Marandi Vara OÜ

Registered

11398170Private limited company (OÜ)Founded 2007

Key figures

161 971 €+24,6%

Revenue 2025

+6,0%

Average annual growth 2019–2025

Ratios

2025

0,7%

Profit margin

7,1%

EBITDA margin

91,4%

Equity ratio

11×

Current ratio

0,9%

Return on equity

687 €

Average gross salary

Summary: Marandi Vara OÜ

What kind of company is it?

Marandi Vara OÜ (registry code 11398170) 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: Hakjala küla, Saaremaa vald, Saare 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 EE102090769).

How is the company doing financially?

Revenue in financial year 2025 was 161 971 €, up 24,6% on the previous year (130 018 €). From 2019 to 2025, revenue grew by an average of 6,0% per year. Net profit for financial year 2025 was 1185 € (0,7% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 80 986 €. At the end of financial year 2025, total assets were 151 974 € and equity 138 918 € (91,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 37 354 €, down 22,1% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 1676 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 690 € 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 18.04.2026. 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

Quarter	Revenue	Number of employees	Labour taxes
Q3 2026	37 354 €	2	1676 €
Q2 2026	27 613 €	2	1719 €
Q1 2026	47 814 €	2	2438 €
Q4 2025	38 261 €	2	2509 €
Q3 2025	47 921 €	2	2573 €
Q2 2025	35 423 €	3	2445 €
Q1 2025	31 478 €	3	2487 €

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

	2021	2022	2023	2024	2025
Sales revenue	122 846	230 808	222 535	130 018	161 971
Net profit	20 843	2606	3544	1105	1185
Retained earnings	106 823	127 666	130 272	133 816	134 921
Total assets	137 718	151 402	157 545	154 914	151 974
Total liabilities	7240	18 318	20 917	17 181	13 056
Total equity	130 478	133 084	136 628	137 733	138 918
Employees	2	2	2	2	2
Average gross salary (monthly)	572	851	761	781	984
Calculated dividend	0	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 obligationsAll clear

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

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State aid and grants

1 record

State aid and de minimis aid in total 1184 € (2021). Largest grantors: Eesti Töötukassa (1184 €).

Show all aid records (1)

20211184 €

Grantor	Purpose	Amount	Date
Eesti Töötukassa	Palgatoetus VTA	1184 €	01.01.2021

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

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies

Largest in the same sector — Construction

Same activity — Other building completion and finishing