Veloteek OÜ

Registered
14142293Private limited company (OÜ)Founded 2016

Key figures

526 986 €−14,8%
Revenue 2025
+10,1%
Average annual growth 2019–2025
0200 k400 k600 k800 k2019202020212022202320242025

Ratios

2025

Summary: Veloteek OÜ

What kind of company is it?

Veloteek OÜ (registry code 14142293) 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: Pärnu linn, Pärnu maakond. According to the latest annual report, the main activity is retail sale of sporting equipment (EMTAK 47631). The company is registered for VAT (VAT number EE101926478).

How is the company doing financially?

Revenue in financial year 2025 was 526 986 €, down 14,8% on the previous year (618 191 €). From 2019 to 2025, revenue grew by an average of 10,1% per year. Financial year 2025 ended with a loss of 64 666 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 4 employees. Revenue per employee was 131 747 €.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 275 662 €, up 16,1% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 16 665 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2580 € 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?

Equity was negative at the end of financial year 2025 (−62 166 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.

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 2026275 662 €416 665 €
Q2 2026288 118 €613 521 €
Q1 2026135 436 €511 122 €
Q4 2025130 666 €415 254 €
Q3 2025237 380 €515 481 €
Q2 2025338 449 €612 445 €
Q1 2025114 787 €511 991 €

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
dividend other equity decrease
20250 €
20240 €
20230 €+123 500 € other
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue558 912580 427622 734618 191526 986
Net profit8157−19 743123 389−45 926−64 666
Retained earnings−122 042−106 146−125 889−2500−48 426
Total assets466 138430 434403 074457 626470 175
Total liabilities452 523427 823400 574455 126532 341
Total equity13 615261125002500−62 166
Employees76544
Average gross salary (monthly)10911577175718872094
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 obligations1 note6 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
Filed late: 2023
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.

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100%Veloteek OÜ4Tanel Kangert
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State aid and grants

1 record

State aid and de minimis aid in total 5166 € (2017). Largest grantors: Eesti Töötukassa (5166 €).

Show all aid records (1)
20175166 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA5166 €27.02.2017

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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