Osaühing VarenaGrupp

Active Registry code 10974750 OÜ Valtu küla Registered 30 Sep 2003

Osaühing VarenaGrupp is a OÜ based in Valtu küla, registry code 10974750, status: active. Main activity: Construction of other civil engineering projects n.e.c.. According to EMTA, turnover for Q3 2026 was €266 423 with 9 employees.

Turnover

266 423 €

↑ 56.9% vs Q2 2026

State taxes

41 095 €

↑ 133.0% vs Q2 2026

Labour taxes

12 616 €

↑ 20.8% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Civil engineering · EMTAK 42

Turnover · Q3 2026 266 423 €

above 76% of companies

industry median 52 240 € · companies in the industry: 1 125
Labour taxes per employee 1 402 €

above 39% of companies

industry median 1 750 € · companies in the industry: 933
Revenue · 2025 658 755 €

above 78% of companies

industry median 88 960 € · companies in the industry: 1 426
Net profit margin · 2025 19.8 %

above 78% of companies

industry median 5.0 % · companies in the industry: 1 185

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 266 423 € · +56.9% vs Q2 2026 · industry median 52 240 € · above 76% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 402 € · +20.8% vs Q2 2026 · industry median 1 750 € · above 39% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 9 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 41 095 € · +133.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	266 423	41 095	12 616	9
Q2 2026	169 815	17 640	10 447	9
Q1 2026	117 192	24 366	13 373	9
Q4 2025	240 139	40 080	12 423	9
Q3 2025	249 121	41 648	13 156	7
Q2 2025	181 555	19 363	10 487	8
Q1 2025	80 135	14 558	9 670	8
Q4 2024	212 730	22 875	11 227	8
Q3 2024	280 336	48 548	12 466	9
Q2 2024	180 558	26 627	10 133	10
Q1 2024	30 095	13 069	11 144	9
Q4 2023	175 700	26 743	12 285	9
Q3 2023	269 705	38 782	11 702	10
Q2 2023	185 656	32 733	8 549	9
Q1 2023	74 679	10 295	10 942	9
Q4 2022	226 626	44 700	13 275	9
Q3 2022	260 353	40 587	11 623	11
Q2 2022	196 077	17 061	9 353	9
Q1 2022	115 764	25 106	10 200	10

Labour taxes per employee per month

467 €

Turnover per employee in the quarter

29 603 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 658 755 € · +6.4% vs 2024 · industry median 88 960 € · above 78% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 130 639 € · +6.4% vs 2024 · industry median 2 500 € · above 90% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 19.8 % · −0.0 pp vs the year before · industry median 5.0 % · above 78% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 901 942 € · +22.6% vs 2024

Equity, € thousand 2025: 849 772 € · +18.2% vs 2024

Employees 2025: 8 · +0.0% vs 2024 · industry median 2 · above 78% of the industry

Company
Industry median

Industry: Civil engineering (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	658 755	130 639	129 059	901 942	849 772	8
2024	618 918	122 814	124 214	735 402	719 133	8
2023	574 496	55 964	118 566	617 093	596 319	8
2022	644 649	69 901	129 333	594 743	555 355	8
2021	707 992	113 808	129 935	532 821	485 454	8
2020	712 423	58 320	105 433	426 317	371 646	8
2019	696 352	109 496	115 201	351 853	313 326	8
2018	—	—	—	—	—	7
2017	—	—	—	—	—	5
2016	—	—	—	—	—	6
2015	—	—	—	—	—	7
2014	—	—	—	—	—	7
2013	—	—	—	—	—	7
2012	—	—	—	—	—	6
2011	—	—	—	—	—	5
2010	—	—	—	—	—	5
2009	—	—	—	—	—	8
2008	—	—	—	—	—	11
2007	—	—	—	—	—	11
2006	—	—	—	—	—	10
2005	—	—	—	—	—	4
2004	—	—	—	—	—	3

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

19.8 %

Net profit / revenue

Return on equity (ROE)

15.4 %

Net profit / equity

Return on assets (ROA)

14.5 %

Net profit / assets

Equity ratio

94.2 %

Equity / assets

Debt ratio

5.8 %

Liabilities / assets

Current ratio

9.07

Current assets / current liabilities

Revenue per employee

82 344 €

Revenue / average full-time employees

Labour cost per employee per month

1 344 €

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	18 Mar 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	31 May 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	10 May 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	28 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	10 Sep 2020	Company’s own	e-Äriregister

Board

Maris Rudnevs
Board member · since 2 Jan 2006

Right of representation

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

Owners

Maris Rudnevs
Natural person · 2 556 €

100%

Beneficial owners

Maris Rudnevs
Direct ownership · since 18 Oct 2018

Founders and other persons

osaühing LIIVIKAS EKSPERT
Founder · 40 000 € · 30 Sep 2003

shared board members, owners or beneficial owners

Activities (EMTAK)

42991Construction of other civil engineering projects n.e.c. Main

Rulings 12

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 30021710 / 8 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 30021710 / M1 24 Aug 2020	Procedural ruling	23 Sep 2020	Deficiencies eliminated 24 Aug 2020	PDF
Ä 30021710 / 7 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 30021710 / 6 4 Dec 2017	Amendment entry		In force 4 Dec 2017	PDF
Ä 30021710 / 5 7 Nov 2016	Amendment under Commercial Code § 525 (2)		In force 7 Nov 2016	PDF
Ä 30021710 / 4 24 Jan 2011	Amendment entry		In force 24 Jan 2011	PDF
Ä 21710 / 3 30 Apr 2009	Amendment under Commercial Code § 525 (2)		In force 30 Apr 2009	PDF
Ä 21710 / 2 3 Dec 2008	Deletion of activities from the registry card		In force 3 Dec 2008	PDF
Ä 74762 / 3 2 Jan 2006	Change of registry district		Confirmed 2 Jan 2006	PDF
Ä 21710 2 Jan 2006	Change of registry district		Confirmed 2 Jan 2006	PDF
Ä 74762 / 2 6 Nov 2003	Amendment entry		In force	PDF
Ä 74762 29 Sep 2003	First entry		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

Osaühing VarenaGrupp

Position in the industry Civil engineering · EMTAK 42

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 12