GALEX TRADE OÜ

Registered
14047749Private limited company (OÜ)Founded 2016
Annual report for 2025 not filed.

Key figures

110 403 €−77,7%
Revenue 2024
+43,6%
Average annual growth 2019–2024
0500 k1 m1,5 m201920202021202220232024

Ratios

2024

Summary: GALEX TRADE OÜ

What kind of company is it?

GALEX TRADE OÜ (registry code 14047749) 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: Tõrva linn, Tõrva vald, Valga maakond. According to the latest annual report, the main activity is renting and leasing of cars and light motor vehicles (up to 3.5 t) (EMTAK 77111). The company is registered for VAT (VAT number EE102147175).

How is the company doing financially?

Revenue in financial year 2024 was 110 403 €, down 77,7% on the previous year (496 133 €). From 2019 to 2024, revenue grew by an average of 43,6% per year. Financial year 2024 ended with a loss of 129 001 €. The company was profitable in 2 of the 6 published financial years. In financial year 2024 the company had 1 employees (6 a year earlier). Revenue per employee was 110 403 €. At the end of financial year 2024, total assets were 99 977 € and equity 69 821 € (69,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 116 030 €, up 15,2% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 6886 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1190 € 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?

The annual report for financial year 2025 has not been filed on time.

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 2024) was filed on 03.07.2025. 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 2026116 030 €46886 €
Q2 2026125 960 €48106 €
Q1 2026163 568 €48713 €
Q4 2025211 527 €55875 €
Q3 2025100 727 €56833 €
Q2 202570 250 €3217 €
Q1 202547 755 €—767 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2024

No dividends were distributed.

History
dividend other equity decrease
20240 €
20230 €
20220 €+20 000 € other
20210 €
20200 €
Summary of financial statements2020–2024
20202021202220232024
Sales revenue60 991101 6591 002 486496 133110 403
Net profit−7779−20 703278 662−62 461−129 001
Retained earnings1103−6676−27 379251 283188 822
Total assets83 88626 546329 933223 63099 977
Total liabilities77 56223 92568 65024 80830 156
Total equity63242621261 283198 82269 821
Employees14461
Average gross salary (monthly)6821221132310101211
Calculated dividend00000

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 issue6 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
2/3 filed
Not filed: 2025
Filed late: 2023, 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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100%GALEX TRADE OÜ1Oleksandr Tymofiichuk
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 1440 € (2022). Largest grantors: Eesti Töötukassa (1440 €).

Show all aid records (1)
20221440 €
GrantorPurposeAmountDate
Eesti TöötukassaKoolitus VTA1440 €11.10.2022

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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