Larsen Boat Yard OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 146 261 € | 5 | 12 453 € |
| Q2 2026 | 65 114 € | 4 | 6303 € |
| Q1 2026 | 47 240 € | 4 | 3786 € |
| Q4 2025 | 5181 € | 4 | 4014 € |
| Q3 2025 | 9780 € | 1 | 3865 € |
| Q2 2025 | 28 000 € | 1 | 579 € |
| Q1 2025 | 12 109 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 15 876 | 15 500 | 15 479 | 15 463 | 5918 | 28 914 | 105 502 |
| Total non-current assets | — | — | — | — | — | 9240 | 12 598 |
| Total assets | 15 876 | 15 500 | 15 479 | 15 463 | 5918 | 38 154 | 118 100 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 10 005 | 9545 | 9545 | 9545 | 0 | 27 481 | 87 478 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 10 005 | 9545 | 9545 | 9545 | 0 | 27 481 | 87 478 |
| Share capital | 2502 | 2502 | 2502 | 2502 | 2502 | 2502 | 2502 |
| Retained earnings of previous periods | 2529 | 5871 | 5955 | 5934 | 5918 | 5918 | 10 673 |
| Profit for the year | 3342 | 84 | −21 | −16 | 0 | 4755 | 19 949 |
| Reserves and other equity | −2502 | −2502 | −2502 | −2502 | −2502 | −2502 | −2502 |
| Total equity | 5871 | 5955 | 5934 | 5918 | 5918 | 10 673 | 30 622 |
| Income statement | |||||||
| Sales revenue | 3348 | 220 | 0 | 0 | 0 | 56 507 | 61 813 |
| Operating profit | 3342 | 84 | −21 | −16 | 0 | 4755 | 19 949 |
| EBITDA | — | — | — | — | — | 9685 | 22 072 |
| Profit before income tax | 3342 | 84 | −21 | −16 | 0 | 4755 | 19 949 |
| Profit for the reporting year | 3342 | 84 | −21 | −16 | 0 | 4755 | 19 949 |
| Labour costs | 0 | 0 | 0 | 0 | 0 | 0 | 25 732 |
| Depreciation of non-current assets | — | — | — | — | — | 4930 | 2123 |
| Other indicators | |||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Calculated dividend | — | 0 | 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 obligations1 note4 clear
Data from public registers, not a credit rating.
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Public procurement
1 contractsPublic contracts won worth 96 703 € from 1 contracting authorities (09.09.2026–09.09.2026).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Merepääste mootorpaadi ostmine · joint bid | Tilgu Merepääste Selts | 96 703 € | 09.09.2026 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Larsen Boat Yard OÜ
Overview
Larsen Boat Yard OÜ (registry code 12567094) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 12 years. Registered location: Miiduranna küla, Viimsi vald, Harju maakond. According to the latest annual report, the main activity is tsiviillaevade ehitus (EMTAK 30111). The company is registered for VAT (VAT number EE101681535).
Financial results
Revenue in financial year 2025 was 61 813 €, up 9,4% on the previous year (56 507 €). From 2019 to 2025, revenue grew by an average of 62,6% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 19 949 € (32,3% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 61 813 €. At the end of financial year 2025, total assets were 118 100 € and equity 30 622 € (25,9% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 146 261 €, up 1396% on the same quarter a year earlier. The company had 5 employees in that quarter. Labour taxes paid in the quarter: 12 453 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1630 € per month.
Management and owners
The company has one management board member. The sole owner of the company is a private individual.
Data sources and freshness
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 26.06.2026. 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.