PolarVenture OÜ

Active Registry code 11608510 OÜ Väike-Maarja alevik Registered 10 Mar 2009

PolarVenture OÜ is a OÜ based in Väike-Maarja alevik, registry code 11608510, status: active. Main activity: Freight transport by road. According to EMTA, turnover for Q3 2026 was €481 785 with 16 employees.

Turnover

481 785 €

↓ 16.4% vs Q2 2026

State taxes

30 628 €

↑ 13.9% vs Q2 2026

Labour taxes

31 997 €

↑ 19.5% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Land transport and transport via pipelines · EMTAK 49

Turnover · Q3 2026 481 785 €

above 92% of companies

industry median 29 505 € · companies in the industry: 3 554
Labour taxes per employee 2 000 €

above 82% of companies

industry median 1 179 € · companies in the industry: 3 134
Revenue · 2025 1.6 mn €

above 98% of companies

industry median 32 212 € · companies in the industry: 5 896
Net profit margin · 2025 0.3 %

above 34% of companies

industry median 2.8 % · companies in the industry: 4 877

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 481 785 € · −16.4% vs Q2 2026 · industry median 29 505 € · above 92% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 000 € · +19.5% vs Q2 2026 · industry median 1 179 € · above 82% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 16 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 30 628 € · +13.9% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	481 785	30 628	31 997	16
Q2 2026	576 481	26 885	26 769	16
Q1 2026	417 909	27 192	23 526	16
Q4 2025	490 303	32 961	29 169	16
Q3 2025	404 596	22 292	28 325	15
Q2 2025	427 363	25 717	25 349	14
Q1 2025	345 760	5 333	20 963	15
Q4 2024	324 054	21 030	21 283	15
Q3 2024	323 966	21 516	21 980	16
Q2 2024	391 019	17 844	18 362	16
Q1 2024	260 859	16 702	17 116	16
Q4 2023	352 036	18 264	18 567	16
Q3 2023	325 538	22 224	22 594	17
Q2 2023	338 734	20 633	16 802	17
Q1 2023	298 369	19 485	17 942	17
Q4 2022	379 789	20 426	20 662	19
Q3 2022	468 120	24 804	21 733	22
Q2 2022	625 357	26 681	25 695	20
Q1 2022	401 121	21 648	22 388	20

Labour taxes per employee per month

667 €

Turnover per employee in the quarter

30 112 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 1 604 692 € · +24.5% vs 2024 · industry median 32 212 € · above 98% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 4 193 € · −5.4% vs 2024 · industry median 421 € · above 69% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 0.3 % · −0.1 pp vs the year before · industry median 2.8 % · above 34% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 539 006 € · +17.9% vs 2024

Equity, € thousand 2025: 199 259 € · +15.4% vs 2024

Employees 2025: 16 · +6.7% vs 2024 · industry median 1 · above 94% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (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	1 604 692	4 193	273 184	539 006	199 259	16
2024	1 288 938	4 434	236 799	456 998	172 719	15
2023	1 240 362	-93 000	226 486	312 327	165 423	16
2022	1 676 251	-35 429	226 470	459 718	258 423	17
2021	1 967 600	27 326	236 042	617 734	293 712	17
2020	1 711 851	21 931	213 549	607 933	259 831	15
2019	1 499 302	34 888	161 877	525 659	237 900	17
2018	—	—	—	—	—	17
2017	—	—	—	—	—	15
2016	—	—	—	—	—	14
2015	—	—	—	—	—	9
2014	—	—	—	—	—	9
2013	—	—	—	—	—	7
2012	—	—	—	—	—	5
2011	—	—	—	—	—	3
2010	—	—	—	—	—	0
2009	—	—	—	—	—	0

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

0.3 %

Net profit / revenue

Return on equity (ROE)

2.1 %

Net profit / equity

Return on assets (ROA)

0.8 %

Net profit / assets

Equity ratio

37.0 %

Equity / assets

Debt ratio

63.0 %

Liabilities / assets

Current ratio

0.86

Current assets / current liabilities

Revenue per employee

100 293 €

Revenue / average full-time employees

Labour cost per employee per month

1 423 €

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	27 Mar 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	27 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	4 Jul 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	29 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	29 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	24 Jul 2020	Company’s own	e-Äriregister

Board

Andres Kodaras
Board member · since 9 Feb 2010

Right of representation

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

Owners

Andres Kodaras
Natural person · 25 000 €

100%

Beneficial owners

Andres Kodaras
Direct ownership · since 18 Oct 2018

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

49411Freight transport by road Main

Rulings 15

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 40026150 / 7 8 Apr 2025	Amendment entry		In force 8 Apr 2025	PDF
Ä 40026150 / M2 27 Mar 2025	Ruling to eliminate deficiencies	11 Apr 2025	Deficiencies eliminated 8 Apr 2025	PDF
Ä 40026150 / 6 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 40026150 / 5 11 Oct 2022	Amendment under Commercial Code § 525 (2)		In force 11 Oct 2022	PDF
Ä 40026150 / 4 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 40026150 / 3 30 Nov 2017	Amendment entry		In force 30 Nov 2017	PDF
Ä 40026150 / 2 29 Jan 2015	Amendment entry		In force 29 Jan 2015	PDF
Ä 40026150 / M1 25 Aug 2010	Warning of a fine: deficiencies in the annual report	7 Jun 2011	In force 9 Mar 2011	PDF
Ä 40026150 9 Feb 2010	Amendment entry		In force 9 Feb 2010	PDF
Ä 126359 / 5 3 Feb 2010	Note		In force 3 Feb 2010	PDF
Ä 126359 / 4 14 Jan 2010	Note on closing the former card of a transformed company		In force 14 Jan 2010	PDF
Ä 126359 / 3 14 Jan 2010	Second (constitutive) transformation entry		In force 14 Jan 2010	PDF
Ä 126359 / 2 14 Jan 2010	First (declaratory) transformation entry		In force 14 Jan 2010	PDF
Ä 126359 10 Mar 2009	First entry		In force 10 Mar 2009	PDF
Ä 126359 / M1 6 Mar 2009	Ruling to eliminate deficiencies		In force 6 Mar 2009	PDF

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

PolarVenture OÜ

Position in the industry Land transport and transport via pipelines · EMTAK 49

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 15