OÜ Vara Saeveski

Legal form:: Private limited company
Registry code:: 10533890
VAT no.:: EE100518447
Fiscal-year period:: 01.01 - 31.12
Established:: 22.03.1999 (27 y)
Former business names:: Dewermax OÜ
Capital:: 235 832 EUR
Address:: Vara saeveski, Vara küla, Peipsiääre vald, Tartu maakond, 60426
Status:: Registered

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Contacts

Phone:: +372 7315843
Email:: info@varasaeveski.ee

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Industries

MANUFACTURING
Wood processing and manufacture of wood and cork products, except furniture; manufacture of articles of straw and plaiting materials
Sawing and planing of wood; wood processing and finishing
16111 – Sawing and planing of wood
16121 – Wood processing and finishing

Industry TOPNo. 10 of 228 companies

1.Stora Enso Eesti AS208.4M €
2.aktsiaselts RAIT100.4M €
3.aktsiaselts TOFTAN84.7M €
4.Lotus Timber OÜ70.8M €
5.AKTSIASELTS NATURAL59.1M €
6.osaühing Eesti Höövelliist50.7M €
7.aktsiaselts Viiratsi Saeveski48.7M €
8.Osaühing LEVENTEK46.3M €
9.VinCom OÜ45.2M €
10.OÜ Vara Saeveski35.8M €

Main activity 16111 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE100518447	01.07.1999	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	29.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	29.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	21.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	29.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	30.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	30.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	14.09.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	30.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	30.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	30.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	28.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	29.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	20.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	21.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	29.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	28.04.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	21.04.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	30.06.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	08.09.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	28.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	28.06.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	16.06.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	29.06.2004	Valid	PDF
2002	01.01.2002 – 31.12.2002	01.07.2003	Valid	PDF
2001	01.01.2001 – 31.12.2001	05.07.2002	Valid	PDF
2000	01.01.2000 – 31.12.2000	06.06.2001	Valid	PDF

