Cubo Trade OÜ

Active Registry code 14153664 OÜ Tallinn Registered 17 Nov 2016

Cubo Trade OÜ is a OÜ based in Tallinn, registry code 14153664, status: active. Main activity: Activities of agents involved in the wholesale of furniture, household goods, hardware and ironmongery. According to EMTA, turnover for Q3 2026 was €24 127 with employees.

Turnover

24 127 €

↓ 50.2% vs Q2 2026

State taxes

36 €

↓ 96.5% vs Q2 2026

Labour taxes

0 €

Employees

—

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

Position in the industry Wholesale trade · EMTAK 46

Turnover · Q3 2026 24 127 €

above 36% of companies

industry median 60 065 € · companies in the industry: 6 941
Revenue · 2024 84 979 €

above 53% of companies

industry median 60 216 € · companies in the industry: 10 685
Net profit margin · 2024 48.0 %

above 92% of companies

industry median 2.9 % · companies in the industry: 7 870

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 24 127 € · −50.2% vs Q2 2026 · industry median 60 065 € · above 36% of the industry

Company
Industry median

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

State taxes, € Q3 2026: 36 € · −96.5% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	24 127	36	—	—
Q2 2026	48 410	1 018	—	—
Q1 2026	10 898	2 328	—	—
Q4 2025	19 306	1 801	—	—
Q3 2025	31 486	—	—	—
Q2 2025	18 273	17	—	—
Q1 2025	6 600	—	—	—
Q4 2024	29 789	35	—	—
Q3 2024	32 826	—	—	—
Q2 2024	13 068	—	—	—
Q1 2024	12 692	—	—	—
Q4 2023	10 072	—	—	—
Q3 2023	9 150	—	—	—
Q2 2023	15 595	—	—	—
Q1 2023	11 554	128	—	—
Q4 2022	19 353	606	—	—
Q3 2022	5 400	240	—	—
Q2 2022	3 071	—	—	—
Q1 2022	10 630	14	—	—

Financials by year

2017 – 2024

Revenue, € 2024: 84 979 € · +75.7% vs 2023 · industry median 60 216 € · above 53% of the industry

Company
Industry median

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

Net profit, € 2024: 40 821 € · +3 443.5% vs 2023 · industry median 134 € · above 81% of the industry

Company
Industry median

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

Net profit margin, % 2024: 48.0 % · +45.7 pp vs the year before · industry median 2.9 % · above 92% of the industry

Company
Industry median

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

Assets, € 2024: 89 724 € · +91.2% vs 2023

Equity, € 2024: 82 460 € · +98.0% vs 2023

Employees 2024: 0 · industry median 2 · above 2% of the industry

Company
Industry median

Industry: Wholesale trade (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, €
2024	84 979	40 821	0	89 724	82 460
2023	48 371	1 152	0	46 928	41 639
2022	48 625	10 036	0	50 773	40 486
2021	59 093	18 050	0	30 710	30 450
2020	59 029	30 588	0	96 719	12 400
2019	21 771	-20 463	0	62 660	-18 188
2018	—	—	—	—	—
2017	—	—	—	—	—

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2024

Net profit margin

48.0 %

Net profit / revenue

Return on equity (ROE)

49.5 %

Net profit / equity

Return on assets (ROA)

45.5 %

Net profit / assets

Equity ratio

91.9 %

Equity / assets

Debt ratio

8.1 %

Liabilities / assets

Current ratio

12.35

Current assets / current liabilities

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2024	1 Jan 2024 – 31 Dec 2024	18 Sep 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	27 Nov 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	1 Mar 2024	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	8 Aug 2023	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	23 Aug 2022	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	23 Aug 2022	Company’s own	e-Äriregister

Board

Patrik Vespignani
Board member · since 17 Nov 2016

Right of representation

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

Owners

Patrik Vespignani
Natural person · 2 500 €

100%

Beneficial owners

Patrik Vespignani
Direct ownership · FIN · since 16 Oct 2025

Founders and other persons

Patrik Vespignani
Founder · 2 500 € · 30 Sep 2016

Activities (EMTAK)

46151Activities of agents involved in the wholesale of furniture, household goods, hardware and ironmongery Main

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50041567 / M5 3 Sep 2024	Warning of deletion from the register: annual report not filed	7 Dec 2024	Deficiencies eliminated 28 Nov 2024	PDF
Ä 50041567 / M4 11 Jul 2024	Warning of deletion from the register: annual report not filed	14 Oct 2024	Deficiencies eliminated 24 Aug 2024	PDF
Ä 50041567 / M3 3 Dec 2023	Warning of deletion from the register: annual report not filed	7 Mar 2024	Deficiencies eliminated 2 Mar 2024	PDF
Ä 50041567 / 4 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 50041567 / M2 22 Aug 2022	Fine for not filing the report	14 Sep 2022	In force 15 Sep 2022	PDF
Ä 50041567 / M1 18 May 2022	Warning of a fine: annual report not filed	17 Jun 2022	Deficiencies eliminated 23 Aug 2022	PDF
Ä 50041567 / 3 21 Jan 2018	Amendment entry		In force 21 Jan 2018	PDF
Ä 50041567 / 2 12 Dec 2017	Amendment entry		In force 12 Dec 2017	PDF
Ä 50041567 17 Nov 2016	First entry		In force 17 Nov 2016	PDF

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