OÜ SpruceRegistered

12997277Private limited company (OÜ)Founded 2016

Key figures

74 708 €+54,7%
Revenue 2025
+5,4%
Average annual growth 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202621 352 €1185 €
Q2 202664 468 €1185 €
Q1 202613 403 €1185 €
Q4 202525 216 €1185 €
Q3 202523 989 €1185 €
Q2 202512 000 €1185 €
Q1 202514 000 €1170 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 61 730 € (40% of distributable profit).

History
202561 730 €
202483 900 €
2023273 188 €
202227 176 €
202110 000 €
202010 583 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets39 73566 29657 179102 466179 49457 35623 682
Total non-current assets179 114151 671159 195376 418381 306116 111122 426
Total assets218 849217 967216 374478 884560 800173 467146 108
Balance sheet — liabilities and equity
Current liabilities41 41736 21427 94532 034612211 5266642
Non-current liabilities32 02924 34316 32945 19310 871674412 515
Total liabilities73 44660 55744 27477 22716 99318 27019 157
Share capital2500250025002500250025002500
Retained earnings of previous periods115 588132 070144 660142 174125 719457 15790 717
Profit for the year27 06522 59024 690256 733415 338−304 71033 484
Reserves and other equity250250250250250250250
Total equity145 403157 410172 100401 657543 807155 197126 951
Income statement
Sales revenue54 33951 66566 513198 47360 24748 30674 708
Operating profit11 52117 15426 48472 688−87 916−78 35018 768
EBITDA12 60424 22834 56789 611−71 090−70 34924 618
Profit before income tax30 75824 50924 690260 908419 885−304 71033 484
Profit for the reporting year27 06522 59024 690256 733415 338−304 71033 484
Labour costs0168516061606160651951606
Depreciation of non-current assets10837074808316 92316 82680015850
Other indicators
Employees0000000
Calculated dividend—10 58310 00027 176273 18883 90061 730

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
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%OÜ Spruce9+Tanel Kuusk
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL
YearFiles
2025PDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL
2019DDOC/BDOCPDFXBRL

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

Summary: OÜ Spruce

Overview

OÜ Spruce (registry code 12997277) 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 real estate agency services (EMTAK 68311). The company is registered for VAT (VAT number EE101858559).

Financial results

Revenue in financial year 2025 was 74 708 €, up 54,7% on the previous year (48 306 €). From 2019 to 2025, revenue grew by an average of 5,4% per year. Net profit for financial year 2025 was 33 484 € (44,8% 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 146 108 € and equity 126 951 € (86,9% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 21 352 €, down 11,0% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 185 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 320 € per month.

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 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. The LEI code (89450059ZZXLSAQ4XF25) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

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