Osaühing SPINNAKERRegistered
Key figures
1 613 580 €+78,0%
Revenue 2025
+38,8%
Average annual growth 2019–2025
Ratios
202526,3%
Profit margin
30,3%
EBITDA margin
96,1%
Equity ratio
12×
Current ratio
30,5%
Return on equity
1531 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 317 342 € | 10 | 23 231 € |
| Q1 2026 | 180 208 € | 7 | 21 848 € |
| Q4 2025 | 288 985 € | 7 | 22 882 € |
| Q3 2025 | 783 519 € | 10 | 30 846 € |
| Q2 2025 | 352 917 € | 11 | 20 186 € |
| Q1 2025 | 210 468 € | 8 | 17 452 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 55 394 | 156 692 | 237 931 | 63 091 | 194 380 | 195 184 | 647 441 |
| Total non-current assets | 858 677 | 768 671 | 797 822 | 1 141 944 | 743 329 | 842 828 | 801 314 |
| Total assets | 914 071 | 925 363 | 1 035 753 | 1 205 035 | 937 709 | 1 038 012 | 1 448 755 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 34 075 | 52 286 | 65 015 | 57 695 | 62 594 | 44 881 | 56 092 |
| Non-current liabilities | 394 119 | 401 269 | 444 352 | 576 435 | 27 870 | 25 000 | 0 |
| Total liabilities | 428 194 | 453 555 | 509 367 | 634 130 | 90 464 | 69 881 | 56 092 |
| Share capital | 53 047 | 53 047 | 49 800 | 49 800 | 49 800 | 49 800 | 49 800 |
| Retained earnings of previous periods | 273 626 | 427 525 | 422 008 | 476 586 | 521 105 | 797 445 | 918 331 |
| Profit for the year | 153 899 | −14 069 | 54 578 | 44 519 | 276 340 | 120 886 | 424 532 |
| Reserves and other equity | 5305 | 5305 | — | — | — | — | — |
| Total equity | 485 877 | 471 808 | 526 386 | 570 905 | 847 245 | 968 131 | 1 392 663 |
| Income statement | |||||||
| Sales revenue | 225 247 | 112 467 | 287 378 | 607 263 | 649 290 | 906 740 | 1 613 580 |
| Operating profit | 82 994 | −97 541 | −13 440 | −22 597 | 214 212 | 125 958 | 422 699 |
| EBITDA | 126 435 | −45 806 | 39 822 | 35 195 | 270 657 | 191 918 | 488 144 |
| Profit before income tax | 153 899 | −14 069 | 54 578 | 44 519 | 276 340 | 120 886 | 424 532 |
| Profit for the reporting year | 153 899 | −14 069 | 54 578 | 44 519 | 276 340 | 120 886 | 424 532 |
| Labour costs | 0 | 2793 | 26 545 | 57 885 | 51 851 | 107 345 | 228 457 |
| Depreciation of non-current assets | 43 441 | 51 735 | 53 262 | 57 792 | 56 445 | 65 960 | 65 445 |
| Other indicators | |||||||
| Employees | 0 | 0 | 1 | 2 | 2 | 4 | 7 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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