OÜ INITECRegistered
Tax debt 19 480 € as of 30.09.2026 (incl. 19 480 € in a payment schedule).Source: Tax and Customs Board
Annual report for 2025 not filed.
Key figures
784 748 €−8,6%
Revenue 2024
+3,9%
Average annual growth 2019–2024
Ratios
2024−17,9%
Profit margin
−4,9%
EBITDA margin
71,7%
Equity ratio
3,5×
Current ratio
−44,3%
Return on equity
3533 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 232 486 € | 4 | 23 370 € |
| Q1 2026 | 536 610 € | 4 | 25 125 € |
| Q4 2025 | 2 085 078 € | 4 | 36 563 € |
| Q3 2025 | 229 083 € | 5 | 18 232 € |
| Q2 2025 | 343 835 € | 5 | 25 441 € |
| Q1 2025 | 327 804 € | 5 | 22 198 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2024
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 426 013 | 496 128 | 508 684 | 523 137 | 629 056 | 434 822 |
| Total non-current assets | 12 555 | 17 269 | 11 748 | 5107 | 1390 | 6986 |
| Total assets | 438 568 | 513 397 | 520 432 | 528 244 | 630 446 | 441 808 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 120 047 | 142 062 | 119 114 | 107 600 | 173 157 | 124 932 |
| Non-current liabilities | — | — | — | — | — | — |
| Total liabilities | 120 047 | 142 062 | 119 114 | 107 600 | 173 157 | 124 932 |
| Share capital | 5112 | 5112 | 5112 | 5112 | 5112 | 5112 |
| Retained earnings of previous periods | 254 195 | 312 898 | 365 712 | 395 695 | 415 020 | 451 666 |
| Profit for the year | 58 703 | 52 814 | 29 983 | 19 326 | 36 646 | −140 413 |
| Reserves and other equity | 511 | 511 | 511 | 511 | 511 | 511 |
| Total equity | 318 521 | 371 335 | 401 318 | 420 644 | 457 289 | 316 876 |
| Income statement | ||||||
| Sales revenue | 646 609 | 630 434 | 667 614 | 668 273 | 858 349 | 784 748 |
| Operating profit | 58 702 | 52 813 | 29 982 | 19 325 | 36 644 | −40 129 |
| EBITDA | 64 368 | 59 451 | 38 035 | 25 966 | 40 361 | −38 760 |
| Profit before income tax | 58 703 | 52 814 | 29 983 | 19 326 | 36 646 | −140 413 |
| Profit for the reporting year | 58 703 | 52 814 | 29 983 | 19 326 | 36 646 | −140 413 |
| Labour costs | 108 547 | 126 043 | 131 433 | 153 285 | 156 426 | 204 134 |
| Depreciation of non-current assets | 5666 | 6638 | 8053 | 6641 | 3717 | 1369 |
| Other indicators | ||||||
| Employees | 4 | 5 | 5 | 5 | 5 | 5 |
| 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.
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