TechForge Ventures Technologies OÜ

Active Registry code 14121824 OÜ Tallinn Registered 28 Sep 2016
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TechForge Ventures Technologies OÜ is a OÜ based in Tallinn, registry code 14121824, status: active. Main activity: Other software publishing. Its annual report for 2023 shows revenue of €38 500 and 0 employees.

Revenue
38 500 €
↑ 10.0% vs 2022
Employees
0
±0 vs 2022

2023 · annual report, e-Äriregister

Position in the industry Publishing activities · EMTAK 58

  • Revenue · 2023 38 500 €
    industry median 7 880 € · companies in the industry: 1 169
  • Net profit margin · 2023 13.5 %
    industry median 6.4 % · companies in the industry: 771

Taxes and turnover

No tax data available. EMTA publishes data for those who paid state taxes, filed a VAT return or had employees in the quarter. New and small companies may be missing.

Financials by year

2017 – 2023
Revenue, € 2023: 38 500 € · +10.0% vs 2022 · industry median 7 880 € · above 70% of the industry
010 00020 00030 00040 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 39 829 € Industry median: 7 908 €20192020 Company: 20 918 € Industry median: 6 940 €20202021 Company: 39 931 € Industry median: 6 116 €20212022 Company: 35 000 € Industry median: 8 375 €20222023 Company: 38 500 € Industry median: 7 880 €2023010 00020 00030 00040 0002017 Company: — Industry median: —20172018 Company: — Industry median: —2019 Company: 39 829 € Industry median: 7 908 €20192020 Company: 20 918 € Industry median: 6 940 €2021 Company: 39 931 € Industry median: 6 116 €20212022 Company: 35 000 € Industry median: 8 375 €2023 Company: 38 500 € Industry median: 7 880 €2023
  • Company
  • Industry median

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

Net profit, € 2023: 5 200 € · −78.9% vs 2022 · industry median 0 € · above 76% of the industry
05 00010 00015 00020 00025 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 11 879 € Industry median: 399 €20192020 Company: 3 761 € Industry median: 143 €20202021 Company: 12 893 € Industry median: 88 €20212022 Company: 24 600 € Industry median: 5 €20222023 Company: 5 200 € Industry median: 0 €202305 00010 00015 00020 00025 0002017 Company: — Industry median: —20172018 Company: — Industry median: —2019 Company: 11 879 € Industry median: 399 €20192020 Company: 3 761 € Industry median: 143 €2021 Company: 12 893 € Industry median: 88 €20212022 Company: 24 600 € Industry median: 5 €2023 Company: 5 200 € Industry median: 0 €2023
  • Company
  • Industry median

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

Net profit margin, % 2023: 13.5 % · −56.8 pp vs the year before · industry median 6.4 % · above 61% of the industry
0204060802017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 29.8 % Industry median: 10.2 %20192020 Company: 18.0 % Industry median: 10.8 %20202021 Company: 32.3 % Industry median: 10.1 %20212022 Company: 70.3 % Industry median: 7.6 %20222023 Company: 13.5 % Industry median: 6.4 %20230204060802017 Company: — Industry median: —20172018 Company: — Industry median: —2019 Company: 29.8 % Industry median: 10.2 %20192020 Company: 18.0 % Industry median: 10.8 %2021 Company: 32.3 % Industry median: 10.1 %20212022 Company: 70.3 % Industry median: 7.6 %2023 Company: 13.5 % Industry median: 6.4 %2023
  • Company
  • Industry median

