RingIT OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 693 755 € | 27 | 172 311 € |
| Q2 2026 | 545 731 € | 22 | 168 072 € |
| Q1 2026 | 570 938 € | 22 | 171 078 € |
| Q4 2025 | 696 221 € | 21 | 161 235 € |
| Q3 2025 | 548 466 € | 21 | 165 398 € |
| Q2 2025 | 611 161 € | 22 | 165 612 € |
| Q1 2025 | 387 073 € | 22 | 140 574 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 35 000 € (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 | 573 494 | 716 331 | 769 792 | 722 689 | 567 197 | 523 083 | 632 187 |
| Total non-current assets | 58 635 | 53 206 | 122 444 | 177 664 | 214 209 | 140 861 | 72 880 |
| Total assets | 632 129 | 769 537 | 892 236 | 900 353 | 781 406 | 663 944 | 705 067 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 179 229 | 247 047 | 321 924 | 374 788 | 275 442 | 225 142 | 300 384 |
| Non-current liabilities | 0 | 0 | 40 115 | 0 | — | — | — |
| Total liabilities | 179 229 | 247 047 | 362 039 | 374 788 | 275 442 | 225 142 | 300 384 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 342 729 | 410 900 | 479 990 | 498 198 | 476 190 | 455 964 | 371 927 |
| Profit for the year | 107 671 | 109 090 | 268 207 | 245 367 | 14 774 | −49 037 | 881 |
| Reserves and other equity | — | — | −220 500 | −220 500 | 12 500 | 29 375 | 29 375 |
| Total equity | 452 900 | 522 490 | 530 197 | 525 565 | 505 964 | 438 802 | 404 683 |
| Income statement | |||||||
| Sales revenue | 1 311 363 | 1 330 603 | 1 890 613 | 2 176 866 | 1 842 844 | 1 567 549 | 2 329 764 |
| Operating profit | 123 850 | 118 407 | 326 596 | 307 850 | 17 868 | −52 023 | −1575 |
| EBITDA | 134 030 | 132 361 | 339 350 | 324 706 | 39 468 | −30 999 | 15 953 |
| Profit before income tax | 123 880 | 118 429 | 332 019 | 306 288 | 25 832 | −40 889 | 10 753 |
| Profit for the reporting year | 107 671 | 109 090 | 268 207 | 245 367 | 14 774 | −49 037 | 881 |
| Labour costs | 675 302 | 691 386 | 1 032 934 | 1 283 686 | 1 301 458 | 1 084 480 | 1 509 358 |
| Depreciation of non-current assets | 10 180 | 13 954 | 12 754 | 16 856 | 21 600 | 21 024 | 17 528 |
| Other indicators | |||||||
| Employees | 16 | 20 | 26 | 26 | 17 | 18 | 22 |
| Calculated dividend | — | 39 500 | 40 000 | 249 999 | 34 375 | 18 125 | 35 000 |
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.
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Public procurement
6 contractsPublic contracts won worth 14 176 700 € from 4 contracting authorities (21.10.2024–07.10.2026). Plus 1 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Arendusressursi ostmine Prospect'i ja CCB projekti jaoks | Eesti Energia AS | 676 700 € | 07.10.2026 |
| "Back-end arendaja roll" · Osa 2-2 | AKTSIASELTS EESTI LOTO | 1 500 000 € | 12.05.2026 |
| "Back-end arendaja roll" · Osa 1-4 | AKTSIASELTS EESTI LOTO | 1 500 000 € | 12.05.2026 |
| "Back-end arendaja roll" · Osa 1-3 | AKTSIASELTS EESTI LOTO | 1 500 000 € | 12.05.2026 |
| "Back-end arendaja roll" · Osa 1-2 | AKTSIASELTS EESTI LOTO | 1 500 000 € | 12.05.2026 |
| "Back-end arendaja roll" · Osa 1-1 | AKTSIASELTS EESTI LOTO | 1 500 000 € | 12.05.2026 |
| Füüsiliste isikute tulude deklareerimise teenuse arendus- ja hooldustööd · joint bid | Rahandusministeeriumi Infotehnoloogiakeskus | 5 000 000 € | 17.02.2026 |
| Back-end arendaja roll · Osa 4 | AKTSIASELTS EESTI LOTO | 250 000 € | 20.01.2026 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: RingIT OÜ
Overview
RingIT OÜ (registry code 12039823) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 15 years. Registered location: Kesklinna 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 EE101420547).
Financial results
Revenue in financial year 2025 was 2 329 764 €, up 48,6% on the previous year (1 567 549 €). From 2019 to 2025, revenue grew by an average of 10,1% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 881 € (0,0% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 22 employees (18 a year earlier). Revenue per employee was 105 898 €. At the end of financial year 2025, total assets were 705 067 € and equity 404 683 € (57,4% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 693 755 €, up 26,5% on the same quarter a year earlier. The company had 27 employees in that quarter. Labour taxes paid in the quarter: 172 311 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3840 € per month.
Management and owners
The management board has 2 members. According to the register, the company has 5 owners. The largest stake (55%) 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. The LEI code (984500B0D3F7OB0DD907) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.