Vareger Group OÜ

Registered
14059037Private limited company (OÜ)Founded 2016

Key figures

1 456 949 €+18,2%
Revenue 2025
+7,8%
Average annual growth 2019–2025
0500 k1 m1,5 m2 m2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: Vareger Group OÜ

What kind of company is it?

Vareger Group OÜ (registry code 14059037) 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: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE102037463).

How is the company doing financially?

Revenue in financial year 2025 was 1 456 949 €, up 18,2% on the previous year (1 232 263 €). From 2019 to 2025, revenue grew by an average of 7,8% per year. Net profit for financial year 2025 was 113 304 € (7,8% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 1 456 949 €. At the end of financial year 2025, total assets were 819 580 € and equity 426 649 € (52,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 237 675 €, down 31,6% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 11 230 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 6600 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 4 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 2026237 675 €111 230 €
Q2 2026245 585 €118 471 €
Q1 2026322 970 €216 498 €
Q4 2025404 576 €215 101 €
Q3 2025347 427 €211 692 €
Q2 2025268 498 €111 692 €
Q1 2025270 725 €111 469 €

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

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
20230 €
2022299 991 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue1 504 0061 849 389920 2941 232 2631 456 949
Net profit328 57471 769209 743−17 848113 304
Retained earnings18 59847 181118 950328 693310 845
Total assets510 348349 308489 432450 292819 580
Total liabilities160 676227 858158 239136 947392 931
Total equity349 672121 450331 193313 345426 649
Employees22111
Average gross salary (monthly)19082235405259577578
Calculated dividend0299 991000

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 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
All on time
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

Click a node to see its other connections.

40%5%5%50%Vareger Group OÜMykhailo Tiutin1GREEN HOLDINGS OÜ2Soft Spark Investment…2Oleg Pun4Martin Kruusvall
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 11 369 € (2020). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (11 369 €).

Show all aid records (1)
202011 369 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusMuu11 369 €13.11.2020

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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