OÜ Finnorax

Registered
12816209Private limited company (OÜ)Founded 2015

Key figures

160 191 €+22,1%
Revenue 2025
+38,3%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: OÜ Finnorax

What kind of company is it?

OÜ Finnorax (registry code 12816209) 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: Valga linn, Valga vald, Valga maakond. According to the latest annual report, the main activity is other business support service activities n.e.c. (EMTAK 82991).

How is the company doing financially?

Revenue in financial year 2025 was 160 191 €, up 22,1% on the previous year (131 203 €). From 2019 to 2025, revenue grew by an average of 38,3% per year. Financial year 2025 ended with a loss of 16 787 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 160 191 €. Based on labour costs in the report, the estimated average gross salary was about 3360 € 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?

Equity was negative at the end of financial year 2025 (−12 245 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.

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 18.06.2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
2023 ~8158 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue156 848219 061170 920131 203160 191
Net profit−59819894644−1915−16 787
Retained earnings12 4526481−68839572042
Total assets13 36914 022879873668135
Total liabilities439840522342020 380
Total equity8971997064564542−12 245
Employees11111
Average gross salary (monthly)34692686268421823361
Calculated dividend00815800

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 note6 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
Filed late: 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.

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100%OÜ Finnorax1Ragnar Avioja
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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