VARELO OÜ

Active Registry code 14548799 OÜ Tartu linn Registered 22 Aug 2018
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VARELO OÜ is a OÜ based in Tartu linn, registry code 14548799, status: active. Main activity: Translation and interpretation activities. According to EMTA, turnover for Q3 2026 was €31 105 with employees.

Turnover
31 105 €
↓ 16.7% vs Q2 2026
State taxes
2 223 €
Labour taxes
0 €
Employees
—

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

Position in the industry Other professional, scientific and technical activities · EMTAK 74

  • Turnover · Q3 2026 31 105 €
    industry median 9 242 € · companies in the industry: 2 536
  • Revenue · 2025 51 081 €
    industry median 6 586 € · companies in the industry: 7 527
  • Net profit margin · 2025 3.3 %
    industry median 10.4 % · companies in the industry: 5 370

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 31 105 € · −16.7% vs Q2 2026 · industry median 9 242 € · above 81% of the industry
010 00020 00030 00040 000Q4 2023 Company: 19 224 € Industry median: 9 785 €Q4·23Q1 2024 Company: 25 080 € Industry median: 8 800 €Q2 2024 Company: 12 614 € Industry median: 8 986 €Q2·24Q3 2024 Company: 25 434 € Industry median: 8 842 €Q4 2024 Company: 15 370 € Industry median: 9 244 €Q4·24Q1 2025 Company: 9 597 € Industry median: 8 763 €Q2 2025 Company: 11 210 € Industry median: 9 000 €Q2·25Q3 2025 Company: 12 788 € Industry median: 8 656 €Q4 2025 Company: 18 503 € Industry median: 9 635 €Q4·25Q1 2026 Company: 7 644 € Industry median: 8 777 €Q2 2026 Company: 37 356 € Industry median: 9 058 €Q2·26Q3 2026 Company: 31 105 € Industry median: 9 242 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 15 370 € Industry median: 9 244 €Q1 2025 Company: 9 597 € Industry median: 8 763 €Q1·25Q2 2025 Company: 11 210 € Industry median: 9 000 €Q3 2025 Company: 12 788 € Industry median: 8 656 €Q3·25Q4 2025 Company: 18 503 € Industry median: 9 635 €Q1 2026 Company: 7 644 € Industry median: 8 777 €Q1·26Q2 2026 Company: 37 356 € Industry median: 9 058 €Q3 2026 Company: 31 105 € Industry median: 9 242 €Q3·26
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 2 223 €
05001 0001 5002 0002 500Q4 2023 Company: 41 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 211 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 16 €Q4·24Q1 2025 Company: 100 €Q2 2025 Company: 502 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 0 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 2 223 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 16 €Q1 2025 Company: 100 €Q1·25Q2 2025 Company: 502 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 0 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 2 223 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 31 105 2 223 — —
Q2 2026 37 356 — — —
Q1 2026 7 644 — — —
Q4 2025 18 503 — — —
Q3 2025 12 788 — — —
Q2 2025 11 210 502 — —
Q1 2025 9 597 100 — —
Q4 2024 15 370 16 — —
Q3 2024 25 434 — — —
Q2 2024 12 614 211 — —
Q1 2024 25 080 — — —
Q4 2023 19 224 41 — —
Q3 2023 16 012 — — —
Q2 2023 14 088 137 — —
Q1 2023 23 062 178 — —
Q4 2022 28 420 — — —
Q3 2022 18 023 78 — —
Q2 2022 25 441 — — —
Q1 2022 23 059 24 — —

