Vormsi Arendus OÜ
RegisteredKey figures
Ratios
2023Summary: Vormsi Arendus OÜ
What kind of company is it?
Vormsi Arendus OÜ (registry code 12334657) 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: Hosby küla, Vormsi vald, Lääne maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41201).
How is the company doing financially?
Revenue in financial year 2023 was 376 861 €, up 57,4% on the previous year (239 487 €). From 2019 to 2023, revenue grew by an average of 9,0% per year. This is the company's highest revenue among the published years (2019–2023). Net profit for financial year 2023 was 817 € (0,2% of revenue). The company was profitable in 3 of the 5 published financial years. In financial year 2023 the company had 2 employees. Revenue per employee was 188 431 €. At the end of financial year 2023, total assets were 117 740 € and equity 101 848 € (86,5% of assets). Based on labour costs in the report, the estimated average gross salary was about 930 € 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.
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 01.07.2024. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (984500E1E047ASB9BF75) comes from the GLEIF database. 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 € |
| Q4 2025 | — | — | 0 € |
| Q3 2025 | — | — | 0 € |
| Q2 2025 | 0 € | — | 0 € |
| Q1 2025 | 23 612 € | — | 1334 € |
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 | 267 434 | 296 920 | 352 191 | 239 487 | 376 861 |
| Net profit | −20 855 | 4533 | 9741 | −15 124 | 817 |
| Retained earnings | 120 236 | 99 381 | 103 914 | 113 655 | 98 531 |
| Total assets | 114 715 | 117 892 | 126 410 | 111 018 | 117 740 |
| Total liabilities | 12 834 | 11 478 | 10 255 | 9987 | 15 892 |
| Total equity | 101 881 | 106 414 | 116 155 | 101 031 | 101 848 |
| Employees | 3 | 2 | 2 | 2 | 2 |
| Average gross salary (monthly) | 871 | 774 | 976 | 976 | 926 |
| 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 obligations2 issues5 clear
Data from public registers, not a credit rating.
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State aid and grants
5 recordsState aid and de minimis aid in total 1067 € (2015–2020). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (797 €), Ettevõtluse ja Innovatsiooni Sihtasutus (270 €).
Show all aid records (5)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 270 €* | 22.04.2015 |
The total also includes 4 tax reductions worth 797 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.
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.