VELAK EESTI OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 61 107 € | — | 0 € |
| Q2 2026 | 136 728 € | — | 0 € |
| Q1 2026 | 44 930 € | — | 0 € |
| Q4 2025 | 30 003 € | — | 813 € |
| Q3 2025 | 35 407 € | 1 | 2059 € |
| Q2 2025 | 51 656 € | 2 | 2059 € |
| Q1 2025 | 70 519 € | 2 | 1419 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 27 454 | 101 202 | 108 972 | 266 203 | 388 991 | 391 198 | 517 707 |
| Total non-current assets | 870 | 761 | 30 811 | 27 730 | 24 649 | 21 568 | 18 743 |
| Total assets | 28 324 | 101 963 | 139 783 | 293 933 | 413 640 | 412 766 | 536 450 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 22 159 | 78 481 | 105 046 | 259 076 | 378 387 | 377 424 | 495 572 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 22 159 | 78 481 | 105 046 | 259 076 | 378 387 | 377 424 | 495 572 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | −4492 | 3665 | 20 982 | 32 237 | 32 357 | 32 753 | 32 842 |
| Profit for the year | 8157 | 17 317 | 11 255 | 120 | 396 | 89 | 5536 |
| Total equity | 6165 | 23 482 | 34 737 | 34 857 | 35 253 | 35 342 | 40 878 |
| Income statement | |||||||
| Sales revenue | 29 563 | 77 770 | 142 982 | 146 243 | 251 604 | 136 442 | 122 591 |
| Operating profit | 8157 | 17 318 | 11 536 | 1581 | 3476 | 1128 | 6243 |
| EBITDA | 8266 | 17 427 | 14 386 | 4662 | 6557 | 4209 | 9068 |
| Profit before income tax | 8157 | 17 317 | 11 255 | 120 | 396 | 89 | 5536 |
| Profit for the reporting year | 8157 | 17 317 | 11 255 | 120 | 396 | 89 | 5536 |
| Labour costs | 0 | — | — | — | — | 8134 | 14 771 |
| Depreciation of non-current assets | 109 | 109 | 2850 | 3081 | 3081 | 3081 | 2825 |
| Other indicators | |||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
| Calculated dividend | — | 0 | 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 obligationsAll clear
Data from public registers, not a credit rating.
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Public procurement
2 contractsPublic contracts won worth 16 815 € from 1 contracting authorities (22.02.2024–25.02.2024).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Sihtmärgid metallist | Riigi Kaitseinvesteeringute Keskus | 5075 € | 25.02.2024 |
| IPSC Popper ja duellipuu | Riigi Kaitseinvesteeringute Keskus | 11 740 € | 22.02.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Summary: VELAK EESTI OÜ
Overview
VELAK EESTI OÜ (registry code 14217223) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 9 years. Registered location: Nõmme linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is sporditarvete jaemüük (EMTAK 47631). The company is registered for VAT (VAT number EE101953700).
Financial results
Revenue in financial year 2025 was 122 591 €, down 10,2% on the previous year (136 442 €). From 2019 to 2025, revenue grew by an average of 26,8% per year. Net profit for financial year 2025 was 5536 € (4,5% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 61 296 €. At the end of financial year 2025, total assets were 536 450 € and equity 40 878 € (7,6% of assets). Based on labour costs in the report, the estimated average gross salary was about 460 € per month.
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 61 107 €, up 72,6% on the same quarter a year earlier.
Management and owners
The company has one management board member. The sole owner of the company is a private individual.
Data sources and freshness
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 07.04.2026. 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.