Ascandic OÜ
RegisteredKey figures
Ratios
2023Summary: Ascandic OÜ
What kind of company is it?
Ascandic OÜ (registry code 12426632) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 13 years. Registered location: Kristiine linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is installation of electrical wiring and equipment (EMTAK 43211). The company is registered for VAT (VAT number EE101988306).
How is the company doing financially?
Revenue in financial year 2023 was 3 539 368 €, down 9,4% on the previous year (3 908 061 €). From 2019 to 2023, revenue grew by an average of 8,1% per year. Net profit for financial year 2023 was 284 € (0,0% of revenue). The company was profitable in all 5 published financial years. In financial year 2023 the company had 22 employees (21 a year earlier). Revenue per employee was 160 880 €. At the end of financial year 2023, total assets were 766 084 € and equity 117 186 € (15,3% of assets). Based on labour costs in the report, the estimated average gross salary was about 1180 € 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. 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 | — | — | 1646 € |
| Q2 2026 | — | 10 | — |
| Q1 2026 | — | 11 | — |
| Q4 2025 | — | 12 | 101 € |
| Q3 2025 | — | 14 | 256 € |
| Q2 2025 | 139 885 € | 15 | 22 311 € |
| Q1 2025 | 479 841 € | 18 | 2403 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 51 480 € (31% of distributable profit).
Summary of financial statements2019–2023
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales revenue | 2 594 521 | 2 373 211 | 3 628 939 | 3 908 061 | 3 539 368 |
| Net profit | 78 817 | 92 758 | 112 722 | 439 | 284 |
| Retained earnings | 30 980 | 32 461 | 78 219 | 165 141 | 114 100 |
| Total assets | 565 307 | 622 567 | 798 570 | 647 254 | 766 084 |
| Total liabilities | 452 708 | 494 546 | 604 827 | 478 872 | 648 898 |
| Total equity | 112 599 | 128 021 | 193 743 | 168 382 | 117 186 |
| Employees | 20 | 21 | 21 | 21 | 22 |
| Average gross salary (monthly) | 1041 | 1133 | 1037 | 1214 | 1175 |
| Calculated dividend | — | 77 336 | 47 000 | 25 800 | 51 480 |
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
1 recordState aid and de minimis aid in total 0 € (2020). Largest grantors: Tallinna Linnakantselei (0 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Tallinna Linnakantselei | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 0 € | 01.04.2020 |
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.