Smartup Grupp OÜRegistered
Key figures
1 236 947 €+29,6%
Revenue 2025
+57,0%
Average annual growth 2020–2025
Ratios
20256,1%
Profit margin
1,7%
EBITDA margin
50,7%
Equity ratio
2,5×
Current ratio
10,2%
Return on equity
1910 €
Average gross salary
Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 88 968 € | 12 | 35 856 € |
| Q1 2026 | 57 176 € | 13 | 31 184 € |
| Q4 2025 | 103 514 € | 12 | 32 816 € |
| Q3 2025 | 34 587 € | 14 | 57 969 € |
| Q2 2025 | 17 467 € | 17 | 46 624 € |
| Q1 2025 | 16 180 € | 15 | 35 050 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
Distributed as dividends 10 000 € (1% of distributable profit).
History
202510 000 €
20240 €
20230 €
20220 €
20210 €
20200 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 42 460 | 111 305 | 244 071 | 598 292 | 637 969 | 697 143 | 821 251 |
| Total non-current assets | — | — | 6225 | 6534 | 380 235 | 201 900 | 630 549 |
| Total assets | 42 460 | 111 305 | 250 296 | 604 826 | 1 018 204 | 899 043 | 1 451 800 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 20 545 | 74 366 | 65 245 | 207 388 | 211 707 | 228 268 | 331 339 |
| Non-current liabilities | — | — | — | — | 180 093 | 0 | 384 665 |
| Total liabilities | 20 545 | 74 366 | 65 245 | 207 388 | 391 800 | 228 268 | 716 004 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 19 359 | 19 359 | 34 383 | 182 496 | 394 882 | 623 848 | 658 219 |
| Profit for the year | 0 | 15 024 | 148 112 | 212 386 | 228 966 | 44 371 | 75 021 |
| Total equity | 21 915 | 36 939 | 185 051 | 397 438 | 626 404 | 670 775 | 735 796 |
| Income statement | |||||||
| Sales revenue | — | 129 595 | 970 983 | 1 539 928 | 1 552 321 | 954 221 | 1 236 947 |
| Operating profit | 0 | 15 024 | 147 085 | 354 935 | 286 429 | 74 534 | 19 499 |
| EBITDA | — | — | 149 160 | 357 805 | 289 762 | 77 960 | 20 850 |
| Profit before income tax | 0 | 15 024 | 148 862 | 314 296 | 288 964 | 61 480 | 75 021 |
| Profit for the reporting year | 0 | 15 024 | 148 112 | 212 386 | 228 966 | 44 371 | 75 021 |
| Labour costs | 0 | 69 215 | 449 011 | 739 987 | 823 105 | 520 076 | 695 190 |
| Depreciation of non-current assets | — | — | 2075 | 2870 | 3333 | 3426 | 1351 |
| Other indicators | |||||||
| Employees | 0 | 2 | 11 | 15 | 17 | 13 | 16 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 10 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Installation of other joinery products