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Search›Companies›Osaühing Variax
10479417ActivePrivate limited companyEE100182297 · VAT-registered

Osaühing Variax

Harju maakond, Tallinn, Mustamäe linnaosa, Akadeemia tee 33·EMTAK 43999 — Other specialised construction activities·27+ years
Andmed · ···
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Overview

e-Business Register · 4 h ago
Registry code
e-Business Register
Legal form
Private limited company
Registered
17.08.1998e-Business Register
Address
Akadeemia tee 33, Mustamäe linnaosa, Tallinn, 12618 Harju maakondADS · e-Business Register
E-mail address
variax@variax.eee-Business Register
Telephone
+372 6513546· Telia Eesti ASe-Business Register · TTJA NBA
Principal activity
EMTAK 43999 - Other specialised construction activitiese-Business Register · ETCB
VAT number
ETCB · VAT-registered
Share capital
3224,00 €e-Business Register
Estonia's public business register
HomeViewsIndustriesBlogSourcesAbout

Public registry of Estonian companies — every fact traceable to a source and a date. Free and ad-free for everyone.

Nimistu MTÜ
Address: Parda tn 8, 10151 Tallinn, Estonia
E-mail: info@nimistu.ee

Browse

  • Home
  • Views
  • Industries
  • Activity licences
  • Recent registrations

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  • 79 sources
  • Database
  • Extensions
  • MCP

Organisation

  • About
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  • Donation terms
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© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
Data · 10 sourcese-Business Register · 3 min agoMTARTKMTRWeb tech scanEesti Internet
e-Business Register ↗

Registered 17. august 1998, primary activity: Other specialised construction activities. Main place of business in Mustamäe linnaosa, Tallinn, Harju maakond.

Revenue 2026 II kv
66 020 €
▲ 25% vs 2025 II kv
As of 10.07.2026 (MTA)
Employees
9
2026 (MTA)
Taxes paid
51 686 €
State + labour taxes · 2026 II kv
Tax debt
0 €
As of 11.08.2026 (MTA)
Revenue 2026 (I-II kv)
109k €
▼ 29% vs 2025 I-II kv
As of 10.07.2026 (MTA)
Employees
9
2026 (MTA)
Taxes paid
116k €
State + labour taxes · 2026 (I-II kv)
Tax debt
€0
As of 11.08.2026 (MTA)

Officers (2)

e-Business Register · 4 h ago
AT
Alvar Timmermann
· board member since 30.06.2026
Board member
RR
Rain Rätsep
· board member since 30.06.2026
Board member

Shareholders (10)

e-Business Register · 4 h ago
0%50%100%
Founder / management
94.2% · 8
Angel
5.8% · 2
#ShareholderType

Annual reports (7)

e-Business Register · annual reports · 6 päeva tagasi
Revenue 2025
308k €
↘ -20.7% vs 2024
State taxes 2025
195k €
↗ +14.4% vs 2024
Employees 2025
9
↘ -10.0% vs 2024
YearRevenueProfit

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.07.2026 as of
200k €100k €0

Licences (3)

MTR · 3 h tagasi
Active licences
3
Other3
Oldest · Newest
2003→2003
Oldest licenceEP10479417-0001 · 30.01.2003
Active3 / 3
EP10479417-0001
Projekteerimine
Majandustegevusteade
From30.01.2003
UntilOpen-ended
Valid

Tech stack

Tehnoloogiad
Domains (1)
variax.ee
SPFDMARC
NSZone.ee
REGZone Media OÜ
SRCEIS WHOIS
Could not analyse (This operation was aborted)
Mobile carrier
+372 6513546Telia Eesti AS

Veebilehte ei õnnestunud analüüsida (This operation was aborted).

