Azareas OÜ

Active Registry code 14135519 OÜ Tallinn Registered 18 Oct 2016

Azareas OÜ is a OÜ based in Tallinn, registry code 14135519, status: active. Main activity: Manufacture of other parts and accessories for motor vehicles. According to EMTA, turnover for Q3 2026 was €66 846 with 1 employees.

Turnover

66 846 €

↓ 37.2% vs Q2 2026

State taxes

26 802 €

↓ 16.2% vs Q2 2026

Labour taxes

4 391 €

↓ 28.9% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Manufacture of motor vehicles, trailers and semi-trailers · EMTAK 29

Turnover · Q3 2026 66 846 €

above 45% of companies

industry median 113 943 € · companies in the industry: 81
Labour taxes per employee 4 391 €

above 86% of companies

industry median 2 706 € · companies in the industry: 67
Revenue · 2025 222 285 €

above 59% of companies

industry median 91 736 € · companies in the industry: 108
Net profit margin · 2025 11.1 %

above 75% of companies

industry median 3.7 % · companies in the industry: 88

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 66 846 € · −37.2% vs Q2 2026 · industry median 113 943 € · above 45% of the industry

Company
Industry median

Industry: Manufacture of motor vehicles, trailers and semi-trailers (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 391 € · −28.9% vs Q2 2026 · industry median 2 706 € · above 86% of the industry

Company
Industry median

Industry: Manufacture of motor vehicles, trailers and semi-trailers (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 26 802 € · −16.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	66 846	26 802	4 391	1
Q2 2026	106 476	31 974	6 173	1
Q1 2026	37 811	14 424	9 498	2
Q4 2025	45 282	13 222	9 717	3
Q3 2025	46 167	17 952	9 540	3
Q2 2025	81 753	17 128	7 827	3
Q1 2025	57 425	9 591	6 120	3
Q4 2024	67 175	7 909	5 098	2
Q3 2024	30 893	7 716	5 186	2
Q2 2024	109 069	18 980	5 980	2
Q1 2024	43 054	11 534	6 181	2
Q4 2023	54 076	13 034	5 434	2
Q3 2023	102 759	18 635	8 312	2
Q2 2023	107 345	13 871	7 707	3
Q1 2023	78 435	10 485	5 900	3
Q4 2022	91 690	13 346	6 302	3
Q3 2022	102 032	16 088	8 844	4
Q2 2022	126 977	10 829	6 383	5
Q1 2022	74 852	7 986	4 438	5

Labour taxes per employee per month

1 464 €

Turnover per employee in the quarter

66 846 €

Q3 2026 · calculated from EMTA data

Financials by year

2017 – 2025

Revenue, € thousand 2025: 222 285 € · −16.9% vs 2024 · industry median 91 736 € · above 59% of the industry

Company
Industry median

Industry: Manufacture of motor vehicles, trailers and semi-trailers (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 24 761 € · −70.2% vs 2024 · industry median 825 € · above 73% of the industry

Company
Industry median

Industry: Manufacture of motor vehicles, trailers and semi-trailers (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 11.1 % · −19.9 pp vs the year before · industry median 3.7 % · above 75% of the industry

Company
Industry median

Industry: Manufacture of motor vehicles, trailers and semi-trailers (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 256 096 € · −7.9% vs 2024

Equity, € thousand 2025: 229 530 € · −12.9% vs 2024

Employees 2025: 4 · +33.3% vs 2024 · industry median 5 · above 45% of the industry

Company
Industry median

Industry: Manufacture of motor vehicles, trailers and semi-trailers (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	222 285	24 761	90 444	256 096	229 530	4
2024	267 528	83 043	49 125	278 123	263 590	3
2023	317 718	88 180	64 277	273 426	257 644	3
2022	377 718	82 378	60 926	278 434	266 131	4
2021	447 924	166 111	58 201	312 936	303 228	4
2020	244 636	105 984	21 129	262 133	251 258	3
2019	413 682	164 902	30 483	207 786	200 609	4
2018	—	—	—	—	—	2
2017	—	—	—	—	—	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

11.1 %

Net profit / revenue

Return on equity (ROE)

10.8 %

Net profit / equity

Return on assets (ROA)

9.7 %

Net profit / assets

Equity ratio

89.6 %

Equity / assets

Debt ratio

10.4 %

Liabilities / assets

Current ratio

9.64

Current assets / current liabilities

Revenue per employee

55 571 €

Revenue / average full-time employees

Labour cost per employee per month

1 884 €

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	2 Jul 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	1 Jul 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	17 Jul 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	3 Jul 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	5 Jul 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	1 Nov 2020	Company’s own	e-Äriregister

Board

Vadim Nazarenkov
Board member · since 18 Oct 2016

Right of representation

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

Owners

Vadim Nazarenkov
Natural person · 2 500 €

100%

Beneficial owners

Vadim Nazarenkov
Direct ownership · since 25 Oct 2018

Founders and other persons

Vadim Nazarenkov
Founder · 2 500 € · 17 Oct 2016

Activities (EMTAK)

29321Manufacture of other parts and accessories for motor vehicles Main

Rulings 5

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 50039512 / 5 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 50039512 / 4 21 Mar 2022	Amendment entry	In force 21 Mar 2022	PDF
Ä 50039512 / 3 21 Jan 2018	Amendment entry	In force 21 Jan 2018	PDF
Ä 50039512 / 2 12 Dec 2017	Amendment entry	In force 12 Dec 2017	PDF
Ä 50039512 18 Oct 2016	First entry	In force 18 Oct 2016	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data