Qutest OÜ
RegisteredKey figures
Ratios
2025Summary: Qutest OÜ
What kind of company is it?
Qutest OÜ (registry code 14233765) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 9 years. Registered location: Mustamäe linnaosa, Tallinn, 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 EE101960939).
How is the company doing financially?
Revenue in financial year 2025 was 157 934 €, down 1,3% on the previous year (160 095 €). From 2019 to 2025, revenue grew by an average of 12,2% per year. Net profit for financial year 2025 was 10 694 € (6,8% 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 52 645 €. At the end of financial year 2025, total assets were 138 478 € and equity 132 246 € (95,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 19 639 €, down 48,4% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 4065 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1370 € 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. Latest register change: 27.10.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 25.06.2026. 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 | 19 639 € | 2 | 4065 € |
| Q2 2026 | 38 190 € | 2 | 19 074 € |
| Q1 2026 | 33 103 € | 2 | 13 309 € |
| Q4 2025 | 41 074 € | 3 | 9247 € |
| Q3 2025 | 38 088 € | 3 | 12 349 € |
| Q2 2025 | 39 413 € | 3 | 12 914 € |
| Q1 2025 | 38 008 € | 3 | 10 957 € |
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 | 79 840 | 106 814 | 152 360 | 160 095 | 157 934 |
| Net profit | 30 152 | 45 152 | 18 777 | −6317 | 10 694 |
| Retained earnings | 31 288 | 61 440 | 106 592 | 125 369 | 119 052 |
| Total assets | 71 642 | 124 659 | 137 298 | 132 669 | 138 478 |
| Total liabilities | 7702 | 15 567 | 9429 | 11 117 | 6232 |
| Total equity | 63 940 | 109 092 | 127 869 | 121 552 | 132 246 |
| Employees | 2 | 3 | 3 | 3 | 3 |
| Average gross salary (monthly) | 642 | 622 | 2082 | 2698 | 2285 |
| 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
Change history
5 changes- 09.11.2026*Left: Shareholder Ilona Olm
- 09.11.2026*Left: Management board member Ilona Olm
- 27.10.2026Registry entry changed · persons
- 25.10.2026Registry entry changed · persons
- 01.10.2026Registry entry changed · persons
Entered in the register on 03.04.2017.
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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