Connected OÜ

Active Registry code 11356823 OÜ Tallinn Registered 26 Feb 2007
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Connected OÜ is a OÜ based in Tallinn, registry code 11356823, status: active. Main activity: Other information technology and computer service activities. According to EMTA, turnover for Q3 2026 was €436 397 with 8 employees.

Turnover
436 397 €
↑ 9.9% vs Q2 2026
State taxes
127 402 €
↓ 30.6% vs Q2 2026
Labour taxes
55 135 €
↑ 19.4% vs Q2 2026
Employees
8
±0 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 436 397 €
    industry median 19 089 € · companies in the industry: 7 346
  • Labour taxes per employee 6 892 €
    industry median 2 345 € · companies in the industry: 2 783
  • Revenue · 2025 1.6 mn €
    industry median 14 306 € · companies in the industry: 13 342
  • Net profit margin · 2025 18.1 %
    industry median 15.1 % · companies in the industry: 8 946

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 436 397 € · +9.9% vs Q2 2026 · industry median 19 089 € · above 93% of the industry
0100200300400500Q4 2023 Company: 162 001 € Industry median: 20 651 €Q4·23Q1 2024 Company: 178 468 € Industry median: 20 684 €Q2 2024 Company: 209 499 € Industry median: 20 460 €Q2·24Q3 2024 Company: 230 191 € Industry median: 19 818 €Q4 2024 Company: 262 320 € Industry median: 20 478 €Q4·24Q1 2025 Company: 292 608 € Industry median: 20 692 €Q2 2025 Company: 323 249 € Industry median: 21 050 €Q2·25Q3 2025 Company: 480 208 € Industry median: 20 336 €Q4 2025 Company: 403 028 € Industry median: 21 190 €Q4·25Q1 2026 Company: 439 323 € Industry median: 20 657 €Q2 2026 Company: 397 152 € Industry median: 20 000 €Q2·26Q3 2026 Company: 436 397 € Industry median: 19 089 €Q3·260100200300400500Q4 2024 Company: 262 320 € Industry median: 20 478 €Q1 2025 Company: 292 608 € Industry median: 20 692 €Q1·25Q2 2025 Company: 323 249 € Industry median: 21 050 €Q3 2025 Company: 480 208 € Industry median: 20 336 €Q3·25Q4 2025 Company: 403 028 € Industry median: 21 190 €Q1 2026 Company: 439 323 € Industry median: 20 657 €Q1·26Q2 2026 Company: 397 152 € Industry median: 20 000 €Q3 2026 Company: 436 397 € Industry median: 19 089 €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: 6 892 € · +19.4% vs Q2 2026 · industry median 2 345 € · above 86% of the industry
02 0004 0006 0008 000Q4 2023 Company: 5 666 € Industry median: 2 316 €Q4·23Q1 2024 Company: 5 014 € Industry median: 2 529 €Q2 2024 Company: 7 254 € Industry median: 2 514 €Q2·24Q3 2024 Company: 2 419 € Industry median: 2 481 €Q4 2024 Company: 4 083 € Industry median: 2 431 €Q4·24Q1 2025 Company: 6 371 € Industry median: 2 523 €Q2 2025 Company: 5 621 € Industry median: 2 506 €Q2·25Q3 2025 Company: 6 483 € Industry median: 2 577 €Q4 2025 Company: 4 672 € Industry median: 2 632 €Q4·25Q1 2026 Company: 6 616 € Industry median: 2 408 €Q2 2026 Company: 5 773 € Industry median: 2 335 €Q2·26Q3 2026 Company: 6 892 € Industry median: 2 345 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 4 083 € Industry median: 2 431 €Q1 2025 Company: 6 371 € Industry median: 2 523 €Q1·25Q2 2025 Company: 5 621 € Industry median: 2 506 €Q3 2025 Company: 6 483 € Industry median: 2 577 €Q3·25Q4 2025 Company: 4 672 € Industry median: 2 632 €Q1 2026 Company: 6 616 € Industry median: 2 408 €Q1·26Q2 2026 Company: 5 773 € Industry median: 2 335 €Q3 2026 Company: 6 892 € 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: 8 · +0.0% vs Q2 2026
