Vares Teenused OÜRegistered

14954387Private limited company (OÜ)Founded 2020

Key figures

149 037 €+1,5%
Revenue 2025
+76,0%
Average annual growth 2020–2025
050 k100 k150 k202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202657 113 €11430 €
Q2 202634 134 €11481 €
Q1 202630 946 €11523 €
Q4 202526 707 €11448 €
Q3 202544 737 €11911 €
Q2 202550 276 €11722 €
Q1 202519 181 €11234 €

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 €
2024501 €
20230 €
20220 €

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

Summary of financial statements2020–2025
202020212022202320242025
Balance sheet — assets
Total current assets442534866631 16021 19521 791
Total non-current assets21 37619 08682 84085 123157 236164 898
Total assets25 80119 12091 506116 283178 431186 689
Balance sheet — liabilities and equity
Current liabilities688782498911 05430 45648 670
Non-current liabilities23 65011 85011 71623 32854 37641 024
Total liabilities24 33812 63216 70534 38284 83289 694
Share capital250025002500250025002500
Retained earnings of previous periods—1463648875 00181 40093 599
Profit for the year1463502568 313690012 1993396
Reserves and other equity—−2500−2500−2500−2500−2500
Total equity1463648874 80181 90193 59996 995
Income statement
Sales revenue883510 72988 83895 461146 794149 037
Operating profit1463502568 313892216 2567537
EBITDA2987731573 66614 24925 64519 874
Profit before income tax1463502568 313690012 1993396
Profit for the reporting year1463502568 313690012 1993396
Labour costs000011 76414 863
Depreciation of non-current assets1524229053535327938912 337
Other indicators
Employees000011
Calculated dividend——005010

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

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100%Vares Teenused OÜ2Siim Vares
CompanyPersonShareholderOther roleAdditional link

Public procurement

1 contracts

Public contracts won worth 138 € from 1 contracting authorities (22.09.2025–22.09.2025).

TenderContracting authorityAmountAwarded
Viljandi valla teede ja tänavate lumetõrje 2025 - 2028 · Talihooldepiirkond nr 14.Viljandi Vallavalitsus74 €22.09.2025
Viljandi valla teede ja tänavate lumetõrje 2025 - 2028 · Talihooldepiirkond nr 10.Viljandi Vallavalitsus64 €22.09.2025

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

Annual reportsPDF, XBRL

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

Summary: Vares Teenused OÜ

Overview

Vares Teenused OÜ (registry code 14954387) 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: Saarepeedi küla, Viljandi vald, Viljandi maakond. According to the latest annual report, the main activity is freight transport by road (EMTAK 49411). The company is registered for VAT (VAT number EE102249510).

Financial results

Revenue in financial year 2025 was 149 037 €, up 1,5% on the previous year (146 794 €). From 2020 to 2025, revenue grew by an average of 76,0% per year. This is the company's highest revenue among the published years (2020–2025). Net profit for financial year 2025 was 3396 € (2,3% of revenue). The company was profitable in all 6 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 149 037 €. At the end of financial year 2025, total assets were 186 689 € and equity 96 995 € (52,0% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 57 113 €, up 27,7% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1430 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1020 € 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 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.

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