FSE CAPITAL OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 0 € | 6 | 11 201 € |
| Q2 2026 | 48 477 € | 5 | 5642 € |
| Q1 2026 | 86 684 € | 9 | 2981 € |
| Q4 2025 | 55 056 € | 8 | 4772 € |
| Q3 2025 | 77 263 € | 9 | 3141 € |
| Q2 2025 | 73 021 € | 8 | 8252 € |
| Q1 2025 | 106 285 € | 6 | 8056 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 16 309 | 49 613 | 66 496 | 97 463 | 166 983 | 33 734 | 62 991 |
| Total non-current assets | 23 729 | 30 215 | 40 016 | 169 494 | 183 984 | 241 079 | 254 693 |
| Total assets | 40 038 | 79 828 | 106 512 | 266 957 | 350 967 | 274 813 | 317 684 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 11 435 | 31 601 | 49 083 | 97 499 | 177 259 | 121 432 | 109 800 |
| Non-current liabilities | 5075 | 11 578 | 9525 | 115 366 | 120 252 | 61 454 | 50 547 |
| Total liabilities | 16 510 | 43 179 | 58 608 | 212 865 | 297 511 | 182 886 | 160 347 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 6327 | 21 028 | 34 148 | 44 613 | 51 591 | 50 956 | 89 427 |
| Profit for the year | 14 701 | 13 121 | 11 256 | 6979 | −635 | 38 471 | 65 410 |
| Total equity | 23 528 | 36 649 | 47 904 | 54 092 | 53 456 | 91 927 | 157 337 |
| Income statement | |||||||
| Sales revenue | 176 969 | 105 922 | 114 495 | 160 147 | 222 074 | 340 024 | 325 395 |
| Operating profit | 18 191 | 17 806 | 14 760 | 11 460 | 7239 | 46 543 | 69 115 |
| EBITDA | 21 528 | 25 752 | 23 337 | 19 982 | 28 735 | 66 618 | 92 709 |
| Profit before income tax | 14 701 | 13 121 | 11 256 | 6979 | −635 | 38 471 | 65 410 |
| Profit for the reporting year | 14 701 | 13 121 | 11 256 | 6979 | −635 | 38 471 | 65 410 |
| Labour costs | 16 029 | 8910 | 13 019 | 12 626 | 35 398 | 44 707 | 59 640 |
| Depreciation of non-current assets | 3337 | 7946 | 8577 | 8522 | 21 496 | 20 075 | 23 594 |
| Other indicators | |||||||
| Employees | 0 | 1 | 1 | 5 | 8 | 4 | 5 |
| Calculated dividend | — | 0 | 0 | 791 | 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 obligations1 issue1 note3 clear
Data from public registers, not a credit rating.
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Public procurement
36 contractsPublic contracts won worth 477 737 € from 10 contracting authorities (30.08.2023–11.05.2026).
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: FSE CAPITAL OÜ
Overview
FSE CAPITAL OÜ (registry code 14253615) 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: Rakvere linn, Lääne-Viru maakond. According to the latest annual report, the main activity is landscape service activities (EMTAK 81301). The company is registered for VAT (VAT number EE101992936).
Financial results
Revenue in financial year 2025 was 325 395 €, down 4,3% on the previous year (340 024 €). From 2019 to 2025, revenue grew by an average of 10,7% per year. Net profit for financial year 2025 was 65 410 € (20,1% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 5 employees (4 a year earlier). Revenue per employee was 65 079 €. At the end of financial year 2025, total assets were 317 684 € and equity 157 337 € (49,5% of assets).
Latest quarterly figures
According to the Tax and Customs Board, the company declared no turnover in Q3 2026. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1270 € per month.
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 19.03.2026. 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.