0246810Q4 2023 Company: 3Q4·23Q1 2024 Company: 3Q2 2024 Company: 2Q2·24Q3 2024 Company: 6Q4 2024 Company: 6Q4·24Q1 2025 Company: 6Q2 2025 Company: 7Q2·25Q3 2025 Company: 8Q4 2025 Company: 9Q4·25Q1 2026 Company: 8Q2 2026 Company: 8Q2·26Q3 2026 Company: 8Q3·260246810Q4 2024 Company: 6Q1 2025 Company: 6Q1·25Q2 2025 Company: 7Q3 2025 Company: 8Q3·25Q4 2025 Company: 9Q1 2026 Company: 8Q1·26Q2 2026 Company: 8Q3 2026 Company: 8Q3·26
State taxes, € thousand Q3 2026: 127 402 € · −30.6% vs Q2 2026
050100150200Q4 2023 Company: 57 638 €Q4·23Q1 2024 Company: 40 210 €Q2 2024 Company: 40 001 €Q2·24Q3 2024 Company: 46 649 €Q4 2024 Company: 60 868 €Q4·24Q1 2025 Company: 95 253 €Q2 2025 Company: 71 781 €Q2·25Q3 2025 Company: 138 028 €Q4 2025 Company: 87 768 €Q4·25Q1 2026 Company: 102 291 €Q2 2026 Company: 183 619 €Q2·26Q3 2026 Company: 127 402 €Q3·26050100150200Q4 2024 Company: 60 868 €Q1 2025 Company: 95 253 €Q1·25Q2 2025 Company: 71 781 €Q3 2025 Company: 138 028 €Q3·25Q4 2025 Company: 87 768 €Q1 2026 Company: 102 291 €Q1·26Q2 2026 Company: 183 619 €Q3 2026 Company: 127 402 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 436 397 127 402 55 135 8
Q2 2026 397 152 183 619 46 187 8
Q1 2026 439 323 102 291 52 928 8
Q4 2025 403 028 87 768 42 044 9
Q3 2025 480 208 138 028 51 865 8
Q2 2025 323 249 71 781 39 350 7
Q1 2025 292 608 95 253 38 224 6
Q4 2024 262 320 60 868 24 495 6
Q3 2024 230 191 46 649 14 515 6
Q2 2024 209 499 40 001 14 508 2
Q1 2024 178 468 40 210 15 043 3
Q4 2023 162 001 57 638 16 999 3
Q3 2023 166 047 35 735 14 620 3
Q2 2023 163 755 55 483 15 295 3
Q1 2023 152 376 13 381 5 068 3
Q4 2022 152 788 9 647 661 2
Q3 2022 156 479 12 283 661 1
Q2 2022 120 362 7 230 735 1
Q1 2022 104 802 8 308 735 1
Labour taxes per employee per month
2 297 €
Turnover per employee in the quarter
54 550 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 1 551 339 € · +68.7% vs 2024 · industry median 14 306 € · above 98% of the industry
05001 0001 5002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 11 128 €20192020 Company: 240 633 € Industry median: 11 075 €20202021 Company: 257 619 € Industry median: 13 105 €20212022 Company: 548 585 € Industry median: 15 000 €20222023 Company: 681 358 € Industry median: 15 500 €20232024 Company: 919 389 € Industry median: 13 774 €20242025 Company: 1 551 339 € Industry median: 14 306 €202505001 0001 5002 0002018 Company: — Industry median: —2019 Company: — Industry median: 11 128 €20192020 Company: 240 633 € Industry median: 11 075 €2021 Company: 257 619 € Industry median: 13 105 €20212022 Company: 548 585 € Industry median: 15 000 €2023 Company: 681 358 € Industry median: 15 500 €20232024 Company: 919 389 € Industry median: 13 774 €2025 Company: 1 551 339 € Industry median: 14 306 €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: 280 992 € · +455.3% vs 2024 · industry median 105 € · above 98% of the industry
-10001002003002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 618 €20192020 Company: 11 737 € Industry median: 616 €20202021 Company: 55 521 € Industry median: 829 €20212022 Company: 236 920 € Industry median: 299 €20222023 Company: -706 € Industry median: 382 €20232024 Company: 50 606 € Industry median: 249 €20242025 Company: 280 992 € Industry median: 105 €2025-10001002003002018 Company: — Industry median: —2019 Company: — Industry median: 618 €20192020 Company: 11 737 € Industry median: 616 €2021 Company: 55 521 € Industry median: 829 €20212022 Company: 236 920 € Industry median: 299 €2023 Company: -706 € Industry median: 382 €20232024 Company: 50 606 € Industry median: 249 €2025 Company: 280 992 € Industry median: 105 €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: 18.1 % · +12.6 pp vs the year before · industry median 15.1 % · above 53% of the industry
