OÜ INITEC

Active Registry code 10979083 OÜ Tallinn Registered 21 Oct 2003
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OÜ INITEC is a OÜ based in Tallinn, registry code 10979083, status: active. Main activity: Retail sale of computers, peripheral units and software. According to EMTA, turnover for Q3 2026 was €193 769 with 3 employees.

Turnover
193 769 €
↓ 16.7% vs Q2 2026
State taxes
52 478 €
↓ 12.6% vs Q2 2026
Labour taxes
16 595 €
↓ 29.0% vs Q2 2026
Employees
3
−1 vs Q2 2026

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

Position in the industry Retail trade · EMTAK 47

  • Turnover · Q3 2026 193 769 €
    industry median 23 652 € · companies in the industry: 7 652
  • Labour taxes per employee 5 532 €
    industry median 1 201 € · companies in the industry: 4 664
  • Revenue · 2024 784 748 €
    industry median 18 820 € · companies in the industry: 14 008
  • Net profit margin · 2024 -17.9 %
    industry median 1.5 % · companies in the industry: 10 035

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 193 769 € · −16.7% vs Q2 2026 · industry median 23 652 € · above 84% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 233 794 € Industry median: 26 822 €Q4·23Q1 2024 Company: 398 622 € Industry median: 23 244 €Q2 2024 Company: 276 050 € Industry median: 26 103 €Q2·24Q3 2024 Company: 319 827 € Industry median: 24 873 €Q4 2024 Company: 399 035 € Industry median: 25 253 €Q4·24Q1 2025 Company: 327 804 € Industry median: 21 554 €Q2 2025 Company: 343 835 € Industry median: 24 396 €Q2·25Q3 2025 Company: 229 083 € Industry median: 24 386 €Q4 2025 Company: 2 085 078 € Industry median: 23 532 €Q4·25Q1 2026 Company: 536 610 € Industry median: 20 241 €Q2 2026 Company: 232 486 € Industry median: 23 917 €Q2·26Q3 2026 Company: 193 769 € Industry median: 23 652 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 399 035 € Industry median: 25 253 €Q1 2025 Company: 327 804 € Industry median: 21 554 €Q1·25Q2 2025 Company: 343 835 € Industry median: 24 396 €Q3 2025 Company: 229 083 € Industry median: 24 386 €Q3·25Q4 2025 Company: 2 085 078 € Industry median: 23 532 €Q1 2026 Company: 536 610 € Industry median: 20 241 €Q1·26Q2 2026 Company: 232 486 € Industry median: 23 917 €Q3 2026 Company: 193 769 € Industry median: 23 652 €Q3·26
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 5 532 € · −5.3% vs Q2 2026 · industry median 1 201 € · above 98% of the industry
