Karma Ventures OÜ

Registered
12651926Private limited company (OÜ)Founded 2014

Key figures

967 669 €−2,0%
Revenue 2025
−4,3%
Average annual change 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025

Summary: Karma Ventures OÜ

What kind of company is it?

Karma Ventures OÜ (registry code 12651926) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is financial consultancy (EMTAK 66191). The company is registered for VAT (VAT number EE101855992).

How is the company doing financially?

Revenue in financial year 2025 was 967 669 €, down 2,0% on the previous year (987 437 €). From 2019 to 2025, revenue declined by an average of 4,3% per year. Net profit for financial year 2025 was 573 740 € (59,3% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 483 835 €. At the end of financial year 2025, total assets were 2 190 592 € and equity 2 044 171 € (93,3% of assets). Based on labour costs in the report, the estimated average gross salary was about 6600 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 164 444 €, down 33,5% on the same quarter a year earlier. Labour taxes paid in the quarter: 22 543 €.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 3 owners. The largest stake (40%) is held by IZZO VENTURES OÜ.

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 30.06.2026. 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026164 444 €—22 543 €
Q2 2026354 468 €—22 543 €
Q1 2026285 757 €—22 543 €
Q4 2025247 880 €—22 543 €
Q3 2025247 304 €—22 543 €
Q2 20250 €—22 543 €
Q1 2025554 608 €—22 022 €

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

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20241 940 000 €
20230 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue760 617854 356946 244987 437967 669
Net profit161 825446 907560 713111 505573 740
Retained earnings2 126 9812 288 8062 735 7131 356 4261 467 931
Total assets2 362 9692 825 8043 474 8111 565 3532 190 592
Total liabilities71 66387 591175 88594 922146 421
Total equity2 291 3062 738 2133 298 9261 470 4312 044 171
Employees42222
Average gross salary (monthly)55546603660366036603
Calculated dividend0001 940 0000

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
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
3/3 filed
All on time
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2023 annual report
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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40%40%20%Karma Ventures OÜIZZO VENTURES OÜKARTU HOLDING OÜLFI Holdings OÜ4Kristjan Laanemaa9+Margus Uudam
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 49 € (2021). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (49 €).

Show all aid records (1)
202149 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusMuu49 €17.09.2021

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

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

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