Shtuka Research OÜRegistered

16719041Private limited company (OÜ)Founded 2023

Key figures

130 664 €+79,3%
Revenue 2025
050 k100 k150 k202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k60 k202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q1 2026——2973 €
Q4 2025—15676 €
Q3 2025—12500 €
Q2 2025—16689 €
Q1 2025—16559 €

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

Dividends

calculated
2025

Distributed as dividends 14 900 € (76% of distributable profit).

History
202514 900 €
20240 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2023–2025
202320242025
Balance sheet — assets
Total current assets016 54641 810
Total non-current assets—58494381
Total assets022 39546 191
Balance sheet — liabilities and equity
Current liabilities027913690
Non-current liabilities———
Total liabilities027913690
Share capital000
Retained earnings of previous periods004704
Profit for the year019 60437 797
Total equity019 60442 501
Income statement
Sales revenue072 862130 664
Operating profit019 77945 951
EBITDA—19 80447 419
Profit before income tax019 77941 999
Profit for the reporting year019 60437 797
Labour costs030 55748 812
Depreciation of non-current assets—251468
Other indicators
Employees011
Calculated dividend—014 900

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 note4 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)
Annual report filing
3/3 filed
Filed late: 2023, 2025
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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50%50%Shtuka Research OÜAndrew William Macphe…1Arthur Medeiros Jacks…
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL

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

Summary: Shtuka Research OÜ

Overview

Shtuka Research OÜ (registry code 16719041) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is data processing, data management, data brokerage and similar activities (EMTAK 63102).

Financial results

Revenue in financial year 2025 was 130 664 €, up 79,3% on the previous year (72 862 €). Net profit for financial year 2025 was 37 797 € (28,9% of revenue). The company was profitable in 2 of the 3 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 130 664 €. At the end of financial year 2025, total assets were 46 191 € and equity 42 501 € (92,0% of assets). Based on labour costs in the report, the estimated average gross salary was about 3040 € per month.

Management and owners

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.

Data sources and freshness

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 23.09.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q1 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

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