InnovateSoft OÜ
RegisteredKey figures
Ratios
2024Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: InnovateSoft OÜ
What kind of company is it?
InnovateSoft OÜ (registry code 16753687) 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: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101).
How is the company doing financially?
Revenue in financial year 2024 was 46 744 €, up 79,0% on the previous year (26 116 €). Net profit for financial year 2024 was 13 375 € (28,6% of revenue). In financial year 2024 the company had 1 employees. Revenue per employee was 46 744 €. At the end of financial year 2024, total assets were 17 324 € and equity 16 310 € (94,1% of assets). Based on labour costs in the report, the estimated average gross salary was about 1860 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, the company declared no turnover in Q1 2026.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is a private individual.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 21.03.2025. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q1 2026 | 0 € | — | — |
| Q4 2025 | 8998 € | — | — |
| Q3 2025 | 12 710 € | — | — |
| Q2 2025 | 12 598 € | — | — |
| Q1 2025 | 14 172 € | — | — |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2023–2024
| 2023 | 2024 | |
|---|---|---|
| Sales revenue | 26 116 | 46 744 |
| Net profit | 2934 | 13 375 |
| Retained earnings | — | 2934 |
| Total assets | 3635 | 17 324 |
| Total liabilities | 700 | 1014 |
| Total equity | 2935 | 16 310 |
| Employees | 1 | 1 |
| Average gross salary (monthly) | 822 | 1862 |
| 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 obligations1 issue6 clear
Data from public registers, not a credit rating.
Connections graph
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.