-10010203040502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 21.0 %20192020 Company: 4.9 % Industry median: 22.4 %20202021 Company: 21.6 % Industry median: 23.7 %20212022 Company: 43.2 % Industry median: 19.1 %20222023 Company: -0.1 % Industry median: 17.7 %20232024 Company: 5.5 % Industry median: 16.2 %20242025 Company: 18.1 % Industry median: 15.1 %2025-10010203040502018 Company: — Industry median: —2019 Company: — Industry median: 21.0 %20192020 Company: 4.9 % Industry median: 22.4 %2021 Company: 21.6 % Industry median: 23.7 %20212022 Company: 43.2 % Industry median: 19.1 %2023 Company: -0.1 % Industry median: 17.7 %20232024 Company: 5.5 % Industry median: 16.2 %2025 Company: 18.1 % 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: 785 952 € · +230.4% vs 2024
02004006008002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: —20192020 Company: 147 333 €20202021 Company: 299 896 €20212022 Company: 506 193 €20222023 Company: 320 456 €20232024 Company: 237 904 €20242025 Company: 785 952 €202502004006008002018 Company: —2019 Company: —20192020 Company: 147 333 €2021 Company: 299 896 €20212022 Company: 506 193 €2023 Company: 320 456 €20232024 Company: 237 904 €2025 Company: 785 952 €2025
Equity, € thousand 2025: 340 785 € · +526.3% vs 2024
01002003004005002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: —20192020 Company: 124 071 €20202021 Company: 179 592 €20212022 Company: 416 511 €20222023 Company: 183 805 €20232024 Company: 54 411 €20242025 Company: 340 785 €202501002003004005002018 Company: —2019 Company: —20192020 Company: 124 071 €2021 Company: 179 592 €20212022 Company: 416 511 €2023 Company: 183 805 €20232024 Company: 54 411 €2025 Company: 340 785 €2025
Employees 2025: 8 · +33.3% vs 2024 · industry median 1 · above 93% of the industry
024682016 Company: 1 Industry median: —20162017 Company: 2 Industry median: —20172018 Company: 2 Industry median: 120182019 Company: 2 Industry median: 120192020 Company: 1 Industry median: 120202021 Company: 1 Industry median: 120212022 Company: 2 Industry median: 120222023 Company: 3 Industry median: 120232024 Company: 6 Industry median: 120242025 Company: 8 Industry median: 12025024682018 Company: 2 Industry median: 12019 Company: 2 Industry median: 120192020 Company: 1 Industry median: 12021 Company: 1 Industry median: 120212022 Company: 2 Industry median: 12023 Company: 3 Industry median: 120232024 Company: 6 Industry median: 12025 Company: 8 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 1 551 339 280 992 429 287 785 952 340 785 8
2024 919 389 50 606 209 385 237 904 54 411 6
2023 681 358 -706 145 373 320 456 183 805 3
2022 548 585 236 920 10 778 506 193 416 511 2
2021 257 619 55 521 6 836 299 896 179 592 1
2020 240 633 11 737 32 955 147 333 124 071 1
2019 — — — — — 2
2018 — — — — — 2
2017 — — — — — 2
2016 — — — — — 1
2015 — — — — — 1
2014 — — — — — 2
2013 — — — — — 2
2012 — — — — — 2
2011 — — — — — 2
2010 — — — — — 2
2009 — — — — — 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 2025

