Siim Varad osaühing

Registered
11373201Private limited company (OÜ)Founded 2007

Key figures

205 736 €+19,8%
Revenue 2025
+30,8%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Siim Varad osaühing

What kind of company is it?

Siim Varad osaühing (registry code 11373201) is a private limited company (OÜ). The company was entered in the Commercial Register in 2007 and has been registered for 19 years. Registered location: Haapsalu linn, Lääne maakond. According to the latest annual report, the main activity is other business support service activities n.e.c. (EMTAK 82991). The company is registered for VAT (VAT number EE101158602).

How is the company doing financially?

Revenue in financial year 2025 was 205 736 €, up 19,8% on the previous year (171 705 €). From 2019 to 2025, revenue grew by an average of 30,8% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 39 490 € (19,2% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 205 736 €. At the end of financial year 2025, total assets were 1 568 967 € and equity 648 330 € (41,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 36 413 €, down 39,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 4042 €. 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 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 01.07.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (984500F4EA0BVFTZ7B97) comes from the GLEIF database. 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 202636 413 €14042 €
Q2 202619 109 €12488 €
Q1 202671 592 €12882 €
Q4 202524 150 €13448 €
Q3 202560 193 €13448 €
Q2 202571 920 €13818 €
Q1 202550 137 €13382 €

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 revenue34 02567 82072 533171 705205 736
Net profit101 43032 27521 96898 03439 490
Retained earnings350 578452 007484 282506 250604 284
Total assets499 072696 2661 365 3011 598 5711 568 967
Total liabilities42 508207 428854 495989 731920 637
Total equity456 564488 838510 806608 840648 330
Employees11111
Average gross salary (monthly)31731731718582073
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 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: 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.

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100%Siim Varad osaühing9+Siim Saareväli
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State aid and grants

7 records

State aid and de minimis aid in total 1330 € (2021–2025). Largest grantors: SA Keskkonnainvesteeringute Keskus (1330 €).

Show all aid records (7)
2025100 €
2024271 €
2023100 €
2022100 €
2021760 €
GrantorPurposeAmountDate
SA Keskkonnainvesteeringute KeskusErametsaomanike nõustamine100 €07.05.2025
SA Keskkonnainvesteeringute KeskusMetsa uuendamine171 €14.10.2024
SA Keskkonnainvesteeringute KeskusErametsaomanike nõustamine100 €08.05.2024
SA Keskkonnainvesteeringute KeskusErametsaomanike nõustamine100 €11.05.2023
SA Keskkonnainvesteeringute KeskusErametsaomanike nõustamine100 €05.04.2022
SA Keskkonnainvesteeringute KeskusMetsa uuendamine680 €08.10.2021
SA Keskkonnainvesteeringute KeskusErametsaomanike nõustamine80 €11.03.2021

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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