Jaxel OÜ

Registered
11922783Private limited company (OÜ)Founded 2010

Key figures

353 291 €−36,3%
Revenue 2025
+2,0%
Average annual growth 2019–2025
0200 k400 k600 k800 k2019202020212022202320242025

Ratios

2025

Summary: Jaxel OÜ

What kind of company is it?

Jaxel OÜ (registry code 11922783) is a private limited company (OÜ). The company was entered in the Commercial Register in 2010 and has been registered for 16 years. Registered location: Kobela alevik, Antsla vald, Võru maakond. According to the latest annual report, the main activity is sawing and planing of wood (EMTAK 16111). The company is registered for VAT (VAT number EE101620949).

How is the company doing financially?

Revenue in financial year 2025 was 353 291 €, down 36,3% on the previous year (554 452 €). From 2019 to 2025, revenue grew by an average of 2,0% per year. Net profit for financial year 2025 was 4735 € (1,3% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 7 employees. Revenue per employee was 50 470 €. At the end of financial year 2025, total assets were 477 247 € and equity 306 432 € (64,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 49 457 €, up 10,1% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 6322 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 720 € 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 11.03.2026. 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 202649 457 €76322 €
Q2 2026108 203 €79363 €
Q1 2026131 911 €715 219 €
Q4 202551 703 €1012 081 €
Q3 202544 923 €1016 440 €
Q2 2025129 319 €1014 340 €
Q1 2025155 734 €1012 950 €

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 revenue447 065726 616706 545554 452353 291
Net profit201 146176 286−127 63145174735
Retained earnings40 935242 081418 367294 368298 885
Total assets461 548569 498453 196447 954477 247
Total liabilities216 655148 319159 648146 257170 815
Total equity244 893421 179293 548301 697306 432
Employees88777
Average gross salary (monthly)5851011123713001380
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.

Connections graph

Click a node to see its other connections.

100%Jaxel OÜ4Taivo Tuusis
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

4 records

State aid and de minimis aid in total 78 111 € (2015–2025). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (69 584 €), Eesti Töötukassa (8527 €).

Show all aid records (4)
20254057 €
20214470 €
201569 584 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA4057 €06.03.2025
Eesti TöötukassaPalgatoetus VTA3300 €01.07.2021
Eesti TöötukassaPalgatoetus VTA1170 €10.05.2021
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud69 584 €11.09.2015

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