VG HOLDING AS

Legal formLegal form:: Public limited company
Registry codeRegistry code:: 10063473
VAT no.VAT no.:: EE100412909
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 07.08.1996 (30 y)
Former business namesFormer business names:: Võru Galvaanika AS
CapitalCapital:: 25 600 EUR
AddressAddress:: Lille tn 20, Võru linn, Võru maakond, 65604
StatusStatus:: Registered

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Contacts

PhonePhone:: +372 53446335
PhonePhone:: +372 7821051
EmailEmail:: info@vg.ee
WebsiteWebsite:: www.vg.ee

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Industries

MANUFACTURING
Manufacture of fabricated metal products, excl. machinery
Treatment and coating of metals; machining
Metal surface treatment and coating
25511 – Metal surface treatment and coating

VAT liability

VAT no.	Start	End
EE100412909	01.01.1994	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	30.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	28.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	10.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	27.08.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	30.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	03.11.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	09.07.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	28.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	30.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	08.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	17.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	04.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	27.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	27.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	30.06.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	10.06.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	30.06.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	26.06.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	19.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	29.06.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	01.07.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	01.07.2004	Valid	PDF
2002	01.01.2002 – 31.12.2002	02.06.2003	Valid	PDF
2001	01.01.2001 – 31.12.2001	24.04.2002	Valid	PDF
2000	01.01.2000 – 31.12.2000	02.07.2001	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 30.09.2026.

Delayed declarations

VAT return

20.07.2026

22.07.2026

2 d overdue

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Tax debt1.7k€Reports Declarations Court decisions1 Official announcements5 TTJA decisions–Real estate3 .ee domains1 Licenses–Regulations14 Public transactions15 Grants–State aid7 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	26 254 €	8 740 €	93 689 €+37,9%	7
2026 Q1	16 774 €	10 074 €	67 930 €−31,9%	6
Total 2026:	43 028 €	18 814 €	161 619 €
2025 Q4	27 328 €	11 916 €	99 794 €+3,2%	8
2025 Q3	29 306 €	11 174 €	96 741 €+4,4%	9
2025 Q2	23 889 €	9 951 €	92 633 €+18,0%	8
2025 Q1	19 384 €	8 703 €	78 494 €−1,9%	7
Total 2025:	99 907 €	41 744 €	367 662 €
2024 Q4	20 137 €	12 713 €	80 013 €	5
2024 Q3	20 985 €	11 279 €	80 004 €−18,4%	8
2024 Q2	30 632 €	14 870 €	98 084 €+17,0%	11
2024 Q1	22 035 €	11 993 €	83 826 €−12,7%	11
Total 2024:	93 789 €	50 855 €	341 927 €
2023 Q4	25 570 €	12 303 €	95 987 €−5,9%	10
2023 Q3	30 313 €	12 204 €	102 015 €−2,8%	11
2023 Q2	26 755 €	10 685 €	104 971 €+21,1%	12
2023 Q1	22 736 €	10 577 €	86 711 €−21,6%	9
Total 2023:	105 374 €	45 769 €	389 684 €
2022 Q4	24 915 €	8 161 €	110 552 €+8,2%	9
2022 Q3	21 182 €	9 399 €	102 165 €−13,6%	9
2022 Q2	26 484 €	11 840 €	118 206 €−14,8%	10
2022 Q1	33 969 €	13 713 €	138 691 €−40,9%	11
Total 2022:	106 550 €	43 113 €	469 614 €
2021 Q4	14 316,01 €	8 029,55 €	234 514,58 €+240%	11
2021 Q3	15 588,38 €	9 242,81 €	69 006,09 €−3,9%	9
2021 Q2	16 483,86 €	9 136,37 €	71 832,29 €+11,8%	10
2021 Q1	15 317,69 €	7 406,37 €	64 224,86 €+5,3%	10
Total 2021:	61 705,94 €	33 815,10 €	439 577,82 €
2020 Q4	17 978,40 €	10 325,15 €	60 983,40 €−14,3%	9
2020 Q3	19 978,78 €	11 513,82 €	71 138,85 €−1,6%	10
2020 Q2	18 668,60 €	9 721,79 €	72 317,98 €+21,8%	11
2020 Q1	12 844,20 €	9 189,05 €	59 396,42 €	12
Total 2020:	69 469,98 €	40 749,81 €	263 836,65 €

