Flexwork OÜ
RegisteredKey figures
Ratios
2025Summary: Flexwork OÜ
What kind of company is it?
Flexwork OÜ (registry code 12479491) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 13 years. Registered location: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is building of civilian ships (EMTAK 30111). The company is registered for VAT (VAT number EE101657187).
How is the company doing financially?
Revenue in financial year 2025 was 173 836 €, down 37,6% on the previous year (278 519 €). From 2019 to 2025, revenue declined by an average of 28,3% per year. Financial year 2025 ended with a loss of 12 517 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 173 836 €. At the end of financial year 2025, total assets were 43 592 € and equity 20 209 € (46,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 34 226 €, down 16,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1095 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 830 € 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 28.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 34 226 € | 1 | 1095 € |
| Q2 2026 | 20 684 € | 1 | 1095 € |
| Q1 2026 | 34 660 € | 1 | 1106 € |
| Q4 2025 | 47 454 € | 1 | 1132 € |
| Q3 2025 | 41 000 € | 1 | 1126 € |
| Q2 2025 | 58 471 € | 1 | 1126 € |
| Q1 2025 | 53 582 € | 1 | 1122 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 535 184 | 311 922 | 97 338 | 278 519 | 173 836 |
| Net profit | −66 721 | 108 519 | −196 857 | 5920 | −12 517 |
| Retained earnings | 176 866 | 110 145 | 218 663 | 24 306 | 30 226 |
| Total assets | 112 645 | 309 678 | 101 371 | 52 964 | 43 592 |
| Total liabilities | 0 | 88 514 | 77 065 | 20 238 | 23 383 |
| Total equity | 112 645 | 221 164 | 24 306 | 32 726 | 20 209 |
| Employees | 4 | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 2326 | 648 | 731 | 750 | 886 |
| Calculated dividend | 51 000 | 0 | 0 | 0 | 0 |
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
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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