Vesikaar OÜ

Registered
12144810Private limited company (OÜ)Founded 2011

Key figures

1 641 238 €+351,0%
Revenue 2025
+18,1%
Average annual growth 2019–2025
0500 k1 m1,5 m2 m2019202020212022202320242025

Ratios

2025

Summary: Vesikaar OÜ

What kind of company is it?

Vesikaar OÜ (registry code 12144810) 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: Silla küla, Pärnu linn, Pärnu 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 EE101551827).

How is the company doing financially?

Revenue in financial year 2025 was 1 641 238 €, up 351% on the previous year (363 929 €). From 2019 to 2025, revenue grew by an average of 18,1% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 77 341 € (4,7% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 10 employees (8 a year earlier). Revenue per employee was 164 124 €. At the end of financial year 2025, total assets were 154 207 € and equity 110 031 € (71,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 87 663 €, down 80,1% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 12 824 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1250 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 19.02.2026. 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 202687 663 €712 824 €
Q2 2026282 590 €613 258 €
Q1 2026218 808 €612 459 €
Q4 2025315 869 €618 623 €
Q3 2025441 124 €820 400 €
Q2 2025593 734 €919 038 €
Q1 2025316 054 €816 238 €

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 revenue332 901375 327338 650363 9291 641 238
Net profit−49 268−13 079289210 75977 341
Retained earnings76 38527 11714 03816 93027 690
Total assets75 335104 334105 723178 388154 207
Total liabilities48 21890 29688 793145 69944 176
Total equity27 11714 03816 93032 689110 031
Employees878810
Average gross salary (monthly)10861341120511831137
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.

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50%50%Vesikaar OÜVeikko Martinson2Indrek Kruuse
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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