Armstrong Group OÜ
RegisteredKey figures
Ratios
2024Summary: Armstrong Group OÜ
What kind of company is it?
Armstrong Group OÜ (registry code 11280787) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 20 years. Registered location: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is accounting and tax consultancy (EMTAK 69202). The company is registered for VAT (VAT number EE101494308).
How is the company doing financially?
Revenue in financial year 2024 was 125 411 €, up 32,6% on the previous year (94 595 €). From 2019 to 2024, revenue grew by an average of 8,4% per year. This is the company's highest revenue among the published years (2019–2024). Net profit for financial year 2024 was 6969 € (5,6% of revenue). The company was profitable in 5 of the 6 published financial years. In financial year 2024 the company had 2 employees. Revenue per employee was 62 706 €. At the end of financial year 2024, total assets were 52 638 € and equity 48 740 € (92,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 11 297 €, down 40,9% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 1469 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 630 € per month.
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.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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. Latest register change: 20.10.2026. Financial figures come from annual reports; the latest report (financial year 2024) was filed on 01.09.2025. 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 | 11 297 € | 2 | 1469 € |
| Q2 2026 | 10 456 € | 2 | 2134 € |
| Q1 2026 | 15 849 € | 2 | 2341 € |
| Q4 2025 | 11 482 € | 1 | 1246 € |
| Q3 2025 | 19 104 € | 1 | 1727 € |
| Q2 2025 | 14 148 € | 1 | 2063 € |
| Q1 2025 | 18 579 € | 1 | 1773 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 56 431 | 72 605 | 85 480 | 94 595 | 125 411 |
| Net profit | −7915 | 5391 | 3470 | 8680 | 6969 |
| Retained earnings | 29 333 | 21 418 | 26 809 | 30 279 | 38 959 |
| Total assets | 39 359 | 59 906 | 48 954 | 48 081 | 52 638 |
| Total liabilities | 8629 | 23 785 | 15 363 | 6310 | 3898 |
| Total equity | 30 730 | 36 121 | 33 591 | 41 771 | 48 740 |
| Employees | 2 | 2 | 2 | 2 | 2 |
| Average gross salary (monthly) | 354 | 496 | 547 | 656 | 788 |
| 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 obligations2 issues5 clear
Data from public registers, not a credit rating.
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Change history
4 changes- 09.11.2026*Left: Shareholder
- 09.11.2026*Left: Shareholder Lembe Mõttus
- 09.11.2026*Left: Management board member Lembe Mõttus
- 20.10.2026Registry entry changed · persons
Entered in the register on 17.08.2006.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).