Narmet OÜ

Registered
11988090Private limited company (OÜ)Founded 2010

Key figures

257 135 €−11,9%
Revenue 2025
+8,3%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Narmet OÜ

What kind of company is it?

Narmet OÜ (registry code 11988090) 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: Tõrva linn, Tõrva vald, Valga maakond. According to the latest annual report, the main activity is restaurant and café activities (EMTAK 56111). The company is registered for VAT (VAT number EE101397049).

How is the company doing financially?

Revenue in financial year 2025 was 257 135 €, down 11,9% on the previous year (291 831 €). From 2019 to 2025, revenue grew by an average of 8,3% per year. Net profit for financial year 2025 was 996 € (0,4% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 6 employees. Revenue per employee was 42 856 €. At the end of financial year 2025, total assets were 197 487 € and equity 72 493 € (36,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 116 956 €, up 7,3% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 7423 €. 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 26.06.2026. 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 2026116 956 €67423 €
Q2 202648 439 €75776 €
Q1 202645 209 €78048 €
Q4 202549 185 €77896 €
Q3 2025108 955 €77113 €
Q2 202555 249 €56799 €
Q1 202543 631 €76963 €

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 revenue160 139241 168285 488291 831257 135
Net profit19510 98732 28713 643996
Retained earnings6396659116 77949 06662 709
Total assets57 20350 00873 489160 483197 487
Total liabilities42 62324 44115 63588 986124 994
Total equity14 58025 56757 85471 49772 493
Employees56666
Average gross salary (monthly)427685756759842
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
100%Narmet OÜTeddy Russak
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

4 records

State aid and de minimis aid in total 5945 € (2018–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (4132 €), Eesti Töötukassa (1748 €), Riigi Tugiteenuste Keskus (65 €).

Show all aid records (4)
20261201 €
2022546 €
20204132 €
201865 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA1201 €15.06.2026
Eesti TöötukassaPalgatoetus VTA546 €31.03.2022
Ettevõtluse ja Innovatsiooni SihtasutusKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"4132 €02.06.2020
Riigi Tugiteenuste KeskusMuu65 €29.03.2018

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.

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