OÜ BitiMihkel
RegisteredKey figures
Ratios
2024Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: OÜ BitiMihkel
What kind of company is it?
OÜ BitiMihkel (registry code 11487382) is a private limited company (OÜ). The company was entered in the Commercial Register in 2008 and has been registered for 18 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 EE101266853).
How is the company doing financially?
Revenue in financial year 2025 was 87 600 €, up 8,6% on the previous year (80 680 €). From 2019 to 2025, revenue grew by an average of 12,9% per year. Net profit for financial year 2024 was 54 513 € (67,6% of revenue). The company was profitable in all 6 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 87 600 €. At the end of financial year 2024, total assets were 182 371 € and equity 179 723 € (98,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 30 098 €, up 49,0% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 3817 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2380 € 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.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 31.07.2025. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 30 098 € | 1 | 3817 € |
| Q2 2026 | 30 658 € | 1 | 3817 € |
| Q1 2026 | 25 050 € | 1 | 3799 € |
| Q4 2025 | 26 238 € | 1 | 3765 € |
| Q3 2025 | 20 198 € | 1 | 3765 € |
| Q2 2025 | 19 558 € | 1 | 3765 € |
| Q1 2025 | 19 678 € | 1 | 3722 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 23 655 € (16% of distributable profit).
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 52 600 | 67 044 | 103 400 | 79 960 | 80 680 |
| Net profit | 22 576 | 52 463 | 52 727 | 19 064 | 54 513 |
| Retained earnings | 166 223 | 170 799 | 174 262 | 126 989 | 122 398 |
| Total assets | 214 526 | 229 240 | 237 577 | 151 343 | 182 371 |
| Total liabilities | 22 915 | 3166 | 7776 | 2478 | 2648 |
| Total equity | 191 611 | 226 074 | 229 801 | 148 865 | 179 723 |
| Employees | 1 | 1 | 1 | 2 | 1 |
| Average gross salary (monthly) | 1100 | 1500 | 2008 | 1306 | 2268 |
| Calculated dividend | 80 001 | 18 000 | 49 000 | 100 000 | 23 655 |
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 issue6 clear
Data from public registers, not a credit rating.
Connections graph
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.