Novel OÜ
RegisteredKey figures
Ratios
2025Summary: Novel OÜ
What kind of company is it?
Novel OÜ (registry code 14447124) 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: Pirita linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is architectural activities (EMTAK 71111). The company is registered for VAT (VAT number EE102516816).
How is the company doing financially?
Revenue in financial year 2025 was 97 865 €, down 3,5% on the previous year (101 441 €). From 2019 to 2025, revenue grew by an average of 24,0% per year. Net profit for financial year 2025 was 9038 € (9,2% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 97 865 €.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 25 998 €, down 35,2% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1036 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 800 € per month.
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?
Equity was negative at the end of financial year 2025 (−7711 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.
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 15.09.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 25 998 € | 1 | 1036 € |
| Q2 2026 | 22 019 € | 1 | 877 € |
| Q1 2026 | 16 711 € | 1 | 855 € |
| Q4 2025 | 10 987 € | 1 | 4287 € |
| Q3 2025 | 40 091 € | 1 | 6073 € |
| Q2 2025 | 41 947 € | 2 | 6073 € |
| Q1 2025 | 6868 € | 2 | 5942 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 1600 | 14 231 | 97 950 | 101 441 | 97 865 |
| Net profit | −696 | −7881 | 61 | −26 525 | 9038 |
| Retained earnings | 15 792 | −696 | −7881 | 7276 | −19 249 |
| Total assets | 15 217 | 22 990 | 81 151 | 29 847 | 57 544 |
| Total liabilities | 120 | 13 274 | 71 375 | 46 596 | 65 255 |
| Total equity | 15 097 | 9716 | 9776 | −16 749 | −7711 |
| Employees | 0 | 0 | 1 | 1 | 1 |
| Average gross salary (monthly) | — | — | 2627 | 4074 | 2402 |
| 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 note6 clear
Data from public registers, not a credit rating.
Connections graph
Change history
1 change- 12.10.2026*Annual report 2025 filed
Entered in the register on 13.03.2018.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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