GuardTime OÜ

Active Registry code 11313216 OÜ Tallinn Registered 3 Nov 2006

GuardTime OÜ is a OÜ based in Tallinn, registry code 11313216, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €36 747 with 1 employees.

Turnover

36 747 €

↑ 15.6% vs Q2 2026

State taxes

659 €

↓ 99.0% vs Q2 2026

Labour taxes

725 €

↓ 98.9% vs Q2 2026

Employees

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 36 747 €

above 67% of companies

industry median 19 078 € · companies in the industry: 7 345
Labour taxes per employee 725 €

above 10% of companies

industry median 2 345 € · companies in the industry: 2 783
Revenue · 2024 6.8 mn €

above 98% of companies

industry median 13 785 € · companies in the industry: 13 197
Net profit margin · 2024 16.8 %

above 50% of companies

industry median 16.3 % · companies in the industry: 9 004

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 36 747 € · +15.6% vs Q2 2026 · industry median 19 078 € · above 67% of the industry

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, € thousand Q3 2026: 725 € · industry median 2 345 € · above 10% of the industry

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: 1

State taxes, € thousand Q3 2026: 659 € · −99.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	36 747	659	725	1
Q2 2026	31 776	63 254	64 852	—
Q1 2026	222 218	113 543	128 654	1
Q4 2025	716 243	96 656	135 403	3
Q3 2025	802 463	279 334	301 962	9
Q2 2025	1 797 021	412 809	448 530	21
Q1 2025	1 449 805	384 823	418 347	21
Q4 2024	1 637 017	538 552	554 824	42
Q3 2024	1 603 744	470 286	499 784	53
Q2 2024	2 372 651	709 390	749 852	56
Q1 2024	2 165 681	924 849	970 069	59
Q4 2023	2 125 664	364 160	409 305	71
Q3 2023	2 321 576	514 483	579 336	73
Q2 2023	2 313 521	356 220	423 757	74
Q1 2023	2 262 659	524 763	577 803	72
Q4 2022	1 922 352	545 236	570 058	64
Q3 2022	1 949 926	552 575	582 129	66
Q2 2022	1 926 871	489 010	550 687	68
Q1 2022	1 926 553	750 500	743 851	68

Labour taxes per employee per month

242 €

Turnover per employee in the quarter

36 747 €

Q3 2026 · calculated from EMTA data

Financials by year

2015 – 2024

Revenue, € thousand 2024: 6 821 627 € · −19.6% vs 2023 · industry median 13 785 € · above 98% of the industry

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 2024: 1 145 109 € · +2.5% vs 2023 · industry median 249 € · above 98% of the industry

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, % 2024: 16.8 % · +3.6 pp vs the year before · industry median 16.3 % · above 50% of the industry

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 2024: 10 342 689 € · −4.3% vs 2023

Equity, € thousand 2024: 9 259 579 € · +14.1% vs 2023

Employees 2024: 61 · −18.7% vs 2023 · industry median 1 · above 98% of the industry

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
2024	6 821 627	1 145 109	5 034 993	10 342 689	9 259 579	61
2023	8 487 877	1 117 631	5 804 951	10 812 937	8 114 470	75
2022	7 565 110	784 257	5 146 075	8 973 188	6 996 839	80
2021	6 810 210	391 987	5 450 094	8 545 270	6 212 582	89
2020	7 731 851	910 342	6 992 207	9 500 282	5 820 595	104
2019	8 437 833	248 124	6 123 282	8 472 518	4 910 253	93
2018	—	—	—	—	—	62
2017	—	—	—	—	—	47
2016	—	—	—	—	—	42
2015	—	—	—	—	—	25
2014	—	—	—	—	—	19
2013	—	—	—	—	—	20
2012	—	—	—	—	—	12
2011	—	—	—	—	—	10
2010	—	—	—	—	—	10
2009	—	—	—	—	—	9
2008	—	—	—	—	—	20
2007	—	—	—	—	—	10

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

16.8 %

Net profit / revenue

Return on equity (ROE)

12.4 %

Net profit / equity

Return on assets (ROA)

11.1 %

Net profit / assets

Equity ratio

89.5 %

Equity / assets

Debt ratio

10.5 %

Liabilities / assets

Current ratio

9.54

Current assets / current liabilities

Revenue per employee

111 830 €

Revenue / average full-time employees

Labour cost per employee per month

6 878 €

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	27 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	18 Mar 2025	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	31 Dec 2024	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	3 Dec 2024	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	12 Nov 2024	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	31 Oct 2020	Company’s own · audited	e-Äriregister

Board

Tanel Ojalill
Board member · since 27 Aug 2025

Right of representation

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

Owners

Guardtime SA
Legal person · 34 641 €

100%

Beneficial owners

Michael Gault
Control by other means (contractual, family or other ties) · NLD · since 22 Oct 2018

Founders and other persons

Ahto Buldas
Founder · 40 000 € · 3 Nov 2006
Ambient Sound Investments OÜ
Founder · 8 160 € · 3 Nov 2006
OÜ Martest Security
Founder · 360 000 € · 3 Nov 2006
Aktsiaselts PricewaterhouseCoopers
Audit firm · 27 Dec 2019

shared board members, owners or beneficial owners

Activities (EMTAK)

