Novars OÜ
RegisteredKey figures
Ratios
2020Summary: Novars OÜ
What kind of company is it?
Novars OÜ (registry code 14281853) 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: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other specialised construction activities (EMTAK 43999).
How is the company doing financially?
Revenue in financial year 2020 was 245 336 €, down 35,5% on the previous year (380 588 €). Net profit for financial year 2020 was 17 373 € (7,1% of revenue). In financial year 2020 the company had 7 employees (5 a year earlier). Revenue per employee was 35 048 €. At the end of financial year 2020, total assets were 102 240 € and equity 73 097 € (71,5% of assets). Based on labour costs in the report, the estimated average gross salary was about 490 € 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.
What should you look out for?
5 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 2020) was filed on 07.07.2021. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Summary of financial statements2019–2020
| 2019 | 2020 | |
|---|---|---|
| Sales revenue | 380 588 | 245 336 |
| Net profit | 47 706 | 17 373 |
| Retained earnings | 5268 | 52 974 |
| Total assets | 105 258 | 102 240 |
| Total liabilities | 49 534 | 29 143 |
| Total equity | 55 724 | 73 097 |
| Employees | 5 | 7 |
| Average gross salary (monthly) | 854 | 490 |
| Calculated dividend | — | 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 obligations2 issues5 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.