ETENRU
RegisteredTartu County
Registry code
12871013
VAT number
EE101802149
Address
Tartu maakond, Tartu linn, Tartu linn, Narva mnt 3, 51013
Registered
29.06.2015 · 11 yrs
Activity
Programmeerimine 62101
Additional activities
Accounting, bookkeeping and auditing activities; tax consultancy
Capital
2 500 €
Email
i•••@a•••.eeLog in to see
Website
avalah.ee
Business Register 07.10.2026
Sales revenue1,8 m €+15%2025 annual report
Profit40 719 €2025 annual report
Employees17Tax Board 2026 Q2
Average gross salary4 897 €estimate, Tax Board 2026 Q2
Labour taxes per quarter127 k €Tax Board 2026 Q2
Cash93 626 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 07.10.2026
Revenue 12 months2,1 m €+12%Tax Board, last 4 quarters
State taxes 12 months745 k €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 667 tuh €
417 k454 k482 k542 k427 k511 k521 k667 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
A
Good, low risk
70 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 07.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingA → AA → BBB → A
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 12% vs a year earlier
Email right away on tax debt, bankruptcy or board change
Add the rating badge to your website

The badge code is available to this company's verified account: verification uses a code we send to the company email in the Business Register. The badge updates itself and cannot be bought. Read more

Data

Board and owners

2 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 1
Martti Kordemets4 companiesno tax debtPersonal ID ↗10.07.2023
Other persons 1
Nasdaq CSD SEOsade registripidajaOsad on Eesti väärtpaberite registris (Nasdaq CSD). See ei tähenda börsil noteerimist.22.04.2021
Shareholders 2
Omanikukonto: KRISTIINE RAAMAT75,0% 1 875 €18.03.2024
Omanikukonto: Martti Kordemets25,0% 625 €14.03.2025
Beneficial owners 1
Kristiine Raamatdirect holding12.02.2020

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue30,5%
Labour taxes / revenue19,1%
Revenue per employee per month13 088 €
Gross salary (estimate)4 897 €
Net salary (estimate)3 836 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q2667 499 €▲ 23%127 370 €203 464 €17
2026 Q1520 782 €▲ 8%104 266 €183 034 €18
2025 Q4511 265 €▲ 13%96 107 €195 471 €19
2025 Q3426 984 €▲ 2%94 885 €163 149 €18
2025 Q2541 734 €▲ 33%95 216 €177 094 €17
2025 Q1481 935 €▲ 64%113 969 €184 696 €18
2024 Q4453 639 €▼ 15%104 570 €185 352 €17
2024 Q3417 159 €▲ 48%102 892 €183 454 €18
2024 Q2407 560 €▲ 19%97 618 €186 641 €19
2024 Q1294 044 €▲ 1%92 305 €136 963 €17
2023 Q4532 006 €▲ 55%79 834 €156 436 €17
2023 Q3281 422 €▼ 8%79 563 €107 014 €17
Show full history (18 quarters)
2023 Q2342 559 €▼ 12%87 467 €130 279 €17
2023 Q1291 722 €▲ 3%87 354 €119 909 €16
2022 Q4343 231 €75 570 €113 130 €15
2022 Q3305 656 €67 619 €94 984 €14
2022 Q2388 037 €63 946 €100 434 €14
2022 Q1282 001 €56 155 €105 337 €14

