ETENRU

Aktsiaselts Vestman Energia

RegisteredViljandi County
Registry code
10899600
VAT number
EE100808791
Address
Viljandi maakond, Viljandi linn, Tartu tn 4a, 71001
Registered
19.12.2002 · 23 yrs
Activity
Activities of head offices 70101
Additional activities
Accounting, bookkeeping and auditing activities; tax consultancy, Büroohaldus ja selle abitegevused, Rental and operating of own or leased real estate
Capital
165 245 €
Email
h•••@v•••.eeLog in to see
Phone
+372 •• ••••Log in to see
Website
www.vestman.ee
LEI
485100E1O7TMW1IWPX11 ISSUED
Business Register 08.10.2026
Sales revenue170 k €+1%2025 annual report
Profit1,7 m €2025 annual report
Employees7Tax Board 2026 Q2
Average gross salary2 877 €estimate, Tax Board 2026 Q2
Labour taxes per quarter30 811 €Tax Board 2026 Q2
Cash23 117 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 08.10.2026
Revenue 12 months339 k €+18%Tax Board, last 4 quarters
State taxes 12 months175 k €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 79 572 €
62 k69 k78 k78 k80 k89 k91 k80 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AA
Very good, low risk
82 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 08.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingAA → A → AA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 18% vs a year earlier
Email right away on tax debt, bankruptcy or board change
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Data

Board and owners

2 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 1
Aivar Berzin1 companyno tax debtPersonal ID ↗17.03.2011
Other persons 1
Nasdaq CSD SE1983 companies138 with tax debt40 bankruptShare register keeperPersonal ID ↗28.09.2017
Beneficial owners 1
Aivar Berzin1 companyno tax debtdirect holding04.09.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue60,8%
Labour taxes / revenue38,7%
Revenue per employee per month3 789 €
Gross salary (estimate)2 877 €
Net salary (estimate)2 317 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q279 572 €▲ 2%30 811 €48 346 €7
2026 Q191 107 €▲ 17%42 947 €53 068 €8
2025 Q488 717 €▲ 29%28 814 €31 051 €9
2025 Q380 059 €▲ 28%32 393 €42 443 €8
2025 Q278 114 €▲ 6%28 137 €26 838 €8
2025 Q178 005 €▲ 9%35 196 €35 206 €8
2024 Q468 655 €▲ 1%25 506 €3 922 €8
2024 Q362 362 €▼ 11%31 150 €0 €8
2024 Q274 026 €▼ 4%37 179 €80 706 €8
2024 Q171 390 €▲ 10%39 769 €78 984 €8
2023 Q467 764 €▲ 7%27 472 €65 059 €9
2023 Q370 054 €▲ 17%32 874 €82 456 €9
Show full history (18 quarters)
2023 Q276 820 €▼ 27%29 060 €53 640 €9
2023 Q164 634 €▼ 43%45 543 €61 239 €9
2022 Q463 152 €31 640 €37 627 €9
2022 Q360 065 €29 087 €37 667 €10
2022 Q2104 926 €23 849 €35 888 €10
2022 Q1113 418 €46 953 €58 470 €10

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue170 k €▲ 1%168 k €▼ 8%182 k €▼ 33%271 k €▲ 3%263 k €
Profit1,7 m €▲ 371%353 k €▼ 11%395 k €▼ 17%474 k €▼ 42%818 k €
Profit margin978,5%210,5%217,3%174,7%311,3%
Retained earnings18,9 m €▼ 2%19,4 m €▼ 3%19,9 m €▼ 2%20,3 m €▲ 2%19,9 m €
Cash23 117 €▲ 102%11 425 €▼ 54%24 656 €▲ 114%11 535 €▼ 75%46 640 €
Current assets2,0 m €▼ 73%7,3 m €▼ 6%7,8 m €▼ 12%8,9 m €▲ 83%4,9 m €
Fixed assets35,1 m €▲ 25%28,2 m €▲ 9%25,8 m €▲ 10%23,4 m €▼ 9%25,7 m €
Assets37,1 m €▲ 4%35,5 m €▲ 6%33,6 m €▲ 4%32,3 m €▲ 6%30,6 m €
Current liabilities11,2 m €▼ 28%15,6 m €▲ 19%13,1 m €▲ 16%11,4 m €▲ 197%3,8 m €
Long-term liabilities5,1 m €——0 €▼ 100%5,8 m €
Total liabilities16,3 m €▲ 4%15,6 m €▲ 19%13,1 m €▲ 16%11,4 m €▲ 18%9,6 m €
Equity20,8 m €▲ 4%19,9 m €▼ 3%20,5 m €▼ 2%21,0 m €0%20,9 m €
Labour costs-293 k €▼ 6%-275 k €▲ 1%-278 k €▼ 10%-253 k €▲ 16%-300 k €
Employees27▲ 4%26▼ 24%34▼ 3%35▼ 3%36
Filed30.06.202630.06.202528.06.202430.06.202330.06.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Activities of head offices main activity7010173 376 €43%
Accounting, bookkeeping and auditing activities; tax consultancy6920250 694 €30%
Büroohaldus ja selle abitegevused8210128 152 €17%
Rental and operating of own or leased real estate6820117 675 €10%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

