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Search›Companies›CVF Investment Advisor OÜ
14621409ActivePrivate limited companyEE102220225 · VAT-registered

CVF Investment Advisor OÜ

Harju maakond, Tallinn, Lasnamäe linnaosa, Valukoja tn 8/2·EMTAK 64991 — Other financial service activities, except insurance and pension funding n.e.c.·7+ years
Andmed · ···
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Overview

e-Business Register · 18 h ago
Registry code
e-Business Register
Legal form
Private limited company
Registered
06.12.2018e-Business Register
Address
Valukoja tn 8/2, Lasnamäe linnaosa, Tallinn, 11415 Harju maakondADS · e-Business Register
E-mail address
rait@changeventures.come-Business Register
Telephone
+372 5188255· Telia Eesti ASe-Business Register · TTJA NBA
Principal activity
EMTAK 64991 - Other financial service activities, except insurance and pension funding n.e.c.e-Business Register · ETCB
VAT number
ETCB · VAT-registered
Share capital
2500,00 €e-Business Register
nimistu
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

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  • Home
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  • Recent registrations

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© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
Data · 6 sourcese-Business Register · 9 min agoMTA
e-Business Register ↗

Registered 6. detsember 2018, primary activity: Other financial service activities, except insurance and pension funding n.e.c.. Main place of business in Lasnamäe linnaosa, Tallinn, Harju maakond.

Revenue 2026 II kv
22 265 €
▼ 61% vs 2025 II kv
As of 10.07.2026 (MTA)
Employees
–
2026 (MTA)
Taxes paid
7406 €
State + labour taxes · 2026 II kv
Tax debt
0 €
As of 12.08.2026 (MTA)
Revenue 2026 (I-II kv)
24k €
▼ 77% vs 2025 I-II kv
As of 10.07.2026 (MTA)
Employees
–
2026 (MTA)
Taxes paid
10k €
State + labour taxes · 2026 (I-II kv)
Tax debt
€0
As of 12.08.2026 (MTA)

Officers (2)

e-Business Register · 18 h ago
AB
Andris Bērziņš
Born 1971 · 54 y · board member since 06.12.2018
Board member
RO
Rait Ojasaar
Born 1980 · 45 y · board member since 06.12.2018
Board member

Founders

e-Business Register · 18 h ago
CH
CVF Holdings OÜLEGAL PERSON
Legal person · 14613255 · founder since 12.11.2018
Founder · 3k €

Shareholders

e-Business Register · 18 h ago
CH
CVF Holdings OÜLEGAL PERSON
Legal person · 14613255 · shareholder since 02.09.2023
Shareholder 100% · 3k €

Annual reports (7)

e-Business Register · annual reports · 7 päeva tagasi
Revenue 2025
100k €
↘ -42.9% vs 2024
State taxes 2025
28k €
↘ -37.8% vs 2024
Employees 2025
1
↘ -50.0% vs 2024
YearRevenueProfit

Taxes, revenue and employees

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

Tech stack

Tehnoloogiad
Mobile carrier
+372 5188255Telia Eesti AS

History

last 2 years · MTA + ÄR + MTR + Procurements
2026
30.06.2026ReportEsitati 2025. aasta aruanne— Käive 100 000 €
2025
30.06.2025ReportEsitati 2024. aasta aruanne— Käive 175 000 €
2024
04.11.2024FilingMuutmiskanne TsMS § 595¹ lg 1 alusel2×expand ›hide ⌃
  • Ä 50108562 / 6 · Olek: Jõustunud
  • Kanne nr 6 · kanne

Connected companies

Same-person ties · e-Business Register

CVF Investment Advisor OÜ is connected to 26 other companies through 2 people who hold a role here and elsewhere. The strongest tie runs through Rait Ojasaar (20 companies).

