Codefi IT OÜ
RegisteredKey figures
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2025Summary: Codefi IT OÜ
What kind of company is it?
Codefi IT OÜ (registry code 16677749) is a private limited company (OÜ). The company was entered in the Commercial Register in 2023 and has been registered for 3 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other information technology and computer service activities (EMTAK 62901). The company is registered for VAT (VAT number EE102587146).
How is the company doing financially?
Revenue in financial year 2025 was 2 442 344 €, up 67,2% on the previous year (1 460 460 €). From 2023 to 2025, revenue grew by an average of 100% per year. Net profit for financial year 2025 was 135 454 € (5,5% of revenue). The company was profitable in all 3 published financial years. In financial year 2025 the company had 23 employees (22 a year earlier). Revenue per employee was 106 189 €. At the end of financial year 2025, total assets were 309 597 € and equity 249 926 € (80,7% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1 242 884 €, up 85,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2338 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1540 € per month.
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 (55%) is held by 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 23.04.2026. 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 | 1 242 884 € | 1 | 2338 € |
| Q2 2026 | 1 139 132 € | 1 | 1949 € |
| Q1 2026 | 890 647 € | 1 | 1169 € |
| Q4 2025 | 819 973 € | 1 | 1169 € |
| Q3 2025 | 669 914 € | 1 | 1169 € |
| Q2 2025 | 702 803 € | 1 | 1169 € |
| Q1 2025 | 639 789 € | 1 | 1147 € |
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
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Sales revenue | 609 730 | 1 460 460 | 2 442 344 |
| Net profit | 77 888 | 30 765 | 135 454 |
| Retained earnings | 0 | 83 687 | 114 452 |
| Total assets | 119 305 | 130 921 | 309 597 |
| Total liabilities | 41 397 | 16 449 | 59 671 |
| Total equity | 77 908 | 114 472 | 249 926 |
| Employees | 14 | 22 | 23 |
| Average gross salary (monthly) | 647 | 1690 | 2823 |
| 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 obligationsAll 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.
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