Division Red OÜRegistered
Key figures
522 058 €+60,8%
Revenue 2025
+45,8%
Average annual growth 2019–2025
Ratios
20254,2%
Profit margin
6,0%
EBITDA margin
68,3%
Equity ratio
6,8×
Current ratio
17,6%
Return on equity
1134 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 231 822 € | 2 | 3249 € |
| Q1 2026 | 77 560 € | 2 | 5212 € |
| Q4 2025 | 117 132 € | 2 | 7026 € |
| Q3 2025 | 209 839 € | 2 | 5452 € |
| Q2 2025 | 70 737 € | 2 | 3937 € |
| Q1 2025 | 226 894 € | 2 | 6363 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 18 016 | 68 161 | 30 232 | 117 681 | 127 733 | 213 597 | 178 951 |
| Total non-current assets | 4969 | 24 541 | 15 933 | 7100 | 15 352 | 3123 | 2799 |
| Total assets | 22 985 | 92 702 | 46 165 | 124 781 | 143 085 | 216 720 | 181 750 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 6391 | 21 348 | 17 546 | 31 506 | 27 646 | 41 301 | 26 319 |
| Non-current liabilities | — | — | 24 000 | 17 000 | 17 915 | 73 138 | 31 354 |
| Total liabilities | 6391 | 21 348 | 41 546 | 48 506 | 45 561 | 114 439 | 57 673 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 12 471 | 14 094 | 68 854 | 2119 | 73 775 | 95 024 | 99 781 |
| Profit for the year | 1623 | 54 760 | −66 735 | 71 656 | 21 249 | 4757 | 21 796 |
| Total equity | 16 594 | 71 354 | 4619 | 76 275 | 97 524 | 102 281 | 124 077 |
| Income statement | |||||||
| Sales revenue | 54 366 | 264 389 | 194 788 | 653 059 | 762 978 | 324 738 | 522 058 |
| Operating profit | 1623 | 54 816 | −66 418 | 71 951 | 21 602 | 10 759 | 28 583 |
| EBITDA | 2484 | 62 497 | −55 373 | 80 784 | 28 017 | 16 543 | 31 303 |
| Profit before income tax | 1623 | 54 760 | −66 735 | 71 656 | 21 249 | 4757 | 21 796 |
| Profit for the reporting year | 1623 | 54 760 | −66 735 | 71 656 | 21 249 | 4757 | 21 796 |
| Labour costs | 25 135 | 45 365 | 23 584 | 74 805 | 167 333 | 87 795 | 66 044 |
| Depreciation of non-current assets | 861 | 7681 | 11 045 | 8833 | 6415 | 5784 | 2720 |
| Other indicators | |||||||
| Employees | 2 | 4 | 4 | 4 | 6 | 3 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 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.
Connections graph
Click a node to see its other connections.
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Electrical installation works