Net profit margin
18.1 %
Net profit / revenue
Return on equity (ROE)
82.5 %
Net profit / equity
Return on assets (ROA)
35.8 %
Net profit / assets
Equity ratio
43.4 %
Equity / assets
Debt ratio
56.6 %
Liabilities / assets
Current ratio
1.74
Current assets / current liabilities
Revenue per employee
193 917 €
Revenue / average full-time employees
Labour cost per employee per month
4 472 €
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 22 May 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 25 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 4 Jul 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own e-Äriregister
2020 1 Jul 2019 – 31 Dec 2020 27 Apr 2022 Company’s own e-Äriregister
2019 1 Jul 2019 – 30 Jun 2020 29 Dec 2020 Company’s own e-Äriregister

Board

  • Marek Kullas
    Board member · since 4 Jun 2008
  • Kaupo Kuusk
    Board member · since 20 Sep 2011
  • Nasdaq CSD SE
    Keeper of the share register · since 28 Sep 2017

Right of representation

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

Owners

Owner in

Beneficial owners

Founders and other persons

  • Uno Parm
    Founder · 40 000 € · 26 Feb 2007
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 62901Other information technology and computer service activities Main
Rulings
Number, date Title Deadline State Document
Ä 10106734 / 15
10 Apr 2026
Second (constitutive) merger entry In force
10 Apr 2026
PDF
Ä 10106734 / 14
7 Nov 2024
Division entry (second, constitutive) In force
7 Nov 2024
PDF
Ä 10106734 / M2
19 Apr 2022
Ruling to eliminate deficiencies in the annual report 19 May 2022 Deficiencies eliminated
27 Apr 2022
PDF
Ä 10106734 / 13
4 Jan 2022
Amendment entry In force
4 Jan 2022
PDF
Ä 10106734 / 12
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10106734 / 11
30 Nov 2017
Amendment entry In force
30 Nov 2017
PDF
Ä 10106734 / 10
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10106734 / 9
27 Mar 2017
Amendment under Commercial Code § 525 (2) In force
27 Mar 2017
PDF
Ä 10106734 / 8
16 Sep 2016
Amendment entry In force
16 Sep 2016
PDF
Ä 10106734 / 7
22 Oct 2013
Amendment under Commercial Code § 525 (2) In force
22 Oct 2013
PDF
Ä 10106734 / 6
14 Mar 2012
Amendment entry In force
14 Mar 2012
PDF
Ä 10106734 / M1
20 Dec 2011
Ruling to eliminate deficiencies 28 Feb 2012 In force
20 Dec 2011
PDF
Ä 10106734 / 5
20 Sep 2011
Amendment entry In force
20 Sep 2011
PDF
Ä 10106734 / 4
18 Jun 2010
Amendment entry In force
18 Jun 2010
PDF
Ä 106734 / 3
4 Jun 2008
Amendment entry In force
4 Jun 2008
PDF
Ä 106734 / 2
13 Mar 2008
Note on registration of shares in the Estonian central register of securities In force
13 Mar 2008
PDF
Ä 106734
26 Feb 2007
First entry In force
26 Feb 2007
PDF

Sources: e-Äriregister and EMTA. Data updated 29 Oct 2026. Open at the source ↗ · Report an error in the data