ETENRU

Usaldusfond Change Ventures Fund II

RegisteredHarju County
Registry code
14802453
VAT number
not VAT registered
Address
Harju maakond, Tallinn, Lasnamäe linnaosa, Valukoja tn 8/2, 11415
Registered
11.09.2019 · 7 yrs
Activity
Rahaturufondide ja muude investeerimisfondide tegevus 64311
Email
i•••@c•••.comLog in to see
Phone
+372 •• ••••Log in to see
Business Register 06.10.2026
Tegevuseta: käive ja töötajad puuduvad
Profit-1,9 m €2025 annual report
Employees02025 annual report
Cash203 k €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Firmo rating
BB
Modest, higher risk
80 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 06.10.2026 · 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)
  • Not VAT registered
Stability
RatingA → BB
In tax debt0 days since 26.09.2026
Email right away on tax debt, bankruptcy or board change

Data

Board and owners

3 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Other persons 3
CVF Fund Manager OÜ6 companiesno tax debtFondivalitsejaPersonal ID ↗11.09.2019
CVF Fund Manager OÜOsade registripidajaOsad on Eesti väärtpaberite registris (Nasdaq CSD). See ei tähenda börsil noteerimist.11.09.2019
CVF Fund Manager OÜ6 companiesno tax debtTäisosanikPersonal ID ↗11.09.2019
Beneficial owners 2
Andris Berzins6 companiesno tax debtkaudne osalus11.09.2019
Rait Ojasaar17 companiesno tax debtkaudne osalus11.09.2019

Business Register open data

Quarterly taxes and revenue

No Tax Board data

Annual reports

5 yr
Build report

20252024202320222021
Profit-1,9 m €▼ into loss42 972 €▲ into profit-9,6 m €▼ into loss9,2 m €▲ 202%3,0 m €
Profit margin—————
Retained earnings2,9 m €▲ 1%2,9 m €▼ 77%12,5 m €▲ 280%3,3 m €▲ 13×244 k €
Cash203 k €▼ 76%835 k €▲ 47%570 k €▼ 75%2,2 m €▲ 767%259 k €
Current assets211 k €▼ 75%845 k €▲ 48%571 k €▼ 75%2,2 m €▲ 767%259 k €
Fixed assets45,7 m €▲ 3%44,5 m €▲ 1%44,1 m €▼ 9%48,4 m €▲ 70%28,4 m €
Assets45,9 m €▲ 1%45,3 m €▲ 1%44,7 m €▼ 12%50,6 m €▲ 76%28,7 m €
Current liabilities10 310 €▼ 60%25 997 €▼ 87%207 k €▼ 29%293 k €▲ 41%207 k €
Long-term liabilities44,9 m €▲ 6%42,4 m €▲ 2%41,6 m €▲ 10%37,9 m €▲ 50%25,2 m €
Total liabilities44,9 m €▲ 6%42,4 m €▲ 1%41,8 m €▲ 10%38,2 m €▲ 50%25,4 m €
Equity1,0 m €▼ 65%2,9 m €▲ 1%2,9 m €▼ 77%12,5 m €▲ 280%3,3 m €
Labour costs0 €0 €0 €0 €0 €
Employees00000
Filed10.04.202628.04.202511.06.202417.05.202309.05.2022
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

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 06.10.2026

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

10
CompanyCodeHoldingSinceRevenue
Modash OÜ1443416211,06%28.02.20257,0 m €
Outvio OÜ1425086413,4%30.06.20251,4 m €
Recruitment Software OÜ1493604716,96%01.09.2023913 k €
Cloud Factory OÜ1430977021,67%25.06.2026539 k €
99math OÜ1468237413,9%02.09.2023488 k €
Gelatex Technologies OÜ1414543017,39%23.02.2026320 k €
EURORA SOLUTIONS OÜ146141487,73%07.06.2022238 k €
Formaloo OÜ1604571411,11%20.06.2023162 k €
OÜ Werk IT1604136619,78%13.10.20255 440 €
Astronomical Holdings OÜ1709581643,22%22.01.20250 €

Business Register

Companies linked via the board

5

Top 20 in activity: Rahaturufondide ja muude investeerimisfondide tegevus

20
#CompanyRevenue
1OÜ Krenno5,2 m €
2BPM Mezzanine Fund II usaldusfond3,8 m €
3Usaldusfond EfTEN Special Opportunities Fund1,9 m €
4AV Marketplace OÜ1,5 m €
5Aktsiaselts PlusPlus Capital835 k €
6Innowinner Project Management OÜ723 k €
7ESREP OÜ453 k €
8Mad Owl Assets OÜ206 k €
9OÜ RAID HOLDING180 k €
10OÜ INVESTAR145 k €
11OÜ Possaad138 k €
12UV Ventures OÜ121 k €
13Tres Comas Group OÜ58 883 €
14Will OÜ51 537 €
15Yorx Finants OÜ49 367 €
16DATAHOUSE OÜ42 104 €
17Techni Ventures OÜ40 000 €
18OÜ KLE Invest39 900 €
19AR1 OÜ31 712 €
20Siland Capital OÜ31 200 €

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

5
DateTypeContent
04.11.2024EntryMuutmiskanne TsMS § 595¹ lg 1 alusel
24.10.2023EntryMuutmiskanne TsMS § 595¹ lg 1 alusel
04.05.2023EntryAmendment entry
11.09.2019EntryFirst entry
10.09.2019Order to remedy deficienciesFirst entry