Navelco OÜ
RegisteredKey figures
Ratios
2025Summary: Navelco OÜ
What kind of company is it?
Navelco OÜ (registry code 14795227) 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: Praakli küla, Saaremaa vald, Saare maakond. According to the latest annual report, the main activity is building of civilian ships (EMTAK 30111). The company is registered for VAT (VAT number EE102241110).
How is the company doing financially?
Revenue in financial year 2025 was 42 819 €, down 11,5% on the previous year (48 356 €). From 2019/20 to 2025, revenue grew by an average of 4,3% per year. Net profit for financial year 2025 was 5574 € (13,0% of revenue). The company was profitable in all 6 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 42 819 €. At the end of financial year 2025, total assets were 31 302 € and equity 15 146 € (48,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 9365 €, up 46,6% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2166 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1440 € 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 11.06.2026. 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 | 9365 € | 1 | 2166 € |
| Q2 2026 | 15 216 € | 1 | 2166 € |
| Q1 2026 | 11 696 € | 1 | 2325 € |
| Q4 2025 | 15 069 € | 1 | 1762 € |
| Q3 2025 | 6387 € | 1 | 2642 € |
| Q2 2025 | 12 552 € | 1 | 2907 € |
| Q1 2025 | 9787 € | 1 | 2497 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 8501 € (55% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 56 501 | 48 537 | 36 508 | 48 356 | 42 819 |
| Net profit | 21 178 | 7918 | 3492 | 15 274 | 5574 |
| Retained earnings | −2263 | 11 774 | 7389 | 299 | 7072 |
| Total assets | 24 291 | 34 066 | 24 142 | 27 461 | 31 302 |
| Total liabilities | 2877 | 11 873 | 10 760 | 9388 | 16 156 |
| Total equity | 21 414 | 22 193 | 13 382 | 18 073 | 15 146 |
| Employees | 1 | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 947 | 1286 | 1337 | 1322 | 1415 |
| Calculated dividend | 5999 | 7139 | 12 303 | 10 582 | 8501 |
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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