Passware OÜ
RegisteredKey figures
Ratios
2025Summary: Passware OÜ
What kind of company is it?
Passware OÜ (registry code 12770387) is a private limited company (OÜ). The company was entered in the Commercial Register in 2014 and has been registered for 11 years. Registered location: Pirita 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 EE101804749).
How is the company doing financially?
Revenue in financial year 2025 was 3 970 925 €, up 2,4% on the previous year (3 876 449 €). From 2019 to 2025, revenue grew by an average of 6,6% per year. This is the company's highest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 4634 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 1 323 642 €. At the end of financial year 2025, total assets were 4 102 402 € and equity 2 554 849 € (62,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1 395 843 €, down 16,6% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 31 155 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 6120 € per month.
Who runs the company and who owns it?
The management board has 2 members.
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 27.05.2026. 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 (549300KDNWFYEQVJCD81) 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 1 395 843 € | 3 | 31 155 € |
| Q2 2026 | 1 682 274 € | 3 | 29 712 € |
| Q1 2026 | 2 081 284 € | 3 | 27 596 € |
| Q4 2025 | 1 921 892 € | 3 | 28 415 € |
| Q3 2025 | 1 674 566 € | 3 | 28 274 € |
| Q2 2025 | 1 805 225 € | 3 | 28 512 € |
| Q1 2025 | 1 855 486 € | 3 | 27 711 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 780 001 € (23% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 2 930 944 | 3 190 569 | 2 676 377 | 3 876 449 | 3 970 925 |
| Net profit | 1 239 481 | 960 000 | −608 125 | 707 857 | −4634 |
| Retained earnings | 2 128 854 | 3 368 335 | 3 628 335 | 2 628 877 | 2 556 733 |
| Total assets | 4 118 928 | 4 947 614 | 4 160 083 | 4 610 068 | 4 102 402 |
| Total liabilities | 747 843 | 616 529 | 1 137 123 | 1 270 584 | 1 547 553 |
| Total equity | 3 371 085 | 4 331 085 | 3 022 960 | 3 339 484 | 2 554 849 |
| Employees | 3 | 2 | 2 | 3 | 3 |
| Average gross salary (monthly) | 5655 | 8581 | 5371 | 5116 | 5275 |
| Calculated dividend | 0 | 0 | 700 000 | 391 333 | 780 001 |
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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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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