Frodes OÜ

Registered
14645031Private limited company (OÜ)Founded 2019

Key figures

189 076 €+16,2%
Revenue 2025
+106,7%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: Frodes OÜ

What kind of company is it?

Frodes OÜ (registry code 14645031) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 7 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE102131518).

How is the company doing financially?

Revenue in financial year 2025 was 189 076 €, up 16,2% on the previous year (162 654 €). From 2019 to 2025, revenue grew by an average of 107% per year. Net profit for financial year 2025 was 96 026 € (50,8% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 189 076 €. At the end of financial year 2025, total assets were 379 345 € and equity 363 011 € (95,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 55 126 €, down 7,9% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 5289 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3220 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 3 owners. The largest stake (50%) is held by 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 25.05.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202655 126 €15289 €
Q2 202650 954 €15569 €
Q1 202656 343 €15943 €
Q4 202538 504 €15516 €
Q3 202559 855 €15522 €
Q2 202546 281 €15516 €
Q1 202539 844 €15256 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 6500 € (2% of distributable profit).

History
20256500 €
202414 624 €
20235301 €
20224566 €
2021 ~5807 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue80 720121 807260 562162 654189 076
Net profit18 30344 528159 79072 85596 026
Retained earnings013 73752 964198 130264 485
Total assets25 72363 618219 404282 136379 345
Total liabilities492028534150865116 334
Total equity20 80360 765215 254273 485363 011
Employees11111
Average gross salary (monthly)25282961389031163298
Calculated dividend58074566530114 6246500

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
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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29%21%50%Frodes OÜ1Can Özbay1Annika HuntElijah David Kaye Wood
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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