Osaühing Armat ServiceRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 32 821 € | 2 | 989 € |
| Q2 2026 | 189 320 € | 2 | 989 € |
| Q1 2026 | 630 € | 2 | 967 € |
| Q4 2025 | 40 952 € | 2 | 972 € |
| Q3 2025 | 48 581 € | 2 | 972 € |
| Q2 2025 | 70 387 € | 2 | 972 € |
| Q1 2025 | 8735 € | 2 | 916 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 709 635 | 679 165 | 683 467 | 649 822 | 629 373 | 636 404 | 638 246 |
| Total non-current assets | 284 939 | 262 174 | 236 014 | 221 756 | 197 711 | 179 183 | 161 435 |
| Total assets | 994 574 | 941 339 | 919 481 | 871 578 | 827 084 | 815 587 | 799 681 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 33 245 | 7411 | 13 981 | 3387 | 20 763 | 6235 | 12 732 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 33 245 | 7411 | 13 981 | 3387 | 20 763 | 6235 | 12 732 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 950 630 | 958 517 | 931 116 | 902 688 | 865 379 | 803 509 | 806 540 |
| Profit for the year | 7887 | −27 401 | −28 428 | −37 309 | −61 870 | 3031 | −22 403 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 961 329 | 933 928 | 905 500 | 868 191 | 806 321 | 809 352 | 786 949 |
| Income statement | |||||||
| Sales revenue | 221 316 | 62 416 | 164 751 | 52 675 | 70 192 | 436 992 | 116 013 |
| Operating profit | 7874 | −27 414 | −28 439 | −37 318 | −63 058 | 2186 | −22 716 |
| EBITDA | 33 254 | −2034 | −2279 | −11 158 | −39 014 | 20 714 | −4968 |
| Profit before income tax | 7887 | −27 401 | −28 428 | −37 309 | −61 870 | 3031 | −22 403 |
| Profit for the reporting year | 7887 | −27 401 | −28 428 | −37 309 | −61 870 | 3031 | −22 403 |
| Labour costs | 26 330 | 18 428 | 19 727 | 10 112 | 11 641 | 9622 | 13 188 |
| Depreciation of non-current assets | 25 380 | 25 380 | 26 160 | 26 160 | 24 044 | 18 528 | 17 748 |
| Other indicators | |||||||
| Employees | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 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 note4 clear
Data from public registers, not a credit rating.
Connections graph
Public procurement
1 contractsPublic contracts won worth 381 400 € from 1 contracting authorities (17.11.2023–17.11.2023).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Luhamaa liinikraanisõlme sulgeseadmete ost II | Elering AS | 381 400 € | 17.11.2023 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Osaühing Armat Service
Overview
Osaühing Armat Service (registry code 11118408) 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: Maardu linn, Harju maakond. According to the latest annual report, the main activity is rauakaupade, veevarustus- ja kütteseadmete ning nende koosteosade hulgimüük (EMTAK 4684). The company is registered for VAT (VAT number EE100966248).
Financial results
Revenue in financial year 2025 was 116 013 €, down 73,5% on the previous year (436 992 €). From 2019 to 2025, revenue declined by an average of 10,2% per year. Financial year 2025 ended with a loss of 22 403 €. The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 116 013 €. At the end of financial year 2025, total assets were 799 681 € and equity 786 949 € (98,4% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 32 821 €, down 32,4% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 989 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 490 € per month.
Management and owners
The management board has 2 members. The sole owner of the company is a private individual.
Data sources and freshness
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 10.07.2026. 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.