Ardor OÜRegistered
Annual report for 2025 not filed.
Key figures
11 169 452 €−11,9%
Revenue 2024
+4,0%
Average annual growth 2019–2024
Ratios
202411,3%
Profit margin
15,3%
EBITDA margin
92,0%
Equity ratio
7,8×
Current ratio
13,5%
Return on equity
2531 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 2 380 677 € | 20 | 81 622 € |
| Q1 2026 | 4 498 834 € | 20 | 99 463 € |
| Q4 2025 | 4 229 542 € | 18 | 88 106 € |
| Q3 2025 | 2 277 860 € | 18 | 84 534 € |
| Q2 2025 | 3 725 258 € | 17 | 88 580 € |
| Q1 2025 | 6 267 653 € | 17 | 87 444 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2024
Distributed as dividends 400 000 € (5% of distributable profit).
History
2024400 000 €
2023800 000 €
2022400 000 €
2021400 000 €
20200 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2024
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 2 358 885 | 4 018 469 | 3 056 013 | 4 774 454 | 6 258 014 | 6 165 382 |
| Total non-current assets | 2 910 742 | 3 146 993 | 2 761 299 | 3 166 569 | 2 875 459 | 3 964 581 |
| Total assets | 5 269 627 | 7 165 462 | 5 817 312 | 7 941 023 | 9 133 473 | 10 129 963 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 1 197 612 | 2 577 347 | 681 478 | 1 085 098 | 629 758 | 792 753 |
| Non-current liabilities | 294 104 | 425 935 | 234 468 | 140 105 | 41 256 | 15 939 |
| Total liabilities | 1 491 716 | 3 003 282 | 915 946 | 1 225 203 | 671 014 | 808 692 |
| Share capital | 33 000 | 33 000 | 33 000 | 33 000 | 33 000 | 33 000 |
| Retained earnings of previous periods | 2 393 993 | 3 741 611 | 3 725 880 | 4 465 066 | 5 879 520 | 8 026 159 |
| Profit for the year | 1 347 618 | 384 269 | 1 139 186 | 2 214 454 | 2 546 639 | 1 258 812 |
| Reserves and other equity | 3300 | 3300 | 3300 | 3300 | 3300 | 3300 |
| Total equity | 3 777 911 | 4 162 180 | 4 901 366 | 6 715 820 | 8 462 459 | 9 321 271 |
| Income statement | ||||||
| Sales revenue | 9 187 447 | 8 021 533 | 14 700 140 | 12 957 480 | 12 671 800 | 11 169 452 |
| Operating profit | 1 438 514 | 416 038 | 1 248 937 | 2 303 226 | 2 659 322 | 1 193 863 |
| EBITDA | 2 103 243 | 1 164 373 | 1 794 740 | 2 731 044 | 3 157 009 | 1 712 189 |
| Profit before income tax | 1 422 618 | 384 269 | 1 221 744 | 2 285 384 | 2 723 383 | 1 323 928 |
| Profit for the reporting year | 1 347 618 | 384 269 | 1 139 186 | 2 214 454 | 2 546 639 | 1 258 812 |
| Labour costs | 430 185 | 487 752 | 509 214 | 316 562 | 746 999 | 797 825 |
| Depreciation of non-current assets | 664 729 | 748 335 | 545 803 | 427 818 | 497 687 | 518 326 |
| Other indicators | ||||||
| Employees | 12 | 12 | 12 | 14 | 17 | 18 |
| Calculated dividend | — | 0 | 400 000 | 400 000 | 800 000 | 400 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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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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