Formet Installatsioon OÜ
RegisteredKey figures
Ratios
2025Summary: Formet Installatsioon OÜ
What kind of company is it?
Formet Installatsioon OÜ (registry code 14406585) is a private limited company (OÜ). The company was entered in the Commercial Register in 2018 and has been registered for 8 years. Registered location: Juuliku küla, Saku vald, Harju maakond. According to the latest annual report, the main activity is other specialised construction activities n.e.c. (EMTAK 4399). The company is registered for VAT (VAT number EE102045798).
How is the company doing financially?
Revenue in financial year 2025 was 79 116 €, up 41,3% on the previous year (55 986 €). From 2019 to 2025, revenue declined by an average of 19,1% per year. Net profit for financial year 2025 was 12 671 € (16,0% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 39 558 €. At the end of financial year 2025, total assets were 64 425 € and equity 21 986 € (34,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 25 689 €, up 107% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 2243 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 850 € per month.
Who runs the company and who owns it?
The management board has 2 members. 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 15.09.2026. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 25 689 € | 2 | 2243 € |
| Q2 2026 | 10 260 € | 2 | 2508 € |
| Q1 2026 | 24 862 € | 2 | 2483 € |
| Q4 2025 | 17 504 € | 2 | 2412 € |
| Q3 2025 | 12 404 € | 2 | 2400 € |
| Q2 2025 | 30 050 € | 2 | 2393 € |
| Q1 2025 | 10 133 € | 2 | 2363 € |
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.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 227 038 | 121 994 | 80 807 | 55 986 | 79 116 |
| Net profit | 48 627 | −5636 | −46 746 | −6047 | 12 671 |
| Retained earnings | 16 617 | 65 244 | 59 608 | 12 862 | 6815 |
| Total assets | 111 730 | 98 912 | 53 477 | 47 407 | 64 425 |
| Total liabilities | 43 986 | 36 804 | 38 115 | 38 092 | 42 439 |
| Total equity | 67 744 | 62 108 | 15 362 | 9315 | 21 986 |
| Employees | 3 | 3 | 2 | 2 | 2 |
| Average gross salary (monthly) | 632 | 1302 | 1241 | 743 | 828 |
| Calculated dividend | 10 000 | 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.
Risks and obligations1 note6 clear
Data from public registers, not a credit rating.
Connections graph
Change history
2 changes- 12.10.2026*Annual report 2025 filed
- 12.10.2026*Annual report 2024 filed
Entered in the register on 12.01.2018.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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