Fennex Partners OÜ
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2025Summary: Fennex Partners OÜ
What kind of company is it?
Fennex Partners OÜ (registry code 12154501) 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: Tammiste küla, Tori vald, Pärnu maakond. According to the latest annual report, the main activity is installation, repair and maintenance of heating, ventilation and air-conditioning equipment (EMTAK 43221). The company is registered for VAT (VAT number EE101518271).
How is the company doing financially?
Revenue in financial year 2025 was 224 253 €, down 24,9% on the previous year (298 547 €). From 2019 to 2025, revenue grew by an average of 1,3% per year. Net profit for financial year 2025 was 8031 € (3,6% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 3 employees (4 a year earlier). Revenue per employee was 74 751 €. At the end of financial year 2025, total assets were 126 677 € and equity 38 962 € (30,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 56 395 €, up 11,3% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 5125 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1180 € 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 04.08.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 56 395 € | 3 | 5125 € |
| Q2 2026 | 56 644 € | 3 | 3740 € |
| Q1 2026 | 21 626 € | 3 | 5256 € |
| Q4 2025 | 76 106 € | 3 | 5323 € |
| Q3 2025 | 50 665 € | 3 | 6261 € |
| Q2 2025 | 58 500 € | 4 | 7036 € |
| Q1 2025 | 50 640 € | 4 | 9175 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 205 904 | 268 365 | 325 837 | 298 547 | 224 253 |
| Net profit | 27 550 | −47 950 | −22 642 | 27 761 | 8031 |
| Retained earnings | 41 704 | 69 534 | 23 303 | 661 | 28 423 |
| Total assets | 130 604 | 105 242 | 104 059 | 131 306 | 126 677 |
| Total liabilities | 58 842 | 81 150 | 100 890 | 100 376 | 87 715 |
| Total equity | 71 762 | 24 092 | 3169 | 30 930 | 38 962 |
| Employees | 2 | 4 | 4 | 4 | 3 |
| Average gross salary (monthly) | 1164 | 1067 | 1145 | 1006 | 1208 |
| Calculated dividend | 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 issue1 note5 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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