GearIT OÜ

Registered
12241128Private limited company (OÜ)Founded 2012

Key figures

96 724 €−32,8%
Revenue 2025
+30,0%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: GearIT OÜ

What kind of company is it?

GearIT OÜ (registry code 12241128) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 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 facilities and database management (EMTAK 62202). The company is registered for VAT (VAT number EE101535937).

How is the company doing financially?

Revenue in financial year 2025 was 96 724 €, down 32,8% on the previous year (143 902 €). From 2019 to 2025, revenue grew by an average of 30,0% per year. Net profit for financial year 2025 was 9620 € (9,9% 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 96 724 €. At the end of financial year 2025, total assets were 145 150 € and equity 128 736 € (88,7% of assets). Based on labour costs in the report, the estimated average gross salary was about 2200 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 3073 €, down 86,7% on the same quarter a year earlier.

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 01.04.2026. 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 (894500HZLKOB7BVBZP19) 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20263073 €—0 €
Q2 20264381 €—0 €
Q1 2026369 €——
Q4 202512 090 €—4209 €
Q3 202523 133 €14209 €
Q2 202535 824 €14209 €
Q1 202539 264 €14129 €

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

Dividends

calculated
2025

Distributed as dividends 62 999 € (35% of distributable profit).

History
dividend other equity decrease
202562 999 €
202440 001 €
202319 999 €
20220 €+2749 € other
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue59 885115 58488 305143 90296 724
Net profit29 56272 13419 70163 3349620
Retained earnings57 38586 946139 081118 781119 116
Total assets95 410160 661163 842204 666145 150
Total liabilities57141581506022 55116 414
Total equity89 696159 080158 782182 115128 736
Employees22211
Average gross salary (monthly)588615101825632200
Calculated dividend0019 99940 00162 999

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
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.

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100%GearIT OÜ2Sten Paal
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL
YearFiles
2025DDOC/BDOCPDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL
2019DDOC/BDOCPDFXBRL

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

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