Project Solv OÜ

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 16948209
VAT no.VAT no.:: EE102720440
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 21.03.2024 (2 y)
CapitalCapital:: 10 EUR
AddressAddress:: Tsänikõrtsi, Restu küla, Otepää vald, Valga maakond, 67006
StatusStatus:: Registered

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Contacts

PhonePhone:: +372 58849922
EmailEmail:: silver.illak@gmail.com

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Industries

MANUFACTURING
Wood processing and manufacture of wood and cork products, except furniture; manufacture of articles of straw and plaiting materials
Manufacture of products of wood, cork, straw and plaiting materials
Manufacture of other wood products and articles of cork, straw or plaiting materials
16281 – Manufacture of wooden household and decorative articles and other wood products

VAT liability

VAT no.	Start	End
EE102720440	22.03.2024	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	18.06.2026	Valid	PDF
2024	21.03.2024 – 31.12.2024	17.06.2025	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 29.09.2026.

Delayed declarations

VAT return

20.10.2025

24.10.2025

4 d overdue

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains2 Licenses–Regulations1 Public transactions9 Grants–State aid–Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	669 €	145 €	7 826 €−31,7%	-
2026 Q1	737 €	115 €	11 456 €+29,0%	1
Total 2026:	1 406 €	260 €	19 282 €
2025 Q4	1 436 €	335 €	8 880 €+7,7%	1
2025 Q3	863 €	80 €	8 248 €+31,0%	1
2025 Q2	437 €	0 €	6 298 €−1,8%	-
2025 Q1	514 €	230 €	6 414 €+8,0%	-
Total 2025:	3 250 €	645 €	29 840 €
2024 Q4	638 €	460 €	5 937 €+17,5%	-
2024 Q3	373 €	230 €	5 054 €+76,9%	1
2024 Q2	0 €	0 €	2 857 €	-
2024 Q1	-	-	-	-
Total 2024:	1 011 €	690 €	13 848 €

Revenue by industry

	2024	2025
Manufacture of wooden household and decorative articles and other wood products	15 757 €	32 495 €

Tax debts

No tax debt found

No tax debt as of 29.09.2026

Representatives

	Personal ID code
Silver Illak	38405XXXXXX	11.05.1984 (42)	Board member	21.03.2024	-

Shareholders

	Personal ID code
Silver Illak	38405XXXXXX	11.05.1984 (42)	Shareholder	10 EUR	100,00%	Sole ownership	21.03.2024	-

Other persons

	Personal ID code
Silver Illak	38405XXXXXX	11.05.1984 (42)	Founder	20.03.2024	-

Ultimate beneficial owners

	Personal ID code
Silver Illak	38405XXXXXX	11.05.1984 (42)	Direct holding	21.03.2024	-

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 7 826 €
Monthly average: 2 609 €
Per employee: -
Equity ratio: 26 086,67%

Labour taxes

Turnover ratio: 1,85%
Tax ratio: 21,67%
Monthly average: 48 €
Per employee: 97 €

State taxes

Monthly average: 223 €
Turnover ratio: 8,55%

Estimated salary

Gross salary: 356 €
Net salary: 344 €

Aggregate data

	2025	2024
Current assets	11 195 €+181%	3 987 €
Non-current assets	-	-
Total assets	11 195 €+181%	3 987 €
Short-term liabilities	2 500 €−55,9%	5 664 €
Long-term liabilities	1 454 €	-
Total liabilities	3 954 €−30,2%	5 664 €
Share or stock capital	-	-
Retained earnings	-1 687 €−16 970%	10 €
Net profit	8 918 €+629%	-1 687 €
Equity	7 241 €+532%	-1 677 €
Turnover	32 495 €+106%	15 757 €
Profit margin	27,4%	-10,7%

Financial ratios

	2025	2024
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio
Quick ratio
Cash ratio
Efficiency
Days sales outstanding (dso)
Asset turnover
Structure
Debt ratio
Profitability
Operating margin
Net profit margin
Return on assets (roa)
Return on equity (roe)

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 50251113	21.03.2024	Entry – Initial entry	-	Entered into force21.03.2024

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


10.05.2026	Sihtasutus Võrumaa Arenduskeskus	930 €Received	OPERATING EXPENSESOther general services
13.02.2026	Sihtasutus Võrumaa Arenduskeskus	1 674 €Received	OPERATING EXPENSESOther general services
18.11.2025	Tartu Ülikool	248 €Received	OPERATING EXPENSESTertiary education
31.10.2025	Elva Vallavalitsus	308,80 €Received	OPERATING EXPENSESOther education, incl. education administration
31.10.2025	Elva Vallavalitsus	767,87 €Received	OPERATING EXPENSESPre-primary education

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


tsanikortsi.ee	Active	13.07.2026	14.07.2028
tsänikõrtsi.ee	Active	13.07.2026	14.07.2028

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.