Velstand Solutions OÜ
RegisteredKey figures
Ratios
2023Summary: Velstand Solutions OÜ
What kind of company is it?
Velstand Solutions OÜ (registry code 16521497) is a private limited company (OÜ). The company was entered in the Commercial Register in 2022 and has been registered for 4 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is retail sale of medical and orthopaedic goods in specialised stores (EMTAK 47741).
How is the company doing financially?
Revenue in financial year 2023 was 63 032 €, down 17,1% on the previous year (76 033 €). Financial year 2023 ended with a loss of 41 018 €. In financial year 2023 the company had 2 employees (1 a year earlier). Revenue per employee was 31 516 €. At the end of financial year 2023, total assets were 57 544 € and equity 1496 € (2,6% of assets). Based on labour costs in the report, the estimated average gross salary was about 1290 € 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.
What should you look out for?
2 annual reports have not been filed on time, the latest for financial year 2025.
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 2023) was filed on 21.06.2024. 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 | — | — | 0 € |
| Q4 2025 | 0 € | — | — |
| Q3 2025 | 0 € | — | — |
| Q2 2025 | 35 555 € | — | 0 € |
| Q1 2025 | 18 988 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2022–2023
| 2022 | 2023 | |
|---|---|---|
| Sales revenue | 76 033 | 63 032 |
| Net profit | −8975 | −41 018 |
| Retained earnings | — | −8975 |
| Total assets | 7765 | 57 544 |
| Total liabilities | 6444 | 56 048 |
| Total equity | 1321 | 1496 |
| Employees | 1 | 2 |
| Average gross salary (monthly) | 1468 | 1292 |
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 obligations2 issues5 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.