Code Synthesis OÜ
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Code Synthesis OÜ
What kind of company is it?
Code Synthesis OÜ (registry code 14964948) 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: Lasnamäe 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 EE102255119).
How is the company doing financially?
Revenue in financial year 2025 was 184 802 €, down 2,7% on the previous year (190 003 €). From 2020 to 2025, revenue grew by an average of 35,0% per year. Net profit for financial year 2025 was 154 488 € (83,6% of revenue). The company was profitable in all 6 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 844 923 € and equity 844 923 € (100% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 39 811 €, up 16,5% on the same quarter a year earlier.
Who runs the company and who owns it?
The company has one management board member. 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 27.02.2026. 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 | 39 811 € | — | — |
| Q2 2026 | 37 408 € | — | — |
| Q1 2026 | 30 571 € | — | 0 € |
| Q4 2025 | 80 425 € | — | — |
| Q3 2025 | 34 185 € | — | — |
| Q2 2025 | 35 804 € | — | — |
| Q1 2025 | 63 174 € | — | — |
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 | 121 489 | 152 460 | 154 284 | 190 003 | 184 802 |
| Net profit | 123 185 | 141 021 | 159 163 | 225 732 | 154 488 |
| Retained earnings | 38 833 | 162 018 | 303 040 | 462 203 | 687 935 |
| Total assets | 164 518 | 305 539 | 464 703 | 690 435 | 844 923 |
| Total liabilities | 0 | 0 | 0 | 0 | 0 |
| Total equity | 164 518 | 305 539 | 464 703 | 690 435 | 844 923 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| 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 obligationsAll clear
Data from public registers, not a credit rating.
Connections graph
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- Bolt Operations OÜ1,5 bn €
- Telia Eesti AS363 m €
- Pipedrive OÜ237 m €
- Elisa Eesti AS224 m €
- pawaTech OÜ101 m €