CodeWorks OÜ

Active Registry code 14047778 OÜ Tallinn Registered 12 May 2016
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CodeWorks OÜ is a OÜ based in Tallinn, registry code 14047778, status: active. Main activity: Business and other management consultancy activities. Its annual report for 2024 shows revenue of €4 355 and 1 employees.

Turnover
—
State taxes
474 €
↓ 81.9% vs Q2 2025
Labour taxes
523 €
↓ 81.7% vs Q2 2025
Employees
—

Q3 2025 · data from the Tax and Customs Board (EMTA)

Position in the industry Activities of head offices and management consultancy · EMTAK 70

  • Revenue · 2024 4 355 €
    industry median 10 752 € · companies in the industry: 9 950
  • Net profit margin · 2024 -108.6 %
    industry median 25.1 % · companies in the industry: 6 663

Taxes and turnover

Q4 2022 – Q3 2025
Labour taxes per employee, € Q2 2025: 2 853 € · +53.9% vs Q1 2025 · industry median 1 758 € · above 69% of the industry
01 0002 0003 000Q4 2022 Company: 1 589 € Industry median: 1 464 €Q4·22Q1 2023 Company: 1 585 € Industry median: 1 541 €Q2 2023 Company: 1 670 € Industry median: 1 539 €Q2·23Q3 2023 Company: 1 670 € Industry median: 1 580 €Q4 2023 Company: 1 670 € Industry median: 1 639 €Q4·23Q1 2024 Company: 1 755 € Industry median: 1 650 €Q2 2024 Company: 1 797 € Industry median: 1 709 €Q2·24Q3 2024 Company: 1 797 € Industry median: 1 700 €Q4 2024 Company: 1 797 € Industry median: 1 679 €Q4·24Q1 2025 Company: 1 854 € Industry median: 1 739 €Q2 2025 Company: 2 853 € Industry median: 1 758 €Q2·25Q3 2025 Company: — Industry median: 1 758 €Q3·2501 0002 0003 000Q4 2023 Company: 1 670 € Industry median: 1 639 €Q1 2024 Company: 1 755 € Industry median: 1 650 €Q1·24Q2 2024 Company: 1 797 € Industry median: 1 709 €Q3 2024 Company: 1 797 € Industry median: 1 700 €Q3·24Q4 2024 Company: 1 797 € Industry median: 1 679 €Q1 2025 Company: 1 854 € Industry median: 1 739 €Q1·25Q2 2025 Company: 2 853 € Industry median: 1 758 €Q3 2025 Company: — Industry median: 1 758 €Q3·25
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q2 2025: 1 · +0.0% vs Q1 2025
0.00.20.40.60.81.0Q4 2022 Company: 1Q4·22Q1 2023 Company: 1Q2 2023 Company: 1Q2·23Q3 2023 Company: 1Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: —Q3·250.00.20.40.60.81.0Q4 2023 Company: 1Q1 2024 Company: 1Q1·24Q2 2024 Company: 1Q3 2024 Company: 1Q3·24Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: —Q3·25
State taxes, € Q3 2025: 474 € · −81.9% vs Q2 2025
01 0002 0003 000Q4 2022 Company: 1 507 €Q4·22Q1 2023 Company: 1 501 €Q2 2023 Company: 1 581 €Q2·23Q3 2023 Company: 1 581 €Q4 2023 Company: 1 581 €Q4·23Q1 2024 Company: 1 614 €Q2 2024 Company: 1 630 €Q2·24Q3 2024 Company: 1 630 €Q4 2024 Company: 1 630 €Q4·24Q1 2025 Company: 2 710 €Q2 2025 Company: 2 621 €Q2·25Q3 2025 Company: 474 €Q3·2501 0002 0003 000Q4 2023 Company: 1 581 €Q1 2024 Company: 1 614 €Q1·24Q2 2024 Company: 1 630 €Q3 2024 Company: 1 630 €Q3·24Q4 2024 Company: 1 630 €Q1 2025 Company: 2 710 €Q1·25Q2 2025 Company: 2 621 €Q3 2025 Company: 474 €Q3·25
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2025 — 474 523 —
Q2 2025 — 2 621 2 853 1
Q1 2025 — 2 710 1 854 1
Q4 2024 — 1 630 1 797 1
Q3 2024 — 1 630 1 797 1
Q2 2024 — 1 630 1 797 1
Q1 2024 — 1 614 1 755 1
Q4 2023 — 1 581 1 670 1
Q3 2023 — 1 581 1 670 1
Q2 2023 — 1 581 1 670 1
Q1 2023 — 1 501 1 585 1
Q4 2022 — 1 507 1 589 1
Q3 2022 — 1 507 1 589 1
Q2 2022 — 1 105 1 169 1
Q1 2022 — 1 149 1 223 1

