Connected OÜRegistered
Key figures
1 551 339 €+68,7%
Revenue 2025
+45,7%
Average annual growth 2019–2025
Ratios
202518,1%
Profit margin
43,4%
Equity ratio
1,7×
Current ratio
82,5%
Return on equity
3494 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 397 152 € | 8 | 46 187 € |
| Q1 2026 | 439 323 € | 8 | 52 928 € |
| Q4 2025 | 403 028 € | 9 | 42 044 € |
| Q3 2025 | 480 208 € | 8 | 51 865 € |
| Q2 2025 | 323 249 € | 7 | 39 350 € |
| Q1 2025 | 292 608 € | 6 | 38 224 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
No dividends were distributed.
History
20250 €
2024180 000 €
2023232 000 €
20220 €
20210 €
20202309 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 31 169 | 34 623 | 106 607 | 410 693 | 310 456 | 227 904 | 775 952 |
| Total non-current assets | 112 710 | 112 710 | 193 289 | 95 500 | 10 000 | 10 000 | 10 000 |
| Total assets | 143 879 | 147 333 | 299 896 | 506 193 | 320 456 | 237 904 | 785 952 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 29 235 | 23 262 | 68 770 | 89 682 | 136 651 | 183 493 | 445 167 |
| Non-current liabilities | — | — | 51 534 | 0 | 0 | 0 | 0 |
| Total liabilities | 29 235 | 23 262 | 120 304 | 89 682 | 136 651 | 183 493 | 445 167 |
| Share capital | 2556 | 2555 | 2555 | 2555 | 2555 | 2555 | 2555 |
| Retained earnings of previous periods | 109 523 | 109 523 | 121 260 | 176 780 | 181 700 | 994 | 56 982 |
| Profit for the year | 2309 | 11 737 | 55 521 | 236 920 | −706 | 50 606 | 280 992 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 114 644 | 124 071 | 179 592 | 416 511 | 183 805 | 54 411 | 340 785 |
| Income statement | |||||||
| Sales revenue | 161 986 | 240 633 | 257 619 | 548 585 | 681 358 | 919 389 | 1 551 339 |
| Operating profit | 2309 | 11 737 | 59 304 | 239 554 | 59 891 | 87 719 | 279 144 |
| EBITDA | 2309 | 11 737 | 59 304 | 239 554 | 59 891 | 87 719 | — |
| Profit before income tax | 2309 | 11 737 | 55 521 | 236 920 | 57 294 | 88 862 | 280 992 |
| Profit for the reporting year | 2309 | 11 737 | 55 521 | 236 920 | −706 | 50 606 | 280 992 |
| Labour costs | 30 179 | 32 955 | 6836 | 10 778 | 145 373 | 209 385 | 429 286 |
| Depreciation of non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Other indicators | |||||||
| Employees | 1 | 1 | 1 | 2 | 3 | 6 | 8 |
| Calculated dividend | — | 2309 | 0 | 0 | 232 000 | 180 000 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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