NITS New IT Solutions OÜ
RegisteredKey figures
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2025Summary: NITS New IT Solutions OÜ
What kind of company is it?
NITS New IT Solutions OÜ (registry code 14929202) 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: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE102249785).
How is the company doing financially?
Revenue in financial year 2025 was 237 095 €, down 51,2% on the previous year (485 718 €). From 2020 to 2025, revenue declined by an average of 31,5% per year. Net profit for financial year 2025 was 70 342 € (29,7% of revenue). The company was profitable in all 6 published financial years. In financial year 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 79 032 €. At the end of financial year 2025, total assets were 769 898 € and equity 763 421 € (99,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 60 209 €, down 33,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 4585 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2820 € per month.
Who runs the company and who owns it?
The management board has 2 members. The sole owner of the company is a private individual.
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 29.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 60 209 € | 1 | 4585 € |
| Q2 2026 | 75 165 € | 2 | 6396 € |
| Q1 2026 | 52 246 € | 2 | 7047 € |
| Q4 2025 | 32 103 € | 3 | 5679 € |
| Q3 2025 | 90 514 € | 3 | 5982 € |
| Q2 2025 | 114 876 € | 2 | 6237 € |
| Q1 2025 | 57 116 € | 3 | 4750 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 184 650 | 403 800 | 227 575 | 485 718 | 237 095 |
| Net profit | 84 964 | 17 410 | 10 455 | 243 587 | 70 342 |
| Retained earnings | 334 163 | 419 127 | 436 537 | 446 992 | 690 579 |
| Total assets | 826 093 | 867 918 | 865 116 | 695 887 | 769 898 |
| Total liabilities | 404 466 | 428 881 | 415 624 | 2808 | 6477 |
| Total equity | 421 627 | 439 037 | 449 492 | 693 079 | 763 421 |
| Employees | 3 | 2 | 2 | 2 | 3 |
| Average gross salary (monthly) | 1133 | 1378 | 1487 | 1645 | 1268 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 |
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 note6 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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