OÜ FAVEL EHITUS

Legal form:: Private limited company
Registry code:: 11667210
VAT no.:: EE101321811
Fiscal-year period:: 01.01 - 31.12
Established:: 09.06.2009 (17 y)
Former business names:: FAVEL EHITUS UÜ
Capital:: 2 684 EUR
Address:: Laada tn 20, Rakvere linn, Lääne-Viru maakond, 44310
Status:: Registered

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Contacts

Phone:: +372 5106181
Email:: raigo@favel.ee

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Industries

CONSTRUCTION
Specialised construction activities
Electrical installation and plumbing and other construction installation works
Plumbing, heating and air-conditioning installation
43221 – Installation, repair and maintenance of heating, ventilation and air-conditioning equipment

Industry TOPNo. 37 of 686 companies

1.aktsiaselts Pristis14.9M €
2.Aktsiaselts COMFORT AE13.9M €
3.Zehnder Baltics OÜ12.3M €
4.City Kliima OÜ10.7M €
5.Aktsiaselts Clik10.2M €
6.AS SKAT-KESKUS9.3M €
7.AIT-Nord OÜ9.1M €
8.Caverion Eesti AS8.2M €
9.Fresh-Est OÜ7.4M €
10.Maaküte OÜ6.6M €

37.OÜ FAVEL EHITUS2M €

Main activity 43221 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE101321811	02.10.2009	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	23.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	29.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	06.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	23.05.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	31.05.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	26.05.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	29.06.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	29.04.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	29.04.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	25.04.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	26.04.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	30.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	25.04.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	20.04.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	02.07.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	07.07.2011	Valid	PDF
2009	09.06.2009 – 31.12.2009	07.06.2010	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 21.10.2026.

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Tax debt Reports Declarations Court decisions1 Official announcements–TTJA decisions–Real estate3 .ee domains1 Licenses5 Regulations10 Public transactions21 Grants–State aid1 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	44 761 €	14 644 €	625 734 €−13,2%	7
