LAP Horizontal Drilling OÜRegistered

11200110Private limited company (OÜ)Founded 2005

Key figures

396 254 €−5,2%
Revenue 2025
−25,5%
Average annual change 2019–2025
01 m2 m3 m2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02 m4 m2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202638 333 €——
Q2 2026297 210 €—0 €
Q1 2026142 967 €—0 €
Q4 2025225 732 €—0 €
Q3 2025633 712 €—0 €
Q2 2025165 588 €—0 €
Q1 2025367 865 €—0 €

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

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
2024258 000 €
20230 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2019–2025
20192020 †2021 †2022202320242025
Balance sheet — assets
Total current assets2 182 9052 211 8403 042 5022 021 7542 409 1442 774 569144 034
Total non-current assets368 969483 353363 783920 779721 308477 6753 509 975
Total assets2 551 8742 695 1933 406 2852 942 5333 130 4523 252 2443 654 009
Balance sheet — liabilities and equity
Current liabilities367 428236 276811 81221 16046 11965 711152 310
Non-current liabilities191 04091 04082 10269 77258 80600
Total liabilities558 468327 316893 91490 932104 92565 711152 310
Share capital2556255625562556255625562556
Retained earnings of previous periods1 599 0781 990 5942 365 0642 509 5592 848 7892 764 7153 183 721
Profit for the year391 516374 471144 495339 230173 926419 006315 166
Reserves and other equity256256256256256256256
Total equity1 993 4062 367 8772 512 3712 851 6013 025 5273 186 5333 501 699
Income statement
Sales revenue2 321 060701 6521 172 900484 687613 018417 824396 254
Operating profit391 475374 290144 297339 168173 926419 006315 166
EBITDA498 459469 906263 867435 672373 397610 139389 547
Profit before income tax391 516374 471144 495339 230173 926419 006315 166
Profit for the reporting year391 516374 471144 495339 230173 926419 006315 166
Labour costs0000000
Depreciation of non-current assets106 98495 616119 57096 504199 471191 13374 381
Other indicators
Employees0000000
Calculated dividend————0258 0000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report. † Figures for the marked years come from a report filed as PDF and may be incomplete.

Risks and obligations1 note5 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)
Annual report filing
3/3 filed
Filed late: 2023, 2024
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%LAP Horizontal Drilli…Pekka Aukusti Vepsä
CompanyPersonShareholderOther roleAdditional link

Summary: LAP Horizontal Drilling OÜ

Overview

LAP Horizontal Drilling OÜ (registry code 11200110) 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: Rapla linn, Rapla vald, Rapla maakond. According to the latest annual report, the main activity is renting and leasing of other machinery, equipment and tangible goods n.e.c. (EMTAK 77399). The company is registered for VAT (VAT number EE101094915).

Financial results

Revenue in financial year 2025 was 396 254 €, down 5,2% on the previous year (417 824 €). From 2019 to 2025, revenue declined by an average of 25,5% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 315 166 € (79,5% of revenue). The company was profitable in all 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 3 654 009 € and equity 3 501 699 € (95,8% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 38 333 €, down 94,0% on the same quarter a year earlier.

Management and owners

The company has one management board member. 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 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.

Related companies