Lahzit OÜ

Registered
12614575Private limited company (OÜ)Founded 2014
Annual reports for 2024, 2025 not filed.

Key figures

50 145 €−5,2%
Revenue 2023
+2,6%
Average annual growth 2019–2023
020 k40 k60 k20192020202120222023

Ratios

2023

Summary: Lahzit OÜ

What kind of company is it?

Lahzit OÜ (registry code 12614575) is a private limited company (OÜ). The company was entered in the Commercial Register in 2014 and has been registered for 12 years. Registered location: Elva linn, Elva vald, Tartu maakond. According to the latest annual report, the main activity is manufacture of power-driven hand tools (EMTAK 28241). The company is registered for VAT (VAT number EE101771908).

How is the company doing financially?

Revenue in financial year 2023 was 50 145 €, down 5,2% on the previous year (52 883 €). From 2019 to 2023, revenue grew by an average of 2,6% per year. Financial year 2023 ended with a loss of 5376 €. The company was profitable in 3 of the 5 published financial years. In financial year 2023 the company had 1 employees. Revenue per employee was 50 145 €. At the end of financial year 2023, total assets were 21 585 € and equity 19 635 € (91,0% of assets). Based on labour costs in the report, the estimated average gross salary was about 1050 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 17 392 €, down 14,6% on the same quarter a year earlier. Labour taxes paid in the quarter: 1962 €.

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 01.01.2025. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202617 392 €—1962 €
Q2 202641 917 €—1751 €
Q1 202618 841 €—1627 €
Q4 202521 876 €—1379 €
Q3 202520 371 €—1379 €
Q2 202522 467 €—1296 €
Q1 202512 478 €—1054 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2023

No dividends were distributed.

History
20230 €
20220 €
20211000 €
20202000 €
Summary of financial statements2019–2023
20192020202120222023
Sales revenue45 23257 08749 20152 88350 145
Net profit6304043−2144708−5376
Retained earnings69495579862254786186
Total assets13 99912 921973723 30821 585
Total liabilities391979875919501950
Total equity10 08012 123897821 35819 635
Employees11111
Average gross salary (monthly)6655916599491048
Calculated dividend—2000100000

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 issue6 clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
1/3 filed
Not filed: 2024, 2025
Filed late: 2023
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%Lahzit OÜ1Toomas Laatsit
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 58 € (2017). Largest grantors: Riigi Tugiteenuste Keskus (58 €).

Show all aid records (1)
201758 €
GrantorPurposeAmountDate
Riigi Tugiteenuste KeskusMuu58 €24.04.2017

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.

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