VGFS Financial Services Estonia OÜ

Active Registry code 12252698 OÜ Lehmja küla Registered 22 Mar 2012
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VGFS Financial Services Estonia OÜ is a OÜ based in Lehmja küla, registry code 12252698, status: active. Main activity: Other financial service activities, except insurance and pension funding n.e.c.. According to EMTA, turnover for Q3 2026 was €1 765 177 with 4 employees.

Turnover
1 765 177 €
↓ 20.8% vs Q2 2026
State taxes
44 356 €
↓ 24.7% vs Q2 2026
Labour taxes
10 642 €
↓ 42.7% vs Q2 2026
Employees
4
+2 vs Q2 2026

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

Position in the industry Financial service activities, except insurance and pension funding · EMTAK 64

  • Turnover · Q3 2026 1.8 mn €
    industry median 13 555 € · companies in the industry: 547
  • Labour taxes per employee 2 661 €
    industry median 2 214 € · companies in the industry: 443
  • Revenue · 2025 2.5 mn €
    industry median 0 € · companies in the industry: 3 672
  • Net profit margin · 2025 10.5 %
    industry median 34.4 % · companies in the industry: 770

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 765 177 € · −20.8% vs Q2 2026 · industry median 13 555 € · above 98% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 891 656 € Industry median: 14 078 €Q4·23Q1 2024 Company: 2 424 469 € Industry median: 17 274 €Q2 2024 Company: 4 805 919 € Industry median: 13 884 €Q2·24Q3 2024 Company: 3 208 791 € Industry median: 13 160 €Q4 2024 Company: 3 128 343 € Industry median: 15 008 €Q4·24Q1 2025 Company: 2 322 282 € Industry median: 16 276 €Q2 2025 Company: 1 753 803 € Industry median: 16 066 €Q2·25Q3 2025 Company: 1 898 608 € Industry median: 12 383 €Q4 2025 Company: 2 374 592 € Industry median: 15 000 €Q4·25Q1 2026 Company: 2 887 683 € Industry median: 16 305 €Q2 2026 Company: 2 229 085 € Industry median: 14 161 €Q2·26Q3 2026 Company: 1 765 177 € Industry median: 13 555 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 3 128 343 € Industry median: 15 008 €Q1 2025 Company: 2 322 282 € Industry median: 16 276 €Q1·25Q2 2025 Company: 1 753 803 € Industry median: 16 066 €Q3 2025 Company: 1 898 608 € Industry median: 12 383 €Q3·25Q4 2025 Company: 2 374 592 € Industry median: 15 000 €Q1 2026 Company: 2 887 683 € Industry median: 16 305 €Q1·26Q2 2026 Company: 2 229 085 € Industry median: 14 161 €Q3 2026 Company: 1 765 177 € Industry median: 13 555 €Q3·26
  • 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.

Labour taxes per employee, € Q3 2026: 2 661 € · −71.3% vs Q2 2026 · industry median 2 214 € · above 54% of the industry
02 0004 0006 0008 00010 000Q4 2023 Company: 4 714 € Industry median: 2 331 €Q4·23Q1 2024 Company: 5 691 € Industry median: 2 206 €Q2 2024 Company: 5 711 € Industry median: 2 448 €Q2·24Q3 2024 Company: 4 807 € Industry median: 2 272 €Q4 2024 Company: 4 746 € Industry median: 2 438 €Q4·24Q1 2025 Company: 4 887 € Industry median: 2 659 €Q2 2025 Company: 6 385 € Industry median: 2 225 €Q2·25Q3 2025 Company: 5 262 € Industry median: 2 338 €Q4 2025 Company: 5 366 € Industry median: 2 418 €Q4·25Q1 2026 Company: 4 905 € Industry median: 2 338 €Q2 2026 Company: 9 285 € Industry median: 2 196 €Q2·26Q3 2026 Company: 2 661 € Industry median: 2 214 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 4 746 € Industry median: 2 438 €Q1 2025 Company: 4 887 € Industry median: 2 659 €Q1·25Q2 2025 Company: 6 385 € Industry median: 2 225 €Q3 2025 Company: 5 262 € Industry median: 2 338 €Q3·25Q4 2025 Company: 5 366 € Industry median: 2 418 €Q1 2026 Company: 4 905 € Industry median: 2 338 €Q1·26Q2 2026 Company: 9 285 € Industry median: 2 196 €Q3 2026 Company: 2 661 € Industry median: 2 214 €Q3·26
  • 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.

