Simple Magic OÜ
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Simple Magic OÜ
What kind of company is it?
Simple Magic OÜ (registry code 16512363) 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: 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 EE102540552).
How is the company doing financially?
Revenue in financial year 2025 was 395 480 €, down 46,1% on the previous year (734 271 €). From 2023 to 2025, revenue grew by an average of 15,8% per year. Financial year 2025 ended with a loss of 500 329 €. The company was profitable in 2 of the 4 published financial years. In financial year 2025 the company had 11 employees (14 a year earlier). Revenue per employee was 35 953 €.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 176 991 €, up 114% on the same quarter a year earlier. The company had 9 employees in that quarter. Labour taxes paid in the quarter: 54 163 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3630 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 2 owners. The largest stake (89,8%) is held by Roundtable Roco Limited.
What should you look out for?
Equity was negative at the end of financial year 2025 (−384 380 €). Equity is below half of the share capital (14 732 €); in this case the Commercial Code requires measures to restore equity.
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. Latest register change: 30.10.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 02.07.2026. 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 | 176 991 € | 9 | 54 163 € |
| Q2 2026 | 294 106 € | 7 | 38 948 € |
| Q1 2026 | 244 443 € | 9 | 40 884 € |
| Q4 2025 | 191 459 € | 9 | 47 741 € |
| Q3 2025 | 82 848 € | 12 | 50 387 € |
| Q2 2025 | 78 036 € | 12 | 54 297 € |
| Q1 2025 | 100 286 € | 13 | 61 105 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 10 972 € (10% of distributable profit).
Low confidence: in the same year part of the retained earnings moved to reserves or share capital, or a contribution was made — the exact dividend is unclear, the lower estimate is shown.
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Sales revenue | — | 295 080 | 734 271 | 395 480 |
| Net profit | 419 044 | −342 391 | 38 145 | −500 329 |
| Retained earnings | — | 419 044 | 76 990 | 101 217 |
| Total assets | 583 923 | 170 025 | 372 062 | 157 115 |
| Total liabilities | 162 379 | 89 801 | 245 141 | 541 495 |
| Total equity | 421 544 | 80 224 | 126 921 | −384 380 |
| Employees | 6 | 13 | 14 | 11 |
| Average gross salary (monthly) | 462 | 2170 | 2758 | 2721 |
| Calculated dividend | — | 0 | 0 | 10 972 |
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
Click a node to see its other connections.
State aid and grants
12 recordsState aid and de minimis aid in total 37 236 € (2022–2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (31 784 €), Eesti Töötukassa (5452 €).
Show all aid records (12)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 6438 € | 06.09.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 2541 € | 19.10.2024 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 3945 € | 07.09.2024 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 5000 € | 26.08.2024 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 1080 € | 26.10.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 4250 € | 03.10.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 3244 € | 27.09.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 53 € | 12.09.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 5041 € | 09.08.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 166 € | 06.04.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 26 € | 06.04.2023 |
| Eesti Töötukassa | Palgatoetus VTA | 5452 € | 22.09.2022 |
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 ↗
Change history
1 change- 30.10.2026Registry entry changed
Entered in the register on 03.06.2022.
Source: Business Register change list and open data.
Related companies
- Bolt Operations OÜ1,5 bn €
- Telia Eesti AS363 m €
- Pipedrive OÜ237 m €
- Elisa Eesti AS224 m €
- pawaTech OÜ101 m €