Polartec OÜ
RegisteredKey figures
Ratios
2023Summary: Polartec OÜ
What kind of company is it?
Polartec OÜ (registry code 14247796) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other service activities (EMTAK 96099). The company is registered for VAT (VAT number EE101966852).
How is the company doing financially?
Revenue in financial year 2023 was 109 225 €, down 51,0% on the previous year (222 915 €). From 2019 to 2023, revenue declined by an average of 10,2% per year. This is the company's lowest revenue among the published years (2019–2023). Net profit for financial year 2023 was 21 747 € (19,9% of revenue). The company was profitable in all 5 published financial years. According to the report, the company had no employees in financial year 2023. At the end of financial year 2023, total assets were 380 702 € and equity 230 916 € (60,7% of assets).
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?
2 annual reports have not been filed on time, the latest for financial year 2025.
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 2023) was filed on 19.10.2024. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q2 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 |
|---|---|---|---|
| Q2 2026 | — | — | 0 € |
| Q1 2026 | 1800 € | — | 0 € |
| Q4 2025 | 54 726 € | — | 0 € |
| Q3 2025 | 0 € | — | 0 € |
| Q2 2025 | 46 725 € | — | — |
| Q1 2025 | 10 783 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 38 108 € (16% of distributable profit).
Summary of financial statements2019–2023
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales revenue | 167 621 | 312 195 | 177 984 | 222 915 | 109 225 |
| Net profit | 28 711 | 61 938 | 25 642 | 38 108 | 21 747 |
| Retained earnings | 87 878 | 119 089 | 181 027 | 206 669 | 206 669 |
| Total assets | 147 589 | 255 923 | 304 564 | 379 563 | 380 702 |
| Total liabilities | 28 500 | 72 396 | 95 395 | 132 286 | 149 786 |
| Total equity | 119 089 | 183 527 | 209 169 | 247 277 | 230 916 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 0 | 0 | 0 | 38 108 |
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.