IcarusIT OÜ
RegisteredKey figures
Ratios
2025Summary: IcarusIT OÜ
What kind of company is it?
IcarusIT OÜ (registry code 16352669) 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: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE102429628).
How is the company doing financially?
Revenue in financial year 2025 was 57 750 €, down 20,7% on the previous year (72 789 €). From 2021/22 to 2025, revenue declined by an average of 12,9% per year. This is the company's lowest revenue among the published years (2021/22–2025). Financial year 2025 ended with a loss of 1078 €. The company was profitable in 1 of the 4 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 57 750 €. Based on labour costs in the report, the estimated average gross salary was about 3600 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 16 065 €, up 19,0% on the same quarter a year earlier.
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.
What should you look out for?
Equity was negative at the end of financial year 2025 (−4367 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.
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 26.01.2026. 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 | 16 065 € | — | — |
| Q2 2026 | 13 000 € | — | — |
| Q1 2026 | 13 875 € | — | — |
| Q4 2025 | 15 000 € | — | — |
| Q3 2025 | 13 500 € | — | — |
| Q2 2025 | 15 250 € | — | — |
| Q1 2025 | 14 125 € | — | — |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2022–2025
| 2021/22 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Sales revenue | 87 250 | 98 994 | 72 789 | 57 750 |
| Net profit | 7061 | −5772 | −4578 | −1078 |
| Retained earnings | 0 | 7061 | 1289 | −3289 |
| Total assets | 8379 | 3888 | 613 | 861 |
| Total liabilities | 1318 | 2599 | 3902 | 5228 |
| Total equity | 7061 | 1289 | −3289 | −4367 |
| Employees | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 4922 | 6459 | 4753 | 3597 |
| 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 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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