qth oü

Registered
11599448Private limited company (OÜ)Founded 2009
Tax debt 54 834 € as of 09.11.2026 (incl. 54 834 € in a payment schedule).Source: Tax and Customs Board

Key figures

989 507 €−3,6%
Revenue 2025
+29,2%
Average annual growth 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025

Summary: qth oü

What kind of company is it?

Qth oü (registry code 11599448) is a private limited company (OÜ). The company was entered in the Commercial Register in 2009 and has been registered for 17 years. Registered location: Parksepa alevik, Võru vald, Võru maakond. According to the latest annual report, the main activity is manufacture of other fabricated metal products n.e.c. (EMTAK 25991). The company is registered for VAT (VAT number EE101279934).

How is the company doing financially?

Revenue in financial year 2025 was 989 507 €, down 3,6% on the previous year (1 025 944 €). From 2019 to 2025, revenue grew by an average of 29,2% per year. Net profit for financial year 2025 was 30 167 € (3,0% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 15 employees (16 a year earlier). Revenue per employee was 65 967 €. At the end of financial year 2025, total assets were 778 851 € and equity 32 787 € (4,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 126 832 €, down 37,2% on the same quarter a year earlier. The company had 11 employees in that quarter. Labour taxes paid in the quarter: 16 196 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1050 € 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 30.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026126 832 €1116 196 €
Q2 2026123 095 €1125 846 €
Q1 2026252 596 €134865 €
Q4 2025141 081 €1628 815 €
Q3 2025202 064 €1548 449 €
Q2 2025384 386 €1846 089 €
Q1 2025371 338 €1645 410 €

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 revenue718 432603 876756 9411 025 944989 507
Net profit4209−88 05875 998−86 82830 167
Retained earnings94 69998 90810 85086 84820
Total assets162 439215 268390 113452 870778 851
Total liabilities60 931201 818300 665450 250746 064
Total equity101 50813 45089 448262032 787
Employees914141615
Average gross salary (monthly)14301144170916391793
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 issue1 for information5 clear
Register status
Registered
Business Register
Tax debt
54 834 €
as of 09.11.2026 (incl. 54 834 € in a payment schedule)
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
195 000 €
A pledge over the company's movable assets, usually securing a loan.
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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100%qth oü4Tanel Haak
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State aid and grants

15 records

State aid and de minimis aid in total 104 558 € (2017–2023). Largest grantors: Eesti Töötukassa (53 273 €), Riigi Tugiteenuste Keskus (51 285 €).

Show all aid records (15)
202338 230 €
202215 042 €
202050 000 €
20171285 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA8753 €21.07.2023
Eesti TöötukassaPalgatoetus VTA10 290 €21.07.2023
Eesti TöötukassaPalgatoetus VTA7949 €30.06.2023
Eesti TöötukassaPalgatoetus VTA11 237 €29.06.2023
Eesti TöötukassaPalgatoetus VTA6059 €05.09.2022
Eesti TöötukassaPalgatoetus VTA1468 €18.08.2022
Eesti TöötukassaPalgatoetus VTA7515 €12.07.2022
Riigi Tugiteenuste KeskusMuu50 000 €16.12.2020
Riigi Tugiteenuste KeskusNõustamine VTA283 €14.11.2017
Riigi Tugiteenuste KeskusMuu40 €15.05.2017
Riigi Tugiteenuste KeskusMuu15 €15.05.2017
Riigi Tugiteenuste KeskusNõustamine VTA205 €09.03.2017
Riigi Tugiteenuste KeskusNõustamine VTA271 €09.03.2017
Riigi Tugiteenuste KeskusNõustamine VTA332 €10.02.2017
Riigi Tugiteenuste KeskusMuu139 €08.02.2017

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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