Corvettes OÜ
RegisteredKey figures
Ratios
2025Summary: Corvettes OÜ
What kind of company is it?
Corvettes OÜ (registry code 12236920) 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: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is buying and selling of own real estate (EMTAK 68111).
How is the company doing financially?
Revenue in financial year 2025 was 340 500 €, down 54,2% on the previous year (743 700 €). From 2019 to 2025, revenue declined by an average of 10,7% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 25 086 € (7,4% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 170 250 €. At the end of financial year 2025, total assets were 504 174 € and equity 499 165 € (99,0% of assets).
What do the latest quarters show?
Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1130 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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 15.05.2026. 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 | — | 3 | 4853 € |
| Q2 2026 | — | 3 | 4417 € |
| Q1 2026 | — | 3 | 3825 € |
| Q4 2025 | — | 2 | 4062 € |
| Q3 2025 | — | 2 | 3844 € |
| Q2 2025 | — | 2 | 4171 € |
| Q1 2025 | — | 2 | 4093 € |
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.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 1 240 268 | 1 222 400 | 1 073 140 | 743 700 | 340 500 |
| Net profit | 109 088 | 114 914 | 82 493 | 30 583 | 25 086 |
| Retained earnings | 374 100 | 487 188 | 568 102 | 439 496 | 470 079 |
| Total assets | 503 436 | 679 012 | 666 210 | 484 166 | 504 174 |
| Total liabilities | 16 248 | 72 910 | 11 615 | 10 087 | 5009 |
| Total equity | 487 188 | 606 102 | 654 595 | 474 079 | 499 165 |
| Employees | 2 | 2 | 2 | 2 | 2 |
| Average gross salary (monthly) | 1152 | 1260 | 1376 | 1320 | 1342 |
| Calculated dividend | 0 | 0 | 34 000 | 211 099 | 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.
Connections graph
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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