Division Red OÜ

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 14359756
VAT no.VAT no.:: EE102047806
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 26.10.2017 (8 y)
Former business namesFormer business names:: Punapuit OÜ
CapitalCapital:: 2 500 EUR
AddressAddress:: Männiku tee 1, Kandiküla, Tartu linn, Tartu maakond, 61404
StatusStatus:: Registered

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Contacts

PhonePhone:: +372 53426201
EmailEmail:: juhatus@dred.ee

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Industries

CONSTRUCTION
Specialised construction activities
Electrical installation and plumbing and other construction installation works
Electrical installation
43211 – Electrical installation works
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
EE102047806	20.02.2018	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	16.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	10.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	05.08.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	29.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	06.12.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	30.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	06.10.2020	Valid	PDF
2018	26.10.2017 – 31.12.2018	31.03.2020	Valid	PDF
2018	26.10.2017 – 31.12.2018	30.06.2019	Expired	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 30.09.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains2 Licenses1 Regulations11 Public transactions10 Grants–State aid1 Public procurement3 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	11 671 €	3 249 €	231 822 €+199%	2
2026 Q1	15 830 €	5 212 €	77 560 €−33,8%	2
Total 2026:	27 501 €	8 461 €	309 382 €
2025 Q4	22 373 €	7 026 €	117 132 €−44,2%	2
2025 Q3	0 €	5 452 €	209 839 €+197%	2
2025 Q2	9 200 €	3 937 €	70 737 €−68,8%	2
2025 Q1	43 585 €	6 363 €	226 894 €+104%	2
Total 2025:	75 158 €	22 778 €	624 602 €
2024 Q4	19 681 €	7 302 €	111 285 €−26,7%	2
2024 Q3	17 951 €	7 042 €	151 827 €+108%	3
2024 Q2	19 213 €	10 093 €	72 840 €+8,4%	3
2024 Q1	18 267 €	10 593 €	67 225 €−50,3%	4
Total 2024:	75 112 €	35 030 €	403 177 €
2023 Q4	21 007 €	10 390 €	135 223 €−32,2%	4
2023 Q3	41 875 €	23 990 €	199 559 €−42,5%	4
2023 Q2	39 553 €	18 779 €	347 058 €+82,9%	8
2023 Q1	31 685 €	12 380 €	189 703 €+14,0%	7
Total 2023:	134 120 €	65 539 €	871 543 €
2022 Q4	18 906 €	10 670 €	166 434 €−24,0%	4
2022 Q3	28 110 €	8 371 €	219 030 €+12,3%	5
2022 Q2	13 731 €	6 582 €	195 094 €+325%	3
2022 Q1	6 710 €	3 269 €	45 956 €−53,8%	2
Total 2022:	67 457 €	28 892 €	626 514 €
2021 Q4	4 294,05 €	3 143,98 €	99 529,26 €+215%	2
2021 Q3	5 536,82 €	3 395,82 €	31 559,59 €−22,9%	2
2021 Q2	6 381,42 €	3 234,08 €	40 953,54 €−34,1%	2
2021 Q1	6 867,54 €	1 980,86 €	62 115,96 €−39,7%	2
Total 2021:	23 079,83 €	11 754,74 €	234 158,35 €
2020 Q4	16 403,59 €	8 437,31 €	103 036,28 €+44,6%	1
2020 Q3	13 276,04 €	6 799,48 €	71 235,50 €+120%	5
2020 Q2	5 366,11 €	2 280,77 €	32 342,65 €+63,5%	3
2020 Q1	3 844 €	1 886 €	19 786 €+43,8%	2
Total 2020:	38 889,74 €	19 403,56 €	226 400,43 €
2019 Q4	3 548 €	2 035 €	13 758 €−15,1%	2
2019 Q3	3 682 €	2 459 €	16 211 €+46,1%	2
2019 Q2	3 259 €	1 836 €	11 097 €+4,2%	2
2019 Q1	3 822 €	2 233 €	10 647 €−46,0%	2
Total 2019:	14 311 €	8 563 €	51 713 €
2018 Q4	5 205 €	2 484 €	19 712 €+23,7%	2
2018 Q3	5 385 €	3 197 €	15 930 €+58,0%	2
2018 Q2	2 765 €	1 643 €	10 080 €+1 079%	2
2018 Q1	1 391 €	1 323 €	855 €	2
Total 2018:	14 746 €	8 647 €	46 577 €
2017 Q4	0 €	0 €	0 €	1
Total 2017:	0 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Electrical installation works			310 521 €
Construction of power and telecommunications lines		324 738 €	211 537 €
Construction of water, gas and sewerage projects	762 977 €

Tax debts

No tax debt found

No tax debt as of 25.08.2026

Representatives

	Personal ID code
Alar Avloi	38106XXXXXX	06.06.1981 (45)	Board member	23.07.2020	-
Magnar Vipre	38101XXXXXX	21.01.1981 (45)	Board member	26.10.2017	-

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Shareholders

	Personal ID code
Magnar Vipre	38101XXXXXX	21.01.1981 (45)	Shareholder	1 250 EUR	50,00%	Sole ownership	05.09.2023	-
Alar Avloi	38106XXXXXX	06.06.1981 (45)	Shareholder	1 250 EUR	50,00%	Sole ownership	05.09.2023	-

