Frendit Infra OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	29.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	30.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	30.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	29.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	29.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	19.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	07.07.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	28.06.2019	Valid	PDF
2017	15.12.2016 – 31.12.2017	29.01.2018	Valid	PDF

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No unsubmitted declarations as of 23.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains–Licenses1 Regulations6 Public transactions5 Grants–State aid–Public procurement8 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	57 069 €	34 474 €	439 816 €−16,8%	12
2026 Q2	79 219 €	31 944 €	528 392 €+91,4%	12
2026 Q1	39 553 €	27 694 €	276 041 €−14,3%	12
Total 2026:	175 841 €	94 112 €	1,24 M €
2025 Q4	51 194 €	32 661 €	322 057 €−38,3%	11
2025 Q3	66 739 €	36 443 €	521 674 €+16,1%	11
2025 Q2	56 137 €	33 078 €	449 294 €+56,1%	11
2025 Q1	33 635 €	32 545 €	287 829 €−39,8%	11
Total 2025:	207 705 €	134 727 €	1,58 M €
2024 Q4	66 672 €	37 253 €	478 066 €+13,9%	12
2024 Q3	44 672 €	32 544 €	419 578 €+44,6%	12
2024 Q2	44 572 €	31 418 €	290 102 €−0,5%	11
2024 Q1	54 863 €	29 094 €	291 559 €−39,9%	11
Total 2024:	210 779 €	130 309 €	1,48 M €
2023 Q4	67 663 €	31 644 €	485 037 €+3,8%	11
2023 Q3	58 470 €	35 578 €	467 379 €+25,0%	11
2023 Q2	46 046 €	25 597 €	373 851 €+84,9%	11
2023 Q1	33 293 €	24 923 €	202 147 €−31,0%	10
Total 2023:	205 472 €	117 742 €	1,53 M €
2022 Q4	57 636 €	32 214 €	292 994 €−35,4%	10
2022 Q3	66 844 €	32 560 €	453 443 €+35,0%	11
2022 Q2	40 139 €	24 273 €	335 999 €−12,6%	12
2022 Q1	67 621 €	32 212 €	384 487 €−10,6%	11
Total 2022:	232 240 €	121 259 €	1,47 M €
2021 Q4	45 032,37 €	32 356,41 €	430 052,47 €−8,3%	13
2021 Q3	88 148,82 €	35 795,55 €	468 962,80 €+14,6%	12
2021 Q2	56 348,49 €	33 691,94 €	409 347,65 €+84,5%	12
2021 Q1	21 225,48 €	29 206,87 €	221 851,07 €−36,7%	13
Total 2021:	210 755,16 €	131 050,77 €	1,53 M €
2020 Q4	43 062,62 €	35 827,35 €	350 682,52 €+4,6%	14
2020 Q3	50 106,72 €	33 325,96 €	335 217,80 €−4,8%	15
2020 Q2	57 042,24 €	31 365,02 €	352 117,18 €+29,5%	13
2020 Q1	60 250 €	27 858 €	271 977 €−36,0%	15
Total 2020:	210 461,58 €	128 376,33 €	1,31 M €
2019 Q4	55 280 €	33 466 €	424 939 €−18,8%	14
2019 Q3	68 814 €	32 609 €	523 642 €+50,0%	16
2019 Q2	54 422 €	13 235 €	349 104 €+92,7%	13
2019 Q1	43 237 €	13 828 €	181 135 €−39,2%	8
Total 2019:	221 753 €	93 138 €	1,48 M €
2018 Q4	52 890 €	33 067 €	298 009 €−33,5%	8
2018 Q3	50 906 €	22 207 €	448 037 €+67,3%	13
2018 Q2	0 €	9 834 €	267 776 €+65,0%	11
2018 Q1	31 216 €	10 627 €	162 241 €−35,0%	7
Total 2018:	135 012 €	75 735 €	1,18 M €
2017 Q4	25 843 €	9 514 €	249 566 €+44,3%	7
2017 Q3	14 795 €	9 510 €	172 923 €+17,6%	5
2017 Q2	12 109 €	8 481 €	147 086 €+355%	5
2017 Q1	6 061 €	2 406 €	32 334 €	5
Total 2017:	58 808 €	29 911 €	601 909 €
2016 Q4	0 €	0 €	0 €	0
Total 2016:	0 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Construction of water, gas and sewerage projects	1 501 233 €	1 440 424 €	1 587 557 €

Tax debts

No tax debt found

No tax debt as of 23.10.2026

Representatives

	Personal ID code
Oleg Vassiljev	37608XXXXXX	06.08.1976 (50)	Board member	28.12.2016	-
Rait Allik	37610XXXXXX	28.10.1976 (49)	Board member	15.12.2016	-

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Shareholders

	Personal ID code
Raial Invest OÜ	11706482	16.09.2009 (17)	Shareholder	2 500 EUR	100,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Rait Allik	37610XXXXXX	28.10.1976 (49)	Founder	14.12.2016	-

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Ultimate beneficial owners

	Personal ID code
Rait Allik	37610XXXXXX	28.10.1976 (49)	Indirect holding	30.10.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 439 816 €
Monthly average: 146 605 €
Per employee: 12 217 €
Equity ratio: 5 864,21%

