Connected Baltics OÜ
RegisteredKey figures
Ratios
2025Summary: Connected Baltics OÜ
What kind of company is it?
Connected Baltics OÜ (registry code 14158880) is a private limited company (OÜ). The company was entered in the Commercial Register in 2016 and has been registered for 9 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is other telecommunications activities (EMTAK 61901). The company is registered for VAT (VAT number EE101937438).
How is the company doing financially?
Revenue in financial year 2025 was 20 682 €, down 15,4% on the previous year (24 453 €). From 2019 to 2025, revenue declined by an average of 5,4% per year. Financial year 2025 ended with a loss of 16 174 €. The company was profitable in 1 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 35 313 € and equity 4927 € (14,0% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 6702 €, up 50,3% on the same quarter a year earlier.
Who runs the company and who owns it?
The management board has 5 members. The sole owner of the company is TarkVent OÜ.
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 01.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 6702 € | — | 0 € |
| Q2 2026 | 5444 € | — | 0 € |
| Q1 2026 | 4682 € | — | 0 € |
| Q4 2025 | 6039 € | — | 0 € |
| Q3 2025 | 4460 € | — | 0 € |
| Q2 2025 | 7676 € | — | 0 € |
| Q1 2025 | 5567 € | — | 0 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 9147 | 7920 | 12 257 | 24 453 | 20 682 |
| Net profit | −71 039 | −70 324 | −61 722 | 36 967 | −16 174 |
| Retained earnings | −536 425 | −607 464 | −677 788 | −18 366 | 18 601 |
| Total assets | 119 932 | 99 748 | 83 967 | 57 862 | 35 313 |
| Total liabilities | 724 896 | 53 892 | 99 833 | 36 761 | 30 386 |
| Total equity | −604 964 | 45 856 | −15 866 | 21 101 | 4927 |
| Employees | 1 | 0 | 0 | 0 | 0 |
| Average gross salary (monthly) | 712 | — | — | — | — |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 |
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
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
State aid and grants
1 recordState aid and de minimis aid in total 20 974 € (2015). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (20 974 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 20 974 € | 04.12.2015 |
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
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- Bolt Operations OÜ1,5 bn €
- Telia Eesti AS363 m €
- Pipedrive OÜ237 m €
- Elisa Eesti AS224 m €
- pawaTech OÜ101 m €