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Other persons

	Personal ID code
Magnar Vipre	38101XXXXXX	21.01.1981 (45)	Founder	25.10.2017	-

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Ultimate beneficial owners

	Personal ID code
Alar Avloi	38106XXXXXX	06.06.1981 (45)	Direct holding	02.04.2019	-
Magnar Vipre	38101XXXXXX	21.01.1981 (45)	Direct holding	20.10.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 231 822 €
Monthly average: 77 274 €
Per employee: 38 637 €
Equity ratio: 3 090,96%

Labour taxes

Turnover ratio: 1,40%
Tax ratio: 27,84%
Monthly average: 1 083 €
Per employee: 542 €

State taxes

Monthly average: 3 890 €
Turnover ratio: 5,03%

Estimated salary

Gross salary: 1 115 €
Net salary: 993 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	178 951 €−16,2%	213 597 €+67,2%	127 733 €+8,5%	117 681 €+289%	30 232 €−55,6%	68 161 €+278%	18 016 €
Non-current assets	2 799 €−10,4%	3 123 €−79,7%	15 352 €+116%	7 100 €−55,4%	15 933 €−35,1%	24 541 €+394%	4 969 €
Total assets	181 750 €−16,1%	216 720 €+51,5%	143 085 €+14,7%	124 781 €+170%	46 165 €−50,2%	92 702 €+303%	22 985 €
Short-term liabilities	26 319 €−36,3%	41 301 €+49,4%	27 646 €−12,3%	31 506 €+79,6%	17 546 €−17,8%	21 348 €+234%	6 391 €
Long-term liabilities	31 354 €−57,1%	73 138 €+308%	17 915 €+5,4%	17 000 €−29,2%	24 000 €	-	-
Total liabilities	57 673 €−49,6%	114 439 €+151%	45 561 €−6,1%	48 506 €+16,8%	41 546 €+94,6%	21 348 €+234%	6 391 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	99 781 €+5,0%	95 024 €+28,8%	73 775 €+3 382%	2 119 €−96,9%	68 854 €+389%	14 094 €+13,0%	12 471 €
Net profit	21 796 €+358%	4 757 €−77,6%	21 249 €−70,3%	71 656 €+207%	-66 735 €−222%	54 760 €+3 274%	1 623 €
Equity	124 077 €+21,3%	102 281 €+4,9%	97 524 €+27,9%	76 275 €+1 551%	4 619 €−93,5%	71 354 €+330%	16 594 €
Turnover	522 058 €+60,8%	324 738 €−57,4%	762 978 €+16,8%	653 059 €+235%	194 788 €−26,3%	264 389 €+386%	54 366 €
Profit margin	4,2%	1,5%	2,8%	11,0%	-34,3%	20,7%	3,0%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	80 784 €	-55 373 €
Liquidity
Current ratio	3,7	1,7
Quick ratio	2,9	1,7
Cash ratio	2,5	1,0
Efficiency
Days sales outstanding (dso)	7,1	46,1
Asset turnover	7,6	2,8
Structure
Debt ratio	0,4	0,9
Profitability
Operating margin	11,0%	-34,1%
Net profit margin	11,0%	-34,3%
Return on assets (roa)	83,8%	-96,1%
Return on equity (roe)	93,9%	-1 444,8%

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Licences & notices


Notice of economic activity	TEL004275	Equipment works	Valid	12.09.2022	-

Regulations


Ä 50068369 / 8	16.04.2025	Entry – Amendment entry	-	Entered into force16.04.2025
Ä 50068369 / M3	13.07.2024	Warning for deletion from register – annual report not filed	16.10.2024	Deficiencies remedied06.08.2024
Ä 50068369 / 7	05.09.2023	Entry – Amendment entry	-	Entered into force05.09.2023
Ä 50068369 / 6	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 50068369 / 5	23.07.2020	Entry – Amendment entry	-	Entered into force23.07.2020

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


19.08.2026	Tartu Ülikool	297,60 €Received	NON-CURRENT ASSETSTertiary education
27.07.2026	Rapla Vallavalitsus	142,60 €Received	OPERATING EXPENSESBasic and general secondary education
17.07.2026	Tartu Ülikool	20 087,38 €Received	NON-CURRENT ASSETSTertiary education
16.07.2026	Tartu Ülikool	5 016,42 €Received	OPERATING EXPENSESTertiary education
10.06.2026	Rapla Vallavalitsus	6 113,20 €Received	OPERATING EXPENSESPre-primary education

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


11.03.2020	Eesti TöötukassaAid measure 15461	Palgatoetus VTA › Palgatoetus VTAGrant	1 882,57 €	15461/2010302

Public procurement contracts


05.01.2026End 31.03.2026	Obinitsa külmhoone katusele päikeseelektrijaama rajamineReference number 302854 · Töövõtuleping	Energiaühistu Oma ElekterContracting authority	40 787,25 €	Completed
29.08.2024End 27.11.2024	Nõo lasteaia päikeseelektrijaama ehitamineReference number 282361 · Hankeleping	Nõo vallavalitsusContracting authority	16 183,03 €	Completed
05.05.2023End 05.01.2024	Muru tn 3 hoonele päikesepargi ja akupaki rajamineReference number 262365 · PROJEKTEERIMIS-JA EHITUSTÖÖDE TÖÖVÕTULEPING	Riigi Kinnisvara AktsiaseltsContracting authority	126 711,90 €actual 126 378 €	Completed

.ee domains


allimex.ee	Active	01.04.2024	02.04.2027
dred.ee	Active	12.04.2019	13.04.2027

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.