Jovek OÜ
RegisteredKey figures
Ratios
2025Summary: Jovek OÜ
What kind of company is it?
Jovek OÜ (registry code 16800487) 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: Jõhvi linn, Jõhvi vald, Ida-Viru maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE102647921).
How is the company doing financially?
Revenue in financial year 2025 was 549 050 €, down 4,7% on the previous year (576 339 €). From 2023 to 2025, revenue grew by an average of 145% per year. Net profit for financial year 2025 was 27 499 € (5,0% of revenue). The company was profitable in all 3 published financial years. In financial year 2025 the company had 12 employees (10 a year earlier). Revenue per employee was 45 754 €. At the end of financial year 2025, total assets were 160 056 € and equity 143 496 € (89,7% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 178 244 €, up 9,8% on the same quarter a year earlier. The company had 18 employees in that quarter. Labour taxes paid in the quarter: 20 981 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 870 € 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 19.06.2026. 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 | 178 244 € | 18 | 20 981 € |
| Q2 2026 | 307 301 € | 13 | 25 774 € |
| Q1 2026 | 262 904 € | 18 | 26 648 € |
| Q4 2025 | 197 883 € | 15 | 31 161 € |
| Q3 2025 | 162 291 € | 14 | 25 234 € |
| Q2 2025 | 113 744 € | 16 | 16 542 € |
| Q1 2025 | 86 594 € | 15 | 15 983 € |
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
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Sales revenue | 91 482 | 576 339 | 549 050 |
| Net profit | 7770 | 108 227 | 27 499 |
| Retained earnings | 0 | 7770 | 115 997 |
| Total assets | 19 187 | 132 350 | 160 056 |
| Total liabilities | 11 417 | 16 353 | 16 560 |
| Total equity | 7770 | 115 997 | 143 496 |
| Employees | 5 | 10 | 12 |
| Average gross salary (monthly) | 537 | 1033 | 1154 |
| Calculated dividend | — | 0 | 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 obligations1 issue6 clear
Data from public registers, not a credit rating.
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State aid and grants
4 recordsState aid and de minimis aid in total 9655 € (2024–2025). Largest grantors: Eesti Töötukassa (9655 €).
Show all aid records (4)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 4624 € | 18.06.2025 |
| Eesti Töötukassa | Palgatoetus VTA | 145 € | 03.04.2025 |
| Eesti Töötukassa | Palgatoetus VTA | 4271 € | 22.01.2025 |
| Eesti Töötukassa | Nõustamine VTA | 615 € | 05.06.2024 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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