Elevator Startups OÜ
RegisteredKey figures
Ratios
2025Summary: Elevator Startups OÜ
What kind of company is it?
Elevator Startups OÜ (registry code 12840225) 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: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is business and other management consultancy (EMTAK 70201). The company is registered for VAT (VAT number EE101984892).
How is the company doing financially?
Revenue in financial year 2025 was 870 €, down 98,7% on the previous year (67 093 €). From 2019 to 2025, revenue declined by an average of 42,6% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 15 258 €. The company was profitable in 2 of the 7 published financial years. According to the report, the company had no employees in financial year 2025.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 73 €, down 75,0% on the same quarter a year earlier.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is Holdco Investments OÜ.
What should you look out for?
Equity was negative at the end of financial year 2025 (−89 944 €). Equity is below half of the share capital (6000 €); 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 73 € | — | — |
| Q2 2026 | 111 € | — | — |
| Q1 2026 | 111 € | — | 0 € |
| Q4 2025 | 37 € | — | — |
| Q3 2025 | 292 € | — | — |
| Q2 2025 | 1162 € | — | 0 € |
| Q1 2025 | 10 228 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 16 396 €.
Low confidence: the amount exceeds retained earnings from previous years, from which dividends can be paid by law — probably a merger, an opening balance adjustment or a reporting error.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 20 500 | 53 512 | 48 000 | 67 093 | 870 |
| Net profit | −69 186 | 10 768 | −7305 | 16 282 | −15 258 |
| Retained earnings | −134 825 | −204 011 | −193 243 | −200 548 | −200 662 |
| Total assets | 27 627 | 11 313 | 18 857 | 23 450 | 10 405 |
| Total liabilities | 105 662 | 78 580 | 93 429 | 81 740 | 100 349 |
| Total equity | −78 035 | −67 267 | −74 572 | −58 290 | −89 944 |
| Employees | 1 | 1 | 1 | 0 | 0 |
| Average gross salary (monthly) | 2139 | 2276 | 2378 | — | — |
| Calculated dividend | 0 | 0 | 0 | 0 | 16 396 |
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.
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State aid and grants
4 recordsState aid and de minimis aid in total 120 724 € (2017–2021). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (120 724 €).
Show all aid records (4)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 49 € | 17.09.2021 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 10 674 € | 06.12.2019 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 555 € | 16.11.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 109 446 € | 31.05.2017 |
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 ↗
Change history
2 changes- 12.10.2026*Added: Shareholder Holdco Investments OÜ
- 12.10.2026*Left: Shareholder ADM INTERACTIVE OÜ
Entered in the register on 24.04.2015.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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