Innovation Solutions OÜ
RegisteredKey figures
Ratios
2024Summary: Innovation Solutions OÜ
What kind of company is it?
Innovation Solutions OÜ (registry code 14388700) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 8 years. Registered location: Pudisoo küla, Kuusalu vald, Harju maakond. According to the latest annual report, the main activity is business and other management consultancy (EMTAK 70201). The company is registered for VAT (VAT number EE102044294).
How is the company doing financially?
Revenue in financial year 2024 was 46 289 €, up 63,1% on the previous year (28 380 €). From 2019 to 2024, revenue grew by an average of 27,9% per year. This is the company's highest revenue among the published years (2019–2024). Net profit for financial year 2024 was 14 934 € (32,3% of revenue). The company was profitable in 4 of the 6 published financial years. In financial year 2024 the company had 4 employees (0 a year earlier). Revenue per employee was 11 572 €. At the end of financial year 2024, total assets were 28 118 € and equity 22 937 € (81,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, the company declared no turnover in Q3 2026.
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 26.06.2025. 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 | 0 € | — | — |
| Q2 2026 | 0 € | — | — |
| Q1 2026 | 16 933 € | — | — |
| Q4 2025 | 6605 € | — | — |
| Q3 2025 | 6324 € | — | — |
| Q2 2025 | 7032 € | — | — |
| Q1 2025 | 25 662 € | — | — |
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 | 42 541 | 8000 | 6000 | 28 380 | 46 289 |
| Net profit | 29 207 | 3201 | −25 259 | −8308 | 14 934 |
| Retained earnings | 10 002 | 39 209 | 42 410 | 16 311 | 8003 |
| Total assets | 39 209 | 42 493 | 16 311 | 8015 | 28 118 |
| Total liabilities | 0 | 83 | 0 | 12 | 5181 |
| Total equity | 39 209 | 42 410 | 16 311 | 8003 | 22 937 |
| Employees | 0 | 0 | 0 | 0 | 4 |
| 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.
Connections graph
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.