Think Circular OÜRegistered
Annual report for 2025 not filed.
Qualified audit opinion. 2023 report: Qualified.
Key figures
1 679 417 €−34,5%
Revenue 2024
+14,0%
Average annual growth 2019–2024
Ratios
202416,0%
Profit margin
93,9%
Equity ratio
16×
Current ratio
11,7%
Return on equity
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 67 045 € | 1 | — |
| Q1 2026 | 34 400 € | 1 | — |
| Q4 2025 | −237 € | 1 | — |
| Q3 2025 | 44 120 € | 1 | — |
| Q2 2025 | 10 141 € | 1 | — |
| Q1 2025 | 33 421 € | 1 | — |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2024
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 787 683 | 732 293 | 1 209 208 | 1 696 591 | 2 191 611 | 2 438 798 |
| Total non-current assets | — | — | 113 242 | 0 | 0 | — |
| Total assets | 787 683 | 732 293 | 1 322 450 | 1 696 591 | 2 191 611 | 2 438 798 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 21 391 | 524 241 | 534 758 | 302 218 | 171 531 | 149 803 |
| Non-current liabilities | 742 232 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 763 623 | 524 241 | 534 758 | 302 218 | 171 531 | 149 803 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 54 919 | 21 559 | 207 305 | 785 192 | 1 391 873 | 2 017 580 |
| Profit for the year | −33 359 | 183 993 | 577 887 | 606 681 | 625 707 | 268 915 |
| Total equity | 24 060 | 208 052 | 787 692 | 1 394 373 | 2 020 080 | 2 288 995 |
| Income statement | ||||||
| Sales revenue | 870 967 | 810 057 | 1 521 885 | 1 893 801 | 2 565 073 | 1 679 417 |
| Operating profit | −33 270 | 183 992 | 626 147 | 693 998 | 582 132 | 190 098 |
| Profit before income tax | −33 359 | 183 993 | 577 887 | 606 681 | 625 707 | 268 915 |
| Profit for the reporting year | −33 359 | 183 993 | 577 887 | 606 681 | 625 707 | 268 915 |
| Labour costs | 0 | 0 | 806 | 170 | 170 | 0 |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 0 | 0 | 1 | 1 | 1 | 0 |
| 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.
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