definnovation OÜ
RegisteredKey figures
Ratios
2024Summary: definnovation OÜ
What kind of company is it?
Definnovation OÜ (registry code 16392261) 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: Kesklinna 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 EE102474505).
How is the company doing financially?
Revenue in financial year 2024 was 208 337 €, up 23,7% on the previous year (168 427 €). From 2021/22 to 2024, revenue grew by an average of 90,5% per year. Financial year 2024 ended with a loss of 5823 €. The company was profitable in 1 of the 3 published financial years. In financial year 2024 the company had 2 employees. Revenue per employee was 104 169 €. At the end of financial year 2024, total assets were 594 898 € and equity 347 271 € (58,4% of assets). Based on labour costs in the report, the estimated average gross salary was about 400 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 204 933 €, up 157% on the same quarter a year earlier.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 4 owners. The largest stake (35,2%) is held by a private individual.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 26.06.2026. 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 | 204 933 € | — | — |
| Q2 2026 | 29 629 € | — | — |
| Q1 2026 | 37 501 € | — | 2391 € |
| Q4 2025 | 96 467 € | — | — |
| Q3 2025 | 79 652 € | — | — |
| Q2 2025 | 119 255 € | — | 37 € |
| Q1 2025 | 71 129 € | — | 112 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2022–2024
| 2021/22 | 2023 | 2024 | |
|---|---|---|---|
| Sales revenue | 57 434 | 168 427 | 208 337 |
| Net profit | −9575 | 7151 | −5823 |
| Retained earnings | — | −9575 | −2424 |
| Total assets | 3986 | 413 515 | 594 898 |
| Total liabilities | 13 561 | 60 939 | 247 627 |
| Total equity | −9575 | 352 576 | 347 271 |
| Employees | 2 | 2 | 2 |
| Average gross salary (monthly) | 832 | — | 399 |
| Calculated dividend | — | — | 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 obligations1 issue6 clear
Data from public registers, not a credit rating.
Connections graph
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.