Osaühing GoodReason

Registered

11154446Private limited company (OÜ)Founded 2005

Key figures

154 385 €+12,5%

Revenue 2025

+29,4%

Average annual growth 2019–2025

Ratios

2025

12,8%

Profit margin

21,4%

EBITDA margin

82,4%

Equity ratio

3,4×

Current ratio

18,7%

Return on equity

1414 €

Average gross salary

Summary: Osaühing GoodReason

What kind of company is it?

Osaühing GoodReason (registry code 11154446) 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: Nõmme linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is installation, repair and maintenance of heating, ventilation and air-conditioning equipment (EMTAK 43221). The company is registered for VAT (VAT number EE101181857).

How is the company doing financially?

Revenue in financial year 2025 was 154 385 €, up 12,5% on the previous year (137 171 €). From 2019 to 2025, revenue grew by an average of 29,4% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 19 760 € (12,8% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 77 193 €. At the end of financial year 2025, total assets were 128 352 € and equity 105 798 € (82,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 27 843 €, down 54,6% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 4233 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1410 € 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 28.06.2026. 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	27 843 €	2	4233 €
Q2 2026	30 679 €	3	4047 €
Q1 2026	30 287 €	3	4296 €
Q4 2025	28 823 €	3	4585 €
Q3 2025	61 371 €	2	3235 €
Q2 2025	33 891 €	2	4010 €
Q1 2025	30 888 €	2	4280 €

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	57 323	88 427	128 136	137 171	154 385
Net profit	1912	21 463	46 729	12 615	19 760
Retained earnings	924	2419	23 882	70 611	83 226
Total assets	24 411	49 930	94 849	109 588	128 352
Total liabilities	18 763	23 236	21 426	23 550	22 554
Total equity	5648	26 694	73 423	86 038	105 798
Employees	1	1	2	2	2
Average gross salary (monthly)	611	890	872	1409	1389
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 obligationsAll clear

Registered

Business Register

Tax debt

None

Tax and Customs Board list of tax debtors

Enforcement and official notices

None

Official Announcements (Ametlikud Teadaanded)

Consumer disputes

None

Consumer Disputes Committee (TTJA)

Annual report filing

3/3 filed

All on time

Business Register · 2023–2025

Commercial pledges

None

Business Register

Share pledges and disposal bans

None

Business Register

Data from public registers, not a credit rating.

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State aid and grants

2 records

State aid and de minimis aid in total 4314 € (2023–2026). Largest grantors: SA Keskkonnainvesteeringute Keskus (4000 €), Eesti Töötukassa (314 €).

Show all aid records (2)

2026314 €

20234000 €

Grantor	Purpose	Amount	Date
Eesti Töötukassa	Palgatoetus VTA	314 €	14.01.2026
SA Keskkonnainvesteeringute Keskus	Muu	4000 €	30.10.2023

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.

Related companies

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Same activity — Installation, repair and maintenance of heating, ventilation and air-conditioning equipment

Same address