Industrial Metal OÜ

Registered
12784567Private limited company (OÜ)Founded 2015
Tax debt 20 995 € as of 10.11.2026 (incl. 20 995 € in a payment schedule).Source: Tax and Customs Board
Annual report for 2025 not filed.

Key figures

1 422 040 €+11,1%
Revenue 2024
+7,0%
Average annual growth 2019–2024
0500 k1 m1,5 m201920202021202220232024

Ratios

2024

Summary: Industrial Metal OÜ

What kind of company is it?

Industrial Metal OÜ (registry code 12784567) is a private limited company (OÜ). The company was entered in the Commercial Register in 2015 and has been registered for 11 years. Registered location: Mustamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is manufacture of metal structures and parts (EMTAK 2511). The company is registered for VAT (VAT number EE101781354).

How is the company doing financially?

Revenue in financial year 2024 was 1 422 040 €, up 11,1% on the previous year (1 279 687 €). From 2019 to 2024, revenue grew by an average of 7,0% per year. Net profit for financial year 2024 was 19 972 € (1,4% of revenue). The company was profitable in 4 of the 6 published financial years. In financial year 2024 the company had 6 employees (7 a year earlier). Revenue per employee was 237 007 €. At the end of financial year 2024, total assets were 554 429 € and equity 209 335 € (37,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 351 957 €, down 46,8% on the same quarter a year earlier. The company had 8 employees in that quarter. Labour taxes paid in the quarter: 19 377 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1590 € per month.

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?

The annual report for financial year 2025 has not been filed on time.

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 2024) was filed on 07.07.2025. 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 2026351 957 €819 377 €
Q2 2026518 455 €916 914 €
Q1 2026550 858 €922 405 €
Q4 2025902 506 €1014 873 €
Q3 2025661 542 €812 650 €
Q2 2025528 604 €812 153 €
Q1 2025437 245 €711 970 €

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

Dividends

calculated
2024

No dividends were distributed.

History
20240 €
20232200 €
20220 €
20210 €
20201057 €
Summary of financial statements2020–2024
20202021202220232024
Sales revenue774 7361 268 6371 482 2651 279 6871 422 040
Net profit−9820−108 612122 01473 29819 972
Retained earnings112 184102 363−6249113 565186 863
Total assets399 502542 649520 120593 295554 429
Total liabilities294 638546 398401 855403 932345 094
Total equity104 864−3749118 265189 363209 335
Employees7131076
Average gross salary (monthly)12471100142111381106
Calculated dividend10570022000

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 obligations2 issues5 clear
Register status
Registered
Business Register
Tax debt
20 995 €
as of 10.11.2026 (incl. 20 995 € in a payment schedule)
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
2/3 filed
Not filed: 2025
Filed late: 2023, 2024
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%Industrial Metal OÜ2Aleksei Saareväli
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

5 records

State aid and de minimis aid in total 297 590 € (2020–2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (290 676 €), Eesti Töötukassa (6914 €).

Show all aid records (5)
2025108 382 €
20245750 €
20223458 €
2020180 000 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA3456 €14.10.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu104 926 €20.02.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu5750 €04.07.2024
Eesti TöötukassaPalgatoetus VTA3458 €30.03.2022
Ettevõtluse ja Innovatsiooni SihtasutusKomisjoni teatise jaotis 3.3 "Laenude subsideeritud intressimäärana antav abi" · Soft loan180 000 €23.12.2020

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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