Parallel Loops OÜ

Registered
14342804Private limited company (OÜ)Founded 2017

Key figures

153 972 €−11,1%
Revenue 2025
+113,4%
Average annual growth 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025

Summary: Parallel Loops OÜ

What kind of company is it?

Parallel Loops OÜ (registry code 14342804) 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: Pärnu-Jaagupi alev, Põhja-Pärnumaa vald, Pärnu maakond. According to the latest annual report, the main activity is other software publishing (EMTAK 58291). The company is registered for VAT (VAT number EE102734012).

How is the company doing financially?

Revenue in financial year 2025 was 153 972 €, down 11,1% on the previous year (173 202 €). From 2019 to 2025, revenue grew by an average of 113% per year. Net profit for financial year 2025 was 98 561 € (64,0% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 153 972 €. At the end of financial year 2025, total assets were 263 409 € and equity 259 052 € (98,3% of assets). Based on labour costs in the report, the estimated average gross salary was about 4180 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 77 393 €, up 110% 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 30.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202677 393 €—0 €
Q2 202663 947 €—0 €
Q1 202651 655 €—0 €
Q4 202545 711 €—0 €
Q3 202536 855 €—0 €
Q2 202539 525 €—0 €
Q1 202550 246 €—0 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
dividend other equity decrease
20250 €
20240 €
20230 €
20226000 €+3055 € other
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue19030 00025 500173 202153 972
Net profit−41325 487−20 527119 18098 561
Retained earnings10 170375725 48738 810157 991
Total assets975726 18917 761173 557263 409
Total liabilities———13 0674357
Total equity975726 18917 761160 490259 052
Employees00111
Average gross salary (monthly)——124637374183
Calculated dividend06000000

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 note5 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: 2024
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%Parallel Loops OÜ1Mihkel Vaher
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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