Citynet OÜ

Active Registry code 12814707 OÜ Rae küla Registered 12 Mar 2015

Citynet OÜ is a OÜ based in Rae küla, registry code 12814707, status: active. Main activity: Construction of utility projects for electricity and telecommunications. According to EMTA, turnover for Q3 2026 was €9 714 with 1 employees.

Turnover

9 714 €

↑ 22.4% vs Q2 2026

State taxes

1 892 €

↑ 4.2% vs Q2 2026

Labour taxes

1 592 €

↑ 0.0% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Civil engineering · EMTAK 42

Turnover · Q3 2026 9 714 €

above 17% of companies

industry median 52 240 € · companies in the industry: 1 125
Labour taxes per employee 1 592 €

above 45% of companies

industry median 1 750 € · companies in the industry: 933
Revenue · 2025 642 615 €

above 78% of companies

industry median 88 960 € · companies in the industry: 1 426
Net profit margin · 2025 2.6 %

above 42% of companies

industry median 5.0 % · companies in the industry: 1 185

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 9 714 € · +22.4% vs Q2 2026 · industry median 52 240 € · above 17% of the industry

Company
Industry median

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

Labour taxes per employee, € Q3 2026: 1 592 € · +0.0% vs Q2 2026 · industry median 1 750 € · above 45% of the industry

Company
Industry median

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

Employees Q3 2026: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 1 892 € · +4.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	9 714	1 892	1 592	1
Q2 2026	7 935	1 816	1 592	1
Q1 2026	122 687	—	1 602	1
Q4 2025	715 539	67	1 622	1
Q3 2025	8 351	—	1 622	1
Q2 2025	164 303	—	—	1
Q1 2025	8 559	460	—	—
Q4 2024	7 615	—	—	—
Q3 2024	6 131	—	—	—
Q2 2024	6 905	—	—	—
Q1 2024	5 701	—	—	—
Q4 2023	8 581	357	—	—
Q3 2023	6 075	—	—	—
Q2 2023	4 935	—	—	—
Q1 2023	5 416	—	—	—
Q4 2022	5 232	289	—	—
Q3 2022	38 054	4 838	—	—
Q2 2022	4 181	—	—	—
Q1 2022	7 389	1 085	—	—

Labour taxes per employee per month

531 €

Turnover per employee in the quarter

9 714 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 642 615 € · +2 298.7% vs 2024 · industry median 88 960 € · above 78% of the industry

Company
Industry median

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

Net profit, € 2025: 16 940 € · +3 189.3% vs 2024 · industry median 2 500 € · above 68% of the industry

Company
Industry median

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

Net profit margin, % 2025: 2.6 % · +0.7 pp vs the year before · industry median 5.0 % · above 42% of the industry

Company
Industry median

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

Assets, € thousand 2025: 288 888 € · +31.7% vs 2024

Equity, € 2025: 58 135 € · +41.1% vs 2024

Employees 2025: 1 · industry median 2 · above 5% of the industry

Company
Industry median

Industry: Civil engineering (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	642 615	16 940	12 845	288 888	58 135	1
2024	26 790	515	0	219 386	41 195	0
2023	24 494	-13 557	0	201 998	40 680	0
2022	18 050	8 298	0	170 254	54 237	0
2021	6 132	32 323	0	166 540	45 939	0
2020	3 020	-24 170	0	124 122	13 608	0
2019	13 660	1 232	3 479	128 393	37 778	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	0
2016	—	—	—	—	—	0
2015	—	—	—	—	—	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

2.6 %

Net profit / revenue

Return on equity (ROE)

29.1 %

Net profit / equity

Return on assets (ROA)

5.9 %

Net profit / assets

Equity ratio

20.1 %

Equity / assets

Debt ratio

79.9 %

Liabilities / assets

Current ratio

0.57

Current assets / current liabilities

Revenue per employee

642 615 €

Revenue / average full-time employees

Labour cost per employee per month

1 070 €

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	10 Mar 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	29 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	8 Jul 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	30 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	30 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	29 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Jun 2020	Company’s own	e-Äriregister

Board

Renata Žentelytė
Board member · since 1 Feb 2019

Right of representation

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

Owners

Renata Žentelytė
Natural person · 2 500 €

100%

Beneficial owners

Renata Žentelytė
Direct ownership · since 5 Mar 2019

Founders and other persons

Harri Neppi
Founder · 2 500 € · 11 Mar 2015

Activities (EMTAK)

42221Construction of utility projects for electricity and telecommunications Main
61101Wired, wireless, and satellite telecommunication activities

Rulings 10

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50004287 / 8 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 50004287 / 7 5 Mar 2019	Amendment entry		In force 5 Mar 2019	PDF
Ä 50004287 / 6 22 Feb 2019	Amendment entry		In force 22 Feb 2019	PDF
Ä 50004287 / M2 18 Feb 2019	Ruling to eliminate deficiencies	20 Mar 2019	Deficiencies eliminated 20 Feb 2019	PDF
Ä 50004287 / 5 1 Feb 2019	Amendment entry		In force 1 Feb 2019	PDF
Ä 50004287 / M1 30 Jan 2019	Ruling to eliminate deficiencies	9 Feb 2019	Deficiencies eliminated 1 Feb 2019	PDF
Ä 50004287 / 4 19 Jan 2018	Amendment entry		In force 19 Jan 2018	PDF
Ä 50004287 / 3 9 Dec 2017	Amendment entry		In force 9 Dec 2017	PDF
Ä 50004287 / 2 14 Jan 2016	Amendment entry		In force 14 Jan 2016	PDF
Ä 50004287 12 Mar 2015	First entry		In force 12 Mar 2015	PDF

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