Financials by year

2018 – 2025
Revenue, € thousand 2025: 51 081 € · −23.1% vs 2024 · industry median 6 586 € · above 86% of the industry
02550751001252018 Company: — Industry median: —20182019 Company: 35 387 € Industry median: 6 976 €20192020 Company: 108 623 € Industry median: 6 206 €20202021 Company: 105 165 € Industry median: 6 670 €20212022 Company: 91 413 € Industry median: 6 917 €20222023 Company: 69 637 € Industry median: 6 395 €20232024 Company: 66 409 € Industry median: 6 500 €20242025 Company: 51 081 € Industry median: 6 586 €202502550751001252018 Company: — Industry median: —2019 Company: 35 387 € Industry median: 6 976 €20192020 Company: 108 623 € Industry median: 6 206 €2021 Company: 105 165 € Industry median: 6 670 €20212022 Company: 91 413 € Industry median: 6 917 €2023 Company: 69 637 € Industry median: 6 395 €20232024 Company: 66 409 € Industry median: 6 500 €2025 Company: 51 081 € Industry median: 6 586 €2025
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 1 704 € · −80.0% vs 2024 · industry median 107 € · above 66% of the industry
020 00040 00060 0002018 Company: — Industry median: —20182019 Company: 5 357 € Industry median: 376 €20192020 Company: 42 188 € Industry median: 290 €20202021 Company: 58 615 € Industry median: 454 €20212022 Company: 45 525 € Industry median: 251 €20222023 Company: 3 407 € Industry median: 219 €20232024 Company: 8 530 € Industry median: 183 €20242025 Company: 1 704 € Industry median: 107 €2025020 00040 00060 0002018 Company: — Industry median: —2019 Company: 5 357 € Industry median: 376 €20192020 Company: 42 188 € Industry median: 290 €2021 Company: 58 615 € Industry median: 454 €20212022 Company: 45 525 € Industry median: 251 €2023 Company: 3 407 € Industry median: 219 €20232024 Company: 8 530 € Industry median: 183 €2025 Company: 1 704 € Industry median: 107 €2025
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 3.3 % · −9.5 pp vs the year before · industry median 10.4 % · above 40% of the industry
02040602018 Company: — Industry median: —20182019 Company: 15.1 % Industry median: 13.6 %20192020 Company: 38.8 % Industry median: 14.5 %20202021 Company: 55.7 % Industry median: 16.1 %20212022 Company: 49.8 % Industry median: 12.9 %20222023 Company: 4.9 % Industry median: 13.2 %20232024 Company: 12.8 % Industry median: 11.3 %20242025 Company: 3.3 % Industry median: 10.4 %202502040602018 Company: — Industry median: —2019 Company: 15.1 % Industry median: 13.6 %20192020 Company: 38.8 % Industry median: 14.5 %2021 Company: 55.7 % Industry median: 16.1 %20212022 Company: 49.8 % Industry median: 12.9 %2023 Company: 4.9 % Industry median: 13.2 %20232024 Company: 12.8 % Industry median: 11.3 %2025 Company: 3.3 % Industry median: 10.4 %2025
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 401 169 € · +4.7% vs 2024
01002003004005002018 Company: —20182019 Company: 129 663 €20192020 Company: 190 750 €20202021 Company: 272 767 €20212022 Company: 280 912 €20222023 Company: 351 487 €20232024 Company: 383 089 €20242025 Company: 401 169 €202501002003004005002018 Company: —2019 Company: 129 663 €20192020 Company: 190 750 €2021 Company: 272 767 €20212022 Company: 280 912 €2023 Company: 351 487 €20232024 Company: 383 089 €2025 Company: 401 169 €2025
Equity, € thousand 2025: 170 045 € · +1.0% vs 2024
0501001502002018 Company: —20182019 Company: 10 088 €20192020 Company: 52 276 €20202021 Company: 110 879 €20212022 Company: 156 404 €20222023 Company: 159 811 €20232024 Company: 168 341 €20242025 Company: 170 045 €20250501001502002018 Company: —2019 Company: 10 088 €20192020 Company: 52 276 €2021 Company: 110 879 €20212022 Company: 156 404 €2023 Company: 159 811 €20232024 Company: 168 341 €2025 Company: 170 045 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Other professional, scientific and technical 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 51 081 1 704 0 401 169 170 045 0
2024 66 409 8 530 0 383 089 168 341 0
2023 69 637 3 407 0 351 487 159 811 0
2022 91 413 45 525 0 280 912 156 404 0
2021 105 165 58 615 0 272 767 110 879 0
2020 108 623 42 188 0 190 750 52 276 0
2019 35 387 5 357 0 129 663 10 088 0
2018 — — — — — 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
3.3 %
Net profit / revenue
Return on equity (ROE)
1.0 %
Net profit / equity
Return on assets (ROA)
0.4 %
Net profit / assets
Equity ratio
42.4 %
Equity / assets
Debt ratio
57.6 %
Liabilities / assets
Current ratio
1.08
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 9 Apr 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 14 Oct 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 6 Nov 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

  • Sirje Piir
    Direct ownership · since 31 Oct 2018

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 74301Translation and interpretation activities Main

Rulings 4

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50100653 / 4
1 Sep 2023
 Amendment entry In force
1 Sep 2023
 PDF
Ä 50100653 / 3
2 Nov 2018
 Transformation entry In force
2 Nov 2018
 PDF
Ä 50100653 / 2
29 Oct 2018
 Amendment entry In force
29 Oct 2018
 PDF
Ä 50100653
22 Aug 2018
 First entry In force
22 Aug 2018
 PDF

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