XELAN OÜ

Active Registry code 11223006 OÜ Tallinn Registered 20 Feb 2006

XELAN OÜ is a OÜ based in Tallinn, registry code 11223006, status: active. Main activity: Computing infrastructure, data hosting and related activities. According to EMTA, turnover for Q3 2026 was €32 606 with employees.

Turnover

32 606 €

↓ 3.1% vs Q2 2026

State taxes

8 104 €

↓ 10.7% vs Q2 2026

Labour taxes

4 444 €

↑ 0.0% vs Q2 2026

Employees

—

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

Position in the industry Computing infrastructure, data processing, hosting and other information service activities · EMTAK 63

Turnover · Q3 2026 32 606 €

above 62% of companies

industry median 17 575 € · companies in the industry: 1 012
Revenue · 2025 99 469 €

above 82% of companies

industry median 5 110 € · companies in the industry: 2 187
Net profit margin · 2025 4.1 %

above 41% of companies

industry median 9.5 % · companies in the industry: 1 292

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 32 606 € · −3.1% vs Q2 2026 · industry median 17 575 € · above 62% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q2 2026: 4 444 € · −3.3% vs Q1 2026 · industry median 2 112 € · above 74% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q2 2026: 1 · +0.0% vs Q1 2026

State taxes, € Q3 2026: 8 104 € · −10.7% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	32 606	8 104	4 444	—
Q2 2026	33 647	9 077	4 444	1
Q1 2026	44 442	11 457	4 598	1
Q4 2025	27 943	6 781	1 635	1
Q3 2025	29 376	2 344	—	—
Q2 2025	44 089	2 897	—	—
Q1 2025	26 236	2 712	—	—
Q4 2024	42 528	6 106	—	—
Q3 2024	34 706	2 979	—	—
Q2 2024	48 902	5 716	—	—
Q1 2024	31 683	1 275	—	—
Q4 2023	41 956	5 185	—	—
Q3 2023	52 214	4 130	—	—
Q2 2023	43 631	2 899	—	—
Q1 2023	48 469	3 139	—	—
Q4 2022	45 693	1 223	—	—
Q3 2022	45 305	3 873	—	—
Q2 2022	37 755	3 495	—	—
Q1 2022	39 454	570	—	—

Financials by year

2016 – 2025

Revenue, € thousand 2025: 99 469 € · −23.1% vs 2024 · industry median 5 110 € · above 82% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 4 121 € · −86.8% vs 2024 · industry median 0 € · above 73% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 4.1 % · −20.1 pp vs the year before · industry median 9.5 % · above 41% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 140 864 € · +9.3% vs 2024

Equity, € thousand 2025: 132 320 € · +3.2% vs 2024

Employees 2025: 0 · industry median 1 · above 2% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service 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	99 469	4 121	12 393	140 864	132 320	0
2024	129 334	31 313	0	128 883	128 199	0
2023	140 806	13 986	0	97 825	96 886	0
2022	114 934	14 442	0	84 291	82 900	0
2021	91 062	24 160	0	71 103	68 458	0
2020	111 738	17 661	2 625	47 647	44 298	1
2019	91 349	17 480	20 310	28 164	26 636	2
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	1
2014	—	—	—	—	—	1
2013	—	—	—	—	—	1
2012	—	—	—	—	—	0
2011	—	—	—	—	—	0
2010	—	—	—	—	—	0
2009	—	—	—	—	—	0
2008	—	—	—	—	—	0
2007	—	—	—	—	—	0
2006	—	—	—	—	—	0

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

4.1 %

Net profit / revenue

Return on equity (ROE)

3.1 %

Net profit / equity

Return on assets (ROA)

2.9 %

Net profit / assets

Equity ratio

93.9 %

Equity / assets

Debt ratio

6.1 %

Liabilities / assets

Current ratio

12.02

Current assets / current liabilities

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	12 May 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	29 Apr 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	14 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	8 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	30 May 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	5 Apr 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	24 May 2020	Company’s own	e-Äriregister

Board

Andrei Sitnikov
Board member · since 31 Aug 2011

Right of representation

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

Owners

Andrei Sitnikov
Natural person · 2 556 €

100%

Beneficial owners

Andrei Sitnikov
Direct ownership · since 18 Oct 2018

Founders and other persons

Jevgeni Pšenitšnikov
Founder · 40 000 € · 20 Feb 2006

Activities (EMTAK)

63101Computing infrastructure, data hosting and related activities Main
18122Printing of periodicals, advertising materials, forms, etc.
62101Computer programming activities
62901Other information technology and computer service activities
63911Web search portal activities
74201Photographic activities

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10096185 / 10 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10096185 / 9 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10096185 / 8 30 Nov 2017	Amendment entry		In force 30 Nov 2017	PDF
Ä 10096185 / 7 31 Aug 2016	Amendment entry		In force 31 Aug 2016	PDF
Ä 10096185 / 6 2 May 2016	Amendment entry		In force 2 May 2016	PDF
Ä 10096185 / 5 15 Jan 2014	Amendment under Commercial Code § 525 (2)		In force 15 Jan 2014	PDF
Ä 10096185 / 4 17 Dec 2012	Amendment under Commercial Code § 525 (2)		In force 17 Dec 2012	PDF
Ä 10096185 / 3 31 Aug 2011	Amendment entry		In force 31 Aug 2011	PDF
Ä 10096185 / M1 1 Jul 2011	Ruling to eliminate deficiencies	9 Sep 2011	Deficiencies eliminated 22 Aug 2011	PDF
Ä 96185 / 2 3 Dec 2008	Deletion of activities from the registry card		In force 29 Dec 2008	PDF
Ä 96185 20 Feb 2006	First entry		In force 20 Feb 2006	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data