Faster OÜ

Registered
12249383Private limited company (OÜ)Founded 2012

Key figures

782 734 €−20,1%
Revenue 2025
+18,1%
Average annual growth 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025

Summary: Faster OÜ

What kind of company is it?

Faster OÜ (registry code 12249383) 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: Tõrvandi alevik, Kambja vald, Tartu maakond. According to the latest annual report, the main activity is construction of other civil engineering projects n.e.c. (EMTAK 42991). The company is registered for VAT (VAT number EE101699284).

How is the company doing financially?

Revenue in financial year 2025 was 782 734 €, down 20,1% on the previous year (979 771 €). From 2019 to 2025, revenue grew by an average of 18,1% per year. Financial year 2025 ended with a loss of 85 500 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 10 employees (14 a year earlier). Revenue per employee was 78 273 €. At the end of financial year 2025, total assets were 627 921 € and equity 517 239 € (82,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 94 365 €, down 56,4% on the same quarter a year earlier. The company had 10 employees in that quarter. Labour taxes paid in the quarter: 30 536 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1950 € 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 21.08.2026. 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 202694 365 €1030 536 €
Q2 2026133 538 €1717 430 €
Q1 2026168 204 €816 174 €
Q4 2025227 428 €821 419 €
Q3 2025216 297 €724 357 €
Q2 2025158 848 €1221 299 €
Q1 2025194 013 €918 205 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
202499 999 €
2023100 000 €
202212 000 €
202112 000 €
202010 000 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue677 371693 7711 278 815979 771782 734
Net profit79 26779 465345 713145 431−85 500
Retained earnings162 362229 629209 094454 808600 239
Total assets286 229383 175719 451680 375627 921
Total liabilities42 10071 581162 14477 636110 682
Total equity244 129311 594557 307602 739517 239
Employees1112191410
Average gross salary (monthly)101989296412061360
Calculated dividend12 00012 000100 00099 9990

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 note6 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
Filed late: 2023, 2024, 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
50%50%Faster OÜMartin RannamäeRivo Rannamäe
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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