Reason for Being OÜ
RegisteredKey figures
Ratios
2025Summary: Reason for Being OÜ
What kind of company is it?
Reason for Being OÜ (registry code 16420684) is a private limited company (OÜ). The company was entered in the Commercial Register in 2022 and has been registered for 4 years. Registered location: Pringi küla, Viimsi vald, Harju maakond.
How is the company doing financially?
There was no revenue in financial year 2025. Financial year 2025 ended with a loss of 6816 €. The company was profitable in 1 of the 4 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 2896 € and equity 1309 € (45,2% of assets).
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 31.05.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q2 2025. 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 |
|---|---|---|---|
| Q2 2025 | — | — | 1402 € |
| Q1 2025 | — | — | 1392 € |
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
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Sales revenue | 33 481 | 11 705 | 0 | 0 |
| Net profit | 28 776 | −1180 | −23 671 | −6816 |
| Retained earnings | — | 28 776 | 27 596 | 3925 |
| Total assets | 28 776 | 29 532 | 5861 | 2896 |
| Total liabilities | — | 1936 | 1936 | 1587 |
| Total equity | 28 776 | 27 596 | 3925 | 1309 |
| Employees | 0 | 0 | 1 | 0 |
| Average gross salary (monthly) | — | — | 1104 | — |
| Calculated dividend | — | — | 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 obligations1 note6 clear
Data from public registers, not a credit rating.
Connections graph
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.