Qvantel OÜRegistered
Key figures
266 269 €+16,3%
Revenue 2025
+6,0%
Average annual growth 2019–2025
Ratios
202514,4%
Profit margin
62,4%
Equity ratio
2,7×
Current ratio
19,2%
Return on equity
3439 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 64 340 € | 4 | 22 711 € |
| Q1 2026 | 61 304 € | 4 | 22 032 € |
| Q4 2025 | 84 406 € | 4 | 23 624 € |
| Q3 2025 | 62 124 € | 4 | 23 304 € |
| Q2 2025 | 62 892 € | 4 | 23 624 € |
| Q1 2025 | 55 637 € | 4 | 21 033 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 187 352 | 380 567 | 570 232 | 725 328 | 400 724 | 426 071 | 320 263 |
| Total non-current assets | — | — | — | — | — | — | — |
| Total assets | 187 352 | 380 567 | 570 232 | 725 328 | 400 724 | 426 071 | 320 263 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 87 449 | 263 615 | 441 060 | 579 380 | 245 621 | 264 549 | 120 404 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 87 449 | 263 615 | 441 060 | 579 380 | 245 621 | 264 549 | 120 404 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 84 048 | 97 403 | 114 452 | 126 672 | 143 448 | 152 603 | 159 022 |
| Profit for the year | 13 355 | 17 049 | 12 220 | 16 776 | 9155 | 6419 | 38 337 |
| Total equity | 99 903 | 116 952 | 129 172 | 145 948 | 155 103 | 161 522 | 199 859 |
| Income statement | |||||||
| Sales revenue | 187 198 | 193 241 | 189 166 | 155 625 | 182 315 | 228 907 | 266 269 |
| Operating profit | 13 401 | 17 049 | 12 220 | 16 914 | 9363 | 6565 | 38 493 |
| Profit before income tax | 13 355 | 17 049 | 12 220 | 16 776 | 9155 | 6419 | 38 337 |
| Profit for the reporting year | 13 355 | 17 049 | 12 220 | 16 776 | 9155 | 6419 | 38 337 |
| Labour costs | 162 005 | 168 361 | 161 814 | 126 282 | 157 161 | 196 468 | 213 151 |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 4 | 4 | 4 | 3 | 4 | 4 | 4 |
| Calculated dividend | — | 0 | 0 | 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.
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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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