Downforce Financing OÜ
RegisteredKey figures
Ratios
2024Summary: Downforce Financing OÜ
What kind of company is it?
Downforce Financing OÜ (registry code 14259291) 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: Kuressaare linn, Saaremaa vald, Saare maakond. According to the latest annual report, the main activity is real estate agency services (EMTAK 68311).
How is the company doing financially?
Revenue in financial year 2024 was 16 164 €, up 145% on the previous year (6592 €). From 2019 to 2024, revenue grew by an average of 116% per year. This is the company's highest revenue among the published years (2019–2024). Net profit for financial year 2024 was 2259 € (14,0% of revenue). The company was profitable in 4 of the 6 published financial years. According to the report, the company had no employees in financial year 2024. At the end of financial year 2024, total assets were 8571 € and equity 8571 € (100% of assets).
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.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 10.09.2025. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q4 2025. 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 |
|---|---|---|---|
| Q4 2025 | — | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 0 | 278 | 0 | 6592 | 16 164 |
| Net profit | 0 | 200 | −17 | 5889 | 2259 |
| Retained earnings | 240 | 240 | 440 | 423 | 6312 |
| Total assets | 2740 | 2940 | 423 | 6312 | 8571 |
| Total liabilities | — | — | — | — | — |
| Total equity | 2740 | 2940 | 423 | 6312 | 8571 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| 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 obligations1 issue6 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.