Polarmasters Osaühing

Registered
11160043Private limited company (OÜ)Founded 2005
Annual report for 2025 not filed.

Key figures

317 744 €−28,9%
Revenue 2024/25
−15,3%
Average annual change 2019/20–2024/25
0200 k400 k600 k800 k2019/202020/212021/222022/232023/242024/25

Ratios

2024/25

Summary: Polarmasters Osaühing

What kind of company is it?

Polarmasters Osaühing (registry code 11160043) 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: Paide linn, Järva maakond. According to the latest annual report, the main activity is event catering (EMTAK 56211).

How is the company doing financially?

Revenue in financial year 2024/25 was 317 744 €, down 28,9% on the previous year (446 888 €). From 2019/20 to 2024/25, revenue declined by an average of 15,3% per year. Net profit for financial year 2024/25 was 47 955 € (15,1% of revenue). The company was profitable in 4 of the 6 published financial years. In financial year 2024/25 the company had 10 employees. Revenue per employee was 31 774 €. At the end of financial year 2024/25, total assets were 491 338 € and equity 489 385 € (99,6% of assets). Based on labour costs in the report, the estimated average gross salary was about 570 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 2 owners. The largest stake (95%) is held by 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 2024/25) was filed on 03.03.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2025. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2025——0 €
Q2 2025——237 €
Q1 2025——235 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2024/25

No dividends were distributed.

History
2024/250 €
2023/24252 759 €
2022/230 €
2021/220 €
2020/21118 279 €
Summary of financial statements2020–2024
2020/212021/222022/232023/242024/25
Sales revenue10 261232 731628 005446 888317 744
Net profit−89 076−29 083195 40560 00147 955
Retained earnings554 130465 054435 971378 617438 618
Total assets469 134462 406636 730443 376491 338
Total liabilities126823 623254219461953
Total equity467 866438 783634 188441 430489 385
Employees210101010
Average gross salary (monthly)7615761078762568
Calculated dividend118 27900252 7590

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 issue6 clear
Register status
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
2/3 filed
Not filed: 2025
Filed late: 2023, 2024
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.

Connections graph

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95%5%Polarmasters OsaühingErika Ulla Annika Sal…2Per-Erik Albert Ehrns…Hannu Markku Aarre Sa…
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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