Funkel OÜ

Registered
14067410Private limited company (OÜ)Founded 2016

Key figures

105 667 €−20,2%
Revenue 2025
+22,7%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: Funkel OÜ

What kind of company is it?

Funkel OÜ (registry code 14067410) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is other engineering activities (EMTAK 71129). The company is registered for VAT (VAT number EE101886495).

How is the company doing financially?

Revenue in financial year 2025 was 105 667 €, down 20,2% on the previous year (132 393 €). From 2019 to 2025, revenue grew by an average of 22,7% per year. Net profit for financial year 2025 was 42 536 € (40,3% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 105 667 €. At the end of financial year 2025, total assets were 414 609 € and equity 269 701 € (65,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 43 755 €, up 29,5% on the same quarter a year earlier. Labour taxes paid in the quarter: 2164 €.

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.

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 26.04.2026. 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 202643 755 €—2164 €
Q2 202632 332 €—2164 €
Q1 202622 841 €—2164 €
Q4 202529 332 €—2164 €
Q3 202533 783 €—2164 €
Q2 202520 903 €—2164 €
Q1 202522 526 €—2139 €

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 15 000 € (6% of distributable profit).

History
202515 000 €
20240 €
20230 €
20220 €
2021 ~2000 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue47 37662 58289 099132 393105 667
Net profit27 20239 56658 18386 05142 536
Retained earnings15 45255 86595 431153 614224 665
Total assets84 320105 809161 939246 918414 609
Total liabilities25 955787858254753144 908
Total equity58 36597 931156 114242 165269 701
Employees10111
Average gross salary (monthly)———1268—
Calculated dividend200000015 000

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

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100%Funkel OÜ2Taavi Müntel
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 3411 € (2016). Largest grantors: Eesti Töötukassa (3411 €).

Show all aid records (2)
20163411 €
GrantorPurposeAmountDate
Eesti TöötukassaKoolitus VTA124 €29.12.2016
Eesti TöötukassaPalgatoetus VTA3287 €30.06.2016

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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