62101Computer programming activities Main

Rulings 43

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10103536 / M19 23 Oct 2026	Fine for not filing the report		Signed 23 Oct 2026	PDF
Ä 10103536 / M18 15 Sep 2026	Warning of a fine: annual report not filed	15 Oct 2026	In force 15 Sep 2026	PDF
Ä 10103536 / M17 27 Aug 2025	Ruling to eliminate deficiencies	11 Sep 2025	Deficiencies eliminated 27 Aug 2025	PDF
Ä 10103536 / 24 27 Aug 2025	Amendment entry		In force 27 Aug 2025	PDF
Ä 10103536 / M16 26 Aug 2025	Ruling to eliminate deficiencies	25 Sep 2025	Deficiencies eliminated 26 Aug 2025	PDF
Ä 10103536 / 23 1 Nov 2024	Amendment entry		In force 1 Nov 2024	PDF
Ä 10103536 / M15 30 Oct 2024	Ruling to eliminate deficiencies	30 Nov 2024	Deficiencies eliminated 1 Nov 2024	PDF
Ä 10103536 / M14 17 Oct 2024	Ruling to correct data outside an entry	31 Oct 2024	Deficiencies eliminated 30 Oct 2024	PDF
Ä 10103536 / M13 15 Aug 2024	Fine for not filing the report	31 Aug 2024	In force 1 Sep 2024	PDF
Ä 10103536 / M12 10 Jul 2024	Warning of a fine: annual report not filed	9 Aug 2024	In force 10 Jul 2024	PDF
Ä 10103536 / M11 24 Apr 2024	Repeated fine for not filing the report	14 May 2024	In force 15 May 2024	PDF
Ä 10103536 / M10 31 Jan 2024	Repeated fine for not filing the report	16 Feb 2024	In force 17 Feb 2024	PDF
Ä 10103536 / M9 9 Nov 2023	Fine for not filing the report	25 Nov 2023	In force 26 Nov 2023	PDF
Ä 10103536 / M8 26 Sep 2023	Warning of a fine: annual report not filed	26 Oct 2023	In force 26 Sep 2023	PDF
Ä 10103536 / 22 3 May 2023	Amendment entry		In force 3 May 2023	PDF
Ä 10103536 / 21 24 Sep 2021	Amendment entry		In force 24 Sep 2021	PDF
Ä 10103536 / 20 1 Apr 2020	Amendment entry		In force 1 Apr 2020	PDF
Ä 10103536 / 19 27 Dec 2019	Transformation entry		In force 27 Dec 2019	PDF
Ä 10103536 / M7 4 Dec 2019	Ruling to eliminate deficiencies	19 Dec 2019	Deficiencies eliminated 27 Dec 2019	PDF
Ä 10103536 / 18 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10103536 / 17 30 Nov 2017	Amendment entry		In force 30 Nov 2017	PDF
Ä 10103536 / 16 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10103536 / M6 24 Oct 2016	Ruling to eliminate deficiencies	3 Nov 2016	Deficiencies eliminated 24 Oct 2016	PDF
Ä 10103536 / 15 24 Oct 2016	Amendment entry		In force 24 Oct 2016	PDF
Ä 10103536 / M5 10 Oct 2016	Ruling to eliminate deficiencies	30 Oct 2016	Deficiencies eliminated 24 Oct 2016	PDF
Ä 10103536 / 14 13 Jan 2016	Amendment entry		In force 13 Jan 2016	PDF
Ä 10103536 / 13 29 Sep 2014	Amendment entry		In force 29 Sep 2014	PDF
Ä 10103536 / 12 20 Jun 2013	Amendment entry		In force 20 Jun 2013	PDF
Ä 10103536 / M4 18 Jun 2013	Ruling to eliminate deficiencies	18 Jul 2013	Deficiencies eliminated 18 Jun 2013	PDF
Ä 10103536 / 11 16 Aug 2011	Amendment entry		In force 16 Aug 2011	PDF
Ä 10103536 / M3 10 Aug 2011	Ruling to eliminate deficiencies	30 Sep 2011	In force 10 Aug 2011	PDF
Ä 10103536 / 10 14 Apr 2011	Amendment entry		In force 14 Apr 2011	PDF
Ä 10103536 / M2 9 Mar 2011	Ruling to eliminate deficiencies	10 Apr 2011	In force 9 Mar 2011	PDF
Ä 103536 / 9 3 Feb 2010	Amendment entry		In force 3 Feb 2010	PDF
Ä 103536 / 8 31 Dec 2009	Amendment entry		In force 31 Dec 2009	PDF
Ä 103536 / M1 8 Oct 2009	Fine for not filing the report	24 Oct 2009	In force 9 Oct 2009	PDF
Ä 103536 / 7 15 May 2009	Amendment entry		In force 15 May 2009	PDF
Ä 103536 / 6 3 Dec 2008	Deletion of activities from the registry card		In force 9 Dec 2008	PDF
Ä 103536 / 5 22 Aug 2008	Amendment entry		In force 22 Aug 2008	PDF
Ä 103536 / 4 8 May 2008	Amendment entry		In force 8 May 2008	PDF
Ä 103536 / 3 30 Jan 2008	Amendment entry		In force 30 Jan 2008	PDF
Ä 103536 / 2 22 May 2007	Amendment entry		In force 23 May 2007	PDF
Ä 103536 3 Nov 2006	First entry		In force 3 Nov 2006	PDF

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

GuardTime OÜ

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

Taxes and turnover

Financials by year

Financial ratios for 2024

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 43