City Systems OÜRegistered
Key figures
Ratios
2024Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 0 € | — | — |
| Q2 2026 | 0 € | — | — |
| Q1 2026 | 0 € | — | — |
| Q4 2025 | 1500 € | — | 0 € |
| Q3 2025 | 48 804 € | — | 0 € |
| Q2 2025 | 9804 € | — | 0 € |
| Q1 2025 | 7934 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2024
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | 8397 | 23 556 | 18 769 | 21 042 |
| Total non-current assets | 2175 | 1725 | 1275 | 825 |
| Total assets | 10 572 | 25 281 | 20 044 | 21 867 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | 5711 | 7357 | 2765 | 1881 |
| Non-current liabilities | — | — | — | — |
| Total liabilities | 5711 | 7357 | 2765 | 1881 |
| Share capital | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | 2361 | 15 424 | 14 778 |
| Profit for the year | 2361 | 13 063 | −645 | 2708 |
| Total equity | 4861 | 17 924 | 17 279 | 19 986 |
| Income statement | ||||
| Sales revenue | 7883 | 39 836 | 21 259 | 17 262 |
| Operating profit | 2361 | 13 063 | −645 | 2724 |
| EBITDA | 2436 | 13 513 | −195 | 3174 |
| Profit before income tax | 2361 | 13 063 | −645 | 2708 |
| Profit for the reporting year | 2361 | 13 063 | −645 | 2708 |
| Labour costs | — | 0 | 0 | 0 |
| Depreciation of non-current assets | 75 | 450 | 450 | 450 |
| Other indicators | ||||
| Employees | 0 | 0 | 0 | 0 |
| 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 issue4 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: City Systems OÜ
Overview
City Systems OÜ (registry code 16247317) is a private limited company (OÜ). The company was entered in the Commercial Register in 2021 and has been registered for 5 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is media representation (selling advertising space) (EMTAK 73121). The company is registered for VAT (VAT number EE102414837).
Financial results
Revenue in financial year 2024 was 17 262 €, down 18,8% on the previous year (21 259 €). From 2021 to 2024, revenue grew by an average of 29,9% per year. Net profit for financial year 2024 was 2708 € (15,7% of revenue). The company was profitable in 3 of the 4 published financial years. According to the report, the company had no employees in financial year 2024. At the end of financial year 2024, total assets were 21 867 € and equity 19 986 € (91,4% of assets).
Latest quarterly figures
According to the Tax and Customs Board, the company declared no turnover in Q3 2026.
Management and owners
The company has one management board member. The sole owner of the company is PAPP 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 14.08.2025. 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.