Cythan OÜ

Active Registry code 12852547 OÜ Tallinn Registered 19 May 2015

Cythan OÜ is a OÜ based in Tallinn, registry code 12852547, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €5 584 with employees.

Turnover

5 584 €

↓ 22.5% vs Q2 2026

State taxes

1 223 €

↓ 22.9% 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 5 584 €

above 28% of companies

industry median 19 078 € · companies in the industry: 7 345
Revenue · 2025 28 316 €

above 58% of companies

industry median 14 309 € · companies in the industry: 13 336
Net profit margin · 2025 127.2 %

above 98% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 5 584 € · −22.5% vs Q2 2026 · industry median 19 078 € · above 28% 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.

State taxes, € Q3 2026: 1 223 € · −22.9% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	5 584	1 223	—	—
Q2 2026	7 205	1 587	—	—
Q1 2026	6 303	900	—	—
Q4 2025	6 148	1 395	—	—
Q3 2025	8 084	1 825	—	—
Q2 2025	6 893	1 354	—	—
Q1 2025	10 327	1 984	—	—
Q4 2024	4 821	1 039	—	—
Q3 2024	98	—	—	—
Q2 2024	193	—	—	—
Q1 2024	98	—	—	—
Q4 2023	102	—	—	—
Q3 2023	56	2	—	—
Q2 2023	114	—	—	—
Q1 2023	—	—	—	—
Q4 2022	—	—	—	—
Q3 2022	—	—	—	—
Q2 2022	77	—	—	—
Q1 2022	-14 618	—	—	—

Financials by year

2016 – 2025

Revenue, € 2025: 28 316 € · +249.5% vs 2024 · industry median 14 309 € · above 58% 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, € 2025: 36 010 € · +948.3% vs 2024 · industry median 106 € · above 85% 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: 127.2 % · +84.8 pp vs the year before · industry median 15.1 % · 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.

Assets, € 2025: 68 745 € · +106.3% vs 2024

Equity, € 2025: 68 485 € · +110.9% vs 2024

Employees 2025: 0 · industry median 1 · above 2% 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	28 316	36 010	0	68 745	68 485	0
2024	8 102	3 435	0	33 322	32 475	0
2023	—	-4 038	0	29 342	29 040	0
2022	0	-16 033	0	33 173	33 079	0
2021	3 675	-3 228	5 429	49 195	49 112	1
2020	56 313	30 550	19 286	54 247	52 339	1
2019	42 516	19 881	14 432	34 232	32 790	1
2018	—	—	—	—	—	0
2017	—	—	—	—	—	0
2016	—	—	—	—	—	1
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

127.2 %

Net profit / revenue

Return on equity (ROE)

52.6 %

Net profit / equity

Return on assets (ROA)

52.4 %

Net profit / assets

Equity ratio

99.6 %

Equity / assets

Debt ratio

0.4 %

Liabilities / assets

Current ratio

264.40

Current assets / current liabilities

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	30 May 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	13 May 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	14 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	11 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	21 Apr 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	19 May 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	27 May 2020	Company’s own	e-Äriregister

Board

Raul Aassalu
Board member · since 19 May 2015

Right of representation

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

Owners

Raul Aassalu
Natural person · 2 500 €

100%

Beneficial owners

Raul Aassalu
Direct ownership · since 30 Oct 2018

Founders and other persons

Raul Aassalu
Founder · 2 500 € · 19 May 2015

Activities (EMTAK)

62101Computer programming activities Main

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50008498 / 7 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 50008498 / 6 14 Jan 2020	Amendment under Commercial Code § 525 (2)		In force 14 Jan 2020	PDF
Ä 50008498 / 5 19 Jan 2018	Amendment entry		In force 19 Jan 2018	PDF
Ä 50008498 / 4 10 Dec 2017	Amendment entry		In force 10 Dec 2017	PDF
Ä 50008498 / 3 4 May 2017	Amendment entry		In force 4 May 2017	PDF
Ä 50008498 / M2 2 May 2017	Ruling to eliminate deficiencies	17 May 2017	Deficiencies eliminated 3 May 2017	PDF
Ä 50008498 / M1 5 Oct 2016	Procedural ruling	4 Nov 2016	In force 5 Oct 2016	PDF
Ä 50008498 / 2 2 Jul 2015	Amendment under Commercial Code § 525 (2)		In force 2 Jul 2015	PDF
Ä 50008498 19 May 2015	First entry		In force 19 May 2015	PDF

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