Sfey Pay OÜ

Registered
16578391Private limited company (OÜ)Founded 2022

Key figures

1 374 227 €−8,8%
Revenue 2025
+322,7%
Average annual growth 2022–2025
0500 k1 m1,5 m2 m2022202320242025

Ratios

2025

Summary: Sfey Pay OÜ

What kind of company is it?

Sfey Pay OÜ (registry code 16578391) 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 EE102537280).

How is the company doing financially?

Revenue in financial year 2025 was 1 374 227 €, down 8,8% on the previous year (1 506 605 €). From 2022 to 2025, revenue grew by an average of 323% per year. Net profit for financial year 2025 was 93 739 € (6,8% of revenue). The company was profitable in 2 of the 4 published financial years. In financial year 2025 the company had 15 employees (13 a year earlier). Revenue per employee was 91 615 €.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 662 616 €, up 90,9% on the same quarter a year earlier. The company had 9 employees in that quarter. Labour taxes paid in the quarter: 82 904 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 5450 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 4 owners. The largest stake (93,2%) is held by RIDANGO AS.

What should you look out for?

Equity was negative at the end of financial year 2025 (−25 816 €). Equity is below half of the share capital (4000 €); 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 29.06.2026. 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 2026662 616 €982 904 €
Q2 2026423 272 €1187 892 €
Q1 2026768 202 €1269 062 €
Q4 2025391 117 €1081 682 €
Q3 2025347 183 €1176 965 €
Q2 2025366 292 €1073 409 €
Q1 2025270 613 €1083 123 €

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
2022202320242025
Sales revenue18 200724 6501 506 6051 374 227
Net profit−62 767−114 34453 55593 739
Retained earnings0−62 767−177 111−123 555
Total assets55 217499 482739 9411 037 366
Total liabilities115 484672 593859 4971 063 182
Total equity−60 267−173 111−119 556−25 816
Employees4131315
Average gross salary (monthly)996350952794481
Calculated dividend—000

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
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
Filed late: 2024
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

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93,2%5,5%0,8%0,5%Sfey Pay OÜRIDANGO ASJSU Consulting OÜosaühing DEGEETIA9+Dmitry Loboda1Jaroslav Stuchlík
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 18 197 € (2024). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (18 197 €).

Show all aid records (2)
202418 197 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusEkspordi edendamine VTA10 027 €02.12.2024
Ettevõtluse ja Innovatsiooni SihtasutusEkspordi edendamine VTA8170 €06.06.2024

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 ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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