Faster Than Light OÜ

Registered
14038822Private limited company (OÜ)Founded 2016

Key figures

1 577 268 €+23,8%
Revenue 2025
+14,3%
Average annual growth 2019–2025
01 m2 m3 m2019202020212022202320242025

Ratios

2025

Summary: Faster Than Light OÜ

What kind of company is it?

Faster Than Light OÜ (registry code 14038822) 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 other information service activities (EMTAK 63921). The company is registered for VAT (VAT number EE101944654).

How is the company doing financially?

Revenue in financial year 2025 was 1 577 268 €, up 23,8% on the previous year (1 274 475 €). From 2019 to 2025, revenue grew by an average of 14,3% per year. Net profit for financial year 2025 was 75 174 € (4,8% of revenue). The company was profitable in 5 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 966 256 € and equity 944 268 € (97,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 317 122 €, down 27,0% on the same quarter a year earlier.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (61,5%) is held by 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 28.05.2026. 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 (984500Z396954F8FD352) comes from the GLEIF database. 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 2026317 122 €——
Q2 2026328 797 €——
Q1 2026323 484 €——
Q4 2025419 405 €——
Q3 2025434 513 €——
Q2 2025364 661 €——
Q1 2025385 640 €——

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 448 8722 176 4641 864 4951 274 4751 577 268
Net profit231 603−14 505156 348170 37275 174
Retained earnings322 775554 378539 874696 222866 594
Total assets688 514799 826722 048880 131966 256
Total liabilities131 636257 45323 32611 03721 988
Total equity556 878542 373698 722869 094944 268
Employees450000
Average gross salary (monthly)1446————
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 note6 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)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2023, 2024
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.

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61,48%38,52%Faster Than Light OÜDmytro Solomadin1Denys Yakovenko
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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