Fractory Solutions OÜ

Active Registry code 14300852 OÜ Tartu linn Registered 26 Jul 2017

Fractory Solutions OÜ is a OÜ based in Tartu linn, registry code 14300852, status: active. Main activity: Other information service activities. According to EMTA, turnover for Q3 2026 was €3 144 350 with 43 employees.

Turnover

3 144 350 €

↑ 9.9% vs Q2 2026

State taxes

601 464 €

↑ 95.5% vs Q2 2026

Labour taxes

291 174 €

↓ 9.5% vs Q2 2026

Employees

+5 vs Q2 2026

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

Position in the industry Computing infrastructure, data processing, hosting and other information service activities · EMTAK 63

Turnover · Q3 2026 3.1 mn €

above 98% of companies

industry median 17 575 € · companies in the industry: 1 012
Labour taxes per employee 6 771 €

above 86% of companies

industry median 2 135 € · companies in the industry: 423
Revenue · 2025 7.5 mn €

above 98% of companies

industry median 5 110 € · companies in the industry: 2 187
Net profit margin · 2025 -12.0 %

above 20% of companies

industry median 9.5 % · companies in the industry: 1 292

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 3 144 350 € · +9.9% vs Q2 2026 · industry median 17 575 € · above 98% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 6 771 € · −20.0% vs Q2 2026 · industry median 2 135 € · above 86% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 43 · +13.2% vs Q2 2026

State taxes, € thousand Q3 2026: 601 464 € · +95.5% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	3 144 350	601 464	291 174	43
Q2 2026	2 861 592	307 647	321 727	38
Q1 2026	2 456 302	256 683	282 417	39
Q4 2025	2 787 361	282 122	306 345	33
Q3 2025	2 486 960	277 581	284 935	34
Q2 2025	2 471 307	257 694	280 410	32
Q1 2025	1 930 443	277 743	270 487	32
Q4 2024	1 687 919	321 885	341 811	33
Q3 2024	1 536 991	359 512	373 751	39
Q2 2024	1 746 598	303 166	308 638	42
Q1 2024	2 484 262	308 173	294 160	37
Q4 2023	2 493 089	261 823	277 543	38
Q3 2023	2 701 561	333 410	298 120	36
Q2 2023	2 435 164	278 116	280 306	35
Q1 2023	2 254 565	342 933	313 512	36
Q4 2022	2 604 230	430 664	430 584	39
Q3 2022	2 456 218	363 256	339 957	47
Q2 2022	3 600 664	347 271	315 696	46
Q1 2022	1 925 001	298 879	256 068	42

Labour taxes per employee per month

2 257 €

Turnover per employee in the quarter

73 124 €

Q3 2026 · calculated from EMTA data

Financials by year

2018 – 2025

Revenue, € thousand 2025: 7 470 073 € · +35.4% vs 2024 · industry median 5 110 € · above 98% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -899 879 € · +59.5% vs 2024 · industry median 0 € · above 2% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -12.0 % · +28.3 pp vs the year before · industry median 9.5 % · above 20% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 12 501 695 € · +32.5% vs 2024

Equity, € thousand 2025: 6 358 784 € · −9.4% vs 2024

Employees 2025: 36 · −12.2% vs 2024 · industry median 1 · above 98% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service 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	7 470 073	-899 879	2 868 391	12 501 695	6 358 784	36
2024	5 515 217	-2 223 700	2 978 102	9 433 233	7 018 702	41
2023	6 933 478	-2 071 482	3 111 006	10 236 256	7 150 463	42
2022	7 986 007	-3 814 350	3 678 740	6 949 771	4 108 018	0
2021	3 772 237	-1 130 098	1 097 241	8 574 570	7 769 406	25
2020	1 789 152	-433 776	384 391	1 598 069	-764 077	18
2019	931 956	-551 865	430 124	799 685	-330 301	12
2018	—	—	—	—	—	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 2025

Net profit margin

-12.0 %

Net profit / revenue

Return on equity (ROE)

-14.2 %

Net profit / equity

Return on assets (ROA)

