INSTWORK OÜ

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 12872343
VAT no.VAT no.:: EE102049891
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 30.06.2015 (11 y)
Former business namesFormer business names:: Endorment Group UÜ
CapitalCapital:: 2 508 EUR
AddressAddress:: Põrguvälja tee 30, Rae küla, Rae vald, Harju maakond, 75310
StatusStatus:: Registered

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Contacts

PhonePhone:: +372 53001503
PhonePhone:: +372 55531420
EmailEmail:: veli@instwork.ee

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Industries

CONSTRUCTION
Construction of civil engineering projects
Construction of utility network projects
Construction of power and telecommunications lines
42221 – Construction of power and telecommunications lines

VAT liability

VAT no.	Start	End
EE102049891	01.03.2018	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	10.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	30.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	31.05.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	17.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	02.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	30.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	02.10.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	27.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	30.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	24.06.2018	Valid	PDF
2015	30.06.2015 – 31.12.2015	12.12.2016	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 29.09.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains1 Licenses1 Regulations10 Public transactions10 Grants–State aid1 Public procurement78 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	46 115 €	24 430 €	290 467 €−30,4%	10
2026 Q1	144 424 €	26 728 €	417 245 €+12,9%	9
Total 2026:	190 539 €	51 158 €	707 712 €
2025 Q4	62 464 €	28 898 €	369 594 €+2,4%	8
2025 Q3	74 961 €	29 147 €	360 802 €+70,6%	9
2025 Q2	36 047 €	28 103 €	211 462 €−13,8%	8
2025 Q1	75 642 €	32 034 €	245 249 €−12,0%	8
Total 2025:	249 114 €	118 182 €	1,19 M €
2024 Q4	57 048 €	23 294 €	278 682 €−26,1%	8
2024 Q3	74 277 €	26 491 €	376 941 €+202%	8
2024 Q2	45 227 €	24 367 €	124 612 €−49,1%	8
2024 Q1	114 447 €	25 327 €	244 819 €−47,8%	8
Total 2024:	290 999 €	99 479 €	1,03 M €
2023 Q4	66 111 €	28 932 €	469 173 €−6,5%	8
2023 Q3	113 778 €	35 382 €	501 843 €+57,0%	9
2023 Q2	35 231 €	27 786 €	319 558 €−43,6%	9
2023 Q1	118 321 €	23 854 €	566 302 €+45,8%	10
Total 2023:	333 441 €	115 954 €	1,86 M €
2022 Q4	62 181 €	24 446 €	388 310 €−21,4%	9
2022 Q3	86 477 €	27 402 €	494 073 €+43,8%	10
2022 Q2	49 272 €	21 191 €	343 579 €+55,9%	10
2022 Q1	36 134 €	19 845 €	220 322 €−54,6%	9
Total 2022:	234 064 €	92 884 €	1,45 M €
2021 Q4	112 946,55 €	19 536,49 €	484 871,74 €+191%	8
2021 Q3	33 646,76 €	19 494,30 €	166 608,35 €−14,6%	8
2021 Q2	37 636,71 €	16 819,11 €	195 159,87 €−43,1%	8
2021 Q1	76 752,62 €	20 057,71 €	342 889,16 €+52,2%	6
Total 2021:	260 982,64 €	75 907,61 €	1,19 M €
2020 Q4	37 597,73 €	18 346,11 €	225 284,26 €+58,9%	6
2020 Q3	20 739,11 €	17 895,62 €	141 820,29 €+2,6%	5
2020 Q2	26 291,25 €	15 582,59 €	138 210,46 €−39,7%	6
2020 Q1	48 037 €	12 339 €	229 291 €+122%	6
Total 2020:	132 665,09 €	64 163,32 €	734 606,01 €
2019 Q4	13 291 €	11 462 €	103 473 €−45,6%	5
2019 Q3	31 209 €	12 657 €	190 360 €+37,6%	6
2019 Q2	22 033 €	11 042 €	138 359 €+105%	6
2019 Q1	9 676 €	8 747 €	67 610 €−74,4%	6
Total 2019:	76 209 €	43 908 €	499 802 €
2018 Q4	40 999 €	3 798 €	264 398 €+650%	5
2018 Q3	7 206 €	2 832 €	35 276 €+16,1%	4
2018 Q2	4 382 €	535 €	30 391 €	3
2018 Q1	0 €	0 €	0 €	0
Total 2018:	52 587 €	7 165 €	330 065 €

