OÜ SMARTBICS

Registered
12638080Private limited company (OÜ)Founded 2014

Key figures

267 160 €−10,1%
Revenue 2025
−18,1%
Average annual change 2019–2025
0250 k500 k750 k1 m2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: OÜ SMARTBICS

What kind of company is it?

OÜ SMARTBICS (registry code 12638080) is a private limited company (OÜ). The company was entered in the Commercial Register in 2014 and has been registered for 12 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE101722902).

How is the company doing financially?

Revenue in financial year 2025 was 267 160 €, down 10,1% on the previous year (297 336 €). From 2019 to 2025, revenue declined by an average of 18,1% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 15 366 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 133 580 €. At the end of financial year 2025, total assets were 99 260 € and equity 80 098 € (80,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 176 923 €, up 76,4% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 9644 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 5700 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 2 owners. The largest stake (80%) is held by Code Experts OÜ.

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 23.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026176 923 €19644 €
Q2 202656 357 €15966 €
Q1 202686 443 €16099 €
Q4 202597 375 €17381 €
Q3 2025100 290 €111 840 €
Q2 2025102 205 €111 108 €
Q1 2025104 657 €19613 €

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

Summary of financial statements2021–2025
20212022202320242025
Sales revenue577 275562 890385 266297 336267 160
Net profit−19 663−155724 494−56 668−15 366
Retained earnings146 358126 695125 138149 63292 964
Total assets181 772170 304171 268113 38599 260
Total liabilities52 57742 66619 13617 92119 162
Total equity129 195127 638152 13295 46480 098
Employees43222
Average gross salary (monthly)33704589400728312706
Calculated dividend00000

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 obligationsAll 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
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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80%20%OÜ SMARTBICSCode Experts OÜ1Maxim Frolov4Slava Rosin
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 2200 € (2017). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (2200 €).

Show all aid records (2)
20172200 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusNõustamine VTA1100 €14.08.2017
Ettevõtluse ja Innovatsiooni SihtasutusNõustamine VTA1100 €28.02.2017

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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