Cybernetica AS

Active Registry code 10140133 AS Tallinn Registered 12 May 1997
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Cybernetica AS is a AS based in Tallinn, registry code 10140133, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €6 745 061 with 228 employees.

Turnover
6 745 061 €
↓ 19.0% vs Q2 2026
State taxes
1 920 789 €
↓ 28.0% vs Q2 2026
Labour taxes
1 686 498 €
↑ 4.1% vs Q2 2026
Employees
228
−15 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Computer programming, consultancy and related activities · EMTAK 62

  • Turnover · Q3 2026 6.7 mn €
    industry median 19 078 € · companies in the industry: 7 345
  • Labour taxes per employee 7 397 €
    industry median 2 345 € · companies in the industry: 2 783
  • Revenue · 2025 15.7 mn €
    industry median 14 309 € · companies in the industry: 13 336
  • Net profit margin · 2025 7.8 %
    industry median 15.1 % · companies in the industry: 8 943

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 6 745 061 € · −19.0% vs Q2 2026 · industry median 19 078 € · above 98% of the industry
02 0004 0006 0008 00010 000Q4 2023 Company: 4 522 092 € Industry median: 20 666 €Q4·23Q1 2024 Company: 3 390 128 € Industry median: 20 684 €Q2 2024 Company: 2 530 505 € Industry median: 20 460 €Q2·24Q3 2024 Company: 2 856 861 € Industry median: 19 818 €Q4 2024 Company: 3 273 722 € Industry median: 20 482 €Q4·24Q1 2025 Company: 6 712 073 € Industry median: 20 692 €Q2 2025 Company: 3 612 774 € Industry median: 21 060 €Q2·25Q3 2025 Company: 3 010 257 € Industry median: 20 327 €Q4 2025 Company: 5 723 860 € Industry median: 21 191 €Q4·25Q1 2026 Company: 4 416 661 € Industry median: 20 665 €Q2 2026 Company: 8 331 583 € Industry median: 20 000 €Q2·26Q3 2026 Company: 6 745 061 € Industry median: 19 078 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 3 273 722 € Industry median: 20 482 €Q1 2025 Company: 6 712 073 € Industry median: 20 692 €Q1·25Q2 2025 Company: 3 612 774 € Industry median: 21 060 €Q3 2025 Company: 3 010 257 € Industry median: 20 327 €Q3·25Q4 2025 Company: 5 723 860 € Industry median: 21 191 €Q1 2026 Company: 4 416 661 € Industry median: 20 665 €Q1·26Q2 2026 Company: 8 331 583 € Industry median: 20 000 €Q3 2026 Company: 6 745 061 € Industry median: 19 078 €Q3·26
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 7 397 € · +11.0% vs Q2 2026 · industry median 2 345 € · above 89% of the industry
02 0004 0006 0008 00010 000Q4 2023 Company: 5 848 € Industry median: 2 319 €Q4·23Q1 2024 Company: 6 871 € Industry median: 2 529 €Q2 2024 Company: 6 041 € Industry median: 2 514 €Q2·24Q3 2024 Company: 6 433 € Industry median: 2 481 €Q4 2024 Company: 6 374 € Industry median: 2 431 €Q4·24Q1 2025 Company: 8 413 € Industry median: 2 523 €Q2 2025 Company: 6 717 € Industry median: 2 506 €Q2·25Q3 2025 Company: 7 052 € Industry median: 2 577 €Q4 2025 Company: 7 147 € Industry median: 2 632 €Q4·25Q1 2026 Company: 7 995 € Industry median: 2 408 €Q2 2026 Company: 6 665 € Industry median: 2 335 €Q2·26Q3 2026 Company: 7 397 € Industry median: 2 345 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 6 374 € Industry median: 2 431 €Q1 2025 Company: 8 413 € Industry median: 2 523 €Q1·25Q2 2025 Company: 6 717 € Industry median: 2 506 €Q3 2025 Company: 7 052 € Industry median: 2 577 €Q3·25Q4 2025 Company: 7 147 € Industry median: 2 632 €Q1 2026 Company: 7 995 € Industry median: 2 408 €Q1·26Q2 2026 Company: 6 665 € Industry median: 2 335 €Q3 2026 Company: 7 397 € Industry median: 2 345 €Q3·26
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 228 · −6.2% vs Q2 2026
