IT Solutions Group OÜ

Registered
14049412Private limited company (OÜ)Founded 2016
Tax debt 13 903 € as of 09.11.2026.Source: Tax and Customs Board

Key figures

152 005 €−6,4%
Revenue 2025
+29,8%
Average annual growth 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025

Summary: IT Solutions Group OÜ

What kind of company is it?

IT Solutions Group OÜ (registry code 14049412) 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: Lasnamäe 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 EE101941152).

How is the company doing financially?

Revenue in financial year 2025 was 152 005 €, down 6,4% on the previous year (162 356 €). From 2019 to 2025, revenue grew by an average of 29,8% per year. Financial year 2025 ended with a loss of 203 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 3 employees (4 a year earlier). Revenue per employee was 50 668 €. At the end of financial year 2025, total assets were 31 991 € and equity 1720 € (5,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 22 553 €, down 53,9% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 4748 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1110 € per month.

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 26.07.2026. 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 202622 553 €34748 €
Q2 202647 849 €35146 €
Q1 202692 067 €34298 €
Q4 202520 274 €28659 €
Q3 202548 895 €22169 €
Q2 202538 834 €28502 €
Q1 202562 587 €411 467 €

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

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
20230 €
2022 ~9945 €
20213200 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue82 978128 320135 318162 356152 005
Net profit−8167402654−831−203
Retained earnings17 689−423−21254−577
Total assets34 40928 19029 84341 28131 991
Total liabilities22 38725 71126 71039 35830 271
Total equity12 0222479313319231720
Employees22243
Average gross salary (monthly)14101478176713331448
Calculated dividend32009945000

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
13 903 €
as of 09.11.2026
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: 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

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100%IT Solutions Group OÜ1Pavel Zahharov
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 4479 € (2026). Largest grantors: Eesti Töötukassa (4479 €).

Show all aid records (1)
20264479 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA4479 €03.02.2026

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 ↗

Annual reportsPDF, XBRL

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

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