System Two OÜ

Registered
16870826Private limited company (OÜ)Founded 2023

Key figures

421 270 €−23,3%
Revenue 2025
−23,3%
Average annual change 2023/24–2025
0200 k400 k600 k2023/242025

Ratios

2025

Summary: System Two OÜ

What kind of company is it?

System Two OÜ (registry code 16870826) is a private limited company (OÜ). The company was entered in the Commercial Register in 2023 and has been registered for 2 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is business and other management consultancy (EMTAK 70201). The company is registered for VAT (VAT number EE102944051).

How is the company doing financially?

Revenue in financial year 2025 was 421 270 €, down 23,3% on the previous year (549 464 €). Net profit for financial year 2025 was 31 325 € (7,4% of revenue). In financial year 2025 the company had 3 employees. Revenue per employee was 140 423 €. At the end of financial year 2025, total assets were 50 400 € and equity 49 691 € (98,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 21 935 €. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 636 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 570 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 2 owners. The largest stake (50%) 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 17.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202621 935 €1636 €
Q2 202614 883 €1636 €
Q1 202610 200 €1636 €
Q4 2025—1636 €
Q3 2025—1636 €
Q2 2025—1636 €
Q1 2025—1629 €

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

Summary of financial statements2024–2025
2023/242025
Sales revenue549 464421 270
Net profit18 35631 325
Retained earnings—18 356
Total assets69 06750 400
Total liabilities50 701709
Total equity18 36649 691
Employees33
Average gross salary (monthly)11 0107836
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 obligationsAll 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)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
2/2 filed
All on time
Business Register · 2024–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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50%50%System Two OÜMikko Joonas SalovaaraNizar Ben Tahar Jouini6Piers Ross Coke-Wallis
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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