Upworks OÜ
RegisteredKey figures
Ratios
2024Summary: Upworks OÜ
What kind of company is it?
Upworks OÜ (registry code 12656125) 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: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer consultancy activities (EMTAK 62201). The company is registered for VAT (VAT number EE101864954).
How is the company doing financially?
Revenue in financial year 2024 was 10 815 €, down 77,4% on the previous year (47 925 €). From 2019 to 2024, revenue declined by an average of 11,8% per year. This is the company's lowest revenue among the published years (2019–2024). Financial year 2024 ended with a loss of 26 701 €. The company was profitable in 4 of the 6 published financial years. According to the report, the company had no employees in financial year 2024. At the end of financial year 2024, total assets were 357 784 € and equity 55 592 € (15,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1300 €, up 8,3% on the same quarter a year earlier.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is INFINITUM ASSETS OÜ.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 30.06.2025. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 1300 € | — | 0 € |
| Q2 2026 | 1750 € | — | 0 € |
| Q1 2026 | 900 € | — | 0 € |
| Q4 2025 | 11 601 € | — | 0 € |
| Q3 2025 | 1200 € | — | 0 € |
| Q2 2025 | 300 € | — | — |
| Q1 2025 | 102 336 € | — | 37 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 31 066 | 22 052 | 16 685 | 47 925 | 10 815 |
| Net profit | 19 806 | 9317 | 1906 | 47 884 | −26 701 |
| Retained earnings | 10 330 | 20 437 | 29 753 | 31 659 | 79 543 |
| Total assets | 42 481 | 38 277 | 86 332 | 172 438 | 357 784 |
| Total liabilities | 9595 | 5773 | 51 923 | 90 145 | 302 192 |
| Total equity | 32 886 | 32 504 | 34 409 | 82 293 | 55 592 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| Average gross salary (monthly) | — | — | — | — | — |
| Calculated dividend | 10 000 | 9699 | 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 issue6 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.