Flexum OÜ

Active Registry code 14222841 OÜ Tallinn Registered 17 Mar 2017

Flexum OÜ is a OÜ based in Tallinn, registry code 14222841, status: active. Main activity: Non-specialised wholesale trade. According to EMTA, turnover for Q3 2026 was €1 036 923 with 9 employees.

Turnover

1 036 923 €

↓ 20.8% vs Q2 2026

State taxes

148 477 €

↑ 54.8% vs Q2 2026

Labour taxes

47 152 €

↑ 1.0% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

Turnover · Q3 2026 1 mn €

above 87% of companies

industry median 59 985 € · companies in the industry: 6 940
Labour taxes per employee 5 239 €

above 87% of companies

industry median 2 104 € · companies in the industry: 4 194
Revenue · 2025 3.6 mn €

above 92% of companies

industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025 0.1 %

above 31% of companies

industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 1 036 923 € · −20.8% vs Q2 2026 · industry median 59 985 € · above 87% of the industry

Company
Industry median

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

Labour taxes per employee, € Q3 2026: 5 239 € · +1.0% vs Q2 2026 · industry median 2 104 € · above 87% of the industry

Company
Industry median

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

Employees Q3 2026: 9 · +0.0% vs Q2 2026

State taxes, € thousand Q3 2026: 148 477 € · +54.8% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	1 036 923	148 477	47 152	9
Q2 2026	1 309 647	95 942	46 706	9
Q1 2026	896 659	117 140	42 308	9
Q4 2025	1 276 151	119 400	42 152	8
Q3 2025	818 024	77 633	25 475	8
Q2 2025	941 233	62 426	24 955	8
Q1 2025	807 438	58 900	26 053	8
Q4 2024	770 489	78 272	25 428	9
Q3 2024	673 671	52 992	25 087	9
Q2 2024	688 260	53 815	26 759	9
Q1 2024	885 755	58 968	27 946	9
Q4 2023	754 153	67 518	27 761	9
Q3 2023	677 419	69 689	25 770	9
Q2 2023	860 460	70 762	27 354	9
Q1 2023	692 886	72 621	29 895	8
Q4 2022	686 723	81 064	30 108	9
Q3 2022	2 568 601	73 847	26 888	9
Q2 2022	1 075 832	78 187	26 287	8
Q1 2022	1 027 063	79 798	27 206	8

Labour taxes per employee per month

1 746 €

Turnover per employee in the quarter

115 214 €

Q3 2026 · calculated from EMTA data

Financials by year

2017 – 2025

Revenue, € thousand 2025: 3 642 845 € · +61.0% vs 2024 · industry median 63 691 € · above 92% of the industry

Company
Industry median

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

Net profit, € thousand 2025: 3 890 € · +104.2% vs 2024 · industry median 127 € · above 63% of the industry

Company
Industry median

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

Net profit margin, % 2025: 0.1 % · +4.2 pp vs the year before · industry median 2.7 % · above 31% of the industry

Company
Industry median

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

Assets, € thousand 2025: 1 104 744 € · −8.8% vs 2024

Equity, € thousand 2025: 519 085 € · −1.6% vs 2024

Employees 2025: 7 · +16.7% vs 2024 · industry median 2 · above 83% of the industry

Company
Industry median

Industry: Wholesale trade (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	3 642 845	3 890	579 035	1 104 744	519 085	7
2024	2 263 073	-92 316	251 159	1 211 773	527 695	6
2023	1 903 155	41 184	259 922	1 307 742	634 170	7
2022	3 479 757	158 240	264 384	1 193 494	625 486	7
2021	2 086 852	90 290	235 992	1 143 679	480 246	7
2020	2 026 634	128 991	200 133	891 925	389 956	6
2019	1 808 479	70 373	162 168	874 747	260 965	5
2018	—	—	—	—	—	5
2017	—	—	—	—	—	5

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

0.1 %

Net profit / revenue

Return on equity (ROE)

0.7 %

Net profit / equity

Return on assets (ROA)

0.4 %

Net profit / assets

Equity ratio

47.0 %

Equity / assets

Debt ratio

53.0 %

Liabilities / assets

Current ratio

1.60

Current assets / current liabilities

Revenue per employee

520 406 €

Revenue / average full-time employees

Labour cost per employee per month

6 893 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	30 Jun 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	5 Aug 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	4 Aug 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	6 Oct 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	27 Jul 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	2 Jun 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
1	100 000 €	AS LHV Pank	31 Mar 2017 – in force

Board

Janek Zupsman
Board member · since 17 Mar 2017
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: Janek Zupsman
Natural person · 2 500 €

100%

Beneficial owners

Janek Zupsman
Direct ownership · since 27 Sep 2018

Founders and other persons

Janek Zupsman
Founder · 2 500 € · 16 Mar 2017

Activities (EMTAK)

46901Non-specialised wholesale trade Main

Rulings 13

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50053222 / 10 26 Sep 2025	Second (constitutive) merger entry		In force 26 Sep 2025	PDF
Ä 50053222 / M3 2 Sep 2025	Ruling to eliminate deficiencies	30 Sep 2025	Deficiencies eliminated 26 Sep 2025	PDF
Ä 50053222 / M2 11 Jul 2024	Warning of a fine: annual report not filed	10 Aug 2024	Deficiencies eliminated 6 Aug 2024	PDF
Ä 50053222 / 9 20 Jan 2023	Amendment entry		In force 20 Jan 2023	PDF
Ä 50053222 / 8 20 Jan 2018	Amendment entry		In force 20 Jan 2018	PDF
Ä 50053222 / 7 13 Dec 2017	Amendment entry		In force 13 Dec 2017	PDF
Ä 50053222 / 6 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 50053222 / 5 21 Sep 2017	Amendment under Commercial Code § 525 (2)		In force 21 Sep 2017	PDF
Ä 50053222 / 4 13 Jul 2017	Second (constitutive) merger entry		In force 13 Jul 2017	PDF
Ä 50053222 / M1 11 Jul 2017	Procedural ruling	21 Jul 2017	Deficiencies eliminated 13 Jul 2017	PDF
Ä 50053222 / 3 6 Jun 2017	Amendment entry		In force 6 Jun 2017	PDF
K 50053222 / 2 31 Mar 2017	Commercial pledge entered		In force 31 Mar 2017	PDF
Ä 50053222 17 Mar 2017	First entry		In force 17 Mar 2017	PDF

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