OÜ FREMAD

Registered
14821746Private limited company (OÜ)Founded 2019

Key figures

69 743 €+18,9%
Revenue 2025
+88,4%
Average annual growth 2019–2025
020 k40 k60 k80 k2019202020212022202320242025

Ratios

2025

Summary: OÜ FREMAD

What kind of company is it?

OÜ FREMAD (registry code 14821746) 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: Piiri küla, Tõrva vald, Valga 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 EE102256299).

How is the company doing financially?

Revenue in financial year 2025 was 69 743 €, up 18,9% on the previous year (58 636 €). From 2019 to 2025, revenue grew by an average of 88,4% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 89 € (0,1% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 34 872 €. At the end of financial year 2025, total assets were 11 796 € and equity 5692 € (48,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 26 097 €, up 29,0% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 2147 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 820 € 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.

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 27.01.2026. 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 202626 097 €22147 €
Q2 202616 679 €21488 €
Q1 202624 201 €21924 €
Q4 202515 729 €21728 €
Q3 202520 227 €21200 €
Q2 202517 155 €21187 €
Q1 202518 317 €2895 €

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
20212022202320242025
Sales revenue35 87636 77549 30258 63669 743
Net profit−47521507606142689
Retained earnings−1328−6080−592916773103
Total assets27 11227 54613 77013 39011 796
Total liabilities30 69230 976959377876104
Total equity−3580−3430417756035692
Employees11112
Average gross salary (monthly)——721955672
Calculated dividend—0000

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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50%50%OÜ FREMADMadis Matvei1Roman Rajevski
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 15 000 € (2020). Largest grantors: Riigi Tugiteenuste Keskus (15 000 €).

Show all aid records (1)
202015 000 €
GrantorPurposeAmountDate
Riigi Tugiteenuste KeskusMuu15 000 €22.01.2020

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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