SmartWatch OÜ
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2024Summary: SmartWatch OÜ
What kind of company is it?
SmartWatch OÜ (registry code 12090020) 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: Peetri alevik, Rae vald, Harju maakond. According to the latest annual report, the main activity is installation of alarm systems (EMTAK 43212). The company is registered for VAT (VAT number EE101547006).
How is the company doing financially?
Revenue in financial year 2024 was 57 081 €, up 42,3% on the previous year (40 117 €). From 2019 to 2024, revenue grew by an average of 14,8% per year. This is the company's highest revenue among the published years (2019–2024). Net profit for financial year 2024 was 12 589 € (22,1% of revenue). The company was profitable in 5 of the 6 published financial years. In financial year 2024 the company had 1 employees. Revenue per employee was 57 081 €. At the end of financial year 2024, total assets were 89 542 € and equity 87 840 € (98,1% of assets). Based on labour costs in the report, the estimated average gross salary was about 990 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 13 839 €, up 5,8% on the same quarter a year earlier. Labour taxes paid in the quarter: 2385 €.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is a private individual.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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) was filed on 10.06.2026. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 13 839 € | — | 2385 € |
| Q2 2026 | 12 517 € | — | 3180 € |
| Q1 2026 | 12 051 € | — | 1524 € |
| Q4 2025 | 14 027 € | — | 2916 € |
| Q3 2025 | 13 080 € | — | 2187 € |
| Q2 2025 | 18 116 € | — | 1458 € |
| Q1 2025 | 17 282 € | — | 2874 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 36 701 | 38 290 | 37 924 | 40 117 | 57 081 |
| Net profit | 10 494 | 10 333 | −1552 | 4362 | 12 589 |
| Retained earnings | 48 864 | 59 358 | 69 691 | 68 139 | 72 501 |
| Total assets | 63 292 | 74 248 | 71 833 | 76 042 | 89 542 |
| Total liabilities | 1184 | 1807 | 944 | 791 | 1702 |
| Total equity | 62 108 | 72 441 | 70 889 | 75 251 | 87 840 |
| Employees | 1 | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 702 | 597 | 800 | — | 994 |
| 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 issue6 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.