CVF Investment Advisor OÜ

Active Registry code 14621409 OÜ Tallinn Registered 6 Dec 2018
Compare

CVF Investment Advisor OÜ is a OÜ based in Tallinn, registry code 14621409, status: active. Main activity: Other financial service activities, except insurance and pension funding n.e.c.. According to EMTA, turnover for Q3 2026 was €11 923 with employees.

Turnover
11 923 €
↓ 46.4% vs Q2 2026
State taxes
3 573 €
↓ 37.7% vs Q2 2026
Labour taxes
1 465 €
↓ 12.3% vs Q2 2026
Employees
—

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

Position in the industry Financial service activities, except insurance and pension funding · EMTAK 64

  • Turnover · Q3 2026 11 923 €
    industry median 13 555 € · companies in the industry: 547
  • Revenue · 2025 100 000 €
    industry median 0 € · companies in the industry: 3 672
  • Net profit margin · 2025 -46.8 %
    industry median 34.4 % · companies in the industry: 770

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 11 923 € · −46.4% vs Q2 2026 · industry median 13 555 € · above 47% of the industry
020 00040 00060 00080 000Q4 2023 Company: 71 193 € Industry median: 14 078 €Q4·23Q1 2024 Company: 75 743 € Industry median: 17 274 €Q2 2024 Company: 74 068 € Industry median: 13 884 €Q2·24Q3 2024 Company: 51 648 € Industry median: 13 160 €Q4 2024 Company: 56 564 € Industry median: 15 008 €Q4·24Q1 2025 Company: 46 881 € Industry median: 16 276 €Q2 2025 Company: 57 420 € Industry median: 16 066 €Q2·25Q3 2025 Company: 49 362 € Industry median: 12 383 €Q4 2025 Company: 46 213 € Industry median: 15 000 €Q4·25Q1 2026 Company: 1 395 € Industry median: 16 305 €Q2 2026 Company: 22 265 € Industry median: 14 161 €Q2·26Q3 2026 Company: 11 923 € Industry median: 13 555 €Q3·26020 00040 00060 000Q4 2024 Company: 56 564 € Industry median: 15 008 €Q1 2025 Company: 46 881 € Industry median: 16 276 €Q1·25Q2 2025 Company: 57 420 € Industry median: 16 066 €Q3 2025 Company: 49 362 € Industry median: 12 383 €Q3·25Q4 2025 Company: 46 213 € Industry median: 15 000 €Q1 2026 Company: 1 395 € Industry median: 16 305 €Q1·26Q2 2026 Company: 22 265 € Industry median: 14 161 €Q3 2026 Company: 11 923 € Industry median: 13 555 €Q3·26
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 3 573 € · −37.7% vs Q2 2026
05 00010 00015 000Q4 2023 Company: 12 142 €Q4·23Q1 2024 Company: 12 155 €Q2 2024 Company: 12 881 €Q2·24Q3 2024 Company: 12 686 €Q4 2024 Company: 6 710 €Q4·24Q1 2025 Company: 6 735 €Q2 2025 Company: 6 537 €Q2·25Q3 2025 Company: 7 197 €Q4 2025 Company: 7 153 €Q4·25Q1 2026 Company: 1 318 €Q2 2026 Company: 5 736 €Q2·26Q3 2026 Company: 3 573 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 6 710 €Q1 2025 Company: 6 735 €Q1·25Q2 2025 Company: 6 537 €Q3 2025 Company: 7 197 €Q3·25Q4 2025 Company: 7 153 €Q1 2026 Company: 1 318 €Q1·26Q2 2026 Company: 5 736 €Q3 2026 Company: 3 573 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 11 923 3 573 1 465 —
Q2 2026 22 265 5 736 1 670 —
Q1 2026 1 395 1 318 1 465 —
Q4 2025 46 213 7 153 1 465 —
Q3 2025 49 362 7 197 1 493 —
Q2 2025 57 420 6 537 1 465 —
Q1 2025 46 881 6 735 1 405 —
Q4 2024 56 564 6 710 1 671 —
Q3 2024 51 648 12 686 2 507 —
Q2 2024 74 068 12 881 2 507 —
Q1 2024 75 743 12 155 1 732 —
Q4 2023 71 193 12 142 2 949 —
Q3 2023 71 684 11 663 2 508 —
Q2 2023 72 463 10 939 2 507 —
Q1 2023 142 381 12 070 2 531 —
Q4 2022 92 609 11 966 2 508 —
Q3 2022 93 561 11 876 2 507 —
Q2 2022 53 879 14 634 3 030 —
Q1 2022 72 561 19 515 2 507 —

