Tieto Banktech Estonia OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 1 011 021 € | 21 | 165 582 € |
| Q2 2026 | 1 048 565 € | 21 | 167 436 € |
| Q1 2026 | 874 241 € | 21 | 149 489 € |
| Q4 2025 | 868 964 € | 19 | 158 372 € |
| Q3 2025 | 881 544 € | 20 | 145 353 € |
| Q2 2025 | 829 124 € | 19 | 149 870 € |
| Q1 2025 | 779 667 € | 19 | 141 942 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 273 768 € (67% of distributable profit).
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2023–2025
| 2023 † | 2024 | 2025 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 1 128 781 | 1 287 034 | 1 380 349 |
| Total non-current assets | 14 471 | 58 365 | 38 674 |
| Total assets | 1 143 252 | 1 345 399 | 1 419 023 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 376 994 | 580 568 | 672 319 |
| Non-current liabilities | — | 36 004 | 17 967 |
| Total liabilities | 376 994 | 616 572 | 690 286 |
| Share capital | 10 000 | 10 000 | 10 000 |
| Retained earnings of previous periods | — | 0 | 130 573 |
| Profit for the year | 443 691 | 405 758 | 273 678 |
| Reserves and other equity | — | 313 069 | 314 486 |
| Total equity | 766 258 | 728 827 | 728 737 |
| Income statement | |||
| Sales revenue | 1 746 367 | 2 645 159 | 2 720 511 |
| Operating profit | 437 863 | 489 940 | 342 642 |
| EBITDA | 448 686 | 503 287 | 362 722 |
| Profit before income tax | 443 691 | 516 681 | 351 294 |
| Profit for the reporting year | 443 691 | 405 758 | 273 678 |
| Labour costs | 686 682 | 1 234 042 | 1 402 466 |
| Depreciation of non-current assets | 10 823 | 13 347 | 20 080 |
| Other indicators | |||
| Employees | 18 | 18 | 20 |
| Calculated dividend | — | — | 273 768 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report. † Figures for the marked years come from a report filed as PDF and may be incomplete.
Risks and obligations1 note5 clear
Data from public registers, not a credit rating.
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Public procurement
3 contractsPublic contracts won worth 0 € from 2 contracting authorities (12.10.2023–25.08.2026). Plus 3 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| IT arendusteenuste raamleping · Konsulteerimine | Lennuliiklusteeninduse Aktsiaselts | up to 60 000 € | 25.08.2026 |
| IT arendusteenuste raamleping · Tarkvaraarenduse teostamine | Lennuliiklusteeninduse Aktsiaselts | up to 80 000 € | 25.08.2026 |
| Identiteediteenuste osakonna raamhange 2023-2026 | Siseministeeriumi infotehnoloogia- ja arenduskeskus | up to 6 000 000 € | 12.10.2023 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Tieto Banktech Estonia OÜ
Overview
Tieto Banktech Estonia OÜ (registry code 16728732) 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: Kristiine 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 EE102615157).
Financial results
Revenue in financial year 2025 was 2 720 511 €, up 2,8% on the previous year (2 645 159 €). From 2023 to 2025, revenue grew by an average of 24,8% per year. Net profit for financial year 2025 was 273 678 € (10,1% of revenue). The company was profitable in all 3 published financial years. In financial year 2025 the company had 20 employees (18 a year earlier). Revenue per employee was 136 026 €. At the end of financial year 2025, total assets were 1 419 023 € and equity 728 737 € (51,4% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 1 011 021 €, up 14,7% on the same quarter a year earlier. The company had 21 employees in that quarter. Labour taxes paid in the quarter: 165 582 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 4690 € per month.
Management and owners
The company has one management board member. The supervisory board has 3 members. The sole owner of the company is Esindajakonto: BNP Paribas SA PAR/CLIENT ASSETS.
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 06.03.2026. 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.