OÜ Polar Finance

Registered
11942260Private limited company (OÜ)Founded 2010
Annual report for 2025 not filed.

Key figures

129 516 €+35,3%
Revenue 2024/25
−15,2%
Average annual change 2019–2024/25
0100 k200 k300 k201920202021202220232024/25

Ratios

2024/25

Summary: OÜ Polar Finance

What kind of company is it?

OÜ Polar Finance (registry code 11942260) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other credit granting, except pawnshops (EMTAK 64929). The company is registered for VAT (VAT number EE102924806).

How is the company doing financially?

Revenue in financial year 2024/25 was 129 516 €, up 35,3% on the previous year (95 720 €). From 2019 to 2024/25, revenue declined by an average of 15,2% per year. Financial year 2024/25 ended with a loss of 297 053 €. The company was profitable in 3 of the 6 published financial years. In financial year 2024/25 the company had 1 employees. Revenue per employee was 129 516 €. At the end of financial year 2024/25, total assets were 6 404 110 € and equity 5 537 304 € (86,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 42 €. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2219 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1470 € 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.

What should you look out for?

The annual report for financial year 2025 has not been filed on time.

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 2024/25) was filed on 04.12.2025. 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 202642 €12219 €
Q2 20260 €12219 €
Q1 20260 €12361 €
Q4 2025240 134 €12646 €
Q3 2025—12646 €
Q2 2025—12646 €
Q1 2025—12579 €

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

Dividends

calculated
2024/25

Distributed as dividends 40 000 € (1% of distributable profit).

History
2024/2540 000 €
2023170 000 €
20220 €
202150 000 €
20200 €
Summary of financial statements2020–2024
20202021202220232024/25
Sales revenue283 259215 533193 70095 720129 516
Net profit−12 002285 084128 754−791 604−297 053
Retained earnings6 481 3096 419 3076 704 3916 663 1455 831 541
Total assets7 146 3828 733 8088 049 0567 235 7716 404 110
Total liabilities674 2592 026 6011 213 0951 361 414866 806
Total equity6 472 1236 707 2076 835 9615 874 3575 537 304
Employees11111
Average gross salary (monthly)13041345135214432595
Calculated dividend050 0000170 00040 000

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 issue7 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
2/3 filed
Not filed: 2025
Filed late: 2023
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2024 annual report
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%OÜ Polar Finance4Janek Kukk
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL
YearFiles
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL
2019DDOC/BDOCPDFXBRL

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

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