Spiral Wave OÜ

Registered
12844619Private limited company (OÜ)Founded 2015

Key figures

58 523 €+913,7%
Revenue 2025
+111,2%
Average annual growth 2019–2025
020 k40 k60 k2019202020212022202320242025

Ratios

2025

Summary: Spiral Wave OÜ

What kind of company is it?

Spiral Wave OÜ (registry code 12844619) 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: Uusna küla, Viljandi vald, Viljandi maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE102890781).

How is the company doing financially?

Revenue in financial year 2025 was 58 523 €, up 914% on the previous year (5773 €). From 2019 to 2025, revenue grew by an average of 111% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 48 352 € (82,6% of revenue). The company was profitable in 5 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 78 660 € and equity 77 964 € (99,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 1744 €, up 1644% 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 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 03.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (984500D884F69F9CEH77) 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20261744 €—0 €
Q2 20266350 €—0 €
Q1 202613 500 €—0 €
Q4 202516 960 €—0 €
Q3 2025100 €—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
20212022202320242025
Sales revenue010642110577358 523
Net profit−571−5242682368848 352
Retained earnings27 82427 25322 74223 42427 112
Total assets34 56330 49829 86329 61278 660
Total liabilities4810598839390696
Total equity29 75324 51025 92429 61277 964
Employees00000
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 obligations1 note6 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
Filed late: 2023, 2024
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%Spiral Wave OÜ4Karel Kangro
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

Change history

1 change
  • 12.10.2026*Address changed: Viljandi maakond, Viljandi vald, Uusna küla, Nuia-Jüri · previously: Harju maakond, Tallinn, Põhja-Tallinna linnaosa, Telliskivi tn 46/1-2

Entered in the register on 04.05.2015.

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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