Thorgate Ventures I OÜ
- Registry code
- 14244616
- VAT number
- not VAT registered
- Address
- Harju maakond, Tallinn, Mustamäe linnaosa, Mäealuse tn 2/1, 12618
- Registered
- 20.04.2017 · 9 yrs
- Activity
- Other financial service activities, except insurance and pension funding n.e.c. 64991
- Capital
- 22 875 €
- r•••@t•••.euLog in to see
- Phone
- +372 5•• ••••Log in to see
Business Register 06.10.2026
Tegevuseta: käive ja töötajad puuduvad
Profit-29 333 €2025 annual report
Employees02025 annual report
Cash290 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Tax debt since 26.09.2026 · ✓ no debtDetails ↓
Quick check
- No tax debt
- No enforcement proceedings (12 months)
- No payment orders (12 months)
- No bankruptcy or liquidation
- No sanctions
- Report filed (2025)
- Not VAT registered
Stability
Email right away on tax debt, bankruptcy or board changeRatingBBB → BB
In tax debt0 days since 26.09.2026
Board and owners
3 persons
| Board 2 | ||
|---|---|---|
| Ivar Merilo12 companiesno tax debt | Personal ID ↗ | 06.06.2019 |
| Raido Pikkar10 companiesno tax debt | Personal ID ↗ | 20.04.2017 |
| Other persons 1 | ||
| Nasdaq CSD SEOsade registripidajaOsad on Eesti väärtpaberite registris (Nasdaq CSD). See ei tähenda börsil noteerimist. | 28.09.2017 | |
| Shareholders 4 | ||
| Omanikukonto: OÜ THORGATE MANAGEMENT | 41,56% 9 506 € | 27.02.2026 |
| Omanikukonto: AS VESTMAN ENERGIA | 36,85% 8 430 € | 02.03.2026 |
| Omanikukonto: TAUR Varahalduse Osaühing | 19,6% 4 484 € | 05.03.2026 |
| Omanikukonto: THORGATE VENTURES I OÜ | 1,99% 455 € | 05.03.2026 |
| Beneficial owners 2 | ||
| Aivar Berzin1 companyno tax debtkaudne osalus | 18.09.2018 | |
| Raido Pikkar10 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member | 27.03.2024 | |
Business Register open data
Quarterly taxes and revenue
No Tax Board data
Annual reports
5 yr
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Profit | -29 333 € | ▼ into loss | 26 691 € | ▼ 72% | 94 555 € | ▲ into profit | -30 780 € | ▼ 114% | -14 379 € |
| Profit margin | — | — | — | — | — | ||||
| Retained earnings | 151 k € | ▲ 21% | 124 k € | ▲ 319% | 29 653 € | ▼ 22% | 38 180 € | ▼ 27% | 52 559 € |
| Cash | 290 € | ▼ 13% | 334 € | ▼ 14% | 390 € | ▼ 98% | 16 886 € | ▲ 11× | 1 521 € |
| Current assets | 290 € | ▼ 13% | 334 € | ▼ 14% | 390 € | ▼ 98% | 16 886 € | ▲ 11× | 1 521 € |
| Fixed assets | 916 k € | ▼ 3% | 945 k € | ▲ 3% | 918 k € | ▲ 12% | 823 k € | ▲ 7% | 769 k € |
| Assets | 916 k € | ▼ 3% | 945 k € | ▲ 3% | 918 k € | ▲ 9% | 840 k € | ▲ 9% | 771 k € |
| Current liabilities | 1 873 € | ▲ 8% | 1 739 € | ▲ 8% | 1 615 € | ▲ 135× | 12 € | ▼ 89% | 111 € |
| Total liabilities | 1 873 € | ▲ 8% | 1 739 € | ▲ 8% | 1 615 € | ▲ 135× | 12 € | ▼ 89% | 111 € |
| Equity | 914 k € | ▼ 3% | 944 k € | ▲ 3% | 917 k € | ▲ 9% | 840 k € | ▲ 9% | 771 k € |
| Labour costs | 0 € | 0 € | 0 € | 0 € | 0 € | ||||
| Employees | 0 | 0 | 0 | 0 | 0 | ||||
| Filed | 26.05.2026 | 30.06.2025 | 11.06.2024 | 06.04.2023 | 15.05.2022 | ||||
| Report | PDF ↓ | PDF ↓ | PDF ↓ | PDF ↓ | PDF ↓ |
▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0
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 06.10.2026
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
none
No transactions with state agencies, procurement contracts or grants found
