Float Project OÜ
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2025Summary: Float Project OÜ
What kind of company is it?
Float Project OÜ (registry code 11489103) 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: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is wholesale of sanitary equipment and construction materials n.e.c. (EMTAK 46832). The company is registered for VAT (VAT number EE101288860).
How is the company doing financially?
Revenue in financial year 2025 was 135 771 €, down 9,8% on the previous year (150 576 €). From 2019 to 2025, revenue declined by an average of 10,4% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 11 172 €. The company was profitable in 4 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 27 601 € and equity 6087 € (22,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 14 027 €, down 47,4% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 288 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 370 € 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 12.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 14 027 € | 1 | 288 € |
| Q2 2026 | 24 611 € | 1 | 290 € |
| Q1 2026 | 17 527 € | 1 | 287 € |
| Q4 2025 | 41 739 € | 1 | 285 € |
| Q3 2025 | 26 688 € | 1 | 285 € |
| Q2 2025 | 53 461 € | 1 | 285 € |
| Q1 2025 | 64 601 € | 1 | 434 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 310 079 | 291 498 | 213 086 | 150 576 | 135 771 |
| Net profit | 12 478 | 734 | −535 | −13 134 | −11 172 |
| Retained earnings | 14 904 | 27 382 | 28 116 | 27 581 | 14 447 |
| Total assets | 58 711 | 76 877 | 68 397 | 45 077 | 27 601 |
| Total liabilities | 28 517 | 45 949 | 38 004 | 27 818 | 21 514 |
| Total equity | 30 194 | 30 928 | 30 393 | 17 259 | 6087 |
| Employees | 1 | 1 | 1 | 0 | 0 |
| Average gross salary (monthly) | 1127 | 1148 | 1250 | — | — |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 |
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.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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