Welco Tartu OÜ

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 12931040
VAT no.VAT no.:: EE101829601
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 16.10.2015 (10 y)
CapitalCapital:: 2 500 EUR
AddressAddress:: Veski tn 18, Elva linn, Elva vald, Tartu maakond, 61508
StatusStatus:: Registered

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Contacts

PhonePhone:: +372 56456288
EmailEmail:: andres@welco.ee

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Industries

CONSTRUCTION
Specialised construction activities
Electrical installation and plumbing and other construction installation works
4321 – Electrical installation

VAT liability

VAT no.	Start	End
EE101829601	01.11.2015	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	25.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	11.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	28.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	12.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	17.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	28.05.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	17.06.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	19.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	10.05.2018	Valid	PDF
2016	16.10.2015 – 31.12.2016	20.06.2017	Valid	PDF

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No unsubmitted declarations as of 01.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains1 Licenses1 Regulations6 Public transactions58 Grants–State aid–Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	25 935 €	17 564 €	142 386 €−8,5%	5
2026 Q1	33 489 €	17 242 €	155 676 €−2,2%	5
Total 2026:	59 424 €	34 806 €	298 062 €
2025 Q4	31 953 €	19 140 €	159 168 €−5,4%	4
2025 Q3	24 961 €	16 044 €	168 295 €+14,0%	5
2025 Q2	23 549 €	14 738 €	147 602 €−19,1%	4
2025 Q1	30 845 €	13 910 €	182 478 €−4,1%	4
Total 2025:	111 308 €	63 832 €	657 543 €
2024 Q4	27 792 €	12 928 €	190 283 €+23,1%	4
2024 Q3	22 299 €	12 037 €	154 558 €−33,3%	4
2024 Q2	35 671 €	12 807 €	231 651 €−4,1%	4
2024 Q1	38 343 €	11 909 €	241 451 €+41,8%	4
Total 2024:	124 105 €	49 681 €	817 943 €
2023 Q4	17 721 €	11 171 €	170 228 €+35,4%	4
2023 Q3	18 256 €	11 171 €	125 711 €−27,4%	4
2023 Q2	22 456 €	10 267 €	173 138 €+10,2%	4
2023 Q1	21 764 €	12 479 €	157 143 €+2,4%	4
Total 2023:	80 197 €	45 088 €	626 220 €
2022 Q4	17 226 €	15 189 €	153 517 €−0,7%	4
2022 Q3	22 481 €	14 047 €	154 629 €−12,1%	5
2022 Q2	18 181 €	9 942 €	175 843 €−5,0%	5
2022 Q1	20 721 €	6 991 €	185 107 €+51,0%	4
Total 2022:	78 609 €	46 169 €	669 096 €
2021 Q4	5 772,08 €	6 289,53 €	122 568,12 €+40,2%	4
2021 Q3	8 499 €	6 537,66 €	87 405,03 €−38,2%	4
2021 Q2	13 287,19 €	6 537,66 €	141 383,82 €−35,6%	4
2021 Q1	22 721,56 €	6 537,66 €	219 613,78 €+94,1%	5
Total 2021:	50 279,83 €	25 902,51 €	570 970,75 €
2020 Q4	10 254,82 €	6 286,28 €	113 149,04 €+11,0%	5
2020 Q3	11 360,69 €	4 536,16 €	101 950,51 €−15,6%	5
2020 Q2	6 722,50 €	4 642,01 €	120 764,26 €−31,8%	4
2020 Q1	11 918 €	6 362 €	177 144 €−6,7%	4
Total 2020:	40 256,01 €	21 826,45 €	513 007,81 €
2019 Q4	10 335 €	5 861 €	189 966 €+40,8%	5
2019 Q3	10 849 €	5 501 €	134 964 €−11,3%	6
2019 Q2	14 115 €	8 899 €	152 181 €−41,1%	5
2019 Q1	20 329 €	9 843 €	258 406 €+50,4%	7
Total 2019:	55 628 €	30 104 €	735 517 €
2018 Q4	16 058 €	8 665 €	171 818 €+32,2%	7
2018 Q3	17 000 €	5 657 €	130 010 €+63,7%	5
2018 Q2	10 726 €	5 968 €	79 401 €−53,6%	6
2018 Q1	11 450 €	6 727 €	171 274 €+50,3%	6
Total 2018:	55 234 €	27 017 €	552 503 €
2017 Q4	7 720 €	5 174 €	113 969 €+25,3%	6
2017 Q3	8 974 €	3 989 €	90 946 €+25,6%	5
2017 Q2	7 194 €	4 752 €	72 386 €−80,1%	4
2017 Q1	61 420 €	4 399 €	363 567 €+198%	5
Total 2017:	85 308 €	18 314 €	640 868 €
2016 Q4	8 258 €	4 228 €	122 008 €+3,0%	4
2016 Q3	5 242 €	4 106 €	118 488 €+42,7%	4
2016 Q2	3 870 €	2 877 €	83 008 €+170%	4
2016 Q1	4 690 €	1 063 €	30 687 €	4
Total 2016:	22 060 €	12 274 €	354 191 €
2015 Q4	0 €	0 €	0 €	0
Total 2015:	0 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Electrical installation	695 586 €	764 844 €	624 663 €