-7.2 %

Net profit / assets

Equity ratio

50.9 %

Equity / assets

Debt ratio

49.1 %

Liabilities / assets

Current ratio

0.37

Current assets / current liabilities

Revenue per employee

207 502 €

Revenue / average full-time employees

Labour cost per employee per month

6 640 €

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	17 Jul 2026	Consolidated · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	31 Jul 2025	Consolidated · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	9 Sep 2024	Consolidated · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	13 Jul 2023	Consolidated · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	18 Apr 2022	Consolidated · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	30 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	29 Jun 2020	Company’s own	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
1	3 000 000 €	Claret European Specialty Lending Company IV, S.à r.l.	25 Jun 2026 – in force

Board

Joosep Merelaht
Board member · since 26 Jul 2017
Martin Vares
Board member · since 26 Jul 2017
Rein Torm
Board member · since 26 Jul 2017
Björn Klaas
Board member · since 12 May 2025

Right of representation

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

Owners

OTB Fund Coöperatief U.A
Legal person · 10 444 €

12.76%
Cash & Crow OÜ
Legal person · 16264132 · 9 312 €

11.38%
Usaldusfond Trind Ventures Fund I
Legal person · 14340596 · 7 137 €

8.72%
Reinstorm Industries OÜ
Legal person · 16264037 · 6 926 €

8.46%
Gimbal OÜ
Legal person · 16264244 · 6 812 €

8.32%
Superhero Opportunity Fund 2022 Ky
Legal person · 6 197 €

7.57%
Superhero Venture Fund 2015 Ky
Legal person · 5 847 €

7.14%
AS SmartCap
Legal person · 12071991 · 5 047 €

6.17%
Kvanted Fund 1 Ky
Legal person · 5 047 €

6.17%
Usaldusfond United Angels Fund I
Legal person · 14371639 · 4 040 €

4.94%
EstBAN Nordic Angels I OÜ
Legal person · 14465180 · 3 129 €

3.82%
NAP Angels IA OÜ
Legal person · 14755245 · 1 562 €

1.91%
Growth Fund I C.V.
Legal person · 1 333 €

1.63%
Usaldusfond Specialist VC Primary and Secondary Fund II
Legal person · 16392077 · 1 333 €

1.63%
Usaldusfond Spring Capital Seed Fund 2
Legal person · 14630006 · 1 234 €

1.51%
Wise Guys Batch 9 OÜ
Legal person · 14264398 · 976 €

1.19%
Verve Investment Syndicates GmbH
Legal person · 777 €

0.95%
Usaldusfond Wise Guys Opportunity Fund 1
Legal person · 16269342 · 715 €

0.87%
Contriber Ventures OÜ
Legal person · 11349869 · 621 €

0.76%
VKS Investments OÜ
Legal person · 14605209 · 613 €

0.75%
Osaühing REMMELG & POJAD
Legal person · 10396559 · 361 €

0.44%
Martian Capital OÜ
Legal person · 14474606 · 344 €

0.42%
Secure Consent OÜ
Legal person · 14496677 · 304 €

0.37%
TIFC OÜ
Legal person · 14899914 · 238 €

0.29%
Wasp Enterprises OÜ
Legal person · 11931078 · 238 €

0.29%
Darrin Phillip Clement
Natural person · 226 €

0.28%
Signiti Varad OÜ
Legal person · 17089783 · 217 €

0.27%
Fischermay Osaühing
Legal person · 12321442 · 200 €

0.24%
Laush OÜ
Legal person · 11283834 · 160 €

0.20%
OÜ Nutshell Invest
Legal person · 10844940 · 160 €

0.20%
Usaldusfond Wise Guys Ventures Fond 1
Legal person · 14685421 · 155 €

0.19%
Kilthaka GmbH
Legal person · 91 €

0.11%
Mila Invest OÜ
Legal person · 11891261 · 48 €

0.06%

Beneficial owners

Björn Klaas
Member of a senior management body (management or supervisory board) · since 24 Nov 2025
Joosep Merelaht
Member of a senior management body (management or supervisory board) · since 24 Nov 2025
Martin Vares
Member of a senior management body (management or supervisory board) · since 24 Nov 2025
Rein Torm
Member of a senior management body (management or supervisory board) · since 24 Nov 2025

