IT Algorithmic Solutions OÜ
RegisteredKey figures
Ratios
2021Summary: IT Algorithmic Solutions OÜ
What kind of company is it?
IT Algorithmic Solutions OÜ (registry code 14668813) 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: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62011).
How is the company doing financially?
Revenue in financial year 2021 was 234 695 €, up 705% on the previous year (29 169 €). Financial year 2021 ended with a loss of 88 327 €. The company made a loss in all 3 published financial years. According to the report, the company had no employees in financial year 2021.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 4 owners. The largest stake (60,8%) is held by a private individual.
What should you look out for?
4 annual reports have not been filed on time, the latest for financial year 2025. Equity was negative at the end of financial year 2021 (−70 545 €). Equity is below half of the share capital (12 000 €); 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 2021) was filed on 06.06.2022. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Summary of financial statements2019–2021
| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Sales revenue | — | 29 169 | 234 695 |
| Net profit | −179 077 | −248 728 | −88 327 |
| Retained earnings | — | −179 077 | −427 805 |
| Total assets | 473 423 | 508 728 | 608 687 |
| Total liabilities | 450 000 | 490 946 | 679 232 |
| Total equity | 23 423 | 17 782 | −70 545 |
| Employees | 0 | 0 | 0 |
| Calculated dividend | — | — | 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 issue5 clear
Data from public registers, not a credit rating.