Overview
e-Business Register · 6 h ago- Legal form
- Public limited company
- Date of first registration
- 21.06.1996e-Business Register
- Address
- Tartu tn 4a, Viljandi linn, 71004 Viljandi maakondADS · e-Business Register
- E-mail address
- [email protected]e-Business Register
- Website
- www.vestman.eee-Business Register · domain active
- Telephone
- +372 4333427e-Business Register
- Principal activity
- EMTAK 0220 — Logginge-Business Register · ETCB
- VAT number
- EE100129069ETCB · VAT-registered
- Share capital
- 95 913,90 €e-Business Register
- LEI
- 4851005R8QWEPKVNFH42 · issued 19.11.2018GLEIF
Officers (5)
e-Business Register · 6 h agoFounders
e-Business Register · 6 h agoShareholders (2)
e-Business Register · 6 h agoAV
Aktsiaselts Vestman EnergiaLEGAL PERSON
Legal person · 10899600 · shareholder since 12.03.2025
Shareholder 78% · €75k
TV
TAUR Varahalduse OsaühingLEGAL PERSON
Legal person · 10899579 · shareholder since 07.08.2024
Shareholder 17% · €16k
Beneficial owners
e-Business Register · 6 h agoAB
Born 1969 · 56 y · ultimate beneficial owner since 07.09.2018
Ultimate beneficial owner
Other persons (2)
e-Business Register · 6 h agoNC
Nasdaq CSD SEFOREIGN
Foreign / not in register · registrar of the shares since 28.09.2017
Registrar of the shares
Subsidiaries
e-Business Register · shareholders · 6 h agoMetsamaahalduse Aktsiaselts is a shareholder or officer in 11 more companies.
Tech stack
Website analysis · 1 päeva tagasiDomains (1)
www.vestman.ee
Äriregister
Annual reports (6)
e-Business Register · annual reports · 4 päeva tagasiRevenue · 2019–2024
€8.5mlatest
€10.0m€5.0m0
201920222024
Profit · 2019–2024
€15.8mlatest
€20.0m€10.0m−1 €
201920222024
| Year | Revenue | Profit | Equity | Assets | Employees | |
|---|---|---|---|---|---|---|
| 2024AUD | 8 506 389 € | 15 809 490 € | 107 895 924 € | €133.6m | 6 | 28.06.2025 |
| 2023AUD | 7 252 572 € | 15 281 777 € | 100 974 368 € | €126.1m | 3 | 27.06.2024 |
| 2022AUD | 8 237 044 € | 10 089 174 € | 85 716 258 € | €107.5m | 1 | 08.06.2023 |
| 2021AUD | 8 541 725 € | 10 040 972 € | 74 417 137 € | €91.5m | 1 | 28.06.2022 |
| 2020AUD | 4 510 488 € | 7 138 389 € | 64 376 165 € | €82.0m | 1 | 27.05.2021 |
| 2019AUD | 7 615 025 € | 8 373 030 € | 57 267 434 € | €76.1m | 1 | 08.06.2020 |
Original files (PDF, XBRL) — in the e-Business Register.View reports on e-Business Register
Taxes, revenue and employees
Estonian Tax and Customs Board · 10.04.2026 as of€5.0m€2.5m0
20222023202420252026
| Year | Revenue (a) | State taxes | Taxes on workforce | Employees (Q4) |
|---|---|---|---|---|
| 2026I Q | 2 198 147 € | 441 069 € | 53 334 € | 7 |
| 2025 | 6 119 715 € | 835 979 € | 152 137 € | 7 |
