AppInnovations OÜRegistered

16791088Private limited company (OÜ)Founded 2023

Key figures

4 478 129 €+47,5%
Revenue 2025
+339,2%
Average annual growth 2023–2025
02 m4 m6 m202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m3 m202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20261 199 059 €——
Q2 20261 243 971 €——
Q1 20262 246 133 €——
Q4 20253 182 353 €——
Q3 20251 380 249 €——
Q2 20251 074 461 €——
Q1 20251 216 937 €—0 €

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
202320242025 †
Balance sheet — assets
Total current assets227 284350 031335 137
Total non-current assets——1 707 700
Total assets227 284350 0312 042 837
Balance sheet — liabilities and equity
Current liabilities95 910188 439144 642
Non-current liabilities———
Total liabilities95 910188 439144 642
Share capital250025002500
Retained earnings of previous periods—128 874159 092
Profit for the year128 87430 2181 736 603
Total equity131 374161 5921 898 195
Income statement
Sales revenue232 1863 036 2904 478 129
Operating profit134 81016 5401 798 313
Profit before income tax128 87430 2181 736 603
Profit for the reporting year128 87430 2181 736 603
Labour costs———
Depreciation of non-current assets———
Other indicators
Employees000
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. † Figures for the marked years come from a report filed as PDF and may be incomplete.

Risks and obligationsAll clear1 for information
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
All on time
Business Register · 2023–2025
Auditor's opinion
Teostatud (kuid sisu töötlemata, vt dokument)
Business Register · 2025 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%AppInnovations OÜVadym Torkolat
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL
YearFiles
2025PDFXBRL
2024PDFXBRL
2023PDFXBRL

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

Summary: AppInnovations OÜ

Overview

AppInnovations OÜ (registry code 16791088) 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 computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE102668832).

Financial results

Revenue in financial year 2025 was 4 478 129 €, up 47,5% on the previous year (3 036 290 €). From 2023 to 2025, revenue grew by an average of 339% per year. Net profit for financial year 2025 was 1 736 603 € (38,8% of revenue). The company was profitable in all 3 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 2 042 837 € and equity 1 898 195 € (92,9% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 1 199 059 €, down 13,1% on the same quarter a year earlier.

Management and owners

The company has one management board member. The sole owner of the company is 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 07.04.2026. 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.

Related companies