Nevercode OÜRegistered
Key figures
2 879 913 €+4,3%
Revenue 2025
+6,3%
Average annual growth 2019–2025
Ratios
2025−11,4%
Profit margin
58,8%
Equity ratio
2,4×
Current ratio
−106,6%
Return on equity
4908 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 3 081 141 € | 6 | 49 563 € |
| Q1 2026 | 243 034 € | 6 | 49 148 € |
| Q4 2025 | 274 489 € | 6 | 56 065 € |
| Q3 2025 | 288 704 € | 7 | 57 544 € |
| Q2 2025 | 405 774 € | 7 | 59 412 € |
| Q1 2025 | 3 102 091 € | 7 | 56 078 € |
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 | 763 907 | 1 010 041 | 1 574 432 | 791 814 | 793 466 | 863 928 | 522 454 |
| Total non-current assets | 5289 | 7876 | 16 960 | 10 316 | 0 | 0 | 0 |
| Total assets | 769 196 | 1 017 917 | 1 591 392 | 802 130 | 793 466 | 863 928 | 522 454 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 850 954 | 891 709 | 1 069 390 | 192 629 | 182 341 | 228 890 | 215 099 |
| Non-current liabilities | 12 000 | 12 000 | 0 | — | — | — | — |
| Total liabilities | 862 954 | 903 709 | 1 069 390 | 192 629 | 182 341 | 228 890 | 215 099 |
| Share capital | 3027 | 3027 | 3027 | 3027 | 3027 | 3027 | 3027 |
| Retained earnings of previous periods | −1 130 872 | −207 057 | 907 | 408 702 | 496 201 | 497 825 | 521 738 |
| Profit for the year | 923 814 | 207 965 | 407 795 | 87 499 | 1624 | 23 913 | −327 683 |
| Reserves and other equity | 110 273 | 110 273 | 110 273 | 110 273 | 110 273 | 110 273 | 110 273 |
| Total equity | −93 758 | 114 208 | 522 002 | 609 501 | 611 125 | 635 038 | 307 355 |
| Income statement | |||||||
| Sales revenue | 1 994 723 | 1 196 018 | 1 580 771 | 2 163 775 | 2 559 287 | 2 761 827 | 2 879 913 |
| Operating profit | 917 991 | 209 120 | 408 188 | 88 355 | 2487 | 23 080 | −316 180 |
| EBITDA | 931 415 | 211 319 | 411 816 | 93 367 | 5741 | 23 080 | — |
| Profit before income tax | 923 814 | 207 965 | 407 795 | 87 499 | 1624 | 23 913 | −327 683 |
| Profit for the reporting year | 923 814 | 207 965 | 407 795 | 87 499 | 1624 | 23 913 | −327 683 |
| Labour costs | 624 179 | 487 254 | 518 488 | 529 987 | 655 286 | 746 969 | 679 421 |
| Depreciation of non-current assets | 13 424 | 2199 | 3628 | 5012 | 3254 | 0 | — |
| Other indicators | |||||||
| Employees | 17 | 14 | 14 | 12 | 9 | 8 | 9 |
| 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.
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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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