Favencia OÜ

Registered
12775083Private limited company (OÜ)Founded 2014

Key figures

364 620 €+131,7%
Revenue 2025
+58,9%
Average annual growth 2019–2025
0100 k200 k300 k400 k2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: Favencia OÜ

What kind of company is it?

Favencia OÜ (registry code 12775083) is a private limited company (OÜ). The company was entered in the Commercial Register in 2014 and has been registered for 11 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is web search portal activities (EMTAK 63911). The company is registered for VAT (VAT number EE102635784).

How is the company doing financially?

Revenue in financial year 2025 was 364 620 €, up 132% on the previous year (157 401 €). From 2019 to 2025, revenue grew by an average of 58,9% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 349 575 € (95,9% of revenue). The company was profitable in all 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 699 724 € and equity 697 639 € (99,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 106 407 €, up 52,0% on the same quarter a year earlier. Labour taxes paid in the quarter: 7 €.

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.

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 22.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (894500TDMV9C48JOGE29) comes from the GLEIF database. 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 2026106 407 €—7 €
Q2 2026101 384 €—0 €
Q1 2026101 987 €——
Q4 2025112 608 €—0 €
Q3 202570 023 €——
Q2 202596 109 €—0 €
Q1 202579 717 €——

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 €
20240 €
20230 €
202210 000 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue15 85739 599111 578157 401364 620
Net profit14 47336 640106 189153 114349 575
Retained earnings45 14849 62186 261192 450345 564
Total assets62 12190 229195 345348 180699 724
Total liabilities014683951162085
Total equity62 12188 761194 950348 064697 639
Employees00000
Calculated dividend010 000000

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
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%Favencia OÜAleksei Udatšnõi
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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