Vare Ehitus OÜ

Registered
14091147Private limited company (OÜ)Founded 2016

Key figures

129 413 €−33,5%
Revenue 2025
−2,5%
Average annual change 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025

Summary: Vare Ehitus OÜ

What kind of company is it?

Vare Ehitus OÜ (registry code 14091147) 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: Samma küla, Viru-Nigula vald, Lääne-Viru maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE101908166).

How is the company doing financially?

Revenue in financial year 2025 was 129 413 €, down 33,5% on the previous year (194 673 €). From 2019 to 2025, revenue declined by an average of 2,5% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 16 116 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 43 138 €. At the end of financial year 2025, total assets were 46 576 € and equity 32 547 € (69,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 65 554 €, up 61,9% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 5230 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1200 € 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.

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 27.01.2026. 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 202665 554 €35230 €
Q2 202639 840 €34148 €
Q1 202628 154 €32750 €
Q4 202539 574 €33392 €
Q3 202540 490 €33346 €
Q2 202524 531 €34852 €
Q1 202524 969 €34138 €

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

Summary of financial statements2021–2025
20212022202320242025
Sales revenue162 641153 135166 353194 673129 413
Net profit4835−476214 24231 828−16 116
Retained earnings2048559314 33546 163
Total assets19 52625 36236 44956 36646 576
Total liabilities12 17122 76919 614770314 029
Total equity7355259316 83548 66332 547
Employees33333
Average gross salary (monthly)701938850829920
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 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
100%Vare Ehitus OÜIvar Noormaa
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 9 € (2019). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (9 €).

Show all aid records (1)
20199 €

The total also includes 1 tax reductions worth 9 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

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