COREL Estonia OÜ
RegisteredKey figures
Ratios
2024/25Summary: COREL Estonia OÜ
What kind of company is it?
COREL Estonia OÜ (registry code 14684195) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 7 years. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE102174216).
How is the company doing financially?
Revenue in financial year 2024/25 was 1 738 667 €, down 30,6% on the previous year (2 503 844 €). From 2019 to 2024/25, revenue grew by an average of 11,6% per year. Net profit for financial year 2024/25 was 43 329 € (2,5% of revenue). The company was profitable in all 7 published financial years. In financial year 2024/25 the company had 12 employees (24 a year earlier). Revenue per employee was 144 889 €. At the end of financial year 2024/25, total assets were 848 426 € and equity 788 323 € (92,9% of assets). Based on labour costs in the report, the estimated average gross salary was about 6910 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, the company declared no turnover in Q3 2026.
Who runs the company and who owns it?
The management board has 2 members. The sole owner of the company is Cascade Parent Limited.
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 2024/25) was filed on 07.09.2026. 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 | 0 € | — | — |
| Q2 2026 | 39 012 € | — | 17 350 € |
| Q1 2026 | 21 367 € | 1 | 21 159 € |
| Q4 2025 | −110 597 € | 1 | 39 630 € |
| Q3 2025 | 302 665 € | 3 | 231 014 € |
| Q2 2025 | 821 121 € | 4 | 169 349 € |
| Q1 2025 | 689 968 € | 18 | 225 694 € |
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
| 2020/21 | 2021/22 † | 2022/23 † | 2023/24 † | 2024/25 | |
|---|---|---|---|---|---|
| Sales revenue | 1 313 832 | 2 372 638 | 2 676 517 | 2 503 844 | 1 738 667 |
| Net profit | 110 702 | 148 170 | 187 113 | 210 250 | 43 329 |
| Retained earnings | 86 487 | 197 189 | 345 359 | 532 472 | 742 494 |
| Total assets | 343 992 | 564 315 | 826 766 | 1 041 176 | 848 426 |
| Total liabilities | 144 303 | 216 456 | 291 794 | 295 954 | 60 103 |
| Total equity | 199 689 | 347 859 | 534 972 | 745 222 | 788 323 |
| Employees | 18 | 29 | 27 | 24 | 12 |
| Average gross salary (monthly) | 3889 | 4007 | 4909 | 5173 | 6910 |
| 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. † Figures for the marked years come from a report filed as PDF and may be incomplete.
Risks and obligations1 note1 for information6 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 18.03.2019.
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
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- Bolt Operations OÜ1,5 bn €
- Telia Eesti AS363 m €
- Pipedrive OÜ237 m €
- Elisa Eesti AS224 m €
- pawaTech OÜ101 m €