OÜ Cellin Technologies

Registered
11543666Private limited company (OÜ)Founded 2008
Tax debt 6435 € as of 09.11.2026 (incl. 6435 € in a payment schedule).Source: Tax and Customs Board
Going concern uncertainty. In the 2024 report the auditor pointed to material uncertainty about the company's ability to continue as a going concern.
Qualified audit opinion. 2025 report: Qualified.

Key figures

69 352 €+1621,7%
Revenue 2025
+43,2%
Average annual growth 2019–2025
020 k40 k60 k80 k2019202020212022202320242025

Ratios

2025

Summary: OÜ Cellin Technologies

What kind of company is it?

OÜ Cellin Technologies (registry code 11543666) 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: Mustamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is research and development in natural sciences and engineering (EMTAK 72101). The company is registered for VAT (VAT number EE101262352).

How is the company doing financially?

Revenue in financial year 2025 was 69 352 €, up 1622% on the previous year (4028 €). From 2019 to 2025, revenue grew by an average of 43,2% per year. This is the company's highest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 821 023 €. The company made a loss in all 7 published financial years. In financial year 2025 the company had 8 employees (6 a year earlier). Revenue per employee was 8669 €. At the end of financial year 2025, total assets were 6 529 960 € and equity 4 357 924 € (66,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 11 280 €, up 179% on the same quarter a year earlier. The company had 9 employees in that quarter. Labour taxes paid in the quarter: 45 022 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3060 € per month.

Who runs the company and who owns it?

The company has one management board member. The supervisory board has 3 members. According to the register, the company has 12 owners. The largest stake (40,8%) is held by AS Taastava Kirurgia Kliinik.

What should you look out for?

In the report for financial year 2024, the auditor pointed to a material uncertainty about the company's ability to continue as a going concern.

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. Latest register change: 01.10.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 06.10.2026. 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 202611 280 €945 022 €
Q2 202615 161 €1030 094 €
Q1 20262252 €827 763 €
Q4 20253872 €725 904 €
Q3 20254044 €722 887 €
Q2 20251728 €715 823 €
Q1 202547 235 €716 084 €

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

Dividends

calculated
2025

Distributed as dividends 70 647 € (2% of distributable profit).

History
dividend other equity decrease
202570 647 €
20240 €
20230 €
20220 €
20210 €+60 000 € other
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue10 01517 4242448402869 352
Net profit−636 798−613 024−370 953−646 665−821 023
Retained earnings5 316 0574 611 0293 970 1873 599 2032 881 891
Total assets7 859 8647 623 0617 317 1266 848 0466 529 960
Total liabilities2 535 9202 153 8311 420 8361 598 4522 172 036
Total equity5 323 9445 469 2305 896 2905 249 5944 357 924
Employees35668
Average gross salary (monthly)29062598199024231917
Calculated dividend000070 647

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 issue2 notes5 clear
Register status
Registered
Business Register
Tax debt
6435 €
as of 09.11.2026 (incl. 6435 € in a payment schedule)
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: 2023, 2024, 2025
Business Register · 2023–2025
Auditor's opinion
Qualified
Business Register · 2025 annual report
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph12 of 16 people

Click a node to see its other connections.

40,8%17,49%10,79%8,59%8,11%5,3%3,42%2,26%OÜ Cellin TechnologiesAS Taastava Kirurgia …3AS INFO-AUTO1OÜ PostinvestGlobalex Europe OÜ1OÜ Kesaten InvestHollin Invest OÜKATAMER OÜ1M.K.K Investeeringute…9+Ivari Saar7Andrus Loog3Heinu Klaas2Tiit Meren
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

The graph shows the largest/first people in each role (12 of 16). All connections are listed on the “Related people” card.

State aid and grants

11 records

State aid and de minimis aid in total 1 298 405 € (2014–2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (1 298 405 €).

Show all aid records (11)
2025568 977 €
202410 901 €
2021712 200 €
2017726 €
2016687 €
20152462 €
20142452 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusTeadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringud533 033 €22.12.2025
Ettevõtluse ja Innovatsiooni SihtasutusT&A VTA35 944 €22.12.2025
Ettevõtluse ja Innovatsiooni SihtasutusEkspordi edendamine VTA10 061 €15.04.2024
Ettevõtluse ja Innovatsiooni SihtasutusEkspordi edendamine VTA840 €29.01.2024
Ettevõtluse ja Innovatsiooni SihtasutusKoolitusabi6000 €28.12.2021
Ettevõtluse ja Innovatsiooni SihtasutusVKEdele antav innovatsiooniabi (artikkel 28)12 500 €28.12.2021
Ettevõtluse ja Innovatsiooni SihtasutusTeadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringud693 700 €28.12.2021
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee726 €30.06.2017
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee687 €*31.05.2016
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee2462 €*30.04.2015
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee2452 €*30.04.2014

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 ↗

Change history

2 changes
  • 09.11.2026*Annual report 2025 filed
  • 01.10.2026Registry entry changed · persons

Entered in the register on 30.09.2008.

Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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