02 0004 0006 0008 00010 000Q4 2023 Company: 2 636 € Industry median: 971 €Q4·23Q1 2024 Company: 4 218 € Industry median: 1 002 €Q2 2024 Company: 4 101 € Industry median: 1 009 €Q2·24Q3 2024 Company: 3 879 € Industry median: 1 048 €Q4 2024 Company: 4 751 € Industry median: 1 053 €Q4·24Q1 2025 Company: 4 440 € Industry median: 1 099 €Q2 2025 Company: 5 088 € Industry median: 1 126 €Q2·25Q3 2025 Company: 3 646 € Industry median: 1 155 €Q4 2025 Company: 9 141 € Industry median: 1 151 €Q4·25Q1 2026 Company: 6 281 € Industry median: 1 115 €Q2 2026 Company: 5 843 € Industry median: 1 131 €Q2·26Q3 2026 Company: 5 532 € Industry median: 1 201 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 4 751 € Industry median: 1 053 €Q1 2025 Company: 4 440 € Industry median: 1 099 €Q1·25Q2 2025 Company: 5 088 € Industry median: 1 126 €Q3 2025 Company: 3 646 € Industry median: 1 155 €Q3·25Q4 2025 Company: 9 141 € Industry median: 1 151 €Q1 2026 Company: 6 281 € Industry median: 1 115 €Q1·26Q2 2026 Company: 5 843 € Industry median: 1 131 €Q3 2026 Company: 5 532 € Industry median: 1 201 €Q3·26
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 3 · −25.0% vs Q2 2026
012345Q4 2023 Company: 5Q4·23Q1 2024 Company: 5Q2 2024 Company: 5Q2·24Q3 2024 Company: 5Q4 2024 Company: 5Q4·24Q1 2025 Company: 5Q2 2025 Company: 5Q2·25Q3 2025 Company: 5Q4 2025 Company: 4Q4·25Q1 2026 Company: 4Q2 2026 Company: 4Q2·26Q3 2026 Company: 3Q3·26012345Q4 2024 Company: 5Q1 2025 Company: 5Q1·25Q2 2025 Company: 5Q3 2025 Company: 5Q3·25Q4 2025 Company: 4Q1 2026 Company: 4Q1·26Q2 2026 Company: 4Q3 2026 Company: 3Q3·26
State taxes, € thousand Q3 2026: 52 478 € · −12.6% vs Q2 2026
0100200300400Q4 2023 Company: 51 030 €Q4·23Q1 2024 Company: 80 847 €Q2 2024 Company: 58 568 €Q2·24Q3 2024 Company: 50 491 €Q4 2024 Company: 66 051 €Q4·24Q1 2025 Company: 63 858 €Q2 2025 Company: 50 328 €Q2·25Q3 2025 Company: 46 457 €Q4 2025 Company: 331 391 €Q4·25Q1 2026 Company: 105 248 €Q2 2026 Company: 60 038 €Q2·26Q3 2026 Company: 52 478 €Q3·260100200300400Q4 2024 Company: 66 051 €Q1 2025 Company: 63 858 €Q1·25Q2 2025 Company: 50 328 €Q3 2025 Company: 46 457 €Q3·25Q4 2025 Company: 331 391 €Q1 2026 Company: 105 248 €Q1·26Q2 2026 Company: 60 038 €Q3 2026 Company: 52 478 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 193 769 52 478 16 595 3
Q2 2026 232 486 60 038 23 370 4
Q1 2026 536 610 105 248 25 125 4
Q4 2025 2 085 078 331 391 36 563 4
Q3 2025 229 083 46 457 18 232 5
Q2 2025 343 835 50 328 25 441 5
Q1 2025 327 804 63 858 22 198 5
Q4 2024 399 035 66 051 23 756 5
Q3 2024 319 827 50 491 19 395 5
Q2 2024 276 050 58 568 20 506 5
Q1 2024 398 622 80 847 21 091 5
Q4 2023 233 794 51 030 13 181 5
Q3 2023 281 258 44 708 16 068 5
Q2 2023 383 117 55 066 18 308 5
Q1 2023 319 498 41 494 19 774 5
Q4 2022 234 761 36 257 16 874 5
Q3 2022 218 972 41 348 16 830 5
Q2 2022 252 367 47 432 15 504 5
Q1 2022 268 836 50 853 15 175 5
Labour taxes per employee per month
1 844 €
Turnover per employee in the quarter
64 590 €