Loading properties…

Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 08.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

none

No transactions with state agencies, procurement contracts or grants found

RTK Saldo, Riigihangete register, RTK toetatud projektid

Holdings in other companies

14
CompanyCodeHoldingSinceRevenue
Piibeleht Mets OÜ1706692570,0%11.09.20242,0 m €
OÜ Piibeleht Arendus1008622150,0%16.08.20231,7 m €
Spacedrip OÜ160643381,27%27.12.20231,2 m €
Waybiller OÜ142000102,96%25.09.2024682 k €
Eziil Production Intelligence OÜ129689651,05%08.07.2024647 k €
Vestman Solar OÜ1481921263,0%16.08.2023219 k €
Rexplorer OÜ149736632,27%26.01.2024150 k €
Põllumaahalduse OÜ16949054100,0%21.03.202429 358 €
Thorgate Ventures I OÜ1424461636,85%02.03.20260 €
Sunly Innovation OÜ1159233411,98%06.02.20250 €
Stigo OÜ115514619,94%24.03.20260 €
Earthtide Holding OÜ167045887,3%25.07.20230 €
Sunly Innovation 2 OÜ163683715,0%23.08.20220 €
Busekvasek M OÜ129228453,4%16.08.20230 €

Business Register

Companies linked via the board

60
AS AlexelaNasdaq CSD SE555,0 m €BBEricsson Eesti AktsiaseltsNasdaq CSD SE416,6 m €AAAS SEB PankNasdaq CSD SE405,8 m €AAAktsiaselts METAPRINTNasdaq CSD SE85,8 m €AAAAS HANZA Mechanics TartuNasdaq CSD SE81,5 m €AAAERGO Insurance SENasdaq CSD SE80,6 m €AAAElke Tallinn ASNasdaq CSD SE62,0 m €AAAaktsiaselts ESTIKO - PLASTARNasdaq CSD SE48,2 m €AAAStockmann AktsiaseltsNasdaq CSD SE42,3 m €AAaktsiaselts PINUSNasdaq CSD SE29,6 m €AAAAktsiaselts BalbiinoNasdaq CSD SE29,5 m €AAAAktsiaselts Magnum VeterinaariaNasdaq CSD SE28,6 m €BBAktsiaselts KROONINGNasdaq CSD SE27,1 m €BInterchemie Werken De Adelaar Eesti aktsiaseltsNasdaq CSD SE25,5 m €BBBSchneider Electric Eesti ASNasdaq CSD SE24,9 m €BAktsiaselts TopautoNasdaq CSD SE21,6 m €AAAktsiaselts Lincona KonsultNasdaq CSD SE19,2 m €AAAAS All Media EestiNasdaq CSD SE17,2 m €AAAktsiaselts PAFERNasdaq CSD SE15,1 m €AAABaltyre Eesti ASNasdaq CSD SE14,8 m €AAAaktsiaselts PristisNasdaq CSD SE13,5 m €AAAAktsiaselts Viru ElektrikaubandusNasdaq CSD SE10,6 m €AAAktsiaselts STANDARDNasdaq CSD SE10,6 m €AAS Eesti LeivatööstusNasdaq CSD SE10,3 m €Aaktsiaselts LTTNasdaq CSD SE10,2 m €AAAMotoral Eesti AktsiaseltsNasdaq CSD SE8,6 m €AAktsiaselts Silmani ElekterNasdaq CSD SE8,0 m €Aaktsiaselts HALS TRADING - TNasdaq CSD SE6,8 m €Aaktsiaselts "Rauameister"Nasdaq CSD SE6,8 m €AAAktsiaselts "Erimell"Nasdaq CSD SE6,4 m €AAAAktsiaselts Taastusravikeskus ViikingNasdaq CSD SE5,8 m €AAAAktsiaselts Loo ElekterNasdaq CSD SE5,5 m €AAAaktsiaselts IKODORNasdaq CSD SE4,9 m €AAAktsiaselts ANTAARESNasdaq CSD SE4,7 m €AACaverion Eesti ASNasdaq CSD SE4,6 m €AAktsiaselts Kiviõli KaubahoovNasdaq CSD SE4,4 m €AAAktsiaselts Metsaküla PiimNasdaq CSD SE3,9 m €AAAaktsiaselts VÕRU VESINasdaq CSD SE3,4 m €AAAaktsiaselts TAUF-AUTONasdaq CSD SE2,9 m €AAAaktsiaselts CISTANasdaq CSD SE2,6 m €AAAPRIMULATOR EESTI AktsiaseltsNasdaq CSD SE2,2 m €AAARTT AktsiaseltsNasdaq CSD SE2,1 m €AAAAS Remedium Kalamaja ApteekNasdaq CSD SE1,7 m €AAaktsiaselts ESTIKONasdaq CSD SE1,6 m €AAAAktsiaselts Ekspress GruppNasdaq CSD SE1,4 m €AALEKON PROPERTY ASNasdaq CSD SE1,2 m €AAAAktsiaselts FotoluksNasdaq CSD SE1,1 m €BBBAktsiaselts LAVEXNasdaq CSD SE692 k €CAktsiaselts Peipsi KalameesNasdaq CSD SE498 k €AAAktsiaselts MihkliNasdaq CSD SE475 k €AAAS Tolaram InvestmentsNasdaq CSD SE380 k €AAAktsiaselts Projekt ENasdaq CSD SE198 k €AAAktsiaselts YearNasdaq CSD SE132 k €CRaisio Eesti AktsiaseltsNasdaq CSD SE120 k €ADeden-Invest AktsiaseltsNasdaq CSD SE51 638 €AKatus ASNasdaq CSD SE13 588 €Aaktsiaselts FaabulaNasdaq CSD SE0 €BBBAktsiaselts TalveaedNasdaq CSD SE · Likvideerimisel0 €CAktsiaselts SpratfilNasdaq CSD SE · Bankrupt0 €CAktsiaselts RoolidNasdaq CSD SE0 €

