Armitec OÜ

Registered
12216254Private limited company (OÜ)Founded 2012

Key figures

115 429 €−23,7%
Revenue 2025
−8,1%
Average annual change 2019–2025
0100 k200 k300 k400 k2019202020212022202320242025

Ratios

2025

Summary: Armitec OÜ

What kind of company is it?

Armitec OÜ (registry code 12216254) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 and has been registered for 14 years. Registered location: Arkna küla, Rakvere vald, Lääne-Viru maakond. According to the latest annual report, the main activity is other construction installation (EMTAK 43241). The company is registered for VAT (VAT number EE101523499).

How is the company doing financially?

Revenue in financial year 2025 was 115 429 €, down 23,7% on the previous year (151 321 €). From 2019 to 2025, revenue declined by an average of 8,1% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 388 € (0,3% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 57 715 €. At the end of financial year 2025, total assets were 145 990 € and equity 76 597 € (52,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 44 232 €, up 64,0% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 2405 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 550 € 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 13.06.2026. 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 202644 232 €42405 €
Q2 202644 710 €42441 €
Q1 202614 261 €32929 €
Q4 202539 148 €42846 €
Q3 202526 972 €33195 €
Q2 202532 811 €32481 €
Q1 202534 206 €31659 €

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 revenue301 955267 587169 428151 321115 429
Net profit31 50615 731−26 0676071388
Retained earnings46 15777 66293 39367 32773 397
Total assets164 697225 028186 759173 514145 990
Total liabilities84 222128 823116 62197 30469 393
Total equity80 47596 20570 13876 21076 597
Employees43212
Average gross salary (monthly)922100011001447827
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.

Connections graph
100%Armitec OÜAarne Miller
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 109 € (2018–2019). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (109 €).

Show all aid records (2)
2019102 €
20187 €

The total also includes 2 tax reductions worth 109 € (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

Loading list of reports…

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

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