Decovar OÜ
RegisteredKey figures
Ratios
2021Summary: Decovar OÜ
What kind of company is it?
Decovar OÜ (registry code 14002020) 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: Võnnu alevik, Kastre vald, Tartu maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41201).
How is the company doing financially?
Revenue in financial year 2021 was 310 788 €, up 16,2% on the previous year (267 471 €). From 2019 to 2021, revenue declined by an average of 10,9% per year. Net profit for financial year 2021 was 77 804 € (25,0% of revenue). The company was profitable in 1 of the 3 published financial years. In financial year 2021 the company had 2 employees (5 a year earlier). Revenue per employee was 155 394 €. Based on labour costs in the report, the estimated average gross salary was about 800 € 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.
What should you look out for?
4 annual reports have not been filed on time, the latest for financial year 2025. Equity was negative at the end of financial year 2021 (−4229 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.
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 2021) was filed on 30.05.2023. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Summary of financial statements2019–2021
| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Sales revenue | 391 086 | 267 471 | 310 788 |
| Net profit | −67 383 | −17 249 | 77 804 |
| Retained earnings | −250 | −67 633 | −84 883 |
| Total assets | 62 119 | 109 079 | 176 360 |
| Total liabilities | 127 002 | 191 111 | 180 589 |
| Total equity | −64 883 | −82 032 | −4229 |
| Employees | 8 | 5 | 2 |
| Average gross salary (monthly) | 904 | 1124 | 797 |
| Calculated dividend | — | 0 | 0 |
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 obligations2 issues5 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.