Velvet Estonia OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2021–2025
| 2020/21 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 813 | 12 713 | 10 755 | 22 211 | 14 852 |
| Total non-current assets | — | — | — | — | — |
| Total assets | 813 | 12 713 | 10 755 | 22 211 | 14 852 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | — | 10 210 | 7346 | 7334 | 0 |
| Non-current liabilities | — | — | — | — | — |
| Total liabilities | — | 10 210 | 7346 | 7334 | 0 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | 813 | 2503 | 3409 | 14 877 |
| Profit for the year | 813 | 1690 | 906 | 11 468 | −25 |
| Reserves and other equity | — | −2500 | −2500 | −2500 | −2500 |
| Total equity | 813 | 2503 | 3409 | 14 877 | 14 852 |
| Income statement | |||||
| Sales revenue | 8880 | 8552 | 3977 | 16 010 | 964 |
| Operating profit | 813 | 1690 | 906 | 11 468 | −25 |
| Profit before income tax | 813 | 1690 | 906 | 11 468 | −25 |
| Profit for the reporting year | 813 | 1690 | 906 | 11 468 | −25 |
| Labour costs | 0 | 0 | 0 | 0 | 0 |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | — | 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 obligationsAll clear
Data from public registers, not a credit rating.
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Summary: Velvet Estonia OÜ
Overview
Velvet Estonia OÜ (registry code 16057893) 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: Ülejõe küla, Rae vald, Harju maakond. According to the latest annual report, the main activity is ripsme- ja kulmutehnikuteenused (EMTAK 96223).
Financial results
Revenue in financial year 2025 was 964 €, down 94,0% on the previous year (16 010 €). From 2020/21 to 2025, revenue declined by an average of 42,6% per year. This is the company's lowest revenue among the published years (2020/21–2025). Financial year 2025 ended with a loss of 25 €. The company was profitable in 4 of the 5 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 14 852 € and equity 14 852 € (100% of assets).
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 23.06.2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.