VMV Lines OÜ

Registered
11959131Private limited company (OÜ)Founded 2010

Key figures

262 136 €+47,5%
Revenue 2025
+45,9%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: VMV Lines OÜ

What kind of company is it?

VMV Lines OÜ (registry code 11959131) 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: Haapsalu linn, Lääne maakond. According to the latest annual report, the main activity is freight transport by road (EMTAK 49411). The company is registered for VAT (VAT number EE101433110).

How is the company doing financially?

Revenue in financial year 2025 was 262 136 €, up 47,5% on the previous year (177 726 €). From 2019 to 2025, revenue grew by an average of 45,9% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 1248 € (0,5% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 4 employees (3 a year earlier). Revenue per employee was 65 534 €. At the end of financial year 2025, total assets were 110 136 € and equity 13 104 € (11,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 83 554 €, up 22,2% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 4892 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 910 € 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 29.06.2026. 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 202683 554 €44892 €
Q2 202686 432 €44755 €
Q1 202667 824 €44458 €
Q4 202584 552 €44675 €
Q3 202568 372 €43850 €
Q2 202557 854 €33282 €
Q1 202534 684 €33654 €

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
dividend other equity decrease
20250 €
20240 €
20230 €
20220 €
20210 €+5000 € other
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue31 882165 382160 196177 726262 136
Net profit45201876108856241248
Retained earnings−4070456233234209044
Total assets56 11595 26779 50183 028110 136
Total liabilities52 85390 12373 26971 17297 032
Total equity32625144623211 85613 104
Employees23334
Average gross salary (monthly)—463733803764
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
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%VMV Lines OÜ1Marvel Merilainen
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 69 € (2017). Largest grantors: Riigi Tugiteenuste Keskus (69 €).

Show all aid records (1)
201769 €
GrantorPurposeAmountDate
Riigi Tugiteenuste KeskusMuu69 €26.09.2017

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

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

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