Innover OÜ
RegisteredKey figures
Ratios
2025Summary: Innover OÜ
What kind of company is it?
Innover OÜ (registry code 14168312) 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: Kuressaare linn, Saaremaa vald, Saare maakond. According to the latest annual report, the main activity is non-specialised wholesale agency services (EMTAK 46191). The company is registered for VAT (VAT number EE101971999).
How is the company doing financially?
Revenue in financial year 2025 was 2 571 259 €, up 22,0% on the previous year (2 107 138 €). From 2019 to 2025, revenue grew by an average of 16,1% per year. Net profit for financial year 2025 was 13 844 € (0,5% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 1 285 630 €. At the end of financial year 2025, total assets were 232 816 € and equity 40 468 € (17,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 590 360 €, down 14,5% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 1973 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 770 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is Good Invest 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. Latest register change: 20.10.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 23.01.2026. 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 (894500RKTCYK998QK207) 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 590 360 € | 2 | 1973 € |
| Q2 2026 | 585 265 € | 2 | 1973 € |
| Q1 2026 | 667 009 € | 2 | 2105 € |
| Q4 2025 | 739 048 € | 2 | 2370 € |
| Q3 2025 | 690 868 € | 2 | 4318 € |
| Q2 2025 | 507 263 € | 2 | 8215 € |
| Q1 2025 | 562 916 € | 3 | 7221 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 51 080 € (68% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 4 429 113 | 2 609 617 | 1 903 023 | 2 107 138 | 2 571 259 |
| Net profit | 89 315 | −1967 | −48 487 | 6661 | 13 844 |
| Retained earnings | 115 681 | 168 996 | 167 029 | 68 543 | 24 124 |
| Total assets | 414 338 | 429 773 | 345 110 | 404 865 | 232 816 |
| Total liabilities | 206 842 | 260 244 | 224 068 | 327 161 | 192 348 |
| Total equity | 207 496 | 169 529 | 121 042 | 77 704 | 40 468 |
| Employees | 2 | 3 | 2 | 2 | 2 |
| Average gross salary (monthly) | 895 | 907 | 692 | 862 | 1237 |
| Calculated dividend | 36 000 | 36 000 | 0 | 49 999 | 51 080 |
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.
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State aid and grants
3 recordsState aid and de minimis aid in total 359 € (2019). Largest grantors: Riigi Tugiteenuste Keskus (359 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Riigi Tugiteenuste Keskus | Muu | 53 € | 31.07.2019 |
| Riigi Tugiteenuste Keskus | Muu | 175 € | 17.06.2019 |
| Riigi Tugiteenuste Keskus | Muu | 130 € | 31.05.2019 |
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 ↗
Change history
2 changes- 09.11.2026*Left: Shareholder
- 20.10.2026Registry entry changed · persons
Entered in the register on 13.12.2016.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
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