Techvitas OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 817 623 € | 7 | 32 640 € |
| Q2 2026 | 859 222 € | 6 | 35 644 € |
| Q1 2026 | 612 748 € | 6 | 29 103 € |
| Q4 2025 | 867 430 € | 6 | 31 682 € |
| Q3 2025 | 942 779 € | 6 | 30 596 € |
| Q2 2025 | 764 541 € | 6 | 25 725 € |
| Q1 2025 | 629 692 € | 5 | 24 919 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 55 831 | 94 254 | 105 647 | 96 921 | 117 958 | 67 659 | 176 484 |
| Total non-current assets | 11 099 | 8089 | 21 276 | 22 943 | 30 084 | 24 406 | 18 860 |
| Total assets | 66 930 | 102 343 | 126 923 | 119 864 | 148 042 | 92 065 | 195 344 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 227 377 | 284 436 | 280 446 | 259 307 | 302 832 | 243 228 | 166 592 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 227 377 | 284 436 | 280 446 | 259 307 | 302 832 | 243 228 | 166 592 |
| Share capital | 2500 | 2500 | 52 500 | 52 501 | 52 501 | 52 501 | 52 501 |
| Retained earnings of previous periods | −43 826 | −162 947 | −184 593 | −206 022 | −241 943 | −257 290 | −253 663 |
| Profit for the year | −119 121 | −21 646 | −21 430 | −35 921 | −15 347 | 3627 | 179 915 |
| Reserves and other equity | — | — | — | 49 999 | 49 999 | 49 999 | 49 999 |
| Total equity | −160 447 | −182 093 | −153 523 | −139 443 | −154 790 | −151 163 | 28 752 |
| Income statement | |||||||
| Sales revenue | 452 301 | 565 296 | 689 725 | 1 068 972 | 1 220 943 | 1 297 179 | 1 959 797 |
| Operating profit | −119 121 | −21 646 | −21 430 | −35 921 | −15 347 | 3626 | 179 911 |
| EBITDA | −116 243 | −18 636 | −17 861 | −29 137 | −8988 | 9304 | 185 457 |
| Profit before income tax | −119 121 | −21 646 | −21 430 | −35 921 | −15 347 | 3627 | 179 915 |
| Profit for the reporting year | −119 121 | −21 646 | −21 430 | −35 921 | −15 347 | 3627 | 179 915 |
| Labour costs | 109 182 | 117 697 | 113 321 | 209 957 | 227 461 | 221 732 | 260 950 |
| Depreciation of non-current assets | 2878 | 3010 | 3569 | 6784 | 6359 | 5678 | 5546 |
| Other indicators | |||||||
| Employees | 3 | 3 | 3 | 5 | 6 | 5 | 6 |
| Calculated dividend | — | 0 | 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.
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Summary: Techvitas OÜ
Overview
Techvitas OÜ (registry code 14173052) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is wholesale of other machinery and equipment (EMTAK 46649). The company is registered for VAT (VAT number EE101943765).
Financial results
Revenue in financial year 2025 was 1 959 797 €, up 51,1% on the previous year (1 297 179 €). From 2019 to 2025, revenue grew by an average of 27,7% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 179 915 € (9,2% of revenue). The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 6 employees (5 a year earlier). Revenue per employee was 326 633 €. At the end of financial year 2025, total assets were 195 344 € and equity 28 752 € (14,7% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 817 623 €, down 13,3% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 32 640 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2860 € per month.
Management and owners
The company has one management board member. The sole owner of the company is "UAB TECHVITAS", 141854261 (LTU).
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 03.06.2026. 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.