050100150200250Q4 2023 Company: 211Q4·23Q1 2024 Company: 212Q2 2024 Company: 222Q2·24Q3 2024 Company: 220Q4 2024 Company: 223Q4·24Q1 2025 Company: 227Q2 2025 Company: 236Q2·25Q3 2025 Company: 231Q4 2025 Company: 231Q4·25Q1 2026 Company: 230Q2 2026 Company: 243Q2·26Q3 2026 Company: 228Q3·26050100150200250Q4 2024 Company: 223Q1 2025 Company: 227Q1·25Q2 2025 Company: 236Q3 2025 Company: 231Q3·25Q4 2025 Company: 231Q1 2026 Company: 230Q1·26Q2 2026 Company: 243Q3 2026 Company: 228Q3·26
State taxes, € thousand Q3 2026: 1 920 789 € · −28.0% vs Q2 2026
01 0002 0003 000Q4 2023 Company: 1 450 455 €Q4·23Q1 2024 Company: 1 593 991 €Q2 2024 Company: 1 437 357 €Q2·24Q3 2024 Company: 1 663 596 €Q4 2024 Company: 1 715 355 €Q4·24Q1 2025 Company: 2 345 833 €Q2 2025 Company: 1 749 847 €Q2·25Q3 2025 Company: 1 875 490 €Q4 2025 Company: 1 670 430 €Q4·25Q1 2026 Company: 2 208 456 €Q2 2026 Company: 2 665 956 €Q2·26Q3 2026 Company: 1 920 789 €Q3·2601 0002 0003 000Q4 2024 Company: 1 715 355 €Q1 2025 Company: 2 345 833 €Q1·25Q2 2025 Company: 1 749 847 €Q3 2025 Company: 1 875 490 €Q3·25Q4 2025 Company: 1 670 430 €Q1 2026 Company: 2 208 456 €Q1·26Q2 2026 Company: 2 665 956 €Q3 2026 Company: 1 920 789 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 6 745 061 1 920 789 1 686 498 228
Q2 2026 8 331 583 2 665 956 1 619 671 243
Q1 2026 4 416 661 2 208 456 1 838 841 230
Q4 2025 5 723 860 1 670 430 1 650 931 231
Q3 2025 3 010 257 1 875 490 1 629 060 231
Q2 2025 3 612 774 1 749 847 1 585 264 236
Q1 2025 6 712 073 2 345 833 1 909 778 227
Q4 2024 3 273 722 1 715 355 1 421 430 223
Q3 2024 2 856 861 1 663 596 1 415 270 220
Q2 2024 2 530 505 1 437 357 1 341 073 222
Q1 2024 3 390 128 1 593 991 1 456 581 212
Q4 2023 4 522 092 1 450 455 1 233 949 211
Q3 2023 3 277 802 1 476 027 1 211 390 211
Q2 2023 3 568 672 1 076 100 1 094 660 211
Q1 2023 6 861 613 2 191 873 1 301 159 188
Q4 2022 2 566 761 1 194 129 1 037 974 190
Q3 2022 2 328 111 1 561 103 1 004 738 196
Q2 2022 1 419 496 952 614 925 916 200
Q1 2022 4 375 676 1 395 474 1 081 175 186
Labour taxes per employee per month
2 466 €
Turnover per employee in the quarter
29 584 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 15 672 753 € · +8.5% vs 2024 · industry median 14 309 € · above 98% of the industry
05 00010 00015 00020 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 9 644 634 € Industry median: 11 130 €20192020 Company: 9 162 396 € Industry median: 11 075 €20202021 Company: 9 779 569 € Industry median: 13 105 €20212022 Company: 11 818 332 € Industry median: 15 007 €20222023 Company: 13 793 131 € Industry median: 15 500 €20232024 Company: 14 443 794 € Industry median: 13 785 €20242025 Company: 15 672 753 € Industry median: 14 309 €202505 00010 00015 00020 0002018 Company: — Industry median: —2019 Company: 9 644 634 € Industry median: 11 130 €20192020 Company: 9 162 396 € Industry median: 11 075 €2021 Company: 9 779 569 € Industry median: 13 105 €20212022 Company: 11 818 332 € Industry median: 15 007 €2023 Company: 13 793 131 € Industry median: 15 500 €20232024 Company: 14 443 794 € Industry median: 13 785 €2025 Company: 15 672 753 € Industry median: 14 309 €2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 1 219 272 € · −34.9% vs 2024 · industry median 106 € · above 98% of the industry
01 0002 0003 0004 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 109 950 € Industry median: 618 €20192020 Company: 251 732 € Industry median: 617 €20202021 Company: 1 075 958 € Industry median: 829 €20212022 Company: 3 527 819 € Industry median: 300 €20222023 Company: 429 694 € Industry median: 383 €20232024 Company: 1 872 613 € Industry median: 249 €20242025 Company: 1 219 272 € Industry median: 106 €202501 0002 0003 0004 0002018 Company: — Industry median: —2019 Company: 1 109 950 € Industry median: 618 €20192020 Company: 251 732 € Industry median: 617 €2021 Company: 1 075 958 € Industry median: 829 €20212022 Company: 3 527 819 € Industry median: 300 €2023 Company: 429 694 € Industry median: 383 €20232024 Company: 1 872 613 € Industry median: 249 €2025 Company: 1 219 272 € Industry median: 106 €2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 7.8 % · −5.2 pp vs the year before · industry median 15.1 % · above 42% of the industry
