Initialize OÜ
RegisteredKey figures
Ratios
2025Summary: Initialize OÜ
What kind of company is it?
Initialize OÜ (registry code 14456933) 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: Mustamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is arranging and forwarding of shipments (EMTAK 52261). The company is registered for VAT (VAT number EE102071322).
How is the company doing financially?
Revenue in financial year 2025 was 159 646 €, up 38,2% on the previous year (115 548 €). From 2019 to 2025, revenue grew by an average of 8,9% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 4078 € (2,6% of revenue). The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 159 646 €. At the end of financial year 2025, total assets were 44 671 € and equity 37 322 € (83,5% of assets). Based on labour costs in the report, the estimated average gross salary was about 910 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 99 674 €, up 322% on the same quarter a year earlier. Labour taxes paid in the quarter: 1554 €.
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 08.03.2026. 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 | 99 674 € | — | 1554 € |
| Q2 2026 | 55 171 € | — | 1554 € |
| Q1 2026 | 22 725 € | — | 1554 € |
| Q4 2025 | 67 293 € | — | 1554 € |
| Q3 2025 | 23 644 € | — | 1554 € |
| Q2 2025 | 27 260 € | — | 1554 € |
| Q1 2025 | 51 525 € | — | 1510 € |
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 | 82 315 | 110 229 | 98 736 | 115 548 | 159 646 |
| Net profit | −4022 | −3854 | −7008 | 641 | 4078 |
| Retained earnings | 47 487 | 43 465 | 39 611 | 32 603 | 33 244 |
| Total assets | 47 300 | 43 928 | 37 516 | 55 855 | 44 671 |
| Total liabilities | 3835 | 4317 | 4913 | 22 611 | 7349 |
| Total equity | 43 465 | 39 611 | 32 603 | 33 244 | 37 322 |
| Employees | 1 | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 888 | 888 | 888 | 888 | 910 |
| 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 obligationsAll clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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