ETSUL INVEST OÜ
RegisteredKey figures
Ratios
2024Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: ETSUL INVEST OÜ
What kind of company is it?
ETSUL INVEST OÜ (registry code 14135991) 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: Kristiine linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is non-specialised retail sale agency services (EMTAK 47911). The company is registered for VAT (VAT number EE102213245).
How is the company doing financially?
Revenue in financial year 2024 was 285 476 €, down 74,5% on the previous year (1 119 212 €). From 2019 to 2024, revenue grew by an average of 32,9% per year. Net profit for financial year 2024 was 132 128 € (46,3% of revenue). The company was profitable in 4 of the 6 published financial years. In financial year 2024 the company had 1 employees. Revenue per employee was 285 476 €. At the end of financial year 2024, total assets were 190 174 € and equity 158 242 € (83,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 228 €, down 46,2% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 1213 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 560 € 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 22.05.2025. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 228 € | 2 | 1213 € |
| Q2 2026 | 143 € | 2 | 1213 € |
| Q1 2026 | 363 € | 2 | 1483 € |
| Q4 2025 | 2733 € | 2 | 1759 € |
| Q3 2025 | 424 € | 2 | 1365 € |
| Q2 2025 | 237 € | 2 | 4461 € |
| Q1 2025 | 1857 € | 2 | 2881 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 69 601 € (75% of distributable profit).
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 2 619 736 | 3 829 974 | 1 574 496 | 1 119 212 | 285 476 |
| Net profit | 193 469 | 702 664 | −491 073 | −52 084 | 132 128 |
| Retained earnings | 1462 | 7794 | 689 384 | 145 299 | 23 614 |
| Total assets | 207 684 | 806 361 | 234 106 | 126 134 | 190 174 |
| Total liabilities | 10 253 | 93 403 | 33 295 | 30 419 | 31 932 |
| Total equity | 197 431 | 712 958 | 200 811 | 95 715 | 158 242 |
| Employees | 2 | 2 | 2 | 1 | 1 |
| Average gross salary (monthly) | 614 | 5534 | 6376 | 453 | 1247 |
| Calculated dividend | 2579 | 187 137 | 21 074 | 53 012 | 69 601 |
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
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.