LexVel OÜ
RegisteredKey figures
Ratios
2023Summary: LexVel OÜ
What kind of company is it?
LexVel OÜ (registry code 12308915) 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: Külitse alevik, Kambja vald, Tartu maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41201). The company is registered for VAT (VAT number EE101556819).
How is the company doing financially?
Revenue in financial year 2023 was 275 990 €, up 145% on the previous year (112 716 €). From 2019 to 2023, revenue grew by an average of 44,0% per year. This is the company's highest revenue among the published years (2019–2023). Net profit for financial year 2023 was 62 909 € (22,8% of revenue). The company was profitable in 4 of the 5 published financial years. In financial year 2023 the company had 4 employees (2 a year earlier). Revenue per employee was 68 998 €. At the end of financial year 2023, total assets were 136 548 € and equity 119 583 € (87,6% of assets). Based on labour costs in the report, the estimated average gross salary was about 450 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, the company declared no turnover in Q3 2026.
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.
What should you look out for?
2 annual reports have not been filed on time, the latest for financial year 2025.
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 2023) was filed on 30.05.2024. 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 | 0 € | — | — |
| Q2 2026 | 0 € | — | — |
| Q1 2026 | 805 € | — | 0 € |
| Q4 2025 | 619 € | — | — |
| Q3 2025 | 4793 € | — | 0 € |
| Q2 2025 | 0 € | 1 | 0 € |
| Q1 2025 | 0 € | 1 | 452 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2023
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales revenue | 64 250 | 32 723 | 51 540 | 112 716 | 275 990 |
| Net profit | 524 | −13 126 | 13 963 | 52 261 | 62 909 |
| Retained earnings | 240 | 764 | −12 362 | 1601 | 53 862 |
| Total assets | 15 911 | 10 564 | 7565 | 66 964 | 136 548 |
| Total liabilities | 12 335 | 20 114 | 3152 | 10 290 | 16 965 |
| Total equity | 3576 | −9550 | 4413 | 56 674 | 119 583 |
| Employees | 2 | 2 | 2 | 2 | 4 |
| Average gross salary (monthly) | 517 | 516 | 452 | — | 450 |
| Calculated dividend | — | 0 | 0 | 0 | 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 obligations1 issue6 clear
Data from public registers, not a credit rating.
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State aid and grants
1 recordState aid and de minimis aid in total 1898 € (2023). Largest grantors: Eesti Töötukassa (1898 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 1898 € | 08.05.2023 |
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
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Source: e-Business Register (RIK). Files open/download directly from the official register.