Devsoft Baltic OÜ
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2025Summary: Devsoft Baltic OÜ
What kind of company is it?
Devsoft Baltic OÜ (registry code 12851967) 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 computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE101817626).
How is the company doing financially?
Revenue in financial year 2025 was 885 058 €, down 16,3% on the previous year (1 056 961 €). From 2019 to 2025, revenue grew by an average of 45,4% per year. Net profit for financial year 2025 was 169 868 € (19,2% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 885 058 €. At the end of financial year 2025, total assets were 356 922 € and equity 226 113 € (63,4% of assets). Based on labour costs in the report, the estimated average gross salary was about 4710 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 239 374 €, up 4,7% on the same quarter a year earlier.
Who runs the company and who owns it?
The management board has 3 members. According to the register, the company has 3 owners. The largest stake (33,3%) is held by 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. 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 | 239 374 € | — | — |
| Q2 2026 | 255 132 € | — | 0 € |
| Q1 2026 | 266 968 € | — | 0 € |
| Q4 2025 | 222 759 € | — | 0 € |
| Q3 2025 | 228 622 € | — | 0 € |
| Q2 2025 | 276 401 € | — | 11 387 € |
| Q1 2025 | 363 106 € | 1 | 42 544 € |
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 | 251 184 | 345 008 | 701 799 | 1 056 961 | 885 058 |
| Net profit | 65 419 | −210 975 | 3985 | 89 794 | 169 868 |
| Retained earnings | 105 471 | 170 890 | −40 084 | −36 099 | 53 695 |
| Total assets | 193 838 | 56 642 | 104 079 | 193 167 | 356 922 |
| Total liabilities | 20 398 | 94 177 | 137 628 | 136 922 | 130 809 |
| Total equity | 173 440 | −37 535 | −33 549 | 56 245 | 226 113 |
| Employees | 3 | 3 | 3 | 2 | 1 |
| Average gross salary (monthly) | 3042 | 10 004 | 7693 | 10 371 | 4711 |
| 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 note7 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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