REK Projekt OÜRegistered

14833287Private limited company (OÜ)Founded 2019

Key figures

147 228 €−45,4%
Revenue 2025
0100 k200 k300 k20192019/2020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k20192019/2020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202625 780 €11373 €
Q2 202624 819 €11340 €
Q1 202648 492 €11483 €
Q4 202552 009 €11835 €
Q3 202540 090 €11835 €
Q2 202529 046 €11835 €
Q1 202556 960 €11802 €

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 25 001 € (21% of distributable profit).

History
202525 001 €
2024 ~129 783 €
202366 587 €
202227 991 €
202141 000 €
2019/200 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2019–2025
20192019/2020212022202320242025
Balance sheet — assets
Total current assets051 62274 453136 73883 57891 67481 462
Total non-current assets250012 63435 98238 88252 74737 27071 771
Total assets250064 256110 435175 620136 325128 944153 233
Balance sheet — liabilities and equity
Current liabilities0411450913 516687186067699
Non-current liabilities0——————
Total liabilities0411450913 516687186067699
Share capital2500250025002500250025002500
Retained earnings of previous periods0—20 34575 43593 017−282992 837
Profit for the year061 34583 08184 16933 937120 66750 197
Total equity250063 845105 926162 104129 454120 338145 534
Income statement
Sales revenue084 510170 640174 600184 486269 800147 228
Operating profit061 34493 53989 72148 947149 18457 241
EBITDA062 59296 91898 30063 366164 66174 251
Profit before income tax061 34593 33189 72748 606149 19157 248
Profit for the reporting year061 34583 08184 16933 937120 66750 197
Labour costs0011 25816 06219 55915 57214 542
Depreciation of non-current assets012483379857914 41915 47717 010
Other indicators
Employees0011111
Calculated dividend—041 00027 99166 587129 78325 001

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)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%REK Projekt OÜAndrei Glazatšev
CompanyPersonShareholderOther roleAdditional link

Public procurement

4 contracts

Public contracts won worth 0 € from 1 contracting authorities (23.07.2024–20.04.2026). Plus 4 framework agreements shared with other suppliers (not included in the total).

Source: Public Procurement Register open data from October 2023. All public tenders

Annual reportsPDF, XBRL

Loading list of reports…

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

Summary: REK Projekt OÜ

Overview

REK Projekt OÜ (registry code 14833287) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 6 years. Registered location: Lohkva küla, Luunja vald, Tartu 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 EE102201574).

Financial results

Revenue in financial year 2025 was 147 228 €, down 45,4% on the previous year (269 800 €). Net profit for financial year 2025 was 50 197 € (34,1% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 147 228 €. At the end of financial year 2025, total assets were 153 233 € and equity 145 534 € (95,0% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 25 780 €, down 35,7% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1373 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 990 € per month.

Management and owners

The company has one management board member. The sole owner of the company is a private individual.

Data sources and freshness

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 09.03.2026. 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.

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