Tax debts

No tax debt found

No tax debt as of 01.10.2026

Representatives

	Personal ID code
Andres Ariva	38207XXXXXX	30.07.1982 (44)	Board member	16.10.2015	-

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Shareholders

	Personal ID code
Andres Ariva	38207XXXXXX	30.07.1982 (44)	Shareholder	2 500 EUR	100,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Andres Ariva	38207XXXXXX	30.07.1982 (44)	Founder	15.10.2015	-

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Ultimate beneficial owners

	Personal ID code
Andres Ariva	38207XXXXXX	30.07.1982 (44)	Direct holding	03.09.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 142 386 €
Monthly average: 47 462 €
Per employee: 9 492 €
Equity ratio: 1 898,48%

Labour taxes

Turnover ratio: 12,34%
Tax ratio: 67,72%
Monthly average: 5 855 €
Per employee: 1 171 €

State taxes

Monthly average: 8 645 €
Turnover ratio: 18,21%

Estimated salary

Gross salary: 2 189 €
Net salary: 1 800 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	295 750 €−15,5%	350 197 €−5,0%	368 732 €+53,6%	240 031 €−27,0%	328 603 €+62,9%	201 728 €−36,5%	317 714 €
Non-current assets	10 901 €−20,4%	13 687 €+36,7%	10 011 €−29,5%	14 197 €+23,4%	11 501 €−17,0%	13 852 €−6,2%	14 771 €
Total assets	306 651 €−15,7%	363 884 €−3,9%	378 743 €+49,0%	254 228 €−25,2%	340 104 €+57,8%	215 580 €−35,2%	332 485 €
Short-term liabilities	61 608 €−34,9%	94 671 €−11,9%	107 490 €+69,3%	63 477 €−54,3%	139 010 €+110%	66 192 €−30,1%	94 728 €
Long-term liabilities	-	3 606 €−91,3%	-	41 331 €+1 700%	2 296 €−45,6%	4 222 €−30,9%	6 110 €
Total liabilities	61 608 €−37,3%	98 277 €−8,6%	107 490 €+2,6%	104 808 €−25,8%	141 306 €+101%	70 414 €−30,2%	100 838 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	237 857 €+14,1%	208 503 €+42,2%	146 669 €−25,2%	196 048 €+37,7%	142 416 €−31,7%	208 431 €+31,9%	157 980 €
Net profit	4 436 €−91,8%	54 354 €−55,4%	121 834 €+347%	-49 378 €−192%	53 632 €+181%	-66 015 €−193%	70 917 €
Equity	245 043 €−7,7%	265 607 €−2,1%	271 253 €+81,5%	149 420 €−24,8%	198 798 €+36,9%	145 166 €−37,3%	231 647 €
Turnover	624 663 €−18,3%	764 844 €+10,0%	695 586 €+14,9%	605 471 €−6,5%	647 445 €+30,8%	494 820 €−38,0%	798 458 €
Profit margin	0,7%	7,1%	17,5%	-8,2%	8,3%	-13,3%	8,9%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-44 123 €	58 175 €
Liquidity
Current ratio	3,8	2,4
Quick ratio	3,8	2,4
Cash ratio	0,7	0,2
Efficiency
Days sales outstanding (dso)	151,6	113,6
Asset turnover	2,0	2,3
Structure
Debt ratio	0,4	0,4
Profitability
Operating margin	-8,2%	8,3%
Net profit margin	-8,2%	8,3%
Return on assets (roa)	-16,6%	19,3%
Return on equity (roe)	-33,0%	27,0%

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Licences & notices


Notice of economic activity	TEL002751	Equipment works	Valid	18.03.2016	-

Regulations


Ä 50017050 / 6	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 50017050 / 5	15.07.2019	Entry – Amendment entry	-	Entered into force15.07.2019
Ä 50017050 / 4	19.01.2018	Entry – Amendment entry	-	Entered into force19.01.2018
Ä 50017050 / 3	20.12.2017	Entry – Amendment entry	-	Entered into force20.12.2017
Ä 50017050 / 2	10.12.2017	Entry – Amendment entry	-	Entered into force10.12.2017

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


30.06.2026	Tartu Ülikool	400,27 €Received	OPERATING EXPENSESTertiary education
17.06.2026	Sihtasutus Tartu Loomemajanduskeskus	1 910,22 €Received	OPERATING EXPENSESOther leisure, culture and religion, incl. administration
17.06.2026	Sihtasutus Tartu Loomemajanduskeskus	824,78 €Received	OPERATING EXPENSESOther leisure, culture and religion, incl. administration
20.04.2026	Tartu Ülikool	958,82 €Received	OPERATING EXPENSESTertiary education
14.04.2026	Sihtasutus Tartu Loomemajanduskeskus	5 240,07 €Received	OPERATING EXPENSESOther leisure, culture and religion, incl. administration

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


welco.ee	Active	04.07.2010	05.11.2026

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.