Cordnet OÜ
RegisteredKey figures
Ratios
2025Summary: Cordnet OÜ
What kind of company is it?
Cordnet OÜ (registry code 14748498) 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: Haabneeme alevik, Viimsi vald, Harju maakond. According to the latest annual report, the main activity is data processing, data management, data brokerage and similar activities (EMTAK 63102). The company is registered for VAT (VAT number EE102744086).
How is the company doing financially?
Revenue in financial year 2025 was 1 125 575 €, up 240% on the previous year (331 453 €). From 2019 to 2025, revenue grew by an average of 213% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 618 989 € (55,0% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 3 employees (0 a year earlier). Revenue per employee was 375 192 €. At the end of financial year 2025, total assets were 955 372 € and equity 649 676 € (68,0% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 920 750 €, up 121% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 3287 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 830 € per month.
Who runs the company and who owns it?
The management board has 3 members. According to the register, the company has 3 owners. The largest stake (43%) is held by NetCube OÜ.
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 02.02.2026. 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 | 920 750 € | 3 | 3287 € |
| Q2 2026 | 796 850 € | 3 | 3287 € |
| Q1 2026 | 632 720 € | 3 | 4351 € |
| Q4 2025 | 449 622 € | 3 | 3798 € |
| Q3 2025 | 416 602 € | 3 | 3678 € |
| Q2 2025 | 375 833 € | 3 | 6973 € |
| Q1 2025 | 293 491 € | 3 | 2221 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 99 934 € (78% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 643 | 9351 | 65 454 | 331 453 | 1 125 575 |
| Net profit | 377 | 3456 | 34 623 | 128 121 | 618 989 |
| Retained earnings | 200 | 577 | 4033 | 0 | 28 187 |
| Total assets | 3427 | 6883 | 41 506 | 218 623 | 955 372 |
| Total liabilities | 550 | 550 | 550 | 88 002 | 305 696 |
| Total equity | 2877 | 6333 | 40 956 | 130 621 | 649 676 |
| Employees | 0 | 0 | 1 | 0 | 3 |
| Calculated dividend | 0 | 0 | 0 | 38 456 | 99 934 |
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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