Smeden OÜ
RegisteredKey figures
Ratios
2025Summary: Smeden OÜ
What kind of company is it?
Smeden OÜ (registry code 11660314) 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: Purtsi küla, Elva vald, Tartu 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 EE101726597).
How is the company doing financially?
Revenue in financial year 2025 was 609 378 €, down 44,7% on the previous year (1 102 190 €). From 2019 to 2025, revenue grew by an average of 1,4% per year. Net profit for financial year 2025 was 13 221 € (2,2% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees (6 a year earlier). Revenue per employee was 304 689 €. At the end of financial year 2025, total assets were 564 146 € and equity 484 510 € (85,9% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 315 338 €, up 15,3% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 5863 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1320 € 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 315 338 € | 3 | 5863 € |
| Q2 2026 | 128 400 € | 4 | 5621 € |
| Q1 2026 | 25 785 € | 2 | 5142 € |
| Q4 2025 | 112 224 € | 3 | 7677 € |
| Q3 2025 | 273 536 € | 4 | 7824 € |
| Q2 2025 | 144 325 € | 4 | 3946 € |
| Q1 2025 | 88 971 € | 3 | 6794 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 4999 € (1% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 735 408 | 939 660 | 668 512 | 1 102 190 | 609 378 |
| Net profit | 99 702 | 47 703 | 37 644 | 155 758 | 13 221 |
| Retained earnings | 127 926 | 227 628 | 275 331 | 317 974 | 468 733 |
| Total assets | 408 939 | 464 802 | 396 261 | 574 082 | 564 146 |
| Total liabilities | 178 755 | 186 915 | 80 730 | 97 794 | 79 636 |
| Total equity | 230 184 | 277 887 | 315 531 | 476 288 | 484 510 |
| Employees | 5 | 5 | 5 | 6 | 2 |
| Average gross salary (monthly) | 1351 | 1339 | 916 | 1266 | 1914 |
| Calculated dividend | 27 000 | 0 | 0 | 0 | 4999 |
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
1 recordState aid and de minimis aid in total 1 € (2020). Largest grantors: Tallinna Linnakantselei (1 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Tallinna Linnakantselei | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 1 € | 01.04.2020 |
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 ↗
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