AdFlare Software OÜ

Registered
16300785Private limited company (OÜ)Founded 2021

Key figures

2 016 499 €+248,7%
Revenue 2025
01 m2 m3 m2022202320242025

Ratios

2025

Summary: AdFlare Software OÜ

What kind of company is it?

AdFlare Software OÜ (registry code 16300785) 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 web search portal activities (EMTAK 63911). The company is registered for VAT (VAT number EE102734135).

How is the company doing financially?

Revenue in financial year 2025 was 2 016 499 €, up 249% on the previous year (578 357 €). This is the company's highest revenue among the published years (2022–2025). Net profit for financial year 2025 was 1 493 122 € (74,0% of revenue). The company was profitable in 3 of the 4 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 1 008 250 €. At the end of financial year 2025, total assets were 1 585 241 € and equity 1 495 622 € (94,3% of assets). Based on labour costs in the report, the estimated average gross salary was about 2630 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 19 721 €, down 58,0% on the same quarter a year earlier. Labour taxes paid in the quarter: 8191 €.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50,3%) 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 27.05.2026. 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 202619 721 €—8191 €
Q2 202613 483 €—8191 €
Q1 202615 704 €—8807 €
Q4 202537 211 €—9115 €
Q3 202547 009 €—9115 €
Q2 202541 553 €—9115 €
Q1 202546 715 €—8794 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 461 291 € (99% of distributable profit).

History
2025461 291 €
20240 €
20230 €
Summary of financial statements2022–2025
2022202320242025
Sales revenue020578 3572 016 499
Net profit020463 7711 493 122
Retained earnings00200
Total assets020522 9681 585 241
Total liabilities0059 17789 619
Total equity020463 7911 495 622
Employees0022
Average gross salary (monthly)——8472630
Calculated dividend—00461 291

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 note7 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
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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50,3%49,7%AdFlare Software OÜ2Margus Mikitski1Martin Link
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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