2026 Q2	64 489 €	13 507 €	720 513 €+131%	6
2026 Q1	31 890 €	13 747 €	312 166 €−2,2%	6
Total 2026:	141 140 €	41 898 €	1,66 M €
2025 Q4	34 209 €	15 009 €	319 154 €+95,1%	6
2025 Q3	0 €	15 422 €	163 576 €−43,5%	6
2025 Q2	19 942 €	15 297 €	289 433 €−14,8%	7
2025 Q1	51 099 €	17 010 €	339 701 €−32,1%	7
Total 2025:	105 250 €	62 738 €	1,11 M €
2024 Q4	50 197 €	16 721 €	500 486 €+55,5%	8
2024 Q3	30 361 €	15 538 €	321 876 €−11,6%	8
2024 Q2	19 017 €	14 524 €	363 966 €+242%	7
2024 Q1	12 150 €	14 074 €	106 280 €−76,9%	7
Total 2024:	111 725 €	60 857 €	1,29 M €
2023 Q4	49 481 €	16 417 €	460 760 €−44,0%	7
2023 Q3	39 401 €	14 927 €	823 234 €+49,0%	7
2023 Q2	13 471 €	12 587 €	552 645 €−6,2%	6
2023 Q1	52 209 €	12 826 €	589 115 €−21,4%	6
Total 2023:	154 562 €	56 757 €	2,43 M €
2022 Q4	32 781 €	11 990 €	749 926 €+33,5%	6
2022 Q3	0 €	11 107 €	561 619 €−35,3%	6
2022 Q2	51 095 €	10 809 €	867 752 €+115%	6
2022 Q1	43 857 €	12 052 €	403 643 €+11,0%	6
Total 2022:	127 733 €	45 958 €	2,58 M €
2021 Q4	28 174,38 €	11 575,69 €	363 630,60 €+2,1%	6
2021 Q3	12 743,60 €	12 048,20 €	356 231,42 €−19,5%	6
2021 Q2	20 690,35 €	11 622,81 €	442 797,44 €+75,0%	6
2021 Q1	30 922,57 €	11 819,20 €	252 960,22 €+27,3%	7
Total 2021:	92 530,90 €	47 065,90 €	1,42 M €
2020 Q4	15 388,13 €	11 663,33 €	198 718,73 €−30,8%	7
2020 Q3	32 181,27 €	12 877,77 €	287 332,09 €+145%	7
2020 Q2	18 871,82 €	12 981,01 €	117 055,22 €−15,9%	8
2020 Q1	24 649 €	15 393 €	139 232 €−71,1%	8
Total 2020:	91 090,22 €	52 915,11 €	742 338,04 €
2019 Q4	43 957 €	19 716 €	481 768 €+48,8%	8
2019 Q3	31 113 €	22 921 €	323 851 €+20,9%	12
2019 Q2	33 112 €	25 615 €	267 807 €−25,9%	11
2019 Q1	40 075 €	25 185 €	361 294 €−2,5%	15
Total 2019:	148 257 €	93 437 €	1,43 M €
2018 Q4	51 048 €	32 292 €	370 605 €−53,1%	14
2018 Q3	76 592 €	31 915 €	790 063 €+173%	15
2018 Q2	36 085 €	29 607 €	289 572 €−23,4%	14
2018 Q1	47 569 €	23 318 €	378 221 €+12,2%	14
Total 2018:	211 294 €	117 132 €	1,83 M €
2017 Q4	27 138 €	21 633 €	337 140 €+29,6%	11
2017 Q3	31 030 €	17 937 €	260 137 €−20,6%	10
2017 Q2	32 260 €	19 056 €	327 800 €−12,7%	7
2017 Q1	32 687 €	19 660 €	375 528 €−6,4%	9
Total 2017:	123 115 €	78 286 €	1,30 M €
2016 Q4	31 040 €	20 333 €	401 099 €+9,1%	9
2016 Q3	35 415 €	18 629 €	367 485 €+82,1%	9
2016 Q2	19 083 €	10 229 €	201 787 €+31,5%	9
2016 Q1	12 588 €	7 778 €	153 432 €−15,9%	9
Total 2016:	98 126 €	56 969 €	1,12 M €
2015 Q4	12 240 €	5 681 €	182 479 €+11,7%	6
2015 Q3	10 469 €	5 087 €	163 384 €−4,4%	6
2015 Q2	12 422 €	5 320 €	170 859 €+10,5%	6
2015 Q1	7 480 €	4 814 €	154 627 €	6
Total 2015:	42 611 €	20 902 €	671 349 €

