Initex Grupp OÜ
RegisteredKey figures
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2025Summary: Initex Grupp OÜ
What kind of company is it?
Initex Grupp OÜ (registry code 14652172) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 7 years. Registered location: Varangu küla, Haljala vald, Lääne-Viru maakond. According to the latest annual report, the main activity is construction of water, gas and sewerage pipelines (EMTAK 4221). The company is registered for VAT (VAT number EE102147447).
How is the company doing financially?
Revenue in financial year 2025 was 1 427 399 €, up 42,7% on the previous year (999 956 €). From 2019 to 2025, revenue grew by an average of 77,9% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 170 971 € (12,0% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 4 employees (3 a year earlier). Revenue per employee was 356 850 €. At the end of financial year 2025, total assets were 479 063 € and equity 331 926 € (69,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 267 542 €, down 21,7% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 13 640 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2150 € per month.
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.
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 30.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 267 542 € | 4 | 13 640 € |
| Q2 2026 | 338 061 € | 4 | 11 524 € |
| Q1 2026 | 184 289 € | 4 | 15 457 € |
| Q4 2025 | 425 080 € | 4 | 16 356 € |
| Q3 2025 | 341 820 € | 4 | 13 849 € |
| Q2 2025 | 396 697 € | 4 | 13 871 € |
| Q1 2025 | 371 826 € | 5 | 13 746 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 56 000 € (26% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 85 128 | 583 588 | 847 198 | 999 956 | 1 427 399 |
| Net profit | 12 830 | 166 966 | 90 202 | 93 087 | 170 971 |
| Retained earnings | 1420 | 0 | 99 716 | 121 368 | 158 455 |
| Total assets | 28 440 | 266 226 | 310 575 | 412 299 | 479 063 |
| Total liabilities | 9944 | 96 760 | 118 157 | 195 344 | 147 137 |
| Total equity | 18 496 | 169 466 | 192 418 | 216 955 | 331 926 |
| Employees | 0 | 1 | 2 | 3 | 4 |
| Average gross salary (monthly) | — | 1589 | 1676 | 1832 | 2283 |
| Calculated dividend | 0 | 14 250 | 67 250 | 68 550 | 56 000 |
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
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.
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