Avemet Eesti OÜ

Registered
11278537Private limited company (OÜ)Founded 2006

Key figures

4 978 922 €−19,7%
Revenue 2024/25
+0,5%
Average annual growth 2018/19–2024/25
02 m4 m6 m8 m2018/192019/202020/212021/222022/232023/242024/25

Ratios

2024/25

Summary: Avemet Eesti OÜ

What kind of company is it?

Avemet Eesti OÜ (registry code 11278537) 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: Türi linn, Türi vald, Järva maakond. According to the latest annual report, the main activity is manufacture of other structural metal products and parts (EMTAK 25119). The company is registered for VAT (VAT number EE101071310).

How is the company doing financially?

Revenue in financial year 2024/25 was 4 978 922 €, down 19,7% on the previous year (6 199 709 €). Net profit for financial year 2024/25 was 305 216 € (6,1% of revenue). The company was profitable in all 7 published financial years. In financial year 2024/25 the company had 33 employees (31 a year earlier). Revenue per employee was 150 876 €. At the end of financial year 2024/25, total assets were 3 026 942 € and equity 2 216 746 € (73,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 1 393 989 €, up 34,9% on the same quarter a year earlier. The company had 31 employees in that quarter. Labour taxes paid in the quarter: 125 550 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2510 € 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 (60%) is held by Oy Spectrum Investments Ltd.

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 2024/25) was filed on 11.03.2026. 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 20261 393 989 €31125 550 €
Q2 20261 673 090 €32127 076 €
Q1 2026831 836 €32127 487 €
Q4 20251 578 497 €31139 674 €
Q3 20251 033 421 €31120 514 €
Q2 20251 827 972 €30124 292 €
Q1 2025746 253 €29120 998 €

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

Dividends

calculated
2024/25

Distributed as dividends 312 000 € (14% of distributable profit).

History
2024/25312 000 €
2023/24299 999 €
2022/23100 001 €
2021/22210 000 €
2020/21169 968 €
2019/20164 673 €
Summary of financial statements2021–2025
2020/212021/222022/232023/242024/25
Sales revenue3 491 0234 808 0064 653 6726 199 7094 978 922
Net profit176 704204 907434 555465 769305 216
Retained earnings1 548 7841 515 4881 620 3941 754 9501 908 719
Total assets2 243 5421 982 3612 389 9403 189 8393 026 942
Total liabilities515 243259 155332 180966 309810 196
Total equity1 728 2991 723 2062 057 7602 223 5302 216 746
Employees3535333133
Average gross salary (monthly)17451949217723082300
Calculated dividend169 968210 000100 001299 999312 000

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
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)
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 · 2025 annual report
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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60%40%Avemet Eesti OÜOy Spectrum Investmen…2Rivo SoomJorma Pekka Antero Si…
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State aid and grants

1 record

State aid and de minimis aid in total 48 € (2021). Largest grantors: Riigi Tugiteenuste Keskus (48 €).

Show all aid records (1)
202148 €
GrantorPurposeAmountDate
Riigi Tugiteenuste KeskusMuu48 €06.10.2021

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.

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