Flovac Nordic OÜ

Registered
11716210Private limited company (OÜ)Founded 2009

Key figures

42 974 €−95,3%
Revenue 2025
−28,1%
Average annual change 2019–2025
01 m2 m3 m2019202020212022202320242025

Ratios

2025

Summary: Flovac Nordic OÜ

What kind of company is it?

Flovac Nordic OÜ (registry code 11716210) 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 sewerage and wastewater treatment (EMTAK 37001). The company is registered for VAT (VAT number EE101336385).

How is the company doing financially?

Revenue in financial year 2025 was 42 974 €, down 95,3% on the previous year (909 328 €). From 2019 to 2025, revenue declined by an average of 28,1% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 101 309 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 21 487 €. At the end of financial year 2025, total assets were 231 381 € and equity 222 610 € (96,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 115 569 €, up 649% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 4266 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1420 € 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 2026115 569 €24266 €
Q2 2026382 517 €23858 €
Q1 202689 872 €24879 €
Q4 202560 317 €25307 €
Q3 202515 427 €27879 €
Q2 202518 174 €28035 €
Q1 2025258 506 €211 122 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
2024140 005 €
202337 508 €
202218 756 €
20210 €
202041 555 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue2 127 246422 382218 383909 32842 974
Net profit285 00095 929−24 07214 330−101 309
Retained earnings119 171385 415443 836279 759320 971
Total assets459 337490 233442 373394 756231 381
Total liabilities52 218594119 66197 7198771
Total equity407 119484 292422 712297 037222 610
Employees22222
Average gross salary (monthly)26672114209037531961
Calculated dividend018 75637 508140 0050

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.

Connections graph
100%Flovac Nordic OÜGeorg Sarap
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

8 records

State aid and de minimis aid in total 6684 € (2023–2025). Largest grantors: SA Keskkonnainvesteeringute Keskus (6684 €).

Show all aid records (8)
2025818 €
20242730 €
20233136 €
GrantorPurposeAmountDate
SA Keskkonnainvesteeringute KeskusMetsa uuendamine632 €27.10.2025
SA Keskkonnainvesteeringute KeskusErametsaomanike nõustamine100 €11.05.2025
SA Keskkonnainvesteeringute KeskusMetsa uuendamine86 €08.04.2025
SA Keskkonnainvesteeringute KeskusMetsa uuendamine1581 €14.10.2024
SA Keskkonnainvesteeringute KeskusErametsaomanike nõustamine100 €07.05.2024
SA Keskkonnainvesteeringute KeskusMetsa uuendamine1049 €21.03.2024
SA Keskkonnainvesteeringute KeskusMetsa uuendamine1401 €25.10.2023
SA Keskkonnainvesteeringute KeskusMetsa uuendamine1735 €16.03.2023

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

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies

Largest in the same sector — Water supply and waste management
Same activity — Sewerage and wastewater treatment

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