Cipher Systems OÜ

Active Registry code 12844192 OÜ Lähkma küla Registered 4 May 2015
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Cipher Systems OÜ is a OÜ based in Lähkma küla, registry code 12844192, status: active. Main activity: Computer consultancy and computer facilities management activities. According to EMTA, turnover for Q3 2026 was €25 043 with employees.

Turnover
25 043 €
↓ 9.2% vs Q2 2026
State taxes
7 370 €
↓ 21.5% vs Q2 2026
Labour taxes
0 €
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 25 043 €
    industry median 19 089 € · companies in the industry: 7 346
  • Revenue · 2025 101 039 €
    industry median 14 304 € · companies in the industry: 13 343
  • Net profit margin · 2025 89.8 %
    industry median 15.1 % · companies in the industry: 8 946

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 25 043 € · −9.2% vs Q2 2026 · industry median 19 089 € · above 58% of the industry
010 00020 00030 00040 000Q4 2023 Company: 17 430 € Industry median: 20 651 €Q4·23Q1 2024 Company: 28 930 € Industry median: 20 682 €Q2 2024 Company: 35 967 € Industry median: 20 460 €Q2·24Q3 2024 Company: 24 755 € Industry median: 19 800 €Q4 2024 Company: 17 475 € Industry median: 20 474 €Q4·24Q1 2025 Company: 23 042 € Industry median: 20 692 €Q2 2025 Company: 20 097 € Industry median: 21 050 €Q2·25Q3 2025 Company: 30 037 € Industry median: 20 336 €Q4 2025 Company: 23 062 € Industry median: 21 190 €Q4·25Q1 2026 Company: 28 530 € Industry median: 20 657 €Q2 2026 Company: 27 573 € Industry median: 20 000 €Q2·26Q3 2026 Company: 25 043 € Industry median: 19 089 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 17 475 € Industry median: 20 474 €Q1 2025 Company: 23 042 € Industry median: 20 692 €Q1·25Q2 2025 Company: 20 097 € Industry median: 21 050 €Q3 2025 Company: 30 037 € Industry median: 20 336 €Q3·25Q4 2025 Company: 23 062 € Industry median: 21 190 €Q1 2026 Company: 28 530 € Industry median: 20 657 €Q1·26Q2 2026 Company: 27 573 € Industry median: 20 000 €Q3 2026 Company: 25 043 € 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.

State taxes, € Q3 2026: 7 370 € · −21.5% vs Q2 2026
05 00010 00015 000Q4 2023 Company: 5 163 €Q4·23Q1 2024 Company: 8 439 €Q2 2024 Company: 9 449 €Q2·24Q3 2024 Company: 10 452 €Q4 2024 Company: 8 154 €Q4·24Q1 2025 Company: 14 584 €Q2 2025 Company: 4 421 €Q2·25Q3 2025 Company: 6 562 €Q4 2025 Company: 8 218 €Q4·25Q1 2026 Company: 6 769 €Q2 2026 Company: 9 388 €Q2·26Q3 2026 Company: 7 370 €Q3·2605 00010 00015 000Q4 2024 Company: 8 154 €Q1 2025 Company: 14 584 €Q1·25Q2 2025 Company: 4 421 €Q3 2025 Company: 6 562 €Q3·25Q4 2025 Company: 8 218 €Q1 2026 Company: 6 769 €Q1·26Q2 2026 Company: 9 388 €Q3 2026 Company: 7 370 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 25 043 7 370 — —
Q2 2026 27 573 9 388 — —
Q1 2026 28 530 6 769 — —
Q4 2025 23 062 8 218 — —
Q3 2025 30 037 6 562 — —
Q2 2025 20 097 4 421 — —
Q1 2025 23 042 14 584 3 116 —
Q4 2024 17 475 8 154 4 875 —
Q3 2024 24 755 10 452 1 505 —
Q2 2024 35 967 9 449 1 741 —
Q1 2024 28 930 8 439 1 741 —
Q4 2023 17 430 5 163 1 741 —
Q3 2023 24 907 9 981 — —
Q2 2023 14 671 4 575 1 741 —
Q1 2023 25 294 10 974 677 —
Q4 2022 16 713 6 246 3 482 —
Q3 2022 21 199 8 418 1 741 —
Q2 2022 16 366 4 576 1 393 —
Q1 2022 22 501 10 525 1 393 —

