OÜ ITWorks

Registered
11169475Private limited company (OÜ)Founded 2005

Key figures

119 764 €+207,1%
Revenue 2025
+42,1%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: OÜ ITWorks

What kind of company is it?

OÜ ITWorks (registry code 11169475) is a private limited company (OÜ). The company was entered in the Commercial Register in 2005 and has been registered for 21 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is business and other management consultancy (EMTAK 70201). The company is registered for VAT (VAT number EE102867329).

How is the company doing financially?

Revenue in financial year 2025 was 119 764 €, up 207% on the previous year (39 000 €). From 2019 to 2025, revenue grew by an average of 42,1% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 101 425 € (84,7% of revenue). The company was profitable in all 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 147 079 € and equity 144 750 € (98,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 31 489 €, down 28,2% on the same quarter a year earlier.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is a private individual.

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
QuarterRevenueNumber of employeesLabour taxes
Q3 202631 489 €—0 €
Q2 202630 000 €—0 €
Q1 202630 000 €—0 €
Q4 202531 200 €—0 €
Q3 202543 873 €—0 €

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

Dividends

calculated
2025

Distributed as dividends 23 001 € (36% of distributable profit).

History
202523 001 €
20240 €
20230 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue48404800360039 000119 764
Net profit30052460360432 598101 425
Retained earnings22 09125 09527 55531 15940 756
Total assets27 66530 12433 72866 326147 079
Total liabilities————2329
Total equity27 66530 12433 72866 326144 750
Employees00000
Calculated dividend000023 001

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
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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100%OÜ ITWorks2Erki MärksKarin Märks
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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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