Express Technology OÜ
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2025Summary: Express Technology OÜ
What kind of company is it?
Express Technology OÜ (registry code 16022570) 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 employee leasing (EMTAK 78201). The company is registered for VAT (VAT number EE102382684).
How is the company doing financially?
Revenue in financial year 2025 was 1 845 996 €, up 24,9% on the previous year (1 477 431 €). From 2020/21 to 2025, revenue grew by an average of 47,2% per year. This is the company's highest revenue among the published years (2020/21–2025). Net profit for financial year 2025 was 210 068 € (11,4% of revenue). The company was profitable in all 5 published financial years. In financial year 2025 the company had 24 employees (22 a year earlier). Revenue per employee was 76 917 €. At the end of financial year 2025, total assets were 899 230 € and equity 658 803 € (73,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 753 161 €, up 44,9% on the same quarter a year earlier. The company had 78 employees in that quarter. Labour taxes paid in the quarter: 75 896 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 760 € per month.
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 24.06.2026. 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 | 753 161 € | 78 | 75 896 € |
| Q2 2026 | 695 310 € | 91 | 71 597 € |
| Q1 2026 | 598 481 € | 87 | 73 040 € |
| Q4 2025 | 518 160 € | 81 | 64 832 € |
| Q3 2025 | 519 887 € | 73 | 60 603 € |
| Q2 2025 | 550 960 € | 69 | 58 376 € |
| Q1 2025 | 378 495 € | 79 | 60 756 € |
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
| 2020/21 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 393 221 | 1 122 771 | 1 346 521 | 1 477 431 | 1 845 996 |
| Net profit | 38 723 | 1158 | 270 939 | 137 916 | 210 068 |
| Retained earnings | — | 38 723 | 39 881 | 310 819 | 448 735 |
| Total assets | 109 479 | 127 666 | 420 063 | 656 132 | 899 230 |
| Total liabilities | 70 756 | 87 785 | 109 243 | 207 397 | 240 427 |
| Total equity | 38 723 | 39 881 | 310 820 | 448 735 | 658 803 |
| Employees | 1 | 1 | 20 | 22 | 24 |
| Average gross salary (monthly) | 431 | 1405 | 1806 | 2196 | 2129 |
| Calculated dividend | — | — | 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 issue5 clear
Data from public registers, not a credit rating.
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State aid and grants
4 recordsState aid and de minimis aid in total 24 405 € (2023–2026). Largest grantors: Eesti Töötukassa (24 405 €).
Show all aid records (4)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 5250 € | 29.01.2026 |
| Eesti Töötukassa | Palgatoetus VTA | 2245 € | 27.01.2026 |
| Eesti Töötukassa | Palgatoetus VTA | 8864 € | 19.02.2025 |
| Eesti Töötukassa | Alaealise töötamise toetus | 8046 € | 16.02.2023 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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