OÜ IVAZO Paljassaare
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2025Summary: OÜ IVAZO Paljassaare
What kind of company is it?
OÜ IVAZO Paljassaare (registry code 12225075) 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: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is wholesale of waste and scrap; collection of containers and packaging (EMTAK 46871). The company is registered for VAT (VAT number EE101549732).
How is the company doing financially?
Revenue in financial year 2025 was 356 663 €, down 3,4% on the previous year (369 181 €). From 2019 to 2025, revenue declined by an average of 1,6% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 5073 € (1,4% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 7 employees (6 a year earlier). Revenue per employee was 50 952 €. At the end of financial year 2025, total assets were 128 496 € and equity 97 834 € (76,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 63 383 €, up 26,0% on the same quarter a year earlier. The company had 10 employees in that quarter. Labour taxes paid in the quarter: 4703 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 480 € 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 (33,4%) 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. Latest register change: 06.10.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 10.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 63 383 € | 10 | 4703 € |
| Q2 2026 | 61 704 € | 10 | 4382 € |
| Q1 2026 | 37 823 € | 10 | 4082 € |
| Q4 2025 | 33 568 € | 9 | 4371 € |
| Q3 2025 | 50 314 € | 9 | 6439 € |
| Q2 2025 | 60 032 € | 9 | 5719 € |
| Q1 2025 | 23 839 € | 7 | 5036 € |
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 | 523 724 | 538 225 | 385 282 | 369 181 | 356 663 |
| Net profit | 12 738 | 6097 | 569 | 3944 | 5073 |
| Retained earnings | 66 913 | 79 651 | 85 748 | 86 317 | 90 261 |
| Total assets | 179 859 | 140 275 | 136 188 | 119 690 | 128 496 |
| Total liabilities | 97 708 | 52 027 | 47 371 | 26 929 | 30 662 |
| Total equity | 82 151 | 88 248 | 88 817 | 92 761 | 97 834 |
| Employees | 7 | 6 | 7 | 6 | 7 |
| Average gross salary (monthly) | 632 | 475 | 667 | 779 | 609 |
| 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 obligationsAll clear
Data from public registers, not a credit rating.
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State aid and grants
7 recordsState aid and de minimis aid in total 8374 € (2020–2025). Largest grantors: Eesti Töötukassa (7066 €), Ettevõtluse ja Innovatsiooni Sihtasutus (1308 €).
Show all aid records (7)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 2375 € | 03.06.2025 |
| Eesti Töötukassa | Palgatoetus VTA | 242 € | 09.10.2024 |
| Eesti Töötukassa | Palgatoetus VTA | 272 € | 01.01.2024 |
| Eesti Töötukassa | Palgatoetus VTA | 816 € | 20.01.2023 |
| Eesti Töötukassa | Palgatoetus VTA | 3362 € | 29.01.2021 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 708 €* | 24.01.2021 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 600 €* | 16.03.2020 |
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
2 changes- 09.11.2026*Address changed: Harju maakond, Tallinn, Põhja-Tallinna linnaosa, Paljassaare tee 7 · previously: Harju maakond, Tallinn, Põhja-Tallinna linnaosa, Paljassaare tee 17
- 06.10.2026Registry entry changed
Entered in the register on 24.01.2012.
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).
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