Osaühing VRHL

Active Registry code 10538284 OÜ Kuressaare linn Registered 19 Feb 1999

Osaühing VRHL is a OÜ based in Kuressaare linn, registry code 10538284, status: active. Main activity: Other service activities incidental to water transportation. According to EMTA, turnover for Q3 2026 was €2 565 with 1 employees.

Turnover

2 565 €

↓ 68.5% vs Q2 2026

State taxes

1 598 €

↑ 43.2% vs Q2 2026

Labour taxes

1 922 €

↑ 48.0% vs Q2 2026

Employees

±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Warehousing, storage and support activities for transportation · EMTAK 52

Turnover · Q3 2026 2 565 €

above 11% of companies

industry median 38 439 € · companies in the industry: 1 299
Labour taxes per employee 1 922 €

above 55% of companies

industry median 1 714 € · companies in the industry: 884
Revenue · 2025 32 431 €

above 48% of companies

industry median 36 293 € · companies in the industry: 2 027
Net profit margin · 2025 -227.0 %

above 2% of companies

industry median 2.9 % · companies in the industry: 1 539

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 2 565 € · −68.5% vs Q2 2026 · industry median 38 439 € · above 11% of the industry

Company
Industry median

Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 922 € · +48.0% vs Q2 2026 · industry median 1 714 € · above 55% of the industry

Company
Industry median

Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 1 598 € · +43.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	2 565	1 598	1 922	1
Q2 2026	8 154	1 116	1 299	1
Q1 2026	6 965	966	1 189	1
Q4 2025	6 581	2 153	2 438	1
Q3 2025	3 028	1 762	2 038	2
Q2 2025	25 148	3 823	864	2
Q1 2025	11 374	1 982	2 193	1
Q4 2024	7 067	—	1 987	2
Q3 2024	2 858	—	2 111	2
Q2 2024	3 579	—	2 055	2
Q1 2024	8 487	620	676	2
Q4 2023	14 646	252	—	—
Q3 2023	91 569	29 680	15 456	—
Q2 2023	404 622	—	10 168	2
Q1 2023	385 610	—	10 546	8
Q4 2022	246 018	—	11 367	8
Q3 2022	20 002	11 821	10 485	10
Q2 2022	259 119	12 353	12 832	10
Q1 2022	206 827	—	12 836	10

Labour taxes per employee per month

641 €

Turnover per employee in the quarter

2 565 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 32 431 € · +40.6% vs 2024 · industry median 36 293 € · above 48% of the industry

Company
Industry median

Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -73 610 € · +43.6% vs 2024 · industry median 123 € · above 2% of the industry

Company
Industry median

Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -227.0 % · +338.7 pp vs the year before · industry median 2.9 % · above 2% of the industry

Company
Industry median

Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 481 095 € · −14.6% vs 2024

Equity, € thousand 2025: 477 807 € · −13.3% vs 2024

Employees 2025: 2 · +0.0% vs 2024 · industry median 2 · above 50% of the industry

Company
Industry median

Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	32 431	-73 610	18 213	481 095	477 807	2
2024	23 068	-130 479	29 586	563 571	551 417	2
2023	659 160	419 038	75 381	692 323	681 896	9
2022	805 020	-73 116	130 694	625 585	258 688	9
2021	827 351	-35 407	119 620	658 651	331 804	9
2020	1 014 516	58 560	116 804	654 074	367 211	9
2019	497 990	-152 227	124 359	724 241	308 648	9
2018	—	—	—	—	—	9
2017	—	—	—	—	—	10
2016	—	—	—	—	—	11
2015	—	—	—	—	—	12
2014	—	—	—	—	—	13
2013	—	—	—	—	—	14
2012	—	—	—	—	—	14
2011	—	—	—	—	—	16
2010	—	—	—	—	—	16
2009	—	—	—	—	—	15
2008	—	—	—	—	—	15
2007	—	—	—	—	—	15
2006	—	—	—	—	—	15
2005	—	—	—	—	—	15
2004	—	—	—	—	—	21
2003	—	—	—	—	—	33
2002	—	—	—	—	—	39
2001	—	—	—	—	—	42
2000	—	—	—	—	—	20
1999	—	—	—	—	—	15

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin

-227.0 %

Net profit / revenue

Return on equity (ROE)

-15.4 %

Net profit / equity

Return on assets (ROA)

-15.3 %

Net profit / assets

Equity ratio

99.3 %

Equity / assets

Debt ratio

0.7 %

Liabilities / assets

Current ratio

36.06

Current assets / current liabilities

Revenue per employee

16 216 €

Revenue / average full-time employees

Labour cost per employee per month

759 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	30 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	30 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	30 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	30 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	30 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Jun 2020	Company’s own	e-Äriregister

Board

Mihkel Undrest
Board member · since 6 Jun 2000

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Mihkel Undrest
Natural person · 28 121 €

100%

Beneficial owners

Mihkel Undrest
Member of a senior management body (management or supervisory board) · since 19 Oct 2018

Founders and other persons

OÜ LUARVIK & ANDERAFORS
Founder · 40 000 € · 19 Feb 1999
Enda Rüütel
Audit firm · 28 Mar 2013

shared board members, owners or beneficial owners

Activities (EMTAK)

52229Other service activities incidental to water transportation Main

Rulings 10

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 30013902 / 12 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 30013902 / 11 7 Dec 2022	Amendment under Commercial Code § 525 (2)	In force 7 Dec 2022	PDF
Ä 30013902 / 10 19 Jan 2018	Amendment entry	In force 19 Jan 2018	PDF
Ä 30013902 / 9 6 Dec 2017	Amendment entry	In force 6 Dec 2017	PDF
Ä 30013902 / 8 4 Dec 2017	Amendment entry	In force 4 Dec 2017	PDF
Ä 30013902 / 7 15 Feb 2013	Entry refused	In force 4 Mar 2013	PDF
K 30019837 / 2 19 Jul 2012	Commercial pledge deleted	In force 19 Jul 2012	PDF
Ä 30013902 / 6 30 Dec 2011	Amendment entry	In force 30 Dec 2011	PDF
Ä 30013902 / 5 1 Jul 2010	Deletion of activities from the registry card	In force 1 Jul 2010	PDF
K 19837 2 Sep 2004	Commercial pledge entered	In force	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data

Osaühing VRHL

Position in the industry Warehousing, storage and support activities for transportation · EMTAK 52

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 10