Etelätär Innovation OÜ
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Etelätär Innovation OÜ
What kind of company is it?
Etelätär Innovation OÜ (registry code 12897283) 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 business and other management consultancy (EMTAK 70201). The company is registered for VAT (VAT number EE101823966).
How is the company doing financially?
Revenue in financial year 2025 was 69 545 €, up 154% on the previous year (27 423 €). From 2019 to 2025, revenue declined by an average of 10,5% per year. Net profit for financial year 2025 was 108 906 € (157% of revenue). The company was profitable in 6 of the 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 372 118 € and equity 370 503 € (99,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 19 048 €, up 5,2% on the same quarter a year earlier.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is 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 14.05.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. 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 | 19 048 € | — | 0 € |
| Q2 2026 | 51 354 € | — | — |
| Q1 2026 | 30 566 € | — | 62 € |
| Q4 2025 | 18 449 € | — | 0 € |
| Q3 2025 | 18 114 € | — | — |
| Q2 2025 | 17 873 € | — | 5 € |
| Q1 2025 | 31 429 € | — | — |
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 | 131 314 | 240 324 | 66 925 | 27 423 | 69 545 |
| Net profit | 44 296 | 122 832 | −30 275 | 30 155 | 108 906 |
| Retained earnings | 94 589 | 138 885 | 261 717 | 231 442 | 261 597 |
| Total assets | 149 370 | 403 557 | 433 950 | 589 201 | 372 118 |
| Total liabilities | 10 485 | 141 840 | 202 508 | 327 604 | 1615 |
| Total equity | 138 885 | 261 717 | 231 442 | 261 597 | 370 503 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| 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 obligationsAll clear
Data from public registers, not a credit rating.
Connections graph
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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