registered for VAT (VAT number EE100950571).
How is the company doing financially?
Revenue in financial year 2025 was 78 588 €, down 31,0% on the previous year (113 967 €). From 2019 to 2025, revenue declined by an average of 2,1% per year. Net profit for financial year 2025 was 26 335 € (33,5% of revenue). The company was profitable in 5 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 203 648 € and equity 193 148 € (94,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 3609 €, down 57,7% on the same quarter a year earlier.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 21.04.2026. 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 | 3609 € | — | 0 € |
| Q2 2026 | 4648 € | — | 0 € |
| Q1 2026 | 4839 € | — | 0 € |
| Q4 2025 | 3433 € | — | 0 € |
| Q3 2025 | 8536 € | — | 0 € |
| Q2 2025 | 3501 € | — | 0 € |
| Q1 2025 | 4570 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 9939 € (6% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 86 922 | 94 043 | 95 960 | 113 967 | 78 588 |
| Net profit | 12 885 | 27 500 | −37 439 | 38 352 | 26 335 |
| Retained earnings | 122 702 | 150 202 | 135 587 | 135 587 | 164 000 |
| Total assets | 230 701 | 213 015 | 133 461 | 176 752 | 203 648 |
| Total liabilities | 90 000 | 32 500 | 32 500 | 0 | 10 500 |
| Total equity | 140 701 | 180 515 | 100 961 | 176 752 | 193 148 |
| Employees | 1 | 1 | 0 | 0 | 0 |
| Average gross salary (monthly) | — | 497 | — | — | — |
| Calculated dividend | 0 | 0 | 42 115 | 0 | 9939 |
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
Data from public registers, not a credit rating.
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State aid and grants
11 recordsState aid and de minimis aid in total 143 349 € (2019–2020). Largest grantors: Elering AS (143 349 €).
Show all aid records (11)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 40 € | 31.12.2020 |
| Elering AS | Tegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43) | 34 500 € | 23.11.2020 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 121 € | 31.10.2020 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 264 € | 30.09.2020 |
| Elering AS | Tegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43) | 34 500 € | 01.09.2020 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 336 € | 31.08.2020 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 334 € | 31.07.2020 |
| Elering AS | Tegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43) | 34 500 € | 25.07.2020 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 603 € | 30.06.2020 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 1052 € | 30.04.2020 |
| Elering AS | Muu | 37 100 € | 18.12.2019 |
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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