SIMEAG PROJEKTID OSAÜHING

Registered
11185451Private limited company (OÜ)Founded 2005
Tax debt 17 452 € as of 10.11.2026 (incl. 17 452 € in a payment schedule).Source: Tax and Customs Board

Key figures

629 326 €−6,4%
Revenue 2025
+19,5%
Average annual growth 2019–2025
0200 k400 k600 k800 k2019202020212022202320242025

Ratios

2025

Summary: SIMEAG PROJEKTID OSAÜHING

What kind of company is it?

SIMEAG PROJEKTID OSAÜHING (registry code 11185451) 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: Pärnu linn, Pärnu maakond. According to the latest annual report, the main activity is restaurant and café activities (EMTAK 56111). The company is registered for VAT (VAT number EE101008079).

How is the company doing financially?

Revenue in financial year 2025 was 629 326 €, down 6,4% on the previous year (672 331 €). From 2019 to 2025, revenue grew by an average of 19,5% per year. Net profit for financial year 2025 was 102 140 € (16,2% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 9 employees. Revenue per employee was 69 925 €. At the end of financial year 2025, total assets were 625 096 € and equity 591 059 € (94,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 241 646 €, down 15,5% on the same quarter a year earlier. The company had 10 employees in that quarter. Labour taxes paid in the quarter: 14 418 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1030 € 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 (50%) is held by 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 30.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026241 646 €1014 418 €
Q2 2026120 967 €1017 803 €
Q1 202698 054 €99493 €
Q4 2025121 371 €815 053 €
Q3 2025285 886 €820 308 €
Q2 2025121 561 €1716 605 €
Q1 2025103 722 €912 316 €

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
20212022202320242025
Sales revenue543 792620 721684 881672 331629 326
Net profit50 28054 45325 46452 652102 140
Retained earnings303 501353 781408 234433 698486 350
Total assets446 145479 602485 376517 572625 096
Total liabilities89 79568 79949 10928 65334 037
Total equity356 350410 803436 267488 919591 059
Employees12121099
Average gross salary (monthly)8311127110811361259
Calculated dividend00000

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 issue1 note1 for information4 clear
Register status
Registered
Business Register
Tax debt
17 452 €
as of 10.11.2026 (incl. 17 452 € in a payment schedule)
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
Filed late: 2023
Business Register · 2023–2025
Commercial pledges
19 173 €
A pledge over the company's movable assets, usually securing a loan.
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
50%50%SIMEAG PROJEKTID OSAÜ…Raimond MeltsLy Melts
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 100 € (2020–2021). Largest grantors: Riigi Tugiteenuste Keskus (100 €).

Show all aid records (2)
202160 €
202040 €
GrantorPurposeAmountDate
Riigi Tugiteenuste KeskusMuu60 €03.02.2021
Riigi Tugiteenuste KeskusMuu40 €06.03.2020

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

Loading list of reports…

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

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