Flexbit OÜ

Registered
12202625Private limited company (OÜ)Founded 2011

Key figures

105 270 €+48,0%
Revenue 2025
+20,1%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: Flexbit OÜ

What kind of company is it?

Flexbit OÜ (registry code 12202625) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 14 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 EE101552444).

How is the company doing financially?

Revenue in financial year 2025 was 105 270 €, up 48,0% on the previous year (71 136 €). From 2019 to 2025, revenue grew by an average of 20,1% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 85 604 € (81,3% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 105 270 €. At the end of financial year 2025, total assets were 684 951 € and equity 293 671 € (42,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 20 520 €, up 15,2% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1575 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1110 € per month.

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.

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
QuarterRevenueNumber of employeesLabour taxes
Q3 202620 520 €11575 €
Q2 202620 520 €11526 €
Q1 202653 646 €12086 €
Q4 202517 820 €—1888 €
Q3 202517 820 €—1888 €
Q2 202517 808 €—1888 €
Q1 202517 784 €—875 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
2024200 000 €
20230 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue38 84460 60671 13671 136105 270
Net profit43 43363 00668 003−17 92185 604
Retained earnings249 046292 478355 485223 488205 567
Total assets396 064454 954545 284612 011684 951
Total liabilities101 08596 970119 296403 944391 280
Total equity294 979357 984425 988208 067293 671
Employees00111
Average gross salary (monthly)——518740888
Calculated dividend000200 0000

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
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2023, 2024, 2025
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%Flexbit OÜRuslan Tjulinov
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

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