Labour taxes

Turnover ratio: 7,84%
Tax ratio: 60,41%
Monthly average: 11 491 €
Per employee: 958 €

State taxes

Monthly average: 19 023 €
Turnover ratio: 12,98%

Estimated salary

Gross salary: 1 825 €
Net salary: 1 527 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	346 311 €−13,0%	397 869 €−19,7%	495 764 €+22,6%	404 306 €−1,0%	408 275 €+48,6%	274 670 €−20,2%	344 330 €
Non-current assets	175 149 €−33,6%	263 805 €+41,4%	186 506 €+20,9%	154 202 €−36,8%	243 812 €−4,5%	255 400 €+14,6%	222 806 €
Total assets	521 460 €−21,2%	661 674 €−3,0%	682 270 €+22,2%	558 508 €−14,4%	652 087 €+23,0%	530 070 €−6,5%	567 136 €
Short-term liabilities	151 678 €−44,2%	271 971 €−23,3%	354 457 €+65,0%	214 867 €−15,0%	252 836 €+17,4%	215 288 €−1,0%	217 393 €
Long-term liabilities	26 167 €−50,4%	52 747 €+147%	21 377 €−31,5%	31 185 €−50,4%	62 928 €+28,1%	49 115 €−7,6%	53 176 €
Total liabilities	177 845 €−45,2%	324 718 €−13,6%	375 834 €+52,7%	246 052 €−22,1%	315 764 €+19,4%	264 403 €−2,3%	270 569 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	334 206 €+10,0%	303 686 €+28,7%	235 909 €−15,4%	278 860 €+16,0%	240 342 €+13,2%	212 317 €+35,5%	156 681 €
Net profit	6 659 €−78,2%	30 520 €−55,0%	67 777 €+120%	30 846 €−66,9%	93 231 €+84,3%	50 600 €−63,1%	137 136 €
Equity	343 615 €+2,0%	336 956 €+10,0%	306 436 €−1,9%	312 456 €−7,1%	336 323 €+26,6%	265 667 €−10,4%	296 567 €
Turnover	1 587 557 €+10,2%	1 440 424 €−4,1%	1 501 233 €+8,9%	1 378 758 €−13,1%	1 586 912 €+19,2%	1 331 436 €−10,5%	1 486 998 €
Profit margin	0,4%	2,1%	4,5%	2,2%	5,9%	3,8%	9,2%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	137 631 €	202 543 €
Liquidity
Current ratio	1,9	1,6
Quick ratio	1,9	1,6
Cash ratio	0,8	0,6
Efficiency
Days sales outstanding (dso)	66,3	48,4
Asset turnover	2,3	2,7
Structure
Debt ratio	0,4	0,5
Profitability
Operating margin	2,9%	6,2%
Net profit margin	2,2%	5,9%
Return on assets (roa)	5,1%	15,8%
Return on equity (roe)	9,9%	27,7%

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Licences & notices


Notice of economic activity	EEH009828	Construction	Valid	27.03.2017	-

Regulations


Ä 50043349 / 6	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 50043349 / 5	19.01.2018	Entry – Amendment entry	-	Entered into force19.01.2018
Ä 50043349 / 4	22.12.2017	Entry – Amendment entry	-	Entered into force22.12.2017
Ä 50043349 / 3	12.12.2017	Entry – Amendment entry	-	Entered into force12.12.2017
Ä 50043349 / 2	28.12.2016	Entry – Amendment entry	-	Entered into force28.12.2016

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


20.05.2025	Tartu Linnavalitsus	19 327,24 €Received	OPERATING EXPENSESRoad transport
20.05.2025	Tartu Linnavalitsus	17 461,86 €Received	NON-CURRENT ASSETSRoad transport
05.06.2023	Räpina Vallavalitsus	168 €Received	OPERATING EXPENSESRecreational parks and facilities
31.05.2023	Tartu Linnavalitsus	3 075 €Received	OPERATING EXPENSESRoad transport
28.05.2021	Põlva Vallavalitsus	9 720 €Received	NON-CURRENT ASSETSRoad transport

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


19.02.2026End 01.07.2026	Reference number 304384 · EHITUSE TÖÖVÕTULEPING	aktsiaselts Tartu VeevärkContracting authority	422 100 €	Concluded
24.03.2025End 24.06.2026	Reference number 288558 · Töövõtuleping	AS Emajõe VeevärkContracting authority	235 874,12 €actual 244 235,12 €	Completed
12.09.2024End 30.07.2025	Reference number 282240 · Ehituse töövõtuleping	aktsiaselts Tartu VeevärkContracting authority	471 000 €	Completed
08.12.2022End 31.05.2024	Reference number 254512 · Töövõtuleping	AS Emajõe VeevärkContracting authority	297 246 €actual 291 690 €	Completed
10.12.2020End 30.09.2021	Reference number 229310 · Ehitustöövõtuleping	Osaühing Ramsi VKContracting authority	384 304,20 €actual 371 161 €	Completed

.ee domains

No domains found

Company has no valid .ee domains

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.