11281798ActivePrivate limited companyVAT-registered

OÜ Polarwerk

Registered 22. august 2006, primary activity: Construction of railways and underground railways. Main place of business in Lüganuse vald.

Lüganuse valdEMTAK 42121Construction of railways and underground railways19+ years
Updated 10 h ago
Revenue 2026 (I kv)
€506k
▲ 84% vs 2025 I kv
As of 10.04.2026 (MTA)
Employees
17
2026 (MTA)
Taxes paid
€239k
State + labour taxes · 2026 (I kv)
Tax debt
€0
As of 12.05.2026 (MTA)

Overview

e-Business Register · 10 h ago
Legal form
Private limited company
Date of first registration
22.08.2006e-Business Register
Address
Sigvari, Varja küla, Lüganuse vald, 43309 Ida-Viru maakondADS · e-Business Register
Telephones
+372 53484966 · +372 56256371e-Business Register
Principal activity
EMTAK 42121 — Construction of railways and underground railwayse-Business Register · ETCB
VAT number
EE101085432ETCB · VAT-registered
Share capital
2556,00 €e-Business Register

Officers (2)

e-Business Register · 10 h ago
MJ
Born 1970 · 56 y · board member since 29.09.2006
Board member
JS
Born 1966 · 60 y · board member since 29.09.2006
Board member

Founders

e-Business Register · 10 h ago
OL
OÜ Larssex InternationalFOREIGN
Foreign / not in register · founder since 22.08.2006
Founder

Shareholders (2)

e-Business Register · 10 h ago
MJ
Born 1970 · 56 y · shareholder since 01.09.2023
Shareholder 50% · €1k
JS
Born 1966 · 60 y · shareholder since 01.09.2023
Shareholder 50% · €1k

Beneficial owners (2)

e-Business Register · 10 h ago
JS
Born 1966 · 60 y · ultimate beneficial owner since 22.10.2018
Ultimate beneficial owner
MJ
Born 1970 · 56 y · ultimate beneficial owner since 22.10.2018
Ultimate beneficial owner

Annual reports (7)

e-Business Register · annual reports · 2 päeva tagasi
Revenue · 2019–2025
€2.3mlatest
€5.0m€2.5m0
2019: €792k2020: €854k2021: €1.4m2022: €790k2023: €1.6m2024: €2.4m2025: €2.3m
201920222025
Profit · 2019–2025
€495klatest
€1.0m€500k−1 €
2019: €144k2020: €128k2021: €262k2022: €58k2023: €869k2024: €759k2025: €495k
201920222025
YearRevenueProfitEquityAssetsEmployees
2025AUD2 346 255 €494 516 €1 667 734 €€2.2m2209.04.2026
2024AUD2 384 910 €759 097 €1 473 218 €€1.7m1829.06.2025
20231 592 882 €868 765 €1 014 122 €€1.4m1830.06.2024
2022789 843 €57 600 €395 357 €€712k1830.06.2023
20211 440 710 €262 356 €437 758 €€918k2417.06.2022
2020854 363 €127 864 €375 402 €€668k2016.08.2021
2019792 012 €144 389 €347 538 €€596k2016.04.2020
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
€2.0m€1.0m0
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I Q505 961 €190 416 €48 333 €17
20252 019 986 €505 297 €233 637 €18
20242 478 095 €513 733 €181 577 €17
20232 196 370 €409 499 €149 211 €19
2022712 171 €248 542 €161 852 €16
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 2026€506k
State taxes 2026€190k
Taxes on workforce 2026€48k
Employees 202617
Revenue 2025€275k€176k€647k€922k
State taxes 2025€122k€25k€138k€220k
Taxes on workforce 2025€46k€49k€65k€74k
Employees 202519232618
Revenue 2024€433k€107k€739k€1.2m
State taxes 2024€123k€27k€84k€279k
Taxes on workforce 2024€45k€45k€47k€44k
Employees 202418191617
Revenue 2023€163k€176k€498k€1.4m
State taxes 2023€46k€48k€68k€248k
Taxes on workforce 2023€30k€34k€39k€45k
Employees 202314171919
Revenue 2022€126k€68k€142k€376k
State taxes 2022€75k€40k€53k€80k
Taxes on workforce 2022€58k€30k€40k€34k
Employees 202215181316

Licences (2)

MTR · 13 h tagasi
Ehitamine
MajandustegevusteadeEEH008767from 31.01.2024
Valid
Renditööjõu vahendamine
MajandustegevusteadeSTR000361from 14.01.2015
Valid

Public procurements (12 · €1.4m)

Procurement Register · 13 h tagasi
DateProcurementBuyerAmount
27.08.2023aktsiaselts Eesti Raudtee255 267 €
22.03.2023aktsiaselts Eesti Raudtee131 208 €
07.03.2023aktsiaselts Eesti Raudtee55 489 €
03.03.2023aktsiaselts Eesti Raudtee370 350 €
25.01.2023aktsiaselts Eesti Raudtee30 000 €
Show remaining (7)
17.01.2023aktsiaselts Eesti Raudtee54 666 €
05.05.2022aktsiaselts Eesti Raudtee130 866 €
18.04.2022aktsiaselts Eesti Raudtee56 100 €
01.11.2021aktsiaselts Eesti Raudtee218 400 €
30.04.2021aktsiaselts Eesti Raudtee67 779 €
25.03.2019aktsiaselts Eesti Raudtee30 673 €
22.10.2018aktsiaselts Eesti Raudtee39 000 €

History (22)

e-Business Register · entries
01.09.2023
Amending entry
Ä 20036640 / 8 · Status: In force
01.09.2023
Amending entry
Entry no. 8
09.03.2022
Amending entry
Ä 20036640 / 7 · Status: In force
09.03.2022
Amending entry
Entry no. 7
21.10.2020
Amending entry
Ä 20036640 / 6 · Status: In force
Show 17 more events
21.10.2020
Amending entry
Entry no. 6
23.10.2018
Amending entry (ÄS § 525 lg 2 alusel)
Ä 20036640 / 5 · Status: In force
23.10.2018
Amending entry (ÄS § 525 lg 2 alusel)
Entry no. 5
17.01.2018
Amending entry
Ä 20036640 / 4 · Status: In force
17.01.2018
Amending entry
Entry no. 4
01.11.2011
Amending entry
Ä 20036640 / 3 · Status: In force
01.11.2011
Amending entry
Entry no. 3
22.12.2008
Amending entry
Entry no. 2
03.12.2008
Amending entry
Ä 36640 / 2 · Status: In force
29.09.2006
Senises registriosakonnas registrikaardi sulgemise märkus
Ä 101205 / 3 · Status: In force
29.09.2006
Uue asukoha järgses registriosakonnas registrikaardi avamise kanne
Ä 36640 · Status: In force
29.09.2006
Uue asukoha järgses registriosakonnas registrikaardi avamise kanne
Entry no. 1
29.09.2006
Senises registriosakonnas registrikaardi sulgemise märkus
Entry no. 3
25.09.2006
Märkus
Ä 101205 / 2 · Status: In force
25.09.2006
Märkus
Entry no. 2
22.08.2006
First entry
Ä 101205 · Status: In force
22.08.2006
First entry
Entry no. 1

Connected companies

Via the same person

Persons connected to this company also hold roles in 2 other companies.