Citynet OÜ
RegisteredKey figures
Ratios
2025Summary: Citynet OÜ
What kind of company is it?
Citynet OÜ (registry code 12814707) is a private limited company (OÜ). The company was entered in the Commercial Register in 2015 and has been registered for 11 years. Registered location: Rae küla, Rae vald, Harju maakond. According to the latest annual report, the main activity is construction of utility projects for electricity and telecommunications (EMTAK 42221). The company is registered for VAT (VAT number EE101962746).
How is the company doing financially?
Revenue in financial year 2025 was 642 615 €, up 2299% on the previous year (26 790 €). From 2019 to 2025, revenue grew by an average of 90,0% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 16 940 € (2,6% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 642 615 €. At the end of financial year 2025, total assets were 288 888 € and equity 58 135 € (20,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 9714 €, up 16,3% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1592 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1120 € 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.
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 10.03.2026. 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 | 9714 € | 1 | 1592 € |
| Q2 2026 | 7935 € | 1 | 1592 € |
| Q1 2026 | 122 687 € | 1 | 1602 € |
| Q4 2025 | 715 539 € | 1 | 1622 € |
| Q3 2025 | 8351 € | 1 | 1622 € |
| Q2 2025 | 164 303 € | 1 | 0 € |
| Q1 2025 | 8559 € | — | 0 € |
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 | 6132 | 18 050 | 24 494 | 26 790 | 642 615 |
| Net profit | 32 323 | 8298 | −13 557 | 515 | 16 940 |
| Retained earnings | 11 116 | 43 439 | 51 737 | 38 180 | 38 695 |
| Total assets | 166 540 | 170 254 | 201 998 | 219 386 | 288 888 |
| Total liabilities | 120 601 | 116 017 | 161 318 | 178 191 | 230 753 |
| Total equity | 45 939 | 54 237 | 40 680 | 41 195 | 58 135 |
| Employees | 0 | 0 | 0 | 0 | 1 |
| Average gross salary (monthly) | — | — | — | — | 800 |
| 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 obligations1 note6 clear
Data from public registers, not a credit rating.
Connections graph
State aid and grants
20 recordsState aid and de minimis aid in total 2 719 991 € (2020–2026). Largest grantors: Riigi Tugiteenuste Keskus (2 713 484 €), Tarbijakaitse ja Tehnilise Järelevalve Amet (6507 €).
Show all aid records (20)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 17 450 € | 02.07.2026 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 282 080 € | 25.06.2026 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 0 € | 28.05.2026 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 596 790 € | 21.05.2026 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 0 € | 21.05.2026 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 0 € | 21.05.2026 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 308 210 € | 19.12.2023 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 519 832 € | 15.12.2023 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 0 € | 05.12.2023 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 111 776 € | 05.12.2023 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 125 895 € | 03.01.2023 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 314 760 € | 28.12.2022 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 0 € | 28.12.2022 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 0 € | 21.12.2022 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 0 € | 21.12.2022 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 104 720 € | 20.12.2022 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 0 € | 20.12.2022 |
| Riigi Tugiteenuste Keskus | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 331 971 € | 07.12.2022 |
| Tarbijakaitse ja Tehnilise Järelevalve Amet | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 4599 € | 31.12.2020 |
| Tarbijakaitse ja Tehnilise Järelevalve Amet | Abi lairiba-püsivõrkude jaoks (artikkel 52) | 1908 € | 23.12.2020 |
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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