Advise IT OÜRegistered

14890351Private limited company (OÜ)Founded 2020

Key figures

123 883 €−4,2%
Revenue 2025
+105,3%
Average annual growth 2020–2025
050 k100 k150 k202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202613 418 €12826 €
Q2 202619 476 €11884 €
Q1 202635 459 €12826 €
Q4 202519 511 €12826 €
Q3 202522 862 €12826 €
Q2 202547 372 €12826 €
Q1 202520 448 €12534 €

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

Dividends

calculated
2025

Distributed as dividends 38 000 € (22% of distributable profit).

History
202538 000 €
202480 001 €
20230 €
20220 €
20210 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2020–2025
202020212022202320242025
Balance sheet — assets
Total current assets26711574 312174 154105 878136 980
Total non-current assets12 93858 67644 034076 89076 890
Total assets12 96465 791118 346174 154182 768213 870
Balance sheet — liabilities and equity
Current liabilities——1169011 27014 295
Non-current liabilities660010 6000000
Total liabilities660010 6001169011 27014 295
Share capital250025002500250025002500
Retained earnings of previous periods—17 25752 691114 67791 653130 998
Profit for the year386435 43461 98656 97777 34566 077
Total equity636455 191117 177174 154171 498199 575
Income statement
Sales revenue340039 96082 46778 260129 365123 883
Operating profit237339 55475 97456 24091 56872 916
Profit before income tax386435 43461 98656 97797 34576 795
Profit for the reporting year386435 43461 98656 97777 34566 077
Labour costs000707819 58423 304
Depreciation of non-current assets——————
Other indicators
Employees000111
Calculated dividend—00080 00138 000

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)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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100%Advise IT OÜ2Olga Luštšik
CompanyPersonShareholderOther roleAdditional link

Public procurement

1 contracts

Public contracts won worth 0 € from 1 contracting authorities (01.07.2026–01.07.2026). Plus 5 framework agreements shared with other suppliers (not included in the total).

TenderContracting authorityAmountAwarded
Mentorteenus · Toote- ja teenusedisainSihtasutus Tallinna Teaduspark TEHNOPOLup to 3600 €01.07.2026
Mentorteenus · TarkvaraarendusSihtasutus Tallinna Teaduspark TEHNOPOLup to 1200 €01.07.2026
Mentorteenus · Meeskond/HRSihtasutus Tallinna Teaduspark TEHNOPOLup to 1600 €01.07.2026
Mentorteenus · FinantsSihtasutus Tallinna Teaduspark TEHNOPOLup to 4800 €01.07.2026
Mentorteenus · ÄriarendusSihtasutus Tallinna Teaduspark TEHNOPOLup to 10 666 €01.07.2026

Source: Public Procurement Register open data from October 2023. All public tenders

Annual reportsPDF, XBRL

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

Summary: Advise IT OÜ

Overview

Advise IT OÜ (registry code 14890351) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 6 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer consultancy activities (EMTAK 62201). The company is registered for VAT (VAT number EE102505047).

Financial results

Revenue in financial year 2025 was 123 883 €, down 4,2% on the previous year (129 365 €). From 2020 to 2025, revenue grew by an average of 105% per year. Net profit for financial year 2025 was 66 077 € (53,3% of revenue). The company was profitable in all 6 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 123 883 €. At the end of financial year 2025, total assets were 213 870 € and equity 199 575 € (93,3% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 13 418 €, down 41,3% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2826 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1820 € per month.

Management and owners

The company has one management board member. The sole owner of the company is a private individual.

Data sources and freshness

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 17.03.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (984500A7XC672D39K685) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

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