Revenue by industry

	2023	2024	2025
Metal surface treatment and coating			354 591 €
Manufacture of cutlery and tableware		318 864 €
Treatment and coating of metals	352 886 €

Tax debts

Type	Amount	Deferred	Disputed
Value-added tax	1 716,67 €	1 716,67 €	0 €
Total	1 716,67 €	1 716,67 €	0 €

Representatives

	Personal ID code
Merike Gorškova	46001XXXXXX	02.01.1960 (66)	Board member	24.11.1999	-
Igor Gorskov	35407XXXXXX	01.07.1954 (72)	board member (manager)	07.08.1996	-

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Shareholders

	Personal ID code
Merike Gorškova	46001XXXXXX	02.01.1960 (66)	Shareholder	13 568 EUR	53,00%	Sole ownership	16.08.2023	-
Igor Gorskov	35407XXXXXX	01.07.1954 (72)	Shareholder	12 032 EUR	47,00%	Sole ownership	16.08.2023	-

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Other persons

	Personal ID code
Jekaterina Lenk	48701XXXXXX	16.01.1987 (39)	Supervisory-board member	17.02.2025	-
Aleksandr Lenk	38107XXXXXX	06.07.1981 (45)	Supervisory-board member	03.11.2003	-
Liidia Lenk	43808XXXXXX	22.08.1938 (88)	Supervisory-board member	03.11.2003	-

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Ultimate beneficial owners

	Personal ID code
Igor Gorskov	35407XXXXXX	01.07.1954 (72)	Direct holding	26.10.2018	-
Merike Gorškova	46001XXXXXX	02.01.1960 (66)	Direct holding	26.10.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 93 689 €
Monthly average: 31 230 €
Per employee: 4 461 €
Equity ratio: 121,99%

Labour taxes

Turnover ratio: 9,33%
Tax ratio: 33,29%
Monthly average: 2 913 €
Per employee: 448 €

State taxes

Monthly average: 8 751 €
Turnover ratio: 28,02%

Estimated salary

Gross salary: 956 €
Net salary: 873 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	72 009 €+1,2%	71 161 €−0,5%	71 533 €−38,8%	116 901 €+11,6%	104 725 €+205%	34 381 €−22,9%	44 579 €
Non-current assets	315 202 €−6,5%	337 058 €−4,8%	354 002 €−5,6%	374 871 €−10,9%	420 933 €−29,8%	599 704 €−2,0%	611 861 €
Total assets	387 211 €−5,1%	408 219 €−4,1%	425 535 €−13,5%	491 772 €−6,4%	525 658 €−17,1%	634 085 €−3,4%	656 440 €
Short-term liabilities	130 322 €−3,3%	134 763 €−14,3%	157 328 €+0,7%	156 164 €+3,1%	151 407 €−20,0%	189 145 €−6,6%	202 524 €
Long-term liabilities	16 853 €−27,5%	23 242 €+22,0%	19 051 €−27,5%	26 262 €+108%	12 629 €−39,0%	20 699 €−53,6%	44 578 €
Total liabilities	147 175 €−6,9%	158 005 €−10,4%	176 379 €−3,3%	182 426 €+11,2%	164 036 €−21,8%	209 844 €−15,1%	247 102 €
Share or stock capital	25 600 €	25 600 €	25 600 €	25 600 €	25 600 €	25 600 €	25 600 €
Retained earnings	176 422 €−18,1%	215 358 €+14,5%	188 048 €−17,5%	227 825 €−41,6%	390 443 €+4,0%	375 540 €+4,7%	358 563 €
Net profit	29 816 €+2 718%	1 058 €−96,1%	27 310 €−42,8%	47 723 €+176%	-62 619 €−520%	14 903 €−12,2%	16 977 €
Equity	240 036 €−4,1%	250 214 €+0,4%	249 156 €−19,5%	309 346 €−14,5%	361 622 €−14,8%	424 241 €+3,6%	409 338 €
Turnover	354 591 €+11,2%	318 864 €−9,6%	352 886 €−15,5%	417 513 €−6,0%	444 258 €+75,5%	253 182 €−15,6%	299 888 €
Profit margin	8,4%	0,3%	7,7%	11,4%	-14,1%	5,9%	5,7%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	99 938 €	-28 430 €
Liquidity
Current ratio	0,7	0,7
Quick ratio	0,5	0,5
Cash ratio	0,4	0,3
Efficiency
Days sales outstanding (dso)	19,3	15,2
Asset turnover	0,8	0,8
Structure
Debt ratio	0,4	0,3
Profitability
Operating margin	17,9%	-13,4%
Net profit margin	11,4%	-14,1%
Return on assets (roa)	9,4%	-10,8%
Return on equity (roe)	15,4%	-17,3%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 20001256 / M6	11.03.2022	Order to remedy deficiencies for correcting extra-entry data	10.04.2022	Entered into force11.03.2022
Ä 20001256 / 13	21.02.2018	Entry – Amendment entry	-	Entered into force21.02.2018
Ä 20001256 / 12	17.01.2018	Entry – Amendment entry	-	Entered into force17.01.2018
Ä 20001256 / 11	28.09.2017	Entry – Amendment entry	-	Entered into force28.09.2017
Ä 20001256 / 10	15.03.2012	Entry – Amendment entry	-	Entered into force15.03.2012

