AZELTA Projekt OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 802 569 € | 5 | 18 574 € |
| Q2 2026 | 1 068 901 € | 4 | 25 309 € |
| Q1 2026 | 1 803 538 € | 5 | 20 747 € |
| Q4 2025 | 2 039 415 € | 5 | 20 183 € |
| Q3 2025 | 1 034 948 € | 5 | 21 294 € |
| Q2 2025 | 527 307 € | 5 | 18 672 € |
| Q1 2025 | 1 240 874 € | 5 | 18 689 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 1 341 659 | 1 094 163 | 872 049 | 929 121 | 777 470 | 698 680 | 671 434 |
| Total non-current assets | 83 913 | 174 502 | 245 033 | 119 767 | 159 827 | 267 990 | 273 408 |
| Total assets | 1 425 572 | 1 268 665 | 1 117 082 | 1 048 888 | 937 297 | 966 670 | 944 842 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 938 937 | 729 411 | 547 056 | 400 119 | 303 126 | 326 258 | 284 039 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 938 937 | 729 411 | 547 056 | 400 119 | 303 126 | 326 258 | 284 039 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 354 777 | 484 135 | 536 753 | 546 026 | 600 642 | 631 671 | 637 912 |
| Profit for the year | 129 358 | 52 619 | 30 773 | 100 243 | 31 029 | 6241 | 20 391 |
| Total equity | 486 635 | 539 254 | 570 026 | 648 769 | 634 171 | 640 412 | 660 803 |
| Income statement | |||||||
| Sales revenue | 6 499 449 | 6 258 945 | 3 431 404 | 5 033 691 | 3 777 740 | 4 676 162 | 4 933 710 |
| Operating profit | 130 185 | 52 037 | 27 761 | 97 106 | 41 789 | 5414 | 19 629 |
| EBITDA | 133 475 | 64 640 | 46 012 | 116 981 | 72 674 | 43 370 | 42 531 |
| Profit before income tax | 130 233 | 52 619 | 30 773 | 105 516 | 41 811 | 6241 | 20 391 |
| Profit for the reporting year | 129 358 | 52 619 | 30 773 | 100 243 | 31 029 | 6241 | 20 391 |
| Labour costs | 117 933 | 106 216 | 132 390 | 170 778 | 176 489 | 170 109 | 178 980 |
| Depreciation of non-current assets | 3290 | 12 603 | 18 251 | 19 875 | 30 885 | 37 956 | 22 902 |
| Other indicators | |||||||
| Employees | 5 | 6 | 6 | 6 | 6 | 5 | 5 |
| Calculated dividend | — | 0 | 0 | 21 500 | 45 627 | 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 obligations2 notes4 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 (07.11.2023–06.02.2025). Plus 2 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Riiklike messistendide näitusetarvikute rent ja paigaldus 2025-2027 (Rental and Installation of Exhibition Accessories of National Trade Fair Stands 2025–2027) · joint bid | Ettevõtluse ja Innovatsiooni Sihtasutus | up to 3 700 000 € | 06.02.2025 |
| Riiklike messistendide näitusetarvikute rent ja paigaldus 2024-2025 · joint bid | Ettevõtluse ja Innovatsiooni Sihtasutus | up to 2 500 000 € | 07.11.2023 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: AZELTA Projekt OÜ
Overview
AZELTA Projekt OÜ (registry code 12058358) 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: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE101435192).
Financial results
Revenue in financial year 2025 was 4 933 710 €, up 5,5% on the previous year (4 676 162 €). From 2019 to 2025, revenue declined by an average of 4,5% per year. Net profit for financial year 2025 was 20 391 € (0,4% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 5 employees. Revenue per employee was 986 742 €. At the end of financial year 2025, total assets were 944 842 € and equity 660 803 € (69,9% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 802 569 €, down 22,5% on the same quarter a year earlier. The company had 5 employees in that quarter. Labour taxes paid in the quarter: 18 574 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2320 € 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. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 27.06.2026. 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.