Polarspirit OÜ
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Polarspirit OÜ
What kind of company is it?
Polarspirit OÜ (registry code 11535595) 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: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other specialised construction activities (EMTAK 43999). The company is registered for VAT (VAT number EE101254687).
How is the company doing financially?
Revenue in financial year 2025 was 75 250 €, up 44,7% on the previous year (51 997 €). From 2019 to 2025, revenue grew by an average of 1,4% per year. Net profit for financial year 2025 was 5469 € (7,3% of revenue). The company was profitable in 6 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 501 390 € and equity 501 115 € (99,9% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 20 500 €, down 19,0% on the same quarter a year earlier.
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 26.03.2026. 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 (89450031XB7E0BKV3M13) 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 20 500 € | — | 0 € |
| Q2 2026 | 0 € | — | 0 € |
| Q1 2026 | 0 € | — | 0 € |
| Q4 2025 | 15 878 € | — | 0 € |
| Q3 2025 | 25 300 € | — | 0 € |
| Q2 2025 | 36 950 € | — | 0 € |
| Q1 2025 | 1122 € | — | 0 € |
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 | 47 199 | 42 935 | 131 593 | 51 997 | 75 250 |
| Net profit | 39 272 | −50 751 | 165 681 | 159 079 | 5469 |
| Retained earnings | 279 552 | 318 824 | 268 074 | 333 755 | 492 834 |
| Total assets | 463 948 | 271 940 | 527 852 | 672 850 | 501 390 |
| Total liabilities | 142 312 | 1055 | 91 285 | 177 204 | 275 |
| Total equity | 321 636 | 270 885 | 436 567 | 495 646 | 501 115 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | 0 | 0 | 0 | 100 000 | 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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