01020302016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 11.5 % Industry median: 21.0 %20192020 Company: 2.7 % Industry median: 22.4 %20202021 Company: 11.0 % Industry median: 23.6 %20212022 Company: 29.9 % Industry median: 19.1 %20222023 Company: 3.1 % Industry median: 17.8 %20232024 Company: 13.0 % Industry median: 16.3 %20242025 Company: 7.8 % Industry median: 15.1 %202501020302018 Company: — Industry median: —2019 Company: 11.5 % Industry median: 21.0 %20192020 Company: 2.7 % Industry median: 22.4 %2021 Company: 11.0 % Industry median: 23.6 %20212022 Company: 29.9 % Industry median: 19.1 %2023 Company: 3.1 % Industry median: 17.8 %20232024 Company: 13.0 % Industry median: 16.3 %2025 Company: 7.8 % Industry median: 15.1 %2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 15 247 524 € · +0.4% vs 2024
05 00010 00015 00020 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 9 887 855 €20192020 Company: 9 938 702 €20202021 Company: 10 341 049 €20212022 Company: 17 660 513 €20222023 Company: 12 001 560 €20232024 Company: 15 179 392 €20242025 Company: 15 247 524 €202505 00010 00015 00020 0002018 Company: —2019 Company: 9 887 855 €20192020 Company: 9 938 702 €2021 Company: 10 341 049 €20212022 Company: 17 660 513 €2023 Company: 12 001 560 €20232024 Company: 15 179 392 €2025 Company: 15 247 524 €2025
Equity, € thousand 2025: 11 074 846 € · +3.9% vs 2024
02 5005 0007 50010 00012 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 8 464 866 €20192020 Company: 7 296 405 €20202021 Company: 7 901 340 €20212022 Company: 9 881 638 €20222023 Company: 8 888 436 €20232024 Company: 10 661 049 €20242025 Company: 11 074 846 €202502 5005 0007 50010 00012 5002018 Company: —2019 Company: 8 464 866 €20192020 Company: 7 296 405 €2021 Company: 7 901 340 €20212022 Company: 9 881 638 €2023 Company: 8 888 436 €20232024 Company: 10 661 049 €2025 Company: 11 074 846 €2025
Employees 2025: 224 · +6.7% vs 2024 · industry median 1 · above 98% of the industry
0501001502002502016 Company: 119 Industry median: —20162017 Company: 115 Industry median: —20172018 Company: 131 Industry median: 120182019 Company: 142 Industry median: 120192020 Company: 142 Industry median: 120202021 Company: 149 Industry median: 120212022 Company: 168 Industry median: 120222023 Company: 185 Industry median: 120232024 Company: 210 Industry median: 120242025 Company: 224 Industry median: 120250501001502002502018 Company: 131 Industry median: 12019 Company: 142 Industry median: 120192020 Company: 142 Industry median: 12021 Company: 149 Industry median: 120212022 Company: 168 Industry median: 12023 Company: 185 Industry median: 120232024 Company: 210 Industry median: 12025 Company: 224 Industry median: 12025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 15 672 753 1 219 272 15 094 960 15 247 524 11 074 846 224
2024 14 443 794 1 872 613 14 028 171 15 179 392 10 661 049 210
2023 13 793 131 429 694 11 419 763 12 001 560 8 888 436 185
2022 11 818 332 3 527 819 9 834 144 17 660 513 9 881 638 168
2021 9 779 569 1 075 958 7 992 194 10 341 049 7 901 340 149
2020 9 162 396 251 732 6 987 328 9 938 702 7 296 405 142
2019 9 644 634 1 109 950 6 854 035 9 887 855 8 464 866 142
2018 — — — — — 131
2017 — — — — — 115
2016 — — — — — 119
2015 — — — — — 101
2014 — — — — — 97
2013 — — — — — 86
2012 — — — — — 80
2011 — — — — — 90
2010 — — — — — 95
2009 — — — — — 0
2008 — — — — — 107
2007 — — — — — 94
2006 — — — — — 85
2005 — — — — — 87
2004 — — — — — 80
2003 — — — — — 89
2002 — — — — — 93
2001 — — — — — 92
2000 — — — — — 96
1999 — — — — — 102
1998 — — — — — 89
1997 — — — — — 70

