OÜ Korras Vara

Registered
11288866Private limited company (OÜ)Founded 2006

Key figures

162 520 €+337,3%
Revenue 2025
+15,8%
Average annual growth 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025

Summary: OÜ Korras Vara

What kind of company is it?

OÜ Korras Vara (registry code 11288866) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is other building completion and finishing (EMTAK 43351). The company is registered for VAT (VAT number EE101088798).

How is the company doing financially?

Revenue in financial year 2025 was 162 520 €, up 337% on the previous year (37 161 €). From 2019 to 2025, revenue grew by an average of 15,8% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 26 468 € (16,3% of revenue). The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 3 employees (1 a year earlier). Revenue per employee was 54 173 €. At the end of financial year 2025, total assets were 124 512 € and equity 101 750 € (81,7% of assets). Based on labour costs in the report, the estimated average gross salary was about 600 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 11 885 €, down 90,3% on the same quarter a year earlier.

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 27.02.2026. 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 202611 885 €—0 €
Q2 2026153 €—1283 €
Q1 202610 306 €13018 €
Q4 202517 288 €32211 €
Q3 2025122 490 €32924 €
Q2 202515 009 €31215 €
Q1 202518 464 €11852 €

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
20212022202320242025
Sales revenue54 18579 77437 99937 161162 520
Net profit−15 845109 679−26 879−14 07726 468
Retained earnings9889−5956103 72276 84362 766
Total assets122 393125 25094 387109 326124 512
Total liabilities115 8339011502834 04422 762
Total equity6560116 23989 35975 282101 750
Employees21113
Average gross salary (monthly)303491830600599
Calculated dividend00000

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
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%OÜ Korras VaraAimar Palu
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 3497 € (2021–2022). Largest grantors: Eesti Töötukassa (3421 €), Põllumajanduse Registrite ja Informatsiooni Amet (76 €).

Show all aid records (2)
202276 €
20213421 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA3421 €06.01.2021

The total also includes 1 tax reductions worth 76 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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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