ImproveX OÜ

Registered
14835435Private limited company (OÜ)Founded 2019

Key figures

69 141 €+49,4%
Revenue 2025
+49,9%
Average annual growth 2019/20–2025
020 k40 k60 k80 k2019/2020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: ImproveX OÜ

What kind of company is it?

ImproveX OÜ (registry code 14835435) 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: Assaku alevik, Rae vald, Harju maakond. According to the latest annual report, the main activity is wholesale of other machinery and equipment (EMTAK 46649). The company is registered for VAT (VAT number EE102488339).

How is the company doing financially?

Revenue in financial year 2025 was 69 141 €, up 49,4% on the previous year (46 277 €). From 2019/20 to 2025, revenue grew by an average of 49,9% per year. This is the company's highest revenue among the published years (2019/20–2025). Net profit for financial year 2025 was 11 158 € (16,1% of revenue). The company was profitable in 4 of the 6 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 53 338 € and equity 18 213 € (34,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 20 118 €, down 26,0% on the same quarter a year earlier. Labour taxes paid in the quarter: 278 €.

Who runs the company and who owns it?

The company has one management board member. 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 30.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202620 118 €—278 €
Q2 202631 098 €—278 €
Q1 202630 533 €—278 €
Q4 202523 032 €—278 €
Q3 202527 190 €—278 €
Q2 202537 885 €—278 €
Q1 202517 926 €—270 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
20235000 €
20220 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue225037 00363 54046 27769 141
Net profit17507139−5681−279611 158
Retained earnings914310 89313 03273514555
Total assets10 89320 98116 85144 65353 338
Total liabilities—449700037 59835 125
Total equity10 89320 5329851705518 213
Employees00100
Average gross salary (monthly)——1775——
Calculated dividend—0500000

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 obligations1 note6 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
Filed late: 2023, 2024
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.

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100%ImproveX OÜ2Randar Kasearu
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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