Q3 2026 · calculated from EMTA data

Financials by year

2015 – 2024
Revenue, € thousand 2024: 784 748 € · −8.6% vs 2023 · industry median 18 820 € · above 91% of the industry
02004006008001 0002015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 646 609 € Industry median: 24 997 €20192020 Company: 630 434 € Industry median: 21 389 €20202021 Company: 667 614 € Industry median: 23 328 €20212022 Company: 668 273 € Industry median: 22 879 €20222023 Company: 858 349 € Industry median: 20 206 €20232024 Company: 784 748 € Industry median: 18 820 €202402004006008001 0002017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 646 609 € Industry median: 24 997 €2020 Company: 630 434 € Industry median: 21 389 €20202021 Company: 667 614 € Industry median: 23 328 €2022 Company: 668 273 € Industry median: 22 879 €20222023 Company: 858 349 € Industry median: 20 206 €2024 Company: 784 748 € Industry median: 18 820 €2024
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2024: -140 413 € · −483.2% vs 2023 · industry median 0 € · above 2% of the industry
-150-100-500501002015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 58 703 € Industry median: 246 €20192020 Company: 52 814 € Industry median: 98 €20202021 Company: 29 983 € Industry median: 245 €20212022 Company: 19 326 € Industry median: 96 €20222023 Company: 36 646 € Industry median: 20 €20232024 Company: -140 413 € Industry median: 0 €2024-150-100-500501002017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 58 703 € Industry median: 246 €2020 Company: 52 814 € Industry median: 98 €20202021 Company: 29 983 € Industry median: 245 €2022 Company: 19 326 € Industry median: 96 €20222023 Company: 36 646 € Industry median: 20 €2024 Company: -140 413 € Industry median: 0 €2024
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2024: -17.9 % · −22.2 pp vs the year before · industry median 1.5 % · above 13% of the industry
-20-100102015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 9.1 % Industry median: 2.6 %20192020 Company: 8.4 % Industry median: 2.7 %20202021 Company: 4.5 % Industry median: 3.3 %20212022 Company: 2.9 % Industry median: 2.8 %20222023 Company: 4.3 % Industry median: 2.2 %20232024 Company: -17.9 % Industry median: 1.5 %2024-20-100102017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 9.1 % Industry median: 2.6 %2020 Company: 8.4 % Industry median: 2.7 %20202021 Company: 4.5 % Industry median: 3.3 %2022 Company: 2.9 % Industry median: 2.8 %20222023 Company: 4.3 % Industry median: 2.2 %2024 Company: -17.9 % Industry median: 1.5 %2024
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2024: 441 808 € · −29.9% vs 2023
02004006008002015 Company: —20152016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 438 568 €20192020 Company: 513 397 €20202021 Company: 520 432 €20212022 Company: 528 244 €20222023 Company: 630 446 €20232024 Company: 441 808 €202402004006008002017 Company: —2018 Company: —20182019 Company: 438 568 €2020 Company: 513 397 €20202021 Company: 520 432 €2022 Company: 528 244 €20222023 Company: 630 446 €2024 Company: 441 808 €2024
Equity, € thousand 2024: 316 876 € · −30.7% vs 2023
01002003004005002015 Company: —20152016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 318 521 €20192020 Company: 371 335 €20202021 Company: 401 318 €20212022 Company: 420 644 €20222023 Company: 457 289 €20232024 Company: 316 876 €202401002003004005002017 Company: —2018 Company: —20182019 Company: 318 521 €2020 Company: 371 335 €20202021 Company: 401 318 €2022 Company: 420 644 €20222023 Company: 457 289 €2024 Company: 316 876 €2024
Employees 2024: 5 · +0.0% vs 2023 · industry median 2 · above 83% of the industry
02462015 Company: 6 Industry median: —20152016 Company: 5 Industry median: —20162017 Company: 4 Industry median: —20172018 Company: 3 Industry median: 220182019 Company: 4 Industry median: 220192020 Company: 5 Industry median: 220202021 Company: 5 Industry median: 220212022 Company: 5 Industry median: 220222023 Company: 5 Industry median: 220232024 Company: 5 Industry median: 220240123452017 Company: 4 Industry median: —2018 Company: 3 Industry median: 220182019 Company: 4 Industry median: 22020 Company: 5 Industry median: 220202021 Company: 5 Industry median: 22022 Company: 5 Industry median: 220222023 Company: 5 Industry median: 22024 Company: 5 Industry median: 22024
  • Company
  • Industry median

Industry: Retail trade (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
2024 784 748 -140 413 204 134 441 808 316 876 5
2023 858 349 36 646 156 426 630 446 457 289 5
2022 668 273 19 326 153 285 528 244 420 644 5
2021 667 614 29 983 131 433 520 432 401 318 5
2020 630 434 52 814 126 043 513 397 371 335 5
2019 646 609 58 703 108 547 438 568 318 521 4
2018 — — — — — 3
2017 — — — — — 4
2016 — — — — — 5
2015 — — — — — 6
2014 — — — — — 7
2013 — — — — — 4
2012 — — — — — 4
2011 — — — — — 4
2010 — — — — — 4
2009 — — — — — 4
2008 — — — — — 3
2007 — — — — — 2
2006 — — — — — 2
2005 — — — — — 2
2004 — — — — — 3

