RL Varad OÜ

Registered
12120703Private limited company (OÜ)Founded 2011

Key figures

275 053 €−10,0%
Revenue 2025
+9,9%
Average annual growth 2019–2025
0100 k200 k300 k400 k2019202020212022202320242025

Ratios

2025

Summary: RL Varad OÜ

What kind of company is it?

RL Varad OÜ (registry code 12120703) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is agents specialised in the sale of other particular products (EMTAK 46181). The company is registered for VAT (VAT number EE101470322).

How is the company doing financially?

Revenue in financial year 2025 was 275 053 €, down 10,0% on the previous year (305 647 €). From 2019 to 2025, revenue grew by an average of 9,9% per year. Net profit for financial year 2025 was 11 733 € (4,3% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 275 053 €. At the end of financial year 2025, total assets were 1 451 725 € and equity 530 645 € (36,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 64 397 €, down 21,3% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1276 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 940 € 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 16.10.2026. 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 202664 397 €11276 €
Q2 202631 768 €11164 €
Q1 202637 643 €11108 €
Q4 202524 114 €11141 €
Q3 202581 847 €11067 €
Q2 2025131 940 €11106 €
Q1 202532 055 €11080 €

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

Dividends

calculated
2025

Distributed as dividends 26 375 € (5% of distributable profit).

History
202526 375 €
20240 €
20230 €
20220 €
2021 ~172 921 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue179 502349 351199 715305 647275 053
Net profit856546 63390 877345 79411 733
Retained earnings50 80659 371106 004196 993516 412
Total assets305 741344 100787 9871 476 5931 451 725
Total liabilities243 870235 596588 606931 306921 080
Total equity61 871108 504199 381545 287530 645
Employees11111
Average gross salary (monthly)781396—897902
Calculated dividend172 92100026 375

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 note6 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
Filed late: 2023, 2025
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

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100%RL Varad OÜ7Rein Liiva
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 785 € (2024–2025). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (785 €).

Show all aid records (2)
2025407 €
2024378 €

The total also includes 2 tax reductions worth 785 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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 ↗

Change history

1 change
  • 09.11.2026*Annual report 2025 filed

Entered in the register on 15.06.2011.

Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).

Annual reportsPDF, XBRL

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

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