Adacel Technologies Estonia OÜ
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2024/25Summary: Adacel Technologies Estonia OÜ
What kind of company is it?
Adacel Technologies Estonia OÜ (registry code 16456759) 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: Kristiine linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other service activities incidental to air transportation (EMTAK 52239). The company is registered for VAT (VAT number EE102500644).
How is the company doing financially?
Revenue in financial year 2024/25 was 231 325 €, up 45,3% on the previous year (159 238 €). From 2022/23 to 2024/25, revenue grew by an average of 11,3% per year. Financial year 2024/25 ended with a loss of 1 088 111 €. The company made a loss in all 3 published financial years. In financial year 2024/25 the company had 15 employees (13 a year earlier). Revenue per employee was 15 422 €. At the end of financial year 2024/25, total assets were 487 505 € and equity 54 889 € (11,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1 609 903 €, up 1787% on the same quarter a year earlier. The company had 18 employees in that quarter. Labour taxes paid in the quarter: 118 430 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3950 € per month.
Who runs the company and who owns it?
The company has one management board member. The supervisory board has 3 members. The sole owner of the company is Adacel Technologies Limited.
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 2024/25) was filed on 30.12.2025. 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 | 1 609 903 € | 18 | 118 430 € |
| Q2 2026 | 90 520 € | 17 | 112 129 € |
| Q1 2026 | 51 919 € | 17 | 118 285 € |
| Q4 2025 | 68 212 € | 15 | 120 551 € |
| Q3 2025 | 85 329 € | 16 | 118 333 € |
| Q2 2025 | 120 112 € | 18 | 111 391 € |
| Q1 2025 | 56 244 € | 17 | 100 536 € |
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
| 2022/23 | 2023/24 | 2024/25 | |
|---|---|---|---|
| Sales revenue | 186 641 | 159 238 | 231 325 |
| Net profit | −936 891 | −1 157 483 | −1 088 111 |
| Retained earnings | — | −936 891 | −2 094 374 |
| Total assets | 201 146 | 276 611 | 487 505 |
| Total liabilities | 1 128 037 | 271 611 | 432 616 |
| Total equity | −926 891 | 5000 | 54 889 |
| Employees | 13 | 13 | 15 |
| Average gross salary (monthly) | 3931 | 4767 | 4204 |
| 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 issue6 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.