Veho Baltics OÜRegistered
Qualified audit opinion. 2023 report: Qualified.
Key figures
419 331 327 €+14,1%
Revenue 2025
+25,3%
Average annual growth 2020–2025
Ratios
20251,3%
Profit margin
3,7%
EBITDA margin
35,7%
Equity ratio
1,2×
Current ratio
13,7%
Return on equity
4627 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 96 745 121 € | 53 | 411 582 € |
| Q1 2026 | 91 887 173 € | 52 | 374 896 € |
| Q4 2025 | 119 202 737 € | 55 | 366 488 € |
| Q3 2025 | 82 271 893 € | 53 | 385 092 € |
| Q2 2025 | 81 142 108 € | 56 | 444 330 € |
| Q1 2025 | 73 063 816 € | 52 | 361 861 € |
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.
Equity decreased by 20 000 000 € in ways other than from retained earnings — e.g. a share capital reduction, a payout from other reserves or a revaluation reserve adjustment. The open data does not show whether this was a payout to the owners.
History
dividend other equity decrease
20250 €+20 000 000 € other
202414 900 000 €
202315 040 001 €
20220 €+9 999 999 € other
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 57 259 099 | 72 294 118 | 135 744 175 | 106 612 521 | 133 309 167 | 86 616 853 |
| Total non-current assets | 28 213 119 | 44 961 524 | 44 515 267 | 41 869 822 | 26 632 349 | 24 771 182 |
| Total assets | 85 472 218 | 117 255 642 | 180 259 442 | 148 482 343 | 159 941 516 | 111 388 035 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 28 493 511 | 42 128 894 | 105 943 583 | 75 326 810 | 98 575 492 | 71 582 813 |
| Non-current liabilities | — | 13 468 000 | 11 468 000 | 9 000 000 | 7 000 000 | 0 |
| Total liabilities | 28 493 511 | 55 596 894 | 117 411 583 | 84 326 810 | 105 575 492 | 71 582 813 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | 2 976 207 | 7 656 249 | 3 805 358 | 5 253 033 | 10 363 524 |
| Profit for the year | 2 976 207 | 4 680 041 | 11 189 110 | 16 347 675 | 5 110 491 | 5 439 198 |
| Reserves and other equity | — | 54 000 000 | 44 000 000 | 44 000 000 | 44 000 000 | 24 000 000 |
| Total equity | 56 978 707 | 61 658 748 | 62 847 859 | 64 155 533 | 54 366 024 | 39 805 222 |
| Income statement | ||||||
| Sales revenue | 136 017 752 | 353 991 320 | 472 185 680 | 528 572 140 | 367 520 008 | 419 331 327 |
| Operating profit | 2 976 134 | 4 927 378 | 11 615 296 | 20 262 628 | 9 519 075 | 11 001 845 |
| EBITDA | 5 919 571 | 7 580 262 | 14 251 606 | 22 903 776 | 13 556 548 | 15 514 652 |
| Profit before income tax | 2 976 207 | 4 680 041 | 11 189 110 | 20 107 675 | 5 110 491 | 5 439 198 |
| Profit for the reporting year | 2 976 207 | 4 680 041 | 11 189 110 | 16 347 675 | 5 110 491 | 5 439 198 |
| Labour costs | 2 565 683 | 2 803 353 | 3 363 121 | 3 709 449 | 3 379 467 | 3 519 375 |
| Depreciation of non-current assets | 2 943 437 | 2 652 884 | 2 636 310 | 2 641 148 | 4 037 473 | 4 512 807 |
| Other indicators | ||||||
| Employees | 49 | 52 | 61 | 61 | 56 | 57 |
| Calculated dividend | — | — | 0 | 15 040 001 | 14 900 000 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Connections graph
Click a node to see its other connections.
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Mootorsõidukite hulgimüük
Same address