Araxes OÜRegistered
Key figures
43 528 119 €+19,8%
Revenue 2025
+25,4%
Average annual growth 2019–2025
Ratios
2025−0,4%
Profit margin
0,5%
EBITDA margin
19,1%
Equity ratio
1,0×
Current ratio
−7,3%
Return on equity
999 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 10 986 716 € | 269 | 373 214 € |
| Q1 2026 | 10 976 889 € | 248 | 383 714 € |
| Q4 2025 | 10 819 226 € | 251 | 375 474 € |
| Q3 2025 | 11 251 738 € | 251 | 378 272 € |
| Q2 2025 | 10 577 165 € | 250 | 367 633 € |
| Q1 2025 | 10 641 474 € | 245 | 349 661 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
No dividends were distributed.
History
20250 €
2024105 299 €
2023137 100 €
202260 000 €
202130 000 €
20200 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 2 712 980 | 3 575 828 | 5 040 061 | 5 236 817 | 6 908 957 | 8 583 399 | 11 179 824 |
| Total non-current assets | 696 266 | 821 904 | 785 739 | 1 313 936 | 1 441 078 | 2 038 678 | 2 422 600 |
| Total assets | 3 409 246 | 4 397 732 | 5 825 800 | 6 550 753 | 8 350 035 | 10 622 077 | 13 602 424 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 2 554 013 | 3 650 662 | 4 473 143 | 4 582 374 | 5 641 629 | 7 788 283 | 10 985 495 |
| Non-current liabilities | — | — | 87 135 | 66 031 | 44 449 | 40 131 | 13 173 |
| Total liabilities | 2 554 013 | 3 650 662 | 4 560 278 | 4 648 405 | 5 686 078 | 7 828 414 | 10 998 668 |
| Share capital | 15 500 | 15 500 | 15 500 | 15 500 | 15 500 | 15 500 | 15 500 |
| Retained earnings of previous periods | 0 | 321 417 | 183 254 | 671 706 | 1 231 432 | 2 024 842 | 2 259 847 |
| Profit for the year | 321 417 | −108 163 | 548 452 | 696 826 | 898 709 | 235 005 | −189 907 |
| Reserves and other equity | 518 316 | 518 316 | 518 316 | 518 316 | 518 316 | 518 316 | 518 316 |
| Total equity | 855 233 | 747 070 | 1 265 522 | 1 902 348 | 2 663 957 | 2 793 663 | 2 603 756 |
| Income statement | |||||||
| Sales revenue | 11 168 789 | 21 220 109 | 29 051 346 | 31 264 401 | 34 223 786 | 36 323 779 | 43 528 119 |
| Operating profit | 319 425 | −105 179 | 564 015 | 695 862 | 889 233 | 235 961 | −162 114 |
| EBITDA | 323 187 | −67 507 | 717 137 | 888 471 | 1 119 397 | 531 403 | 212 586 |
| Profit before income tax | 321 417 | −108 163 | 555 952 | 710 954 | 930 368 | 254 728 | −189 907 |
| Profit for the reporting year | 321 417 | −108 163 | 548 452 | 696 826 | 898 709 | 235 005 | −189 907 |
| Labour costs | 724 002 | 1 385 011 | 1 866 235 | 2 162 748 | 2 567 923 | 3 135 153 | 4 002 096 |
| Depreciation of non-current assets | 3762 | 37 672 | 153 122 | 192 609 | 230 164 | 295 442 | 374 700 |
| Other indicators | |||||||
| Employees | 126 | 172 | 179 | 181 | 195 | 225 | 227 |
| Calculated dividend | — | 0 | 30 000 | 60 000 | 137 100 | 105 299 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.