Osaühing NovaElement
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2025Summary: Osaühing NovaElement
What kind of company is it?
Osaühing NovaElement (registry code 11052945) 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: Karula küla, Saarepeedi vald, Viljandi maakond. According to the latest annual report, the main activity is manufacture of other fabricated metal products n.e.c. (EMTAK 25991). The company is registered for VAT (VAT number EE100925289).
How is the company doing financially?
Revenue in financial year 2025 was 76 531 €, down 0,6% on the previous year (77 001 €). From 2019 to 2025, revenue declined by an average of 2,0% per year. Financial year 2025 ended with a loss of 352 €. The company was profitable in 1 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 38 266 €. At the end of financial year 2025, total assets were 42 549 € and equity 2640 € (6,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 24 869 €, down 13,0% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 2395 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 660 € 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 30.06.2026. 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 | 24 869 € | 3 | 2395 € |
| Q2 2026 | 41 795 € | 3 | 2339 € |
| Q1 2026 | 10 693 € | 3 | 2163 € |
| Q4 2025 | 34 297 € | 3 | 2202 € |
| Q3 2025 | 28 594 € | 3 | 2202 € |
| Q2 2025 | 17 590 € | 3 | 2202 € |
| Q1 2025 | 14 412 € | 3 | 2046 € |
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 | 73 026 | 74 172 | 69 790 | 77 001 | 76 531 |
| Net profit | −24 637 | −9039 | −333 | 369 | −352 |
| Retained earnings | 33 820 | 9183 | 144 | −189 | 180 |
| Total assets | 24 132 | 29 057 | 32 020 | 40 275 | 42 549 |
| Total liabilities | 12 137 | 26 101 | 29 397 | 37 283 | 39 909 |
| Total equity | 11 995 | 2956 | 2623 | 2992 | 2640 |
| Employees | 3 | 3 | 2 | 2 | 2 |
| Average gross salary (monthly) | 692 | 560 | 719 | 826 | 885 |
| Calculated dividend | 0 | 0 | 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 obligations1 note6 clear
Data from public registers, not a credit rating.
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State aid and grants
1 recordState aid and de minimis aid in total 18 € (2022). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (18 €).
Show all aid records (1)
The total also includes 1 tax reductions worth 18 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.
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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