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

Assets, € 2023: 29 800 € · +21.1% vs 2022
020 00040 00060 0002017 Company: —20172018 Company: —20182019 Company: 37 548 €20192020 Company: 41 309 €20202021 Company: 54 203 €20212022 Company: 24 600 €20222023 Company: 29 800 €2023020 00040 00060 0002017 Company: —20172018 Company: —2019 Company: 37 548 €20192020 Company: 41 309 €2021 Company: 54 203 €20212022 Company: 24 600 €2023 Company: 29 800 €2023
Equity, € 2023: 29 800 € · +21.1% vs 2022
020 00040 00060 0002017 Company: —20172018 Company: —20182019 Company: 37 548 €20192020 Company: 41 309 €20202021 Company: 54 203 €20212022 Company: 24 600 €20222023 Company: 29 800 €2023020 00040 00060 0002017 Company: —20172018 Company: —2019 Company: 37 548 €20192020 Company: 41 309 €2021 Company: 54 203 €20212022 Company: 24 600 €2023 Company: 29 800 €2023
Employees 2023: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120230.00.20.40.60.81.02017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 12023
  • Company
  • Industry median

Industry: Publishing 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
2023 38 500 5 200 0 29 800 29 800 0
2022 35 000 24 600 0 24 600 24 600 0
2021 39 931 12 893 0 54 203 54 203 0
2020 20 918 3 761 0 41 309 41 309 0
2019 39 829 11 879 0 37 548 37 548 0
2018 — — — — — 0
2017 — — — — — 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 2023

Net profit margin
13.5 %
Net profit / revenue
Return on equity (ROE)
17.4 %
Net profit / equity
Return on assets (ROA)
17.4 %
Net profit / assets
Equity ratio
100.0 %
Equity / assets

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2023 1 Jan 2023 – 31 Dec 2023 10 Sep 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 5 Mar 2024 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 27 Sep 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 27 Sep 2022 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 27 Sep 2022 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

  • Igor Šats
    Direct ownership · since 14 Nov 2018

Founders and other persons

  • Igor Šats
    Founder · 2 500 € · 27 Sep 2016
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 58291Other software publishing Main

Rulings 16

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50038023 / 10
21 Aug 2025
 Amendment entry In force
21 Aug 2025
 PDF
Ä 50038023 / 9
7 Aug 2025
 Amendment entry In force
7 Aug 2025
 PDF
Ä 50038023 / 8
6 Sep 2024
 Amendment entry In force
6 Sep 2024
 PDF
Ä 50038023 / M6
3 Sep 2024
 Warning of deletion from the register: annual report not filed 7 Dec 2024 Deficiencies eliminated
4 Sep 2024
 PDF
Ä 50038023 / 7
24 Jul 2024
 Amendment entry In force
24 Jul 2024
 PDF
Ä 50038023 / M5
11 Jul 2024
 Warning of deletion from the register: annual report not filed 14 Oct 2024 Deficiencies eliminated
24 Aug 2024
 PDF
Ä 50038023 / 6
18 Mar 2024
 Amendment entry In force
18 Mar 2024
 PDF
Ä 50038023 / M4
1 Dec 2023
 Warning of deletion from the register: annual report not filed 5 Mar 2024 Deficiencies eliminated
6 Mar 2024
 PDF
Ä 50038023 / 5
1 Sep 2023
 Amendment entry In force
1 Sep 2023
 PDF
Ä 50038023 / M3
18 Apr 2022
 Warning of deletion from the register: annual report not filed 18 Oct 2022 Deficiencies eliminated
27 Sep 2022
 PDF
Ä 50038023 / M2
2 Mar 2022
 Warning of a fine: annual report not filed 1 Apr 2022 Deficiencies eliminated
27 Sep 2022
 PDF
Ä 50038023 / 4
6 Oct 2020
 Amendment entry In force
6 Oct 2020
 PDF
Ä 50038023 / M1
30 May 2018
 Procedural ruling 29 Jun 2018 In force
30 May 2018
 PDF
Ä 50038023 / 3
19 Jan 2018
 Amendment entry In force
19 Jan 2018
 PDF
Ä 50038023 / 2
12 Dec 2017
 Amendment entry In force
12 Dec 2017
 PDF
Ä 50038023
28 Sep 2016
 First entry In force
28 Sep 2016
 PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data