Relay OÜ

Registered
16629734Private limited company (OÜ)Founded 2022

Key figures

27 393 €−30,7%
Revenue 2025
−35,1%
Average annual change 2022/23–2025
020 k40 k60 k80 k2022/2320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: Relay OÜ

What kind of company is it?

Relay OÜ (registry code 16629734) is a private limited company (OÜ). The company was entered in the Commercial Register in 2022 and has been registered for 3 years. Registered location: Marksa küla, Pärnu linn, Pärnu maakond. According to the latest annual report, the main activity is electrical installation works (EMTAK 43211). The company is registered for VAT (VAT number EE102580541).

How is the company doing financially?

Revenue in financial year 2025 was 27 393 €, down 30,7% on the previous year (39 518 €). From 2022/23 to 2025, revenue declined by an average of 35,1% per year. Financial year 2025 ended with a loss of 4123 €. The company was profitable in 2 of the 3 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 9023 € and equity 8661 € (96,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, the company declared no turnover in Q3 2026.

Who runs the company and who owns it?

The management board has 3 members. According to the register, the company has 3 owners. The largest stake (33,3%) 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 29.06.2026. 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 20260 €——
Q2 20263000 €—0 €
Q1 20260 €—0 €
Q4 202511 785 €—571 €
Q3 20253400 €—1283 €
Q2 20257330 €—1089 €
Q1 20255199 €—1075 €

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

Summary of financial statements2023–2025
2022/2320242025
Sales revenue64 95539 51827 393
Net profit38838901−4123
Retained earnings—388312 784
Total assets802913 3649023
Total liabilities4146580362
Total equity388312 7848661
Employees220
Average gross salary (monthly)1266381—
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 obligationsAll 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
All on time
Business Register · 2023–2025
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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33,33%33,33%33,33%Relay OÜ3Marika TulpRivo Levand1Taavi Kitsing
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL
YearFiles
2025PDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL

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

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