DEMENEC OÜ
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2025Summary: DEMENEC OÜ
What kind of company is it?
DEMENEC OÜ (registry code 11232127) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 20 years. Registered location: Põlva linn, Põlva vald, Põlva maakond. According to the latest annual report, the main activity is construction of roads and motorways (EMTAK 42111). The company is registered for VAT (VAT number EE101066286).
How is the company doing financially?
Revenue in financial year 2025 was 952 011 €, up 19,7% on the previous year (795 654 €). From 2019 to 2025, revenue grew by an average of 3,6% per year. Financial year 2025 ended with a loss of 22 297 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 7 employees (8 a year earlier). Revenue per employee was 136 002 €. At the end of financial year 2025, total assets were 1 675 578 € and equity 1 191 176 € (71,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 505 796 €, up 86,7% on the same quarter a year earlier. The company had 10 employees in that quarter. Labour taxes paid in the quarter: 25 911 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1680 € 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 25.06.2026. 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 | 505 796 € | 10 | 25 911 € |
| Q2 2026 | 294 469 € | 10 | 13 773 € |
| Q1 2026 | 170 464 € | 8 | 14 699 € |
| Q4 2025 | 376 929 € | 8 | 21 949 € |
| Q3 2025 | 270 955 € | 9 | 22 698 € |
| Q2 2025 | 230 317 € | 9 | 14 876 € |
| Q1 2025 | 156 063 € | 9 | 13 193 € |
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 | 1 512 441 | 1 236 857 | 848 886 | 795 654 | 952 011 |
| Net profit | 233 710 | −45 082 | 135 121 | 88 222 | −22 297 |
| Retained earnings | 797 989 | 1 031 698 | 986 616 | 1 121 736 | 1 209 958 |
| Total assets | 1 687 667 | 1 876 754 | 1 643 704 | 1 605 431 | 1 675 578 |
| Total liabilities | 652 453 | 886 623 | 518 452 | 391 958 | 484 402 |
| Total equity | 1 035 214 | 990 131 | 1 125 252 | 1 213 473 | 1 191 176 |
| Employees | 12 | 12 | 8 | 8 | 7 |
| Average gross salary (monthly) | 1128 | 1420 | 791 | 1215 | 1641 |
| 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
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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