Startup Estonia OÜRegistered
Key figures
Ratios
2023Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 8270 € | 1 | 1205 € |
| Q2 2026 | 17 220 € | 1 | 1205 € |
| Q1 2026 | 14 114 € | 1 | 1235 € |
| Q4 2025 | 18 788 € | 1 | 864 € |
| Q3 2025 | 5860 € | 1 | 864 € |
| Q2 2025 | 16 246 € | 1 | 1420 € |
| Q1 2025 | 6611 € | 1 | 2131 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2023
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 149 665 | 273 133 | 495 610 | 446 741 | 388 337 |
| Total non-current assets | 245 392 | 277 357 | 218 463 | 386 059 | 479 248 |
| Total assets | 395 057 | 550 490 | 714 073 | 832 800 | 867 585 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 11 350 | 11 350 | 9500 | 5500 | 5500 |
| Non-current liabilities | — | — | — | — | — |
| Total liabilities | 11 350 | 11 350 | 9500 | 5500 | 5500 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 373 954 | 455 297 | 536 640 | 702 073 | 824 800 |
| Profit for the year | 7253 | 81 343 | 165 433 | 122 727 | 34 785 |
| Total equity | 383 707 | 539 140 | 704 573 | 827 300 | 862 085 |
| Income statement | |||||
| Sales revenue | 15 677 | 93 658 | 191 951 | 152 400 | 51 268 |
| Operating profit | 6597 | 79 735 | 160 701 | 118 510 | 28 219 |
| EBITDA | 6597 | 79 735 | 160 701 | 118 510 | 28 219 |
| Profit before income tax | 7253 | 81 343 | 165 433 | 122 727 | 34 785 |
| Profit for the reporting year | 7253 | 81 343 | 165 433 | 122 727 | 34 785 |
| Labour costs | 3450 | 4781 | 24 588 | 13 704 | 12 042 |
| Depreciation of non-current assets | 0 | 0 | 0 | 0 | 0 |
| Other indicators | |||||
| Employees | 0 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 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 issue4 clear
Data from public registers, not a credit rating.
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Public procurement
8 contractsPublic contracts won worth 1270 € from 2 contracting authorities (23.08.2024–20.07.2026). Plus 12 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Mentorteenus · Tervisetehnoloogia | Sihtasutus Tallinna Teaduspark TEHNOPOL | up to 2240 € | 20.07.2026 |
| Mentorteenus · Müük | Sihtasutus Tallinna Teaduspark TEHNOPOL | up to 2000 € | 20.07.2026 |
| Mentorteenus · Kõrgtehnoloogia/süvatehnoloogia | Sihtasutus Tallinna Teaduspark TEHNOPOL | up to 2285 € | 20.07.2026 |
| Mentorteenus · Kaitsevaldkond/Kaksik-lahendused | Sihtasutus Tallinna Teaduspark TEHNOPOL | up to 6588 € | 20.07.2026 |
| Mentorteenus · Investeeringud | Sihtasutus Tallinna Teaduspark TEHNOPOL | up to 4000 € | 20.07.2026 |
| Mentorteenus · Finants | Sihtasutus Tallinna Teaduspark TEHNOPOL | up to 4800 € | 20.07.2026 |
| Mentorteenus · Äriarendus | Sihtasutus Tallinna Teaduspark TEHNOPOL | up to 10 666 € | 20.07.2026 |
| Ettevõtte esitlemise koolitus | Sihtasutus Tallinna Ettevõtlusinkubaatorid | 750 € | 27.10.2025 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Startup Estonia OÜ
Overview
Startup Estonia OÜ (registry code 12556079) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 12 years. Registered location: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is business and other management consultancy (EMTAK 70221). The company is registered for VAT (VAT number EE101672586).
Financial results
Revenue in financial year 2023 was 51 268 €, down 66,4% on the previous year (152 400 €). From 2019 to 2023, revenue grew by an average of 34,5% per year. Net profit for financial year 2023 was 34 785 € (67,8% of revenue). The company was profitable in all 5 published financial years. In financial year 2023 the company had 1 employees. Revenue per employee was 51 268 €. At the end of financial year 2023, total assets were 867 585 € and equity 862 085 € (99,4% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 8270 €, up 41,1% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1205 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 900 € 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 01.07.2024. 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 (98450065U430FE480E57) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.