VARCUS Solutions OÜ
RegisteredKey figures
Ratios
2025Summary: VARCUS Solutions OÜ
What kind of company is it?
VARCUS Solutions OÜ (registry code 14998775) 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: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is all other professional, scientific and technical activities n.e.c. (EMTAK 74991). The company is registered for VAT (VAT number EE102281109).
How is the company doing financially?
Revenue in financial year 2025 was 1 480 493 €, down 8,7% on the previous year (1 620 982 €). From 2020 to 2025, revenue grew by an average of 73,6% per year. Net profit for financial year 2025 was 175 311 € (11,8% of revenue). The company was profitable in all 6 published financial years. In financial year 2025 the company had 23 employees (32 a year earlier). Revenue per employee was 64 369 €. At the end of financial year 2025, total assets were 649 870 € and equity 449 095 € (69,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 331 184 €, down 10,0% on the same quarter a year earlier. The company had 21 employees in that quarter. Labour taxes paid in the quarter: 122 839 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3540 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 3 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 07.08.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 331 184 € | 21 | 122 839 € |
| Q2 2026 | 322 323 € | 22 | 104 347 € |
| Q1 2026 | 309 798 € | 21 | 114 963 € |
| Q4 2025 | 330 102 € | 22 | 143 132 € |
| Q3 2025 | 368 016 € | 24 | 159 862 € |
| Q2 2025 | 402 431 € | 27 | 153 872 € |
| Q1 2025 | 426 394 € | 26 | 148 991 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 183 546 | 725 477 | 1 467 009 | 1 620 982 | 1 480 493 |
| Net profit | 33 848 | 51 693 | 148 263 | 32 469 | 175 311 |
| Retained earnings | 7511 | 41 359 | 93 052 | 241 315 | 273 784 |
| Total assets | 209 764 | 435 722 | 524 419 | 541 125 | 649 870 |
| Total liabilities | 168 405 | 342 670 | 283 104 | 267 341 | 200 775 |
| Total equity | 41 359 | 93 052 | 241 315 | 273 784 | 449 095 |
| Employees | 4 | 21 | 31 | 32 | 23 |
| Average gross salary (monthly) | 791 | 1785 | 2319 | 2585 | 3642 |
| Calculated dividend | — | 0 | 0 | 0 | 0 |
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
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
State aid and grants
20 recordsState aid and de minimis aid in total 925 777 € (2023–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (892 981 €), Eesti Töötukassa (26 489 €), Välisministeerium (6308 €).
Show all aid records (20)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 25 742 € | 01.10.2026 |
| Välisministeerium | Nõustamine VTA | 3308 € | 29.04.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 20 193 € | 16.03.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 12 327 € | 16.03.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 12 513 € | 03.11.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 6000 € | 27.10.2025 |
| Välisministeerium | Nõustamine VTA | 3000 € | 14.10.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 11 727 € | 03.10.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 30 755 € | 03.10.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 7000 € | 28.05.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 5769 € | 21.05.2025 |
| Eesti Töötukassa | Palgatoetus VTA | 9246 € | 02.05.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 14 580 € | 11.04.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 22 198 € | 11.04.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 11 309 € | 28.10.2024 |
| Eesti Töötukassa | Palgatoetus VTA | 9725 € | 30.09.2024 |
| Eesti Töötukassa | Palgatoetus VTA | 7517 € | 11.07.2024 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus | 468 935 € | 20.12.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 7545 € | 22.11.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus | 236 389 € | 07.02.2023 |
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
- Exodim OÜ53,2 m €
- IPF Digital AS49,7 m €
- Roche Eesti Osaühing48,4 m €
- VG Estonia OÜ32,8 m €
- Hevi Optronics OÜ27,2 m €