VG Estonia OÜRegistered
Annual report for 2025 not filed.
Key figures
22 998 952 €+0,8%
Revenue 2024
+124,5%
Average annual growth 2019–2024
Ratios
20241,4%
Profit margin
10,0%
EBITDA margin
59,8%
Equity ratio
3,0×
Current ratio
1,5%
Return on equity
5506 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 20 867 633 € | 331 | 3 082 108 € |
| Q1 2026 | 19 890 351 € | 322 | 2 176 212 € |
| Q4 2025 | 15 111 705 € | 301 | 2 550 471 € |
| Q3 2025 | 20 184 869 € | 279 | 3 030 596 € |
| Q2 2025 | 17 008 794 € | 287 | 2 716 686 € |
| Q1 2025 | 14 593 753 € | 280 | 1 984 543 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2024
| 2019 † | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 172 011 | 1 132 333 | 14 897 974 | 22 319 455 | 24 096 786 | 28 923 819 |
| Total non-current assets | 686 250 | 498 247 | 844 535 | 1 689 939 | 6 025 260 | 5 196 685 |
| Total assets | 858 261 | 1 630 580 | 15 742 509 | 24 009 394 | 30 122 046 | 34 120 504 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 401 175 | 1 303 898 | 4 766 671 | 6 593 192 | 8 231 023 | 9 483 437 |
| Non-current liabilities | 1 772 852 | 188 608 | 68 579 | 0 | 2 795 692 | 4 217 616 |
| Total liabilities | 2 174 027 | 1 492 506 | 4 835 250 | 6 593 192 | 11 026 715 | 13 701 053 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | −1 331 363 | −2 161 683 | 6 387 619 | 11 090 345 | 12 198 616 |
| Profit for the year | −1 331 363 | −865 026 | 8 549 302 | 4 702 726 | 1 108 271 | 311 971 |
| Reserves and other equity | — | 2 331 963 | 4 517 140 | 6 323 357 | 6 894 215 | 7 906 364 |
| Total equity | −1 315 766 | 138 074 | 10 907 259 | 17 416 202 | 19 095 331 | 20 419 451 |
| Income statement | ||||||
| Sales revenue | 403 240 | 2 980 861 | 8 286 405 | 14 283 850 | 22 820 981 | 22 998 952 |
| Operating profit | −1 298 185 | −797 457 | 8 619 176 | 5 049 387 | 1 276 949 | 663 271 |
| EBITDA | −1 142 245 | −566 502 | 9 004 230 | 5 608 899 | 2 488 144 | 2 308 390 |
| Profit before income tax | −1 331 363 | −865 026 | 8 549 302 | 4 702 726 | 1 108 271 | 311 971 |
| Profit for the reporting year | −1 331 363 | −865 026 | 8 549 302 | 4 702 726 | 1 108 271 | 311 971 |
| Labour costs | 1 073 703 | 2 996 726 | 12 466 304 | 19 662 408 | 19 728 517 | 18 587 010 |
| Depreciation of non-current assets | 155 940 | 230 955 | 385 054 | 559 512 | 1 211 195 | 1 645 119 |
| Other indicators | ||||||
| Employees | 27 | 70 | 168 | 271 | 305 | 280 |
| 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. † Figures for the marked years come from a report filed as PDF and may be incomplete.
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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