MATIT Solutions OÜ

Registered
16368908Private limited company (OÜ)Founded 2021

Key figures

127 232 €+27,6%
Revenue 2025
+15,0%
Average annual growth 2021/22–2025
050 k100 k150 k2021/22202320242025

Ratios

2025

Summary: MATIT Solutions OÜ

What kind of company is it?

MATIT Solutions OÜ (registry code 16368908) is a private limited company (OÜ). The company was entered in the Commercial Register in 2021 and has been registered for 4 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 EE102436420).

How is the company doing financially?

Revenue in financial year 2025 was 127 232 €, up 27,6% on the previous year (99 690 €). From 2021/22 to 2025, revenue grew by an average of 15,0% per year. This is the company's highest revenue among the published years (2021/22–2025). Net profit for financial year 2025 was 100 084 € (78,7% 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 127 232 €. At the end of financial year 2025, total assets were 304 710 € and equity 246 630 € (80,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 25 530 €, up 0,9% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2871 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1840 € per month.

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%) 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 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. The LEI code (98450082E76E5839JF06) comes from the GLEIF database. 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 202625 530 €12871 €
Q2 202622 394 €12871 €
Q1 202639 150 €13025 €
Q4 202543 928 €13333 €
Q3 202525 306 €13333 €
Q2 202529 177 €13333 €
Q1 202528 440 €13242 €

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
2021/22202320242025
Sales revenue83 75385 49999 690127 232
Net profit61 19237 91647 466100 084
Retained earnings—61 19299 108146 546
Total assets68 441106 798153 740304 710
Total liabilities72497690719458 080
Total equity61 19299 108146 546246 630
Employees1111
Average gross salary (monthly)—123517251800
Calculated dividend——00

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
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
All on time
Business Register · 2023–2025
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%50%MATIT Solutions OÜ2Kati Vellak4Mart Vellak
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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