Victor H Velez Luthier OÜ

Active Registry code 12778785 OÜ Tallinn Registered 8 Jan 2015
Compare

Victor H Velez Luthier OÜ is a OÜ based in Tallinn, registry code 12778785, status: active. Main activity: Manufacture of musical instruments. Its annual report for 2025 shows revenue of €28 138 and 0 employees.

Turnover
—
State taxes
188 €
Labour taxes
0 €
Employees
—

Q4 2023 · data from the Tax and Customs Board (EMTA)

Position in the industry Other manufacturing · EMTAK 32

  • Revenue · 2025 28 138 €
    industry median 15 630 € · companies in the industry: 668
  • Net profit margin · 2025 7.7 %
    industry median 4.9 % · companies in the industry: 476

Taxes and turnover

Q1 2022 – Q4 2023
State taxes, € Q4 2023: 188 € · +180.6% vs Q3 2022
050100150200Q1 2022 Company: 67 €Q1·22Q2 2022 Company: 134 €Q2·22Q3 2022 Company: 67 €Q3·22Q4 2023 Company: 188 €Q4·23050100150200Q1 2022 Company: 67 €Q2 2022 Company: 134 €Q2·22Q3 2022 Company: 67 €Q4 2023 Company: 188 €Q4·23
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q4 2023 — 188 — —
Q3 2022 — 67 67 —
Q2 2022 — 134 133 —
Q1 2022 — 67 67 —

Financials by year

2016 – 2025
Revenue, € 2025: 28 138 € · −1.0% vs 2024 · industry median 15 630 € · above 58% of the industry
010 00020 00030 00040 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 7 185 € Industry median: 31 675 €20192020 Company: 4 420 € Industry median: 22 748 €20202021 Company: 17 282 € Industry median: 26 265 €20212022 Company: 25 436 € Industry median: 22 848 €20222023 Company: 7 354 € Industry median: 16 122 €20232024 Company: 28 425 € Industry median: 15 894 €20242025 Company: 28 138 € Industry median: 15 630 €2025010 00020 00030 00040 0002018 Company: — Industry median: —2019 Company: 7 185 € Industry median: 31 675 €20192020 Company: 4 420 € Industry median: 22 748 €2021 Company: 17 282 € Industry median: 26 265 €20212022 Company: 25 436 € Industry median: 22 848 €2023 Company: 7 354 € Industry median: 16 122 €20232024 Company: 28 425 € Industry median: 15 894 €2025 Company: 28 138 € Industry median: 15 630 €2025
  • Company
  • Industry median

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

Net profit, € 2025: 2 180 € · −25.3% vs 2024 · industry median 82 € · above 66% of the industry
-10 000-5 00005 00010 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -6 677 € Industry median: 546 €20192020 Company: -2 118 € Industry median: 264 €20202021 Company: 8 130 € Industry median: 591 €20212022 Company: 7 794 € Industry median: 203 €20222023 Company: -5 839 € Industry median: 167 €20232024 Company: 2 920 € Industry median: 87 €20242025 Company: 2 180 € Industry median: 82 €2025-10 000-5 00005 00010 0002018 Company: — Industry median: —2019 Company: -6 677 € Industry median: 546 €20192020 Company: -2 118 € Industry median: 264 €2021 Company: 8 130 € Industry median: 591 €20212022 Company: 7 794 € Industry median: 203 €2023 Company: -5 839 € Industry median: 167 €20232024 Company: 2 920 € Industry median: 87 €2025 Company: 2 180 € Industry median: 82 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: 7.7 % · −2.5 pp vs the year before · industry median 4.9 % · above 57% of the industry
-100-500502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -92.9 % Industry median: 4.6 %20192020 Company: -47.9 % Industry median: 5.6 %20202021 Company: 47.0 % Industry median: 6.6 %20212022 Company: 30.6 % Industry median: 5.2 %20222023 Company: -79.4 % Industry median: 4.4 %20232024 Company: 10.3 % Industry median: 5.0 %20242025 Company: 7.7 % Industry median: 4.9 %2025-100-500502018 Company: — Industry median: —2019 Company: -92.9 % Industry median: 4.6 %20192020 Company: -47.9 % Industry median: 5.6 %2021 Company: 47.0 % Industry median: 6.6 %20212022 Company: 30.6 % Industry median: 5.2 %2023 Company: -79.4 % Industry median: 4.4 %20232024 Company: 10.3 % Industry median: 5.0 %2025 Company: 7.7 % Industry median: 4.9 %2025
  • Company
  • Industry median

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

Assets, € 2025: 28 011 € · +8.4% vs 2024
010 00020 00030 00040 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 21 446 €20192020 Company: 19 327 €20202021 Company: 23 956 €20212022 Company: 31 750 €20222023 Company: 23 261 €20232024 Company: 25 831 €20242025 Company: 28 011 €2025010 00020 00030 00040 0002018 Company: —2019 Company: 21 446 €20192020 Company: 19 327 €2021 Company: 23 956 €20212022 Company: 31 750 €2023 Company: 23 261 €20232024 Company: 25 831 €2025 Company: 28 011 €2025
Equity, € 2025: 19 547 € · +12.6% vs 2024
05 00010 00015 00020 00025 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 9 481 €20192020 Company: 7 363 €20202021 Company: 15 492 €20212022 Company: 23 286 €20222023 Company: 14 447 €20232024 Company: 17 367 €20242025 Company: 19 547 €202505 00010 00015 00020 00025 0002018 Company: —2019 Company: 9 481 €20192020 Company: 7 363 €2021 Company: 15 492 €20212022 Company: 23 286 €2023 Company: 14 447 €20232024 Company: 17 367 €2025 Company: 19 547 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 220182019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 220202021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02018 Company: 0 Industry median: 22019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 22021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 22025 Company: 0 Industry median: 22025
  • Company
  • Industry median

Industry: Other manufacturing (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 28 138 2 180 0 28 011 19 547 0
2024 28 425 2 920 0 25 831 17 367 0
2023 7 354 -5 839 0 23 261 14 447 0
2022 25 436 7 794 0 31 750 23 286 0
2021 17 282 8 130 0 23 956 15 492 0
2020 4 420 -2 118 0 19 327 7 363 0
2019 7 185 -6 677 0 21 446 9 481 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 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
7.7 %
Net profit / revenue
Return on equity (ROE)
11.2 %
Net profit / equity
Return on assets (ROA)
7.8 %
Net profit / assets
Equity ratio
69.8 %
Equity / assets
Debt ratio
30.2 %
Liabilities / assets
Current ratio
3.31
Current assets / current liabilities

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 1 Jul 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 9 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 10 Sep 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 10 Aug 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 5 Aug 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 21 Dec 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

Activities (EMTAK)

  • 32201Manufacture of musical instruments Main
Rulings
Number, date Title Deadline State Document
Ä 50000366 / 8
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50000366 / 7
6 Apr 2018
Amendment entry In force
6 Apr 2018
PDF
Ä 50000366 / 6
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 50000366 / 5
9 Dec 2017
Amendment entry In force
9 Dec 2017
PDF
Ä 50000366 / 4
30 Jan 2017
Amendment entry In force
30 Jan 2017
PDF
Ä 50000366 / 3
9 Sep 2016
Amendment entry In force
9 Sep 2016
PDF
Ä 50000366 / 2
21 Jan 2015
Amendment entry In force
21 Jan 2015
PDF
Ä 50000366
8 Jan 2015
First entry In force
8 Jan 2015
PDF

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