Gvel Veod OÜ
RegisteredKey figures
Ratios
2023Summary: Gvel Veod OÜ
What kind of company is it?
Gvel Veod OÜ (registry code 14605468) is a private limited company (OÜ). The company was entered in the Commercial Register in 2018 and has been registered for 7 years. Registered location: Maardu linn, Harju maakond. According to the latest annual report, the main activity is freight transport by road (EMTAK 49411).
How is the company doing financially?
Revenue in financial year 2023 was 422 686 €, up 16,1% on the previous year (364 064 €). From 2018/19 to 2023, revenue grew by an average of 66,6% per year. Net profit for financial year 2023 was 12 259 € (2,9% of revenue). The company was profitable in 4 of the 5 published financial years. In financial year 2023 the company had 4 employees. Revenue per employee was 105 672 €. At the end of financial year 2023, total assets were 174 888 € and equity 21 441 € (12,3% of assets). Based on labour costs in the report, the estimated average gross salary was about 660 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q1 2025 was 18 331 €. Labour taxes paid in the quarter: 732 €.
Who runs the company and who owns it?
The company has one management board member. 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.
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 10.06.2024. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q1 2025. 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 |
|---|---|---|---|
| Q1 2025 | 18 331 € | — | 732 € |
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
| 2018/19 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales revenue | 54 922 | 210 673 | 433 804 | 364 064 | 422 686 |
| Net profit | 12 147 | 13 814 | 9418 | −28 032 | 12 259 |
| Retained earnings | 0 | 11 484 | 25 298 | 34 714 | 6682 |
| Total assets | 30 577 | 119 354 | 189 256 | 115 589 | 174 888 |
| Total liabilities | 16 593 | 91 556 | 152 040 | 106 407 | 153 447 |
| Total equity | 13 984 | 27 798 | 37 216 | 9182 | 21 441 |
| Employees | 1 | 3 | 4 | 4 | 4 |
| Average gross salary (monthly) | 334 | 310 | 824 | 682 | 655 |
| 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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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.