Steqmet Machining OÜ

Registered
12931100Private limited company (OÜ)Founded 2015

Key figures

430 448 €+24,8%
Revenue 2025
+21,9%
Average annual growth 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025

Summary: Steqmet Machining OÜ

What kind of company is it?

Steqmet Machining OÜ (registry code 12931100) 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: Rakvere linn, Lääne-Viru maakond. According to the latest annual report, the main activity is machining of metal (EMTAK 25531). The company is registered for VAT (VAT number EE101870650).

How is the company doing financially?

Revenue in financial year 2025 was 430 448 €, up 24,8% on the previous year (345 048 €). From 2019 to 2025, revenue grew by an average of 21,9% per year. Net profit for financial year 2025 was 5676 € (1,3% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 215 224 €. At the end of financial year 2025, total assets were 278 641 € and equity 232 734 € (83,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 132 914 €, up 24,3% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 6219 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1980 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 2 owners. The largest stake (75%) is held by 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 12.06.2026. 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 2026132 914 €26219 €
Q2 2026219 047 €26300 €
Q1 2026146 494 €26837 €
Q4 2025152 237 €29045 €
Q3 2025106 969 €29011 €
Q2 2025139 304 €28985 €
Q1 2025108 803 €28304 €

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 11 000 € (5% of distributable profit).

History
202511 000 €
20240 €
20230 €
20226000 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue351 420503 357476 075345 048430 448
Net profit44 23956 91862 736−91255676
Retained earnings64 540102 779159 697222 433202 308
Total assets331 173325 387349 928299 704278 641
Total liabilities197 644140 940102 74561 64645 907
Total equity133 529184 447247 183238 058232 734
Employees22222
Average gross salary (monthly)14992041191220212539
Calculated dividend060000011 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 clear1 for information
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
70 000 €
A pledge over the company's movable assets, usually securing a loan.
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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25%75%Steqmet Machining OÜ2Tokens OÜ1Cristo Kens
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

4 records

State aid and de minimis aid in total 23 887 € (2016–2024). Largest grantors: Riigi Tugiteenuste Keskus (15 000 €), Ettevõtluse ja Innovatsiooni Sihtasutus (8887 €).

Show all aid records (4)
20248330 €
2018303 €
201715 000 €
2016254 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusMuu8330 €21.06.2024
Ettevõtluse ja Innovatsiooni SihtasutusKoolitus VTA303 €25.07.2018
Riigi Tugiteenuste KeskusMuu15 000 €08.12.2017
Ettevõtluse ja Innovatsiooni SihtasutusKoolitus VTA254 €28.01.2016

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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