OÜ VeevaradRegistered

12251204Private limited company (OÜ)Founded 2012
Annual report for 2025 not filed.

Key figures

46 209 €+72,9%
Revenue 2024
+14,3%
Average annual growth 2019–2024
020 k40 k60 k201920202021202220232024

Ratios

2024
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k201920202021202220232024
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20263629 €10 €
Q2 2026275 €10 €
Q1 20261098 €10 €
Q4 20255856 €10 €
Q3 20259930 €10 €
Q2 20257585 €10 €
Q1 202523 154 €10 €

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

Summary of financial statements2019–2024
201920202021202220232024
Balance sheet — assets
Total current assets1307319299796593018 852
Total non-current assets71 97175 17270 87274 52666 44663 496
Total assets73 27875 49171 17182 49167 37682 348
Balance sheet — liabilities and equity
Current liabilities11 3645732104617881804885
Non-current liabilities16 00913 33421 64624 93624 93630 813
Total liabilities27 37319 06622 69226 72426 74031 698
Share capital250025002500250025002500
Retained earnings of previous periods44 70043 89553 92545 97953 26838 136
Profit for the year−129510 029−79457288−15 13210 014
Total equity45 90556 42548 47955 76740 63650 650
Income statement
Sales revenue23 68635 59827 89849 77726 72046 209
Operating profit−122710 443−79457288−11 04210 014
EBITDA554819 243165518 13433822 230
Profit before income tax−129510 029−79457288−15 13210 014
Profit for the reporting year−129510 029−79457288−15 13210 014
Labour costs000000
Depreciation of non-current assets67758800960010 84611 38012 216
Other indicators
Employees000000
Calculated dividend—00000

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 issue4 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)
Annual report filing
2/3 filed
Not filed: 2025
Filed late: 2023, 2024
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%OÜ Veevarad1Ardo Armuand
CompanyPersonShareholderOther roleAdditional link

Public procurement

1 contracts

Public contracts won worth 58 000 € from 1 contracting authorities (19.09.2024–19.09.2024).

TenderContracting authorityAmountAwarded
Lumetõrje Saaremaa vallas · ImaraSaaremaa Vallavalitsus58 000 €19.09.2024

Source: Public Procurement Register open data from October 2023. All public tenders

Annual reportsPDF, XBRL

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

Summary: OÜ Veevarad

Overview

OÜ Veevarad (registry code 12251204) 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: Salme alevik, Saaremaa vald, Saare maakond. According to the latest annual report, the main activity is other excavation and earthmoving work (EMTAK 43129). The company is registered for VAT (VAT number EE101858151).

Financial results

Revenue in financial year 2024 was 46 209 €, up 72,9% on the previous year (26 720 €). From 2019 to 2024, revenue grew by an average of 14,3% per year. Net profit for financial year 2024 was 10 014 € (21,7% of revenue). The company was profitable in 3 of the 6 published financial years. According to the report, the company had no employees in financial year 2024. At the end of financial year 2024, total assets were 82 348 € and equity 50 650 € (61,5% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 3629 €, down 63,5% on the same quarter a year earlier. The company had 1 employees in that quarter.

Management and owners

The company has one management board member. The sole owner of the company is a private individual.

Points to note

The annual report for financial year 2025 has not been filed on time.

Data sources and freshness

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 2024) was filed on 01.09.2025. 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.

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