Lumav Commerce OÜ

Active Registry code 11727981 OÜ Tallinn Registered 2 Oct 2009

Lumav Commerce OÜ is a OÜ based in Tallinn, registry code 11727981, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €314 728 with 19 employees.

Turnover

314 728 €

↓ 6.7% vs Q2 2026

State taxes

128 343 €

↓ 6.3% vs Q2 2026

Labour taxes

81 339 €

↑ 0.4% vs Q2 2026

Employees

−1 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 314 728 €

above 91% of companies

industry median 19 078 € · companies in the industry: 7 345
Labour taxes per employee 4 281 €

above 70% of companies

industry median 2 345 € · companies in the industry: 2 783
Revenue · 2025 1.1 mn €

above 98% of companies

industry median 14 309 € · companies in the industry: 13 336
Net profit margin · 2025 4.8 %

above 37% of companies

industry median 15.1 % · companies in the industry: 8 943

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 314 728 € · −6.7% vs Q2 2026 · industry median 19 078 € · above 91% 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, € Q3 2026: 4 281 € · +5.7% vs Q2 2026 · industry median 2 345 € · above 70% 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: 19 · −5.0% vs Q2 2026

State taxes, € thousand Q3 2026: 128 343 € · −6.3% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	314 728	128 343	81 339	19
Q2 2026	337 293	136 939	81 012	20
Q1 2026	340 134	136 714	80 569	20
Q4 2025	277 687	124 354	82 292	20
Q3 2025	285 293	126 194	81 408	18
Q2 2025	282 028	116 120	74 706	19
Q1 2025	287 955	112 045	68 992	17
Q4 2024	265 592	154 879	99 811	14
Q3 2024	285 160	129 365	84 676	16
Q2 2024	286 868	147 519	104 955	17
Q1 2024	353 492	160 523	103 539	19
Q4 2023	350 522	174 282	125 587	19
Q3 2023	320 980	160 043	117 651	21
Q2 2023	445 590	201 650	138 787	25
Q1 2023	377 646	120 423	92 676	33
Q4 2022	457 440	225 410	167 886	36
Q3 2022	407 700	258 358	210 053	57
Q2 2022	539 494	268 643	200 451	61
Q1 2022	524 517	235 870	157 323	59

Labour taxes per employee per month

1 427 €

Turnover per employee in the quarter

16 565 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 1 091 703 € · −3.5% vs 2024 · industry median 14 309 € · 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 2025: 52 451 € · −8.7% vs 2024 · industry median 106 € · above 88% 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, % 2025: 4.8 % · −0.3 pp vs the year before · industry median 15.1 % · above 37% 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 2025: 440 232 € · +14.7% vs 2024

Equity, € thousand 2025: 237 602 € · +28.3% vs 2024

Employees 2025: 15 · +0.0% vs 2024 · 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
2025	1 091 703	52 451	764 483	440 232	237 602	15
2024	1 130 780	57 466	752 070	383 669	185 151	15
2023	1 411 378	-120 825	1 153 913	437 328	127 685	17
2022	1 806 813	-316 373	1 806 421	551 449	148 510	53
2021	1 913 882	114 632	1 356 690	727 760	464 439	43
2020	1 599 140	168 845	1 028 676	583 329	379 807	38
2019	1 175 299	10 395	816 846	404 844	210 962	39
2018	—	—	—	—	—	27
2017	—	—	—	—	—	27
2016	—	—	—	—	—	19
2015	—	—	—	—	—	11
2014	—	—	—	—	—	3
2013	—	—	—	—	—	2
2012	—	—	—	—	—	2
2011	—	—	—	—	—	0
2010	—	—	—	—	—	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

4.8 %

Net profit / revenue

Return on equity (ROE)

22.1 %

Net profit / equity

Return on assets (ROA)

11.9 %

Net profit / assets

Equity ratio

54.0 %

Equity / assets

Debt ratio

46.0 %

Liabilities / assets

Current ratio

1.27

Current assets / current liabilities

Revenue per employee

72 780 €

Revenue / average full-time employees

Labour cost per employee per month

4 247 €

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	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	28 May 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	26 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	28 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	7 Apr 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	17 Mar 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	20 May 2020	Company’s own	e-Äriregister

Board

Silver Kallas
Board member · since 2 Oct 2009
Margus Ots
Board member · since 5 Feb 2015
Nasdaq CSD SE
Keeper of the share register · since 21 Jun 2018

