Magic Software OÜ
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Magic Software OÜ
What kind of company is it?
Magic Software OÜ (registry code 16979753) is a private limited company (OÜ). The company was entered in the Commercial Register in 2024 and has been registered for 2 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer consultancy activities (EMTAK 62201).
How is the company doing financially?
Revenue in financial year 2025 was 115 009 €, up 42,1% on the previous year (80 952 €). Net profit for financial year 2025 was 95 685 € (83,2% of revenue). In financial year 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 115 009 €. At the end of financial year 2025, total assets were 164 018 € and equity 163 802 € (99,9% of assets). Based on labour costs in the report, the estimated average gross salary was about 860 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q2 2026 was 23 540 €, down 29,4% on the same quarter a year earlier.
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.
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 20.03.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q2 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 |
|---|---|---|---|
| Q2 2026 | 23 540 € | — | — |
| Q1 2026 | 23 240 € | — | — |
| Q4 2025 | 28 351 € | — | — |
| Q3 2025 | 28 693 € | — | 0 € |
| Q2 2025 | 33 327 € | — | — |
| Q1 2025 | 25 289 € | — | — |
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
| 2024 | 2025 | |
|---|---|---|
| Sales revenue | 80 952 | 115 009 |
| Net profit | 68 116 | 95 685 |
| Retained earnings | 0 | 68 116 |
| Total assets | 68 117 | 164 018 |
| Total liabilities | 0 | 216 |
| Total equity | 68 117 | 163 802 |
| Employees | 0 | 1 |
| Average gross salary (monthly) | — | 864 |
| 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
Data from public registers, not a credit rating.
Connections graph
Change history
1 change- 12.10.2026*Left: Contact person Xolo OÜ
Entered in the register on 03.05.2024.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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