Convertal OÜ
RegisteredKey figures
Ratios
2025Summary: Convertal OÜ
What kind of company is it?
Convertal OÜ (registry code 11578363) is a private limited company (OÜ). The company was entered in the Commercial Register in 2009 and has been registered for 17 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is media representation (selling advertising space) (EMTAK 73121). The company is registered for VAT (VAT number EE101311371).
How is the company doing financially?
Revenue in financial year 2025 was 1 174 725 €, down 61,8% on the previous year (3 077 135 €). From 2019 to 2025, revenue declined by an average of 1,8% per year. Financial year 2025 ended with a loss of 71 619 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 8 employees (12 a year earlier). Revenue per employee was 146 841 €. At the end of financial year 2025, total assets were 220 968 € and equity 98 606 € (44,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 409 038 €, up 24,4% on the same quarter a year earlier. The company had 5 employees in that quarter. Labour taxes paid in the quarter: 29 004 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3510 € 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 (56,2%) is held by Ventures Consulting OÜ.
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 01.07.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 409 038 € | 5 | 29 004 € |
| Q2 2026 | 397 533 € | 7 | 34 802 € |
| Q1 2026 | 353 591 € | 7 | 31 628 € |
| Q4 2025 | 443 995 € | 6 | 34 889 € |
| Q3 2025 | 328 764 € | 7 | 38 363 € |
| Q2 2025 | 446 130 € | 7 | 36 592 € |
| Q1 2025 | 453 398 € | 7 | 44 569 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 39 546 € (19% of distributable profit).
Low confidence: in the same year part of the retained earnings moved to reserves or share capital, or a contribution was made — the exact dividend is unclear, the lower estimate is shown.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 4 617 148 | 5 968 974 | 9 107 984 | 3 077 135 | 1 174 725 |
| Net profit | 95 472 | 1087 | 5698 | 1181 | −71 619 |
| Retained earnings | 104 042 | 199 514 | 200 600 | 206 298 | 157 162 |
| Total assets | 911 893 | 667 507 | 2 278 180 | 457 070 | 220 968 |
| Total liabilities | 710 087 | 464 614 | 2 069 590 | 247 299 | 122 362 |
| Total equity | 201 806 | 202 893 | 208 590 | 209 771 | 98 606 |
| Employees | 15 | 12 | 12 | 12 | 8 |
| Average gross salary (monthly) | 1851 | 2264 | 2286 | 2197 | 2581 |
| Calculated dividend | 36 596 | 0 | 0 | 0 | 39 546 |
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 note7 clear
Data from public registers, not a credit rating.
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State aid and grants
2 recordsState aid and de minimis aid in total 49 896 € (2015–2020). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (49 896 €), Tallinna Linnakantselei (0 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Tallinna Linnakantselei | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 0 € | 01.04.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 49 896 € | 02.10.2015 |
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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