Netbal OÜ
RegisteredKey figures
Ratios
2024/25Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Netbal OÜ
What kind of company is it?
Netbal OÜ (registry code 11933060) is a private limited company (OÜ). The company was entered in the Commercial Register in 2010 and has been registered for 16 years. Registered location: Kristiine linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer facilities and database management (EMTAK 62202). The company is registered for VAT (VAT number EE101432467).
How is the company doing financially?
Revenue in financial year 2024/25 was 295 534 €, up 44,7% on the previous year (204 189 €). From 2018/19 to 2024/25, revenue grew by an average of 16,4% per year. This is the company's highest revenue among the published years (2018/19–2024/25). Net profit for financial year 2024/25 was 315 433 € (107% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2024/25 the company had 2 employees. Revenue per employee was 147 767 €. At the end of financial year 2024/25, total assets were 1 777 633 € and equity 1 569 407 € (88,3% of assets). Based on labour costs in the report, the estimated average gross salary was about 880 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 65 865 €, down 0,6% on the same quarter a year earlier. Labour taxes paid in the quarter: 3168 €.
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 (50%) 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 2024/25) was filed on 30.03.2026. 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 (254900P6KU2PCRDD2L10) comes from the GLEIF database. 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 | 65 865 € | — | 3168 € |
| Q2 2026 | 92 639 € | — | 3168 € |
| Q1 2026 | 78 221 € | — | 3168 € |
| Q4 2025 | 68 145 € | — | 3168 € |
| Q3 2025 | 66 238 € | — | 3168 € |
| Q2 2025 | 70 719 € | — | 3168 € |
| Q1 2025 | 84 467 € | — | 3017 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 30 000 € (2% of distributable profit).
Summary of financial statements2021–2025
| 2020/21 | 2021/22 | 2022/23 | 2023/24 | 2024/25 | |
|---|---|---|---|---|---|
| Sales revenue | 37 885 | 26 778 | 128 258 | 204 189 | 295 534 |
| Net profit | 157 804 | −57 386 | 143 137 | 167 311 | 315 433 |
| Retained earnings | 870 297 | 1 028 100 | 970 714 | 1 113 851 | 1 251 162 |
| Total assets | 1 038 376 | 1 004 511 | 1 151 965 | 1 328 739 | 1 777 633 |
| Total liabilities | 7463 | 30 985 | 35 302 | 44 765 | 208 226 |
| Total equity | 1 030 913 | 973 526 | 1 116 663 | 1 283 974 | 1 569 407 |
| Employees | 2 | 2 | 2 | 2 | 2 |
| Average gross salary (monthly) | 597 | 601 | 704 | 791 | 877 |
| Calculated dividend | 0 | 0 | 0 | 0 | 30 000 |
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.
Connections graph
Click a node to see its other connections.
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- Bolt Operations OÜ1,5 bn €
- Telia Eesti AS363 m €
- Pipedrive OÜ237 m €
- Elisa Eesti AS224 m €
- pawaTech OÜ101 m €