Elvac Engineering OÜ
RegisteredKey figures
Ratios
2025Summary: Elvac Engineering OÜ
What kind of company is it?
Elvac Engineering OÜ (registry code 16670978) 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: Österby küla, Lääne-Nigula vald, Lääne maakond. According to the latest annual report, the main activity is engineering design and consultancy for construction (EMTAK 71121). The company is registered for VAT (VAT number EE102584042).
How is the company doing financially?
Revenue in financial year 2025 was 355 094 €, up 36,0% on the previous year (261 171 €). From 2023 to 2025, revenue grew by an average of 16,1% per year. Net profit for financial year 2025 was 186 720 € (52,6% 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 177 547 €. At the end of financial year 2025, total assets were 330 674 € and equity 306 843 € (92,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 86 090 €, down 41,4% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 9254 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2840 € 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 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 86 090 € | 2 | 9254 € |
| Q2 2026 | 78 046 € | 2 | 9272 € |
| Q1 2026 | 80 500 € | 2 | 11 316 € |
| Q4 2025 | 79 925 € | 2 | 9942 € |
| Q3 2025 | 146 949 € | 2 | 7488 € |
| Q2 2025 | 39 975 € | 2 | 7492 € |
| Q1 2025 | 86 470 € | 2 | 8595 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 50 000 € (30% of distributable profit).
Summary of financial statements2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Sales revenue | 263 229 | 261 171 | 355 094 |
| Net profit | 172 703 | 112 920 | 186 720 |
| Retained earnings | — | 54 703 | 117 623 |
| Total assets | 196 760 | 194 064 | 330 674 |
| Total liabilities | 21 557 | 23 941 | 23 831 |
| Total equity | 175 203 | 170 123 | 306 843 |
| Employees | 2 | 2 | 2 |
| Average gross salary (monthly) | 1128 | 1990 | 2389 |
| Calculated dividend | — | 118 000 | 50 000 |
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 obligationsAll clear
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- Exodim OÜ53,2 m €
- IPF Digital AS49,7 m €
- Roche Eesti Osaühing48,4 m €
- VG Estonia OÜ32,8 m €
- Hevi Optronics OÜ27,2 m €