Financials by year

2019 – 2025
Revenue, € thousand 2025: 100 000 € · −42.9% vs 2024 · industry median 0 € · above 94% of the industry
0501001502002502019 Company: 39 500 € Industry median: 0 €20192020 Company: 249 000 € Industry median: 0 €20202021 Company: 210 000 € Industry median: 0 €20212022 Company: 200 000 € Industry median: 0 €20222023 Company: 200 000 € Industry median: 0 €20232024 Company: 175 000 € Industry median: 0 €20242025 Company: 100 000 € Industry median: 0 €20250501001502002502019 Company: 39 500 € Industry median: 0 €20192020 Company: 249 000 € Industry median: 0 €2021 Company: 210 000 € Industry median: 0 €20212022 Company: 200 000 € Industry median: 0 €2023 Company: 200 000 € Industry median: 0 €20232024 Company: 175 000 € Industry median: 0 €2025 Company: 100 000 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -46 778 € · +42.7% vs 2024 · industry median 0 € · above 7% of the industry
-200-10001002019 Company: 30 352 € Industry median: 0 €20192020 Company: 74 438 € Industry median: 0 €20202021 Company: 92 599 € Industry median: 0 €20212022 Company: 98 473 € Industry median: 0 €20222023 Company: -195 940 € Industry median: 0 €20232024 Company: -81 708 € Industry median: 0 €20242025 Company: -46 778 € Industry median: 0 €2025-200-10001002019 Company: 30 352 € Industry median: 0 €20192020 Company: 74 438 € Industry median: 0 €2021 Company: 92 599 € Industry median: 0 €20212022 Company: 98 473 € Industry median: 0 €2023 Company: -195 940 € Industry median: 0 €20232024 Company: -81 708 € Industry median: 0 €2025 Company: -46 778 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -46.8 % · −0.1 pp vs the year before · industry median 34.4 % · above 14% of the industry
-100-500501002019 Company: 76.8 % Industry median: 39.3 %20192020 Company: 29.9 % Industry median: 42.1 %20202021 Company: 44.1 % Industry median: 45.0 %20212022 Company: 49.2 % Industry median: 26.3 %20222023 Company: -98.0 % Industry median: 41.1 %20232024 Company: -46.7 % Industry median: 35.8 %20242025 Company: -46.8 % Industry median: 34.4 %2025-100-500501002019 Company: 76.8 % Industry median: 39.3 %20192020 Company: 29.9 % Industry median: 42.1 %2021 Company: 44.1 % Industry median: 45.0 %20212022 Company: 49.2 % Industry median: 26.3 %2023 Company: -98.0 % Industry median: 41.1 %20232024 Company: -46.7 % Industry median: 35.8 %2025 Company: -46.8 % Industry median: 34.4 %2025
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 987 604 € · +14.5% vs 2024
02004006008001 0002019 Company: 88 011 €20192020 Company: 178 211 €20202021 Company: 590 322 €20212022 Company: 969 278 €20222023 Company: 919 300 €20232024 Company: 862 817 €20242025 Company: 987 604 €202502004006008001 0002019 Company: 88 011 €20192020 Company: 178 211 €2021 Company: 590 322 €20212022 Company: 969 278 €2023 Company: 919 300 €20232024 Company: 862 817 €2025 Company: 987 604 €2025
Equity, € thousand 2025: 23 883 € · +15.6% vs 2024
01002003002019 Company: 32 852 €20192020 Company: 107 290 €20202021 Company: 199 889 €20212022 Company: 298 362 €20222023 Company: 102 370 €20232024 Company: 20 661 €20242025 Company: 23 883 €202501002003002019 Company: 32 852 €20192020 Company: 107 290 €2021 Company: 199 889 €20212022 Company: 298 362 €2023 Company: 102 370 €20232024 Company: 20 661 €2025 Company: 23 883 €2025
Employees 2025: 1 · −50.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.51.01.52.02019 Company: 2 Industry median: 120192020 Company: 2 Industry median: 120202021 Company: 2 Industry median: 120212022 Company: 2 Industry median: 120222023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 120242025 Company: 1 Industry median: 120250.00.51.01.52.02019 Company: 2 Industry median: 120192020 Company: 2 Industry median: 12021 Company: 2 Industry median: 120212022 Company: 2 Industry median: 12023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 12025 Company: 1 Industry median: 12025
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (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 100 000 -46 778 13 994 987 604 23 883 1
2024 175 000 -81 708 20 436 862 817 20 661 2
2023 200 000 -195 940 23 869 919 300 102 370 2
2022 200 000 98 473 28 614 969 278 298 362 2
2021 210 000 92 599 24 428 590 322 199 889 2
2020 249 000 74 438 24 429 178 211 107 290 2
2019 39 500 30 352 6 107 88 011 32 852 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
-46.8 %
Net profit / revenue
Return on equity (ROE)
-195.9 %
Net profit / equity
Return on assets (ROA)
-4.7 %
Net profit / assets
Equity ratio
2.4 %
Equity / assets
Debt ratio
97.6 %
Liabilities / assets
Current ratio
24.30
Current assets / current liabilities
Revenue per employee
100 000 €
Revenue / average full-time employees
Labour cost per employee per month
1 166 €
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 30 Jun 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 29 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 28 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 1 Nov 2021 Company’s own e-Äriregister
2019 6 Dec 2018 – 31 Dec 2019 30 Jun 2021 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

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 64991Other financial service activities, except insurance and pension funding n.e.c. Main
Rulings
Number, date Title Deadline State Document
Ä 50108562 / 6
4 Nov 2024
Amendment under Code of Civil Procedure § 595¹ (1) In force
4 Nov 2024
PDF
Ä 50108562 / 5
30 Sep 2024
Amendment entry In force
30 Sep 2024
PDF
Ä 50108562 / 4
24 Oct 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
24 Oct 2023
PDF
Ä 50108562 / 3
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50108562 / 2
31 Dec 2018
Amendment entry In force
31 Dec 2018
PDF
Ä 50108562
6 Dec 2018
First entry In force
6 Dec 2018
PDF

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