Terasvai OÜ

Registered
11639194Private limited company (OÜ)Founded 2009

Key figures

507 944 €−44,6%
Revenue 2025
+6,2%
Average annual growth 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025

Summary: Terasvai OÜ

What kind of company is it?

Terasvai OÜ (registry code 11639194) 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: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other specialised construction activities for buildings (EMTAK 43421). The company is registered for VAT (VAT number EE101333595).

How is the company doing financially?

Revenue in financial year 2025 was 507 944 €, down 44,6% on the previous year (917 291 €). From 2019 to 2025, revenue grew by an average of 6,2% per year. Net profit for financial year 2025 was 16 601 € (3,3% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 4 employees (5 a year earlier). Revenue per employee was 126 986 €. At the end of financial year 2025, total assets were 499 428 € and equity 430 345 € (86,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 313 327 €, up 55,6% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 13 294 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2100 € 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 27.06.2026. 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 2026313 327 €413 294 €
Q2 2026263 156 €514 164 €
Q1 2026236 116 €513 081 €
Q4 2025225 089 €511 556 €
Q3 2025201 399 €510 295 €
Q2 2025149 849 €49835 €
Q1 2025110 258 €48057 €

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 revenue788 828831 0101 041 697917 291507 944
Net profit84 86322 12676 45963 06616 601
Retained earnings164 418249 281271 407347 866410 932
Total assets433 297476 529564 712446 387499 428
Total liabilities181 204202 310214 03432 64369 083
Total equity252 093274 219350 678413 744430 345
Employees33454
Average gross salary (monthly)9481431143815391586
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 obligationsAll clear
Register status
Registered
Business Register
Tax debt
None
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
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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100%Terasvai OÜ1Tarmo Vatsel
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State aid and grants

1 record

State aid and de minimis aid in total 1712 € (2021). Largest grantors: Eesti Töötukassa (1712 €).

Show all aid records (1)
20211712 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA1712 €01.01.2021

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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