Lviworks OÜ

Registered
14733077Private limited company (OÜ)Founded 2019

Key figures

933 567 €−12,3%
Revenue 2025
+27,4%
Average annual growth 2020–2025
0500 k1 m1,5 m202020212022202320242025

Ratios

2025

Summary: Lviworks OÜ

What kind of company is it?

Lviworks OÜ (registry code 14733077) 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: Pirita linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is installation, repair and maintenance of heating, ventilation and air-conditioning equipment (EMTAK 43221). The company is registered for VAT (VAT number EE102253658).

How is the company doing financially?

Revenue in financial year 2025 was 933 567 €, down 12,3% on the previous year (1 064 481 €). From 2020 to 2025, revenue grew by an average of 27,4% per year. Net profit for financial year 2025 was 5952 € (0,6% of revenue). The company was profitable in 5 of the 6 published financial years. In financial year 2025 the company had 9 employees (10 a year earlier). Revenue per employee was 103 730 €. At the end of financial year 2025, total assets were 124 024 € and equity 52 871 € (42,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 213 174 €, down 19,1% on the same quarter a year earlier. The company had 14 employees in that quarter. Labour taxes paid in the quarter: 22 631 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1130 € per month.

Who runs the company and who owns it?

The management board has 2 members. 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 13.05.2026. 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 2026213 174 €1422 631 €
Q2 2026260 734 €1319 223 €
Q1 2026196 506 €1323 118 €
Q4 2025253 508 €1423 348 €
Q3 2025263 495 €1431 087 €
Q2 2025256 007 €1626 999 €
Q1 2025180 281 €1630 048 €

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

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
20230 €
20220 €
20216000 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue296 760437 434411 0441 064 481933 567
Net profit3862685−531644 3205952
Retained earnings860472254079044 411
Total assets101 14257 20936 727119 960124 024
Total liabilities93 91249 29434 12873 04271 153
Total equity72307915259946 91852 871
Employees556109
Average gross salary (monthly)25513075283024952397
Calculated dividend60000000

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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100%Lviworks OÜ1Märt AverVjatšeslav Aasmaa
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 1992 € (2022). Largest grantors: Eesti Töötukassa (1992 €).

Show all aid records (1)
20221992 €
GrantorPurposeAmountDate
Eesti TöötukassaKoolitus VTA1992 €25.10.2022

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.

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