Karels Consultancy OÜ

Registered
16655625Private limited company (OÜ)Founded 2023

Key figures

315 843 €+9,2%
Revenue 2025
+29,0%
Average annual growth 2023–2025
0100 k200 k300 k400 k202320242025

Ratios

2025

Summary: Karels Consultancy OÜ

What kind of company is it?

Karels Consultancy OÜ (registry code 16655625) is a private limited company (OÜ). The company was entered in the Commercial Register in 2023 and has been registered for 3 years. Registered location: Nõo alevik, Nõo vald, Tartu maakond. According to the latest annual report, the main activity is research and development in natural sciences and engineering (EMTAK 72101). The company is registered for VAT (VAT number EE102576762).

How is the company doing financially?

Revenue in financial year 2025 was 315 843 €, up 9,2% on the previous year (289 233 €). From 2023 to 2025, revenue grew by an average of 29,0% per year. Net profit for financial year 2025 was 239 610 € (75,9% of revenue). The company was profitable in all 3 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 157 922 €. At the end of financial year 2025, total assets were 586 420 € and equity 582 469 € (99,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 71 206 €, up 61,1% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 3073 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1080 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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 30.06.2026. 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 202671 206 €23073 €
Q2 202687 299 €23073 €
Q1 2026106 418 €23146 €
Q4 202586 662 €23645 €
Q3 202544 190 €23645 €
Q2 202584 945 €23069 €
Q1 202593 551 €22654 €

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

Dividends

calculated
2025

Distributed as dividends 32 760 € (9% of distributable profit).

History
202532 760 €
2024 ~22 400 €
Summary of financial statements2023–2025
202320242025
Sales revenue189 900289 233315 843
Net profit153 816238 203239 610
Retained earnings153 816131 416336 859
Total assets163 199379 055586 420
Total liabilities338334363951
Total equity159 816375 619582 469
Employees222
Average gross salary (monthly)811850900
Calculated dividend—22 40032 760

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
50%50%Karels Consultancy OÜMerle KarelsPieter Karels
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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