Tuhavägi OÜ

Registered
14932894Private limited company (OÜ)Founded 2020

Key figures

258 288 €+91,9%
Revenue 2025
+180,4%
Average annual growth 2021–2025
0100 k200 k300 k20212022202320242025

Ratios

2025

Summary: Tuhavägi OÜ

What kind of company is it?

Tuhavägi OÜ (registry code 14932894) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 6 years. Registered location: Lüganuse alevik, Lüganuse vald, Ida-Viru maakond. According to the latest annual report, the main activity is mining of chemical and fertiliser minerals (EMTAK 08911). The company is registered for VAT (VAT number EE102735859).

How is the company doing financially?

Revenue in financial year 2025 was 258 288 €, up 91,9% on the previous year (134 581 €). From 2021 to 2025, revenue grew by an average of 180% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for financial year 2025 was 108 712 € (42,1% of revenue). The company was profitable in 3 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 135 300 € and equity 131 865 € (97,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 72 154 €, up 14,0% on the same quarter a year earlier.

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 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 202672 154 €—0 €
Q2 202674 166 €—0 €
Q1 202611 915 €—0 €
Q4 202548 035 €—0 €
Q3 202563 306 €—0 €
Q2 202589 851 €—0 €
Q1 202545 180 €—0 €

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.

Equity decreased by 599 € in ways other than from retained earnings — e.g. a share capital reduction, a payout from other reserves or a revaluation reserve adjustment. The open data does not show whether this was a payout to the owners.

History
dividend other equity decrease
20250 €+599 € other
20240 €+5600 € other
20230 €
20220 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue418014002000134 581258 288
Net profit−1255124−496626 749108 712
Retained earnings—−1255−1131−609720 653
Total assets15452588260323 752135 300
Total liabilities30012190—3435
Total equity12451369260323 752131 865
Employees00000
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

Click a node to see its other connections.

50%50%Tuhavägi OÜ3Ermo Kasela3Heiki Kuusmik
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL
YearFiles
2025PDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL

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

Related companies