Varnis OÜ

Registered
16565106Private limited company (OÜ)Founded 2022
Qualified audit opinion. 2023 report: Qualified.

Key figures

1 203 457 €−26,4%
Revenue 2025
+254,6%
Average annual growth 2022–2025
01 m2 m3 m4 m2022202320242025

Ratios

2025

Summary: Varnis OÜ

What kind of company is it?

Varnis OÜ (registry code 16565106) 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 wholesale of medical equipment, surgical instruments and orthopaedic aids (EMTAK 46462). The company is registered for VAT (VAT number EE102539107).

How is the company doing financially?

Revenue in financial year 2025 was 1 203 457 €, down 26,4% on the previous year (1 635 475 €). From 2022 to 2025, revenue grew by an average of 255% per year. Net profit for financial year 2025 was 457 978 € (38,1% of revenue). The company was profitable in 3 of the 4 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 1 203 457 €. At the end of financial year 2025, total assets were 1 495 007 € and equity 695 258 € (46,5% of assets). Based on labour costs in the report, the estimated average gross salary was about 370 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 743 762 €, up 10 515% on the same quarter a year earlier.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 2 owners. The largest stake (70%) 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 21.08.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026743 762 €—0 €
Q2 2026227 241 €——
Q1 202626 412 €—242 €
Q4 20255985 €——
Q3 20257007 €—1544 €
Q2 20253628 €—649 €
Q1 2025112 274 €—0 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2022–2025
2022202320242025
Sales revenue27 0003 944 0621 635 4751 203 457
Net profit26 715−57 116265 182457 978
Retained earnings026 715−30 401234 780
Total assets27 1761 312 3211 426 6471 495 007
Total liabilities4611 342 7221 190 866799 749
Total equity26 715−30 401235 781695 258
Employees0011
Average gross salary (monthly)———367
Calculated dividend—000

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 notes6 clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2023, 2024, 2025
Business Register · 2023–2025
Auditor's opinion
Qualified
Business Register · 2023 annual report
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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70%30%Varnis OÜ1Yurii Markovych1Yevhen Balatsanov
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

Change history

1 change
  • 12.10.2026*Address changed: Harju maakond, Tallinn, Kesklinna linnaosa, Kiikri tn 6/2-15 · previously: Harju maakond, Tallinn, Nõmme linnaosa, Rännaku pst 12

Entered in the register on 01.09.2022.

Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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