Bitweb OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 788 817 € | 46 | 260 113 € |
| Q2 2026 | 863 983 € | 42 | 237 533 € |
| Q1 2026 | 876 140 € | 39 | 210 502 € |
| Q4 2025 | 852 517 € | 34 | 216 828 € |
| Q3 2025 | 769 337 € | 35 | 216 338 € |
| Q2 2025 | 826 718 € | 36 | 224 062 € |
| Q1 2025 | 882 711 € | 37 | 257 432 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 162 908 € (9% 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 | 642 402 | 792 261 | 552 288 | 894 292 | 1 457 192 | 1 428 955 | 1 969 122 |
| Total non-current assets | 324 409 | 484 696 | 634 413 | 530 868 | 735 378 | 860 449 | 818 788 |
| Total assets | 966 811 | 1 276 957 | 1 186 701 | 1 425 160 | 2 192 570 | 2 289 404 | 2 787 910 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 139 625 | 156 546 | 216 996 | 347 503 | 423 794 | 437 771 | 472 098 |
| Non-current liabilities | 0 | 39 792 | 52 292 | 41 643 | 75 805 | 26 268 | 21 006 |
| Total liabilities | 139 625 | 196 338 | 269 288 | 389 146 | 499 599 | 464 039 | 493 104 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 4648 |
| Retained earnings of previous periods | 883 752 | 854 852 | 1 077 802 | 896 601 | 1 018 201 | 1 660 159 | 1 657 553 |
| Profit for the year | −59 378 | 222 955 | −163 201 | 136 601 | 671 958 | 162 394 | 632 349 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 827 186 | 1 080 619 | 917 413 | 1 036 014 | 1 692 971 | 1 825 365 | 2 294 806 |
| Income statement | |||||||
| Sales revenue | 1 505 792 | 1 627 828 | 1 953 780 | 2 391 333 | 3 115 125 | 2 860 386 | 3 442 797 |
| Operating profit | −58 116 | 138 485 | −226 310 | 227 746 | 590 877 | 52 274 | 676 226 |
| EBITDA | −52 640 | 150 775 | −204 206 | 254 755 | 626 474 | 99 675 | 723 640 |
| Profit before income tax | −59 378 | 222 955 | −163 199 | 141 101 | 675 185 | 169 904 | 678 887 |
| Profit for the reporting year | −59 378 | 222 955 | −163 201 | 136 601 | 671 958 | 162 394 | 632 349 |
| Labour costs | 572 446 | 850 373 | 1 085 655 | 1 414 339 | 1 778 336 | 1 970 209 | 2 031 010 |
| Depreciation of non-current assets | 5476 | 12 290 | 22 104 | 27 009 | 35 597 | 47 401 | 47 414 |
| Other indicators | |||||||
| Employees | 20 | 26 | 32 | 35 | 36 | 35 | 37 |
| Calculated dividend | — | 0 | 0 | 18 000 | 15 001 | 30 000 | 162 908 |
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 note5 clear
Data from public registers, not a credit rating.
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Public procurement
19 contractsPublic contracts won worth 2 505 080 € from 12 contracting authorities (12.02.2024–01.07.2026). Plus 14 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Mentorteenus · Toote- ja teenusedisain | Sihtasutus Tallinna Teaduspark TEHNOPOL | up to 3600 € | 01.07.2026 |
| Mentorteenus · Tarkvaraarendus | Sihtasutus Tallinna Teaduspark TEHNOPOL | up to 1200 € | 01.07.2026 |
| Testija roll | Elering AS | 199 680 € | 16.06.2026 |
| SITREP arendus- ja hooldustööd | Siseministeeriumi infotehnoloogia- ja arenduskeskus | up to 1 500 000 € | 18.12.2025 |
| Rahvastikuregisti arendus- ja hooldustööd (raamhange) · Rahvastikuregister | Siseministeeriumi infotehnoloogia- ja arenduskeskus | up to 5 000 000 € | 26.11.2025 |
| Rahvastikuregisti arendus- ja hooldustööd (raamhange) · Testimine | Siseministeeriumi infotehnoloogia- ja arenduskeskus | up to 2 000 000 € | 26.11.2025 |
| Identiteediteenuste osakonna raamhange 2025-2029 | Siseministeeriumi infotehnoloogia- ja arenduskeskus | up to 20 000 000 € | 29.07.2025 |
| E-teenuste UI ja UX tööd | Tervise ja Heaolu Infosüsteemide Keskus | 2 000 000 € | 24.07.2025 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Bitweb OÜ
Overview
Bitweb OÜ (registry code 11737838) is a private limited company (OÜ). The company was entered in the Commercial Register in 2009 and has been registered for 16 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE101327323).
Financial results
Revenue in financial year 2025 was 3 442 797 €, up 20,4% on the previous year (2 860 386 €). From 2019 to 2025, revenue grew by an average of 14,8% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 632 349 € (18,4% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 37 employees (35 a year earlier). Revenue per employee was 93 049 €. At the end of financial year 2025, total assets were 2 787 910 € and equity 2 294 806 € (82,3% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 788 817 €, up 2,5% on the same quarter a year earlier. The company had 46 employees in that quarter. Labour taxes paid in the quarter: 260 113 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3430 € per month.
Management and owners
The management board has 2 members. According to the register, the company has 3 owners. The largest stake (55%) is held by Neural OÜ.
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 08.07.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (2549005TNF72DW0KXO06) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.