Financials by year

2016 – 2025
Revenue, € thousand 2025: 101 039 € · +0.5% vs 2024 · industry median 14 304 € · above 78% of the industry
02550751001252016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 8 252 € Industry median: 11 139 €20192020 Company: 4 930 € Industry median: 11 076 €20202021 Company: 39 327 € Industry median: 13 113 €20212022 Company: 80 303 € Industry median: 15 000 €20222023 Company: 85 877 € Industry median: 15 500 €20232024 Company: 100 505 € Industry median: 13 763 €20242025 Company: 101 039 € Industry median: 14 304 €202502550751001252018 Company: — Industry median: —2019 Company: 8 252 € Industry median: 11 139 €20192020 Company: 4 930 € Industry median: 11 076 €2021 Company: 39 327 € Industry median: 13 113 €20212022 Company: 80 303 € Industry median: 15 000 €2023 Company: 85 877 € Industry median: 15 500 €20232024 Company: 100 505 € Industry median: 13 763 €2025 Company: 101 039 € Industry median: 14 304 €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, € 2025: 90 744 € · +35.1% vs 2024 · industry median 105 € · above 93% of the industry
020 00040 00060 00080 000100 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 493 € Industry median: 618 €20192020 Company: 352 € Industry median: 618 €20202021 Company: 31 592 € Industry median: 831 €20212022 Company: 51 740 € Industry median: 299 €20222023 Company: 62 859 € Industry median: 384 €20232024 Company: 67 191 € Industry median: 248 €20242025 Company: 90 744 € Industry median: 105 €2025020 00040 00060 00080 000100 0002018 Company: — Industry median: —2019 Company: 493 € Industry median: 618 €20192020 Company: 352 € Industry median: 618 €2021 Company: 31 592 € Industry median: 831 €20212022 Company: 51 740 € Industry median: 299 €2023 Company: 62 859 € Industry median: 384 €20232024 Company: 67 191 € Industry median: 248 €2025 Company: 90 744 € 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: 89.8 % · +23.0 pp vs the year before · industry median 15.1 % · above 91% of the industry
0204060801002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 6.0 % Industry median: 21.0 %20192020 Company: 7.1 % Industry median: 22.4 %20202021 Company: 80.3 % Industry median: 23.6 %20212022 Company: 64.4 % Industry median: 19.1 %20222023 Company: 73.2 % Industry median: 17.7 %20232024 Company: 66.9 % Industry median: 16.2 %20242025 Company: 89.8 % Industry median: 15.1 %20250204060801002018 Company: — Industry median: —2019 Company: 6.0 % Industry median: 21.0 %20192020 Company: 7.1 % Industry median: 22.4 %2021 Company: 80.3 % Industry median: 23.6 %20212022 Company: 64.4 % Industry median: 19.1 %2023 Company: 73.2 % Industry median: 17.7 %20232024 Company: 66.9 % Industry median: 16.2 %2025 Company: 89.8 % 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: 179 216 € · +48.4% vs 2024
0501001502002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 431 €20192020 Company: 1 284 €20202021 Company: 40 929 €20212022 Company: 62 839 €20222023 Company: 79 945 €20232024 Company: 120 755 €20242025 Company: 179 216 €20250501001502002018 Company: —2019 Company: 1 431 €20192020 Company: 1 284 €2021 Company: 40 929 €20212022 Company: 62 839 €2023 Company: 79 945 €20232024 Company: 120 755 €2025 Company: 179 216 €2025
Equity, € thousand 2025: 172 397 € · +54.4% vs 2024
0501001502002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 932 €20192020 Company: 1 284 €20202021 Company: 35 376 €20212022 Company: 58 116 €20222023 Company: 71 298 €20232024 Company: 111 653 €20242025 Company: 172 397 €20250501001502002018 Company: —2019 Company: 932 €20192020 Company: 1 284 €2021 Company: 35 376 €20212022 Company: 58 116 €2023 Company: 71 298 €20232024 Company: 111 653 €2025 Company: 172 397 €2025
Employees 2025: 0 · −100.0% vs 2024 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 1 Industry median: 120202021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 1 Industry median: 12021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 12025 Company: 0 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 101 039 90 744 0 179 216 172 397 0
2024 100 505 67 191 22 902 120 755 111 653 1
2023 85 877 62 859 12 723 79 945 71 298 1
2022 80 303 51 740 16 116 62 839 58 116 1
2021 39 327 31 592 6 580 40 929 35 376 1
2020 4 930 352 4 241 1 284 1 284 1
2019 8 252 493 3 393 1 431 932 0
2018 — — — — — 0
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
89.8 %
Net profit / revenue
Return on equity (ROE)
52.6 %
Net profit / equity
Return on assets (ROA)
50.6 %
Net profit / assets
Equity ratio
96.2 %
Equity / assets
Debt ratio
3.8 %
Liabilities / assets
Current ratio
26.28
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 11 Mar 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 5 Feb 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 29 Jan 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jan 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 26 Jan 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 2 Feb 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 19 Feb 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

  • Allar Viik
    Member of a senior management body (management or supervisory board) · since 17 Oct 2018

Founders and other persons

Activities (EMTAK)

  • 6220Computer consultancy and computer facilities management activities Main
Rulings
Number, date Title Deadline State Document
Ä 50007545 / 7
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50007545 / 6
23 Aug 2021
Amendment entry In force
23 Aug 2021
PDF
Ä 50007545 / M1
16 Aug 2021
Ruling to eliminate deficiencies 30 Aug 2021 Deficiencies eliminated
23 Aug 2021
PDF
Ä 50007545 / 5
2 Aug 2018
Amendment entry In force
2 Aug 2018
PDF
Ä 50007545 / 4
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 50007545 / 3
20 Dec 2017
Amendment entry In force
20 Dec 2017
PDF
Ä 50007545 / 2
10 Dec 2017
Amendment entry In force
10 Dec 2017
PDF
Ä 50007545
4 May 2015
First entry In force
4 May 2015
PDF

Sources: e-Äriregister and EMTA. Data updated 27 Oct 2026. Open at the source ↗ · Report an error in the data