Thorgate Digital OÜ

Active Registry code 14376128 OÜ Tallinn Registered 22 Nov 2017
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Thorgate Digital OÜ is a OÜ based in Tallinn, registry code 14376128, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €223 313 with 10 employees.

Turnover
223 313 €
↓ 15.6% vs Q2 2026
State taxes
106 447 €
↓ 7.2% vs Q2 2026
Labour taxes
80 561 €
↓ 9.5% vs Q2 2026
Employees
10
−1 vs Q2 2026

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

Position in the industry Computer programming, consultancy and related activities · EMTAK 62

  • Turnover · Q3 2026 223 313 €
    industry median 19 078 € · companies in the industry: 7 345
  • Labour taxes per employee 8 056 €
    industry median 2 345 € · companies in the industry: 2 783
  • Revenue · 2025 1.2 mn €
    industry median 14 309 € · companies in the industry: 13 336
  • Net profit margin · 2025 7.0 %
    industry median 15.1 % · companies in the industry: 8 943

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 223 313 € · −15.6% vs Q2 2026 · industry median 19 078 € · above 90% of the industry
0100200300400500Q4 2023 Company: 367 769 € Industry median: 20 666 €Q4·23Q1 2024 Company: 347 122 € Industry median: 20 684 €Q2 2024 Company: 274 353 € Industry median: 20 460 €Q2·24Q3 2024 Company: 286 882 € Industry median: 19 818 €Q4 2024 Company: 303 885 € Industry median: 20 482 €Q4·24Q1 2025 Company: 296 618 € Industry median: 20 692 €Q2 2025 Company: 444 216 € Industry median: 21 060 €Q2·25Q3 2025 Company: 262 382 € Industry median: 20 327 €Q4 2025 Company: 259 959 € Industry median: 21 191 €Q4·25Q1 2026 Company: 262 630 € Industry median: 20 665 €Q2 2026 Company: 264 486 € Industry median: 20 000 €Q2·26Q3 2026 Company: 223 313 € Industry median: 19 078 €Q3·260100200300400500Q4 2024 Company: 303 885 € Industry median: 20 482 €Q1 2025 Company: 296 618 € Industry median: 20 692 €Q1·25Q2 2025 Company: 444 216 € Industry median: 21 060 €Q3 2025 Company: 262 382 € Industry median: 20 327 €Q3·25Q4 2025 Company: 259 959 € Industry median: 21 191 €Q1 2026 Company: 262 630 € Industry median: 20 665 €Q1·26Q2 2026 Company: 264 486 € Industry median: 20 000 €Q3 2026 Company: 223 313 € Industry median: 19 078 €Q3·26
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 8 056 € · −0.4% vs Q2 2026 · industry median 2 345 € · above 91% of the industry
02 0004 0006 0008 00010 000Q4 2023 Company: 8 757 € Industry median: 2 319 €Q4·23Q1 2024 Company: 5 274 € Industry median: 2 529 €Q2 2024 Company: 9 711 € Industry median: 2 514 €Q2·24Q3 2024 Company: 7 908 € Industry median: 2 481 €Q4 2024 Company: 9 208 € Industry median: 2 431 €Q4·24Q1 2025 Company: 6 860 € Industry median: 2 523 €Q2 2025 Company: 7 074 € Industry median: 2 506 €Q2·25Q3 2025 Company: 7 199 € Industry median: 2 577 €Q4 2025 Company: 7 678 € Industry median: 2 632 €Q4·25Q1 2026 Company: 7 733 € Industry median: 2 408 €Q2 2026 Company: 8 089 € Industry median: 2 335 €Q2·26Q3 2026 Company: 8 056 € Industry median: 2 345 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 9 208 € Industry median: 2 431 €Q1 2025 Company: 6 860 € Industry median: 2 523 €Q1·25Q2 2025 Company: 7 074 € Industry median: 2 506 €Q3 2025 Company: 7 199 € Industry median: 2 577 €Q3·25Q4 2025 Company: 7 678 € Industry median: 2 632 €Q1 2026 Company: 7 733 € Industry median: 2 408 €Q1·26Q2 2026 Company: 8 089 € Industry median: 2 335 €Q3 2026 Company: 8 056 € Industry median: 2 345 €Q3·26
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 10 · −9.1% vs Q2 2026
051015Q4 2023 Company: 14Q4·23Q1 2024 Company: 11Q2 2024 Company: 11Q2·24Q3 2024 Company: 11Q4 2024 Company: 11Q4·24Q1 2025 Company: 12Q2 2025 Company: 12Q2·25Q3 2025 Company: 12Q4 2025 Company: 12Q4·25Q1 2026 Company: 11Q2 2026 Company: 11Q2·26Q3 2026 Company: 10Q3·2603581013Q4 2024 Company: 11Q1 2025 Company: 12Q1·25Q2 2025 Company: 12Q3 2025 Company: 12Q3·25Q4 2025 Company: 12Q1 2026 Company: 11Q1·26Q2 2026 Company: 11Q3 2026 Company: 10Q3·26
State taxes, € thousand Q3 2026: 106 447 € · −7.2% vs Q2 2026
050100150Q4 2023 Company: 149 629 €Q4·23Q1 2024 Company: 57 924 €Q2 2024 Company: 121 705 €Q2·24Q3 2024 Company: 106 693 €Q4 2024 Company: 132 704 €Q4·24Q1 2025 Company: 96 629 €Q2 2025 Company: 83 797 €Q2·25Q3 2025 Company: 88 884 €Q4 2025 Company: 108 283 €Q4·25Q1 2026 Company: 102 318 €Q2 2026 Company: 114 763 €Q2·26Q3 2026 Company: 106 447 €Q3·26050100150Q4 2024 Company: 132 704 €Q1 2025 Company: 96 629 €Q1·25Q2 2025 Company: 83 797 €Q3 2025 Company: 88 884 €Q3·25Q4 2025 Company: 108 283 €Q1 2026 Company: 102 318 €Q1·26Q2 2026 Company: 114 763 €Q3 2026 Company: 106 447 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 223 313 106 447 80 561 10
Q2 2026 264 486 114 763 88 977 11
Q1 2026 262 630 102 318 85 060 11
Q4 2025 259 959 108 283 92 135 12
Q3 2025 262 382 88 884 86 386 12
Q2 2025 444 216 83 797 84 891 12
Q1 2025 296 618 96 629 82 315 12
Q4 2024 303 885 132 704 101 292 11
Q3 2024 286 882 106 693 86 984 11
Q2 2024 274 353 121 705 106 823 11
Q1 2024 347 122 57 924 58 009 11
Q4 2023 367 769 149 629 122 592 14
Q3 2023 312 687 95 302 72 453 17
Q2 2023 355 524 113 114 90 556 17
Q1 2023 205 787 110 432 95 792 16
Q4 2022 524 837 92 371 79 554 15
Q3 2022 305 036 77 224 77 591 16
Q2 2022 335 589 79 181 71 773 16
Q1 2022 293 574 95 009 88 425 15
Labour taxes per employee per month
2 685 €
Turnover per employee in the quarter
22 331 €

