Welco Tartu OÜ
- Registry code
- 12931040
- VAT number
- EE101829601
- Address
- Tartu maakond, Elva vald, Elva linn, Veski tn 18, 61508
- Registered
- 16.10.2015 · 10 yrs
- Activity
- Electrical installation 4321
- Capital
- 2 500 €
- a•••@w•••.eeLog in to see
- Phone
- +372 5•• ••••Log in to see
Business Register 07.10.2026
Sales revenue625 k €-18%2025 annual report
Profit4 436 €2025 annual report
Employees5Tax Board 2026 Q2
Average gross salary2 296 €estimate, Tax Board 2026 Q2
Labour taxes per quarter17 564 €Tax Board 2026 Q2
Cash115 k €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 07.10.2026
Revenue 12 months626 k €-7%Tax Board, last 4 quarters
State taxes 12 months116 k €Tax Board, last 4 quarters
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
Email right away on tax debt, bankruptcy or board changeRatingAA since 26.09.2026
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 7% vs a year earlier
Add the rating badge to your website
The badge code is available to this company's verified account: verification uses a code we send to the company email in the Business Register. The badge updates itself and cannot be bought. Read more
Board and owners
1 persons
| Board 1 | ||
|---|---|---|
| Andres Ariva5 companiesno tax debt | Personal ID ↗ | 16.10.2015 |
| Shareholders 1 | ||
| Andres Ariva | 100,0% 2 500 € | 01.09.2023 |
| Beneficial owners 1 | ||
| Andres Ariva5 companiesno tax debtdirect holding | 03.09.2018 | |
Business Register open data
Quarterly taxes and revenue
2026 Q2
State taxes / revenue18,2%
Labour taxes / revenue12,3%
Revenue per employee per month9 492 €
Gross salary (estimate)2 296 €
Net salary (estimate)1 880 €
2026 Q2. Wage is estimated from employment taxes.
| Quarter | Revenue | Change y/y | Labour taxes | State taxes | Employees |
|---|---|---|---|---|---|
| 2026 Q2 | 142 386 € | ▼ 4% | 17 564 € | 25 935 € | 5 |
| 2026 Q1 | 155 676 € | ▼ 15% | 17 242 € | 33 489 € | 5 |
| 2025 Q4 | 159 168 € | ▼ 16% | 19 140 € | 31 953 € | 4 |
| 2025 Q3 | 168 295 € | ▲ 9% | 16 044 € | 24 961 € | 5 |
| 2025 Q2 | 147 602 € | ▼ 36% | 14 738 € | 23 549 € | 4 |
| 2025 Q1 | 182 478 € | ▼ 24% | 13 910 € | 30 845 € | 4 |
| 2024 Q4 | 190 283 € | ▲ 12% | 12 928 € | 27 792 € | 4 |
| 2024 Q3 | 154 558 € | ▲ 23% | 12 037 € | 22 299 € | 4 |
| 2024 Q2 | 231 651 € | ▲ 34% | 12 807 € | 35 671 € | 4 |
| 2024 Q1 | 241 451 € | ▲ 54% | 11 909 € | 38 343 € | 4 |
| 2023 Q4 | 170 228 € | ▲ 11% | 11 171 € | 17 721 € | 4 |
| 2023 Q3 | 125 711 € | ▼ 19% | 11 171 € | 18 256 € | 4 |
Show full history (18 quarters)
| 2023 Q2 | 173 138 € | ▼ 2% | 10 267 € | 22 456 € | 4 |
| 2023 Q1 | 157 143 € | ▼ 15% | 12 479 € | 21 764 € | 4 |
| 2022 Q4 | 153 517 € | 15 189 € | 17 226 € | 4 | |
| 2022 Q3 | 154 629 € | 14 047 € | 22 481 € | 5 | |
| 2022 Q2 | 175 843 € | 9 942 € | 18 181 € | 5 | |
| 2022 Q1 | 185 107 € | 6 991 € | 20 721 € | 4 |
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
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Sales revenue | 625 k € | ▼ 18% | 765 k € | ▲ 10% | 696 k € | ▲ 15% | 605 k € | ▼ 6% | 647 k € |
| Profit | 4 436 € | ▼ 92% | 54 354 € | ▼ 55% | 122 k € | ▲ into profit | -49 378 € | ▼ into loss | 53 632 € |
| Profit margin | 0,7% | 7,1% | 17,5% | -8,2% | 8,3% | ||||
| Retained earnings | 238 k € | ▲ 14% | 209 k € | ▲ 42% | 147 k € | ▼ 25% | 196 k € | ▲ 38% | 142 k € |
