Armicon OÜ
RegisteredKey figures
Ratios
2025Summary: Armicon OÜ
What kind of company is it?
Armicon OÜ (registry code 16120924) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 5 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is construction of roads and motorways (EMTAK 42111). The company is registered for VAT (VAT number EE102322961).
How is the company doing financially?
Revenue in financial year 2025 was 4 523 657 €, up 104% on the previous year (2 219 924 €). This is the company's highest revenue among the published years (2020–2025). Net profit for financial year 2025 was 35 616 € (0,8% of revenue). The company was profitable in 5 of the 6 published financial years. In financial year 2025 the company had 4 employees. Revenue per employee was 1 130 914 €. At the end of financial year 2025, total assets were 1 389 956 € and equity 407 809 € (29,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1 339 246 €, up 15,8% on the same quarter a year earlier. The company had 8 employees in that quarter. Labour taxes paid in the quarter: 36 612 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2810 € per month.
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 03.07.2026. 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 | 1 339 246 € | 8 | 36 612 € |
| Q2 2026 | 1 351 918 € | 6 | 45 288 € |
| Q1 2026 | 729 597 € | 7 | 40 406 € |
| Q4 2025 | 1 779 288 € | 7 | 32 996 € |
| Q3 2025 | 1 156 906 € | 6 | 19 798 € |
| Q2 2025 | 612 605 € | 4 | 16 823 € |
| Q1 2025 | 795 240 € | 3 | 15 627 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 799 676 | 1 655 160 | 2 225 919 | 2 219 924 | 4 523 657 |
| Net profit | 239 845 | 51 451 | 68 055 | 15 234 | 35 616 |
| Retained earnings | — | 239 845 | 288 842 | 356 897 | 372 193 |
| Total assets | 460 924 | 512 845 | 767 837 | 939 266 | 1 389 956 |
| Total liabilities | 221 079 | 221 549 | 410 940 | 567 135 | 982 147 |
| Total equity | 239 845 | 291 296 | 356 897 | 372 131 | 407 809 |
| Employees | 1 | 2 | 3 | 4 | 4 |
| Average gross salary (monthly) | — | 1723 | 1805 | 3345 | 3767 |
| Calculated dividend | — | — | 2454 | 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 note7 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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