Welco Tartu OÜ
RegisteredKey figures
Ratios
2025Summary: Welco Tartu OÜ
What kind of company is it?
Welco Tartu OÜ (registry code 12931040) 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: Elva linn, Elva vald, Tartu maakond. According to the latest annual report, the main activity is electrical installation (EMTAK 4321). The company is registered for VAT (VAT number EE101829601).
How is the company doing financially?
Revenue in financial year 2025 was 624 663 €, down 18,3% on the previous year (764 844 €). From 2019 to 2025, revenue declined by an average of 4,0% per year. Net profit for financial year 2025 was 4436 € (0,7% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 5 employees. Revenue per employee was 124 933 €. At the end of financial year 2025, total assets were 306 651 € and equity 245 043 € (79,9% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 146 196 €, down 13,1% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 17 189 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2650 € 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 25.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 146 196 € | 4 | 17 189 € |
| Q2 2026 | 142 386 € | 5 | 17 564 € |
| Q1 2026 | 155 676 € | 5 | 17 242 € |
| Q4 2025 | 159 168 € | 4 | 19 140 € |
| Q3 2025 | 168 295 € | 5 | 16 044 € |
| Q2 2025 | 147 602 € | 4 | 14 738 € |
| Q1 2025 | 182 478 € | 4 | 13 910 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 25 000 € (10% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 647 445 | 605 471 | 695 586 | 764 844 | 624 663 |
| Net profit | 53 632 | −49 378 | 121 834 | 54 354 | 4436 |
| Retained earnings | 142 416 | 196 048 | 146 669 | 208 503 | 237 857 |
| Total assets | 340 104 | 254 228 | 378 743 | 363 884 | 306 651 |
| Total liabilities | 141 306 | 104 808 | 107 490 | 98 277 | 61 608 |
| Total equity | 198 798 | 149 420 | 271 253 | 265 607 | 245 043 |
| Employees | 5 | 6 | 5 | 5 | 5 |
| Average gross salary (monthly) | 910 | 1363 | 1419 | 1601 | 1921 |
| Calculated dividend | 0 | 0 | 0 | 60 000 | 25 000 |
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
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- Osaühing Mapri Ehitus148 m €
- Aktsiaselts Merko Ehitus Eesti133 m €
- OÜ NOBE121 m €
- AS Connecto Infra119 m €
- LEONHARD WEISS OÜ119 m €