Revenue by industry

	2023	2024	2025
Construction of power and telecommunications lines	1 595 162 €	981 564 €	1 325 364 €

Tax debts

No tax debt found

No tax debt as of 29.09.2026

Representatives

	Personal ID code
Eduard Terass	35706XXXXXX	23.06.1957 (69)	Board member	13.12.2018	-
Aleksandr Vronski	39003XXXXXX	28.03.1990 (36)	Board member	22.01.2018	-
Veli Hannus	37409XXXXXX	24.09.1974 (52)	Board member	22.01.2018	-

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Shareholders

	Personal ID code
Aleksandr Vronski	39003XXXXXX	28.03.1990 (36)	Shareholder	1 254 EUR	50,00%	Sole ownership	01.09.2023	-
Veli Hannus	37409XXXXXX	24.09.1974 (52)	Shareholder	1 254 EUR	50,00%	Sole ownership	01.09.2023	-

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Ultimate beneficial owners

	Personal ID code
Aleksandr Vronski	39003XXXXXX	28.03.1990 (36)	Direct holding	19.10.2018	-
Veli Hannus	37409XXXXXX	24.09.1974 (52)	Direct holding	19.10.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 290 467 €
Monthly average: 96 822 €
Per employee: 9 682 €
Equity ratio: 3 860,54%

Labour taxes

Turnover ratio: 8,41%
Tax ratio: 52,98%
Monthly average: 8 143 €
Per employee: 857 €

State taxes

Monthly average: 15 372 €
Turnover ratio: 15,88%

Estimated salary

Gross salary: 1 654 €
Net salary: 1 398 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	485 251 €+36,9%	354 332 €−45,4%	648 866 €+17,1%	554 256 €+40,9%	393 450 €+31,6%	298 948 €+10,9%	269 557 €
Non-current assets	335 187 €−13,2%	385 950 €−3,7%	400 651 €+3,9%	385 475 €+17,1%	329 059 €+57,0%	209 656 €+42,5%	147 156 €
Total assets	820 438 €+10,8%	740 282 €−29,5%	1 049 517 €+11,7%	939 731 €+30,1%	722 509 €+42,1%	508 604 €+22,1%	416 713 €
Short-term liabilities	196 035 €+48,1%	132 393 €−60,0%	330 802 €+73,2%	191 043 €+72,1%	111 001 €−14,6%	130 001 €−8,6%	142 227 €
Long-term liabilities	-	-	48 639 €−44,4%	87 427 €+5,7%	82 706 €+49,2%	55 415 €+57,9%	35 101 €
Total liabilities	196 035 €+48,1%	132 393 €−65,1%	379 441 €+36,3%	278 470 €+43,8%	193 707 €+4,5%	185 416 €+4,6%	177 328 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	445 381 €−18,9%	549 288 €+61,4%	340 241 €+3,0%	330 353 €+77,9%	185 748 €−8,5%	202 938 €+185%	71 153 €
Net profit	176 514 €+215%	56 093 €−82,9%	327 327 €−0,3%	328 400 €−3,6%	340 546 €+189%	117 742 €−29,0%	165 724 €
Equity	624 403 €+2,7%	607 889 €−9,3%	670 076 €+1,3%	661 261 €+25,0%	528 802 €+63,6%	323 188 €+35,0%	239 385 €
Turnover	1 325 364 €+35,0%	981 564 €−38,5%	1 595 162 €	1 595 078 €+52,2%	1 047 700 €+41,4%	741 014 €+6,5%	695 585 €
Profit margin	13,3%	5,7%	20,5%	20,6%	32,5%	15,9%	23,8%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	426 312 €	405 054 €
Liquidity
Current ratio	2,9	3,5
Quick ratio	2,9	3,5
Cash ratio	2,8	3,0
Efficiency
Days sales outstanding (dso)	8,3	14,5
Asset turnover	1,9	1,7
Structure
Debt ratio	0,3	0,3
Profitability
Operating margin	23,6%	35,8%
Net profit margin	20,6%	32,5%
Return on assets (roa)	39,5%	55,3%
Return on equity (roe)	49,7%	64,4%

