Teine Rada OÜ

Registered
12912344Private limited company (OÜ)Founded 2015

Key figures

34 011 €+4,5%
Revenue 2024/25
+161,6%
Average annual growth 2018/19–2024/25
010 k20 k30 k40 k2018/192019/202020/212021/222022/232023/242024/25

Ratios

2024/25

Summary: Teine Rada OÜ

What kind of company is it?

Teine Rada OÜ (registry code 12912344) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is business and other management consultancy (EMTAK 70201).

How is the company doing financially?

Revenue in financial year 2024/25 was 34 011 €, up 4,5% on the previous year (32 557 €). From 2018/19 to 2024/25, revenue grew by an average of 162% per year. This is the company's highest revenue among the published years (2018/19–2024/25). Net profit for financial year 2024/25 was 16 005 € (47,1% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2024/25 the company had 1 employees. Revenue per employee was 34 011 €. At the end of financial year 2024/25, total assets were 64 270 € and equity 64 270 € (100% of assets). Based on labour costs in the report, the estimated average gross salary was about 740 € 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 2024/25) was filed on 13.03.2026. 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 2026——375 €
Q2 2026——1126 €
Q1 2026—11126 €
Q4 2025—11126 €
Q3 2025—1375 €
Q2 2025——1126 €
Q1 2025—11046 €

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

Dividends

calculated
2024/25

No dividends were distributed.

Equity decreased by 14 127 € in ways other than from retained earnings — e.g. a share capital reduction, a payout from other reserves or a revaluation reserve adjustment. The open data does not show whether this was a payout to the owners.

History
dividend other equity decrease
2024/250 €+14 127 € other
2023/24 ~3747 €
2022/230 €+3310 € other
2021/220 €
2020/210 €
2019/200 €
Summary of financial statements2021–2025
2020/212021/222022/232023/242024/25
Sales revenue016 20029 20032 55734 011
Net profit−10715 89626 90624 38416 005
Retained earnings2236226318 160689745 765
Total assets213018 15941 75562 39264 270
Total liabilities—————
Total equity213018 15941 75562 39264 270
Employees00011
Average gross salary (monthly)———342741
Calculated dividend00037470

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 obligationsAll 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
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
100%Teine Rada OÜAndres Kutsar
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

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