TK Veod OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 141 345 € | 7 | 2698 € |
| Q2 2026 | 134 684 € | 7 | 6553 € |
| Q1 2026 | 186 047 € | 7 | 4693 € |
| Q4 2025 | 181 807 € | 7 | 4188 € |
| Q3 2025 | 100 989 € | 6 | 3521 € |
| Q2 2025 | 107 825 € | 6 | 5315 € |
| Q1 2025 | 75 656 € | 5 | 4817 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 134 342 | 100 328 | 76 912 | 217 623 | 138 928 | 150 338 | 192 450 |
| Total non-current assets | 794 069 | 725 224 | 557 073 | 774 385 | 891 089 | 1 023 359 | 959 357 |
| Total assets | 928 411 | 825 552 | 633 985 | 992 008 | 1 030 017 | 1 173 697 | 1 151 807 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 226 757 | 220 858 | 154 782 | 285 718 | 167 277 | 230 240 | 307 233 |
| Non-current liabilities | 419 809 | 287 236 | 138 784 | 84 291 | 151 288 | 220 008 | 179 705 |
| Total liabilities | 646 566 | 508 094 | 293 566 | 370 009 | 318 565 | 450 248 | 486 938 |
| Share capital | 8948 | 8948 | 8948 | 8948 | 8948 | 8948 | 8948 |
| Retained earnings of previous periods | 257 118 | 272 002 | 307 615 | 330 576 | 612 156 | 701 609 | 713 606 |
| Profit for the year | 14 884 | 35 613 | 22 961 | 281 580 | 89 453 | 11 997 | −58 580 |
| Reserves and other equity | 895 | 895 | 895 | 895 | 895 | 895 | 895 |
| Total equity | 281 845 | 317 458 | 340 419 | 621 999 | 711 452 | 723 449 | 664 869 |
| Income statement | |||||||
| Sales revenue | 977 180 | 836 775 | 605 599 | 913 602 | 891 227 | 391 928 | 558 093 |
| Operating profit | 31 565 | 44 259 | 28 791 | 285 353 | 102 533 | 32 351 | −42 379 |
| EBITDA | 135 311 | 148 382 | 119 967 | 349 654 | 164 362 | 91 068 | 46 656 |
| Profit before income tax | 14 884 | 35 613 | 22 961 | 281 580 | 89 453 | 11 997 | −58 580 |
| Profit for the reporting year | 14 884 | 35 613 | 22 961 | 281 580 | 89 453 | 11 997 | −58 580 |
| Labour costs | 35 045 | 59 983 | 56 177 | 64 061 | 69 154 | 64 856 | 71 439 |
| Depreciation of non-current assets | 103 746 | 104 123 | 91 176 | 64 301 | 61 829 | 58 717 | 89 035 |
| Other indicators | |||||||
| Employees | 3 | 6 | 6 | 5 | 6 | 6 | 5 |
| Calculated dividend | — | 0 | 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 obligations1 issue1 note3 clear
Data from public registers, not a credit rating.
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Summary: TK Veod OÜ
Overview
TK Veod OÜ (registry code 11437349) is a private limited company (OÜ). The company was entered in the Commercial Register in 2007 and has been registered for 18 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is freight transport by road (EMTAK 49411). The company is registered for VAT (VAT number EE101186098).
Financial results
Revenue in financial year 2025 was 558 093 €, up 42,4% on the previous year (391 928 €). From 2019 to 2025, revenue declined by an average of 8,9% per year. Financial year 2025 ended with a loss of 58 580 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 5 employees (6 a year earlier). Revenue per employee was 111 619 €. At the end of financial year 2025, total assets were 1 151 807 € and equity 664 869 € (57,7% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 141 345 €, up 40,0% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 2698 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 430 € per month.
Management and owners
The company has one management board member. The sole owner of the company is a private individual.
Data sources and freshness
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. Latest register change: 28.09.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 04.06.2026. 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.