Vara Fond OÜRegistered
Tax debt 14 600 € as of 30.09.2026 (incl. 8469 € in a payment schedule).Source: Tax and Customs Board
Annual report for 2025 not filed.
Key figures
113 764 €−82,0%
Revenue 2024
+51,2%
Average annual growth 2019–2024
Ratios
202487,1%
Profit margin
208,0%
EBITDA margin
50,1%
Equity ratio
1,7×
Current ratio
9,0%
Return on equity
650 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 0 € | 1 | 35 € |
| Q1 2026 | 0 € | 2 | 610 € |
| Q4 2025 | 0 € | 2 | 602 € |
| Q3 2025 | 0 € | 2 | 616 € |
| Q2 2025 | 0 € | 2 | 301 € |
| Q1 2025 | 1 065 574 € | 2 | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2024
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 528 508 | 484 283 | 1 324 644 | 1 233 866 | 1 313 931 | 1 713 058 |
| Total non-current assets | 618 265 | 679 527 | 691 836 | 550 881 | 537 531 | 473 733 |
| Total assets | 1 146 773 | 1 163 810 | 2 016 480 | 1 784 747 | 1 851 462 | 2 186 791 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 101 568 | 243 845 | 1 158 151 | 872 567 | 819 006 | 1 008 147 |
| Non-current liabilities | 152 128 | 25 704 | 0 | 0 | 35 612 | 83 111 |
| Total liabilities | 253 696 | 269 549 | 1 158 151 | 872 567 | 854 618 | 1 091 258 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 884 226 | 890 264 | 891 449 | 855 518 | 909 368 | 993 598 |
| Profit for the year | 6039 | 1185 | −35 932 | 53 850 | 84 664 | 99 121 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 258 |
| Total equity | 893 077 | 894 261 | 858 329 | 912 180 | 996 844 | 1 095 533 |
| Income statement | ||||||
| Sales revenue | 14 411 | 14 740 | 6659 | 1 002 819 | 632 826 | 113 764 |
| Operating profit | −27 788 | −36 102 | −46 853 | 55 498 | 101 607 | 221 769 |
| EBITDA | −25 822 | −33 615 | −44 151 | 58 200 | 104 957 | 236 643 |
| Profit before income tax | 6039 | 1185 | −35 932 | 53 850 | 84 664 | 99 121 |
| Profit for the reporting year | 6039 | 1185 | −35 932 | 53 850 | 84 664 | 99 121 |
| Labour costs | 7980 | 8618 | 9321 | 17 651 | 19 750 | 20 875 |
| Depreciation of non-current assets | 1966 | 2487 | 2702 | 2702 | 3350 | 14 874 |
| Other indicators | ||||||
| Employees | 1 | 1 | 1 | 1 | 2 | 2 |
| 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.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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