Sutu OÜ

Registered
14562730Private limited company (OÜ)Founded 2018

Key figures

63 350 €+76,2%
Revenue 2025
+15,7%
Average annual growth 2018/19–2025
020 k40 k60 k80 k2018/19202020212022202320242025

Ratios

2025

Summary: Sutu OÜ

What kind of company is it?

Sutu OÜ (registry code 14562730) 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: Suure-Rootsi küla, Saaremaa vald, Saare maakond. According to the latest annual report, the main activity is manufacture of articles of cork, straw and plaiting materials (EMTAK 16282). The company is registered for VAT (VAT number EE102098266).

How is the company doing financially?

Revenue in financial year 2025 was 63 350 €, up 76,2% on the previous year (35 953 €). From 2018/19 to 2025, revenue grew by an average of 15,7% per year. This is the company's highest revenue among the published years (2018/19–2025). Net profit for financial year 2025 was 91 399 € (144% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 63 350 €. At the end of financial year 2025, total assets were 525 344 € and equity 162 733 € (31,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 1392 €, down 35,3% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 960 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 760 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 2 owners. The largest stake (75%) is held by MIALMA OÜ.

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 09.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20261392 €1960 €
Q2 20267996 €12879 €
Q1 202624 357 €1960 €
Q4 202515 367 €—0 €
Q3 20252151 €—0 €
Q2 202537 337 €—9916 €
Q1 202516 734 €219 344 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2021–2025
20212022202320242025
Sales revenue55 22225 46932 06635 95363 350
Net profit−15 84043 109812813 43091 399
Retained earnings−19 160043 10951 23764 667
Total assets442 346429 611421 700477 022525 344
Total liabilities437 346381 502365 463407 355362 611
Total equity500048 10956 23769 667162 733
Employees31121
Average gross salary (monthly)96552154421291057
Calculated dividend—0000

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 obligationsAll clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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75%25%Sutu OÜ1MIALMA OÜSumevalge OÜ4Kaido Saar
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

21 records

State aid and de minimis aid in total 390 074 € (2019–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (150 682 €), Riigi Tugiteenuste Keskus (137 520 €), Põllumajanduse Registrite ja Informatsiooni Amet (83 809 €), SA Keskkonnainvesteeringute Keskus (17 959 €).

Show all aid records (21)
2026249 €
20254882 €
2024104 €
2023146 003 €
20225636 €
20215541 €
2019227 660 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusT&A VTA249 €05.10.2026
Ettevõtluse ja Innovatsiooni SihtasutusT&A VTA1562 €03.10.2025
Riigi Tugiteenuste KeskusMuu452 €10.07.2025
Ettevõtluse ja Innovatsiooni SihtasutusT&A VTA2868 €11.04.2025
MTÜ Maakondlikud ArenduskeskusedMuu54 €30.09.2024
MTÜ Maakondlikud ArenduskeskusedMuu50 €16.04.2024
Ettevõtluse ja Innovatsiooni SihtasutusTeadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringud114 518 €31.05.2023
Ettevõtluse ja Innovatsiooni SihtasutusTeadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus23 084 €31.05.2023
Ettevõtluse ja Innovatsiooni SihtasutusTeadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt d) - teostatavusuuringud8400 €31.05.2023
Põllumajanduse Registrite ja Informatsiooni AmetKoolitus VTA102 €24.11.2022
Põllumajanduse Registrite ja Informatsiooni AmetKoolitus VTA1600 €01.07.2022
Riigi Tugiteenuste KeskusMuu75 €27.05.2022
Riigi Tugiteenuste KeskusMuu38 €22.04.2022
Põllumajanduse Registrite ja Informatsiooni AmetKoolitus VTA3822 €09.03.2022
Põllumajanduse Registrite ja Informatsiooni AmetKoolitus VTA1590 €31.12.2021
Põllumajanduse Registrite ja Informatsiooni AmetKoolitus VTA1696 €23.12.2021
SA Keskkonnainvesteeringute KeskusMuu2255 €10.12.2021
Ettevõtluse ja Innovatsiooni SihtasutusEkspordi edendamine VTA0 €11.03.2021
SA Keskkonnainvesteeringute KeskusMuu15 704 €23.11.2019
Riigi Tugiteenuste KeskusTeadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringud136 956 €07.03.2019
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud75 000 €31.01.2019

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies

Same activity — Manufacture of articles of cork, straw and plaiting materials