Update OÜ
RegisteredKey figures
Ratios
2025Summary: Update OÜ
What kind of company is it?
Update OÜ (registry code 11333822) is a private limited company (OÜ). The company was entered in the Commercial Register in 2007 and has been registered for 19 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 EE101122188).
How is the company doing financially?
Revenue in financial year 2025 was 76 662 €, down 26,2% on the previous year (103 935 €). From 2019 to 2025, revenue grew by an average of 9,3% per year. Net profit for financial year 2025 was 12 768 € (16,7% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 38 331 €. At the end of financial year 2025, total assets were 54 112 € and equity 49 588 € (91,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 23 693 €, up 28,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2949 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1890 € 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.
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 11.05.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 23 693 € | 1 | 2949 € |
| Q2 2026 | 31 686 € | 1 | 2949 € |
| Q1 2026 | 16 752 € | 1 | 3103 € |
| Q4 2025 | 24 759 € | 1 | 3514 € |
| Q3 2025 | 18 439 € | 1 | 3514 € |
| Q2 2025 | 15 184 € | 1 | 3514 € |
| Q1 2025 | 25 399 € | 1 | 3237 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 23 782 € (41% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 60 229 | 76 456 | 88 637 | 103 935 | 76 662 |
| Net profit | 4129 | 13 358 | 20 950 | 51 707 | 12 768 |
| Retained earnings | 24 289 | 6696 | 960 | 6339 | 34 264 |
| Total assets | 31 440 | 27 127 | 27 421 | 63 720 | 54 112 |
| Total liabilities | 210 | 4261 | 2955 | 3118 | 4524 |
| Total equity | 31 230 | 22 866 | 24 466 | 60 602 | 49 588 |
| Employees | 1 | 1 | 1 | 2 | 2 |
| Average gross salary (monthly) | 2111 | 1582 | 1754 | 675 | 850 |
| Calculated dividend | 0 | 21 722 | 19 094 | 15 571 | 23 782 |
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
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- Bolt Operations OÜ1,1 bn €
- Telia Eesti AS379 m €
- Elisa Eesti AS224 m €
- Pipedrive OÜ213 m €
- Tele2 Eesti Aktsiaselts85,2 m €