Connove OÜ

Registered
14743041Private limited company (OÜ)Founded 2019

Key figures

76 000 €−39,0%
Revenue 2025
+7,9%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: Connove OÜ

What kind of company is it?

Connove OÜ (registry code 14743041) 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: Laagri alevik, Saue vald, Harju maakond. According to the latest annual report, the main activity is engineering activities and related technical consulting (EMTAK 7112). The company is registered for VAT (VAT number EE102170647).

How is the company doing financially?

Revenue in financial year 2025 was 76 000 €, down 39,0% on the previous year (124 500 €). From 2019 to 2025, revenue grew by an average of 7,9% per year. Net profit for financial year 2025 was 28 977 € (38,1% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 76 000 €. At the end of financial year 2025, total assets were 358 941 € and equity 325 817 € (90,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 24 500 €, up 19,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1877 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1280 € 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 18.02.2026. 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 202624 500 €11877 €
Q2 202622 000 €11877 €
Q1 202623 043 €12151 €
Q4 202518 500 €13656 €
Q3 202520 500 €12699 €
Q2 202514 500 €12699 €
Q1 202550 533 €12878 €

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

Dividends

calculated
2025

Distributed as dividends 10 000 € (3% of distributable profit).

History
202510 000 €
202460 883 €
20238780 €
20220 €
20211500 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue122 50071 00099 500124 50076 000
Net profit92 10735 67562 00776 02528 977
Retained earnings108 189200 296227 191228 315294 340
Total assets235 345268 055324 039344 821358 941
Total liabilities32 54929 58432 34137 98133 124
Total equity202 796238 471291 698306 840325 817
Employees11111
Average gross salary (monthly)12971297129713111389
Calculated dividend15000878060 88310 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
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.

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100%Connove OÜ1Olavi Ottas
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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