New Creation OÜ

Registered
16090494Private limited company (OÜ)Founded 2020

Key figures

124 247 €+228,1%
Revenue 2025
+97,6%
Average annual growth 2020/21–2025
050 k100 k150 k2020/212022202320242025

Ratios

2025

Summary: New Creation OÜ

What kind of company is it?

New Creation OÜ (registry code 16090494) 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 retail sale of clothing (EMTAK 47711). The company is registered for VAT (VAT number EE102881680).

How is the company doing financially?

Revenue in financial year 2025 was 124 247 €, up 228% on the previous year (37 872 €). From 2020/21 to 2025, revenue grew by an average of 97,6% per year. This is the company's highest revenue among the published years (2020/21–2025). Net profit for financial year 2025 was 18 586 € (15,0% of revenue). The company was profitable in all 5 published financial years. In financial year 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 124 247 €. At the end of financial year 2025, total assets were 48 676 € and equity 38 607 € (79,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 46 944 €, up 36,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1201 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 890 € 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 17.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202646 944 €11201 €
Q2 202638 341 €11131 €
Q1 202640 513 €11106 €
Q4 202528 956 €11126 €
Q3 202534 388 €11126 €
Q2 2025—11126 €
Q1 2025—1375 €

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
2020/212022202320242025
Sales revenue814617 59710 56237 872124 247
Net profit4931549241755618 586
Retained earnings—493648988917 521
Total assets3011564412 42220 20348 676
Total liabilities1824963325810 069
Total equity2993314812 38919 94538 607
Employees00001
Average gross salary (monthly)————886
Calculated dividend—0000

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
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2023, 2024
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%New Creation OÜHannes Rüütel
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 669 € (2021–2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (669 €).

Show all aid records (2)
2025653 €
202116 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusMuu653 €31.01.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu16 €31.12.2021

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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