Navestel OÜ

Registered
14249565Private limited company (OÜ)Founded 2017

Key figures

507 051 €−3,9%
Revenue 2025
+11,6%
Average annual growth 2019–2025
0500 k1 m1,5 m2 m2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: Navestel OÜ

What kind of company is it?

Navestel OÜ (registry code 14249565) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is other engineering activities (EMTAK 71129). The company is registered for VAT (VAT number EE101967495).

How is the company doing financially?

Revenue in financial year 2025 was 507 051 €, down 3,9% on the previous year (527 834 €). From 2019 to 2025, revenue grew by an average of 11,6% per year. Net profit for financial year 2025 was 204 800 € (40,4% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 507 051 €. At the end of financial year 2025, total assets were 848 697 € and equity 831 977 € (98,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 35 318 €, down 66,1% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 3382 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2130 € 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 01.04.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (9845002A895D8FDD1560) 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202635 318 €13382 €
Q2 2026156 460 €13382 €
Q1 202699 910 €14927 €
Q4 2025158 325 €12708 €
Q3 2025104 073 €12708 €
Q2 202584 573 €13610 €
Q1 2025188 837 €12336 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 20 000 € (3% of distributable profit).

History
202520 000 €
202428 000 €
202337 000 €
202242 000 €
202137 999 €
202015 000 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue1 271 8941 856 475370 306527 834507 051
Net profit220 145234 25759 493194 396204 800
Retained earnings43 386221 531418 788450 281624 677
Total assets282 109466 470487 744664 752848 697
Total liabilities16 0788182696317 57516 720
Total equity266 031458 288480 781647 177831 977
Employees22221
Average gross salary (monthly)14711753128710611927
Calculated dividend37 99942 00037 00028 00020 000

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
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
All on time
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.

Connections graph
100%Navestel OÜAndres Viljasaar
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 400 € (2018). Largest grantors: Riigi Tugiteenuste Keskus (400 €).

Show all aid records (1)
2018400 €
GrantorPurposeAmountDate
Riigi Tugiteenuste KeskusNõustamine VTA400 €14.11.2018

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.

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