Umax OÜ

Registered
12261527Private limited company (OÜ)Founded 2012

Key figures

195 729 €+46,4%
Revenue 2025
+33,3%
Average annual growth 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025

Summary: Umax OÜ

What kind of company is it?

Umax OÜ (registry code 12261527) 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: Rakvere linn, Lääne-Viru maakond. According to the latest annual report, the main activity is other building completion and finishing (EMTAK 43351). The company is registered for VAT (VAT number EE101591900).

How is the company doing financially?

Revenue in financial year 2025 was 195 729 €, up 46,4% on the previous year (133 740 €). From 2019 to 2025, revenue grew by an average of 33,3% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 23 971 € (12,2% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 5 employees (4 a year earlier). Revenue per employee was 39 146 €. At the end of financial year 2025, total assets were 63 847 € and equity 28 741 € (45,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 60 355 €, down 2,1% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 5946 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 770 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is 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 05.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202660 355 €65946 €
Q2 202658 049 €64655 €
Q1 202635 309 €64614 €
Q4 202546 807 €64769 €
Q3 202561 634 €54769 €
Q2 202541 204 €54837 €
Q1 202530 731 €53866 €

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
dividend other equity decrease
20250 €
20240 €
20230 €
20220 €
20210 €
20200 €+10 000 € other
Summary of financial statements2021–2025
20212022202320242025
Sales revenue44 70349 94749 817133 740195 729
Net profit16 47892511 115−28 39123 971
Retained earnings214318 62119 54630 6612270
Total assets23 25526 00539 56934 90263 847
Total liabilities21343959640830 13235 106
Total equity21 12122 04633 161477028 741
Employees11245
Average gross salary (monthly)590698615683796
Calculated dividend00000

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
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
All on time
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
100%Umax OÜRenee Etti
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 7878 € (2022–2025). Largest grantors: Eesti Töötukassa (7878 €).

Show all aid records (2)
20255898 €
20221980 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA5898 €27.01.2025
Eesti TöötukassaPalgatoetus VTA1980 €18.08.2022

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 ↗

Annual reportsPDF, XBRL

Loading list of reports…

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

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