State-sector payments (6 · 6k €)

RTK Makseandmik · 15.05.2026
Transactions
6
2024–2025 · 2 years
Total amount
6k €
avg 1k €
Buyers
4
State and municipal bodies
Latest
30.10.2025
936,20 € · SA Põhja-Eesti Regionaalhaigla

2025: 5k € · 2024: 1k €

BuyerTxAmountShare
HARIDUS- JA TEADUSMINISTEERIUM
70000740
1

History

last 2 years · MTA + ÄR + MTR + Procurements
2026
30.06.2026OfficerAstus juhatusse2×expand ›hide ⌃
  • Rain Rätsep
  • Alvar Timmermann
30.06.2026FilingMuutmiskanne2×expand ›hide ⌃
  • Ä 10026668 / 15 · Olek: Jõustunud
  • Kanne nr 13 · kanne
12.06.2026

Connected companies

Same-person ties · e-Business Register

Osaühing Variax is connected to 4 other companies through 3 people who hold a role here and elsewhere. The strongest tie runs through Margus Laas (2 companies).

Total connections
4
via 3 people
Connecting people
3
Active here
Distinct roles
2
Board member · Shareholder
Strongest tie
Margus
2 companies
Via personMargus Laas
%
€
1
Arvo Otsepp
Founder / management15.38%496 €
2
Piret Rätsep
Founder / management13.46%434 €
3
Urmas Jesmin
Founder / management11.54%372 €
4
Toomas Aibast
Founder / management11.54%372 €
5
Mati Rebo
Founder / management11.54%372 €
6
Ele Toomik
Founder / management11.54%372 €
7
Tiia Turu
Founder / management11.54%372 €
8
Tiit Treimann
Founder / management7.69%248 €
9
Margus Laas
Angel2.88%93 €
10
Merike Roosbaum
Angel2.88%93 €
Concentration

How tightly the cap table is held. Top-N shows the combined stake of the largest N shareholders; the 80% line is the smallest group that together controls 80%; Gini is 0 when stakes are perfectly equal, 1 when one holder owns everything.

Top 1
15.4%
Top 3
40.4%
Top 5
63.5%
Top 10
100.0%
80% line
7 of 10
Gini
0.21

Distributed control: top 5 jointly hold the majority.