Employees Q3 2026: 4 · +100.0% vs Q2 2026
01234Q4 2023 Company: 3Q4·23Q1 2024 Company: 3Q2 2024 Company: 3Q2·24Q3 2024 Company: 3Q4 2024 Company: 3Q4·24Q1 2025 Company: 3Q2 2025 Company: 3Q2·25Q3 2025 Company: 3Q4 2025 Company: 3Q4·25Q1 2026 Company: 3Q2 2026 Company: 2Q2·26Q3 2026 Company: 4Q3·2601234Q4 2024 Company: 3Q1 2025 Company: 3Q1·25Q2 2025 Company: 3Q3 2025 Company: 3Q3·25Q4 2025 Company: 3Q1 2026 Company: 3Q1·26Q2 2026 Company: 2Q3 2026 Company: 4Q3·26
State taxes, € thousand Q3 2026: 44 356 € · −24.7% vs Q2 2026
050100150200Q4 2023 Company: 77 070 €Q4·23Q1 2024 Company: 58 413 €Q2 2024 Company: 61 321 €Q2·24Q3 2024 Company: 154 645 €Q4 2024 Company: 79 730 €Q4·24Q1 2025 Company: 140 838 €Q2 2025 Company: 35 049 €Q2·25Q3 2025 Company: 49 895 €Q4 2025 Company: 94 460 €Q4·25Q1 2026 Company: 176 311 €Q2 2026 Company: 58 896 €Q2·26Q3 2026 Company: 44 356 €Q3·26050100150200Q4 2024 Company: 79 730 €Q1 2025 Company: 140 838 €Q1·25Q2 2025 Company: 35 049 €Q3 2025 Company: 49 895 €Q3·25Q4 2025 Company: 94 460 €Q1 2026 Company: 176 311 €Q1·26Q2 2026 Company: 58 896 €Q3 2026 Company: 44 356 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 765 177 44 356 10 642 4
Q2 2026 2 229 085 58 896 18 569 2
Q1 2026 2 887 683 176 311 14 715 3
Q4 2025 2 374 592 94 460 16 099 3
Q3 2025 1 898 608 49 895 15 787 3
Q2 2025 1 753 803 35 049 19 154 3
Q1 2025 2 322 282 140 838 14 661 3
Q4 2024 3 128 343 79 730 14 238 3
Q3 2024 3 208 791 154 645 14 420 3
Q2 2024 4 805 919 61 321 17 133 3
Q1 2024 2 424 469 58 413 17 073 3
Q4 2023 3 891 656 77 070 14 141 3
Q3 2023 4 757 361 68 248 17 038 3
Q2 2023 3 976 055 68 955 14 420 3
Q1 2023 4 904 723 77 040 11 754 3
Q4 2022 7 498 928 74 117 11 146 3
Q3 2022 3 796 996 39 059 11 675 3
Q2 2022 5 687 954 74 026 12 033 3
Q1 2022 3 744 487 104 611 5 821 3
Labour taxes per employee per month
887 €
Turnover per employee in the quarter
441 294 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 2 518 230 € · −21.0% vs 2024 · industry median 0 € · above 98% of the industry
01 0002 0003 0004 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 905 465 € Industry median: 0 €20192020 Company: 2 014 885 € Industry median: 0 €20202021 Company: 2 020 925 € Industry median: 0 €20212022 Company: 2 351 744 € Industry median: 0 €20222023 Company: 3 282 961 € Industry median: 0 €20232024 Company: 3 187 861 € Industry median: 0 €20242025 Company: 2 518 230 € Industry median: 0 €202501 0002 0003 0004 0002018 Company: — Industry median: —2019 Company: 905 465 € Industry median: 0 €20192020 Company: 2 014 885 € Industry median: 0 €2021 Company: 2 020 925 € Industry median: 0 €20212022 Company: 2 351 744 € Industry median: 0 €2023 Company: 3 282 961 € Industry median: 0 €20232024 Company: 3 187 861 € Industry median: 0 €2025 Company: 2 518 230 € Industry median: 0 €2025
  • 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.

