Connect OÜ
RegisteredKey figures
Ratios
2025Summary: Connect OÜ
What kind of company is it?
Connect OÜ (registry code 16356101) 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: Narva linn, Ida-Viru maakond. According to the latest annual report, the main activity is guest apartments (EMTAK 55204).
How is the company doing financially?
Revenue in financial year 2025 was 32 414 €, down 15,2% on the previous year (38 236 €). From 2021/22 to 2025, revenue grew by an average of 5,5% per year. Net profit for financial year 2025 was 790 € (2,4% of revenue). The company was profitable in 3 of the 4 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 32 414 €. At the end of financial year 2025, total assets were 31 348 € and equity 5246 € (16,7% of assets).
What do the latest quarters show?
Based on labour taxes, the estimated average gross salary in Q3 2026 was about 650 € 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 12.05.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | — | 3 | 2314 € |
| Q2 2026 | — | 2 | 1054 € |
| Q1 2026 | — | 1 | 0 € |
| Q4 2025 | — | — | 63 € |
| Q3 2025 | — | 1 | 10 € |
| Q2 2025 | — | — | 0 € |
| Q1 2025 | — | — | 4 € |
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 | 27 606 | 37 714 | 38 236 | 32 414 |
| Net profit | −636 | 50 | 1894 | 790 |
| Retained earnings | 0 | 13 | 63 | 1956 |
| Total assets | 2600 | 20 916 | 30 468 | 31 348 |
| Total liabilities | 87 | 18 353 | 26 011 | 26 102 |
| Total equity | 2513 | 2563 | 4457 | 5246 |
| Employees | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 467 | 1098 | 491 | — |
| 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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State aid and grants
4 recordsState aid and de minimis aid in total 11 916 € (2021–2024). Largest grantors: Eesti Töötukassa (11 916 €).
Show all aid records (4)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 400 € | 01.01.2024 |
| Eesti Töötukassa | Palgatoetus VTA | 6600 € | 15.11.2022 |
| Eesti Töötukassa | Tugiisikuga töötamine VTA | 1412 € | 09.12.2021 |
| Eesti Töötukassa | Palgatoetus VTA | 3504 € | 05.11.2021 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
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