Ivakene Agro OÜ

Registered
12872455Private limited company (OÜ)Founded 2015

Key figures

245 337 €−7,1%
Revenue 2025
0100 k200 k300 k400 k2019202020212022202320242025

Ratios

2025

Summary: Ivakene Agro OÜ

What kind of company is it?

Ivakene Agro OÜ (registry code 12872455) 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: Võhmanõmme küla, Põltsamaa vald, Jõgeva maakond. According to the latest annual report, the main activity is growing of cereals (except rice), pulses and oilseeds (EMTAK 01111). The company is registered for VAT (VAT number EE102382231).

How is the company doing financially?

Revenue in financial year 2025 was 245 337 €, down 7,1% on the previous year (264 162 €). Net profit for financial year 2025 was 51 467 € (21,0% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 122 669 €. At the end of financial year 2025, total assets were 285 174 € and equity 228 124 € (80,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 62 156 €, down 42,5% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 5744 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1300 € per month.

Who runs the company and who owns it?

The management board has 2 members. The sole owner of the company is Teenindusühistu IVAKENE.

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 24.06.2026. 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 202662 156 €35744 €
Q2 202644 403 €34742 €
Q1 202631 847 €34609 €
Q4 2025118 369 €35228 €
Q3 2025108 169 €35228 €
Q2 202529 711 €34814 €
Q1 202528 718 €32391 €

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

Summary of financial statements2021–2025
20212022202320242025
Sales revenue101 026357 072231 256264 162245 337
Net profit51 969178 470−69 529429251 467
Retained earnings640558 374236 844167 315171 607
Total assets86 719247 088251 411216 961285 174
Total liabilities23 295519479 04640 30457 050
Total equity63 424241 894172 365176 657228 124
Employees22222
Average gross salary (monthly)4231200107412911625
Calculated dividend00000

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: 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%Ivakene Agro OÜTeenindusühistu IVAKE…1Gunnar Korm1Marek Korm
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

18 records

State aid and de minimis aid in total 52 937 € (2021–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (52 937 €).

Show all aid records (18)
20269361 €
202510 699 €
202410 773 €
202310 004 €
20224212 €
20217888 €

The total also includes 18 tax reductions worth 52 937 € (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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