VGFS Financial Services Estonia OÜRegistered
Key figures
2 518 230 €−21,0%
Revenue 2025
+18,2%
Average annual growth 2019–2025
Ratios
202510,5%
Profit margin
8,6%
Equity ratio
0,9×
Current ratio
11,4%
Return on equity
5491 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 2 229 085 € | 2 | 18 569 € |
| Q1 2026 | 2 887 683 € | 3 | 14 715 € |
| Q4 2025 | 2 374 592 € | 3 | 16 099 € |
| Q3 2025 | 1 875 640 € | 3 | 15 787 € |
| Q2 2025 | 1 753 803 € | 3 | 19 154 € |
| Q1 2025 | 2 322 282 € | 3 | 14 661 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2024
Distributed as dividends 289 000 € (18% of distributable profit).
History
2024289 000 €
20230 €
20220 €
20210 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 † | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 † | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 11 347 407 | 9 771 994 | 10 639 738 | 11 557 005 | 10 669 314 | 10 600 846 | 9 125 977 |
| Total non-current assets | 23 032 480 | 22 650 827 | 22 529 860 | 25 225 977 | 25 100 104 | 20 924 893 | 18 104 854 |
| Total assets | 34 379 887 | 32 422 821 | 33 169 598 | 36 782 982 | 35 769 418 | 31 525 739 | 27 230 831 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 11 049 986 | 11 433 818 | 12 157 425 | 12 283 772 | 12 700 063 | 10 823 970 | 10 244 319 |
| Non-current liabilities | 22 687 080 | 20 093 598 | 19 661 594 | 22 431 257 | 20 855 202 | 18 390 919 | 14 655 750 |
| Total liabilities | 33 737 066 | 31 527 416 | 31 819 019 | 34 715 029 | 33 555 265 | 29 214 889 | 24 900 069 |
| Share capital | 600 000 | 600 000 | 600 000 | 600 000 | 600 000 | 600 000 | 600 000 |
| Retained earnings of previous periods | −70 363 | 42 821 | 295 405 | 750 579 | 1 467 953 | 1 325 153 | 1 465 850 |
| Profit for the year | 113 184 | 252 584 | 455 174 | 717 374 | 146 200 | 385 697 | 264 912 |
| Total equity | 642 821 | 895 405 | 1 350 579 | 2 067 953 | 2 214 153 | 2 310 850 | 2 330 762 |
| Income statement | |||||||
| Sales revenue | 924 742 | 2 014 885 | 2 020 926 | 2 351 744 | 3 282 961 | 3 187 861 | 2 518 230 |
| Operating profit | 113 226 | 252 650 | 455 588 | 717 392 | 146 736 | 438 959 | 324 060 |
| EBITDA | 114 162 | 1 316 180 | 1 575 373 | — | — | — | — |
| Profit before income tax | 113 184 | 252 584 | 455 174 | 717 374 | 146 200 | 457 947 | 332 040 |
| Profit for the reporting year | 113 184 | 252 584 | 455 174 | 717 374 | 146 200 | 385 697 | 264 912 |
| Labour costs | 79 177 | 92 743 | 83 264 | 113 705 | 153 691 | 158 628 | 153 212 |
| Depreciation of non-current assets | 936 | 1 063 530 | 1 119 785 | — | — | — | — |
| Other indicators | |||||||
| Employees | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
| Calculated dividend | — | — | 0 | 0 | 0 | 289 000 | — |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report. † Figures for the marked years come from a report filed as PDF and may be incomplete.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Other financial services n.e.c., except insurance and pension funding
Same address