Elvake OÜ
RegisteredKey figures
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2025Summary: Elvake OÜ
What kind of company is it?
Elvake OÜ (registry code 14119041) 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: Elva linn, Elva vald, Tartu maakond. According to the latest annual report, the main activity is restaurant and café activities (EMTAK 56111). The company is registered for VAT (VAT number EE101912767).
How is the company doing financially?
Revenue in financial year 2025 was 310 113 €, down 2,3% on the previous year (317 280 €). From 2019 to 2025, revenue grew by an average of 4,8% per year. Net profit for financial year 2025 was 2635 € (0,8% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 9 employees (10 a year earlier). Revenue per employee was 34 457 €. At the end of financial year 2025, total assets were 32 009 € and equity 13 491 € (42,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 83 469 €, down 9,8% on the same quarter a year earlier. The company had 9 employees in that quarter. Labour taxes paid in the quarter: 13 804 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1080 € 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 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 83 469 € | 9 | 13 804 € |
| Q2 2026 | 68 167 € | 11 | 5875 € |
| Q1 2026 | 44 367 € | 9 | 11 179 € |
| Q4 2025 | 69 083 € | 9 | 11 380 € |
| Q3 2025 | 92 529 € | 8 | 9820 € |
| Q2 2025 | 77 924 € | 10 | 6731 € |
| Q1 2025 | 58 528 € | 9 | 11 614 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 223 182 | 304 800 | 357 014 | 317 280 | 310 113 |
| Net profit | 149 431 | 2828 | 982 | 1831 | 2635 |
| Retained earnings | −146 716 | 2715 | 5543 | 6525 | 8356 |
| Total assets | 31 077 | 39 919 | 48 105 | 34 845 | 32 009 |
| Total liabilities | 25 862 | 31 876 | 39 080 | 23 989 | 18 518 |
| Total equity | 5215 | 8043 | 9025 | 10 856 | 13 491 |
| Employees | 10 | 10 | 8 | 10 | 9 |
| Average gross salary (monthly) | 611 | 588 | 695 | 730 | 847 |
| Calculated dividend | 0 | 0 | 0 | 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 obligations1 note6 clear
Data from public registers, not a credit rating.
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State aid and grants
7 recordsState aid and de minimis aid in total 8579 € (2018–2024). Largest grantors: Eesti Töötukassa (6448 €), Riigi Tugiteenuste Keskus (1683 €), Põllumajanduse Registrite ja Informatsiooni Amet (448 €).
Show all aid records (7)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 3674 € | 15.01.2024 |
| Eesti Töötukassa | Palgatoetus VTA | 2774 € | 20.01.2023 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Muu | 448 € | 07.07.2022 |
| Riigi Tugiteenuste Keskus | Muu | 89 € | 21.08.2020 |
| Riigi Tugiteenuste Keskus | Muu | 78 € | 30.04.2019 |
| Riigi Tugiteenuste Keskus | Muu | 812 € | 09.06.2018 |
| Riigi Tugiteenuste Keskus | Muu | 704 € | 05.05.2018 |
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 ↗
Change history
3 changes- 12.10.2026*Added: Shareholder Kristo Frei
- 12.10.2026*Left: Shareholder Simmo Sepp
- 12.10.2026*Left: Management board member Simmo Sepp
Entered in the register on 22.09.2016.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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