OÜ Rae MajadRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 17 095 € | — | 0 € |
| Q2 2026 | 6546 € | — | 0 € |
| Q1 2026 | 7654 € | — | 0 € |
| Q4 2025 | 750 € | — | 0 € |
| Q3 2025 | 10 676 € | — | 0 € |
| Q2 2025 | 15 865 € | — | 0 € |
| Q1 2025 | 19 142 € | — | 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.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 41 885 | 43 027 | 71 041 | 48 903 | 16 135 | 27 414 | 3766 |
| Total non-current assets | 159 404 | 163 582 | 212 939 | 253 073 | 258 382 | 215 707 | 146 385 |
| Total assets | 201 289 | 206 609 | 283 980 | 301 976 | 274 517 | 243 121 | 150 151 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 3377 | 3715 | 69 902 | 41 290 | 21 330 | 25 679 | 18 081 |
| Non-current liabilities | 26 482 | 21 008 | 28 986 | 73 479 | 65 740 | 32 214 | 4341 |
| Total liabilities | 29 859 | 24 723 | 98 888 | 114 769 | 87 070 | 57 893 | 22 422 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 164 099 | 164 782 | 175 240 | 177 512 | 184 394 | 184 636 | 182 416 |
| Profit for the year | 684 | 10 457 | 3205 | 6883 | 241 | −2220 | −57 499 |
| Reserves and other equity | 4091 | 4091 | 4091 | 256 | 256 | 256 | 256 |
| Total equity | 171 430 | 181 886 | 185 092 | 187 207 | 187 447 | 185 228 | 127 729 |
| Income statement | |||||||
| Sales revenue | 79 961 | 84 252 | 124 162 | 186 697 | 103 119 | 137 488 | 35 195 |
| Operating profit | 1386 | 11 431 | 4200 | 37 055 | 3668 | 1452 | −56 442 |
| EBITDA | 1386 | 24 811 | 20 252 | 51 922 | 49 610 | 45 482 | −11 567 |
| Profit before income tax | 684 | 10 457 | 3205 | 6883 | 241 | −2220 | −57 499 |
| Profit for the reporting year | 684 | 10 457 | 3205 | 6883 | 241 | −2220 | −57 499 |
| Labour costs | 8670 | 14 959 | 24 318 | 18 525 | 12 706 | 0 | 0 |
| Depreciation of non-current assets | 0 | 13 380 | 16 052 | 14 867 | 45 942 | 44 030 | 44 875 |
| Other indicators | |||||||
| Employees | 1 | 1 | 3 | 1 | 1 | 0 | 0 |
| Calculated dividend | — | 0 | 0 | 933 | 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.
Risks and obligations1 issue4 clear
Data from public registers, not a credit rating.
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Summary: OÜ Rae Majad
Overview
OÜ Rae Majad (registry code 11667109) 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: Kiidjärve küla, Põlva vald, Põlva maakond. According to the latest annual report, the main activity is construction of other civil engineering projects n.e.c. (EMTAK 42991). The company is registered for VAT (VAT number EE101300162).
Financial results
Revenue in financial year 2025 was 35 195 €, down 74,4% on the previous year (137 488 €). From 2019 to 2025, revenue declined by an average of 12,8% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 57 499 €. The company was profitable in 5 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 150 151 € and equity 127 729 € (85,1% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 17 095 €, up 60,1% on the same quarter a year earlier.
Management and owners
The company has one management board member. The sole owner of the company is a private individual.
Data sources and freshness
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 17.06.2026. 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.