VAAK Group OÜ

Active Registry code 12996890 OÜ Võnnu küla Registered 16 Feb 2016

VAAK Group OÜ is a OÜ based in Võnnu küla, registry code 12996890, status: active. Main activity: Electrical installation work. According to EMTA, turnover for Q3 2026 was €104 067 with 7 employees.

Turnover

104 067 €

↑ 47.4% vs Q2 2026

State taxes

13 957 €

↑ 8.8% vs Q2 2026

Labour taxes

8 457 €

↑ 63.2% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Specialised construction activities · EMTAK 43

Turnover · Q3 2026 104 067 €

above 83% of companies

industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee 1 208 €

above 48% of companies

industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025 175 668 €

above 81% of companies

industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 2025 0.5 %

above 35% of companies

industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 104 067 € · +47.4% vs Q2 2026 · industry median 23 017 € · above 83% of the industry

Company
Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 208 € · +63.2% vs Q2 2026 · industry median 1 236 € · above 48% of the industry

Company
Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 7 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 13 957 € · +8.8% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	104 067	13 957	8 457	7
Q2 2026	70 592	12 827	5 183	7
Q1 2026	68 908	12 751	5 299	4
Q4 2025	86 770	15 964	5 911	6
Q3 2025	39 865	9 043	3 004	5
Q2 2025	16 843	4 996	2 373	4
Q1 2025	30 422	6 399	3 917	4
Q4 2024	110 097	—	5 126	3
Q3 2024	191 941	—	4 416	4
Q2 2024	243 772	—	6 074	3
Q1 2024	189 822	—	6 538	5
Q4 2023	277 909	—	5 723	6
Q3 2023	277 848	—	6 633	5
Q2 2023	240 939	—	5 717	5
Q1 2023	195 960	—	5 174	5
Q4 2022	254 353	—	5 160	4
Q3 2022	130 182	—	4 918	4
Q2 2022	178 481	—	2 937	3
Q1 2022	155 619	—	1 869	2

Labour taxes per employee per month

403 €

Turnover per employee in the quarter

14 867 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 175 668 € · −73.7% vs 2024 · industry median 37 328 € · above 81% of the industry

Company
Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 853 € · +102.9% vs 2024 · industry median 561 € · above 52% of the industry

Company
Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 0.5 % · +4.9 pp vs the year before · industry median 3.9 % · above 35% of the industry

Company
Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 42 525 € · +1.1% vs 2024

Equity, € 2025: 15 753 € · +5.7% vs 2024

Employees 2025: 5 · +25.0% vs 2024 · industry median 1 · above 85% of the industry

Company
Industry median

Industry: Specialised construction activities (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	175 668	853	46 418	42 525	15 753	5
2024	668 330	-29 183	60 249	42 047	14 900	4
2023	985 629	15 882	65 212	89 594	44 083	5
2022	699 518	-3 237	34 992	70 243	28 201	3
2021	361 724	23 884	16 663	59 004	31 438	2
2020	32 262	4 711	0	16 506	14 288	0
2019	0	-371	0	19 080	19 077	0
2018	—	—	—	—	—	0
2017	—	—	—	—	—	0
2016	—	—	—	—	—	1

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

0.5 %

Net profit / revenue

Return on equity (ROE)

5.4 %

Net profit / equity

Return on assets (ROA)

2.0 %

Net profit / assets

Equity ratio

37.0 %

Equity / assets

Debt ratio

63.0 %

Liabilities / assets

Current ratio

1.14

Current assets / current liabilities

Revenue per employee

35 134 €

Revenue / average full-time employees

Labour cost per employee per month

774 €

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	23 May 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	18 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	18 Mar 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	12 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	28 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	28 Apr 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	7 Oct 2020	Company’s own	e-Äriregister

Board

Andres Kuljas
Board member · since 14 Mar 2025
Aleksander Kuljas
Board member · since 19 Aug 2026

Right of representation

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

Owners

Aleksander Kuljas
Natural person · 2 500 €

100%

Beneficial owners

Aleksander Kuljas
Direct ownership · since 28 Apr 2021

Founders and other persons

Viktor Kuljas
Founder · 2 500 € · 16 Feb 2016

Activities (EMTAK)

43211Electrical installation work Main
46503Wholesale of electronic and telecommunication equipment and parts
96223Eyelash and eyebrow technician services

Rulings 13

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50024369 / 10 19 Aug 2026	Amendment entry		In force 19 Aug 2026	PDF
Ä 50024369 / 9 9 Apr 2025	Amendment entry		In force 9 Apr 2025	PDF
Ä 50024369 / 8 14 Mar 2025	Amendment entry		In force 14 Mar 2025	PDF
Ä 50024369 / 7 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 50024369 / 6 28 Apr 2021	Amendment entry		In force 28 Apr 2021	PDF
Ä 50024369 / M3 27 Apr 2021	Ruling to eliminate deficiencies	27 May 2021	Deficiencies eliminated 28 Apr 2021	PDF
Ä 50024369 / 5 12 Nov 2020	Amendment entry		In force 12 Nov 2020	PDF
Ä 50024369 / M2 6 Nov 2020	Procedural ruling	16 Nov 2020	Deficiencies eliminated 12 Nov 2020	PDF
Ä 50024369 / 4 31 Jul 2020	Amendment entry		In force 31 Jul 2020	PDF
Ä 50024369 / M1 22 Jul 2020	Ruling to eliminate deficiencies	29 Jul 2020	Deficiencies eliminated 28 Jul 2020	PDF
Ä 50024369 / 3 14 Feb 2018	Amendment entry		In force 14 Feb 2018	PDF
Ä 50024369 / 2 19 Jan 2018	Amendment entry		In force 19 Jan 2018	PDF
Ä 50024369 16 Feb 2016	First entry		In force 16 Feb 2016	PDF

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