Advapay OÜ

Registered
12992774Private limited company (OÜ)Founded 2016
Tax debt 1844 € as of 10.11.2026.Source: Tax and Customs Board

Key figures

1 361 330 €+64,7%
Revenue 2025
+8,8%
Average annual growth 2019–2025
0500 k1 m1,5 m2 m2019202020212022202320242025

Ratios

2025

Summary: Advapay OÜ

What kind of company is it?

Advapay OÜ (registry code 12992774) is a private limited company (OÜ). The company was entered in the Commercial Register in 2016 and has been registered for 10 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 EE101912068).

How is the company doing financially?

Revenue in financial year 2025 was 1 361 330 €, up 64,7% on the previous year (826 534 €). From 2019 to 2025, revenue grew by an average of 8,8% per year. Net profit for financial year 2025 was 47 268 € (3,5% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 453 777 €. At the end of financial year 2025, total assets were 1 641 958 € and equity 851 538 € (51,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 495 216 €, up 35,8% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 8751 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2700 € per month.

Who runs the company and who owns it?

The management board has 3 members. 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 15.10.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026495 216 €28751 €
Q2 2026401 402 €29012 €
Q1 2026525 732 €25581 €
Q4 2025463 134 €23590 €
Q3 2025364 554 €216 131 €
Q2 2025315 111 €36951 €
Q1 2025301 998 €311 557 €

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
20212022202320242025
Sales revenue1 003 7761 596 9181 295 791826 5341 361 330
Net profit199 181141 60481 86610 15047 268
Retained earnings361 469560 650702 254784 120794 270
Total assets1 027 9551 143 5151 156 6361 999 0791 641 958
Total liabilities464 805431 261362 5161 194 809790 420
Total equity563 150712 254794 120804 270851 538
Employees54433
Average gross salary (monthly)26802716181625171683
Calculated dividend00000

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 issue1 note5 clear
Register status
Registered
Business Register
Tax debt
1844 €
as of 10.11.2026
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2023, 2024, 2025
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

100%Advapay OÜ1Maxim Ivanchenko2Gustav Korobov1Ludmila Korobova
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 6748 € (2023). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (6748 €).

Show all aid records (1)
20236748 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusEkspordi edendamine VTA6748 €08.06.2023

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 ↗

Change history

1 change
  • 09.11.2026*Annual report 2025 filed

Entered in the register on 09.02.2016.

Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).

Annual reportsPDF, XBRL

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies