Devalko OÜ
RegisteredKey figures
Ratios
2025Summary: Devalko OÜ
What kind of company is it?
Devalko OÜ (registry code 11440676) is a private limited company (OÜ). The company was entered in the Commercial Register in 2008 and has been registered for 18 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE101739063).
How is the company doing financially?
Revenue in financial year 2025 was 30 980 €, down 91,2% on the previous year (350 306 €). From 2019 to 2025, revenue declined by an average of 40,0% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 54 545 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 2 employees (3 a year earlier). Revenue per employee was 15 490 €. At the end of financial year 2025, total assets were 2 203 501 € and equity 546 662 € (24,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 634 €, up 30,5% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 1530 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 650 € 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 25.06.2026. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 634 € | 2 | 1530 € |
| Q2 2026 | 237 € | 2 | 3132 € |
| Q1 2026 | 6 € | 2 | 2977 € |
| Q4 2025 | 30 086 € | 2 | 1665 € |
| Q3 2025 | 486 € | 2 | 4635 € |
| Q2 2025 | 394 € | 3 | 4629 € |
| Q1 2025 | 340 185 € | 3 | 4639 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 1 808 506 | 1 994 495 | 250 876 | 350 306 | 30 980 |
| Net profit | −415 447 | −292 497 | 180 778 | −3363 | −54 545 |
| Retained earnings | 331 611 | 808 164 | 489 668 | 591 846 | 598 395 |
| Total assets | 795 663 | 799 479 | 1 565 784 | 1 943 229 | 2 203 501 |
| Total liabilities | 876 687 | 281 000 | 892 526 | 1 351 934 | 1 656 839 |
| Total equity | −81 024 | 518 479 | 673 258 | 591 295 | 546 662 |
| Employees | 2 | 2 | 2 | 3 | 2 |
| Average gross salary (monthly) | 666 | 882 | 911 | 952 | 1305 |
| Calculated dividend | 0 | 0 | 25 999 | 78 600 | 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
Data from public registers, not a credit rating.
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State aid and grants
5 recordsState aid and de minimis aid in total 36 369 € (2017–2021). Largest grantors: Elering AS (32 898 €), Eesti Töötukassa (3471 €).
Show all aid records (5)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 333 € | 31.08.2021 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 666 € | 14.01.2021 |
| Elering AS | Tegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43) | 20 700 € | 19.12.2020 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 11 200 € | 03.08.2018 |
| Eesti Töötukassa | Palgatoetus VTA | 3471 € | 29.12.2017 |
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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