Total connections
26
via 2 people
Connecting people
2
Active here
Distinct roles
1
Board member
Strongest tie
Rait
20 companies
Via personRait Ojasaar
Equity
Assets
Employees
2025100 000 €−46 778 €24k €988k €130.06.2026
2024175 000 €−81 708 €21k €863k €230.06.2025
2023200 000 €−195 940 €102k €919k €229.06.2024
2022200 000 €98 473 €298k €969k €228.06.2023
2021210 000 €92 599 €200k €590k €230.06.2022
2020249 000 €74 438 €107k €178k €201.11.2021
201939 500 €30 352 €33k €88k €230.06.2021
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 Q23 660 €7054 €3135 €–
2025199 876 €27 622 €5828 €–
2024258 023 €44 432 €8417 €–
2023357 721 €46 814 €10 495 €–
2022312 610 €57 991 €10 552 €–
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 20261k €22k €––
State taxes 20261k €6k €––
Taxes on workforce 20261k €2k €––
Employees 2026––––
Revenue 202547k €57k €49k €46k €
State taxes 20257k €7k €7k €7k €
Taxes on workforce 20251k €1k €1k €1k €
Employees 2025––––
Revenue 202476k €74k €52k €57k €
State taxes 202412k €13k €13k €7k €
Taxes on workforce 20242k €3k €3k €2k €
Employees 2024––––
Revenue 2023142k €72k €72k €71k €
State taxes 202312k €11k €12k €12k €
Taxes on workforce 20233k €3k €3k €3k €
Employees 2023––––
Revenue 202273k €54k €94k €93k €
State taxes 202220k €15k €12k €12k €
Taxes on workforce 20223k €3k €3k €3k €
Employees 2022––––
30.09.2024FilingMuutmiskanne2×expand ›hide ⌃
  • Ä 50108562 / 5 · Olek: Jõustunud
  • Kanne nr 5 · kanne
20
Andris Bērziņš6
RO
Rait Ojasaar
board member
20 other companies›
CompanyRoleReg. code
Acctax Holding OÜ
Board member
17324043
Alter Security OÜ
Founder
12492416
Antifragile Holding OÜ
Board memberShareholder 100%Founder
14603937
Change Ventures OÜ
Board memberShareholder 33%Founder
14025819
Crowdestate AS
Supervisory board member
14773059
CVF 3 Fund Manager OÜ
Board member
16594266
CVF 3 Investment Advisor OÜ
Board member
16593640
CVF Fund Manager OÜ
Board member
14623897
CVF Holdings OÜ
Board member
14613255
Indilo Solutions OÜ
Board member
11461684
KUMA Design OÜ
Shareholder 50%Board memberFounder
12705533
LedgerTech OÜ
Board member
17026765
MeetFrank OÜ
Supervisory board member
14314682
Metergram OÜ
Founder
12526440
Mittetulundusühing Mareti
Board member
80227982
Neurisium OÜ
Board member
14301372
… and 4 more · see on the person page ↗
AB
Andris Bērziņš
board member
6 other companies›
CompanyRoleReg. code
99math OÜ
Supervisory board member
14682374
Change Ventures OÜ
Board memberShareholder 33%
14025819
CVF 3 Fund Manager OÜ
Board member
16594266
CVF 3 Investment Advisor OÜ
Board member
16593640
CVF Fund Manager OÜ
Board member
14623897
CVF Holdings OÜ
Board member
14613255

Analysis · 2025

computed from annual reports
Revenue100k €median 18k €5.7× the sector median
Net margin-46.8%median 22.8%-69.6 pp vs sector median
Revenue per employee100k €median 44k €2.3× the sector median
Revenue change-42.9%median 0.7%-43.6 pp vs sector median
Equity ratio2.4%
Current ratio0.06current assets cover under 1× liabilities
Labour cost of revenue14.0%
Profit per employee−46 778 €
Compared with2024revenue 175k €

Peer group: Muud mujal liigitamata finantsteenused, v.a kindlustus ja pensionifondid, 475 trading companies that filed a report in the last three years.

Founded 2018. That year 14,762 osaühing were registered; 14,172 are still trading, or 96.0%.