Thinnect OÜ

Active Registry code 12925756 OÜ Tallinn Registered 6 Oct 2015
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Thinnect OÜ is a OÜ based in Tallinn, registry code 12925756, status: active. Main activity: Manufacture of communication equipment. According to EMTA, turnover for Q3 2026 was €0 with employees.

Turnover
0 €
State taxes
0 €
↓ 100.0% vs Q2 2026
Labour taxes
1 199 €
↓ 67.3% vs Q2 2026
Employees
—

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

Position in the industry Manufacture of computer, electronic and optical products · EMTAK 26

  • Revenue · 2023 260 403 €
    industry median 71 212 € · companies in the industry: 161
  • Net profit margin · 2023 115.1 %
    industry median 3.7 % · companies in the industry: 126

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 0 € · industry median 104 899 € · above 2% of the industry
050100150200Q4 2023 Company: 133 717 € Industry median: 99 408 €Q4·23Q1 2024 Company: 126 440 € Industry median: 89 948 €Q2 2024 Company: 169 232 € Industry median: 123 538 €Q2·24Q3 2024 Company: 108 411 € Industry median: 99 192 €Q4 2024 Company: 41 128 € Industry median: 112 051 €Q4·24Q1 2025 Company: 115 930 € Industry median: 56 023 €Q2 2025 Company: 90 133 € Industry median: 105 127 €Q2·25Q3 2025 Company: 11 297 € Industry median: 78 607 €Q4 2025 Company: 0 € Industry median: 94 761 €Q4·25Q1 2026 Company: 0 € Industry median: 112 086 €Q2 2026 Company: 0 € Industry median: 96 231 €Q2·26Q3 2026 Company: 0 € Industry median: 104 899 €Q3·260255075100125Q4 2024 Company: 41 128 € Industry median: 112 051 €Q1 2025 Company: 115 930 € Industry median: 56 023 €Q1·25Q2 2025 Company: 90 133 € Industry median: 105 127 €Q3 2025 Company: 11 297 € Industry median: 78 607 €Q3·25Q4 2025 Company: 0 € Industry median: 94 761 €Q1 2026 Company: 0 € Industry median: 112 086 €Q1·26Q2 2026 Company: 0 € Industry median: 96 231 €Q3 2026 Company: 0 € Industry median: 104 899 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of computer, electronic and optical products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q1 2025: 1 032 € · −85.5% vs Q4 2024 · industry median 3 202 € · above 9% of the industry
02 0004 0006 0008 000Q4 2023 Company: 3 550 € Industry median: 2 615 €Q4·23Q1 2024 Company: 2 524 € Industry median: 2 383 €Q2 2024 Company: 6 231 € Industry median: 2 684 €Q2·24Q3 2024 Company: 3 211 € Industry median: 2 945 €Q4 2024 Company: 7 133 € Industry median: 2 928 €Q4·24Q1 2025 Company: 1 032 € Industry median: 3 202 €Q2 2025 Company: — Industry median: 3 025 €Q2·25Q3 2025 Company: — Industry median: 3 233 €Q4 2025 Company: — Industry median: 3 186 €Q4·25Q1 2026 Company: — Industry median: 3 076 €Q2 2026 Company: — Industry median: 3 159 €Q2·26Q3 2026 Company: — Industry median: 3 267 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 7 133 € Industry median: 2 928 €Q1 2025 Company: 1 032 € Industry median: 3 202 €Q1·25Q2 2025 Company: — Industry median: 3 025 €Q3 2025 Company: — Industry median: 3 233 €Q3·25Q4 2025 Company: — Industry median: 3 186 €Q1 2026 Company: — Industry median: 3 076 €Q1·26Q2 2026 Company: — Industry median: 3 159 €Q3 2026 Company: — Industry median: 3 267 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of computer, electronic and optical products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q1 2025: 9 · +0.0% vs Q4 2024
03581013Q4 2023 Company: 11Q4·23Q1 2024 Company: 12Q2 2024 Company: 11Q2·24Q3 2024 Company: 9Q4 2024 Company: 9Q4·24Q1 2025 Company: 9Q2 2025 Company: —Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·260246810Q4 2024 Company: 9Q1 2025 Company: 9Q1·25Q2 2025 Company: —Q3 2025 Company: —Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 0 € · −100.0% vs Q2 2026
020 00040 00060 00080 000Q4 2023 Company: 48 365 €Q4·23Q1 2024 Company: 43 865 €Q2 2024 Company: 69 827 €Q2·24Q3 2024 Company: 8 071 €Q4 2024 Company: 77 276 €Q4·24Q1 2025 Company: 12 644 €Q2 2025 Company: 14 821 €Q2·25Q3 2025 Company: 8 085 €Q4 2025 Company: 4 621 €Q4·25Q1 2026 Company: —Q2 2026 Company: 6 693 €Q2·26Q3 2026 Company: 0 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 77 276 €Q1 2025 Company: 12 644 €Q1·25Q2 2025 Company: 14 821 €Q3 2025 Company: 8 085 €Q3·25Q4 2025 Company: 4 621 €Q1 2026 Company: —Q1·26Q2 2026 Company: 6 693 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — — 1 199 —
Q2 2026 — 6 693 3 667 —
Q1 2026 — — — —
Q4 2025 — 4 621 4 733 —
Q3 2025 11 297 8 085 8 602 —
Q2 2025 90 133 14 821 12 464 —
Q1 2025 115 930 12 644 9 284 9
Q4 2024 41 128 77 276 64 197 9
Q3 2024 108 411 8 071 28 896 9
Q2 2024 169 232 69 827 68 538 11
Q1 2024 126 440 43 865 30 286 12
Q4 2023 133 717 48 365 39 055 11
Q3 2023 33 364 42 461 44 353 11
Q2 2023 79 088 31 624 34 799 11
Q1 2023 136 576 39 555 43 421 12
Q4 2022 31 548 98 151 99 502 13
Q3 2022 114 933 14 128 15 957 14
Q2 2022 77 253 88 559 83 484 16
Q1 2022 152 312 33 251 27 992 16