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Tax debt Reports Declarations Court decisions–Official announcements14 TTJA decisions–Real estate14 .ee domains2 Licenses1 Regulations15 Public transactions34 Grants9 State aid25 Public procurement4 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	719 288 €	331 474 €	9,78 M €−19,9%	68
2026 Q2	659 024 €	324 155 €	12,2 M €+25,9%	72
2026 Q1	0 €	389 867 €	9,70 M €+136%	70
Total 2026:	1,38 M €	1,05 M €	31,7 M €
2025 Q4	0 €	299 367 €	4,10 M €−31,0%	69
2025 Q3	354 655 €	376 481 €	5,95 M €−54,4%	68
2025 Q2	0 €	372 615 €	13,0 M €+51,4%	76
2025 Q1	0 €	375 860 €	8,62 M €−15,7%	78
Total 2025:	354 655 €	1,42 M €	31,7 M €
2024 Q4	46 280 €	322 611 €	10,2 M €+18,0%	71
2024 Q3	360 727 €	359 876 €	8,67 M €−26,7%	66
2024 Q2	480 189 €	277 314 €	11,8 M €+89,3%	71
2024 Q1	332 827 €	316 139 €	6,25 M €−12,7%	73
Total 2024:	1,22 M €	1,28 M €	37,0 M €
2023 Q4	232 211 €	244 234 €	7,16 M €+17,2%	66
2023 Q3	567 922 €	269 220 €	6,11 M €−44,9%	65
2023 Q2	270 239 €	285 476 €	11,1 M €+80,7%	70
2023 Q1	459 699 €	372 143 €	6,13 M €−28,4%	67
Total 2023:	1,53 M €	1,17 M €	30,5 M €
2022 Q4	214 423 €	226 754 €	8,57 M €−27,9%	68
2022 Q3	1,07 M €	406 994 €	11,9 M €−32,1%	70
2022 Q2	826 198 €	293 335 €	17,5 M €+132%	78
2022 Q1	360 967 €	322 583 €	7,54 M €−40,5%	76
Total 2022:	2,47 M €	1,25 M €	45,5 M €
2021 Q4	347 928,79 €	218 490,98 €	12,7 M €+71,7%	67
2021 Q3	423 268,24 €	232 890,34 €	7,38 M €−21,5%	68
2021 Q2	395 422,75 €	229 314,54 €	9,41 M €+45,1%	69
2021 Q1	270 124,35 €	231 613,02 €	6,49 M €+13,0%	71
Total 2021:	1,44 M €	912 308,88 €	36,0 M €
2020 Q4	214 605,35 €	195 137,15 €	5,74 M €+14,5%	65
2020 Q3	365 336,57 €	217 693,12 €	5,02 M €−24,2%	68
2020 Q2	300 636,23 €	221 112,96 €	6,62 M €+13,3%	69
2020 Q1	265 689 €	211 364 €	5,84 M €−3,7%	72
Total 2020:	1,15 M €	845 307,23 €	23,2 M €
2019 Q4	190 830 €	205 253 €	6,06 M €+3,2%	70
2019 Q3	329 583 €	234 028 €	5,88 M €−26,2%	78
2019 Q2	335 056 €	218 689 €	7,97 M €+29,1%	77
2019 Q1	224 938 €	214 605 €	6,17 M €−24,0%	71
Total 2019:	1,08 M €	872 575 €	26,1 M €
2018 Q4	197 183 €	211 553 €	8,12 M €+18,0%	69
2018 Q3	198 194 €	206 248 €	6,88 M €−1,8%	71
2018 Q2	324 548 €	194 841 €	7,01 M €+13,6%	68
2018 Q1	206 556 €	172 942 €	6,17 M €−9,5%	69
Total 2018:	926 481 €	785 584 €	28,2 M €
2017 Q4	231 041 €	180 073 €	6,82 M €+67,0%	68
2017 Q3	198 626 €	180 255 €	4,08 M €−28,6%	71
2017 Q2	292 104 €	170 060 €	5,72 M €+21,4%	70
2017 Q1	243 863 €	196 254 €	4,71 M €+14,8%	68
Total 2017:	965 634 €	726 642 €	21,3 M €
2016 Q4	173 622 €	163 200 €	4,10 M €−12,2%	60
2016 Q3	280 052 €	185 904 €	4,67 M €+13,1%	60
2016 Q2	250 062 €	164 412 €	4,13 M €−14,1%	60
2016 Q1	215 992 €	191 380 €	4,81 M €+26,8%	60
Total 2016:	919 728 €	704 896 €	17,7 M €
2015 Q4	180 477 €	144 048 €	3,80 M €−16,0%	60
2015 Q3	243 628 €	171 444 €	4,52 M €+8,2%	60
2015 Q2	314 079 €	158 384 €	4,17 M €−24,8%	60
2015 Q1	296 576 €	210 503 €	5,55 M €	60
Total 2015:	1,03 M €	684 379 €	18,0 M €

Revenue by industry

	2023	2024	2025
Sawing and planing of wood		28 003 536 €	23 538 080 €
Wood processing and finishing		7 107 900 €	6 388 054 €
Manufacture of sawn timber	21 399 858 €
Manufacture of other wood products, incl. wood chips, wood wool etc.	6 886 645 €

Tax debts

No tax debt found

No tax debt as of 21.07.2026

Representatives

	Personal ID code
Andres Hummal	36811XXXXXX	14.11.1968 (57)	Board member	27.01.2010	-
Tiit Nilson	36303XXXXXX	28.03.1963 (63)	Board member	02.03.2000	-

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Shareholders

	Personal ID code
AS WOODWELL	10151987	30.04.1997 (29)	Shareholder	172 560 EUR	73,17%	Sole ownership	01.09.2023	-
Inger Lise Christensen	-	-	Shareholder	63 272 EUR	26,83%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Priit Nilson	38702XXXXXX	28.02.1987 (39)	Chairman of the supervisory board	12.07.2023	-
Piret Pikma	48511XXXXXX	30.11.1985 (40)	Supervisory-board member	12.07.2023	-
Urmas Saetalu	36605XXXXXX	23.05.1966 (60)	Supervisory-board member	12.07.2023	-
Ellen Tohvri	46209XXXXXX	20.09.1962 (64)	Audit firm	26.02.2003	-
Peeter Järve	37309XXXXXX	30.09.1973 (53)	Founder	22.03.1999	-

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Ultimate beneficial owners

	Personal ID code
Inger Lise Christensen	-	-	Direct holding	19.09.2018	-
Tiit Nilson	36303XXXXXX	28.03.1963 (63)	Indirect holding	19.09.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 9 782 803 €
Monthly average: 3 260 934 €
Per employee: 47 955 €
Equity ratio: 1 382,74%

