Reedfly OÜ

Registered
12173639Private limited company (OÜ)Founded 2011
Tax debt 3315 € as of 09.11.2026.Source: Tax and Customs Board

Key figures

187 227 €−23,1%
Revenue 2025
+20,0%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Reedfly OÜ

What kind of company is it?

Reedfly OÜ (registry code 12173639) 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: Kärdla linn, Hiiumaa vald, Hiiu 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 EE101486154).

How is the company doing financially?

Revenue in financial year 2025 was 187 227 €, down 23,1% on the previous year (243 510 €). From 2019 to 2025, revenue grew by an average of 20,0% per year. Financial year 2025 ended with a loss of 4556 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 93 614 €. At the end of financial year 2025, total assets were 95 509 € and equity 57 520 € (60,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 36 623 €, down 41,3% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 3516 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 880 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 3 owners. The largest stake (80%) 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 02.07.2026. 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 202636 623 €33516 €
Q2 202615 686 €21865 €
Q1 20266150 €25111 €
Q4 202538 570 €24362 €
Q3 202562 349 €23193 €
Q2 202545 055 €24989 €
Q1 202528 600 €37580 €

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 revenue130 208175 322243 510243 510187 227
Net profit9652−38 17324 12424 124−4556
Retained earnings39 59449 24611 07335 19759 321
Total assets60 93562 57576 174100 29895 509
Total liabilities893448 74738 22238 22237 989
Total equity52 00113 82837 95262 07657 520
Employees22222
Average gross salary (monthly)612919118211821425
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 obligations1 issue1 note5 clear
Register status
Registered
Business Register
Tax debt
3315 €
as of 09.11.2026
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: 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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20%80%80%Reedfly OÜTarmo LeedisPille Sooster2Siim Sooster
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

9 records

State aid and de minimis aid in total 1290 € (2016–2022). Largest grantors: Riigi Tugiteenuste Keskus (656 €), Põllumajanduse Registrite ja Informatsiooni Amet (634 €).

Show all aid records (9)
202229 €
2021308 €
2020122 €
2019161 €
201811 €
20173 €
2016656 €
GrantorPurposeAmountDate
Riigi Tugiteenuste KeskusNõustamine VTA656 €28.01.2016

The total also includes 8 tax reductions worth 634 € (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 ↗

Annual reportsPDF, XBRL

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

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