Initus OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 44 120 € | — | 0 € |
| Q2 2026 | 54 481 € | — | 0 € |
| Q1 2026 | 46 924 € | — | 0 € |
| Q4 2025 | 49 732 € | — | 0 € |
| Q3 2025 | 46 318 € | — | 0 € |
| Q2 2025 | 45 296 € | — | 0 € |
| Q1 2025 | 55 493 € | — | 0 € |
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 | 4101 | 1738 | 3102 | 12 188 | 67 205 | 107 286 | 90 943 |
| Total non-current assets | 15 000 | 14 700 | 15 400 | 122 909 | 411 348 | 1 283 477 | 1 285 850 |
| Total assets | 19 101 | 16 438 | 18 502 | 135 097 | 478 553 | 1 390 763 | 1 376 793 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 16 072 | 3300 | 3240 | 19 984 | 91 627 | 86 554 | 71 782 |
| Non-current liabilities | — | — | — | — | 100 000 | 999 163 | 956 284 |
| Total liabilities | 16 072 | 3300 | 3240 | 19 984 | 191 627 | 1 085 717 | 1 028 066 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 20 000 | 20 000 |
| Retained earnings of previous periods | −127 | 3028 | 13 138 | 15 263 | 115 113 | 286 925 | 305 046 |
| Profit for the year | 3156 | 10 110 | 2124 | 99 850 | 171 813 | 18 121 | 43 681 |
| Reserves and other equity | −2500 | −2500 | −2500 | −2500 | −2500 | −20 000 | −20 000 |
| Total equity | 3029 | 13 138 | 15 262 | 115 113 | 286 926 | 305 046 | 348 727 |
| Income statement | |||||||
| Sales revenue | 12 743 | 19 138 | 2864 | 23 835 | 84 435 | 280 954 | 296 178 |
| Operating profit | 3156 | 10 110 | 2124 | 101 050 | 172 995 | 63 215 | 112 526 |
| EBITDA | — | 10 410 | 2424 | 102 318 | 176 956 | 81 694 | 141 226 |
| Profit before income tax | 3156 | 10 110 | 2124 | 99 850 | 171 813 | 18 121 | 43 681 |
| Profit for the reporting year | 3156 | 10 110 | 2124 | 99 850 | 171 813 | 18 121 | 43 681 |
| Labour costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation of non-current assets | — | 300 | 300 | 1268 | 3961 | 18 479 | 28 700 |
| Other indicators | |||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 note4 clear
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
Public procurement
1 contractsPublic contracts won worth 0 € from 1 contracting authorities (29.09.2026–29.09.2026). Plus 1 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Majutusteenuse tellimine · Jõhvi linn | Politsei- ja Piirivalveamet | up to 50 000 € | 29.09.2026 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Initus OÜ
Overview
Initus OÜ (registry code 12893150) 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: Jõhvi linn, Jõhvi vald, Ida-Viru maakond. According to the latest annual report, the main activity is renting and operating of own or leased real estate (EMTAK 68201). The company is registered for VAT (VAT number EE101845779).
Financial results
Revenue in financial year 2025 was 296 178 €, up 5,4% on the previous year (280 954 €). From 2019 to 2025, revenue grew by an average of 68,9% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 43 681 € (14,7% of revenue). The company was profitable in all 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 1 376 793 € and equity 348 727 € (25,3% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 44 120 €, down 4,7% on the same quarter a year earlier.
Management and owners
The company has one management board member. The sole owner of the company is a private individual.
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 11.05.2026. 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 (984500JAAE2E3BD5B775) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.