Royal Shipping Team OÜ

Registered
11326437Private limited company (OÜ)Founded 2006

Key figures

139 285 €+27,4%
Revenue 2025
+0,5%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: Royal Shipping Team OÜ

What kind of company is it?

Royal Shipping Team OÜ (registry code 11326437) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 19 years. Registered location: Miti küla, Otepää vald, Valga maakond. According to the latest annual report, the main activity is electrical installation works (EMTAK 43211). The company is registered for VAT (VAT number EE101108869).

How is the company doing financially?

Revenue in financial year 2025 was 139 285 €, up 27,4% on the previous year (109 287 €). From 2019 to 2025, revenue grew by an average of 0,5% per year. Net profit for financial year 2025 was 28 668 € (20,6% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 69 643 €. At the end of financial year 2025, total assets were 357 925 € and equity 332 902 € (93,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 28 573 €, up 86,2% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 4616 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1090 € per month.

Who runs the company and who owns it?

The management board has 2 members. 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 08.07.2026. 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 202628 573 €34616 €
Q2 202657 191 €34616 €
Q1 202660 417 €34603 €
Q4 202536 900 €34254 €
Q3 202515 345 €24395 €
Q2 202534 965 €24536 €
Q1 202542 167 €24457 €

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

Dividends

calculated
2025

Distributed as dividends 10 000 € (3% of distributable profit).

History
202510 000 €
202410 000 €
202310 000 €
2022546 €
202115 000 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue131 76267 639147 200109 287139 285
Net profit37 960−91188 70010 32728 668
Retained earnings195 892233 306222 395301 095301 422
Total assets281 302298 924360 336346 169357 925
Total liabilities44 63863 71746 42931 93525 023
Total equity236 664235 207313 907314 234332 902
Employees22222
Average gross salary (monthly)—394589717802
Calculated dividend15 00054610 00010 00010 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 obligations1 note6 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
Filed late: 2023, 2024, 2025
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

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100%Royal Shipping Team OÜVelar Gutmann2Stina Vool
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

3 records

State aid and de minimis aid in total 59 € (2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (59 €).

Show all aid records (3)
202659 €

The total also includes 3 tax reductions worth 59 € (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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