Turnit OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 2 661 586 € | 54 | 488 340 € |
| Q2 2026 | 1 676 476 € | 51 | 420 482 € |
| Q1 2026 | 2 554 075 € | 49 | 428 965 € |
| Q4 2025 | 1 946 605 € | 47 | 432 873 € |
| Q3 2025 | 2 506 790 € | 52 | 440 912 € |
| Q2 2025 | 2 073 779 € | 53 | 440 126 € |
| Q1 2025 | 2 989 349 € | 53 | 445 596 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 367 101 | 274 007 | 777 088 | 795 234 | 788 091 | 2 460 758 | 1 759 847 |
| Total non-current assets | 2 453 856 | 2 521 252 | 3 149 662 | 4 508 395 | 6 046 271 | 6 696 102 | 6 487 191 |
| Total assets | 2 820 957 | 2 795 259 | 3 926 750 | 5 303 629 | 6 834 362 | 9 156 860 | 8 247 038 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 997 728 | 499 243 | 1 117 139 | 776 130 | 2 052 680 | 3 932 209 | 3 328 395 |
| Non-current liabilities | 1 507 350 | 1 796 785 | 2 070 826 | 0 | 450 000 | 0 | 0 |
| Total liabilities | 2 505 078 | 2 296 028 | 3 187 965 | 776 130 | 2 502 680 | 3 932 209 | 3 328 395 |
| Share capital | 2941 | 2941 | 2941 | 13 787 | 13 787 | 13 787 | 13 787 |
| Retained earnings of previous periods | 14 152 | −286 621 | −103 268 | 136 285 | 214 173 | −141 693 | 751 276 |
| Profit for the year | −300 773 | 183 352 | 239 553 | 77 888 | −355 866 | 892 969 | −306 008 |
| Reserves and other equity | 599 559 | 599 559 | 599 559 | 4 299 539 | 4 459 588 | 4 459 588 | 4 459 588 |
| Total equity | 315 879 | 499 231 | 738 785 | 4 527 499 | 4 331 682 | 5 224 651 | 4 918 643 |
| Income statement | |||||||
| Sales revenue | 1 883 974 | 2 789 038 | 2 945 480 | 4 221 700 | 4 809 321 | 8 235 103 | 8 150 754 |
| Operating profit | −267 481 | 212 225 | 273 246 | 116 534 | −311 637 | 1 030 559 | −171 022 |
| EBITDA | — | — | — | — | 1 106 159 | 3 039 025 | 2 228 542 |
| Profit before income tax | −300 773 | 183 352 | 239 553 | 77 888 | −355 866 | 892 969 | −306 008 |
| Profit for the reporting year | −300 773 | 183 352 | 239 553 | 77 888 | −355 866 | 892 969 | −306 008 |
| Labour costs | 1 277 289 | 1 422 704 | 1 541 521 | 2 237 092 | 3 750 917 | 4 723 765 | 4 371 621 |
| Depreciation of non-current assets | — | — | — | — | 1 417 796 | 2 008 466 | 2 399 564 |
| Other indicators | |||||||
| Employees | 38 | 39 | 36 | 42 | 54 | 63 | 58 |
| Calculated dividend | — | 0 | 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 note5 clear
Data from public registers, not a credit rating.
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Public procurement
1 contractsPublic contracts won worth 250 000 € from 1 contracting authorities (12.02.2026–12.02.2026).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Liikuvusteenuste ja piletimüügi integreeritud andmevahetusplatvormi MaaS X-tee arendamine (Riigikantselei) | Ettevõtluse ja Innovatsiooni Sihtasutus | 250 000 € | 12.02.2026 |
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: Turnit OÜ
Overview
Turnit OÜ (registry code 12851752) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE101797403).
Financial results
Revenue in financial year 2025 was 8 150 754 €, down 1,0% on the previous year (8 235 103 €). From 2019 to 2025, revenue grew by an average of 27,6% per year. Financial year 2025 ended with a loss of 306 008 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 58 employees (63 a year earlier). Revenue per employee was 140 530 €. At the end of financial year 2025, total assets were 8 247 038 € and equity 4 918 643 € (59,6% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 2 661 586 €, up 6,2% on the same quarter a year earlier. The company had 54 employees in that quarter. Labour taxes paid in the quarter: 488 340 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 5350 € per month.
Management and owners
The management board has 2 members. The supervisory board has 2 members. According to the register, the company has 2 owners. The largest stake (90,4%) is held by OÜ Mobiilmarketing.
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 29.06.2026. 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.