Velstand Solutions OÜ

Active Registry code 16521497 OÜ Tallinn Registered 17 Jun 2022
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Velstand Solutions OÜ is a OÜ based in Tallinn, registry code 16521497, status: active. Main activity: Retail sale of medical and orthopaedic goods in specialised stores. Its annual report for 2023 shows revenue of €63 032 and 2 employees.

Turnover
—
State taxes
2 €
Labour taxes
0 €
Employees
—

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

Position in the industry Retail trade · EMTAK 47

  • Revenue · 2023 63 032 €
    industry median 20 218 € · companies in the industry: 13 609
  • Net profit margin · 2023 -65.1 %
    industry median 2.2 % · companies in the industry: 9 771

Taxes and turnover

Q2 2023 – Q3 2026
Turnover, € Q4 2025: 0 € · industry median 23 532 € · above 2% of the industry
020 00040 00060 00080 000Q2 2023 Company: 63 663 € Industry median: 29 408 €Q2·23Q3 2023 Company: 25 164 € Industry median: 29 073 €Q4 2023 Company: 12 126 € Industry median: 26 822 €Q4·23Q1 2024 Company: 10 027 € Industry median: 23 246 €Q2 2024 Company: 14 966 € Industry median: 26 103 €Q2·24Q3 2024 Company: 49 815 € Industry median: 24 905 €Q4 2024 Company: 5 178 € Industry median: 25 283 €Q4·24Q1 2025 Company: 18 988 € Industry median: 21 556 €Q2 2025 Company: 35 555 € Industry median: 24 404 €Q2·25Q3 2025 Company: 0 € Industry median: 24 441 €Q4 2025 Company: 0 € Industry median: 23 532 €Q4·25Q3 2026 Company: — Industry median: 23 652 €Q3·26010 00020 00030 00040 00050 000Q2 2024 Company: 14 966 € Industry median: 26 103 €Q3 2024 Company: 49 815 € Industry median: 24 905 €Q3·24Q4 2024 Company: 5 178 € Industry median: 25 283 €Q1 2025 Company: 18 988 € Industry median: 21 556 €Q1·25Q2 2025 Company: 35 555 € Industry median: 24 404 €Q3 2025 Company: 0 € Industry median: 24 441 €Q3·25Q4 2025 Company: 0 € Industry median: 23 532 €Q3 2026 Company: — Industry median: 23 652 €Q3·26
  • Company
  • Industry median

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

State taxes, € Q3 2026: 2 €
02 0004 0006 0008 000Q2 2023 Company: 7 557 €Q2·23Q3 2023 Company: 6 922 €Q4 2023 Company: 810 €Q4·23Q1 2024 Company: 1 048 €Q2 2024 Company: 1 645 €Q2·24Q3 2024 Company: 5 992 €Q4 2024 Company: 1 382 €Q4·24Q1 2025 Company: 250 €Q2 2025 Company: 563 €Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q3 2026 Company: 2 €Q3·2602 0004 0006 000Q2 2024 Company: 1 645 €Q3 2024 Company: 5 992 €Q3·24Q4 2024 Company: 1 382 €Q1 2025 Company: 250 €Q1·25Q2 2025 Company: 563 €Q3 2025 Company: —Q3·25Q4 2025 Company: —Q3 2026 Company: 2 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 2 — —
Q4 2025 — — — —
Q3 2025 — — — —
Q2 2025 35 555 563 — —
Q1 2025 18 988 250 — —
Q4 2024 5 178 1 382 — —
Q3 2024 49 815 5 992 — —
Q2 2024 14 966 1 645 — —
Q1 2024 10 027 1 048 — —
Q4 2023 12 126 810 — —
Q3 2023 25 164 6 922 4 662 —
Q2 2023 63 663 7 557 7 634 —
Q1 2023 12 068 8 009 8 171 4
Q4 2022 14 349 3 982 4 210 2
Q3 2022 9 735 1 405 526 3
Q2 2022 — — — 1

Financials by year

2022 – 2023
Revenue, € 2023: 63 032 € · −17.1% vs 2022 · industry median 20 218 € · above 67% of the industry
020 00040 00060 00080 0002022 Company: 76 033 € Industry median: 22 891 €20222023 Company: 63 032 € Industry median: 20 218 €2023020 00040 00060 00080 0002022 Company: 76 033 € Industry median: 22 891 €2023 Company: 63 032 € Industry median: 20 218 €2023
  • Company
  • Industry median

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

Net profit, € 2023: -41 018 € · −357.0% vs 2022 · industry median 20 € · above 2% of the industry
-50 000-40 000-30 000-20 000-10 000010 0002022 Company: -8 975 € Industry median: 96 €20222023 Company: -41 018 € Industry median: 20 €2023-50 000-40 000-30 000-20 000-10 000010 0002022 Company: -8 975 € Industry median: 96 €2023 Company: -41 018 € Industry median: 20 €2023
  • Company
  • Industry median

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

Net profit margin, % 2023: -65.1 % · −53.3 pp vs the year before · industry median 2.2 % · above 2% of the industry
-80-60-40-200202022 Company: -11.8 % Industry median: 2.8 %20222023 Company: -65.1 % Industry median: 2.2 %2023-80-60-40-200202022 Company: -11.8 % Industry median: 2.8 %2023 Company: -65.1 % Industry median: 2.2 %2023
  • Company
  • Industry median

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

Assets, € 2023: 57 544 € · +641.1% vs 2022
020 00040 00060 0002022 Company: 7 765 €20222023 Company: 57 544 €2023020 00040 00060 0002022 Company: 7 765 €2023 Company: 57 544 €2023
Equity, € 2023: 1 496 € · +13.2% vs 2022
05001 0001 5002022 Company: 1 321 €20222023 Company: 1 496 €202305001 0001 5002022 Company: 1 321 €2023 Company: 1 496 €2023
Employees 2023: 2 · +100.0% vs 2022 · industry median 2 · above 50% of the industry
0.00.51.01.52.02022 Company: 1 Industry median: 220222023 Company: 2 Industry median: 220230.00.51.01.52.02022 Company: 1 Industry median: 22023 Company: 2 Industry median: 22023
  • Company
  • Industry median

Industry: Retail 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, € Employees
2023 63 032 -41 018 41 478 57 544 1 496 2
2022 76 033 -8 975 23 572 7 765 1 321 1

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

Financial ratios for 2023

Net profit margin
-65.1 %
Net profit / revenue
Return on equity (ROE)
-2 741.8 %
Net profit / equity
Return on assets (ROA)
-71.3 %
Net profit / assets
Equity ratio
2.6 %
Equity / assets
Debt ratio
97.4 %
Liabilities / assets
Current ratio
1.03
Current assets / current liabilities
Revenue per employee
31 516 €
Revenue / average full-time employees
Labour cost per employee per month
1 728 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2023 1 Jan 2023 – 31 Dec 2023 21 Jun 2024 Company’s own e-Äriregister
2022 17 Jun 2022 – 31 Dec 2022 29 May 2023 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)

  • 47741Retail sale of medical and orthopaedic goods in specialised stores Main
Rulings
Number, date Title Deadline State Document
Ä 50205085 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50205085
17 Jun 2022
First entry In force
17 Jun 2022
PDF
Ä 50205085 / M1
16 Jun 2022
Ruling to eliminate deficiencies 16 Jul 2022 Deficiencies eliminated
16 Jun 2022
PDF

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