Net profit, € thousand 2025: 264 912 € · −31.3% vs 2024 · industry median 0 € · above 92% of the industry
02004006008002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 113 184 € Industry median: 0 €20192020 Company: 252 584 € Industry median: 0 €20202021 Company: 455 174 € Industry median: 0 €20212022 Company: 717 374 € Industry median: 0 €20222023 Company: 146 200 € Industry median: 0 €20232024 Company: 385 697 € Industry median: 0 €20242025 Company: 264 912 € Industry median: 0 €202502004006008002018 Company: — Industry median: —2019 Company: 113 184 € Industry median: 0 €20192020 Company: 252 584 € Industry median: 0 €2021 Company: 455 174 € Industry median: 0 €20212022 Company: 717 374 € Industry median: 0 €2023 Company: 146 200 € Industry median: 0 €20232024 Company: 385 697 € Industry median: 0 €2025 Company: 264 912 € Industry median: 0 €2025
  • 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.

Net profit margin, % 2025: 10.5 % · −1.6 pp vs the year before · industry median 34.4 % · above 36% of the industry
010203040502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 12.5 % Industry median: 39.3 %20192020 Company: 12.5 % Industry median: 42.1 %20202021 Company: 22.5 % Industry median: 45.0 %20212022 Company: 30.5 % Industry median: 26.3 %20222023 Company: 4.5 % Industry median: 41.1 %20232024 Company: 12.1 % Industry median: 35.8 %20242025 Company: 10.5 % Industry median: 34.4 %2025010203040502018 Company: — Industry median: —2019 Company: 12.5 % Industry median: 39.3 %20192020 Company: 12.5 % Industry median: 42.1 %2021 Company: 22.5 % Industry median: 45.0 %20212022 Company: 30.5 % Industry median: 26.3 %2023 Company: 4.5 % Industry median: 41.1 %20232024 Company: 12.1 % Industry median: 35.8 %2025 Company: 10.5 % Industry median: 34.4 %2025
  • 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.

Assets, € thousand 2025: 27 230 831 € · −13.6% vs 2024
010 00020 00030 00040 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 34 379 887 €20192020 Company: 32 422 821 €20202021 Company: 33 169 598 €20212022 Company: 36 782 982 €20222023 Company: 35 769 418 €20232024 Company: 31 525 739 €20242025 Company: 27 230 831 €2025010 00020 00030 00040 0002018 Company: —2019 Company: 34 379 887 €20192020 Company: 32 422 821 €2021 Company: 33 169 598 €20212022 Company: 36 782 982 €2023 Company: 35 769 418 €20232024 Company: 31 525 739 €2025 Company: 27 230 831 €2025
Equity, € thousand 2025: 2 330 762 € · +0.9% vs 2024
05001 0001 5002 0002 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 642 821 €20192020 Company: 895 405 €20202021 Company: 1 350 579 €20212022 Company: 2 067 953 €20222023 Company: 2 214 153 €20232024 Company: 2 310 850 €20242025 Company: 2 330 762 €202505001 0001 5002 0002 5002018 Company: —2019 Company: 642 821 €20192020 Company: 895 405 €2021 Company: 1 350 579 €20212022 Company: 2 067 953 €2023 Company: 2 214 153 €20232024 Company: 2 310 850 €2025 Company: 2 330 762 €2025
Employees 2025: 3 · +0.0% vs 2024 · industry median 1 · above 80% of the industry
01232016 Company: 2 Industry median: —20162017 Company: 2 Industry median: —20172018 Company: 2 Industry median: 120182019 Company: 2 Industry median: 120192020 Company: 2 Industry median: 120202021 Company: 2 Industry median: 120212022 Company: 3 Industry median: 120222023 Company: 3 Industry median: 120232024 Company: 3 Industry median: 120242025 Company: 3 Industry median: 1202501232018 Company: 2 Industry median: 12019 Company: 2 Industry median: 120192020 Company: 2 Industry median: 12021 Company: 2 Industry median: 120212022 Company: 3 Industry median: 12023 Company: 3 Industry median: 120232024 Company: 3 Industry median: 12025 Company: 3 Industry median: 12025
  • 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.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 2 518 230 264 912 153 212 27 230 831 2 330 762 3
2024 3 187 861 385 697 158 628 31 525 739 2 310 850 3
2023 3 282 961 146 200 153 691 35 769 418 2 214 153 3
2022 2 351 744 717 374 113 705 36 782 982 2 067 953 3
2021 2 020 925 455 174 83 264 33 169 598 1 350 579 2
2020 2 014 885 252 584 92 743 32 422 821 895 405 2
2019 905 465 113 184 79 177 34 379 887 642 821 2
2018 — — — — — 2
2017 — — — — — 2
2016 — — — — — 2
2015 — — — — — 2
2014 — — — — — 2
2013 — — — — — 2
2012 — — — — — 2

