Blend IT OÜ
RegisteredKey figures
Ratios
2025Summary: Blend IT OÜ
What kind of company is it?
Blend IT OÜ (registry code 14398199) 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: Kuivastu küla, Muhu vald, Saare maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE102038530).
How is the company doing financially?
Revenue in financial year 2025 was 286 238 €, down 32,4% on the previous year (423 195 €). From 2019 to 2025, revenue grew by an average of 35,1% per year. Financial year 2025 ended with a loss of 47 722 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 143 119 €. At the end of financial year 2025, total assets were 110 913 € and equity 57 103 € (51,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 92 992 €, up 27,6% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 4600 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2830 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (60%) is held by Rainbird Holding OÜ.
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 10.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (254900NPKVLOFWI0ZC47) comes from the GLEIF database. 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 | 92 992 € | 1 | 4600 € |
| Q2 2026 | 104 069 € | 1 | 5315 € |
| Q1 2026 | 86 998 € | 1 | 5315 € |
| Q4 2025 | 73 907 € | 1 | 5315 € |
| Q3 2025 | 72 905 € | 1 | 4231 € |
| Q2 2025 | 68 032 € | — | 4231 € |
| Q1 2025 | 89 939 € | — | 4146 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 26 736 € (21% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 329 028 | 274 760 | 237 088 | 423 195 | 286 238 |
| Net profit | 12 727 | −26 870 | 28 064 | 100 647 | −47 722 |
| Retained earnings | 12 493 | 25 220 | −1650 | 26 414 | 100 325 |
| Total assets | 60 681 | 82 061 | 74 442 | 158 878 | 110 913 |
| Total liabilities | 30 961 | 79 211 | 43 528 | 27 317 | 53 810 |
| Total equity | 29 720 | 2850 | 30 914 | 131 561 | 57 103 |
| Employees | 1 | 1 | 1 | 1 | 2 |
| Average gross salary (monthly) | 1864 | 1864 | 1864 | 2486 | 1422 |
| Calculated dividend | 8000 | 0 | 0 | 0 | 26 736 |
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.
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