Verge Motorcycles OÜ

Active Registry code 16535648 OÜ Liivamäe küla Registered 14 Jul 2022
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Verge Motorcycles OÜ is a OÜ based in Liivamäe küla, registry code 16535648, status: active. Main activity: Manufacture of motor vehicles. According to EMTA, turnover for Q3 2026 was €266 820 with 13 employees.

Turnover
266 820 €
↓ 67.1% vs Q2 2026
State taxes
39 238 €
↓ 57.3% vs Q2 2026
Labour taxes
43 495 €
↓ 41.8% vs Q2 2026
Employees
13
+1 vs Q2 2026

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

Position in the industry Manufacture of motor vehicles, trailers and semi-trailers · EMTAK 29

  • Turnover · Q3 2026 266 820 €
    industry median 113 943 € · companies in the industry: 81
  • Labour taxes per employee 3 346 €
    industry median 2 706 € · companies in the industry: 67
  • Revenue · 2024 1 mn €
    industry median 125 887 € · companies in the industry: 107
  • Net profit margin · 2024 -1 023.1 %
    industry median 2.0 % · companies in the industry: 89

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 266 820 € · −67.1% vs Q2 2026 · industry median 113 943 € · above 58% of the industry
05001 0001 5002 000Q4 2023 Company: 742 977 € Industry median: 171 945 €Q4·23Q1 2024 Company: 1 747 322 € Industry median: 121 572 €Q2 2024 Company: 438 758 € Industry median: 148 238 €Q2·24Q3 2024 Company: 818 222 € Industry median: 185 241 €Q4 2024 Company: 740 878 € Industry median: 148 821 €Q4·24Q1 2025 Company: 922 273 € Industry median: 124 866 €Q2 2025 Company: 1 346 911 € Industry median: 133 860 €Q2·25Q3 2025 Company: 1 025 643 € Industry median: 128 260 €Q4 2025 Company: 873 774 € Industry median: 170 084 €Q4·25Q1 2026 Company: 1 252 150 € Industry median: 133 052 €Q2 2026 Company: 811 191 € Industry median: 144 140 €Q2·26Q3 2026 Company: 266 820 € Industry median: 113 943 €Q3·2605001 0001 500Q4 2024 Company: 740 878 € Industry median: 148 821 €Q1 2025 Company: 922 273 € Industry median: 124 866 €Q1·25Q2 2025 Company: 1 346 911 € Industry median: 133 860 €Q3 2025 Company: 1 025 643 € Industry median: 128 260 €Q3·25Q4 2025 Company: 873 774 € Industry median: 170 084 €Q1 2026 Company: 1 252 150 € Industry median: 133 052 €Q1·26Q2 2026 Company: 811 191 € Industry median: 144 140 €Q3 2026 Company: 266 820 € Industry median: 113 943 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of motor vehicles, trailers and semi-trailers (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 346 € · −46.2% vs Q2 2026 · industry median 2 706 € · above 60% of the industry
05 00010 00015 000Q4 2023 Company: 9 915 € Industry median: 2 362 €Q4·23Q1 2024 Company: 7 380 € Industry median: 2 213 €Q2 2024 Company: 8 018 € Industry median: 2 223 €Q2·24Q3 2024 Company: 9 311 € Industry median: 2 272 €Q4 2024 Company: 6 258 € Industry median: 2 034 €Q4·24Q1 2025 Company: 13 617 € Industry median: 2 421 €Q2 2025 Company: 8 568 € Industry median: 2 456 €Q2·25Q3 2025 Company: 14 291 € Industry median: 2 890 €Q4 2025 Company: 7 920 € Industry median: 2 717 €Q4·25Q1 2026 Company: 8 289 € Industry median: 2 352 €Q2 2026 Company: 6 223 € Industry median: 2 497 €Q2·26Q3 2026 Company: 3 346 € Industry median: 2 706 €Q3·2605 00010 00015 000Q4 2024 Company: 6 258 € Industry median: 2 034 €Q1 2025 Company: 13 617 € Industry median: 2 421 €Q1·25Q2 2025 Company: 8 568 € Industry median: 2 456 €Q3 2025 Company: 14 291 € Industry median: 2 890 €Q3·25Q4 2025 Company: 7 920 € Industry median: 2 717 €Q1 2026 Company: 8 289 € Industry median: 2 352 €Q1·26Q2 2026 Company: 6 223 € Industry median: 2 497 €Q3 2026 Company: 3 346 € Industry median: 2 706 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of motor vehicles, trailers and semi-trailers (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 13 · +8.3% vs Q2 2026
0102030Q4 2023 Company: 27Q4·23Q1 2024 Company: 30Q2 2024 Company: 29Q2·24Q3 2024 Company: 28Q4 2024 Company: 26Q4·24Q1 2025 Company: 25Q2 2025 Company: 25Q2·25Q3 2025 Company: 15Q4 2025 Company: 14Q4·25Q1 2026 Company: 13Q2 2026 Company: 12Q2·26Q3 2026 Company: 13Q3·260102030Q4 2024 Company: 26Q1 2025 Company: 25Q1·25Q2 2025 Company: 25Q3 2025 Company: 15Q3·25Q4 2025 Company: 14Q1 2026 Company: 13Q1·26Q2 2026 Company: 12Q3 2026 Company: 13Q3·26
State taxes, € thousand Q3 2026: 39 238 € · −57.3% vs Q2 2026
0100200300400Q4 2023 Company: 265 892 €Q4·23Q1 2024 Company: 217 277 €Q2 2024 Company: 225 387 €Q2·24Q3 2024 Company: 251 187 €Q4 2024 Company: 153 547 €Q4·24Q1 2025 Company: 329 057 €Q2 2025 Company: 208 905 €Q2·25Q3 2025 Company: 206 200 €Q4 2025 Company: 105 940 €Q4·25Q1 2026 Company: 107 060 €Q2 2026 Company: 91 856 €Q2·26Q3 2026 Company: 39 238 €Q3·260100200300400Q4 2024 Company: 153 547 €Q1 2025 Company: 329 057 €Q1·25Q2 2025 Company: 208 905 €Q3 2025 Company: 206 200 €Q3·25Q4 2025 Company: 105 940 €Q1 2026 Company: 107 060 €Q1·26Q2 2026 Company: 91 856 €Q3 2026 Company: 39 238 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 266 820 39 238 43 495 13
Q2 2026 811 191 91 856 74 671 12
Q1 2026 1 252 150 107 060 107 761 13
Q4 2025 873 774 105 940 110 879 14
Q3 2025 1 025 643 206 200 214 369 15
Q2 2025 1 346 911 208 905 214 208 25
Q1 2025 922 273 329 057 340 429 25
Q4 2024 740 878 153 547 162 715 26
Q3 2024 818 222 251 187 260 702 28
Q2 2024 438 758 225 387 232 526 29
Q1 2024 1 747 322 217 277 221 404 30
Q4 2023 742 977 265 892 267 692 27
Q3 2023 840 817 258 250 259 697 23
Q2 2023 1 684 521 151 250 154 449 23
Q1 2023 977 843 138 178 144 064 15
Q4 2022 208 544 — — 8
Q3 2022 — — — —
Labour taxes per employee per month
1 115 €
Turnover per employee in the quarter
20 525 €

