Velovennad OÜ

Active Registry code 16860880 OÜ Tartu linn Registered 14 Nov 2023
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Velovennad OÜ is a OÜ based in Tartu linn, registry code 16860880, status: active. Main activity: Repair and maintenance of personal and household goods n.e.c.. Its annual report for 2025 shows revenue of €16 906 and 2 employees.

Turnover
—
State taxes
0 €
Labour taxes
208 €
↑ 29.2% vs Q2 2026
Employees
2
±0 vs Q2 2026

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

Position in the industry Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles · EMTAK 95

  • Labour taxes per employee 104 €
    industry median 1 157 € · companies in the industry: 1 989
  • Revenue · 2025 16 906 €
    industry median 31 021 € · companies in the industry: 3 445
  • Net profit margin · 2025 -1.6 %
    industry median 1.2 % · companies in the industry: 3 095

Taxes and turnover

Q4 2023 – Q3 2026
Labour taxes per employee, € Q3 2026: 104 € · +29.2% vs Q2 2026 · industry median 1 157 € · above 2% of the industry
02505007501 0001 250Q4 2023 Company: — Industry median: 883 €Q4·23Q1 2024 Company: — Industry median: 915 €Q2 2024 Company: 117 € Industry median: 1 002 €Q2·24Q3 2024 Company: 91 € Industry median: 1 002 €Q4 2024 Company: 49 € Industry median: 1 002 €Q4·24Q1 2025 Company: 63 € Industry median: 1 047 €Q2 2025 Company: 63 € Industry median: 1 106 €Q2·25Q3 2025 Company: 49 € Industry median: 1 126 €Q4 2025 Company: 92 € Industry median: 1 109 €Q4·25Q1 2026 Company: 89 € Industry median: 1 088 €Q2 2026 Company: 81 € Industry median: 1 110 €Q2·26Q3 2026 Company: 104 € Industry median: 1 157 €Q3·2602505007501 0001 250Q4 2024 Company: 49 € Industry median: 1 002 €Q1 2025 Company: 63 € Industry median: 1 047 €Q1·25Q2 2025 Company: 63 € Industry median: 1 106 €Q3 2025 Company: 49 € Industry median: 1 126 €Q3·25Q4 2025 Company: 92 € Industry median: 1 109 €Q1 2026 Company: 89 € Industry median: 1 088 €Q1·26Q2 2026 Company: 81 € Industry median: 1 110 €Q3 2026 Company: 104 € Industry median: 1 157 €Q3·26
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · +0.0% vs Q2 2026
0.00.51.01.52.0Q4 2023 Company: 2Q4·23Q1 2024 Company: 2Q2 2024 Company: 2Q2·24Q3 2024 Company: 2Q4 2024 Company: 2Q4·24Q1 2025 Company: 2Q2 2025 Company: 2Q2·25Q3 2025 Company: 2Q4 2025 Company: 2Q4·25Q1 2026 Company: 2Q2 2026 Company: 2Q2·26Q3 2026 Company: 2Q3·260.00.51.01.52.0Q4 2024 Company: 2Q1 2025 Company: 2Q1·25Q2 2025 Company: 2Q3 2025 Company: 2Q3·25Q4 2025 Company: 2Q1 2026 Company: 2Q1·26Q2 2026 Company: 2Q3 2026 Company: 2Q3·26
State taxes, € Q3 2026: 0 €
050100150200Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: 156 €Q2·24Q3 2024 Company: 78 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 0 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 74 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 0 €Q3·26020406080Q4 2024 Company: 0 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 0 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 74 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — — 208 2
Q2 2026 — — 161 2
Q1 2026 — — 177 2
Q4 2025 — 74 184 2
Q3 2025 — — 97 2
Q2 2025 — — 126 2
Q1 2025 — — 126 2
Q4 2024 — — 97 2
Q3 2024 — 78 182 2
Q2 2024 — 156 234 2
Q1 2024 — — — 2
Q4 2023 — — — 2
Labour taxes per employee per month
35 €

Q3 2026 · calculated from EMTA data

Financials by year

2024 – 2025
Revenue, € 2025: 16 906 € · −19.3% vs 2024 · industry median 31 021 € · above 35% of the industry
010 00020 00030 00040 0002024 Company: 20 945 € Industry median: 32 944 €20242025 Company: 16 906 € Industry median: 31 021 €2025010 00020 00030 00040 0002024 Company: 20 945 € Industry median: 32 944 €2025 Company: 16 906 € Industry median: 31 021 €2025
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -264 € · −112.7% vs 2024 · industry median 188 € · above 31% of the industry
-50005001 0001 5002 0002 5002024 Company: 2 084 € Industry median: 285 €20242025 Company: -264 € Industry median: 188 €2025-50005001 0001 5002 0002 5002024 Company: 2 084 € Industry median: 285 €2025 Company: -264 € Industry median: 188 €2025
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -1.6 % · −11.5 pp vs the year before · industry median 1.2 % · above 30% of the industry
-30358102024 Company: 9.9 % Industry median: 1.4 %20242025 Company: -1.6 % Industry median: 1.2 %2025-30358102024 Company: 9.9 % Industry median: 1.4 %2025 Company: -1.6 % Industry median: 1.2 %2025
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 3 134 € · −7.0% vs 2024
01 0002 0003 0004 0002024 Company: 3 369 €20242025 Company: 3 134 €202501 0002 0003 0004 0002024 Company: 3 369 €2025 Company: 3 134 €2025
Equity, € 2025: 1 835 € · −12.0% vs 2024
05001 0001 5002 0002 5002024 Company: 2 085 €20242025 Company: 1 835 €202505001 0001 5002 0002 5002024 Company: 2 085 €2025 Company: 1 835 €2025
Employees 2025: 2 · +0.0% vs 2024 · industry median 1 · above 55% of the industry
0.00.51.01.52.02024 Company: 2 Industry median: 120242025 Company: 2 Industry median: 120250.00.51.01.52.02024 Company: 2 Industry median: 12025 Company: 2 Industry median: 12025
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (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 16 906 -264 14 362 3 134 1 835 2
2024 20 945 2 084 12 086 3 369 2 085 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
-1.6 %
Net profit / revenue
Return on equity (ROE)
-14.4 %
Net profit / equity
Return on assets (ROA)
-8.4 %
Net profit / assets
Equity ratio
58.6 %
Equity / assets
Debt ratio
41.4 %
Liabilities / assets
Current ratio
2.41
Current assets / current liabilities
Revenue per employee
8 453 €
Revenue / average full-time employees
Labour cost per employee per month
598 €
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 28 Jun 2026 Company’s own e-Äriregister
2024 14 Nov 2023 – 31 Dec 2024 29 Jun 2025 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

  • Agmar Mägi
    Member of a senior management body (management or supervisory board) · since 14 Nov 2023
  • Aivar Mägi
    Member of a senior management body (management or supervisory board) · since 14 Nov 2023

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 95291Repair and maintenance of personal and household goods n.e.c. Main
Rulings
Number, date Title Deadline State Document
Ä 50241683
14 Nov 2023
First entry In force
14 Nov 2023
PDF

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