Velstand Company OÜ
RegisteredKey figures
Ratios
2023Summary: Velstand Company OÜ
What kind of company is it?
Velstand Company OÜ (registry code 14449809) 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: Mustamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is renting and operating of own or leased real estate (EMTAK 68201). The company is registered for VAT (VAT number EE102291746).
How is the company doing financially?
Revenue in financial year 2023 was 36 353 €, down 60,4% on the previous year (91 794 €). Net profit for financial year 2023 was 27 337 € (75,2% of revenue). The company was profitable in 2 of the 5 published financial years. According to the report, the company had no employees in financial year 2023.
What do the latest quarters show?
According to the Tax and Customs Board, the company declared no turnover in Q2 2026.
Who runs the company and who owns it?
The management board has 2 members. The sole owner of the company is a private individual.
What should you look out for?
2 annual reports have not been filed on time, the latest for financial year 2025. Equity was negative at the end of financial year 2023 (−5222 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.
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 2023) was filed on 02.07.2024. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q2 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 |
|---|---|---|---|
| Q2 2026 | 0 € | — | 0 € |
| Q1 2026 | 2060 € | — | 0 € |
| Q4 2025 | 37 424 € | — | 0 € |
| Q3 2025 | 8719 € | — | 0 € |
| Q2 2025 | 8467 € | — | 0 € |
| Q1 2025 | 6182 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2023
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales revenue | 0 | 21 301 | 114 768 | 91 794 | 36 353 |
| Net profit | 0 | 439 | −15 798 | −19 701 | 27 337 |
| Retained earnings | 0 | 0 | 439 | −15 358 | −35 059 |
| Total assets | 2500 | 6565 | 23 313 | 12 411 | 24 038 |
| Total liabilities | — | 3626 | 36 172 | 44 970 | 29 260 |
| Total equity | 2500 | 2939 | −12 859 | −32 559 | −5222 |
| Employees | 0 | 0 | 2 | 4 | 0 |
| Average gross salary (monthly) | — | — | 767 | 355 | — |
| Calculated dividend | — | 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 obligations2 issues5 clear
Data from public registers, not a credit rating.
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