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue1,8 m €▲ 15%1,6 m €▲ 17%1,4 m €▲ 10%1,2 m €▲ 18%1,1 m €
Profit40 719 €▼ 66%120 k €▲ 21%98 899 €▲ 622%13 706 €▼ 67%41 220 €
Profit margin2,2%7,5%7,2%1,1%3,9%
Retained earnings683 €▼ 39%1 124 €▼ 99%98 391 €▲ 16%84 686 €▲ 95%43 466 €
Cash93 626 €▲ 92%48 886 €▼ 76%206 k €▲ 40%148 k €▲ 22%121 k €
Current assets288 k €▼ 26%389 k €▼ 24%511 k €▲ 57%325 k €▲ 7%304 k €
Fixed assets173 k €▲ 171%63 768 €▼ 27%86 944 €▲ 53%56 923 €▼ 22%72 873 €
Assets460 k €▲ 2%453 k €▼ 24%598 k €▲ 56%382 k €▲ 1%377 k €
Current liabilities297 k €▲ 4%287 k €▼ 4%298 k €▲ 25%239 k €▼ 14%276 k €
Long-term liabilities119 k €▲ 185%41 767 €▼ 59%101 k €▲ 136%42 736 €▲ 218%13 437 €
Total liabilities416 k €▲ 27%329 k €▼ 18%399 k €▲ 42%282 k €▼ 3%290 k €
Equity43 902 €▼ 65%124 k €▼ 38%200 k €▲ 98%101 k €▲ 16%87 186 €
Labour costs-890 k €▲ 3%-914 k €▼ 13%-809 k €▼ 15%-704 k €▼ 35%-523 k €
Employees21▲ 17%18▲ 12%16▲ 7%15▲ 15%13
Filed30.06.202630.06.202528.05.202430.06.202330.06.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Programmeerimine main activity621011 742 191 €95%
Accounting, bookkeeping and auditing activities; tax consultancy6920299 976 €5%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

Loading properties…

Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 07.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

307 tuh € makseid · 3 tenders

Transactions with state institutions

20261 451 €
2025167 k €
202458 046 €
202380 971 €

Largest payers

AS Hoolekandeteenused261 983 €
Riigi Infosüsteemide Amet45 144 €
All payments by month
MonthPayerTypeFieldAmount
01.2026Riigi Infosüsteemide AmetOperating costsCommunications1 451 €
12.2025Riigi Infosüsteemide AmetOperating costsCommunications1 451 €
11.2025Riigi Infosüsteemide AmetOperating costsCommunications1 451 €
09.2025Riigi Infosüsteemide AmetOperating costsCommunications2 902 €
08.2025Riigi Infosüsteemide AmetOperating costsCommunications1 451 €
07.2025AS HoolekandeteenusedFixed assetsSpecial care services for disabled persons74 399 €
07.2025AS HoolekandeteenusedOperating costsSpecial care services for disabled persons3 370 €
07.2025Riigi Infosüsteemide AmetOperating costsCommunications1 427 €
06.2025AS HoolekandeteenusedOperating costsSpecial care services for disabled persons10 218 €
06.2025Riigi Infosüsteemide AmetOperating costsCommunications1 427 €
05.2025AS HoolekandeteenusedOperating costsSpecial care services for disabled persons11 985 €
05.2025Riigi Infosüsteemide AmetOperating costsCommunications1 427 €
04.2025AS HoolekandeteenusedOperating costsSpecial care services for disabled persons7 346 €
04.2025Riigi Infosüsteemide AmetOperating costsCommunications1 427 €
03.2025AS HoolekandeteenusedOperating costsSpecial care services for disabled persons5 979 €
03.2025Riigi Infosüsteemide AmetOperating costsCommunications1 427 €
02.2025AS HoolekandeteenusedOperating costsSpecial care services for disabled persons3 366 €
02.2025Riigi Infosüsteemide AmetOperating costsCommunications1 427 €
01.2025Riigi Infosüsteemide AmetOperating costsCommunications27 875 €
01.2025AS HoolekandeteenusedOperating costsSpecial care services for disabled persons6 303 €
12.2024AS HoolekandeteenusedOperating costsSpecial care services for disabled persons6 479 €
11.2024AS HoolekandeteenusedOperating costsSpecial care services for disabled persons2 885 €
10.2024AS HoolekandeteenusedOperating costsSpecial care services for disabled persons6 383 €
09.2024AS HoolekandeteenusedOperating costsSpecial care services for disabled persons6 027 €
08.2024AS HoolekandeteenusedOperating costsSpecial care services for disabled persons3 317 €
07.2024AS HoolekandeteenusedOperating costsSpecial care services for disabled persons2 979 €
06.2024AS HoolekandeteenusedOperating costsSpecial care services for disabled persons3 561 €
05.2024AS HoolekandeteenusedOperating costsSpecial care services for disabled persons5 015 €
04.2024AS HoolekandeteenusedOperating costsSpecial care services for disabled persons5 734 €
03.2024AS HoolekandeteenusedOperating costsSpecial care services for disabled persons3 519 €
02.2024AS HoolekandeteenusedOperating costsSpecial care services for disabled persons4 573 €
01.2024AS HoolekandeteenusedOperating costsSpecial care services for disabled persons7 577 €
12.2023AS HoolekandeteenusedOperating costsSpecial care services for disabled persons4 267 €
11.2023AS HoolekandeteenusedOperating costsSpecial care services for disabled persons4 105 €
10.2023AS HoolekandeteenusedOperating costsSpecial care services for disabled persons2 674 €
09.2023AS HoolekandeteenusedOperating costsSpecial care services for disabled persons5 779 €
08.2023AS HoolekandeteenusedOperating costsSpecial care services for disabled persons6 874 €
07.2023AS HoolekandeteenusedOperating costsSpecial care services for disabled persons19 132 €
06.2023AS HoolekandeteenusedOperating costsSpecial care services for disabled persons8 732 €
05.2023AS HoolekandeteenusedOperating costsSpecial care services for disabled persons8 144 €
04.2023AS HoolekandeteenusedOperating costsSpecial care services for disabled persons5 482 €
03.2023AS HoolekandeteenusedOperating costsSpecial care services for disabled persons2 674 €
02.2023AS HoolekandeteenusedOperating costsSpecial care services for disabled persons6 711 €
01.2023AS HoolekandeteenusedOperating costsSpecial care services for disabled persons6 400 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Public procurement contracts

