Titanium Systems OÜ
RegisteredKey figures
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2025Summary: Titanium Systems OÜ
What kind of company is it?
Titanium Systems OÜ (registry code 10955148) is a private limited company (OÜ). The company was entered in the Commercial Register in 2003 and has been registered for 23 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE101053008).
How is the company doing financially?
Revenue in financial year 2025 was 6 850 970 €, down 35,8% on the previous year (10 675 871 €). From 2019 to 2025, revenue grew by an average of 14,4% per year. Net profit for financial year 2025 was 2 760 615 € (40,3% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 42 employees (9 a year earlier). Revenue per employee was 163 118 €. At the end of financial year 2025, total assets were 19 785 319 € and equity 18 789 576 € (95,0% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 2 592 791 €, up 57,8% on the same quarter a year earlier. The company had 43 employees in that quarter. Labour taxes paid in the quarter: 256 505 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3600 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is TS Holding OÜ.
Where does the data come from and how fresh is it?
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 30.06.2026. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 2 592 791 € | 43 | 256 505 € |
| Q2 2026 | 2 219 707 € | 47 | 228 176 € |
| Q1 2026 | 2 221 630 € | 45 | 239 022 € |
| Q4 2025 | 1 483 635 € | 45 | 228 934 € |
| Q3 2025 | 1 642 626 € | 45 | 231 854 € |
| Q2 2025 | 1 934 349 € | 46 | 210 765 € |
| Q1 2025 | 1 515 133 € | 43 | 53 596 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 2 797 361 | 3 551 113 | 4 458 386 | 10 675 871 | 6 850 970 |
| Net profit | 1 233 721 | 1 284 532 | 1 969 043 | 2 703 769 | 2 760 615 |
| Retained earnings | 8 827 640 | 10 061 361 | 11 345 893 | 13 314 936 | 16 017 961 |
| Total assets | 10 129 942 | 11 478 605 | 14 071 185 | 16 143 904 | 19 785 319 |
| Total liabilities | 65 769 | 129 900 | 753 437 | 122 387 | 995 743 |
| Total equity | 10 064 173 | 11 348 705 | 13 317 748 | 16 021 517 | 18 789 576 |
| Employees | 10 | 8 | 0 | 9 | 42 |
| Average gross salary (monthly) | 1764 | 1940 | — | — | — |
| Calculated dividend | 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.
Risks and obligations1 note6 clear
Data from public registers, not a credit rating.
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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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