Revenue by industry

	2023	2024	2025
Installation, repair and maintenance of heating, ventilation and air-conditioning equipment		1 407 659 €	1 085 282 €
Installation of heating, ventilation and air-conditioning equipment	2 116 767 €

Tax debts

No tax debt found

No tax debt as of 21.10.2026

Representatives

	Personal ID code
Raigo Paimre	37704XXXXXX	10.04.1977 (49)	Board member	30.09.2009	-

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Shareholders

	Personal ID code
Raigo Paimre	37704XXXXXX	10.04.1977 (49)	Shareholder	2 684 EUR	100,00%	Sole ownership	01.09.2023	-

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Ultimate beneficial owners

	Personal ID code
Raigo Paimre	37704XXXXXX	10.04.1977 (49)	Direct holding	27.07.2026	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 625 734 €
Monthly average: 208 578 €
Per employee: 29 797 €
Equity ratio: 7 771,16%

Labour taxes

Turnover ratio: 2,34%
Tax ratio: 32,72%
Monthly average: 4 881 €
Per employee: 751 €

State taxes

Monthly average: 14 920 €
Turnover ratio: 7,15%

Estimated salary

Gross salary: 1 473 €
Net salary: 1 261 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	306 414 €−21,4%	389 645 €+2,5%	380 218 €−45,7%	700 257 €+67,8%	417 269 €+53,3%	272 103 €+9,1%	249 513 €
Non-current assets	665 856 €+20,3%	553 665 €+91,9%	288 539 €+207%	94 129 €−5,1%	99 220 €−22,5%	127 967 €+176%	46 417 €
Total assets	972 270 €+3,1%	943 310 €+41,1%	668 757 €−15,8%	794 386 €+53,8%	516 489 €+29,1%	400 070 €+35,2%	295 930 €
Short-term liabilities	179 438 €−27,2%	246 432 €+280%	64 925 €−72,8%	239 022 €+51,6%	157 666 €+72,8%	91 249 €+49,0%	61 225 €
Long-term liabilities	186 306 €+160%	71 640 €+92,9%	37 139 €−40,8%	62 689 €−9,6%	69 369 €−22,8%	89 905 €+237%	26 714 €
Total liabilities	365 744 €+15,0%	318 072 €+212%	102 064 €−66,2%	301 711 €+32,9%	227 035 €+25,3%	181 154 €+106%	87 939 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	622 286 €+10,4%	563 741 €+15,1%	489 723 €+70,9%	286 502 €+32,7%	215 964 €+5,3%	205 039 €+11,1%	184 605 €
Net profit	-18 712 €−132%	58 545 €−20,9%	74 018 €−63,6%	203 221 €+188%	70 538 €+546%	10 925 €−46,5%	20 434 €
Equity	606 526 €−3,0%	625 238 €+10,3%	566 693 €+15,0%	492 675 €+70,2%	289 454 €+32,2%	218 916 €+5,3%	207 991 €
Turnover	1 097 605 €−22,0%	1 407 844 €−33,5%	2 116 767 €−21,4%	2 693 473 €+82,4%	1 476 698 €+90,4%	775 527 €−44,8%	1 404 661 €
Profit margin	-1,7%	4,2%	3,5%	7,5%	4,8%	1,4%	1,5%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	241 122 €	108 065 €
Liquidity
Current ratio	2,9	2,6
Quick ratio	2,9	2,2
Cash ratio	0,8	1,4
Efficiency
Days sales outstanding (dso)	43,6	38,2
Asset turnover	4,1	3,2
Structure
Debt ratio	0,4	0,4
Profitability
Operating margin	7,6%	4,9%
Net profit margin	7,5%	4,8%
Return on assets (roa)	31,0%	15,4%
Return on equity (roe)	41,2%	24,4%

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Licences & notices


Notice of economic activity	EEH004432	Construction	Valid	22.10.2009	-
Notice of economic activity	EEK000648	Building audit	Valid	22.10.2009	-
Notice of economic activity	EEO002047	Owner’s supervision	Valid	22.10.2009	-
Notice of economic activity	EEP001725	Design / engineering	Valid	22.10.2009	-
Notice of economic activity	EPE000534	Expert assessment of a construction project	Valid	22.10.2009	-

Regulations


Ä 10130425 / 9	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 10130425 / 8	17.01.2018	Entry – Amendment entry	-	Entered into force17.01.2018
Ä 10130425 / 7	01.12.2017	Entry – Amendment entry	-	Entered into force01.12.2017
Ä 10130425 / 6	01.03.2013	Entry – Amendment entry	-	Entered into force01.03.2013
Ä 130425 / 5	30.09.2009	Entry – Amendment entry	-	Entered into force30.09.2009

Real estate

		Purpose
Kastani pst 10a, Rakvere linn, Rakvere linn, Lääne-Viru maakondSpace: 2	1127 m²	Residential land 100%
Kastani pst 10a, Rakvere linn, Rakvere linn, Lääne-Viru maakondSpace: 5	1127 m²	Residential land 100%
Pronksi tn 11, Kesklinna linnaosa, Tallinn, Harju maakondSpace: 10	399 m²	Residential land 95%, Commercial land 5%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions


2-14-56860/18	Apellatsioonmenetlus	Court judgment	-	Imbi Sidok-Toomsalu, Indrek Parrest, Ele Liiv	ECLI:EE:TLRK:2015:2.14.56860.8201	26.03.2015	Open

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


15.04.2025	Eesti Töötukassa	598,47 €Received	OTHER GRANTSSocial protection of the unemployed
13.03.2025	Eesti Töötukassa	548,78 €Received	OTHER GRANTSSocial protection of the unemployed
14.02.2025	Eesti Töötukassa	356,77 €Received	OTHER GRANTSSocial protection of the unemployed
13.01.2025	Eesti Töötukassa	518,68 €Received	OTHER GRANTSSocial protection of the unemployed
13.12.2024	Eesti Töötukassa	424,46 €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


13.09.2024	Eesti TöötukassaAid measure 221265	Palgatoetus VTA › Palgatoetus VTAGrant	2 706,50 €	221265/2500211

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


favel.ee	Active	04.07.2010	09.02.2030

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.