Right of representation

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

Owners

Omanikukonto: SILVER KALLAS
Natural person · 1 420 €

35.50%
Omanikukonto: MARGUS OTS
Natural person · 1 420 €

35.50%
Omanikukonto: ERPLY SOFTWARE OÜ
Legal person · 11099473 · 1 000 €

25%
Omanikukonto: EDGAR TRUMM
Natural person · 80 €

2%
Omanikukonto: ARMO KARU
Natural person · 40 €

1%
Omanikukonto: EDUARD PÜSIÄINEN
Natural person · 40 €

1%

Beneficial owners

Silver Kallas
Direct ownership · since 19 Oct 2018
Margus Ots
Direct ownership · since 18 Oct 2018

Founders and other persons

Silver Kallas
Founder · 40 000 € · 1 Oct 2009

shared board members, owners or beneficial owners

Activities (EMTAK)

62101Computer programming activities Main

Rulings 28

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10134493 / 19 4 Apr 2024	Entry refused: deficiencies not eliminated		In force 29 Apr 2024	PDF
Ä 10134493 / M9 12 Mar 2024	Ruling to eliminate deficiencies	20 Mar 2024	In force 1 Apr 2024	PDF
Ä 10134493 / 18 31 Oct 2023	Amendment under Code of Civil Procedure § 595¹ (1)		In force 31 Oct 2023	PDF
Ä 10134493 / 17 20 Mar 2023	Amendment entry		In force 20 Mar 2023	PDF
Ä 10134493 / M8 15 Mar 2023	Ruling to eliminate deficiencies	30 Mar 2023	Deficiencies eliminated 20 Mar 2023	PDF
Ä 10134493 / 16 21 Dec 2022	Amendment entry		In force 21 Dec 2022	PDF
Ä 10134493 / M7 19 Dec 2022	Ruling to eliminate deficiencies	29 Dec 2022	Deficiencies eliminated 21 Dec 2022	PDF
Ä 10134493 / M6 17 Nov 2022	Ruling to eliminate deficiencies	17 Dec 2022	In force 17 Nov 2022	PDF
Ä 10134493 / 15 2 Aug 2021	Amendment under Commercial Code § 525 (2)		In force 2 Aug 2021	PDF
Ä 10134493 / 14 21 May 2020	Amendment entry		In force 21 May 2020	PDF
Ä 10134493 / M5 9 Jan 2019	Ruling to eliminate deficiencies	29 Jan 2019	Deficiencies eliminated 9 Jan 2019	PDF
Ä 10134493 / 13 9 Jan 2019	Amendment entry		In force 9 Jan 2019	PDF
Ä 10134493 / 12 21 Jun 2018	Amendment entry		In force 21 Jun 2018	PDF
Ä 10134493 / 11 15 Jun 2018	Entry refused: deficiencies not eliminated		In force 13 Jul 2018	PDF
Ä 10134493 / M4 13 Apr 2018	Ruling to eliminate deficiencies	3 May 2018	In force 13 Apr 2018	PDF
Ä 10134493 / M3 28 Mar 2018	Ruling to eliminate deficiencies	17 Apr 2018	In force 28 Mar 2018	PDF
Ä 10134493 / 10 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10134493 / 9 1 Dec 2017	Amendment entry		In force 1 Dec 2017	PDF
Ä 10134493 / 8 5 Oct 2016	Amendment entry		In force 5 Oct 2016	PDF
Ä 10134493 / M2 28 Sep 2016	Ruling to correct data outside an entry	28 Oct 2016	In force 28 Sep 2016	PDF
Ä 10134493 / 7 5 Feb 2015	Amendment entry		In force 5 Feb 2015	PDF
Ä 10134493 / 6 19 Jan 2015	Amendment under Commercial Code § 525 (2)		In force 19 Jan 2015	PDF
Ä 10134493 / 5 28 Sep 2012	Amendment under Commercial Code § 525 (2)		In force 28 Sep 2012	PDF
Ä 10134493 / 4 11 Jul 2011	Amendment entry		In force 11 Jul 2011	PDF
Ä 10134493 / 3 8 Apr 2011	Amendment entry		In force 8 Apr 2011	PDF
Ä 10134493 / M1 7 Apr 2011	Ruling to eliminate deficiencies	12 May 2011	In force 7 Apr 2011	PDF
Ä 10134493 / 2 23 Mar 2010	Amendment under Commercial Code § 525 (2)		In force 23 Mar 2010	PDF
Ä 134493 2 Oct 2009	First entry		In force 2 Oct 2009	PDF

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

Lumav Commerce OÜ

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

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 28