Formaloo OÜ
RegisteredKey figures
Ratios
2025Summary: Formaloo OÜ
What kind of company is it?
Formaloo OÜ (registry code 16045714) 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 other information technology and computer service activities (EMTAK 62901). The company is registered for VAT (VAT number EE102290394).
How is the company doing financially?
Revenue in financial year 2025 was 162 072 €, up 45,8% on the previous year (111 189 €). From 2020/21 to 2025, revenue grew by an average of 170% per year. Financial year 2025 ended with a loss of 333 384 €. The company was profitable in 1 of the 5 published financial years. In financial year 2025 the company had 1 employees (7 a year earlier). Revenue per employee was 162 072 €. At the end of financial year 2025, total assets were 1 086 352 € and equity 1 070 110 € (98,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 44 387 €, up 20,6% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 7830 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 4660 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 15 owners. The largest stake (15,3%) is held by 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 03.06.2026. 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 | 44 387 € | 1 | 7830 € |
| Q2 2026 | 63 337 € | 1 | 7830 € |
| Q1 2026 | 92 044 € | 1 | 8104 € |
| Q4 2025 | 105 404 € | 1 | 8652 € |
| Q3 2025 | 36 811 € | 1 | 12 695 € |
| Q2 2025 | 61 818 € | 4 | 18 171 € |
| Q1 2025 | 44 778 € | 3 | 34 761 € |
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 | 3055 | 168 879 | 190 525 | 111 189 | 162 072 |
| Net profit | −95 262 | 63 706 | −207 716 | −489 523 | −333 384 |
| Retained earnings | — | −95 262 | −49 056 | −256 773 | 0 |
| Total assets | 45 517 | 120 740 | 1 898 466 | 1 462 550 | 1 086 352 |
| Total liabilities | 791 | 5319 | 5448 | 59 055 | 16 242 |
| Total equity | 44 726 | 115 421 | 1 893 018 | 1 403 495 | 1 070 110 |
| Employees | 3 | 3 | 7 | 7 | 1 |
| Average gross salary (monthly) | 558 | 1189 | 1659 | 2829 | 7371 |
| 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 note6 clear
Data from public registers, not a credit rating.
Connections graph10 of 15 people
Click a node to see its other connections.
The graph shows the largest/first people in each role (10 of 15). All connections are listed on the “Related people” card.
State aid and grants
4 recordsState aid and de minimis aid in total 13 283 € (2025–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (13 283 €).
Show all aid records (4)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 2538 € | 28.09.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 2962 € | 24.03.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 3714 € | 03.10.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 4068 € | 11.04.2025 |
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
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 €