KarFin OÜ

Registered
14863259Private limited company (OÜ)Founded 2019

Key figures

42 820 €−82,9%
Revenue 2025
−10,6%
Average annual change 2019/20–2025
0200 k400 k600 k2019/2020212022202320242025

Ratios

2025

Summary: KarFin OÜ

What kind of company is it?

KarFin OÜ (registry code 14863259) 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: Rakvere linn, Lääne-Viru maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE102278853).

How is the company doing financially?

Revenue in financial year 2025 was 42 820 €, down 82,9% on the previous year (249 798 €). From 2019/20 to 2025, revenue declined by an average of 10,6% per year. This is the company's lowest revenue among the published years (2019/20–2025). Net profit for financial year 2025 was 8436 € (19,7% of revenue). The company was profitable in all 6 published financial years. In financial year 2025 the company had 1 employees (3 a year earlier). Revenue per employee was 42 820 €. At the end of financial year 2025, total assets were 242 079 € and equity 135 788 € (56,1% of assets). Based on labour costs in the report, the estimated average gross salary was about 840 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 3544 €, down 80,5% on the same quarter a year earlier. The company had 1 employees in that quarter.

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 29.06.2026. 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 20263544 €10 €
Q2 20261000 €10 €
Q1 20265299 €10 €
Q4 2025614 €10 €
Q3 202518 180 €1287 €
Q2 20250 €21735 €
Q1 2025−39 €27606 €

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 €
20230 €
202223 771 €
20210 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue82 419172 663569 243249 79842 820
Net profit64505512676115 1698436
Retained earnings18 48111606673109 684124 852
Total assets63 79698 220141 145251 761242 079
Total liabilities36 36589 048125 211124 408106 291
Total equity27 431917215 934127 353135 788
Employees23531
Average gross salary (monthly)832156935352219837
Calculated dividend023 771000

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
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

Click a node to see its other connections.

100%KarFin OÜ2Siim Vändrik
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 15 000 € (2021). Largest grantors: Riigi Tugiteenuste Keskus (15 000 €).

Show all aid records (1)
202115 000 €
GrantorPurposeAmountDate
Riigi Tugiteenuste KeskusMuu15 000 €25.01.2021

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

Loading list of reports…

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

Related companies