| 2024 | 8 008 278 € | 932 076 € | 109 082 € | 8 |
| 2023 | 7 033 393 € | 619 494 € | 53 745 € | 8 |
| 2022 | 8 097 465 € | 911 141 € | 28 432 € | 7 |
Quarterly breakdown
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Revenue 2026 | €2.2m | — | — | — |
| State taxes 2026 | €441k | — | — | — |
| Taxes on workforce 2026 | €53k | — | — | — |
| Employees 2026 | 7 | — | — | — |
| Revenue 2025 | €1.8m | €2.3m | €962k | €1.1m |
| State taxes 2025 | €259k | €299k | €96k | €181k |
| Taxes on workforce 2025 | €42k | €42k | €36k | €31k |
| Employees 2025 | 8 | 7 | 7 | 7 |
| Revenue 2024 | €2.4m | €1.7m | €2.0m | €1.8m |
| State taxes 2024 | €255k | €215k | €259k | €204k |
| Taxes on workforce 2024 | €20k | €27k | €33k | €29k |
| Employees 2024 | 9 | 8 | 8 | 8 |
| Revenue 2023 | €1.7m | €1.9m | €1.7m | €1.7m |
| State taxes 2023 | €162k | €202k | €145k | €110k |
| Taxes on workforce 2023 | €12k | €13k | €16k | €12k |
| Employees 2023 | 8 | 8 | 8 | 8 |
| Revenue 2022 | €2.2m | €2.0m | €2.4m | €1.4m |
| State taxes 2022 | €285k | €182k | €288k | €156k |
| Taxes on workforce 2022 | €9k | €6k | €6k | €8k |
| Employees 2022 | 5 | 6 | 6 | 7 |
Commercial pledges (1 · €639k)
Business Register · pledges#1Active
639 116,49 € (10 000 000 EEK)
Pledge holder: aktsiaselts Hansapank
Rank: esimene · From 13.10.2008 · active
Licences (2)
MTR · 5 h tagasiOfficial notices (3)
Ametlikud Teadaanded · 5 h tagasiKeskkonnaamet26.03.2026#2582447
Keskkonnaamet13.06.2025#2468832
Keskkonnaamet14.05.2025#2455421
Grants (3 · €440k)
EIS + PRIA + Kohesio + Estonian Unemployment Insurance FundPRIAEU/EAFRD2024
183 349 €
PRIAEU/EAFRD2023
176 352 €
PRIAEU/EAFRD2023
80 574 €
History
last 2 years · MTA + ÄR + MTR + Procurements2026
- 10.05.2026Uus MTR tegevusluba2×expand ›
- Tegevusluba · Keskkond · KME000067
- Majandustegevusteade · Põllumajandus · KUL000183
2025
- 28.06.2025Esitati 2024. aasta aruanneKäive 8 506 389 €
- 09.05.2025Astus juhatusse
- 09.05.2025Muutmiskanne2×expand ›
- Ä 20033467 / 17 · Olek: Jõustunud
- Kanne nr 17 · kanne
- 24.04.2025Astus nõukogusse
- 12.04.2025Astus nõukogusse2×expand ›
- 12.03.2025Sai rolli (aktsionär)Aktsiaselts Vestman Energia · · 78 %
2024
- 11.09.2024Eralduva isiku jagunemiskanne (teine, konstitutiivne kanne jagunemisel)2×expand ›
- Ä 20033467 / 16 · Olek: Jõustunud
- Kanne nr 16 · kanne
- 03.09.2024Eralduva isiku jagunemiskanne (teine, konstitutiivne kanne jagunemisel)Ä 20033467 / M9 · Olek: Puudused kõrvaldatud
- 07.08.2024Sai rolli (aktsionär)TAUR Varahalduse Osaühing · · 17 %
- 27.06.2024Esitati 2023. aasta aruanneKäive 7 252 572 €
Connected companies
Via the same personPersons connected to this company also hold roles in 67 other companies.
