Cloudmore OÜ

Registered
12378198Private limited company (OÜ)Founded 2012

Key figures

1 900 705 €−33,7%
Revenue 2025
+18,0%
Average annual growth 2019–2025
02 m4 m6 m2019202020212022202320242025

Ratios

2025

Summary: Cloudmore OÜ

What kind of company is it?

Cloudmore OÜ (registry code 12378198) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 and has been registered for 13 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 EE101599287).

How is the company doing financially?

Revenue in financial year 2025 was 1 900 705 €, down 33,7% on the previous year (2 865 784 €). From 2019 to 2025, revenue grew by an average of 18,0% per year. Net profit for financial year 2025 was 124 289 € (6,5% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 23 employees (30 a year earlier). Revenue per employee was 82 639 €. At the end of financial year 2025, total assets were 792 496 € and equity 678 092 € (85,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 310 036 €, down 26,9% on the same quarter a year earlier. The company had 15 employees in that quarter. Labour taxes paid in the quarter: 118 753 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 4710 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is Cloudmore AB.

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 01.03.2026. 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 2026310 036 €15118 753 €
Q2 2026351 158 €16126 568 €
Q1 2026357 376 €17135 874 €
Q4 2025408 145 €19150 420 €
Q3 2025423 913 €19179 331 €
Q2 2025556 939 €24199 437 €
Q1 2025659 056 €26213 361 €

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

Summary of financial statements2021–2025
20212022202320242025
Sales revenue2 240 3144 285 9813 853 0872 865 7841 900 705
Net profit−988 092278 986257 726187 481124 289
Retained earnings365 203−622 890−343 904−86 178101 303
Total assets200 686399 297532 455759 447792 496
Total liabilities821 075290 701166 133205 644114 404
Total equity−620 389108 596366 322553 803678 092
Employees3050443023
Average gross salary (monthly)40424220436844814385
Calculated dividend00000

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
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
All on time
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%Cloudmore OÜCloudmore ABJan Michael Wicander
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

4 records

State aid and de minimis aid in total 3610 € (2021–2024). Largest grantors: Eesti Töötukassa (3425 €), Haridus- ja Noorteamet (185 €).

Show all aid records (4)
20241433 €
20231181 €
2021996 €
GrantorPurposeAmountDate
Haridus- ja NoorteametMuu185 €20.03.2024
Eesti TöötukassaKoolitus VTA1248 €10.01.2024
Eesti TöötukassaKoolitus VTA1181 €25.07.2023
Eesti TöötukassaKoolitus VTA996 €01.01.2021

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

Loading list of reports…

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

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