Real estate

		Purpose
Liikuri tn 10, Lasnamäe linnaosa, Tallinn, Harju maakondSpace: 20	4061 m²	Residential land 100%
Lille tn 20, Võru linn, Võru linn, Võru maakond	1380 m²	Commercial land 100%
Lille tn 20a, Võru linn, Võru linn, Võru maakond	2261 m²	Commercial land 100%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions


2-14-58242/37	Kohtu I astme menetlus	Court judgment	Law of obligations	Heiki Kolk	ECLI:EE:TMK:2015:2.14.58242.23888	12.10.2015	Open

Official announcements


Notice of issuing or amending a waste permit	06.06.2019	PDF
Notice of disclosure of the draft waste permit	22.05.2019	PDF
Notice of initiation of proceedings for a waste permit	23.04.2019	PDF
Notice of granting or refusal of an air-pollution permit	30.08.2016	PDF
Notice of disclosure of the draft air-pollution permit	20.07.2016	PDF

Public transactions


03.03.2025	Transpordiamet	244 €Received	OPERATING EXPENSESMuseums
21.01.2025	Eesti Töötukassa	349,92 €Received	OTHER GRANTSSocial protection of the unemployed
14.12.2023	Eesti Töötukassa	450 €Received	OTHER GRANTSSocial protection of the unemployed
14.11.2023	Eesti Töötukassa	450 €Received	OTHER GRANTSSocial protection of the unemployed
13.10.2023	Eesti Töötukassa	367,81 €Received	OTHER GRANTSSocial protection of the unemployed

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


04.08.2023	Eesti TöötukassaAid measure 20985	Palgatoetus VTA › Palgatoetus VTAGrant	1 282,24 €	20985/2400177
01.06.2020	Eesti TöötukassaAid measure 15463	Palgatoetus VTA › Palgatoetus VTAGrant	4 133,33 €	15463/2106350
05.12.2019	Eesti TöötukassaAid measure 15461	Palgatoetus VTA › Palgatoetus VTAGrant	2 074,58 €	15461/2009792
23.01.2019	Eesti TöötukassaAid measure 15461	Palgatoetus VTA › Palgatoetus VTAGrant	613,97 €	15461/1908059
23.01.2019	Eesti TöötukassaAid measure 15463	Palgatoetus VTA › Palgatoetus VTAGrant	1 101,02 €	15463/1903355

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


vg.ee	Active	04.07.2010	20.01.2027

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders

Data comes from public registers.