DateContracting authorityTenderAmount
09.07.2025AS HOOLEKANDETEENUSEDTarkvara Müügileping59 999 €
03.02.2025Enefit ASProcurement contract400 000 €
20.07.2020AS HOOLEKANDETEENUSEDTarkvara kasutamise ja hooldamise leping214 999 €

Public Procurement Register

Holdings in other companies

1
CompanyCodeHoldingSinceRevenue
Avalah Accounting OÜ16922664100,0%15.02.20240 €

Business Register

Companies linked via the board

1

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Programmeerimine

20
#CompanyRevenue
1Pipedrive OÜ236,8 m €
2pawaTech OÜ100,6 m €
3Eleks Holding OÜ79,9 m €
4Veriff OÜ78,5 m €
5Nortal AS64,4 m €
6Goldmont OÜ61,2 m €
7osaühing Playtech Estonia54,5 m €
8AKTSIASELTS HELMES46,3 m €
9Spribe OÜ40,4 m €
10Breakwater Technology OÜ31,0 m €
11A2verse OÜ30,8 m €
12Twilio Estonia OÜ29,4 m €
13Stiltsoft Europe OÜ25,2 m €
14Trinidad Wiseman OÜ23,9 m €
15Ridango AS23,0 m €
16Botguard OÜ21,0 m €
17Rush Street Interactive Development Estonia OÜ19,6 m €
18Dream Finance OÜ19,6 m €
19Viseven Europe OÜ18,2 m €
20Toggl OÜ18,0 m €

Avatud Lahendused OÜ: place 240 /6034

Similar size: Phenomenon Studio OÜ, Gamble OÜ, Arlear Inc OÜ, Surya Private Equity OÜ, HQSystems OÜ, DigitalSuits OÜ, Estonia Interactive OÜ, 303 Team OÜ, SODEAL OÜ, bide technology OÜ

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Domains

1 records

Domains

DomainSource
avalah.eeBusiness Register

History and notices

18
DateTypeContent
10.07.2023EntryAmendment entry
30.05.2022EntryMuutmiskanne ÄS § 525 lg 2 alusel
14.01.2022EntryAmendment entry
13.01.2022Order to remedy deficienciesAmendment entry
22.04.2021EntryAmendment entry
28.12.2020EntryAmendment entry
22.12.2020Administrative orderAmendment entry
08.12.2020EntryMuutmiskanne ÄS § 525 lg 2 alusel
13.02.2020EntryAmendment entry
15.04.2019EntryAmendment entry
08.04.2019Order to remedy deficienciesAmendment entry
07.08.2018EntryAmendment entry
01.08.2018Order to remedy deficienciesAmendment entry
24.07.2018Order to remedy deficienciesAmendment entry
05.07.2018EntryAmendment entry
20.01.2018EntryAmendment entry
10.12.2017EntryAmendment entry
29.06.2015EntryFirst entry