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Activities of head offices

20
#CompanyRevenue
1NordexLine OÜ18,6 m €
2VIRU KEEMIA GRUPP AS11,9 m €
3OÜ Neoinvesteeringud7,1 m €
4Aktsiaselts Saku Metall4,9 m €
5Vaklak Farming Group OÜ3,8 m €
6AS Kaupmees Grupp3,5 m €
7AS Lemeks3,2 m €
8Agrone OÜ2,6 m €
9Bassadone Baltic OÜ2,5 m €
10AS Go Group2,1 m €
11MAKADAM OÜ1,9 m €
12Mobire Group OÜ1,7 m €
13aktsiaselts ESTIKO1,6 m €
14AVH Grupp AS1,6 m €
15Trading House Eesti Aktsiaselts1,5 m €
16Everaus Capital OÜ1,5 m €
17B2G Grupp OÜ1,5 m €
18Arco Vara AS1,4 m €
19Creative Woodworks OÜ1,2 m €
20aktsiaselts Filter1,2 m €

Aktsiaselts Vestman Energia: place 45 /130

Similar size: Eesti Biogaas OÜ, Osaühing Erki Aiandus, Sunio Group OÜ, Navaka Transport Grupp OÜ, Canderos Assets OÜ, TIFC OÜ, Spotty Energia OÜ, HMGroup Estonia OÜ, EFISPV OÜ, Saunum Group AS

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Licences, pledges, domains

No data

History and notices

16
DateTypeContent
20.03.2023EntryEsimene, deklaratiivne jagunemiskanne (omandava isiku registrikaardile)
20.03.2023EntryKolmas, informatiivne jagunemiskanne (omandava isiku registrikaardile)
21.09.2021Administrative order
01.09.2021Order to remedy deficiencies to correct non-entry data
18.12.2018EntrySecond, constitutive merger entry (on the acquiring company's register card)
18.01.2018EntryAmendment entry
17.11.2017EntryAmendment entry
28.09.2017EntryAmendment entry
15.11.2012EntrySecond, constitutive merger entry (on the acquiring company's register card)
12.11.2012Order to remedy deficienciesSecond, constitutive merger entry (on the acquiring company's register card)
23.08.2012EntryAmendment entry
05.01.2012EntryAmendment entry
17.03.2011EntryAmendment entry
03.12.2008Tegevusalade kustutamine registrikaardiltAmendment entry
04.04.2005Jaatav kandeotsusAmendment entry
18.12.2002Jaatav kandeotsusFirst entry