Neotech Development OÜRegistered
Qualified audit opinion. 2023 report: Disclaimer of opinion.
Key figures
12 400 980 €−4,3%
Revenue 2025
+11,7%
Average annual growth 2019–2025
Ratios
20252,3%
Profit margin
2,9%
EBITDA margin
75,1%
Equity ratio
1,0×
Current ratio
7,4%
Return on equity
4514 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 3 034 354 € | 126 | 953 509 € |
| Q1 2026 | 3 632 149 € | 128 | 1 165 337 € |
| Q4 2025 | 3 038 613 € | 131 | 971 249 € |
| Q3 2025 | 3 252 303 € | 136 | 1 014 025 € |
| Q2 2025 | 3 346 063 € | 138 | 1 046 337 € |
| Q1 2025 | 3 333 739 € | 146 | 1 120 350 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
No dividends were distributed.
History
20250 €
2024113 754 €
2023152 816 €
2022171 382 €
2021200 000 €
2020264 148 €
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 | 336 225 | 784 642 | 748 785 | 821 908 | 761 030 | 584 227 | 1 288 889 |
| Total non-current assets | 1 421 000 | 1 421 715 | 1 639 914 | 1 621 072 | 3 852 980 | 3 876 635 | 3 843 792 |
| Total assets | 1 757 225 | 2 206 357 | 2 388 699 | 2 442 980 | 4 614 010 | 4 460 862 | 5 132 681 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 428 473 | 520 229 | 778 802 | 483 669 | 2 842 527 | 890 299 | 1 276 971 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 428 473 | 520 229 | 778 802 | 483 669 | 2 842 527 | 890 299 | 1 276 971 |
| Share capital | 5102 | 5102 | 5102 | 5102 | 5102 | 5102 | 5102 |
| Retained earnings of previous periods | 1 172 975 | 1 058 992 | 1 480 516 | 1 432 903 | 1 800 883 | 1 652 117 | 3 564 951 |
| Profit for the year | 150 165 | 621 524 | 123 769 | 520 796 | −35 012 | 1 912 834 | 285 147 |
| Reserves and other equity | 510 | 510 | 510 | 510 | 510 | 510 | 510 |
| Total equity | 1 328 752 | 1 686 128 | 1 609 897 | 1 959 311 | 1 771 483 | 3 570 563 | 3 855 710 |
| Income statement | |||||||
| Sales revenue | 6 376 132 | 8 907 438 | 8 950 130 | 7 652 360 | 7 572 760 | 12 962 495 | 12 400 980 |
| Operating profit | 191 031 | 664 545 | −76 327 | 549 837 | 98 941 | 1 695 890 | 282 535 |
| EBITDA | 245 978 | 738 251 | −10 676 | 589 152 | 142 801 | 1 766 765 | 363 901 |
| Profit before income tax | 190 863 | 664 525 | 123 769 | 548 695 | −9469 | 1 931 848 | 285 147 |
| Profit for the reporting year | 150 165 | 621 524 | 123 769 | 520 796 | −35 012 | 1 912 834 | 285 147 |
| Labour costs | 3 206 239 | 4 323 561 | 4 725 590 | 4 849 515 | 5 952 741 | 9 483 142 | 9 984 086 |
| Depreciation of non-current assets | 54 947 | 73 706 | 65 651 | 39 315 | 43 860 | 70 875 | 81 366 |
| Other indicators | |||||||
| Employees | 93 | 114 | 114 | 98 | 119 | 140 | 141 |
| Calculated dividend | — | 264 148 | 200 000 | 171 382 | 152 816 | 113 754 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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