| Cash | 115 k € | ▲ 34% | 85 628 € | ▼ 22% | 110 k € | ▲ 163% | 41 816 € | ▲ 76% | 23 714 € |
| Current assets | 296 k € | ▼ 16% | 350 k € | ▼ 5% | 369 k € | ▲ 54% | 240 k € | ▼ 27% | 329 k € |
| Fixed assets | 10 901 € | ▼ 20% | 13 687 € | ▲ 37% | 10 011 € | ▼ 29% | 14 197 € | ▲ 23% | 11 501 € |
| Assets | 307 k € | ▼ 16% | 364 k € | ▼ 4% | 379 k € | ▲ 49% | 254 k € | ▼ 25% | 340 k € |
| Current liabilities | 61 608 € | ▼ 35% | 94 671 € | ▼ 12% | 107 k € | ▲ 69% | 63 477 € | ▼ 54% | 139 k € |
| Long-term liabilities | 0 € | ▼ 100% | 3 606 € | 0 € | ▼ 100% | 41 331 € | ▲ 18× | 2 296 € | |
| Total liabilities | 61 608 € | ▼ 37% | 98 277 € | ▼ 9% | 107 k € | ▲ 3% | 105 k € | ▼ 26% | 141 k € |
| Equity | 245 k € | ▼ 8% | 266 k € | ▼ 2% | 271 k € | ▲ 82% | 149 k € | ▼ 25% | 199 k € |
| Labour costs | -154 k € | ▼ 20% | -128 k € | ▼ 13% | -114 k € | ▲ 13% | -131 k € | ▼ 80% | -73 079 € |
| Employees | 5 | 0% | 5 | 0% | 5 | ▼ 17% | 6 | ▲ 20% | 5 |
| Filed | 25.06.2026 | 11.06.2025 | 28.06.2024 | 12.06.2023 | 17.06.2022 | ||||
| Report | PDF ↓ | 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
| Activity | EMTAK | Sales revenue | Osa |
|---|---|---|---|
| Electrical installation main activity | 4321 | 624 663 € | 100% |
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 07.10.2026
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
39 392 € makseid
Transactions with state institutions
202611 048 €
202517 307 €
20245 618 €
20235 420 €
Largest payers
| Tartu Ülikool | 16 345 € |
| SA Tartu Loomemajanduskeskus | 9 551 € |
| HARIDUS- JA TEADUSMINISTEERIUM | 6 735 € |
| Tartu Sport | 5 018 € |
| SA Tartu 2024 | 1 207 € |
All payments by month
| Month | Payer | Type | Field | Amount |
|---|---|---|---|---|
| 06.2026 | SA Tartu Loomemajanduskeskus | Operating costs | Other leisure, culture, religion, incl. administration | 2 735 € |
| 06.2026 | Tartu Ülikool | Operating costs | Tertiary education | 400 € |
| 04.2026 | SA Tartu Loomemajanduskeskus | Operating costs | Other leisure, culture, religion, incl. administration | 5 240 € |
| 04.2026 | Tartu Ülikool | Operating costs | Tertiary education | 1 977 € |
| 03.2026 | Tartu Ülikool | Operating costs | Tertiary education | 456 € |
| 03.2026 | HARIDUS- JA TEADUSMINISTEERIUM | Operating costs | Other education, incl. administration | 239 € |
| 11.2025 | Tartu Ülikool | Operating costs | Tertiary education | 1 130 € |
| 10.2025 | Tartu Ülikool | Operating costs | Tertiary education | 1 754 € |
| 09.2025 | Tartu Ülikool | Operating costs | Tertiary education | 3 654 € |
| 09.2025 | Tartu Sport | Operating costs | Sport | 2 400 € |
| 09.2025 | HARIDUS- JA TEADUSMINISTEERIUM | Operating costs | Other education, incl. administration | 304 € |
| 06.2025 | Tartu Ülikool | Operating costs | Tertiary education | 527 € |
| 05.2025 | Tartu Ülikool | Operating costs | Tertiary education | 342 € |
| 05.2025 | HARIDUS- JA TEADUSMINISTEERIUM | Operating costs | Other education, incl. administration | 130 € |
| 04.2025 | Tartu Ülikool | Operating costs | Tertiary education | 3 990 € |
| 03.2025 | Tartu Ülikool | Operating costs | Tertiary education | 2 115 € |
| 03.2025 | Põltsamaa Vallavalitsus | Operating costs | Pre-school education | 537 € |
| 02.2025 | SA Tartu Loomemajanduskeskus | Operating costs | Other leisure, culture, religion, incl. administration | 424 € |