Taavi RaadikBoard member · 12 other companies
AS LandCredit
Supervisory board member
Haapsalu linn, Kooli tn 1 korteriühistu
Board member
Luther Recovery OÜ
Ultimate beneficial ownerBoard member
Mittetulundusühing Ühinenud Metsaomanikud
Board memberUltimate beneficial owner
Osaühing Kasekeskus
FounderBoard memberUltimate beneficial ownerShareholder 50%
OÜ Forek
Board member
OÜ Noble Woods
Supervisory board member
OÜ Sakala Tuulepark
Board member
Piibeleht Mets OÜ
Board member
Põllumaahalduse OÜ
Board member
TAUR Varahalduse Osaühing
Ultimate beneficial owner
Tulundusühistu Eesti Puidumüügikeskus
Ultimate beneficial ownerBoard member
Martin TammejuurBoard member · 4 other companies
Aivar BerzinUltimate beneficial owner, Supervisory board member · 25 other companies
Aktsiaselts Vestman Energia
Shareholder 90%Board memberFounderUltimate beneficial owner
AS LandCredit
Supervisory board memberUltimate beneficial owner
AS PÕLLUVARA
FounderSupervisory board memberUltimate beneficial owner
Busekvasek M OÜ
Ultimate beneficial owner
Jõeküla Energiapark OÜ
Ultimate beneficial owner
Mittetulundusühing Eesti Pärimusmuusika Keskus
Supervisory board member
Mittetulundusühing Outset Eesti
Founder
MTÜ Vaimuelu
Founder
OÜ Forek
Ultimate beneficial owner
OÜ Noble Woods
Supervisory board memberUltimate beneficial owner
OÜ Piibeleht Arendus
Ultimate beneficial owner
OÜ Pädaste Aiad
Ultimate beneficial owner
OÜ Sakala Tuulepark
Ultimate beneficial owner
OÜ Viljatootja
Ultimate beneficial owner
Piibeleht Mets OÜ
Ultimate beneficial owner
Purjelaev Admiral Bellingshausen OÜ
Ultimate beneficial owner
Põllumaahalduse OÜ
Ultimate beneficial owner
Sihtasutus BRITTANNIA
FounderSupervisory board member
Sihtasutus Iga Laps on Andekas
Supervisory board member
Thorgate Ventures I OÜ
Ultimate beneficial owner
Thorgate Ventures II Greentech OÜ
Ultimate beneficial owner
Tuleviku Hariduse SA
Supervisory board member
Vestman Metsatööd OÜ
Ultimate beneficial owner
Vestman Solar OÜ
Ultimate beneficial owner
… and 1 more companies
Erki UnnSupervisory board member · 8 other companies
Arula Karjamõisa OÜ
LiquidatorUltimate beneficial owner
KYMI BALTIC CONSULTING OÜ
Ultimate beneficial ownerShareholder 100%Board member
MTÜ Karupesa Team
Founder
MTÜ Omaniku ja Looduse Tasakaalu Keskus
Founder
OÜ Noble Woods
Board member
Plantree OÜ
FounderUltimate beneficial ownerBoard memberShareholder 100%
Usaldusühing Orajõe-Oraniku Põllud ja Metsad
ShareholderUltimate beneficial ownerLiquidatorGeneral partner
VEROMENA INVEST OÜ
Ultimate beneficial ownerLiquidatorShareholder 100%
TOOMAS URIPEASupervisory board member · 18 other companies
AS LandCredit
Supervisory board member
GateMe OÜ
Ultimate beneficial owner
Mittetulundusühing Eesti Jäähokiliit
Board memberUltimate beneficial owner
Osaühing Thorsten
FounderBoard memberUltimate beneficial ownerShareholder 100%
OÜ EJHL Kinnisvara
Board memberUltimate beneficial owner
OÜ Karukold
Board memberUltimate beneficial owner
OÜ KB4A Arendus
Board memberUltimate beneficial owner
OÜ Noble Woods
Supervisory board member
OÜ SK33B Arendus
Ultimate beneficial ownerBoard member
OÜ T72 Jäähall
Ultimate beneficial owner
OÜ TH8 Arendus
Ultimate beneficial ownerBoard member
OÜ Thorgate Management
FounderUltimate beneficial ownerBoard memberShareholder 8%
PIIBELEHT VARAHALDUS Osaühing
Ultimate beneficial ownerBoard member
Seitse Energia OÜ
Ultimate beneficial ownerBoard member
Sihtasutus Lastestaadioni Jäähall
Ultimate beneficial ownerBoard member
Thorgate Digital OÜ
Ultimate beneficial ownerBoard member
Thorgate Ventures II Greentech OÜ
Board member
Waybiller OÜ
Ultimate beneficial owner