Founders and other persons

Joosep Merelaht
Founder · 750 € · 19 Jul 2017
Martin Vares
Founder · 1 000 € · 19 Jul 2017
Rein Torm
Founder · 750 € · 19 Jul 2017
Jakob Alexander Storå
Chairman of the supervisory board · 12 Oct 2023
Mihkel Välja
Supervisory board member · 7 Oct 2021
Axel Ahlström
Supervisory board member · 12 Oct 2023
Lauri Lehtmaa
Supervisory board member · 12 Oct 2023
Krzysztof Pałucki
Supervisory board member · 5 Jan 2026

shared board members, owners or beneficial owners

Activities (EMTAK)

63921Other information service activities Main

Rulings 28

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50061513 / M11 29 Oct 2026	Ruling to eliminate deficiencies		Signed 29 Oct 2026	PDF
K 50061513 / 17 25 Jun 2026	Commercial pledge entered		In force 25 Jun 2026	PDF
Ä 50061513 / 16 12 May 2025	Amendment entry		In force 12 May 2025	PDF
Ä 50061513 / M10 9 May 2025	Ruling to eliminate deficiencies	24 May 2025	Deficiencies eliminated 12 May 2025	PDF
Ä 50061513 / M9 23 Apr 2025	Ruling to correct data outside an entry	7 May 2025	Deficiencies eliminated 24 Apr 2025	PDF
Ä 50061513 / 15 20 Mar 2025	Amendment entry		In force 20 Mar 2025	PDF
Ä 50061513 / 14 6 Sep 2024	Amendment entry		In force 6 Sep 2024	PDF
Ä 50061513 / M8 29 Aug 2024	Ruling to eliminate deficiencies	14 Sep 2024	Deficiencies eliminated 30 Aug 2024	PDF
Ä 50061513 / M7 21 Aug 2024	Fine for not filing the report	5 Sep 2024	In force 7 Sep 2024	PDF
Ä 50061513 / M6 12 Jul 2024	Warning of a fine: annual report not filed	11 Aug 2024	In force 12 Jul 2024	PDF
Ä 50061513 / 13 13 May 2024	Amendment under Code of Civil Procedure § 595¹ (1)		In force 13 May 2024	PDF
Ä 50061513 / M5 13 Dec 2023	Ruling to correct data outside an entry	27 Dec 2023	Deficiencies eliminated 19 Dec 2023	PDF
Ä 50061513 / 12 13 Dec 2023	Amendment entry		In force 13 Dec 2023	PDF
Ä 50061513 / 11 14 Oct 2021	Amendment entry		In force 14 Oct 2021	PDF
Ä 50061513 / 10 19 Jul 2021	Amendment entry		In force 19 Jul 2021	PDF
Ä 50061513 / M4 16 Jul 2021	Ruling to eliminate deficiencies	10 Aug 2021	Deficiencies eliminated 19 Jul 2021	PDF
Ä 50061513 / 9 22 Mar 2021	Amendment entry		In force 22 Mar 2021	PDF
Ä 50061513 / 8 29 Jun 2020	Amendment entry		In force 29 Jun 2020	PDF
Ä 50061513 / 7 3 May 2019	Amendment entry		In force 3 May 2019	PDF
Ä 50061513 / 6 19 Nov 2018	Amendment entry		In force 19 Nov 2018	PDF
Ä 50061513 / 5 1 Feb 2018	Amendment entry		In force 1 Feb 2018	PDF
Ä 50061513 / 4 19 Jan 2018	Amendment entry		In force 19 Jan 2018	PDF
Ä 50061513 / M3 17 Jan 2018	Ruling to eliminate deficiencies	1 Feb 2018	Deficiencies eliminated 1 Feb 2018	PDF
Ä 50061513 / M2 12 Jan 2018	Ruling to eliminate deficiencies	27 Jan 2018	Deficiencies eliminated 1 Feb 2018	PDF
Ä 50061513 / 3 14 Dec 2017	Amendment entry		In force 14 Dec 2017	PDF
Ä 50061513 / 2 3 Oct 2017	Amendment entry		In force 3 Oct 2017	PDF
Ä 50061513 26 Jul 2017	First entry		In force 26 Jul 2017	PDF
Ä 50061513 / M1 20 Jul 2017	Ruling to eliminate deficiencies	19 Aug 2017	Deficiencies eliminated 26 Jul 2017	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

Fractory Solutions OÜ

Position in the industry Computing infrastructure, data processing, hosting and other information service activities · EMTAK 63

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 28