F-Ray Financial Technologies OÜ

Registered
16557006Private limited company (OÜ)Founded 2022

Key figures

41 425 €+82,9%
Revenue 2025
−10,9%
Average annual change 2022/23–2025
020 k40 k60 k2022/2320242025

Ratios

2025

Summary: F-Ray Financial Technologies OÜ

What kind of company is it?

F-Ray Financial Technologies OÜ (registry code 16557006) 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 EE102526259).

How is the company doing financially?

Revenue in financial year 2025 was 41 425 €, up 82,9% on the previous year (22 647 €). From 2022/23 to 2025, revenue declined by an average of 10,9% per year. Net profit for financial year 2025 was 30 083 € (72,6% of revenue). The company was profitable in 2 of the 3 published financial years. In financial year 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 41 425 €. Based on labour costs in the report, the estimated average gross salary was about 510 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, the company declared no turnover in Q3 2026.

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 (75%) is held by a private individual.

What should you look out for?

Equity was negative at the end of financial year 2025 (−39 129 €). Equity is below half of the share capital (2500 €); 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. 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. 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 20260 €——
Q2 20268936 €——
Q1 20261500 €——
Q4 20250 €——
Q3 202519 831 €——
Q2 202521 594 €——
Q1 20250 €——

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2023–2025
2022/2320242025
Sales revenue52 21222 64741 425
Net profit−76 288707730 083
Retained earnings—−76 289−69 212
Total assets13 77220 96051 040
Total liabilities90 06090 17290 169
Total equity−76 288−69 212−39 129
Employees001
Average gross salary (monthly)——515
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 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.

Connections graph
75%25%F-Ray Financial Techn…Mehmet ErayErdem Uzun
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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