Remote Estonia OÜRegistered
Key figures
7 135 374 €+21,8%
Revenue 2025
+236,6%
Average annual growth 2021–2025
Ratios
2025−5,3%
Profit margin
−5,4%
EBITDA margin
−1,5%
Equity ratio
1,0×
Current ratio
460,1%
Return on equity
7138 €
Average gross salary
Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 2 291 219 € | 71 | 864 806 € |
| Q1 2026 | 2 181 064 € | 71 | 818 622 € |
| Q4 2025 | 2 046 120 € | 70 | 718 764 € |
| Q3 2025 | 2 017 693 € | 60 | 724 735 € |
| Q2 2025 | 1 851 731 € | 68 | 660 221 € |
| Q1 2025 | 1 387 339 € | 67 | 599 856 € |
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 † | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 360 223 | 3 489 546 | 8 560 024 | 14 586 929 | 5 525 731 |
| Total non-current assets | 1054 | 354 | 51 | 2133 | 1406 |
| Total assets | 361 277 | 3 489 900 | 8 560 075 | 14 589 062 | 5 527 137 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 403 198 | 3 907 547 | 9 089 816 | 15 290 508 | 5 610 050 |
| Non-current liabilities | — | — | — | — | — |
| Total liabilities | 403 198 | 3 907 547 | 9 089 816 | 15 290 508 | 5 610 050 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2501 |
| Retained earnings of previous periods | — | −44 421 | −296 185 | −532 241 | −703 946 |
| Profit for the year | −44 421 | −375 726 | −236 056 | −171 705 | −381 467 |
| Reserves and other equity | — | — | — | — | 999 999 |
| Total equity | −41 921 | −417 647 | −529 741 | −701 446 | −82 913 |
| Income statement | |||||
| Sales revenue | 55 558 | 3 079 776 | 4 911 843 | 5 859 577 | 7 135 374 |
| Operating profit | −44 421 | −369 700 | −236 056 | −176 539 | −383 451 |
| EBITDA | −44 015 | −369 549 | −235 753 | −176 539 | −382 724 |
| Profit before income tax | −44 421 | −375 726 | −236 056 | −171 705 | −381 467 |
| Profit for the reporting year | −44 421 | −375 726 | −236 056 | −171 705 | −381 467 |
| Labour costs | 39 049 | 2 926 270 | 4 595 567 | 5 245 974 | 6 433 316 |
| Depreciation of non-current assets | 406 | 151 | 303 | 0 | 727 |
| Other indicators | |||||
| Employees | 5 | 43 | 43 | 57 | 63 |
| Calculated dividend | — | — | — | — | — |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report. † Figures for the marked years come from a report filed as PDF and may be incomplete.
Connections graph
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Employee leasing