Elitec Group Osaühing

Registered
11321463Private limited company (OÜ)Founded 2006

Key figures

35 102 €+8946,9%
Revenue 2025
−6,5%
Average annual change 2019–2025
020 k40 k60 k80 k2019202020212022202320242025

Ratios

2025

Summary: Elitec Group Osaühing

What kind of company is it?

Elitec Group Osaühing (registry code 11321463) 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: Kuressaare linn, Saaremaa vald, Saare maakond. According to the latest annual report, the main activity is data processing, data management, data brokerage and similar activities (EMTAK 63102). The company is registered for VAT (VAT number EE101104274).

How is the company doing financially?

Revenue in financial year 2025 was 35 102 €, up 8947% on the previous year (388 €). From 2019 to 2025, revenue declined by an average of 6,5% per year. Financial year 2025 ended with a loss of 129 €. The company was profitable in 2 of the 7 published financial years. According to the report, the company had no employees in financial year 2025.

What do the latest quarters show?

According to the Tax and Customs Board, the company declared no turnover in Q3 2026.

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?

Equity was negative at the end of financial year 2025 (−3012 €). Equity is below half of the share capital (2556 €); in this case the Commercial Code requires measures to restore equity.

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 29.06.2026. 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 20260 €——
Q2 20269677 €—0 €
Q1 20260 €——
Q4 202535 000 €—0 €
Q3 20250 €——
Q2 20250 €—0 €
Q1 2025250 €—0 €

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

Summary of financial statements2021–2025
20212022202320242025
Sales revenue79 73934 26014 42838835 102
Net profit−2982794196−6572−129
Retained earnings2860−113681877−5695
Total assets22 74715 2939666539384
Total liabilities20 05711 800597734223396
Total equity269034933689−2883−3012
Employees00000
Average gross salary (monthly)—————
Calculated dividend00000

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 note6 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
Filed late: 2024
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.

Connections graph

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100%Elitec Group Osaühing5Asko Berens
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State aid and grants

3 records

State aid and de minimis aid in total 6874 € (2018). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (5700 €), Riigi Tugiteenuste Keskus (1174 €).

Show all aid records (3)
20186874 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusKoolitus VTA5700 €13.12.2018
Riigi Tugiteenuste KeskusMuu694 €10.10.2018
Riigi Tugiteenuste KeskusMuu480 €24.05.2018

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

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

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