Movano OÜ

Registered
12590751Private limited company (OÜ)Founded 2013

Key figures

203 026 €−10,7%
Revenue 2025
+5,2%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Movano OÜ

What kind of company is it?

Movano OÜ (registry code 12590751) 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: Pirita linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other postal and courier services (EMTAK 53201). The company is registered for VAT (VAT number EE101696614).

How is the company doing financially?

Revenue in financial year 2025 was 203 026 €, down 10,7% on the previous year (227 362 €). From 2019 to 2025, revenue grew by an average of 5,2% per year. Net profit for financial year 2025 was 49 440 € (24,4% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 101 513 €. At the end of financial year 2025, total assets were 186 556 € and equity 175 070 € (93,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 87 522 €, up 52,3% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 2418 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 900 € 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 02.07.2026. 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 202687 522 €22418 €
Q2 202669 542 €22150 €
Q1 202666 840 €22228 €
Q4 202566 064 €22404 €
Q3 202557 465 €22890 €
Q2 202555 930 €21858 €
Q1 202557 300 €32707 €

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

Dividends

calculated
2025

Distributed as dividends 20 652 € (14% of distributable profit).

History
202520 652 €
202461 518 €
20230 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue162 243191 888201 907227 362203 026
Net profit10 12442 97127 17655 50949 440
Retained earnings69 27079 394122 36588 023122 880
Total assets142 581143 803167 048166 378186 556
Total liabilities60 43718 68814 75720 09611 486
Total equity82 144125 115152 291146 282175 070
Employees11222
Average gross salary (monthly)1071727568550861
Calculated dividend00061 51820 652

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
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
Filed late: 2023, 2024, 2025
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%Movano OÜ1Tambet Lõhmus
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State aid and grants

1 record

State aid and de minimis aid in total 2160 € (2018). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (2160 €).

Show all aid records (1)
20182160 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusInnovatsiooni osak2160 €12.02.2018

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

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

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