Q3 2026 · calculated from EMTA data

Financials by year

2022 – 2024
Revenue, € thousand 2024: 1 048 163 € · +973.8% vs 2023 · industry median 125 887 € · above 68% of the industry
02505007501 0001 2502022 Company: — Industry median: 98 420 €20222023 Company: 97 616 € Industry median: 93 000 €20232024 Company: 1 048 163 € Industry median: 125 887 €202402505007501 0001 2502022 Company: — Industry median: 98 420 €20222023 Company: 97 616 € Industry median: 93 000 €2024 Company: 1 048 163 € Industry median: 125 887 €2024
  • Company
  • Industry median

Industry: Manufacture of motor vehicles, trailers and semi-trailers (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2024: -10 723 672 € · −19.5% vs 2023 · industry median 295 € · above 2% of the industry
-12 500-10 000-7 500-5 000-2 50002 5002022 Company: -820 968 € Industry median: 1 106 €20222023 Company: -8 974 181 € Industry median: 1 €20232024 Company: -10 723 672 € Industry median: 295 €2024-12 500-10 000-7 500-5 000-2 50002 5002022 Company: -820 968 € Industry median: 1 106 €20222023 Company: -8 974 181 € Industry median: 1 €2024 Company: -10 723 672 € Industry median: 295 €2024
  • Company
  • Industry median

Industry: Manufacture of motor vehicles, trailers and semi-trailers (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2024: -1 023.1 % · +8 170.3 pp vs the year before · industry median 2.0 % · above 2% of the industry
-10 000-8 000-6 000-4 000-2 00002 0002022 Company: — Industry median: 3.5 %20222023 Company: -9 193.4 % Industry median: 2.6 %20232024 Company: -1 023.1 % Industry median: 2.0 %2024-10 000-8 000-6 000-4 000-2 00002 0002022 Company: — Industry median: 3.5 %20222023 Company: -9 193.4 % Industry median: 2.6 %2024 Company: -1 023.1 % Industry median: 2.0 %2024
  • Company
  • Industry median

