Monvelt OÜ
RegisteredKey figures
Ratios
2022Summary: Monvelt OÜ
What kind of company is it?
Monvelt OÜ (registry code 12816922) 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: Viljandi linn, Viljandi maakond. According to the latest annual report, the main activity is installation of windows, doors and stairs of any material (EMTAK 43321).
How is the company doing financially?
Revenue in financial year 2022 was 161 781 €, down 12,9% on the previous year (185 650 €). From 2019 to 2022, revenue declined by an average of 2,4% per year. Financial year 2022 ended with a loss of 23 133 €. The company was profitable in 2 of the 4 published financial years. In financial year 2022 the company had 5 employees. Revenue per employee was 32 356 €. At the end of financial year 2022, total assets were 22 725 € and equity 249 € (1,1% of assets). Based on labour costs in the report, the estimated average gross salary was about 820 € per month.
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 (50%) is held by a private individual.
What should you look out for?
3 annual reports have not been filed on time, the latest for financial year 2025. 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 2022) was filed on 01.06.2023. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q2 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 |
|---|---|---|---|
| Q2 2026 | — | — | 1888 € |
| Q1 2025 | 0 € | — | — |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2022
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Sales revenue | 173 880 | 115 499 | 185 650 | 161 781 |
| Net profit | −6877 | 31 095 | 4685 | −23 133 |
| Retained earnings | −8021 | −14 898 | 16 197 | 20 882 |
| Total assets | 8643 | 33 837 | 56 814 | 22 725 |
| Total liabilities | 21 041 | 15 140 | 33 432 | 22 476 |
| Total equity | −12 398 | 18 697 | 23 382 | 249 |
| Employees | 5 | 4 | 5 | 5 |
| Average gross salary (monthly) | 876 | 576 | 1017 | 824 |
| Calculated dividend | — | 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 obligations2 issues5 clear
Data from public registers, not a credit rating.
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State aid and grants
1 recordState aid and de minimis aid in total 13 053 € (2015). Largest grantors: Riigi Tugiteenuste Keskus (13 053 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Riigi Tugiteenuste Keskus | Muu | 13 053 € | 13.07.2015 |
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.