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin
7.8 %
Net profit / revenue
Return on equity (ROE)
11.0 %
Net profit / equity
Return on assets (ROA)
8.0 %
Net profit / assets
Equity ratio
72.6 %
Equity / assets
Debt ratio
27.4 %
Liabilities / assets
Current ratio
3.46
Current assets / current liabilities
Revenue per employee
69 968 €
Revenue / average full-time employees
Labour cost per employee per month
5 616 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 30 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Jun 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 1 782 000 € Swedbank AS 8 Jan 2025 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Oliver Väärtnõu
    Board member · since 11 Jun 2014
  • Dan Bogdanov
    Board member · since 30 May 2019
  • Arne Ansper
    Board member · since 17 Apr 2023

Right of representation

Any member of the management board may represent the public limited company in all transactions.

Owners

No owner information.

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 62101Computer programming activities Main
  • 61901Other telecommunication activities
  • 62201Computer consultancy activities
Rulings
Number, date Title Deadline State Document
K 10011818 / 26
8 Jan 2025
Commercial pledge entered In force
8 Jan 2025
PDF
Ä 10011818 / 25
12 Jul 2023
Amendment entry In force
12 Jul 2023
PDF
Ä 10011818 / 24
17 Apr 2023
Amendment entry In force
17 Apr 2023
PDF
Ä 10011818 / M9
14 Mar 2023
Procedural ruling In force
14 Mar 2023
PDF
Ä 10011818 / M8
25 May 2022
Ruling to correct data outside an entry 24 Jun 2022 Deficiencies eliminated
20 Jun 2022
PDF
Ä 10011818 / 23
6 Aug 2020
Amendment entry In force
6 Aug 2020
PDF
Ä 10011818 / 22
30 May 2019
Amendment entry In force
30 May 2019
PDF
Ä 10011818 / 21
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10011818 / 20
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10011818 / 19
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10011818 / 18
15 Jun 2016
Amendment entry In force
15 Jun 2016
PDF
Ä 10011818 / M7
20 May 2016
Ruling to eliminate deficiencies 19 Jun 2016 Deficiencies eliminated
15 Jun 2016
PDF
Ä 10011818 / 17
11 Jun 2014
Amendment entry In force
11 Jun 2014
PDF
Ä 10011818 / M6
4 Jun 2014
Ruling to eliminate deficiencies 24 Jun 2014 Deficiencies eliminated
11 Jun 2014
PDF
Ä 10011818 / 16
14 Jan 2014
Entry refused In force
14 Jan 2014
PDF
Ä 10011818 / 15
11 Sep 2013
Amendment entry In force
11 Sep 2013
PDF
Ä 10011818 / 14
27 Jun 2013
Amendment entry In force
27 Jun 2013
PDF
Ä 10011818 / M5
11 Jun 2013
Ruling to eliminate deficiencies 26 Jun 2013 In force
11 Jun 2013
PDF
Ä 10011818 / 13
2 Nov 2012
Amendment under Commercial Code § 525 (2) In force
2 Nov 2012
PDF
Ä 10011818 / 12
23 Jul 2012
Amendment under Commercial Code § 525 (2) In force
23 Jul 2012
PDF
Ä 10011818 / 11
13 Feb 2012
Amendment entry In force
13 Feb 2012
PDF
Ä 10011818 / M4
1 Feb 2012
Ruling to eliminate deficiencies 2 Apr 2012 In force
1 Feb 2012
PDF
Ä 10011818 / 10
6 Jan 2012
Entry refused: deficiencies not eliminated In force
9 Jan 2012
PDF
Ä 11818 / 9
3 Dec 2008
Deletion of activities from the registry card In force
15 Dec 2008
PDF
Ä 11818 / 8
31 Mar 2008
Amendment entry In force
31 Mar 2008
PDF
Ä 11818 / 7
12 Jun 2007
Amendment entry In force
12 Jun 2007
PDF
Ä 11818 / 6
5 Apr 2006
Amendment entry In force
5 Apr 2006
PDF
Ä 11818 / M3
3 Apr 2006
Ruling to eliminate deficiencies (to be served) 11 May 2006 In force
6 Apr 2006
PDF
Ä 11818 / 5
14 Apr 2004
Amendment entry In force PDF
Ä 11818 / 4
10 Sep 2003
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data