RefPal Network OÜRegistered
Tax debt 35 887 € as of 30.09.2026 (incl. 35 887 € in a payment schedule).Source: Tax and Customs Board
Key figures
332 118 €+102,3%
Revenue 2025
+69,1%
Average annual growth 2020–2025
Ratios
20254,8%
Profit margin
18,5%
EBITDA margin
−63,3%
Equity ratio
0,2×
Current ratio
−12,0%
Return on equity
864 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 42 650 € | 14 | 16 094 € |
| Q1 2026 | 111 937 € | 14 | 3868 € |
| Q4 2025 | 106 582 € | 14 | 8514 € |
| Q3 2025 | 112 309 € | 14 | 11 611 € |
| Q2 2025 | 50 305 € | 13 | 11 958 € |
| Q1 2025 | 31 690 € | 13 | 1842 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
Distributed as dividends 150 000 €.
Low confidence: the amount exceeds retained earnings from previous years, from which dividends can be paid by law — probably a merger, an opening balance adjustment or a reporting error.
History
2025 ~150 000 €
20240 €
20230 €
20220 €
20210 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 21 822 | 29 513 | 39 427 | 50 418 | 75 517 | 29 672 |
| Total non-current assets | 18 564 | 39 003 | 49 018 | 36 908 | 56 043 | 179 779 |
| Total assets | 40 386 | 68 516 | 88 445 | 87 326 | 131 560 | 209 451 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 8302 | 31 616 | 51 664 | 21 237 | 33 321 | 130 176 |
| Non-current liabilities | 28 959 | 46 156 | 37 646 | 55 356 | 96 617 | 211 767 |
| Total liabilities | 37 261 | 77 772 | 89 310 | 76 593 | 129 938 | 341 943 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | 625 | −11 756 | −3365 | 8233 | −150 878 |
| Profit for the year | 625 | −12 381 | 8391 | 11 598 | −9111 | 15 886 |
| Total equity | 3125 | −9256 | −865 | 10 733 | 1622 | −132 492 |
| Income statement | ||||||
| Sales revenue | 24 000 | 46 582 | 110 014 | 123 230 | 164 174 | 332 118 |
| Operating profit | 871 | −10 810 | 10 583 | 13 027 | −4379 | 30 322 |
| EBITDA | 1393 | −4178 | 23 158 | 27 217 | 12 351 | 61 282 |
| Profit before income tax | 625 | −12 381 | 8391 | 11 598 | −9111 | 15 886 |
| Profit for the reporting year | 625 | −12 381 | 8391 | 11 598 | −9111 | 15 886 |
| Labour costs | 0 | 18 737 | 32 615 | 44 325 | 60 190 | 82 917 |
| Depreciation of non-current assets | 522 | 6632 | 12 575 | 14 190 | 16 730 | 30 960 |
| Other indicators | ||||||
| Employees | 0 | 2 | 2 | 2 | 2 | 5 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 150 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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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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