Artify OÜRegistered
Key figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 51 216 € | 2 | 3238 € |
| Q2 2026 | 48 196 € | 2 | 3101 € |
| Q1 2026 | 46 288 € | 2 | 3060 € |
| Q4 2025 | 42 109 € | 2 | 3116 € |
| Q3 2025 | 41 402 € | 2 | 3197 € |
| Q2 2025 | 44 374 € | 2 | 8929 € |
| Q1 2025 | 645 726 € | 2 | 10 592 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 449 310 € (22% of distributable profit).
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 | 687 909 | 866 839 | 1 034 017 | 1 542 892 | 1 151 306 | 1 262 295 | 593 224 |
| Total non-current assets | 166 599 | 158 169 | 402 103 | 427 988 | 874 439 | 968 022 | 1 088 866 |
| Total assets | 854 508 | 1 025 008 | 1 436 120 | 1 970 880 | 2 025 745 | 2 230 317 | 1 682 090 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 93 640 | 121 768 | 170 145 | 449 994 | 104 388 | 156 584 | 16 695 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 93 640 | 121 768 | 170 145 | 449 994 | 104 388 | 156 584 | 16 695 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 385 894 | 638 056 | 854 428 | 1 233 663 | 1 430 371 | 1 833 608 | 1 621 611 |
| Profit for the year | 372 162 | 262 372 | 408 735 | 284 411 | 488 174 | 237 313 | 40 972 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 760 868 | 903 240 | 1 265 975 | 1 520 886 | 1 921 357 | 2 073 733 | 1 665 395 |
| Income statement | |||||||
| Sales revenue | 904 793 | 949 428 | 1 362 692 | 1 516 851 | 1 580 775 | 772 797 | 139 381 |
| Operating profit | 377 788 | 290 809 | 418 749 | 266 265 | 472 653 | 196 999 | 1379 |
| EBITDA | 403 066 | 312 389 | 440 882 | 291 546 | 497 958 | 216 900 | 20 261 |
| Profit before income tax | 377 787 | 292 374 | 420 249 | 291 795 | 504 240 | 253 642 | 46 613 |
| Profit for the reporting year | 372 162 | 262 372 | 408 735 | 284 411 | 488 174 | 237 313 | 40 972 |
| Labour costs | 293 028 | 423 772 | 529 078 | 710 575 | 667 560 | 327 100 | 44 550 |
| Depreciation of non-current assets | 25 278 | 21 580 | 22 133 | 25 281 | 25 305 | 19 901 | 18 882 |
| Other indicators | |||||||
| Employees | 10 | 11 | 14 | 18 | 17 | 8 | 2 |
| Calculated dividend | — | 120 000 | 46 000 | 29 500 | 87 703 | 84 937 | 449 310 |
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.
Summary: Artify OÜ
Overview
Artify OÜ (registry code 11698794) 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: Kristiine 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 EE101312600).
Financial results
Revenue in financial year 2025 was 139 381 €, down 82,0% on the previous year (772 797 €). From 2019 to 2025, revenue declined by an average of 26,8% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 40 972 € (29,4% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees (8 a year earlier). Revenue per employee was 69 691 €. At the end of financial year 2025, total assets were 1 682 090 € and equity 1 665 395 € (99,0% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 51 216 €, up 23,7% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 3238 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1130 € per month.
Management and owners
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
Data sources and freshness
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 30.06.2026. 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.