SPAREXLINE SHIPPING Co OÜ
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2025Summary: SPAREXLINE SHIPPING Co OÜ
What kind of company is it?
SPAREXLINE SHIPPING Co OÜ (registry code 12705473) 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 freight transport by road (EMTAK 49411). The company is registered for VAT (VAT number EE101735779).
How is the company doing financially?
Revenue in financial year 2025 was 271 742 €, up 8,5% on the previous year (250 508 €). From 2019 to 2025, revenue declined by an average of 2,3% per year. Net profit for financial year 2025 was 12 188 € (4,5% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 271 742 €. At the end of financial year 2025, total assets were 132 117 € and equity 131 131 € (99,3% of assets). Based on labour costs in the report, the estimated average gross salary was about 410 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 45 830 €, up 202% on the same quarter a year earlier. Labour taxes paid in the quarter: 677 €.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 2 owners. The largest stake (51%) is held by Sparexline Baltic 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 14.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 45 830 € | — | 677 € |
| Q2 2026 | 145 208 € | — | 677 € |
| Q1 2026 | 134 888 € | — | 677 € |
| Q4 2025 | 178 267 € | — | 677 € |
| Q3 2025 | 15 151 € | — | 677 € |
| Q2 2025 | 135 390 € | — | 677 € |
| Q1 2025 | 149 215 € | — | 406 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 208 685 | 362 019 | 154 240 | 250 508 | 271 742 |
| Net profit | 14 657 | 24 641 | −6914 | 30 376 | 12 188 |
| Retained earnings | 53 323 | 67 980 | 92 621 | 85 707 | 116 083 |
| Total assets | 85 957 | 112 109 | 105 734 | 123 664 | 132 117 |
| Total liabilities | 15 117 | 16 628 | 17 167 | 4721 | 986 |
| Total equity | 70 840 | 95 481 | 88 567 | 118 943 | 131 131 |
| Employees | 1 | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 581 | 643 | 617 | 408 | 408 |
| Calculated dividend | 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 obligationsAll 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.
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