AO
Arvo Otsepp
Born 1934 · 92 y · shareholder since 01.09.2023
Shareholder 15% · 496 €
PR
Piret Rätsep
· shareholder since 01.09.2023
Shareholder 13% · 434 €
UJ
Urmas Jesmin
Born 1952 · 73 y · shareholder since 01.09.2023
Shareholder 12% · 372 €
TA
Toomas Aibast
Born 1956 · 70 y · shareholder since 01.09.2023
Shareholder 12% · 372 €
MR
Mati Rebo
Born 1957 · 69 y · shareholder since 01.09.2023
Shareholder 12% · 372 €
ET
Ele Toomik
Born 1960 · 66 y · shareholder since 01.09.2023
Shareholder 12% · 372 €
TT
Tiia Turu
Born 1958 · 68 y · shareholder since 01.09.2023
Shareholder 12% · 372 €
TT
Tiit Treimann
Born 1957 · 68 y · shareholder since 01.09.2023
Shareholder 8% · 248 €
ML
Margus Laas
Born 1957 · 68 y · shareholder since 01.09.2023
Shareholder 3% · 93 €
MR
Merike Roosbaum
Born 1961 · 64 y · shareholder since 01.09.2023
Shareholder 3% · 93 €
Equity
Assets
Employees
2025308 059 €−18 523 €65k €135k €907.05.2026
2024388 560 €20 496 €83k €193k €1020.06.2025
2023383 710 €4402 €63k €132k €1027.06.2024
2022288 115 €−16 447 €58k €117k €1029.06.2023
2021313 905 €−5367 €75k €128k €1028.06.2022
2020359 680 €6121 €100k €163k €1017.06.2021
2019356 325 €13 258 €94k €158k €1029.06.2020
Original files in PDF – the full register on e-Business Register.View reports on e-Business Register
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I-II Q108 940 €68 553 €47 635 €9
2025344 959 €194 555 €126 736 €9
2024345 570 €170 051 €108 922 €10
2023401 830 €188 903 €119 615 €10
2022285 540 €140 832 €93 016 €10
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 202643k €66k €––
State taxes 202636k €33k €––
Taxes on workforce 202629k €19k €––
Employees 202699––
Revenue 2025101k €53k €61k €131k €
State taxes 202562k €32k €36k €64k €
Taxes on workforce 202544k €22k €24k €36k €
Employees 20259999
Revenue 202442k €98k €90k €116k €
State taxes 202429k €43k €47k €50k €
Taxes on workforce 202427k €24k €31k €27k €
Employees 202410101010
Revenue 202392k €91k €120k €99k €
State taxes 202346k €39k €56k €47k €
Taxes on workforce 202331k €23k €35k €30k €
Employees 202310101010
Revenue 202259k €65k €57k €105k €
State taxes 202233k €29k €36k €43k €
Taxes on workforce 202224k €18k €27k €24k €
Employees 202210101010
EK10479417-0001
Ehitise audit
Majandustegevusteade
From30.01.2003
UntilOpen-ended
Valid
EK10479417-0002
Ehitusprojekti ekspertiis
Majandustegevusteade
From30.01.2003
UntilOpen-ended
Valid
4k €
SA Põhja-Eesti Regionaalhaigla
90006399
2
2k €
Viljandi Vallavalitsus
75038606
1
312 €
SA Sakala Teatrimaja
90000618
2
305 €
20253 transactions · 5k €
30.102025
SA Põhja-Eesti Regionaalhaigla90006399
MAJANDAMISKULUD · Erihaigla teenused
936 €
13.102025
HARIDUS- JA TEADUSMINISTEERIUM70000740
MAJANDAMISKULUD · Põhi- ja üldkeskharidus
3720 €
09.062025
SA Sakala Teatrimaja90000618
MAJANDAMISKULUD · Teatrid
183 €
20242 transactions · 1k €
04.102024
SA Põhja-Eesti Regionaalhaigla90006399
MAJANDAMISKULUD · Erihaigla teenused
1019 €
11.032024
SA Sakala Teatrimaja90000618
MAJANDAMISKULUD · Teatrid
122 €
Show remaining 1 transactions+
20241 transaction · 312 €
02.012024
Viljandi Vallavalitsus75038606
MAJANDAMISKULUD · Väljaspool kodu osutatav üldhooldusteenus
312 €
FilingMuutmiskanne— Ä 10026668 / M4 · Olek: Puudused kõrvaldatud
07.05.2026ReportEsitati 2025. aasta aruanne— Käive 308 059 €
2025
20.06.2025ReportEsitati 2024. aasta aruanne— Käive 388 560 €
2
Alvar Timmermann1
Piret Rätsep1
ML
Margus Laas
shareholder 3%
2 other companies›
CompanyRoleReg. code
EstKONSULT Keskkonnatehnika OÜ
Board memberShareholder 8%Founder
14460550
Inseneribüroo Reaal OÜ
FounderShareholder 46%
11835222
AT
Alvar Timmermann
board member
1 other company›
CompanyRoleReg. code
Tallinn, Vabriku tn 35 korteriühistu
Board member
80288564
PR
Piret Rätsep
shareholder 13%
1 other company›
CompanyRoleReg. code
Tuun In OÜ
Shareholder 100%Board memberFounder
12983143

Analysis · 2025

computed from annual reports
Revenue308k €median 46k €6.7× the sector median
Net margin-6.0%median 3.6%-9.6 pp vs sector median
Revenue per employee34k €median 48k €72% of the sector median
Revenue change-20.7%median 6.2%-26.9 pp vs sector median
Equity ratio47.8%
Current ratio1.68
Labour cost of revenue88.3%
Profit per employee−2058 €
Compared with2024revenue 389k €

Peer group: Muud eriehitustööd, 1,247 trading companies that filed a report in the last three years.

Founded 1998. That year 3,554 osaühing were registered; 3,413 are still trading, or 96.0%.