Techspinex OÜ

Registered
11053264Private limited company (OÜ)Founded 2004
Qualified audit opinion. 2023 report: Qualified.

Key figures

2 256 135 €−19,1%
Revenue 2025
−24,7%
Average annual change 2019–2025
010 m20 m30 m40 m2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: Techspinex OÜ

What kind of company is it?

Techspinex OÜ (registry code 11053264) is a private limited company (OÜ). The company was entered in the Commercial Register in 2004 and has been registered for 22 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE100912085).

How is the company doing financially?

Revenue in financial year 2025 was 2 256 135 €, down 19,1% on the previous year (2 790 319 €). From 2019 to 2025, revenue declined by an average of 24,7% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 19 586 € (0,9% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 23 employees (30 a year earlier). Revenue per employee was 98 093 €. At the end of financial year 2025, total assets were 5 917 010 € and equity 5 457 206 € (92,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 353 901 €, down 33,8% on the same quarter a year earlier. The company had 9 employees in that quarter. Labour taxes paid in the quarter: 170 929 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 11 010 € per month.

Who runs the company and who owns it?

The management board has 2 members.

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 27.05.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026353 901 €9170 929 €
Q2 2026352 544 €1194 766 €
Q1 2026476 539 €11267 133 €
Q4 2025594 038 €13188 109 €
Q3 2025534 874 €22228 243 €
Q2 2025566 966 €23177 073 €
Q1 2025639 435 €24175 165 €

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 €
20242 400 000 €
20230 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue21 933 00833 321 1683 829 4462 790 3192 256 135
Net profit1 193 7972 010 935205 918−470 76519 586
Retained earnings4 656 2976 088 7218 099 6565 905 5745 434 808
Total assets9 629 7198 740 8468 843 3876 420 0435 917 010
Total liabilities3 776 813638 378535 001982 422459 804
Total equity5 852 9068 102 4688 308 3865 437 6215 457 206
Employees17079463023
Average gross salary (monthly)35793980375141855308
Calculated dividend0002 400 0000

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)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

Techspinex OÜ1Indrek JuhaniJulia Saburova
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

13 records

State aid and de minimis aid in total 3260 € (2016–2019). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (3260 €).

Show all aid records (13)
2019803 €
20181151 €
2017825 €
2016481 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusMuu794 €12.04.2019
Ettevõtluse ja Innovatsiooni SihtasutusMuu9 €13.02.2019
Ettevõtluse ja Innovatsiooni SihtasutusMuu20 €16.11.2018
Ettevõtluse ja Innovatsiooni SihtasutusMuu16 €12.07.2018
Ettevõtluse ja Innovatsiooni SihtasutusMuu1103 €17.04.2018
Ettevõtluse ja Innovatsiooni SihtasutusMuu12 €15.03.2018
Ettevõtluse ja Innovatsiooni SihtasutusMuu10 €19.10.2017
Ettevõtluse ja Innovatsiooni SihtasutusMuu761 €10.10.2017
Ettevõtluse ja Innovatsiooni SihtasutusMuu13 €17.08.2017
Ettevõtluse ja Innovatsiooni SihtasutusMuu22 €13.07.2017
Ettevõtluse ja Innovatsiooni SihtasutusMuu19 €08.06.2017
Ettevõtluse ja Innovatsiooni SihtasutusMuu469 €09.04.2016
Ettevõtluse ja Innovatsiooni SihtasutusMuu12 €11.03.2016

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL
YearFiles
2025DDOC/BDOCPDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL
2019DDOC/BDOCPDFXBRL

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

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Same activity — Computer programming
Same address

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