OÜ Polar Finance
Active Registry code 11942260
OÜ Tallinn Registered 17 May 2010
OÜ Polar Finance is a OÜ based in Tallinn, registry code 11942260, status: active. Main activity: Other credit granting, except pawn shops. According to EMTA, turnover for Q3 2026 was €42 with 1 employees.
Turnover
42 €
State taxes
2 105 €
↑ 0.0% vs Q2 2026
Labour taxes
2 219 €
↑ 0.0% vs Q2 2026
Employees
1
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 42 €above 2% of companiesindustry median 13 555 € · companies in the industry: 547
- Labour taxes per employee 2 219 €above 50% of companiesindustry median 2 214 € · companies in the industry: 443
- Revenue · 2025 119 516 €above 95% of companiesindustry median 0 € · companies in the industry: 3 672
- Net profit margin · 2025 -248.5 %above 8% of companiesindustry median 34.4 % · companies in the industry: 770
Taxes and turnover
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 42 | 2 105 | 2 219 | 1 |
| Q2 2026 | — | 2 105 | 2 219 | 1 |
| Q1 2026 | — | 2 929 | 2 361 | 1 |
| Q4 2025 | 240 134 | 60 790 | 2 646 | 1 |
| Q3 2025 | — | 2 532 | 2 646 | 1 |
| Q2 2025 | — | 2 532 | 2 646 | 1 |
| Q1 2025 | — | 3 204 | 2 579 | 1 |
| Q4 2024 | — | 2 800 | 2 445 | 1 |
| Q3 2024 | — | 2 333 | 2 445 | 1 |
| Q2 2024 | — | 2 750 | 2 445 | 1 |
| Q1 2024 | — | 1 642 | 1 741 | 1 |
| Q4 2023 | — | 2 393 | 2 056 | 1 |
| Q3 2023 | — | 1 964 | 2 056 | 1 |
| Q2 2023 | — | 3 692 | 3 541 | 1 |
| Q1 2023 | — | 2 253 | 1 964 | 1 |
| Q4 2022 | — | 1 831 | 1 919 | 1 |
| Q3 2022 | — | 1 831 | 1 919 | 1 |
| Q2 2022 | — | 2 764 | 2 852 | 1 |
| Q1 2022 | — | 1 847 | 1 919 | 1 |
Labour taxes per employee per month
740 €
Turnover per employee in the quarter
42 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 119 516 | -297 053 | 41 661 | 6 404 110 | 5 537 304 | 1 |
| 2023 | 95 476 | -791 604 | 23 165 | 7 235 771 | 5 874 357 | 1 |
| 2022 | 192 880 | 128 754 | 21 706 | 8 049 056 | 6 835 961 | 1 |
| 2021 | 213 144 | 285 084 | 21 591 | 8 733 808 | 6 707 207 | 1 |
| 2020 | 280 336 | -12 002 | 20 943 | 7 146 382 | 6 472 123 | 1 |
| 2019 | 277 724 | 218 484 | 6 834 | 7 496 252 | 6 484 125 | 1 |
| 2018 | — | — | — | — | — | 0 |
| 2017 | — | — | — | — | — | 0 |
| 2016 | — | — | — | — | — | 0 |
| 2015 | — | — | — | — | — | 0 |
| 2014 | — | — | — | — | — | 0 |
| 2013 | — | — | — | — | — | 0 |
| 2012 | — | — | — | — | — | 0 |
| 2011 | — | — | — | — | — | 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
-229.4 %
Net profit / revenue
Return on equity (ROE)
-5.4 %
Net profit / equity
Return on assets (ROA)
-4.6 %
Net profit / assets
Equity ratio
86.5 %
Equity / assets
Debt ratio
13.5 %
Liabilities / assets
Current ratio
3.07
Current assets / current liabilities
Revenue per employee
129 516 €
Revenue / average full-time employees
Labour cost per employee per month
3 472 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2024 | 1 Jan 2024 – 30 Jun 2025 | 4 Dec 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 12 Mar 2025 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 29 Dec 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 20 Jan 2023 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 10 Feb 2022 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 14 Jul 2021 | Company’s own · audited | e-Äriregister |
Board
- Janek KukkBoard member · since 17 May 2010
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Janek KukkNatural person · 2 560 €
Owner in
- 39.99%
- 66.67%
- 16.64%
- 33.33%
- 50%
- 100%
- 33.33%
- 40%
Beneficial owners
- Janek KukkDirect ownership · since 31 Oct 2018
Founders and other persons
- Osaühing Polar HoldingFounder · 40 000 € · 17 May 2010
- Merike KiiskAudit firm · 21 Feb 2022
Related companies
Activities (EMTAK)
- 64929Other credit granting, except pawn shops Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10143452 / 26 10 Apr 2026 |
Amendment entry | In force 10 Apr 2026 |
||
| Ä 10143452 / 25 1 Apr 2026 |
Amendment entry | In force 1 Apr 2026 |
||
| Ä 10143452 / M18 31 Mar 2026 |
Procedural ruling | 10 Apr 2026 | Deficiencies eliminated 2 Apr 2026 |
