Sincobele Velterede OÜ
RegisteredKey figures
Ratios
2023Summary: Sincobele Velterede OÜ
What kind of company is it?
Sincobele Velterede OÜ (registry code 11233084) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is wholesale of furniture, carpets and lighting equipment (EMTAK 46471).
How is the company doing financially?
Revenue in financial year 2023 was 743 526 €, down 50,6% on the previous year (1 504 210 €). From 2019 to 2023, revenue grew by an average of 6,8% per year. Financial year 2023 ended with a loss of 111 765 €. The company was profitable in 1 of the 5 published financial years. According to the report, the company had no employees in financial year 2023.
What do the latest quarters show?
According to the Tax and Customs Board, the company declared no turnover in Q1 2026.
Who runs the company and who owns it?
The sole owner of the company is Fiscalinvest OÜ.
What should you look out for?
2 annual reports have not been filed on time, the latest for financial year 2025. Equity was negative at the end of financial year 2023 (−74 574 €). Equity is below half of the share capital (2556 €); in this case the Commercial Code requires measures to restore equity.
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 2023) was filed on 28.08.2024. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q1 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 |
|---|---|---|---|
| Q1 2026 | 0 € | — | 0 € |
| Q4 2025 | 0 € | — | — |
| Q3 2025 | 2580 € | — | 0 € |
| Q2 2025 | 5000 € | — | — |
| Q1 2025 | 0 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2023
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales revenue | 571 846 | 825 306 | 861 193 | 1 504 210 | 743 526 |
| Net profit | −61 396 | 25 763 | −49 593 | −176 300 | −111 765 |
| Retained earnings | 24 816 | 64 867 | 93 228 | 43 634 | −132 666 |
| Total assets | 897 957 | 839 800 | 950 236 | 665 047 | 60 812 |
| Total liabilities | 931 725 | 579 313 | 736 744 | 627 856 | 135 386 |
| Total equity | −33 768 | 260 487 | 213 492 | 37 191 | −74 574 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 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 obligations1 issue6 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.