Araxes OÜ
Active Registry code 14694153
OÜ Tallinn Registered 1 Apr 2019
Araxes OÜ is a OÜ based in Tallinn, registry code 14694153, status: active. Main activity: Retail sale of beverages. According to EMTA, turnover for Q3 2026 was €11 201 293 with 259 employees.
Turnover
11 201 293 €
↑ 2.0% vs Q2 2026
State taxes
928 413 €
↑ 23.4% vs Q2 2026
Labour taxes
413 874 €
↑ 10.9% vs Q2 2026
Employees
259
−9 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 11.2 mn €above 98% of companiesindustry median 23 652 € · companies in the industry: 7 652
- Labour taxes per employee 1 598 €above 66% of companiesindustry median 1 201 € · companies in the industry: 4 663
- Revenue · 2025 43.5 mn €above 98% of companiesindustry median 16 974 € · companies in the industry: 13 500
- Net profit margin · 2025 -0.4 %above 34% of companiesindustry median 1.3 % · companies in the industry: 9 480
Taxes and turnover
- Company
- Industry median
Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 11 201 293 | 928 413 | 413 874 | 259 |
| Q2 2026 | 10 986 716 | 752 254 | 373 214 | 268 |
| Q1 2026 | 10 976 889 | 830 755 | 383 714 | 248 |
| Q4 2025 | 10 819 226 | 551 313 | 375 474 | 251 |
| Q3 2025 | 11 251 738 | 540 768 | 378 272 | 251 |
| Q2 2025 | 10 577 165 | 573 924 | 367 633 | 250 |
| Q1 2025 | 10 641 474 | 656 185 | 349 661 | 245 |
| Q4 2024 | 8 943 030 | 373 626 | 293 247 | 248 |
| Q3 2024 | 9 170 458 | 503 222 | 292 975 | 233 |
| Q2 2024 | 8 925 633 | 480 704 | 265 233 | 234 |
| Q1 2024 | 8 749 448 | 530 622 | 247 034 | 220 |
| Q4 2023 | 8 471 576 | 379 694 | 255 160 | 221 |
| Q3 2023 | 8 749 606 | 399 444 | 257 560 | 217 |
| Q2 2023 | 8 521 343 | 350 301 | 208 361 | 220 |
| Q1 2023 | 8 140 470 | 361 698 | 207 286 | 199 |
| Q4 2022 | 7 795 431 | 323 503 | 204 301 | 195 |
| Q3 2022 | 8 175 863 | 314 328 | 205 558 | 197 |
| Q2 2022 | 7 812 289 | 275 715 | 171 765 | 198 |
| Q1 2022 | 7 220 625 | 352 068 | 179 816 | 183 |
Labour taxes per employee per month
533 €
Turnover per employee in the quarter
43 248 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 43 527 179 | -189 907 | 4 002 096 | 13 602 424 | 2 603 756 | 227 |
| 2024 | 36 323 779 | 235 005 | 3 135 153 | 10 622 077 | 2 793 663 | 225 |
| 2023 | 34 223 786 | 898 709 | 2 567 923 | 8 350 035 | 2 663 957 | 195 |
| 2022 | 31 264 401 | 696 826 | 2 162 748 | 6 550 753 | 1 902 348 | 181 |
| 2021 | 29 051 346 | 548 452 | 1 866 235 | 5 825 800 | 1 265 522 | 179 |
| 2020 | 21 220 109 | -108 163 | 1 385 011 | 4 397 732 | 747 070 | 172 |
| 2019 | 11 168 789 | 321 417 | 724 002 | 3 409 246 | 855 233 | 126 |
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
-0.4 %
Net profit / revenue
Return on equity (ROE)
-7.3 %
Net profit / equity
Return on assets (ROA)
-1.4 %
Net profit / assets
Equity ratio
19.1 %
Equity / assets
Debt ratio
80.9 %
Liabilities / assets
Current ratio
1.02
Current assets / current liabilities
Revenue per employee
191 754 €
Revenue / average full-time employees
Labour cost per employee per month
1 469 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 29 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 17 Jul 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 25 Jul 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 12 Oct 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 29 Nov 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 28 Jun 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Apr 2019 – 31 Dec 2019 | 26 Jun 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 2 | 1 500 000 € | Swedbank AS | 28 Nov 2025 – in force |
| 1 | 535 000 € | Swedbank AS | 3 Jul 2019 – in force |
Board
- Hovakim AzarumyanBoard member · since 15 Jun 2020
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Hovakim AzarumyanNatural person · 15 500 €
Beneficial owners
- Hovakim AzarumyanDirect ownership · since 12 Jun 2020
Founders and other persons
- Ovakim AzarumjanFounder · 2 500 € · 31 Mar 2019
- Esko Audiitoribüroo OÜAudit firm · 28 Jun 2021
Related companies
Activities (EMTAK)
- 47251Retail sale of beverages Main
- 47261Retail sale of tobacco products
- 49411Freight transport by road
- 68201Rental and operating of own or leased real estate
- 69202Bookkeeping, tax consulting
- 73111Activities of advertising agencies
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50116404 / 8 14 Jul 2026 |
Amendment entry | In force 14 Jul 2026 |
||
| K 50116404 / 7 28 Nov 2025 |
Commercial pledge entered | In force 28 Nov 2025 |
||
| Ä 50116404 / 6 2 Sep 2023 |
Amendment entry | In force 2 Sep 2023 |
||
| Ä 50116404 / 5 15 Jun 2020 |
Amendment entry | In force 15 Jun 2020 |
||
| Ä 50116404 / M2 11 Dec 2019 |
Refund of the state fee | In force 11 Dec 2019 |
||
| Ä 50116404 / 4 13 Aug 2019 |
Third (informative) division entry | In force 13 Aug 2019 |
||
| Ä 50116404 / 3 13 Aug 2019 |
First (declaratory) division entry | In force 13 Aug 2019 |
||
| Ä 50116404 / M1 29 Jul 2019 |
Ruling to eliminate deficiencies | 18 Aug 2019 | Deficiencies eliminated 13 Aug 2019 |
|
| K 50116404 / 2 3 Jul 2019 |
Commercial pledge entered | In force 3 Jul 2019 |
||
| Ä 50116404 1 Apr 2019 |
First entry | In force 1 Apr 2019 |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data