|
| Ä 10143452 / 24 23 Mar 2026 |
Amendment entry | In force 23 Mar 2026 |
||
| Ä 10143452 / M17 16 Mar 2026 |
Ruling to eliminate deficiencies | 15 Apr 2026 | Deficiencies eliminated 23 Mar 2026 |
|
| Ä 10143452 / 23 4 Sep 2025 |
Third (informative) division entry | In force 4 Sep 2025 |
||
| Ä 10143452 / 22 4 Sep 2025 |
First (declaratory) division entry | In force 4 Sep 2025 |
||
| Ä 10143452 / M16 18 Aug 2025 |
Ruling to eliminate deficiencies | 2 Sep 2025 | Deficiencies eliminated 29 Aug 2025 |
|
| Ä 10143452 / M15 18 Aug 2025 |
Ruling annulling a ruling | In force 18 Aug 2025 |
||
| Ä 10143452 / M13 13 Jan 2025 |
Repeated fine for not filing the report | 28 Jan 2025 | In force 4 Feb 2025 |
|
| Ä 10143452 / M12 4 Sep 2024 |
Fine for not filing the report | 1 Oct 2024 | In force 2 Oct 2024 |
|
| Ä 10143452 / 21 3 Sep 2024 |
Amendment entry | In force 3 Sep 2024 |
||
| Ä 10143452 / M11 29 Aug 2024 |
Ruling to eliminate deficiencies | 3 Oct 2024 | Deficiencies eliminated 3 Sep 2024 |
|
| Ä 10143452 / M10 9 Jul 2024 |
Warning of a fine: annual report not filed | 8 Aug 2024 | In force 9 Jul 2024 |
|
| Ä 10143452 / M9 10 Nov 2023 |
Fine for not filing the report | 25 Nov 2023 | Deficiencies eliminated 30 Dec 2023 |
|
| Ä 10143452 / M8 5 Oct 2023 |
Warning of a fine: annual report not filed | 4 Nov 2023 | Deficiencies eliminated 30 Dec 2023 |
|
| Ä 10143452 / 20 2 Sep 2023 |
Amendment entry | In force 2 Sep 2023 |
||
| Ä 10143452 / 19 9 Feb 2023 |
Amendment entry | In force 9 Feb 2023 |
||
| Ä 10143452 / M7 10 Feb 2022 |
Procedural ruling | 24 Feb 2022 | Deficiencies eliminated 21 Feb 2022 |
|
| Ä 10143452 / M6 5 May 2021 |
Warning of a fine: annual report not filed | 4 Jun 2021 | Deficiencies eliminated 14 Jul 2021 |
|
| Ä 10143452 / 18 14 Jan 2019 |
Third (informative) division entry | In force 14 Jan 2019 |
||
| Ä 10143452 / 17 14 Jan 2019 |
First (declaratory) division entry | In force 14 Jan 2019 |
||
| Ä 10143452 / M5 5 Dec 2018 |
Ruling to eliminate deficiencies | 4 Jan 2019 | Deficiencies eliminated 14 Jan 2019 |
|
| Ä 10143452 / 16 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10143452 / 15 1 Dec 2017 |
Amendment entry | In force 1 Dec 2017 |
||
| Ä 10143452 / 14 28 Sep 2017 |
Third (informative) division entry | In force 28 Sep 2017 |
||
| Ä 10143452 / 13 28 Sep 2017 |
First (declaratory) division entry | In force 28 Sep 2017 |
||
| Ä 10143452 / 12 2 Aug 2017 |
Second (constitutive) merger entry | In force 2 Aug 2017 |
||
| Ä 10143452 / 11 16 May 2017 |
Amendment entry | In force 16 May 2017 |
||
| Ä 10143452 / 10 14 Sep 2016 |
Amendment entry | In force 14 Sep 2016 |
||
| Ä 10143452 / 9 2 May 2016 |
Third (informative) division entry | In force 2 May 2016 |
||
| Ä 10143452 / 8 2 May 2016 |
First (declaratory) division entry | In force 2 May 2016 |
||
| Ä 10143452 / M4 18 Apr 2016 |
Ruling to eliminate deficiencies | 3 May 2016 | Deficiencies eliminated 25 Apr 2016 |
|
| Ä 10143452 / M3 19 Feb 2016 |
Warning of deletion from the register: annual report not filed | 22 Aug 2016 | Deficiencies eliminated 19 Apr 2016 |
|
| Ä 10143452 / 7 10 Apr 2015 |
Third (informative) division entry | In force 10 Apr 2015 |
||
| Ä 10143452 / 6 10 Apr 2015 |
First (declaratory) division entry | In force 10 Apr 2015 |
||
| Ä 10143452 / 5 10 Dec 2014 |
Second (constitutive) merger entry | In force 10 Dec 2014 |
||
| Ä 10143452 / 4 26 Nov 2010 |
Amendment entry | In force 26 Nov 2010 |
||
| Ä 10143452 / M2 1 Nov 2010 |
Ruling to eliminate deficiencies | 6 Dec 2010 | In force 1 Nov 2010 |
|
| Ä 10143452 / 3 1 Jun 2010 |
Note on registration of shares in the Estonian central register of securities | In force 1 Jun 2010 |
||
| Ä 10143452 / 2 17 May 2010 |
Third (informative) division entry | In force 17 May 2010 |
||
| Ä 10143452 17 May 2010 |
First (declaratory) division entry (card of the new company) | In force 17 May 2010 |
||
| Ä 10143452 / M1 3 May 2010 |
Ruling to eliminate deficiencies | In force 3 May 2010 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data