SEPPS OÜ

Registered
12995407Private limited company (OÜ)Founded 2016

Key figures

510 520 €+9,2%
Revenue 2025
+26,7%
Average annual growth 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025

Summary: SEPPS OÜ

What kind of company is it?

SEPPS OÜ (registry code 12995407) is a private limited company (OÜ). The company was entered in the Commercial Register in 2016 and has been registered for 10 years. Registered location: Kudjape alevik, Saaremaa vald, Saare maakond. According to the latest annual report, the main activity is other sports activities n.e.c. (EMTAK 93199). The company is registered for VAT (VAT number EE101961637).

How is the company doing financially?

Revenue in financial year 2025 was 510 520 €, up 9,2% on the previous year (467 357 €). From 2019 to 2025, revenue grew by an average of 26,7% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 116 887 € (22,9% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 40 employees. Revenue per employee was 12 763 €. At the end of financial year 2025, total assets were 819 498 € and equity 622 590 € (76,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 8764 €, down 60,6% on the same quarter a year earlier. The company had 55 employees in that quarter. Labour taxes paid in the quarter: 13 334 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 350 € 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 (50%) 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 30.06.2026. 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 20268764 €5513 334 €
Q2 2026162 988 €4224 384 €
Q1 2026171 907 €5320 954 €
Q4 2025122 331 €5016 259 €
Q3 202522 224 €5311 160 €
Q2 2025169 647 €4522 936 €
Q1 2025195 822 €5121 772 €

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 8700 € (2% of distributable profit).

History
20258700 €
20248600 €
20235500 €
20223000 €
202114 021 €
20203000 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue120 630287 982372 812467 357510 520
Net profit82 641106 47679 39299 027116 887
Retained earnings161 467241 108342 084412 876503 203
Total assets272 514380 272453 042556 012819 498
Total liabilities25 90630 18829 06641 609196 908
Total equity246 608350 084423 976514 403622 590
Employees1631354040
Average gross salary (monthly)————308
Calculated dividend14 0213000550086008700

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: 2024
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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50%50%SEPPS OÜ1Madis SeppMerlyn Leiman
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

5 records

State aid and de minimis aid in total 75 211 € (2022–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (75 114 €), Riigi Tugiteenuste Keskus (79 €), MTÜ Maakondlikud Arenduskeskused (18 €).

Show all aid records (5)
202675 114 €
202518 €
202357 €
202223 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusMuu75 114 €25.09.2026
MTÜ Maakondlikud ArenduskeskusedMuu18 €06.05.2025
Riigi Tugiteenuste KeskusMuu28 €13.10.2023
Riigi Tugiteenuste KeskusMuu28 €13.10.2023
Riigi Tugiteenuste KeskusMuu23 €30.11.2022

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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