IPCS Nordic OÜRegistered

12391997Private limited company (OÜ)Founded 2012
Tax debt 5519 € as of 16.10.2026.Source: Tax and Customs Board
Annual reports for 2024, 2025 not filed.
Qualified audit opinion. 2020 report: Qualified.

Key figures

7 437 623 €+88,6%
Revenue 2021
+17,6%
Average annual growth 2019–2021
02 m4 m6 m8 m201920202021

Ratios

2021
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
05 m10 m201920202021
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202612 443 €718 577 €
Q2 202653 059 €714 802 €
Q1 2026356 583 €715 686 €
Q4 202542 283 €815 576 €
Q3 202546 875 €715 099 €
Q2 202548 964 €714 664 €
Q1 2025106 249 €717 406 €

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

Summary of financial statements2019–2021
201920202021 †
Balance sheet — assets
Total current assets1 702 9311 813 3953 569 811
Total non-current assets4 019 6973 929 1294 334 341
Total assets5 722 6285 742 5247 904 152
Balance sheet — liabilities and equity
Current liabilities1 395 7251 424 9432 391 501
Non-current liabilities3 677 9183 990 0794 799 654
Total liabilities5 073 6435 415 0227 191 155
Share capital100 000100 000100 000
Retained earnings of previous periods−48 395548 985227 502
Profit for the year597 380−321 483385 495
Total equity648 985327 502712 997
Income statement
Sales revenue5 378 4423 944 0027 437 623
Operating profit181 014−153 774522 348
EBITDA348 409−11 372695 916
Profit before income tax597 380−321 483385 495
Profit for the reporting year597 380−321 483385 495
Labour costs620 313673 321873 754
Depreciation of non-current assets167 395142 402173 568
Other indicators
Employees394051
Calculated dividend—0—

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report. † Figures for the marked years come from a report filed as PDF and may be incomplete.

Risks and obligations2 issues3 clear
Register status
Registered
Business Register
Tax debt
5519 €
as of 16.10.2026
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Annual report filing
1/3 filed
Not filed: 2024, 2025
Filed late: 2023
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%IPCS Nordic OÜArtem Vedunov
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL

Loading list of reports…

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

Summary: IPCS Nordic OÜ

Overview

IPCS Nordic OÜ (registry code 12391997) 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: Narva linn, Ida-Viru maakond. The company is registered for VAT (VAT number EE101644527).

Financial results

Revenue in financial year 2021 was 7 437 623 €, up 88,6% on the previous year (3 944 002 €). From 2019 to 2021, revenue grew by an average of 17,6% per year. Net profit for financial year 2021 was 385 495 € (5,2% of revenue). The company was profitable in 2 of the 3 published financial years. In financial year 2021 the company had 51 employees (40 a year earlier). Revenue per employee was 145 836 €. At the end of financial year 2021, total assets were 7 904 152 € and equity 712 997 € (9,0% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 12 443 €, down 73,5% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 18 577 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1720 € per month.

Management and owners

The company has one management board member. The sole owner of the company is a private individual.

Points to note

2 annual reports have not been filed on time, the latest for financial year 2025.

Data sources and freshness

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 2023) was filed on 12.09.2024. 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.

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