Elevate OÜ

Registered
12660233Private limited company (OÜ)Founded 2014

Key figures

113 294 €−17,8%
Revenue 2025
+4,1%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Elevate OÜ

What kind of company is it?

Elevate OÜ (registry code 12660233) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE101720315).

How is the company doing financially?

Revenue in financial year 2025 was 113 294 €, down 17,8% on the previous year (137 834 €). From 2019 to 2025, revenue grew by an average of 4,1% per year. Financial year 2025 ended with a loss of 7739 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 113 294 €. At the end of financial year 2025, total assets were 154 973 € and equity 32 258 € (20,8% of assets). Based on labour costs in the report, the estimated average gross salary was about 2170 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 28 752 €, up 3,8% on the same quarter a year earlier. Labour taxes paid in the quarter: 2220 €.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 21.07.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (25490055G6E3X0D4DS80) comes from the GLEIF database. 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 202628 752 €—2220 €
Q2 202642 499 €—2220 €
Q1 202629 288 €—2220 €
Q4 202543 596 €—2960 €
Q3 202527 695 €—4440 €
Q2 202512 676 €—4440 €
Q1 202539 264 €—4353 €

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 66 601 € (64% of distributable profit).

History
202566 601 €
202441 705 €
202335 001 €
202213 000 €
202134 004 €
202026 001 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue132 20590 811110 377137 834113 294
Net profit118 758−76 663−396059 573−7739
Retained earnings96 096201 85490 19044 52537 497
Total assets226 927257 640215 992230 770154 973
Total liabilities9573129 949127 262124 172122 715
Total equity217 354127 69188 730106 59832 258
Employees33321
Average gross salary (monthly)12511217143917222167
Calculated dividend34 00413 00035 00141 70566 601

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: 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.

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50%50%Elevate OÜ2Henri Toivar1Marek Lukasz Fraczyk
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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