GuardTime OÜRegistered
Key figures
Ratios
2024Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 36 747 € | 1 | 725 € |
| Q2 2026 | 31 776 € | — | 64 852 € |
| Q1 2026 | 222 218 € | 1 | 128 654 € |
| Q4 2025 | 716 243 € | 3 | 135 403 € |
| Q3 2025 | 802 463 € | 9 | 301 962 € |
| Q2 2025 | 1 797 021 € | 21 | 448 530 € |
| Q1 2025 | 1 449 805 € | 21 | 418 347 € |
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 | 7 729 916 | 8 696 544 | 8 121 182 | 8 424 532 | 10 578 061 | 10 140 109 |
| Total non-current assets | 742 602 | 803 738 | 424 088 | 548 656 | 234 876 | 202 580 |
| Total assets | 8 472 518 | 9 500 282 | 8 545 270 | 8 973 188 | 10 812 937 | 10 342 689 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 2 239 714 | 2 634 246 | 1 901 374 | 1 578 145 | 2 586 763 | 1 063 217 |
| Non-current liabilities | 1 322 551 | 1 045 441 | 431 314 | 398 204 | 111 704 | 19 893 |
| Total liabilities | 3 562 265 | 3 679 687 | 2 332 688 | 1 976 349 | 2 698 467 | 1 083 110 |
| Share capital | 34 641 | 34 641 | 34 641 | 34 641 | 34 641 | 34 641 |
| Retained earnings of previous periods | 53 000 | 301 124 | 1 211 466 | 1 603 453 | 2 387 710 | 3 505 341 |
| Profit for the year | 248 124 | 910 342 | 391 987 | 784 257 | 1 117 631 | 1 145 109 |
| Reserves and other equity | 4 574 488 | 4 574 488 | 4 574 488 | 4 574 488 | 4 574 488 | 4 574 488 |
| Total equity | 4 910 253 | 5 820 595 | 6 212 582 | 6 996 839 | 8 114 470 | 9 259 579 |
| Income statement | ||||||
| Sales revenue | 8 437 833 | 7 731 851 | 6 810 210 | 7 565 110 | 8 487 877 | 6 821 627 |
| Operating profit | 266 757 | 583 634 | 279 605 | 755 732 | 1 064 707 | 1 051 816 |
| EBITDA | 635 701 | 875 108 | 516 094 | 862 664 | 1 339 553 | 1 143 451 |
| Profit before income tax | 248 124 | 910 342 | 391 987 | 784 257 | 1 117 631 | 1 145 109 |
| Profit for the reporting year | 248 124 | 910 342 | 391 987 | 784 257 | 1 117 631 | 1 145 109 |
| Labour costs | 6 123 282 | 6 992 207 | 5 450 094 | 5 146 075 | 5 804 951 | 5 034 993 |
| Depreciation of non-current assets | 368 944 | 291 474 | 236 489 | 106 932 | 274 846 | 91 635 |
| Other indicators | ||||||
| Employees | 93 | 104 | 89 | 80 | 75 | 61 |
| 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 issue1 note4 clear
Data from public registers, not a credit rating.
Connections graph
Summary: GuardTime OÜ
Overview
GuardTime OÜ (registry code 11313216) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 19 years. Registered location: Kristiine 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 EE101114112).
Financial results
Revenue in financial year 2024 was 6 821 627 €, down 19,6% on the previous year (8 487 877 €). From 2019 to 2024, revenue declined by an average of 4,2% per year. Net profit for financial year 2024 was 1 145 109 € (16,8% of revenue). The company was profitable in all 6 published financial years. In financial year 2024 the company had 61 employees (75 a year earlier). Revenue per employee was 111 830 €. At the end of financial year 2024, total assets were 10 342 689 € and equity 9 259 579 € (89,5% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 36 747 €, down 95,4% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 725 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 620 € per month.
Management and owners
The company has one management board member.
Points to note
The annual report for financial year 2025 has not been filed on time. In the report for financial year 2024, the auditor pointed to a material uncertainty about the company's ability to continue as a going concern.
Data sources and freshness
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 2024) was filed on 27.06.2025. 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.