VHM Upholstery OÜ
RegisteredKey figures
Ratios
2025Summary: VHM Upholstery OÜ
What kind of company is it?
VHM Upholstery OÜ (registry code 14814628) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is repair and maintenance of motor vehicles (EMTAK 95311). The company is registered for VAT (VAT number EE102591569).
How is the company doing financially?
Revenue in financial year 2025 was 143 121 €, up 46,2% on the previous year (97 893 €). From 2019/20 to 2025, revenue grew by an average of 45,6% per year. This is the company's highest revenue among the published years (2019/20–2025). Net profit for financial year 2025 was 18 960 € (13,2% of revenue). The company was profitable in 4 of the 6 published financial years. In financial year 2025 the company had 4 employees. Revenue per employee was 35 780 €.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 53 304 €, up 30,2% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 3853 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 760 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
What should you look out for?
Equity was negative at the end of financial year 2025 (−33 816 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.
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 26.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (648800EX2HSE72I6W030) comes from the GLEIF database. 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 | 53 304 € | 4 | 3853 € |
| Q2 2026 | 46 813 € | 3 | 3813 € |
| Q1 2026 | 35 794 € | 4 | 4258 € |
| Q4 2025 | 36 797 € | 4 | 4339 € |
| Q3 2025 | 40 929 € | 4 | 4339 € |
| Q2 2025 | 40 822 € | 4 | 4366 € |
| Q1 2025 | 33 032 € | 4 | 5088 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 22 915 | 21 645 | 60 154 | 97 893 | 143 121 |
| Net profit | 599 | 2902 | −37 027 | −23 598 | 18 960 |
| Retained earnings | 4098 | 4697 | 7599 | −29 428 | −53 026 |
| Total assets | 4983 | 8352 | 4800 | 3252 | 16 293 |
| Total liabilities | 36 | 503 | 33 978 | 56 028 | 50 109 |
| Total equity | 4947 | 7849 | −29 178 | −52 776 | −33 816 |
| Employees | 0 | 0 | 2 | 4 | 4 |
| Average gross salary (monthly) | — | — | 569 | 713 | 859 |
| Calculated dividend | — | 0 | 0 | 0 | 0 |
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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