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
10.5 %
Net profit / revenue
Return on equity (ROE)
11.4 %
Net profit / equity
Return on assets (ROA)
1.0 %
Net profit / assets
Equity ratio
8.6 %
Equity / assets
Debt ratio
91.4 %
Liabilities / assets
Current ratio
0.89
Current assets / current liabilities
Revenue per employee
839 410 €
Revenue / average full-time employees
Labour cost per employee per month
4 256 €
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 25 Aug 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 10 Jul 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 12 Jul 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 25 Oct 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 6 Mar 2023 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 26 Aug 2022 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 12 May 2021 Company’s own · audited e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

  • Mats Harry Backman
    Member of a senior management body (management or supervisory board) · SWE · since 27 Dec 2023

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 64991Other financial service activities, except insurance and pension funding n.e.c. Main
  • 70201Business and other management consultancy activities
Rulings
Number, date Title Deadline State Document
Ä 10166934 / M4
28 Jul 2026
Ruling to eliminate deficiencies in the annual report 27 Aug 2026 Deficiencies eliminated
25 Aug 2026
PDF
Ä 10166934 / 16
16 Apr 2026
Amendment entry In force
16 Apr 2026
PDF
Ä 10166934 / 15
20 Jun 2025
Amendment entry In force
20 Jun 2025
PDF
Ä 10166934 / M3
9 Jul 2024
Warning of a fine: annual report not filed 8 Aug 2024 Deficiencies eliminated
13 Jul 2024
PDF
Ä 10166934 / 14
25 Oct 2023
Amendment entry In force
25 Oct 2023
PDF
Ä 10166934 / M2
6 Oct 2023
Warning of a fine: annual report not filed 5 Nov 2023 Deficiencies eliminated
26 Oct 2023
PDF
Ä 10166934 / 13
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10166934 / 12
3 Jul 2023
Amendment entry In force
3 Jul 2023
PDF
Ä 10166934 / 11
29 Nov 2022
Amendment entry In force
29 Nov 2022
PDF
Ä 10166934 / 10
21 Jul 2022
Amendment entry In force
21 Jul 2022
PDF
Ä 10166934 / 9
10 Nov 2021
Amendment entry In force
10 Nov 2021
PDF
Ä 10166934 / 8
9 Jul 2021
Amendment entry In force
9 Jul 2021
PDF
Ä 10166934 / M1
6 May 2021
Warning of a fine: annual report not filed 5 Jun 2021 Deficiencies eliminated
12 May 2021
PDF
Ä 10166934 / 7
31 Dec 2019
Amendment entry In force
31 Dec 2019
PDF
Ä 10166934 / 6
7 Aug 2019
Amendment entry In force
7 Aug 2019
PDF
Ä 10166934 / 5
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10166934 / 4
2 Dec 2017
Amendment entry In force
2 Dec 2017
PDF
Ä 10166934 / 3
28 Mar 2016
Amendment entry In force
28 Mar 2016
PDF
Ä 10166934 / 2
12 Nov 2012
Amendment entry In force
12 Nov 2012
PDF
Ä 10166934
22 Mar 2012
First entry In force
22 Mar 2012
PDF

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