Algerest OÜ
RegisteredKey figures
Ratios
2025Summary: Algerest OÜ
What kind of company is it?
Algerest OÜ (registry code 14231186) 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: Liivamäe küla, Jõelähtme vald, Harju maakond. According to the latest annual report, the main activity is manufacture of other structural metal products and parts (EMTAK 25119). The company is registered for VAT (VAT number EE101977605).
How is the company doing financially?
Revenue in financial year 2025 was 5 207 780 €, down 21,9% on the previous year (6 669 929 €). From 2019 to 2025, revenue grew by an average of 2,1% per year. Net profit for financial year 2025 was 111 590 € (2,1% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 22 employees (23 a year earlier). Revenue per employee was 236 717 €. At the end of financial year 2025, total assets were 999 848 € and equity 505 631 € (50,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1 763 992 €, up 103% on the same quarter a year earlier. The company had 17 employees in that quarter. Labour taxes paid in the quarter: 44 038 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1680 € 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 06.07.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (984500FF545663V36E94) comes from the GLEIF database. 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 | 1 763 992 € | 17 | 44 038 € |
| Q2 2026 | 1 395 512 € | 17 | 59 736 € |
| Q1 2026 | 586 838 € | 19 | 92 331 € |
| Q4 2025 | 1 076 679 € | 21 | 120 336 € |
| Q3 2025 | 870 071 € | 22 | 61 408 € |
| Q2 2025 | 1 547 166 € | 22 | 89 053 € |
| Q1 2025 | 2 844 821 € | 21 | 98 509 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 600 088 € (62% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 6 372 114 | 8 459 961 | 4 777 279 | 6 669 929 | 5 207 780 |
| Net profit | 112 015 | 342 763 | −265 975 | 282 003 | 111 590 |
| Retained earnings | 600 323 | 652 838 | 950 601 | 684 626 | 366 541 |
| Total assets | 1 774 638 | 1 482 751 | 1 252 267 | 1 932 454 | 999 848 |
| Total liabilities | 1 034 800 | 459 650 | 540 141 | 938 325 | 494 217 |
| Total equity | 739 838 | 1 023 101 | 712 126 | 994 129 | 505 631 |
| Employees | 23 | 23 | 23 | 23 | 22 |
| Average gross salary (monthly) | 2543 | 2609 | 2496 | 2276 | 2460 |
| Calculated dividend | 72 727 | 59 500 | 45 000 | 0 | 600 088 |
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 obligations2 notes6 clear
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
State aid and grants
15 recordsState aid and de minimis aid in total 468 036 € (2018–2023). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (468 036 €).
Show all aid records (15)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 9629 € | 11.12.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 10 168 € | 30.10.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 635 € | 28.09.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 4496 € | 25.09.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | VKEdele nõustamiseks antav abi (artikkel 18) | 6725 € | 29.06.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 10 045 € | 15.11.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 2384 € | 15.01.2021 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 91 131 € | 08.10.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | VKEdele messidel osalemiseks antav abi (artikkel 19) | 4500 € | 08.10.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus | 277 244 € | 08.10.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Protsessi- ja organisatsiooniinnovatsiooniks antav abi (artikkel 29) | 39 082 € | 08.10.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | VKEdele antav innovatsiooniabi (artikkel 28) | 4436 € | 08.10.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 0 € | 16.09.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Innovatsiooni osak | 3960 € | 30.04.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Innovatsiooni osak | 3600 € | 20.02.2018 |
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 ↗
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- Ericsson Eesti Aktsiaselts417 m €
- Enefit Industry OÜ320 m €
- VKG OIL AS274 m €
- Foxway OÜ251 m €
- AS Maag Eesti191 m €