IVEX Lab OÜ
RegisteredKey figures
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2025Summary: IVEX Lab OÜ
What kind of company is it?
IVEX Lab OÜ (registry code 12667072) 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: Mustamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is research and development in natural sciences and engineering (EMTAK 72101). The company is registered for VAT (VAT number EE101722850).
How is the company doing financially?
Revenue in financial year 2025 was 6484 €, down 81,3% on the previous year (34 650 €). From 2019 to 2025, revenue declined by an average of 11,7% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 21 883 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 6484 €. At the end of financial year 2025, total assets were 42 936 € and equity 41 511 € (96,7% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, the company declared no turnover in Q3 2026. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 850 € per month.
Who runs the company and who owns it?
The management board has 3 members. According to the register, the company has 3 owners. The largest stake (40%) 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 17.02.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 0 € | 1 | 1126 € |
| Q2 2026 | 3600 € | 1 | 628 € |
| Q1 2026 | 4290 € | 1 | 628 € |
| Q4 2025 | 1588 € | 1 | 1659 € |
| Q3 2025 | 0 € | 2 | 1659 € |
| Q2 2025 | 174 € | 1 | 1126 € |
| Q1 2025 | 520 € | 1 | 1085 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 52 292 | 51 630 | 65 835 | 34 650 | 6484 |
| Net profit | 26 213 | 18 224 | 28 187 | −14 049 | −21 883 |
| Retained earnings | 2319 | 28 532 | 46 756 | 74 943 | 60 894 |
| Total assets | 34 506 | 51 958 | 80 440 | 63 768 | 42 936 |
| Total liabilities | 3474 | 2702 | 2997 | 374 | 1425 |
| Total equity | 31 032 | 49 256 | 77 443 | 63 394 | 41 511 |
| Employees | 1 | 2 | 2 | 2 | 1 |
| Average gross salary (monthly) | 637 | 768 | 2144 | 2214 | 1119 |
| Calculated dividend | 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.
Risks and obligationsAll clear
Data from public registers, not a credit rating.
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State aid and grants
4 recordsState aid and de minimis aid in total 246 168 € (2019–2022). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (241 800 €), Tallinna Strateegiakeskus (4368 €).
Show all aid records (4)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | VKEdele antav innovatsiooniabi (artikkel 28) | 8000 € | 19.09.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringud | 233 800 € | 19.09.2022 |
| Tallinna Strateegiakeskus | Muu | 2496 € | 10.03.2020 |
| Tallinna Strateegiakeskus | Muu | 1872 € | 06.03.2019 |
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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