| 12.2024 | SA Tartu 2024 | Operating costs | Other leisure, culture, religion, incl. administration | 427 € |
| 12.2024 | HARIDUS- JA TEADUSMINISTEERIUM | Operating costs | Other education, incl. administration | 306 € |
| 12.2024 | SA Tartu Loomemajanduskeskus | Operating costs | Other leisure, culture, religion, incl. administration | 125 € |
| 11.2024 | HARIDUS- JA TEADUSMINISTEERIUM | Operating costs | Other education, incl. administration | 795 € |
| 10.2024 | HARIDUS- JA TEADUSMINISTEERIUM | Operating costs | Other education, incl. administration | 772 € |
| 06.2024 | HARIDUS- JA TEADUSMINISTEERIUM | Operating costs | Other education, incl. administration | 255 € |
| 05.2024 | HARIDUS- JA TEADUSMINISTEERIUM | Operating costs | Other education, incl. administration | 2 938 € |
| 12.2023 | HARIDUS- JA TEADUSMINISTEERIUM | Operating costs | Other education, incl. administration | 265 € |
| 11.2023 | HARIDUS- JA TEADUSMINISTEERIUM | Operating costs | Other education, incl. administration | 184 € |
| 10.2023 | Tartu Sport | Operating costs | Sport | 1 356 € |
| 08.2023 | SA Tartu 2024 | Operating costs | Other leisure, culture, religion, incl. administration | 780 € |
| 06.2023 | Tartu Sport | Operating costs | Sport | 570 € |
| 06.2023 | HARIDUS- JA TEADUSMINISTEERIUM | Operating costs | Other education, incl. administration | 546 € |
| 06.2023 | SA Tartu Loomemajanduskeskus | Operating costs | Other leisure, culture, religion, incl. administration | 385 € |
| 05.2023 | Tartu Sport | Operating costs | Sport | 692 € |
| 03.2023 | SA Tartu Loomemajanduskeskus | Operating costs | Other leisure, culture, religion, incl. administration | 642 € |
Riigi Tugiteenuste Keskus, Saldo makseandmikud
Holdings in other companies
0
No holdings in other companies
Companies linked via the board
4
Fulmen OÜAndres Ariva101 k €ATartu linn, Jõe tn 3 korteriühistuAndres Ariva1 895 €Ahooneühistu GÜ Tähe-2Andres Ariva0 €BBNõo vald, Nõo alevik, Oja tn 8 korteriühistuAndres Ariva0 €
Sorted by revenue (latest report or 4 quarters).
Top 20 in activity: Electrical installation
20
| # | Company | Revenue |
|---|---|---|
| 1 | Smartecon OÜ | 20,2 m € |
| 2 | OÜ S-Power | 11,3 m € |
| 3 | Insta Globe Engineering OÜ | 5,6 m € |
| 4 | OÜ Luminord | 4,9 m € |
| 5 | Sunergia OÜ | 4,7 m € |
| 6 | Päikeseratas OÜ | 4,3 m € |
| 7 | aktsiaselts RANTELL | 4,2 m € |
| 8 | 4Wind Service OÜ | 4,0 m € |
| 9 | OÜ Eletec | 3,0 m € |
| 10 | RV-Elekter OÜ | 2,9 m € |
| 11 | SigmaSystems OÜ | 2,6 m € |
| 12 | aktsiaselts Electrum | 2,5 m € |
| 13 | Osaühing KEK Elekter | 2,2 m € |
| 14 | Luminord Tallinn OÜ | 2,0 m € |
| 15 | Baufirma Sonar OÜ | 1,9 m € |
| 16 | Osaühing Arendus & Haldus | 1,9 m € |
| 17 | MHV Elektrikontroll Osaühing | 1,8 m € |
| 18 | OÜ Energogen | 1,8 m € |
| 19 | Aktsiaselts TERA | 1,6 m € |
| 20 | IGE Personnel OÜ | 1,6 m € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Licences, domains
2 records
Activity licences (MTR and environmental)
| Field | Licence number | Valid from |
|---|---|---|
| Elektritööd | TEL002751 | 18.03.2016 |
Domains
| Domain | Source |
|---|---|
| welco.ee |
History and notices
6
| Date | Type | Content |
|---|---|---|
| 01.09.2023 | Entry | Amendment entry |
| 15.07.2019 | Entry | Amendment entry |
| 19.01.2018 | Entry | Amendment entry |
| 20.12.2017 | Entry | Amendment entry |
| 10.12.2017 | Entry | Amendment entry |
| 16.10.2015 | Entry | First entry |