Armatek Group OÜ
RegisteredKey figures
Ratios
2023Summary: Armatek Group OÜ
What kind of company is it?
Armatek Group OÜ (registry code 12389188) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 and has been registered for 13 years. Registered location: Nina küla, Peipsiääre vald, Tartu maakond. According to the latest annual report, the main activity is retail sale of electrical household appliances in specialised stores (EMTAK 47541).
How is the company doing financially?
Revenue in financial year 2023 was 110 564 €, down 44,9% on the previous year (200 535 €). From 2019 to 2023, revenue declined by an average of 16,4% per year. This is the company's lowest revenue among the published years (2019–2023). Financial year 2023 ended with a loss of 90 447 €. The company was profitable in 4 of the 5 published financial years. According to the report, the company had no employees in financial year 2023.
What do the latest quarters show?
According to the Tax and Customs Board, the company declared no turnover in Q2 2025.
Who runs the company and who owns it?
The company has one management board member.
What should you look out for?
2 annual reports have not been filed on time, the latest for financial year 2025. Equity was negative at the end of financial year 2023 (−70 129 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.
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 26.06.2024. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q2 2025. 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 |
|---|---|---|---|
| Q2 2025 | 0 € | — | — |
| Q1 2025 | 0 € | — | — |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2019–2023
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales revenue | 226 424 | 258 467 | 248 475 | 200 535 | 110 564 |
| Net profit | 1357 | 25 628 | 8132 | 8701 | −90 447 |
| Retained earnings | 7278 | 1357 | 26 985 | 9117 | 17 818 |
| Total assets | 16 858 | 37 408 | 47 655 | 28 561 | 7460 |
| Total liabilities | 5723 | 7923 | 10 038 | 8243 | 77 589 |
| Total equity | 11 135 | 29 485 | 37 617 | 20 318 | −70 129 |
| Employees | 1 | 0 | 0 | 0 | 0 |
| Average gross salary (monthly) | 787 | — | — | — | — |
| Calculated dividend | — | 7278 | 0 | 26 000 | 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.
Connections graph
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.