RTK Saldo, Riigihangete register, RTK toetatud projektid
Holdings in other companies
4
| Company | Code | Holding | Since | Revenue |
|---|---|---|---|---|
| Xolo OÜ | 12844111 | 1,36% | 25.04.2023 | 8,7 m € |
| OÜ GlobalReader | 12657780 | 5,07% | 16.08.2023 | 1,3 m € |
| Normalic OÜ | 17483468 | 5,26% | 14.04.2026 | 29 250 € |
| Thorgate Ventures I OÜ | 14244616 | 1,99% | 05.03.2026 | 0 € |
Business Register
Companies linked via the board
13
Thorgate Digital OÜIvar Merilo, Raido Pikkar1,2 m €AAWaybiller OÜIvar Merilo, Raido Pikkar682 k €AAOÜ Thorgate ManagementIvar Merilo, Raido Pikkar659 k €AAMerilo Brothers OÜIvar Merilo492 k €AATIME Solutions OÜRaido Pikkar158 k €Amittetulundusühing Python EstoniaIvar Merilo, Raido Pikkar53 318 €AMepe Holdings OÜIvar Merilo46 735 €ARae vald, Peetri alevik, Kopli tee 8 korteriühistuIvar Merilo3 170 €AÄripataljon OÜRaido Pikkar2 000 €AGateMe OÜIvar Merilo, Raido Pikkar98 €AOÜ MepeIvar Merilo0 €BBThorgate Ventures II Greentech OÜIvar Merilo, Raido Pikkar0 €BBThorgate Ventures III OÜIvar Merilo, Raido Pikkar0 €BB
Sorted by revenue (latest report or 4 quarters).
Top 20 in activity: Other financial service activities, except insurance and pension funding n.e.c.
20
| # | Company | Revenue |
|---|---|---|
| 1 | Wise Payments Limited Eesti filiaal | 157,2 m € |
| 2 | SwissBorg Solutions OÜ | 40,2 m € |
| 3 | Circle K Treasury Operations Europe Aktsiaselts | 34,0 m € |
| 4 | SUNDAY MARKETPLACE OÜ | 29,0 m € |
| 5 | Sihtasutus Keskkonnainvesteeringute Keskus | 20,2 m € |
| 6 | CPS Solutions OÜ | 11,0 m € |
| 7 | Blocktronic OÜ | 5,0 m € |
| 8 | Creditstar International OÜ | 5,0 m € |
| 9 | Or Technologies Limited OÜ | 4,8 m € |
| 10 | Wise Assets Europe AS | 4,8 m € |
| 11 | AS LHV Paytech | 4,6 m € |
| 12 | Brink's Estonia OÜ | 4,5 m € |
| 13 | Maksekeskus AS | 4,2 m € |
| 14 | SmartPayments OÜ | 4,2 m € |
| 15 | FintechX OÜ | 4,2 m € |
| 16 | Rehe Invest OÜ | 4,0 m € |
| 17 | SolEcom-Y OÜ | 3,9 m € |
| 18 | HOOVI Finance OÜ | 3,9 m € |
| 19 | Montonio Finance OÜ | 3,0 m € |
| 20 | Recoverso RMC OÜ | 2,8 m € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Licences, pledges, domains
No data
History and notices
25
| Date | Type | Content |
|---|---|---|
| 24.05.2023 | Entry | Amendment entry |
| 20.04.2023 | Entry | Amendment entry |
| 20.04.2022 | Entry | Amendment entry |
| 30.03.2022 | Order to remedy deficiencies | Amendment entry |
| 28.02.2022 | Entry | Amendment entry |
| 02.02.2022 | Entry | Amendment entry |
| 11.01.2022 | Order to remedy deficiencies | Amendment entry |
| 17.12.2021 | Entry | Amendment entry |
| 09.04.2021 | Entry | Amendment entry |
| 12.03.2021 | Entry | Amendment entry |
| 06.01.2021 | Entry | Amendment entry |
| 06.01.2021 | Order to remedy deficiencies | Amendment entry |
| 06.07.2020 | Entry | Amendment entry |
| 21.05.2020 | Entry | Amendment entry |
| 06.06.2019 | Entry | Amendment entry |
| 06.06.2019 | Entry | Amendment entry |
| 22.04.2019 | Entry | Amendment entry |
| 19.01.2018 | Entry | Amendment entry |
| 13.12.2017 | Entry | Amendment entry |
| 04.12.2017 | Entry | Amendment entry |
| 02.10.2017 | Entry | Amendment entry |
| 28.09.2017 | Entry | Amendment entry |
| 28.04.2017 | Entry | Amendment entry |
| 25.04.2017 | Entry | Amendment entry |
| 20.04.2017 | Entry | First entry |