Edusystems OÜ

Registered
14817503Private limited company (OÜ)Founded 2019
Annual reports for 2024, 2025 not filed.
Qualified audit opinion. 2023 report: Qualified.

Key figures

14 607 563 €+234,2%
Revenue 2023/24
+277,7%
Average annual growth 2019/20–2023/24
05 m10 m15 m2019/2020212023/24

Ratios

2023/24

Summary: Edusystems OÜ

What kind of company is it?

Edusystems OÜ (registry code 14817503) 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 activities of advertising agencies (EMTAK 73111). The company is registered for VAT (VAT number EE102234842).

How is the company doing financially?

Revenue in financial year 2023/24 was 14 607 563 €. From 2019/20 to 2023/24, revenue grew by an average of 278% per year. Net profit for financial year 2023/24 was 4 288 054 € (29,4% of revenue). The company was profitable in all 3 published financial years. In financial year 2023/24 the company had 4 employees. Revenue per employee was 3 651 891 €. At the end of financial year 2023/24, total assets were 6 215 676 € and equity 5 466 890 € (88,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 2 797 899 €, up 91,1% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 6647 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2100 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.

What should you look out for?

2 annual reports have not been filed on time, the latest for financial year 2025.

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 2023/24) was filed on 08.10.2026. 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 797 899 €26647 €
Q2 20262 769 507 €26491 €
Q1 20261 245 611 €26959 €
Q4 2025745 742 €28519 €
Q3 20251 463 992 €28519 €
Q2 20252 417 893 €27935 €
Q1 20253 465 924 €26640 €

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

Dividends

calculated
2021

Distributed as dividends 507 500 € (100% of distributable profit).

Summary of financial statements2020–2023
2019/2020212023/24
Sales revenue1 023 8794 371 54114 607 563
Net profit509 5192 388 7184 288 054
Retained earnings—20191 176 336
Total assets516 7632 399 2546 215 676
Total liabilities47446017748 786
Total equity512 0192 393 2375 466 890
Employees224
Average gross salary (monthly)—12531470
Calculated dividend—507 500—

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 issue1 note6 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
1/3 filed
Not filed: 2024, 2025
Filed late: 2023
Business Register · 2023–2025
Auditor's opinion
Qualified
Business Register · 2023 annual report
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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50%50%Edusystems OÜ3Pjotr Tsvetkov1Vitali Gorjatšev
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

Change history

1 change
  • 09.11.2026*Annual report 2023 filed

Entered in the register on 02.10.2019.

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

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

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