FROST FX OÜ

Registered
11366744Private limited company (OÜ)Founded 2007

Key figures

29 726 €−90,2%
Revenue 2025
−36,1%
Average annual change 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025

Summary: FROST FX OÜ

What kind of company is it?

FROST FX OÜ (registry code 11366744) 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 activities of advertising agencies (EMTAK 73111). The company is registered for VAT (VAT number EE101139058).

How is the company doing financially?

Revenue in financial year 2025 was 29 726 €, down 90,2% on the previous year (304 832 €). From 2019 to 2025, revenue declined by an average of 36,1% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 44 374 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 14 863 €. At the end of financial year 2025, total assets were 35 958 € and equity 31 158 € (86,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, the company declared no turnover in Q3 2026. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1220 € per month.

Who runs the company and who owns it?

The management board has 3 members. According to the register, the company has 3 owners. The largest stake (36%) is held by 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 10.07.2026. 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 €11774 €
Q2 20262100 €11383 €
Q1 20260 €11393 €
Q4 20252471 €11762 €
Q3 20256741 €12236 €
Q2 20257140 €12236 €
Q1 202516 014 €12126 €

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

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
202427 500 €
20230 €
20220 €
2021109 169 €
202067 500 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue393 858243 332152 105304 83229 726
Net profit40 142−97 98937 01944 387−44 374
Retained earnings73 811113 95318 79528 31472 701
Total assets144 55729 33275 50888 99535 958
Total liabilities27 77310 53716 86313 4634800
Total equity116 78418 79558 64575 53231 158
Employees86322
Average gross salary (monthly)1387160718681047657
Calculated dividend109 1690027 5000

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: 2025
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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36%36%28%FROST FX OÜ4Heiki Luts3Marko Post1Andres Kluge
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

7 records

State aid and de minimis aid in total 42 498 € (2011–2020). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (41 641 €), Tallinna Strateegiakeskus (857 €).

Show all aid records (7)
20203600 €
20191071 €
201724 €
201636 946 €
2011857 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusEkspordi edendamine VTA3600 €21.10.2020
Ettevõtluse ja Innovatsiooni SihtasutusMuu1071 €14.06.2019
Ettevõtluse ja Innovatsiooni SihtasutusMuu7 €07.09.2017
Ettevõtluse ja Innovatsiooni SihtasutusMuu17 €18.08.2017
Ettevõtluse ja Innovatsiooni SihtasutusMuu36 624 €08.07.2016
Ettevõtluse ja Innovatsiooni SihtasutusMuu322 €18.03.2016
Tallinna StrateegiakeskusMuu857 €01.12.2011

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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