Online Currency Transfers OÜ
RegisteredKey figures
Ratios
2021Summary: Online Currency Transfers OÜ
What kind of company is it?
Online Currency Transfers OÜ (registry code 14416840) is a private limited company (OÜ). The company was entered in the Commercial Register in 2018 and has been registered for 8 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other financial service activities n.e.c., except insurance and pension funding (EMTAK 64991).
How is the company doing financially?
Revenue in financial year 2021 was 155 315 €, up 1009% on the previous year (14 000 €). Net profit for financial year 2021 was 72 312 € (46,6% of revenue). The company was profitable in 1 of the 3 published financial years. In financial year 2021 the company had 3 employees (2 a year earlier). Revenue per employee was 51 772 €. At the end of financial year 2021, total assets were 41 303 € and equity 24 000 € (58,1% of assets). Based on labour costs in the report, the estimated average gross salary was about 1720 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is Online Currency Transfers LTD.
What should you look out for?
4 annual reports have not been filed on time, the latest for financial year 2025.
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 2021) was filed on 22.06.2022. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Dividends
calculatedDistributed as dividends 58 431 €.
Low confidence: the amount exceeds retained earnings from previous years, from which dividends can be paid by law — probably a merger, an opening balance adjustment or a reporting error.
Summary of financial statements2019–2021
| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Sales revenue | 0 | 14 000 | 155 315 |
| Net profit | 0 | −1881 | 72 312 |
| Retained earnings | — | — | −60 312 |
| Total assets | 2500 | 14 953 | 41 303 |
| Total liabilities | — | 4834 | 17 303 |
| Total equity | 2500 | 10 119 | 24 000 |
| Employees | 0 | 2 | 3 |
| Average gross salary (monthly) | — | — | 1723 |
| Calculated dividend | — | 0 | 58 431 |
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 obligations2 issues5 clear
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.