SmartTel Plus OÜ
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Summary: SmartTel Plus OÜ
What kind of company is it?
SmartTel Plus OÜ (registry code 12891576) 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 other telecommunications activities (EMTAK 61901). The company is registered for VAT (VAT number EE101832520).
How is the company doing financially?
Revenue in financial year 2025 was 14 100 295 €, down 51,8% on the previous year (29 251 745 €). From 2019 to 2025, revenue grew by an average of 58,7% per year. Net profit for financial year 2024 was 2 156 560 € (7,4% of revenue). The company was profitable in 1 of the 5 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 14 100 295 €. At the end of financial year 2024, total assets were 13 668 303 € and equity 5 996 158 € (43,9% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 5 913 546 €, down 11,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 7783 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 4640 € per month.
Who runs the company and who owns it?
The company has one management board member.
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 | 5 913 546 € | 1 | 7783 € |
| Q2 2026 | 5 890 645 € | 1 | 7686 € |
| Q1 2026 | 6 663 837 € | 1 | 9692 € |
| Q4 2025 | 6 749 004 € | 1 | 20 019 € |
| Q3 2025 | 6 680 296 € | 2 | 16 341 € |
| Q2 2025 | 5 650 409 € | 2 | 8814 € |
| Q1 2025 | 9 019 812 € | 1 | 14 040 € |
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 | 9 160 283 | 12 183 660 | 31 825 771 | 29 251 745 | 14 100 295 |
| Net profit | −76 798 | −716 019 | — | 2 156 560 | — |
| Retained earnings | −5 113 559 | −5 190 356 | — | −2 405 160 | — |
| Total assets | 5 330 312 | 9 461 156 | 17 806 536 | 13 668 303 | 12 138 927 |
| Total liabilities | 5 291 752 | 8 683 719 | — | 7 672 145 | — |
| Total equity | 38 560 | 777 437 | — | 5 996 158 | — |
| Employees | 1 | 2 | 1 | 1 | 1 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report. † Figures for the marked years come from a report filed as PDF and may be incomplete.
Risks and obligations1 note1 for information5 clear
Data from public registers, not a credit rating.
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State aid and grants
3 recordsState aid and de minimis aid in total 13 468 € (2021–2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (13 468 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 9523 € | 20.11.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 2489 € | 23.03.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 1456 € | 02.11.2021 |
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 ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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