CTF-Tech OÜRegistered
Key figures
Ratios
2024Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 148 € | 4 | — |
| Q2 2026 | 170 € | 4 | — |
| Q1 2026 | 21 576 € | 4 | 0 € |
| Q4 2025 | 45 069 € | 4 | 0 € |
| Q3 2025 | 29 417 € | 4 | 0 € |
| Q2 2025 | 17 607 € | 4 | 86 € |
| Q1 2025 | 99 608 € | 4 | 10 007 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 3547 | 118 392 | 114 425 | 238 510 | 28 081 |
| Total non-current assets | — | — | 81 418 | 327 371 | 426 444 |
| Total assets | 3547 | 118 392 | 195 843 | 565 881 | 454 525 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 22 263 | 105 595 | 252 978 | 398 053 | 272 979 |
| Non-current liabilities | — | — | — | — | — |
| Total liabilities | 22 263 | 105 595 | 252 978 | 398 053 | 272 979 |
| Share capital | 2520 | 2520 | 2520 | 2520 | 2520 |
| Retained earnings of previous periods | — | −21 236 | −99 723 | −59 655 | 165 308 |
| Profit for the year | −21 236 | −78 487 | 40 068 | 224 963 | 13 718 |
| Reserves and other equity | — | 110 000 | — | — | — |
| Total equity | −18 716 | 12 797 | −57 135 | 167 828 | 181 546 |
| Income statement | |||||
| Sales revenue | 6990 | 111 518 | 151 390 | 430 089 | 336 296 |
| Operating profit | −21 188 | −77 514 | 47 677 | 244 402 | 44 746 |
| EBITDA | — | — | 48 284 | 245 163 | 45 698 |
| Profit before income tax | −21 236 | −78 487 | 40 068 | 224 963 | 13 718 |
| Profit for the reporting year | −21 236 | −78 487 | 40 068 | 224 963 | 13 718 |
| Labour costs | — | 76 308 | 232 161 | 113 563 | 220 041 |
| Depreciation of non-current assets | — | — | 607 | 761 | 952 |
| Other indicators | |||||
| Employees | 0 | 2 | 4 | 7 | 6 |
| Calculated dividend | — | 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 issue4 clear
Data from public registers, not a credit rating.
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Public procurement
1 contractsPublic contracts won worth 160 000 € from 1 contracting authorities (17.10.2023–17.10.2023).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Services for the provision of a cybersecurity capacity building exercise for youth (Moldova) | E-riigi Akadeemia Sihtasutus | 160 000 € | 17.10.2023 |
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: CTF-Tech OÜ
Overview
CTF-Tech OÜ (registry code 14975308) 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 consultancy activities (EMTAK 62201). The company is registered for VAT (VAT number EE102302965).
Financial results
Revenue in financial year 2024 was 336 296 €, down 21,8% on the previous year (430 089 €). From 2020 to 2024, revenue grew by an average of 163% per year. Net profit for financial year 2024 was 13 718 € (4,1% of revenue). The company was profitable in 3 of the 5 published financial years. In financial year 2024 the company had 6 employees (7 a year earlier). Revenue per employee was 56 049 €. At the end of financial year 2024, total assets were 454 525 € and equity 181 546 € (39,9% of assets). Based on labour costs in the report, the estimated average gross salary was about 2280 € per month.
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 148 €, down 99,5% on the same quarter a year earlier. The company had 4 employees in that quarter.
Management and owners
The company has one management board member. According to the register, the company has 4 owners. The largest stake (67%) is held by CT HOLDINGS OÜ.
Points to note
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 30.06.2025. 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.