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

Financial ratios for 2024

Net profit margin
-17.9 %
Net profit / revenue
Return on equity (ROE)
-44.3 %
Net profit / equity
Return on assets (ROA)
-31.8 %
Net profit / assets
Equity ratio
71.7 %
Equity / assets
Debt ratio
28.3 %
Liabilities / assets
Current ratio
3.48
Current assets / current liabilities
Revenue per employee
156 950 €
Revenue / average full-time employees
Labour cost per employee per month
3 402 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 7 Nov 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Nov 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 26 Mar 2024 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 29 Jan 2024 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 1 Oct 2023 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 27 May 2022 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 47401Retail sale of computers, peripheral units and software Main
Rulings
Number, date Title Deadline State Document
Ä 10075229 / 17
18 Sep 2026
Amendment entry In force
18 Sep 2026
PDF
Ä 10075229 / M22
23 Aug 2026
Warning of a fine: annual report not filed 5 Oct 2026 In force
5 Sep 2026
PDF
Ä 10075229 / M21
9 Aug 2025
Warning of deletion from the register: annual report not filed 12 Nov 2025 Deficiencies eliminated
8 Nov 2025
PDF
Ä 10075229 / M20
1 Sep 2024
Warning of deletion from the register: annual report not filed 5 Dec 2024 Deficiencies eliminated
1 Dec 2024
PDF
Ä 10075229 / M19
6 Jul 2024
Warning of deletion from the register: annual report not filed 9 Oct 2024 Deficiencies eliminated
24 Aug 2024
PDF
Ä 10075229 / 16
14 Jun 2024
Amendment entry In force
14 Jun 2024
PDF
Ä 10075229 / M18
1 Jan 2024
Fine for not filing the report 16 Jan 2024 Deficiencies eliminated
15 Mar 2024
PDF
Ä 10075229 / 15
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10075229 / M17
26 Aug 2023
Warning of a fine: annual report not filed 25 Sep 2023 Deficiencies eliminated
15 Mar 2024
PDF
Ä 10075229 / 14
22 Aug 2022
Amendment under Commercial Code § 525 (2) In force
22 Aug 2022
PDF
Ä 10075229 / M16
22 Nov 2021
Warning of deletion from the register: annual report not filed 23 May 2022 Deficiencies eliminated
27 May 2022
PDF
Ä 10075229 / M15
3 Nov 2021
Fine for not filing the report 18 Nov 2021 In force
18 Nov 2021
PDF
Ä 10075229 / M14
21 Apr 2021
Warning of a fine: annual report not filed 21 May 2021 Deficiencies eliminated
27 May 2022
PDF
Ä 10075229 / 13
30 Nov 2018
Amendment entry In force
30 Nov 2018
PDF
Ä 10075229 / M13
29 Oct 2018
Warning of deletion published in Ametlikud Teadaanded In force
29 Oct 2018
PDF
Ä 10075229 / 12
2 Oct 2018
Entry refused: deficiencies not eliminated In force
18 Oct 2018
PDF
Ä 10075229 / M12
30 Aug 2018
Ruling to correct data outside an entry 19 Sep 2018 In force
30 Aug 2018
PDF
Ä 10075229 / 11
30 Aug 2018
Amendment entry In force
30 Aug 2018
PDF
Ä 10075229 / M11
24 Apr 2018
Warning of deletion from the register: annual report not filed 24 Oct 2018 Deficiencies eliminated
4 Feb 2019
PDF
Ä 10075229 / 10
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10075229 / 9
8 Nov 2017
Amendment entry In force
8 Nov 2017
PDF
Ä 10075229 / M10
5 Dec 2016
Procedural ruling 4 Jan 2017 Deficiencies eliminated
27 Dec 2016
PDF
Ä 10075229 / M9
3 Nov 2016
Warning of a fine: annual report not filed 3 Dec 2016 Deficiencies eliminated
5 Dec 2016
PDF
Ä 10075229 / 8
12 Sep 2016
Amendment entry In force
12 Sep 2016
PDF
Ä 10075229 / M8
16 Feb 2016
Warning of deletion from the register: annual report not filed 19 Aug 2016 Deficiencies eliminated
5 Dec 2016
PDF
Ä 10075229 / 7
9 Dec 2013
Amendment entry In force
9 Dec 2013
PDF
Ä 10075229 / 6
4 Dec 2013
Entry refused: deficiencies not eliminated In force
19 Dec 2013
PDF
Ä 10075229 / M7
24 Oct 2013
Ruling to eliminate deficiencies 23 Nov 2013 In force
24 Oct 2013
PDF
Ä 10075229 / 5
2 Aug 2013
Amendment entry In force
2 Aug 2013
PDF
Ä 10075229 / M6
28 Feb 2012
Warning of deletion from the register: annual report not filed 28 Aug 2012 Deficiencies eliminated
28 Aug 2012
PDF
Ä 10075229 / M5
18 Mar 2011
Fine for not filing the report 5 Apr 2011 In force
21 Mar 2011
PDF
Ä 10075229 / 4
8 Mar 2010
Entry refused: deficiencies not eliminated In force
25 Mar 2010
PDF
Ä 75229 / M4
3 Feb 2010
Ruling to eliminate deficiencies 3 Mar 2010 In force
3 Feb 2010
PDF
Ä 75229 / M3
19 Jan 2010
Warning of deletion from the register: annual report not filed 29 Jul 2010 Deficiencies eliminated
28 Jan 2010
PDF
Ä 75229 / M2
13 Oct 2009
Fine for not filing the report 12 Feb 2010 In force
28 Jan 2010
PDF
Ä 75229 / 3
26 Jun 2009
Amendment entry In force
26 Jun 2009
PDF
Ä 75229 / 2
3 Dec 2008
Deletion of activities from the registry card In force
11 Dec 2008
PDF
Ä 75229 / M1
17 Oct 2007
Fine for not filing the report 7 Nov 2007 In force
23 Oct 2007
PDF
Ä 75229
20 Oct 2003
First entry In force PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data