Industry: Manufacture of motor vehicles, trailers and semi-trailers (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2024: 7 038 480 € · +27.3% vs 2023
02 0004 0006 0008 0002022 Company: 4 682 511 €20222023 Company: 5 530 767 €20232024 Company: 7 038 480 €202402 0004 0006 0008 0002022 Company: 4 682 511 €20222023 Company: 5 530 767 €2024 Company: 7 038 480 €2024
Equity, € thousand 2024: 1 884 615 € · −11.1% vs 2023
05001 0001 5002 0002 5002022 Company: 2 379 032 €20222023 Company: 2 118 951 €20232024 Company: 1 884 615 €202405001 0001 5002 0002 5002022 Company: 2 379 032 €20222023 Company: 2 118 951 €2024 Company: 1 884 615 €2024
Employees 2024: 34 · +6.3% vs 2023 · industry median 11 · above 77% of the industry
0102030402022 Company: 6 Industry median: 720222023 Company: 32 Industry median: 1120232024 Company: 34 Industry median: 1120240102030402022 Company: 6 Industry median: 720222023 Company: 32 Industry median: 112024 Company: 34 Industry median: 112024
  • Company
  • Industry median

Industry: Manufacture of motor vehicles, trailers and semi-trailers (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
2024 1 048 163 -10 723 672 1 663 095 7 038 480 1 884 615 34
2023 97 616 -8 974 181 1 254 805 5 530 767 2 118 951 32
2022 — -820 968 105 129 4 682 511 2 379 032 6

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
-1 023.1 %
Net profit / revenue
Return on equity (ROE)
-569.0 %
Net profit / equity
Return on assets (ROA)
-152.4 %
Net profit / assets
Equity ratio
26.8 %
Equity / assets
Debt ratio
73.2 %
Liabilities / assets
Current ratio
0.75
Current assets / current liabilities
Revenue per employee
30 828 €
Revenue / average full-time employees
Labour cost per employee per month
4 076 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 22 Aug 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 10 Jun 2025 Company’s own · audited e-Äriregister
2022 14 Jul 2022 – 31 Dec 2022 11 Apr 2025 Company’s own · audited e-Äriregister

Board

Right of representation

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

Any procurator may represent the private limited company in all legal acts related to its business. A procurator may transfer or encumber immovable property only if that right is entered on the registry card.

Owners

  • Verge Motorcycles Oy
    Legal person · 2 500 €

Beneficial owners

  • Tuomo Petteri Lehtimäki
    Member of a senior management body (management or supervisory board) · MCO · since 14 Feb 2023

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 29101Manufacture of motor vehicles Main
Rulings
Number, date Title Deadline State Document
Ä 50206701 / 13
17 Oct 2025
Amendment entry In force
17 Oct 2025
PDF
Ä 50206701 / 12
3 Oct 2025
Amendment entry In force
3 Oct 2025
PDF
Ä 50206701 / 11
27 Aug 2025
Division entry (second, constitutive) In force
27 Aug 2025
PDF
Ä 50206701 / M4
11 Aug 2025
Ruling to eliminate deficiencies 2 Sep 2025 Deficiencies eliminated
27 Aug 2025
PDF
Ä 50206701 / 10
1 Aug 2025
Amendment entry In force
1 Aug 2025
PDF
Ä 50206701 / 9
15 Nov 2024
Amendment entry In force
15 Nov 2024
PDF
Ä 50206701 / M3
2 Sep 2024
Fine for not filing the report 17 Sep 2024 In force
18 Sep 2024
PDF
Ä 50206701 / M2
19 Jul 2024
Warning of a fine: annual report not filed 18 Aug 2024 In force
19 Jul 2024
PDF
Ä 50206701 / 8
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50206701 / 7
1 Jun 2023
Amendment entry In force
1 Jun 2023
PDF
Ä 50206701 / 6
21 Mar 2023
Amendment entry In force
21 Mar 2023
PDF
Ä 50206701 / 5
8 Feb 2023
Amendment entry In force
8 Feb 2023
PDF
Ä 50206701 / 4
15 Dec 2022
Amendment entry In force
15 Dec 2022
PDF
Ä 50206701 / M1
27 Oct 2022
Ruling to eliminate deficiencies 3 Nov 2022 Deficiencies eliminated
27 Oct 2022
PDF
Ä 50206701 / 3
27 Oct 2022
Amendment entry In force
27 Oct 2022
PDF
Ä 50206701 / 2
2 Sep 2022
Amendment entry In force
2 Sep 2022
PDF
Ä 50206701
14 Jul 2022
First entry In force
14 Jul 2022
PDF

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