Labour taxes

Turnover ratio: 3,39%
Tax ratio: 46,08%
Monthly average: 110 491 €
Per employee: 1 578 €

State taxes

Monthly average: 239 763 €
Turnover ratio: 7,35%

Estimated salary

Gross salary: 2 885 €
Net salary: 2 323 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	10 024 116 €−20,0%	12 523 138 €+17,4%	10 667 100 €−33,0%	15 921 676 €+37,7%	11 563 546 €+68,3%	6 872 479 €+24,3%	5 530 477 €
Non-current assets	30 122 888 €+35,0%	22 321 090 €+27,8%	17 462 630 €+21,8%	14 337 881 €+10,4%	12 985 012 €+9,2%	11 895 662 €−12,1%	13 539 095 €
Total assets	40 147 004 €+15,2%	34 844 228 €+23,9%	28 129 730 €−7,0%	30 259 556 €+23,3%	24 548 558 €+30,8%	18 768 140 €−1,6%	19 069 572 €
Short-term liabilities	5 897 092 €+74,1%	3 386 450 €+53,8%	2 202 297 €−44,8%	3 991 587 €+8,6%	3 676 145 €+52,6%	2 409 640 €−20,7%	3 040 158 €
Long-term liabilities	4 575 606 €+102%	2 260 113 €+3 780%	58 254 €−88,0%	487 191 €−75,4%	1 979 128 €+5,5%	1 876 422 €+4,8%	1 790 502 €
Total liabilities	10 472 698 €+85,5%	5 646 563 €+150%	2 260 551 €−49,5%	4 478 778 €−20,8%	5 655 273 €+31,9%	4 286 062 €−11,3%	4 830 660 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	28 938 250 €+14,8%	25 209 764 €+2,1%	24 696 364 €+38,7%	17 808 868 €+27,0%	14 022 665 €+1,3%	13 839 497 €+0,1%	13 825 494 €
Net profit	476 642 €−87,2%	3 728 487 €+308%	913 400 €−88,2%	7 712 495 €+67,3%	4 611 205 €+1 103%	383 167 €+149%	154 003 €
Equity	29 674 308 €+1,6%	29 197 664 €+12,9%	25 869 180 €+0,3%	25 780 780 €+36,5%	18 893 284 €+30,5%	14 482 079 €+1,7%	14 238 912 €
Turnover	29 926 136 €−14,8%	35 111 436 €+24,1%	28 286 504 €−33,7%	42 669 080 €+23,1%	34 673 912 €+53,3%	22 614 760 €−7,9%	24 545 758 €
Profit margin	1,6%	10,6%	3,2%	18,1%	13,3%	1,7%	0,6%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	9 645 628 €	6 815 819 €
Liquidity
Current ratio	4,0	3,1
Quick ratio	3,5	2,5
Cash ratio	2,7	1,6
Efficiency
Days sales outstanding (dso)	26,4	29,0
Asset turnover	1,6	1,6
Structure
Debt ratio	0,1	0,2
Profitability
Operating margin	18,6%	13,4%
Net profit margin	18,1%	13,3%
Return on assets (roa)	28,1%	21,3%
Return on equity (roe)	29,9%	24,4%

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Licences & notices


License	SLM15/6197	Frequency licences	Valid	10.12.2015	09.12.2023

Regulations


Ä 20014885 / 17	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
K 20014885 / 16	15.03.2019	Entry – Commercial-pledge opening entry	-	Entered into force15.03.2019
Ä 20014885 / 15	17.01.2018	Entry – Amendment entry	-	Entered into force17.01.2018
Ä 20014885 / 14	22.12.2017	Entry – Amendment entry	-	Entered into force22.12.2017
Ä 20014885 / 13	03.12.2017	Entry – Amendment entry	-	Entered into force03.12.2017

Real estate

		Purpose
Kalsoni, Vara küla, Peipsiääre vald, Tartu maakond	8296 m²	Industrial land 100%
Kellatorni tee, Vara küla, Peipsiääre vald, Tartu maakond	2592 m²	Transport land 100%
Linavästriku, Vara küla, Peipsiääre vald, Tartu maakond	26 055 m²	Agricultural land 100%
Pargiserva, Vara küla, Peipsiääre vald, Tartu maakond	16 671 m²	Industrial land 100%
Pilpa alajaam, Vara küla, Peipsiääre vald, Tartu maakond	42 m²	Industrial land 100%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

