ARMAGEST OÜ
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2025Summary: ARMAGEST OÜ
What kind of company is it?
ARMAGEST OÜ (registry code 12339620) 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: Suurupi küla, Harku vald, Harju maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE101605498).
How is the company doing financially?
Revenue in financial year 2025 was 532 991 €, up 20,7% on the previous year (441 565 €). From 2019 to 2025, revenue declined by an average of 0,5% per year. Net profit for financial year 2025 was 21 445 € (4,0% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 10 employees (8 a year earlier). Revenue per employee was 53 299 €. At the end of financial year 2025, total assets were 154 586 € and equity 106 813 € (69,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 141 950 €, down 21,6% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 3203 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 820 € 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 13.05.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 141 950 € | 3 | 3203 € |
| Q2 2026 | 148 905 € | 3 | 4452 € |
| Q1 2026 | 99 095 € | 3 | 3258 € |
| Q4 2025 | 128 252 € | 3 | 4349 € |
| Q3 2025 | 181 160 € | 3 | 3625 € |
| Q2 2025 | 124 625 € | 3 | 2915 € |
| Q1 2025 | 103 848 € | 3 | 4370 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 635 237 | 701 827 | 469 855 | 441 565 | 532 991 |
| Net profit | 29 762 | 68 745 | 9624 | −169 578 | 21 445 |
| Retained earnings | 144 414 | 174 176 | 242 921 | 252 437 | 82 860 |
| Total assets | 266 144 | 304 916 | 314 588 | 196 817 | 154 586 |
| Total liabilities | 89 460 | 59 487 | 59 535 | 111 450 | 47 773 |
| Total equity | 176 684 | 245 429 | 255 053 | 85 367 | 106 813 |
| Employees | 15 | 15 | 12 | 8 | 10 |
| Average gross salary (monthly) | 1349 | 1406 | 1742 | 1897 | 1469 |
| Calculated dividend | 0 | 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 obligationsAll clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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