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Licences & notices


Notice of economic activity	TEL003399	Electrical works	Valid	03.12.2018	-

Regulations


Ä 50010648 / 9	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 50010648 / 8	27.03.2019	Entry – Amendment entry	-	Entered into force27.03.2019
Ä 50010648 / 7	13.12.2018	Entry – Amendment entry	-	Entered into force13.12.2018
Ä 50010648 / 6	03.02.2018	Entry – Amendment entry	-	Entered into force03.02.2018
Ä 50010648 / M1	23.01.2018	Order to remedy deficiencies – Amendment entry	07.02.2018	Deficiencies remedied02.02.2018

Real estate

No real estate found

Company has no real estate

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

No official announcements found

Company has no issued official announcements

Public transactions


03.07.2025	Põhja-Pärnumaa Vallavalitsus	921,10 €Received	OPERATING EXPENSESPre-primary education
19.06.2025	Jõelähtme Vallavalitsus	47 243,89 €Received	NON-CURRENT ASSETSStreet lighting
30.05.2025	Jõelähtme Vallavalitsus	2 237,48 €Received	NON-CURRENT ASSETSTourism
30.12.2024	Rae Vallavalitsus	3 068,95 €Received	OPERATING EXPENSESPre-primary education
03.07.2024	Viimsi Vallavalitsus	13 531,02 €Received	NON-CURRENT ASSETSStreet lighting

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


31.12.2019	Põllumajanduse Registrite ja Informatsiooni AmetAid measure 18714	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Direktiivi 2003/96/EÜ kohaselt keskkonnamaksu vähendustena antav abi (artikkel 44)Tax rate reduction	6,38 €	18714/2074683

Public procurement contracts


03.06.2026End 03.08.2026	Harju maakond, Jõelähtme vald, Kallavere küla, Ülgase tee 30 detailplaneeringu ala liitumine (LC4382, IP8415)Reference number 311060 · Töövõtuleping	Elektrilevi OÜContracting authority	42 482,30 €	Completed
14.04.2026End 30.06.2026	Lääne maakond, Lääne-Nigula vald, Paslepa küla, Viigi arenduse liitumine (JT3238)Reference number 308638 · Töövõtuleping	Elektrilevi OÜContracting authority	11 060,65 €	Completed
08.04.2026End 29.05.2026	Harju maakond, Rae vald, Peetri alevik, Krati tee 10 elektritootja tingimuste muutmine (LC4313)Reference number 308068 · Töövõtuleping	Elektrilevi OÜContracting authority	10 430,60 €	Completed
31.03.2026End 12.06.2026	Harjumaa, Jõelähtme vald, Ülgase küla, Kuresilma tee 2 ja Aia tee 2, 3, 4 liitumine madalpingel (LC4659)Reference number 307623 · Töövõtuleping	Elektrilevi OÜContracting authority	9 143,90 €	Completed
18.02.2026End 17.04.2026	Rapla maakond, Kohila vald, Aespa alevik, Aruvälja haljak detailplaneeringuala liitumine (LC4315)Reference number 305662 · Töövõtuleping	Elektrilevi OÜContracting authority	9 609,25 €	Completed

.ee domains


instwork.ee	Active	11.01.2018	12.01.2029

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.