Networks OÜ

Registered
12693111Private limited company (OÜ)Founded 2014

Key figures

157 742 €−30,2%
Revenue 2025
+28,6%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Networks OÜ

What kind of company is it?

Networks OÜ (registry code 12693111) 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: Mõndavere küla, Kadrina vald, Lääne-Viru maakond. According to the latest annual report, the main activity is other information technology and computer service activities (EMTAK 62901). The company is registered for VAT (VAT number EE101730046).

How is the company doing financially?

Revenue in financial year 2025 was 157 742 €, down 30,2% on the previous year (225 950 €). From 2019 to 2025, revenue grew by an average of 28,6% per year. Financial year 2025 ended with a loss of 65 045 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 157 742 €.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 53 525 €, up 127% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1306 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 950 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is a private individual.

What should you look out for?

Equity was negative at the end of financial year 2025 (−1211 €). Equity is below half of the share capital (5000 €); in this case the Commercial Code requires measures to restore equity.

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 30.06.2026. 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 202653 525 €11306 €
Q2 202634 775 €11131 €
Q1 202663 486 €12665 €
Q4 202572 653 €11039 €
Q3 202523 535 €11558 €
Q2 202540 237 €11969 €
Q1 202571 379 €11449 €

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 revenue63 70958 036139 683225 950157 742
Net profit116 702−49 893640537 480−65 045
Retained earnings−52 05464 44514 59520 99158 834
Total assets182 512128 192167 095240 122183 763
Total liabilities112 864108 640141 095176 651184 974
Total equity69 64819 55226 00063 471−1211
Employees11111
Average gross salary (monthly)5844907259491034
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
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%Networks OÜ2Viljar Pipenberg
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

4 records

State aid and de minimis aid in total 146 193 € (2020–2024). Largest grantors: Tarbijakaitse ja Tehnilise Järelevalve Amet (114 338 €), Riigi Tugiteenuste Keskus (27 590 €), Põllumajanduse Registrite ja Informatsiooni Amet (4265 €).

Show all aid records (4)
20244231 €
202327 590 €
202234 €
2020114 338 €
GrantorPurposeAmountDate
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud4231 €27.06.2024
Riigi Tugiteenuste KeskusAbi lairiba-püsivõrkude jaoks (artikkel 52)27 590 €26.01.2023
Tarbijakaitse ja Tehnilise Järelevalve AmetAbi lairiba-püsivõrkude jaoks (artikkel 52)114 338 €31.12.2020

The total also includes 1 tax reductions worth 34 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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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