Reed Straw OÜIn bankruptcy
Key figures
Ratios
2024Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 0 € | — | — |
| Q2 2026 | 0 € | — | — |
| Q1 2026 | 18 654 € | — | 3129 € |
| Q4 2025 | 94 997 € | 26 | 35 999 € |
| Q3 2025 | 435 440 € | 25 | 83 249 € |
| Q2 2025 | 339 251 € | 31 | 76 605 € |
| Q1 2025 | 356 114 € | 29 | 58 531 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2023–2024
| 2022/23 | 2024 | |
|---|---|---|
| Balance sheet — assets | ||
| Total current assets | 184 412 | 239 042 |
| Total non-current assets | 1 177 841 | 1 254 433 |
| Total assets | 1 362 253 | 1 493 475 |
| Balance sheet — liabilities and equity | ||
| Current liabilities | 141 412 | 1 823 207 |
| Non-current liabilities | 1 901 168 | 192 901 |
| Total liabilities | 2 042 580 | 2 016 108 |
| Share capital | 2500 | 2500 |
| Retained earnings of previous periods | — | −682 827 |
| Profit for the year | −682 827 | 157 694 |
| Total equity | −680 327 | −522 633 |
| Income statement | ||
| Sales revenue | 3728 | 43 213 |
| Operating profit | −683 223 | 288 337 |
| EBITDA | −678 428 | 311 872 |
| Profit before income tax | −682 827 | 157 694 |
| Profit for the reporting year | −682 827 | 157 694 |
| Labour costs | 456 514 | 505 598 |
| Depreciation of non-current assets | 4795 | 23 535 |
| Other indicators | ||
| Employees | 7 | 13 |
| Calculated dividend | — | 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 obligations3 issues2 clear
Data from public registers, not a credit rating.
Connections graph
Public procurement
The company is itself a contracting authority: 11 tenders. View tenders →
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Reed Straw OÜ
Overview
Reed Straw OÜ (registry code 16530527) is a private limited company (OÜ). The company was entered in the Commercial Register in 2022. Status in the register: in bankruptcy. Registered location: Nõmme 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).
Financial results
Revenue in financial year 2024 was 43 213 €, up 1059% on the previous year (3728 €). Net profit for financial year 2024 was 157 694 € (365% of revenue). In financial year 2024 the company had 13 employees (7 a year earlier). Revenue per employee was 3324 €. Based on labour costs in the report, the estimated average gross salary was about 2420 € per month.
Latest quarterly figures
According to the Tax and Customs Board, the company declared no turnover in Q3 2026.
Management and owners
According to the register, the company has 2 owners. The largest stake (90%) is held by Penguin Investments 2 OÜ.
Points to note
The annual report for financial year 2025 has not been filed on time. Equity was negative at the end of financial year 2024 (−522 633 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.
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 2024) was filed on 29.05.2025. 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.