osaühing SOFTWARE ENGINEERING CENTERRegistered

10098862Private limited company (OÜ)Founded 1996

Key figures

214 955 €−21,5%
Revenue 2025
−12,0%
Average annual change 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k150 k2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202619 661 €25022 €
Q2 202619 028 €25022 €
Q1 2026252 781 €27254 €
Q4 202547 214 €25022 €
Q3 202515 344 €25022 €
Q2 202533 358 €25022 €
Q1 2025170 577 €28190 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
20230 €
20220 €
202110 000 €
20200 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets67 968109 89454 34996 29452 666117 72356 010
Total non-current assets12848241418692331901601
Total assets69 252110 71855 76796 98652 997118 62456 611
Balance sheet — liabilities and equity
Current liabilities51 01858 29515 47057 60213 95177 30527 659
Non-current liabilities———————
Total liabilities51 01858 29515 47057 60213 95177 30527 659
Share capital9585958595859585958595859585
Retained earnings of previous periods438769031 87929 75328 83928 50230 775
Profit for the year725234 189−2126−913−3372273−12 367
Reserves and other equity959959959959959959959
Total equity18 23452 42340 29739 38439 04641 31928 952
Income statement
Sales revenue461 809412 328358 354353 751327 750273 763214 955
Operating profit725234 184367−919−3422268−12 371
EBITDA734734 644857−193192599−12 071
Profit before income tax725234 189374−913−3372273−12 367
Profit for the reporting year725234 189−2126−913−3372273−12 367
Labour costs45 19563 76358 32561 76353 80056 19653 520
Depreciation of non-current assets95460490726361331300
Other indicators
Employees2222222
Calculated dividend—010 0000000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Risks and obligationsAll clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
20%40%osaühing SOFTWARE ENG…Olev EljasOsaühing NORDIC MANAG…
CompanyPersonShareholderOther roleAdditional link

Public procurement

1 contracts

Public contracts won worth 29 958 € from 1 contracting authorities (28.01.2024–28.01.2024).

Source: Public Procurement Register open data from October 2023. All public tenders

Annual reportsPDF, XBRL

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

Summary: osaühing SOFTWARE ENGINEERING CENTER

Overview

Osaühing SOFTWARE ENGINEERING CENTER (registry code 10098862) is a private limited company (OÜ). The company was entered in the Commercial Register in 1996 and has been registered for 29 years. Registered location: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is arvutite, arvuti välisseadmete ja tarkvara jaemüük (EMTAK 47401). The company is registered for VAT (VAT number EE100199277).

Financial results

Revenue in financial year 2025 was 214 955 €, down 21,5% on the previous year (273 763 €). From 2019 to 2025, revenue declined by an average of 12,0% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 12 367 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 107 478 €. At the end of financial year 2025, total assets were 56 611 € and equity 28 952 € (51,1% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 19 661 €, up 28,1% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 5022 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1640 € per month.

Management and owners

The company has one management board member. According to the register, the company has 2 owners. The largest stake (40%) is held by Osaühing NORDIC MANAGEMENT TECHNOLOGIES.

Data sources and freshness

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 17.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

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