OÜ VestifexRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 31 139 € | 10 | 7930 € |
| Q2 2026 | 34 889 € | 12 | 12 897 € |
| Q1 2026 | 47 292 € | 17 | 14 212 € |
| Q4 2025 | 20 216 € | 14 | 13 835 € |
| Q3 2025 | 27 603 € | 14 | 12 697 € |
| Q2 2025 | 44 746 € | 11 | 13 851 € |
| Q1 2025 | 20 933 € | 12 | 13 172 € |
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
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 337 824 | 312 846 | 434 677 | 251 893 | 215 736 | 530 720 | 460 182 |
| Total non-current assets | 506 | 252 | 1308 | 1690 | 2518 | 1269 | 19 467 |
| Total assets | 338 330 | 313 098 | 435 985 | 253 583 | 218 254 | 531 989 | 479 649 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 8516 | 6082 | 13 030 | 15 141 | 11 444 | 457 944 | 19 172 |
| Non-current liabilities | 287 696 | 262 626 | 376 446 | 165 517 | 133 245 | 0 | 386 316 |
| Total liabilities | 296 212 | 268 708 | 389 476 | 180 658 | 144 689 | 457 944 | 405 488 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 37 580 | 39 618 | 41 890 | 44 009 | 70 425 | 71 065 | 71 545 |
| Profit for the year | 2038 | 2272 | 2119 | 26 416 | 640 | 480 | 116 |
| Total equity | 42 118 | 44 390 | 46 509 | 72 925 | 73 565 | 74 045 | 74 161 |
| Income statement | |||||||
| Sales revenue | 37 048 | 46 294 | 54 358 | 96 555 | 62 542 | 45 078 | 127 075 |
| Operating profit | 2038 | 2272 | 2119 | 26 416 | 640 | 480 | 350 |
| EBITDA | 2323 | 2508 | 2295 | 26 859 | 1866 | 1710 | 3025 |
| Profit before income tax | 2038 | 2272 | 2119 | 26 416 | 640 | 480 | 116 |
| Profit for the reporting year | 2038 | 2272 | 2119 | 26 416 | 640 | 480 | 116 |
| Labour costs | 8432 | 27 705 | 27 161 | 78 067 | 105 898 | 91 399 | 155 734 |
| Depreciation of non-current assets | 285 | 236 | 176 | 443 | 1226 | 1230 | 2675 |
| Other indicators | |||||||
| Employees | 2 | 4 | 3 | 5 | 5 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 |
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 note4 clear
Data from public registers, not a credit rating.
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Public procurement
2 contractsPublic contracts won worth 0 € from 1 contracting authorities (06.06.2026–06.06.2026). Plus 2 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Raamhange hariduse ja oskuste arendamise valdkonnaga seotud tööde ja teenuste ostmiseks · Õppe- ja oskuste arendamine | Sihtasutus Eesti Rahvusvahelise Arengukoostöö Keskus | up to 6 000 000 € | 06.06.2026 |
| Raamhange hariduse ja oskuste arendamise valdkonnaga seotud tööde ja teenuste ostmiseks · Inimeste ja organisatsioonide võimestamine | Sihtasutus Eesti Rahvusvahelise Arengukoostöö Keskus | up to 3 000 000 € | 06.06.2026 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: OÜ Vestifex
Overview
OÜ Vestifex (registry code 12048621) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 15 years. Registered location: Narva-Jõesuu linn, Ida-Viru maakond. According to the latest annual report, the main activity is other education n.e.c. (EMTAK 85599). The company is registered for VAT (VAT number EE101503477).
Financial results
Revenue in financial year 2025 was 127 075 €, up 182% on the previous year (45 078 €). From 2019 to 2025, revenue grew by an average of 22,8% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 116 € (0,1% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 63 538 €. At the end of financial year 2025, total assets were 479 649 € and equity 74 161 € (15,5% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 31 139 €, up 12,8% on the same quarter a year earlier. The company had 10 employees in that quarter. Labour taxes paid in the quarter: 7930 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 660 € per month.
Management and owners
The company has one management board member. The sole owner of the company is 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. Latest register change: 13.10.2026. 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.