Financials by year

2016 – 2023
Revenue, € thousand 2023: 260 403 € · −25.7% vs 2022 · industry median 71 212 € · above 60% of the industry
02004006008002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 698 815 € Industry median: 152 246 €20192020 Company: 333 984 € Industry median: 123 597 €20202021 Company: 715 021 € Industry median: 130 302 €20212022 Company: 350 281 € Industry median: 116 625 €20222023 Company: 260 403 € Industry median: 71 212 €202302004006008002016 Company: — Industry median: —2017 Company: — Industry median: —20172018 Company: — Industry median: —2019 Company: 698 815 € Industry median: 152 246 €20192020 Company: 333 984 € Industry median: 123 597 €2021 Company: 715 021 € Industry median: 130 302 €20212022 Company: 350 281 € Industry median: 116 625 €2023 Company: 260 403 € Industry median: 71 212 €2023
  • Company
  • Industry median

Industry: Manufacture of computer, electronic and optical products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2023: 299 667 € · +13.8% vs 2022 · industry median 280 € · above 87% of the industry
02004006002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 381 484 € Industry median: 1 073 €20192020 Company: 589 869 € Industry median: 411 €20202021 Company: 344 288 € Industry median: 834 €20212022 Company: 263 434 € Industry median: 1 304 €20222023 Company: 299 667 € Industry median: 280 €202302004006002016 Company: — Industry median: —2017 Company: — Industry median: —20172018 Company: — Industry median: —2019 Company: 381 484 € Industry median: 1 073 €20192020 Company: 589 869 € Industry median: 411 €2021 Company: 344 288 € Industry median: 834 €20212022 Company: 263 434 € Industry median: 1 304 €2023 Company: 299 667 € Industry median: 280 €2023
  • Company
  • Industry median

Industry: Manufacture of computer, electronic and optical products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2023: 115.1 % · +39.9 pp vs the year before · industry median 3.7 % · above 98% of the industry
0501001502002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 54.6 % Industry median: 4.3 %20192020 Company: 176.6 % Industry median: 3.4 %20202021 Company: 48.2 % Industry median: 4.2 %20212022 Company: 75.2 % Industry median: 4.6 %20222023 Company: 115.1 % Industry median: 3.7 %20230501001502002016 Company: — Industry median: —2017 Company: — Industry median: —20172018 Company: — Industry median: —2019 Company: 54.6 % Industry median: 4.3 %20192020 Company: 176.6 % Industry median: 3.4 %2021 Company: 48.2 % Industry median: 4.2 %20212022 Company: 75.2 % Industry median: 4.6 %2023 Company: 115.1 % Industry median: 3.7 %2023
  • Company
  • Industry median

Industry: Manufacture of computer, electronic and optical products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2023: 5 123 687 € · −0.7% vs 2022
02 0004 0006 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 2 964 741 €20192020 Company: 2 997 625 €20202021 Company: 3 850 811 €20212022 Company: 5 158 692 €20222023 Company: 5 123 687 €202302 0004 0006 0002016 Company: —2017 Company: —20172018 Company: —2019 Company: 2 964 741 €20192020 Company: 2 997 625 €2021 Company: 3 850 811 €20212022 Company: 5 158 692 €2023 Company: 5 123 687 €2023
Equity, € thousand 2023: 2 646 139 € · +12.8% vs 2022
01 0002 0003 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 647 656 €20192020 Company: 1 237 525 €20202021 Company: 1 581 813 €20212022 Company: 2 346 472 €20222023 Company: 2 646 139 €202301 0002 0003 0002016 Company: —2017 Company: —20172018 Company: —2019 Company: 647 656 €20192020 Company: 1 237 525 €2021 Company: 1 581 813 €20212022 Company: 2 346 472 €2023 Company: 2 646 139 €2023
Employees 2023: 9 · −35.7% vs 2022 · industry median 5.5 · above 56% of the industry
0510152016 Company: 6 Industry median: —20162017 Company: 6 Industry median: —20172018 Company: 6 Industry median: 520182019 Company: 10 Industry median: 620192020 Company: 10 Industry median: 720202021 Company: 14 Industry median: 720212022 Company: 14 Industry median: 620222023 Company: 9 Industry median: 5.520230510152016 Company: 6 Industry median: —2017 Company: 6 Industry median: —20172018 Company: 6 Industry median: 52019 Company: 10 Industry median: 620192020 Company: 10 Industry median: 72021 Company: 14 Industry median: 720212022 Company: 14 Industry median: 62023 Company: 9 Industry median: 5.52023
  • Company
  • Industry median

