OÜ Inchworm Machines
RegisteredKey figures
Ratios
2025Summary: OÜ Inchworm Machines
What kind of company is it?
OÜ Inchworm Machines (registry code 11744577) 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: Kokora küla, Peipsiääre vald, Tartu 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 EE101375867).
How is the company doing financially?
Revenue in financial year 2025 was 33 179 €, down 59,0% on the previous year (80 970 €). From 2019 to 2025, revenue declined by an average of 15,4% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 21 759 €. The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 33 179 €. At the end of financial year 2025, total assets were 100 537 € and equity 99 303 € (98,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 11 895 €, up 21 928% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 1399 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 480 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (100%) is held by a private individual.
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 | 11 895 € | 3 | 1399 € |
| Q2 2026 | 14 566 € | 3 | 1399 € |
| Q1 2026 | 14 450 € | 3 | 1417 € |
| Q4 2025 | 23 103 € | 3 | 1453 € |
| Q3 2025 | 54 € | 3 | 1453 € |
| Q2 2025 | 14 631 € | 3 | 1453 € |
| Q1 2025 | 947 € | 3 | 1440 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 132 583 | 45 511 | 96 715 | 80 970 | 33 179 |
| Net profit | 37 533 | −26 652 | −20 027 | −2060 | −21 759 |
| Retained earnings | 129 583 | 167 116 | 140 464 | 120 437 | 118 377 |
| Total assets | 192 312 | 155 554 | 137 372 | 122 588 | 100 537 |
| Total liabilities | 22 511 | 12 405 | 14 250 | 1526 | 1234 |
| Total equity | 169 801 | 143 149 | 123 122 | 121 062 | 99 303 |
| Employees | 2 | 2 | 2 | 1 | 1 |
| Average gross salary (monthly) | 804 | 749 | 863 | 1305 | 1072 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 |
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 note6 clear
Data from public registers, not a credit rating.
Connections graph
State aid and grants
2 recordsState aid and de minimis aid in total 40 598 € (2015–2024). Largest grantors: Tallinna Tehnikaülikool (24 000 €), Ettevõtluse ja Innovatsiooni Sihtasutus (16 598 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Tallinna Tehnikaülikool | VKEdele antav innovatsiooniabi (artikkel 28) | 24 000 € | 08.11.2024 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 16 598 € | 04.12.2015 |
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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