No court decisions found

The company has no court decisions

Official announcements


Notice of granting or refusal of an environmental permit	17.07.2026	PDF
Notice of disclosure of the draft environmental permit	02.07.2026	PDF
Notice of initiation of proceedings for an environmental permit	25.05.2026	PDF
Notice of granting or refusal of an environmental permit	22.12.2021	PDF
Notice of disclosure of the draft environmental permit	18.11.2021	PDF

Public transactions


29.09.2026	Tartu Rakenduslik Kolledž	403 €Received	OPERATING EXPENSESVocational education
26.02.2026	Kliimaministeerium	100 000 €Received	OTHER GRANTSOther environmental protection, incl. administration
14.11.2025	Majandus- ja Kommunikatsiooniministeerium	486 570,58 €Received	OTHER GRANTSR&D in general economic, trade and labour policy
07.11.2025	Kliimaministeerium	100 000 €Received	OTHER GRANTSOther environmental protection, incl. administration
24.09.2025	Eesti Töötukassa	2 500 €Received	OPERATING EXPENSESSocial protection of the unemployed

Funded projects


Vara Saeveski OÜ ressursitõhususe investeering sorteerimisliini2021-2027.2.04.24-0064	(EK nr 2.6) Ring- ja ressursitõhusale majandusele ülemineku edendamineCF · Sihtasutus Keskkonnainvesteeringute Keskus	07.05.2024 – 31.12.20252021-2027	5 413 000 €support 18,5%	5 413 000 €	Completed
OÜ Vara Saeveski varustuskindluse investeeringud20.2.02.24-0324	Ressursitõhusate rohetehnoloogiate kasutuselevõttRRF · Ettevõtluse ja Innovatsiooni Sihtasutus	07.03.2024 – 31.12.20252020-2026	1 250 000 €support 40,0%	1 216 426,46 €	Completed
OÜ Vara Saeveski ressursitõhususe investeering2014-2020.4.03.17-0148	Ettevõtete energia- ja ressursitõhususERDF · Sihtasutus Keskkonnainvesteeringute Keskus	01.03.2018 – 31.08.20212014-2020	6 008 339 €support 33,3%	6 008 339 €	Completed
OÜ Vara Saeveski energia- ja ressursiauditi läbiviimine2014-2020.4.03.16-0045	Ettevõtete energia- ja ressursitõhususERDF · Sihtasutus Keskkonnainvesteeringute Keskus	02.01.2017 – 31.10.20172014-2020	17 500 €support 42,9%	17 500 €	Completed
TEHNOLOOGILISE LIINI TÄIENDAMINE KOOREREBIJAGA - JA KLOTSIHAKKURIGA3.1.1201.08-0070	Tööstusettevõtja tehnoloogiainvesteeringu toetusERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	01.03.2009 – 31.12.20092007-2013	99 063,06 €	91 908,34 €	Completed

State aid


05.10.2026	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 241718	T&A VTA › T&A VTAGrant	4 907,36 €	241718/2600633
04.09.2025	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 231469	Turundustegevused VTA › Ekspordi edendamine VTAGrant	9 723 €	231469/2600128
21.04.2025	Tallinna TehnikaülikoolAid measure 221436	Koolitus VTA › Koolitus VTAGrant	480 €	221436/2500100
19.02.2025	Tallinna TehnikaülikoolAid measure 221436	Koolitus VTA › Koolitus VTAGrant	480 €	221436/2500038
04.02.2025	Eesti TöötukassaAid measure 231580	Koolitus VTA › Koolitus VTAGrant	2 500 €	231580/2503887

Public procurement contracts


25.07.2024End 15.12.2025	Reference number 279571 · Leping nr. 1458	AS HekotekContractor	5 413 000 €	Completed
12.11.2020End 31.08.2021	Reference number 219156 · TÖÖVÕTULEPING NR. 121120	Merelen OsaühingContractor	2 137 140,91 €	Completed
11.11.2020End 31.08.2021	Reference number 216082 · Leping nr 1296	AS HekotekContractor	1 550 000 €	Completed
21.03.2019End 31.03.2020	Reference number 201265 · TÖÖVÕTULEPING	ICP Solutions OÜContractor	2 997 382,19 €	Completed

.ee domains


varaveski.ee	Active	14.11.2016	15.11.2031
varasaeveski.ee	Active	04.07.2010	22.09.2031

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.