AARE SERVICE OÜ
RegisteredKey figures
Ratios
2024Summary: AARE SERVICE OÜ
What kind of company is it?
AARE SERVICE OÜ (registry code 11117679) 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: Ruila küla, Saue vald, Harju maakond. According to the latest annual report, the main activity is construction of utility projects for electricity and telecommunications (EMTAK 42221). The company is registered for VAT (VAT number EE100958324).
How is the company doing financially?
Revenue in financial year 2024 was 554 290 €, up 18,5% on the previous year (467 840 €). From 2019 to 2024, revenue grew by an average of 4,9% per year. This is the company's highest revenue among the published years (2019–2024). Net profit for financial year 2024 was 40 119 € (7,2% of revenue). The company was profitable in 5 of the 6 published financial years. In financial year 2024 the company had 6 employees. Revenue per employee was 92 382 €. At the end of financial year 2024, total assets were 196 806 € and equity 116 263 € (59,1% of assets). Based on labour costs in the report, the estimated average gross salary was about 1900 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 39 328 €, down 64,2% on the same quarter a year earlier.
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.
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. Financial figures come from annual reports; the latest report (financial year 2024) was filed on 16.09.2025. 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 | 39 328 € | — | 0 € |
| Q2 2026 | 62 517 € | — | 7558 € |
| Q1 2026 | 74 775 € | — | 15 192 € |
| Q4 2025 | 72 490 € | 4 | 15 595 € |
| Q3 2025 | 109 964 € | 4 | 18 456 € |
| Q2 2025 | 126 842 € | 5 | 21 588 € |
| Q1 2025 | 116 713 € | 5 | 23 220 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 10 753 € (13% of distributable profit).
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 358 075 | 372 226 | 433 575 | 467 840 | 554 290 |
| Net profit | 29 417 | 12 440 | 35 776 | 12 344 | 40 119 |
| Retained earnings | 24 256 | 53 673 | 56 114 | 71 741 | 73 332 |
| Total assets | 133 060 | 159 044 | 155 952 | 165 608 | 196 806 |
| Total liabilities | 76 575 | 90 119 | 61 250 | 78 711 | 80 543 |
| Total equity | 56 485 | 68 925 | 94 702 | 86 897 | 116 263 |
| Employees | 5 | 5 | 5 | 6 | 6 |
| Average gross salary (monthly) | 1728 | 2073 | 1812 | 1877 | 1898 |
| Calculated dividend | 0 | 0 | 9999 | 20 149 | 10 753 |
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
1 recordState aid and de minimis aid in total 0 € (2020). Largest grantors: Tallinna Linnakantselei (0 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Tallinna Linnakantselei | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 0 € | 01.04.2020 |
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.