Osaühing VASAREL SERVICE
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Osaühing VASAREL SERVICE
What kind of company is it?
Osaühing VASAREL SERVICE (registry code 11090213) is a private limited company (OÜ). The company was entered in the Commercial Register in 2005 and has been registered for 21 years. Registered location: Narva linn, Ida-Viru maakond. According to the latest annual report, the main activity is accounting and tax consultancy (EMTAK 69202).
How is the company doing financially?
Revenue in financial year 2025 was 34 316 €, up 104% on the previous year (16 824 €). From 2019 to 2025, revenue grew by an average of 11,5% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 4381 € (12,8% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 34 316 €. At the end of financial year 2025, total assets were 44 221 € and equity 43 752 € (98,9% of assets). Based on labour costs in the report, the estimated average gross salary was about 600 € 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 13.06.2026. 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 | — | — | 1000 € |
| Q4 2025 | — | — | 1678 € |
| Q3 2025 | — | 1 | 1678 € |
| Q2 2025 | — | 1 | — |
| Q1 2025 | — | 1 | — |
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 statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 28 275 | 33 148 | 26 164 | 16 824 | 34 316 |
| Net profit | 12 926 | 13 031 | 2172 | −1606 | 4381 |
| Retained earnings | 10 992 | 23 918 | 36 949 | 38 421 | 36 815 |
| Total assets | 40 624 | 45 662 | 42 394 | 39 609 | 44 221 |
| Total liabilities | 14 150 | 6157 | 717 | 238 | 469 |
| Total equity | 26 474 | 39 505 | 41 677 | 39 371 | 43 752 |
| Employees | 1 | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 675 | 601 | 600 | — | 600 |
| Calculated dividend | 642 | 0 | 0 | 700 | 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 obligationsAll 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 3600 € (2025). Largest grantors: Eesti Töötukassa (3600 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 3600 € | 29.05.2025 |
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 ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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