Creates System OÜ

Registered
14313429Private limited company (OÜ)Founded 2017

Key figures

750 €−73,2%
Revenue 2025
+7,4%
Average annual growth 2020–2025
020 k40 k60 k202020212022202320242025

Ratios

2025

Summary: Creates System OÜ

What kind of company is it?

Creates System OÜ (registry code 14313429) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is all other professional, scientific and technical activities n.e.c. (EMTAK 74991). The company is registered for VAT (VAT number EE102423682).

How is the company doing financially?

Revenue in financial year 2025 was 750 €, down 73,2% on the previous year (2800 €). From 2020 to 2025, revenue grew by an average of 7,4% per year. Financial year 2025 ended with a loss of 9337 €. The company was profitable in 3 of the 6 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 13 886 € and equity 13 033 € (93,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 1950 €, up 255% on the same quarter a year earlier.

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. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 01.07.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20261950 €——
Q2 20260 €——
Q1 20260 €——
Q4 20250 €——
Q3 2025550 €——
Q2 2025200 €—0 €
Q1 20250 €—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
20212022202320242025
Sales revenue2499455958 0042800750
Net profit−5818422 419−3200−9337
Retained earnings—46765123 07019 870
Total assets3037341630 59436 32613 886
Total liabilities70265502413 956853
Total equity2967315125 57022 37013 033
Employees00000
Calculated dividend——000

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 note6 clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2025
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%Creates System OÜArmand Pellja
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

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