Bitiwise OÜ
RegisteredKey figures
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2025Summary: Bitiwise OÜ
What kind of company is it?
Bitiwise OÜ (registry code 16339019) 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: Tõrvandi alevik, Kambja vald, Tartu maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE102422793).
How is the company doing financially?
Revenue in financial year 2025 was 96 294 €, down 9,1% on the previous year (105 978 €). From 2021/22 to 2025, revenue declined by an average of 7,0% per year. This is the company's lowest revenue among the published years (2021/22–2025). Net profit for financial year 2025 was 40 593 € (42,2% of revenue). The company was profitable in all 4 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 96 294 €. At the end of financial year 2025, total assets were 148 897 € and equity 137 720 € (92,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 22 980 €, up 19,6% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 3934 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2450 € 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 30.06.2026. 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 | 22 980 € | 1 | 3934 € |
| Q2 2026 | 29 330 € | 1 | 3934 € |
| Q1 2026 | 27 475 € | 1 | 4242 € |
| Q4 2025 | 31 307 € | 1 | 4396 € |
| Q3 2025 | 19 211 € | 1 | 4355 € |
| Q2 2025 | 27 663 € | 1 | 4396 € |
| Q1 2025 | 19 960 € | 1 | 4408 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 19 999 € (17% of distributable profit).
Summary of financial statements2022–2025
| 2021/22 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Sales revenue | 119 737 | 100 595 | 105 978 | 96 294 |
| Net profit | 61 108 | 43 333 | 52 700 | 40 593 |
| Retained earnings | — | 38 858 | 61 677 | 94 377 |
| Total assets | 72 732 | 93 405 | 125 527 | 148 897 |
| Total liabilities | 9124 | 8464 | 8401 | 11 177 |
| Total equity | 63 608 | 84 941 | 117 126 | 137 720 |
| Employees | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 2500 | 2500 | 2504 | 2499 |
| Calculated dividend | — | 22 000 | 20 514 | 19 999 |
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 obligationsAll 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.
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