Futugrid Technologies OÜ

Registered
14775972Private limited company (OÜ)Founded 2019

Key figures

1 997 056 €+93 879,1%
Revenue 2025
+443,8%
Average annual growth 2019/20–2025
0500 k1 m1,5 m2 m2019/2020212022202320242025

Ratios

2025

Summary: Futugrid Technologies OÜ

What kind of company is it?

Futugrid Technologies OÜ (registry code 14775972) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is research and development in natural sciences and engineering (EMTAK 72101). The company is registered for VAT (VAT number EE102178953).

How is the company doing financially?

Revenue in financial year 2025 was 1 997 056 €, up 93 879% on the previous year (2125 €). From 2019/20 to 2025, revenue grew by an average of 444% per year. This is the company's highest revenue among the published years (2019/20–2025). Net profit for financial year 2025 was 418 553 € (21,0% of revenue). The company was profitable in 5 of the 6 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 998 528 €. At the end of financial year 2025, total assets were 2 107 155 € and equity 1 430 062 € (67,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 2 697 965 €, up 109% on the same quarter a year earlier. The company had 8 employees in that quarter. Labour taxes paid in the quarter: 27 724 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2180 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 5 owners. The largest stake (78,1%) is held by OÜ KülmDušš.

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 30.06.2026. 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 20262 697 965 €827 724 €
Q2 20262 018 844 €620 825 €
Q1 202619 640 €414 709 €
Q4 2025447 057 €47656 €
Q3 20251 289 643 €20 €
Q2 2025255 879 €—0 €
Q1 2025470 €—0 €

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
20212022202320242025
Sales revenue0061921251 997 056
Net profit25 481212 030182 434474 765418 553
Retained earnings−500120 280232 310414 744889 509
Total assets144 928729 8541 252 5211 592 1082 107 155
Total liabilities77 448450 544790 777580 599677 093
Total equity67 480279 310461 7441 011 5091 430 062
Employees12222
Average gross salary (monthly)375———1553
Calculated dividend00000

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

Click a node to see its other connections.

78,05%14,63%4,88%1,46%0,98%Futugrid Technologies…OÜ KülmDušš1OÜ TripleDev2Osaühing AT SEVEN3Buffeljags Securities…3Immaru Investments OÜ2Tanel Kübarsepp7Toomas Valge
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

Public procurement

The company is itself a contracting authority: 5 tenders. View tenders →

State aid and grants

10 records

State aid and de minimis aid in total 596 988 € (2020–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (411 902 €), SA Keskkonnainvesteeringute Keskus (184 531 €), Välisministeerium (556 €).

Show all aid records (10)
202620 556 €
2024184 531 €
202387 483 €
202234 965 €
2021263 454 €
20206000 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusMuu20 000 €13.10.2026
VälisministeeriumNõustamine VTA556 €12.02.2026
SA Keskkonnainvesteeringute KeskusMuu184 531 €15.10.2024
Ettevõtluse ja Innovatsiooni SihtasutusT&A väiketoetusskeem4999 €23.01.2023
Ettevõtluse ja Innovatsiooni SihtasutusTeadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus82 484 €23.01.2023
Ettevõtluse ja Innovatsiooni SihtasutusArendusosak34 965 €16.05.2022
Ettevõtluse ja Innovatsiooni SihtasutusT&A põhitoetusskeem9998 €09.07.2021
Ettevõtluse ja Innovatsiooni SihtasutusTeadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus218 706 €09.07.2021
Ettevõtluse ja Innovatsiooni SihtasutusArendusosak34 750 €17.03.2021
Ettevõtluse ja Innovatsiooni SihtasutusInnovatsiooni osak6000 €12.10.2020

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

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

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