OÜ Portage Veod

Registered

11186870Private limited company (OÜ)Founded 2005

Key figures

1 753 412 €+15,3%

Revenue 2025

−1,6%

Average annual change 2019–2025

Ratios

2025

5,1%

Profit margin

20,5%

EBITDA margin

44,1%

Equity ratio

0,5×

Current ratio

8,1%

Return on equity

1186 €

Average gross salary

Summary: OÜ Portage Veod

What kind of company is it?

OÜ Portage Veod (registry code 11186870) is a private limited company (OÜ). The company was entered in the Commercial Register in 2005 and has been registered for 20 years. Registered location: Jõõpre küla, Pärnu linn, Pärnu maakond. According to the latest annual report, the main activity is freight transport by road (EMTAK 49411). The company is registered for VAT (VAT number EE101340986).

How is the company doing financially?

Revenue in financial year 2025 was 1 753 412 €, up 15,3% on the previous year (1 521 054 €). From 2019 to 2025, revenue declined by an average of 1,6% per year. Net profit for financial year 2025 was 90 090 € (5,1% 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 876 706 €. At the end of financial year 2025, total assets were 2 506 642 € and equity 1 106 573 € (44,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 826 568 €, up 19,8% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 3431 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1190 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (51,6%) 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 11.06.2026. 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	826 568 €	2	3431 €
Q2 2026	344 751 €	2	4074 €
Q1 2026	257 096 €	2	4180 €
Q4 2025	415 746 €	2	4104 €
Q3 2025	690 004 €	2	4192 €
Q2 2025	421 133 €	2	4104 €
Q1 2025	346 648 €	2	4109 €

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	1 400 221	1 767 192	1 503 253	1 521 054	1 753 412
Net profit	−199 889	158 734	36 676	33 982	90 090
Retained earnings	983 852	783 963	942 697	979 373	1 013 355
Total assets	1 877 796	1 871 462	1 726 304	2 316 699	2 506 642
Total liabilities	1 090 705	925 637	743 803	1 300 216	1 400 069
Total equity	787 091	945 825	982 501	1 016 483	1 106 573
Employees	2	2	2	2	2
Average gross salary (monthly)	1324	1324	1350	1353	1371
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

Auditor's opinion

Unqualified

Business Register · 2022 annual report

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 15 113 € (2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (15 000 €), SA Keskkonnainvesteeringute Keskus (113 €).

Show all aid records (2)

202515 113 €

Grantor	Purpose	Amount	Date
Ettevõtluse ja Innovatsiooni Sihtasutus	Muu	15 000 €	07.10.2025
SA Keskkonnainvesteeringute Keskus	Metsa uuendamine	113 €	08.04.2025

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

Largest in the same sector — Transport and storage

Same activity — Freight transport by road