Ice Cycle OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 24 131 € | 1 | 1201 € |
| Q2 2026 | 31 097 € | 1 | 2459 € |
| Q1 2026 | 197 716 € | 1 | 5644 € |
| Q4 2025 | 139 028 € | 7 | 1143 € |
| Q3 2025 | 11 882 € | 1 | 1143 € |
| Q2 2025 | 37 403 € | 1 | 3389 € |
| Q1 2025 | 91 978 € | 1 | 8084 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 9119 | 41 125 | 30 316 | 78 584 | 130 258 | 114 562 | 175 555 |
| Total non-current assets | 0 | 0 | 17 900 | 3602 | 83 181 | 85 064 | 58 758 |
| Total assets | 9119 | 41 125 | 48 216 | 82 186 | 213 439 | 199 626 | 234 313 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 3108 | 4449 | 7371 | 2024 | 58 712 | 33 239 | 20 369 |
| Non-current liabilities | — | — | — | — | 11 061 | 0 | 0 |
| Total liabilities | 3108 | 4449 | 7371 | 2024 | 69 773 | 33 239 | 20 369 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | 30 665 | 36 676 | 38 345 | 77 662 | 136 166 | 163 887 |
| Profit for the year | 3123 | 30 665 | 1669 | 39 317 | 63 504 | 27 721 | 47 557 |
| Reserves and other equity | — | −27 154 | — | — | — | — | — |
| Total equity | 6011 | 36 676 | 40 845 | 80 162 | 143 666 | 166 387 | 213 944 |
| Income statement | |||||||
| Sales revenue | 22 763 | 78 747 | 42 981 | 119 595 | 286 692 | 200 319 | 277 999 |
| Operating profit | 3123 | 30 661 | 1666 | 39 313 | 64 354 | 29 818 | 47 846 |
| EBITDA | 3123 | 30 661 | 1666 | 39 313 | 77 708 | 56 161 | 77 649 |
| Profit before income tax | 3123 | 30 665 | 1669 | 39 317 | 63 504 | 28 971 | 47 557 |
| Profit for the reporting year | 3123 | 30 665 | 1669 | 39 317 | 63 504 | 27 721 | 47 557 |
| Labour costs | 0 | 0 | 0 | 941 | 21 316 | 43 215 | 35 951 |
| Depreciation of non-current assets | 0 | 0 | 0 | 0 | 13 354 | 26 343 | 29 803 |
| Other indicators | |||||||
| Employees | 0 | 0 | 0 | 1 | 2 | 3 | 2 |
| Calculated dividend | — | — | 0 | 0 | 0 | 5000 | 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.
Connections graph
Public procurement
3 contractsPublic contracts won worth 416 000 € from 2 contracting authorities (14.11.2023–08.07.2025).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Lähte jääväljaku külmakompressor (kordushange) | Tartu Vallavalitsus | 131 000 € | 08.07.2025 |
| Mobiilse väliuisuväljaku rajamine külmutustehnoloogiaga ja uisuväljaku teenuse osutamine | Viimsi Vallavalitsus | 215 000 € | 10.10.2024 |
| Mobiilse väliuisuväljaku rajamine külmutustehnoloogiaga ja uisuväljaku teenuse osutamine | Viimsi Vallavalitsus | 70 000 € | 14.11.2023 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Ice Cycle OÜ
Overview
Ice Cycle OÜ (registry code 12830631) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is spordiehitiste käitus (EMTAK 93111). The company is registered for VAT (VAT number EE101876670).
Financial results
Revenue in financial year 2025 was 277 999 €, up 38,8% on the previous year (200 319 €). From 2019 to 2025, revenue grew by an average of 51,8% per year. Net profit for financial year 2025 was 47 557 € (17,1% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees (3 a year earlier). Revenue per employee was 139 000 €. At the end of financial year 2025, total assets were 234 313 € and equity 213 944 € (91,3% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 24 131 €, up 103% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1201 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 890 € per month.
Management and owners
The company has one management board member. The sole owner of the company is a private individual.
Data sources and freshness
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.