Financials by year

2016 – 2024
Revenue, € thousand 2024: 4 355 € · −97.1% vs 2023 · industry median 10 752 € · above 41% of the industry
0501001502002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 106 171 € Industry median: 8 995 €20192020 Company: 0 € Industry median: 8 785 €20202021 Company: 500 € Industry median: 9 874 €20212022 Company: 140 931 € Industry median: 10 910 €20222023 Company: 150 051 € Industry median: 11 018 €20232024 Company: 4 355 € Industry median: 10 752 €20240501001502002017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 106 171 € Industry median: 8 995 €2020 Company: 0 € Industry median: 8 785 €20202021 Company: 500 € Industry median: 9 874 €2022 Company: 140 931 € Industry median: 10 910 €20222023 Company: 150 051 € Industry median: 11 018 €2024 Company: 4 355 € Industry median: 10 752 €2024
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2024: -4 729 € · −158.6% vs 2023 · industry median 538 € · above 13% of the industry
-40 000-20 000020 00040 00060 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 20 505 € Industry median: 966 €20192020 Company: -32 260 € Industry median: 763 €20202021 Company: -23 276 € Industry median: 1 172 €20212022 Company: 59 506 € Industry median: 477 €20222023 Company: 8 075 € Industry median: 675 €20232024 Company: -4 729 € Industry median: 538 €2024-40 000-20 000020 00040 00060 0002017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 20 505 € Industry median: 966 €2020 Company: -32 260 € Industry median: 763 €20202021 Company: -23 276 € Industry median: 1 172 €2022 Company: 59 506 € Industry median: 477 €20222023 Company: 8 075 € Industry median: 675 €2024 Company: -4 729 € Industry median: 538 €2024
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2024: -108.6 % · −114.0 pp vs the year before · industry median 25.1 % · above 6% of the industry
-150-100-500502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 19.3 % Industry median: 32.0 %20192020 Company: — Industry median: 32.1 %20202021 Company: — Industry median: 35.8 %20212022 Company: 42.2 % Industry median: 27.7 %20222023 Company: 5.4 % Industry median: 28.4 %20232024 Company: -108.6 % Industry median: 25.1 %2024-150-100-500502017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 19.3 % Industry median: 32.0 %2020 Company: — Industry median: 32.1 %20202021 Company: — Industry median: 35.8 %2022 Company: 42.2 % Industry median: 27.7 %20222023 Company: 5.4 % Industry median: 28.4 %2024 Company: -108.6 % Industry median: 25.1 %2024
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2024: 115 402 € · −19.0% vs 2023
0501001502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 126 293 €20192020 Company: 95 145 €20202021 Company: 72 292 €20212022 Company: 132 734 €20222023 Company: 142 482 €20232024 Company: 115 402 €20240501001502017 Company: —2018 Company: —20182019 Company: 126 293 €2020 Company: 95 145 €20202021 Company: 72 292 €2022 Company: 132 734 €20222023 Company: 142 482 €2024 Company: 115 402 €2024
Equity, € thousand 2024: 112 417 € · −18.5% vs 2023
0501001502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 125 820 €20192020 Company: 93 560 €20202021 Company: 70 284 €20212022 Company: 129 790 €20222023 Company: 137 865 €20232024 Company: 112 417 €20240501001502017 Company: —2018 Company: —20182019 Company: 125 820 €2020 Company: 93 560 €20202021 Company: 70 284 €2022 Company: 129 790 €20222023 Company: 137 865 €2024 Company: 112 417 €2024
Employees 2024: 1 · +0.0% vs 2023 · industry median 1 · above 5% of the industry
0.00.20.40.60.81.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 1 Industry median: 120182019 Company: 1 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: 120240.00.20.40.60.81.02017 Company: 0 Industry median: —2018 Company: 1 Industry median: 120182019 Company: 1 Industry median: 12020 Company: 1 Industry median: 120202021 Company: 1 Industry median: 12022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 12024 Company: 1 Industry median: 12024
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (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
2024 4 355 -4 729 8 496 115 402 112 417 1
2023 150 051 8 075 19 881 142 482 137 865 1
2022 140 931 59 506 16 824 132 734 129 790 1
2021 500 -23 276 11 762 72 292 70 284 1
2020 0 -32 260 7 626 95 145 93 560 1
2019 106 171 20 505 3 209 126 293 125 820 1
2018 — — — — — 1
2017 — — — — — 0
2016 — — — — — 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 2024

