Proud Engineers OÜRegistered

14128146Private limited company (OÜ)Founded 2016

Key figures

477 642 €−20,5%
Revenue 2025
+9,6%
Average annual growth 2019–2025
0200 k400 k600 k800 k2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m1,5 m2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202658 807 €624 717 €
Q2 202670 373 €625 269 €
Q1 2026179 247 €437 558 €
Q4 2025122 124 €432 799 €
Q3 202571 587 €632 041 €
Q2 2025118 292 €629 314 €
Q1 2025179 506 €427 511 €

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 11 000 € (1% of distributable profit).

History
dividend other equity decrease
202511 000 €
202491 664 €
2023 ~43 801 €
202223 417 €+2500 € other
20210 €
202030 712 €

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

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets144 125229 994501 026750 5361 066 8011 044 9071 160 708
Total non-current assets163 656250 105897 339331 241222 697246 177287 655
Total assets307 781480 0991 398 3651 081 7771 289 4981 291 0841 448 363
Balance sheet — liabilities and equity
Current liabilities505011 403132 451206 865244 148121 023106 526
Non-current liabilities———51 69491 19419 695102 695
Total liabilities505011 403132 451258 559335 342140 718209 221
Share capital2500250025002500250025002500
Retained earnings of previous periods209 010269 519466 1961 239 997776 917859 9921 136 866
Profit for the year91 221196 677797 218−416 779174 739287 87499 776
Reserves and other equity———−2500———
Total equity302 731468 6961 265 914823 218954 1561 150 3661 239 142
Income statement
Sales revenue275 536232 890297 254482 872642 277600 896477 642
Operating profit88 73725 503100 586132 07253 899134 182119 996
EBITDA92 76431 042109 615142 18762 314139 954128 422
Profit before income tax91 221203 481797 218−411 671184 693308 717102 879
Profit for the reporting year91 221196 677797 218−416 779174 739287 87499 776
Labour costs48 77378 530105 377187 831152 959172 230310 581
Depreciation of non-current assets40275539902910 115841557728426
Other indicators
Employees2223333
Calculated dividend—30 712023 41743 80191 66411 000

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%Proud Engineers OÜ8Taavi Kotka
CompanyPersonShareholderOther roleAdditional link

Public procurement

7 contracts

Public contracts won worth 150 241 € from 4 contracting authorities (19.08.2024–06.06.2026). Plus 5 framework agreements shared with other suppliers (not included in the total).

Source: Public Procurement Register open data from October 2023. All public tenders

Summary: Proud Engineers OÜ

Overview

Proud Engineers OÜ (registry code 14128146) 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: Miiduranna küla, Viimsi vald, Harju maakond. According to the latest annual report, the main activity is other information technology and computer service activities (EMTAK 62901). The company is registered for VAT (VAT number EE101965222).

Financial results

Revenue in financial year 2025 was 477 642 €, down 20,5% on the previous year (600 896 €). From 2019 to 2025, revenue grew by an average of 9,6% per year. Net profit for financial year 2025 was 99 776 € (20,9% 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 159 214 €. At the end of financial year 2025, total assets were 1 448 363 € and equity 1 239 142 € (85,6% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 58 807 €, down 17,9% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 24 717 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2550 € 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 (254900BHA0EEKQ99AO64) 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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