South OÜ

Registered
12892452Private limited company (OÜ)Founded 2015

Key figures

65 955 €+16,9%
Revenue 2025
−0,3%
Average annual change 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: South OÜ

What kind of company is it?

South OÜ (registry code 12892452) 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: Tõrva linn, Tõrva vald, Valga maakond. According to the latest annual report, the main activity is other business support service activities n.e.c. (EMTAK 82991). The company is registered for VAT (VAT number EE101810940).

How is the company doing financially?

Revenue in financial year 2025 was 65 955 €, up 16,9% on the previous year (56 408 €). Financial year 2025 ended with a loss of 15 214 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 65 955 €. At the end of financial year 2025, total assets were 150 617 € and equity 1408 € (0,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 22 665 €, down 12,5% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 721 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 420 € 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 09.08.2026. 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 202622 665 €2721 €
Q2 202624 474 €2330 €
Q1 202621 996 €2330 €
Q4 202516 581 €1987 €
Q3 202525 910 €11321 €
Q2 202521 242 €11321 €
Q1 202521 487 €11204 €

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 revenue109 26495 48452 89056 40865 955
Net profit16 9175063−24 591−10 713−15 214
Retained earnings27 85944 36849 42624 83514 122
Total assets101 17591 31981 065118 803150 617
Total liabilities56 39941 88853 730102 181149 209
Total equity44 77649 43127 33516 6221408
Employees11111
Average gross salary (monthly)475541574719710
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, 2025
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%South OÜ4Egon Ilisson
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

3 records

State aid and de minimis aid in total 127 407 € (2020–2026). Largest grantors: Riigi Tugiteenuste Keskus (118 341 €), Põllumajanduse Registrite ja Informatsiooni Amet (9066 €).

Show all aid records (3)
202659 273 €
202559 068 €
20209066 €
GrantorPurposeAmountDate
Riigi Tugiteenuste KeskusInvesteeringud59 273 €27.10.2026
Riigi Tugiteenuste KeskusInvesteeringud59 068 €24.04.2025
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud9066 €15.06.2020

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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