Industry: Manufacture of computer, electronic and optical products (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
2023 260 403 299 667 381 887 5 123 687 2 646 139 9
2022 350 281 263 434 549 057 5 158 692 2 346 472 14
2021 715 021 344 288 421 982 3 850 811 1 581 813 14
2020 333 984 589 869 477 149 2 997 625 1 237 525 10
2019 698 815 381 484 260 883 2 964 741 647 656 10
2018 — — — — — 6
2017 — — — — — 6
2016 — — — — — 6

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2023

Net profit margin
114.2 %
Net profit / revenue
Return on equity (ROE)
11.3 %
Net profit / equity
Return on assets (ROA)
5.8 %
Net profit / assets
Equity ratio
51.6 %
Equity / assets
Debt ratio
48.4 %
Liabilities / assets
Current ratio
0.58
Current assets / current liabilities
Revenue per employee
29 159 €
Revenue / average full-time employees
Labour cost per employee per month
3 536 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2023 1 Jan 2023 – 31 Dec 2023 21 Oct 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 26 Oct 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 15 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 25 Nov 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 2 Nov 2020 Company’s own · audited e-Äriregister

Board

  • Joseph Fred Preden
    Board member · since 4 Sep 2026
  • 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

  • Omanikukonto: Thinnect Inc.
    Legal person · 2 746 €

Beneficial owners

Founders and other persons

  • IoT Technologies OÜ
    Founder · 2 500 € · 16 Oct 2015
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 26301Manufacture of communication equipment Main
  • 61901Other telecommunications activities
  • 62091Other information technology and computer service activities
  • 68201Rental and operating of own or leased real estate
  • 77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.

History of changes

What Value Period
Status Deleted from the registry 17 Jun 2016 – now
Status Active 17 Jun 2016 – now
Status Active 6 Oct 2015 – now
Rulings
Number, date Title Deadline State Document
Ä 50016482 / 15
4 Sep 2026
Amendment entry In force
4 Sep 2026
PDF
Ä 50016482 / 14
13 Feb 2025
Amendment under Code of Civil Procedure § 595¹ (1) In force
13 Feb 2025
PDF
Ä 50016482 / M5
17 Sep 2024
Fine for not filing the report 15 Oct 2024 In force
16 Oct 2024
PDF
Ä 50016482 / M4
11 Jul 2024
Warning of a fine: annual report not filed 10 Aug 2024 In force
11 Jul 2024
PDF
Ä 50016482 / M3
30 Jun 2022
Procedural ruling 14 Jul 2022 In force
30 Jun 2022
PDF
Ä 50016482 / 13
25 Feb 2022
Amendment entry In force
25 Feb 2022
PDF
Ä 50016482 / 12
7 Oct 2020
Amendment under Commercial Code § 525 (2) In force
7 Oct 2020
PDF
Ä 50016482 / 11
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 50016482 / 10
10 Dec 2017
Amendment entry In force
10 Dec 2017
PDF
Ä 50016482 / 9
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 50016482 / 8
5 Sep 2017
Amendment entry In force
5 Sep 2017
PDF
Ä 50016482 / 7
17 Jun 2016
Second (constitutive) merger entry In force
17 Jun 2016
PDF
Ä 50016482 / 6
17 Jun 2016
Continuation of operations In force
17 Jun 2016
PDF
Ä 50016482 / 5
17 Jun 2016
Deletion of the merged company In force
17 Jun 2016
PDF
Ä 50016482 / 4
17 Jun 2016
First (declaratory) merger entry In force
17 Jun 2016
PDF
Ä 50016482 / M2
10 Jun 2016
Ruling to eliminate deficiencies 25 Jun 2016 Deficiencies eliminated
17 Jun 2016
PDF
Ä 50016482 / M1
8 Jun 2016
Procedural ruling 23 Jun 2016 Deficiencies eliminated
10 Jun 2016
PDF
Ä 50016482 / 3
12 Jan 2016
Amendment entry In force
12 Jan 2016
PDF
Ä 50016482 / 2
6 Oct 2015
Third (informative) division entry In force
6 Oct 2015
PDF
Ä 50016482
6 Oct 2015
First (declaratory) division entry (card of the new company) In force
6 Oct 2015
PDF

Sources: e-Äriregister and EMTA. Data updated 26 Oct 2026. Open at the source ↗ · Report an error in the data