ETENRU
RegisteredSaare County
Registry code
14086815
VAT number
EE101895305
Address
Saare maakond, Saaremaa vald, Nasva alevik, Sadama tee 10, 93872
Registered
25.07.2016 · 10 yrs
Activity
Building of pleasure and sporting boats 30121
Capital
2 500 €
Email
i•••@s•••.comLog in to see
Phone
+372 •• ••••Log in to see
Website
www.saareyachts.com from email
Business Register 05.10.2026
Sales revenue2,0 m €+42%2025 annual report
Profit117 k €2025 annual report
Employees18Tax Board 2026 Q2
Average gross salary2 055 €estimate, Tax Board 2026 Q2
Labour taxes per quarter56 589 €Tax Board 2026 Q2
Cash82 952 €Cash 31.08.2025, annual report
Tax debt0 €Tax Board debtor list 05.10.2026
Revenue 12 months2,0 m €-28%Tax Board, last 4 quarters
State taxes 12 months207 k €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 68 742 €
1,6 M593 k465 k102 k1,1 M245 k571 k69 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AAA
Excellent, very low risk
88 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 05.10.2026 · 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 → AAA
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 28% vs a year earlier
Notification when something changes
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Data

Board and owners

2 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 2
Peeter Sääsk2 companiesno tax debtPersonal ID ↗25.07.2016
Thomas Jens Nielsen1 companyno tax debtPersonal ID ↗08.07.2025
Shareholders 1
Thomas Jens Nielsen100,0% 2 500 €08.07.2025
Beneficial owners 1
Thomas Jens Nielsendirect holding19.10.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue77,1%
Labour taxes / revenue82,3%
Revenue per employee per month1 273 €
Gross salary (estimate)2 055 €
Net salary (estimate)1 699 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q268 742 €▼ 33%56 589 €52 989 €18
2026 Q1570 997 €▲ 23%48 581 €45 505 €20
2025 Q4244 652 €▼ 59%50 468 €50 606 €17
2025 Q31 122 172 €▼ 31%61 698 €58 198 €18
2025 Q2101 971 €▲ 59%56 388 €52 922 €19
2025 Q1464 701 €▲ 813%63 565 €60 339 €21
2024 Q4593 152 €▲ 1252%36 626 €33 546 €22
2024 Q31 625 504 €▲ 260%56 006 €52 721 €22
2024 Q263 993 €▼ 93%48 634 €45 548 €25
2024 Q150 915 €▼ 90%54 820 €51 984 €24
2023 Q443 870 €▼ 64%37 212 €34 468 €22
2023 Q3451 245 €▼ 53%46 346 €43 238 €21
Show full history (18 quarters)
2023 Q2873 207 €▲ 81%40 184 €37 418 €26
2023 Q1529 885 €▲ 18%44 791 €41 792 €22
2022 Q4120 208 €44 151 €41 181 €26
2022 Q3950 964 €41 456 €38 623 €22
2022 Q2482 197 €52 732 €49 250 €20
2022 Q1450 249 €47 765 €44 592 €29

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 revenue2,0 m €▲ 42%1,4 m €▼ 20%1,7 m €▲ 13%1,5 m €▼ 16%1,8 m €
Profit117 k €▲ into profit-5 262 €▼ into loss44 864 €▲ into profit-3 950 €▼ into loss116 k €
Profit margin6,0%-0,4%2,6%-0,3%6,3%
Retained earnings43 750 €▼ 11%49 012 €▲ 12×4 182 €▼ 49%8 132 €▲ into profit-108 k €
Cash82 952 €▲ 16%71 810 €▼ 56%163 k €▲ 2%160 k €▲ 59%100 k €
Current assets417 k €▼ 42%719 k €▲ 78%405 k €▼ 40%676 k €▲ 52%444 k €
Fixed assets44 371 €▼ 27%60 971 €▼ 4%63 371 €▼ 8%68 771 €▲ 2%67 291 €
Assets462 k €▼ 41%780 k €▲ 67%468 k €▼ 37%745 k €▲ 46%511 k €
Current liabilities188 k €▼ 70%624 k €▲ 225%192 k €▼ 66%562 k €▲ 52%369 k €
Long-term liabilities0 €0 €▼ 100%115 k €▲ 74%66 014 €▲ 203%21 792 €
Total liabilities188 k €▼ 70%624 k €▲ 103%307 k €▼ 51%628 k €▲ 61%391 k €
Equity274 k €▲ 75%156 k €▼ 3%162 k €▲ 38%117 k €▼ 3%121 k €
Labour costs-518 k €▼ 1%-511 k €▼ 11%-462 k €▲ 1%-469 k €▲ 7%-504 k €
Employees21▼ 5%22▲ 5%210%21▼ 9%23
Filed02.03.202621.03.202512.03.202406.12.202329.03.2022
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
Building of pleasure and sporting boats main activity301211 951 630 €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 05.10.2026

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

0

No holdings in other companies

Companies linked via the board

1

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Building of pleasure and sporting boats

20
#CompanyRevenue
1Aktsiaselts Luksusjaht13,4 m €
2Saare Yachts OÜ2,0 m €
3Osaühing MUVOR1,8 m €
4KSHS EUROPE OÜ1,5 m €
5Osaühing Ceranos Invest1,4 m €
6Zegul Kayaks OÜ986 k €
7MMK Partners OÜ595 k €
8Pakri Workboats OÜ457 k €
9L30 One Design OÜ325 k €
10Osaühing Nauta MV320 k €
11Eysysla Yard OÜ265 k €
12Dampf Boat OÜ184 k €
13FOX.MIT. Osaühing151 k €
14Uuniq Boats OÜ114 k €
15Primatek OÜ101 k €
16Osaühing Kasse Paadid60 744 €
17OÜ Boatdeck50 052 €
18Ray Technologies OÜ41 370 €
19Aktsiaselts E.& V. FOILS37 416 €
20BCDsync OÜ24 799 €

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

Licences, domains

3 records

Activity licences (MTR and environmental)

FieldLicence numberValid from
MerendusMES00004220.09.2016
Keskkonnaluba: Sadama tee 10, Nasva alevik, Saaremaa vald, 93872 Saare maakondL.ÕV/30034715.08.2009

Domains

DomainSource
saareyachts.comemail

History and notices

10
DateTypeContent
08.07.2025EntryAmendment entry
12.03.2024Trahvihoiatusmäärus: majandusaasta aruanne esitamata
30.11.2023Warning order on deletion from the register: annual report not filed
01.09.2023EntryAmendment entry
17.04.2019Administrative order
20.01.2018EntryAmendment entry
21.12.2017EntryAmendment entry
29.08.2016EntryAmendment entry
25.07.2016EntryFirst entry
25.07.2016Order to remedy deficienciesFirst entry