V&K TEED OÜ

Registered
12968089Private limited company (OÜ)Founded 2015

Key figures

4 455 519 €−1,4%
Revenue 2025
+14,1%
Average annual growth 2019–2025
02 m4 m6 m2019202020212022202320242025

Ratios

2025

Summary: V&K TEED OÜ

What kind of company is it?

V&K TEED OÜ (registry code 12968089) is a private limited company (OÜ). The company was entered in the Commercial Register in 2015 and has been registered for 10 years. Registered location: Rahula küla, Saku vald, Harju maakond. According to the latest annual report, the main activity is construction of roads and motorways (EMTAK 42111). The company is registered for VAT (VAT number EE101846998).

How is the company doing financially?

Revenue in financial year 2025 was 4 455 519 €, down 1,4% on the previous year (4 520 104 €). From 2019 to 2025, revenue grew by an average of 14,1% per year. Financial year 2025 ended with a loss of 132 835 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 10 employees. Revenue per employee was 445 552 €. At the end of financial year 2025, total assets were 1 400 691 € and equity 556 884 € (39,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 1 240 414 €, up 5,6% on the same quarter a year earlier. The company had 10 employees in that quarter. Labour taxes paid in the quarter: 39 530 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2460 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (52%) 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 08.06.2026. 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 20261 240 414 €1039 530 €
Q2 2026813 410 €1138 445 €
Q1 2026333 478 €1039 976 €
Q4 20251 845 452 €1049 419 €
Q3 20251 174 279 €1148 977 €
Q2 2025973 888 €1146 747 €
Q1 2025451 811 €1243 383 €

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 129 240 € (16% of distributable profit).

History
2025129 240 €
2024132 000 €
2023207 000 €
2022194 914 €
2021200 000 €
2020200 419 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue3 842 4953 320 7013 351 3764 520 1044 455 519
Net profit341 660161 89640 557208 536−132 835
Retained earnings597 724744 470699 366607 923687 219
Total assets1 409 7621 205 814997 2971 376 8581 400 691
Total liabilities467 878296 948254 874557 899843 807
Total equity941 884908 866742 423818 959556 884
Employees810101010
Average gross salary (monthly)19721630189823192756
Calculated dividend200 000194 914207 000132 000129 240

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 note7 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
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
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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52%48%V&K TEED OÜ2Veiko MugamäeKristjan Mitt
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 3586 € (2018). Largest grantors: Eesti Töötukassa (3586 €).

Show all aid records (1)
20183586 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA3586 €31.07.2018

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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