Raxmotors OÜ

Registered
12854859Private limited company (OÜ)Founded 2015
Tax debt 6479 € as of 10.11.2026 (incl. 6056 € in a payment schedule).Source: Tax and Customs Board

Key figures

229 162 €−18,0%
Revenue 2025
+17,7%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Raxmotors OÜ

What kind of company is it?

Raxmotors OÜ (registry code 12854859) 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: Otste küla, Hiiumaa vald, Hiiu maakond. According to the latest annual report, the main activity is repair and maintenance of motor vehicles (EMTAK 95311). The company is registered for VAT (VAT number EE101901545).

How is the company doing financially?

Revenue in financial year 2025 was 229 162 €, down 18,0% on the previous year (279 397 €). From 2019 to 2025, revenue grew by an average of 17,7% per year. Financial year 2025 ended with a loss of 31 578 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 114 581 €. At the end of financial year 2025, total assets were 92 164 € and equity 1670 € (1,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 50 387 €, down 2,5% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 5603 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1800 € 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.

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 30.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202650 387 €25603 €
Q2 202658 274 €24319 €
Q1 202671 552 €24958 €
Q4 202567 729 €27700 €
Q3 202551 673 €211 942 €
Q2 202549 487 €35105 €
Q1 202565 094 €26627 €

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

Dividends

calculated
2025

Distributed as dividends 1700 € (5% of distributable profit).

History
20251700 €
20240 €
20230 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue161 066208 507206 952279 397229 162
Net profit−15 39166523 34533 364−31 578
Retained earnings−9535−24 926−24 261−91630 748
Total assets31 92739 02254 45788 21392 164
Total liabilities56 85360 78352 87353 26590 494
Total equity−24 926−21 761158434 9481670
Employees22112
Average gross salary (monthly)10991431220421242427
Calculated dividend00001700

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 issue6 clear
Register status
Registered
Business Register
Tax debt
6479 €
as of 10.11.2026 (incl. 6056 € 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
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

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100%Raxmotors OÜ2Ragnar Heiste
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 55 € (2017–2018). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (55 €).

Show all aid records (2)
20188 €
201747 €

The total also includes 2 tax reductions worth 55 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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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