Net profit margin
-108.6 %
Net profit / revenue
Return on equity (ROE)
-4.2 %
Net profit / equity
Return on assets (ROA)
-4.1 %
Net profit / assets
Equity ratio
97.4 %
Equity / assets
Debt ratio
2.6 %
Liabilities / assets
Current ratio
38.66
Current assets / current liabilities
Revenue per employee
4 355 €
Revenue / average full-time employees
Labour cost per employee per month
708 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 2 Feb 2026 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 2 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 6 Jul 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 13 Oct 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 17 Mar 2020 Company’s own e-Äriregister

Board

  • Zoot Nel
    Board member · since 12 May 2016

Right of representation

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

Owners

  • Zoot Nel
    Natural person · 2 500 €

Beneficial owners

  • Zoot Nel
    Direct ownership · since 27 Sep 2018

Founders and other persons

  • Zoot Nel
    Founder · 2 500 € · 11 May 2016
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 70201Business and other management consultancy activities Main
Rulings
Number, date Title Deadline State Document
Ä 50029981 / 10
15 Apr 2025
Amendment entry In force
15 Apr 2025
PDF
Ä 50029981 / M2
4 Mar 2025
Ruling to eliminate deficiencies 15 Apr 2025 Deficiencies eliminated
10 Apr 2025
PDF
Ä 50029981 / 9
12 Sep 2024
Amendment entry In force
12 Sep 2024
PDF
Ä 50029981 / M1
4 Sep 2024
Ruling to eliminate deficiencies 21 Sep 2024 Deficiencies eliminated
6 Sep 2024
PDF
Ä 50029981 / 8
13 Sep 2023
Amendment entry In force
13 Sep 2023
PDF
Ä 50029981 / 7
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50029981 / 7
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50029981 / 6
29 Jan 2020
Amendment under Commercial Code § 525 (2) In force
29 Jan 2020
PDF
Ä 50029981 / 5
9 Oct 2018
Amendment under Commercial Code § 525 (2) In force
9 Oct 2018
PDF
Ä 50029981 / 4
20 Jan 2018
Amendment entry In force
20 Jan 2018
PDF
Ä 50029981 / 3
11 Dec 2017
Amendment entry In force
11 Dec 2017
PDF
Ä 50029981 / 2
4 Apr 2017
Amendment entry In force
4 Apr 2017
PDF
Ä 50029981
12 May 2016
First entry In force
12 May 2016
PDF

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