VENT SYSTEM PROJECT OÜRegistered

11720522Private limited company (OÜ)Founded 2009

Key figures

1 605 258 €+19,8%
Revenue 2025
−0,1%
Average annual change 2019–2025
01 m2 m3 m2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m1,5 m2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026338 579 €1632 954 €
Q2 2026436 078 €1332 342 €
Q1 2026473 796 €1336 071 €
Q4 2025629 036 €1436 989 €
Q3 2025463 933 €1335 802 €
Q2 2025516 911 €1332 921 €
Q1 2025439 716 €1230 500 €

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

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets414 261293 330314 186258 020167 833359 109298 404
Total non-current assets269 575345 277304 292539 051617 661645 672806 806
Total assets683 836638 607618 478797 071785 4941 004 7811 105 210
Balance sheet — liabilities and equity
Current liabilities349 430332 274327 322389 194236 897289 714392 115
Non-current liabilities73 80143 00023 141139 143256 957228 856223 469
Total liabilities423 231375 274350 463528 337493 854518 570615 584
Share capital2556255625562556255625562556
Retained earnings of previous periods257 639257 793260 521265 203265 922288 828483 399
Profit for the year1542728468271922 906194 5713415
Reserves and other equity256256256256256256256
Total equity260 605263 333268 015268 734291 640486 211489 626
Income statement
Sales revenue1 611 1111 391 1631 349 5222 221 5312 073 0831 339 3951 605 258
Operating profit228111 11413 14917 04356 909219 71431 609
EBITDA31 94560 04756 39850 510183 728257 96176 835
Profit before income tax1542728468271922 906194 5713415
Profit for the reporting year1542728468271922 906194 5713415
Labour costs308 100350 418340 898312 284337 239277 803345 822
Depreciation of non-current assets29 66448 93343 24933 467126 81938 24745 226
Other indicators
Employees24241918161311
Calculated dividend—000000

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)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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50%50%VENT SYSTEM PROJECT OÜ1Oleg MuhhortovOlga Patoka
CompanyPersonShareholderOther roleAdditional link

Public procurement

2 contracts

Public contracts won worth 297 879 € from 2 contracting authorities (24.10.2023–16.07.2025).

Source: Public Procurement Register open data from October 2023. All public tenders

Summary: VENT SYSTEM PROJECT OÜ

Overview

VENT SYSTEM PROJECT OÜ (registry code 11720522) is a private limited company (OÜ). The company was entered in the Commercial Register in 2009 and has been registered for 16 years. Registered location: Narva linn, Ida-Viru maakond. According to the latest annual report, the main activity is installation, repair and maintenance of heating, ventilation and air-conditioning equipment (EMTAK 43221). The company is registered for VAT (VAT number EE101326036).

Financial results

Revenue in financial year 2025 was 1 605 258 €, up 19,8% on the previous year (1 339 395 €). Net profit for financial year 2025 was 3415 € (0,2% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 11 employees (13 a year earlier). Revenue per employee was 145 933 €. At the end of financial year 2025, total assets were 1 105 210 € and equity 489 626 € (44,3% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 338 579 €, down 27,0% on the same quarter a year earlier. The company had 16 employees in that quarter. Labour taxes paid in the quarter: 32 954 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1380 € per month.

Management and owners

The company has one management board member. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 09.06.2026. 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.

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