Narvo OÜ
RegisteredKey figures
Ratios
2025Summary: Narvo OÜ
What kind of company is it?
Narvo OÜ (registry code 12211133) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 14 years. Registered location: Kehra linn, Anija vald, Harju maakond. According to the latest annual report, the main activity is sawing and planing of wood (EMTAK 16111). The company is registered for VAT (VAT number EE101505462).
How is the company doing financially?
Revenue in financial year 2025 was 256 479 €, up 36,0% on the previous year (188 597 €). From 2019 to 2025, revenue declined by an average of 11,4% per year. Net profit for financial year 2025 was 10 085 € (3,9% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 85 493 €. At the end of financial year 2025, total assets were 440 961 € and equity 23 707 € (5,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 97 983 €, down 25,0% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 6483 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 740 € 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 03.09.2026. 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 | 97 983 € | 7 | 6483 € |
| Q2 2026 | 116 304 € | 7 | 8808 € |
| Q1 2026 | 90 303 € | 7 | 9472 € |
| Q4 2025 | 52 872 € | 5 | 6540 € |
| Q3 2025 | 130 608 € | 5 | 6520 € |
| Q2 2025 | 78 646 € | 6 | 6078 € |
| Q1 2025 | 57 695 € | 5 | 6204 € |
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.
Equity decreased by 69 000 € in ways other than from retained earnings — e.g. a share capital reduction, a payout from other reserves or a revaluation reserve adjustment. The open data does not show whether this was a payout to the owners.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 250 559 | 117 058 | 93 336 | 188 597 | 256 479 |
| Net profit | 13 066 | 6199 | 998 | −20 935 | 10 085 |
| Retained earnings | 7294 | 20 360 | 26 559 | 27 557 | 6622 |
| Total assets | 360 586 | 371 056 | 389 615 | 458 044 | 440 961 |
| Total liabilities | 264 226 | 268 497 | 286 058 | 375 422 | 417 254 |
| Total equity | 96 360 | 102 559 | 103 557 | 82 622 | 23 707 |
| Employees | 10 | 6 | 4 | 2 | 3 |
| Average gross salary (monthly) | 1074 | 910 | 572 | 3335 | 1709 |
| 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.
Connections graph
Click a node to see its other connections.
State aid and grants
12 recordsState aid and de minimis aid in total 69 586 € (2014–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (64 480 €), Ettevõtluse ja Innovatsiooni Sihtasutus (5105 €).
Show all aid records (12)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 820 €* | 18.04.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 730 €* | 26.04.2017 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 2008 € | 07.02.2017 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 60 000 € | 12.09.2016 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 372 €* | 18.05.2016 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 590 €* | 03.03.2015 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 585 €* | 28.04.2014 |
The total also includes 5 tax reductions worth 4480 € (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- 12.10.2026*Annual report 2025 filed
Entered in the register on 29.12.2011.
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
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- Ericsson Eesti Aktsiaselts417 m €
- Enefit Industry OÜ320 m €
- VKG OIL AS274 m €
- Foxway OÜ251 m €
- AS Maag Eesti191 m €