Lovak OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 263 459 € | 13 | 21 486 € |
| Q2 2026 | 317 491 € | 12 | 32 343 € |
| Q1 2026 | 349 442 € | 14 | 50 778 € |
| Q4 2025 | 538 591 € | 18 | 69 880 € |
| Q3 2025 | 535 217 € | 18 | 52 704 € |
| Q2 2025 | 210 536 € | 21 | 19 476 € |
| Q1 2025 | 274 980 € | 10 | 22 389 € |
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.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 293 647 | 340 466 | 396 256 | 529 326 | 620 850 | 322 852 | 494 900 |
| Total non-current assets | 27 394 | 29 854 | 25 854 | 19 874 | 16 723 | 18 715 | 18 752 |
| Total assets | 321 041 | 370 320 | 422 110 | 549 200 | 637 573 | 341 567 | 513 652 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 58 404 | 31 177 | 16 486 | 216 112 | 191 680 | 101 081 | 115 101 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 58 404 | 31 177 | 16 486 | 216 112 | 191 680 | 101 081 | 115 101 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 75 030 | 259 886 | 336 393 | 402 874 | 240 338 | 443 143 | 237 736 |
| Profit for the year | 184 857 | 76 507 | 66 481 | −72 536 | 202 805 | −205 407 | 158 065 |
| Reserves and other equity | 250 | 250 | 250 | 250 | 250 | 250 | 250 |
| Total equity | 262 637 | 339 143 | 405 624 | 333 088 | 445 893 | 240 486 | 398 551 |
| Income statement | |||||||
| Sales revenue | 1 064 523 | 732 934 | 402 381 | 1 429 384 | 1 705 775 | 1 144 525 | 1 370 989 |
| Operating profit | 184 857 | 76 764 | 66 481 | −72 537 | 225 269 | −205 332 | 158 128 |
| EBITDA | 188 701 | 80 857 | 70 481 | −68 614 | 229 427 | −200 561 | 163 508 |
| Profit before income tax | 184 857 | 76 507 | 66 481 | −72 536 | 225 305 | −205 407 | 158 065 |
| Profit for the reporting year | 184 857 | 76 507 | 66 481 | −72 536 | 202 805 | −205 407 | 158 065 |
| Labour costs | 142 231 | 119 868 | 89 466 | 212 958 | 349 214 | 361 373 | 452 888 |
| Depreciation of non-current assets | 3844 | 4093 | 4000 | 3923 | 4158 | 4771 | 5380 |
| Other indicators | |||||||
| Employees | 10 | 9 | 5 | 12 | 16 | 18 | 17 |
| Calculated dividend | — | 0 | 0 | 0 | 90 000 | 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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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Lovak OÜ
Overview
Lovak OÜ (registry code 12688935) 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: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is installation, repair and maintenance of heating, ventilation and air-conditioning equipment (EMTAK 43221). The company is registered for VAT (VAT number EE101808512).
Financial results
Revenue in financial year 2025 was 1 370 989 €, up 19,8% on the previous year (1 144 525 €). From 2019 to 2025, revenue grew by an average of 4,3% per year. Net profit for financial year 2025 was 158 065 € (11,5% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 17 employees (18 a year earlier). Revenue per employee was 80 646 €. At the end of financial year 2025, total assets were 513 652 € and equity 398 551 € (77,6% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 263 459 €, down 50,8% on the same quarter a year earlier. The company had 13 employees in that quarter. Labour taxes paid in the quarter: 21 486 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1150 € per month.
Management and owners
The management board has 2 members. 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 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.