Q3 2026 · calculated from EMTA data

Financials by year

2018 – 2025
Revenue, € thousand 2025: 1 183 518 € · +3.6% vs 2024 · industry median 14 309 € · above 98% of the industry
05001 0001 5002 0002018 Company: — Industry median: —20182019 Company: 1 897 162 € Industry median: 11 130 €20192020 Company: 1 376 475 € Industry median: 11 075 €20202021 Company: 1 361 649 € Industry median: 13 105 €20212022 Company: 1 248 773 € Industry median: 15 007 €20222023 Company: 1 326 987 € Industry median: 15 500 €20232024 Company: 1 142 570 € Industry median: 13 785 €20242025 Company: 1 183 518 € Industry median: 14 309 €202505001 0001 5002 0002018 Company: — Industry median: —2019 Company: 1 897 162 € Industry median: 11 130 €20192020 Company: 1 376 475 € Industry median: 11 075 €2021 Company: 1 361 649 € Industry median: 13 105 €20212022 Company: 1 248 773 € Industry median: 15 007 €2023 Company: 1 326 987 € Industry median: 15 500 €20232024 Company: 1 142 570 € Industry median: 13 785 €2025 Company: 1 183 518 € Industry median: 14 309 €2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 82 345 € · +78.2% vs 2024 · industry median 106 € · above 92% of the industry
-150-100-500501002018 Company: — Industry median: —20182019 Company: -118 553 € Industry median: 618 €20192020 Company: -110 225 € Industry median: 617 €20202021 Company: -21 236 € Industry median: 829 €20212022 Company: -49 638 € Industry median: 300 €20222023 Company: -20 825 € Industry median: 383 €20232024 Company: 46 217 € Industry median: 249 €20242025 Company: 82 345 € Industry median: 106 €2025-150-100-500501002018 Company: — Industry median: —2019 Company: -118 553 € Industry median: 618 €20192020 Company: -110 225 € Industry median: 617 €2021 Company: -21 236 € Industry median: 829 €20212022 Company: -49 638 € Industry median: 300 €2023 Company: -20 825 € Industry median: 383 €20232024 Company: 46 217 € Industry median: 249 €2025 Company: 82 345 € Industry median: 106 €2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 7.0 % · +2.9 pp vs the year before · industry median 15.1 % · above 41% of the industry
-1001020302018 Company: — Industry median: —20182019 Company: -6.2 % Industry median: 21.0 %20192020 Company: -8.0 % Industry median: 22.4 %20202021 Company: -1.6 % Industry median: 23.6 %20212022 Company: -4.0 % Industry median: 19.1 %20222023 Company: -1.6 % Industry median: 17.8 %20232024 Company: 4.0 % Industry median: 16.3 %20242025 Company: 7.0 % Industry median: 15.1 %2025-1001020302018 Company: — Industry median: —2019 Company: -6.2 % Industry median: 21.0 %20192020 Company: -8.0 % Industry median: 22.4 %2021 Company: -1.6 % Industry median: 23.6 %20212022 Company: -4.0 % Industry median: 19.1 %2023 Company: -1.6 % Industry median: 17.8 %20232024 Company: 4.0 % Industry median: 16.3 %2025 Company: 7.0 % Industry median: 15.1 %2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 406 046 € · −2.8% vs 2024
01002003004005002018 Company: —20182019 Company: 291 415 €20192020 Company: 207 183 €20202021 Company: 376 319 €20212022 Company: 375 122 €20222023 Company: 440 195 €20232024 Company: 417 721 €20242025 Company: 406 046 €202501002003004005002018 Company: —2019 Company: 291 415 €20192020 Company: 207 183 €2021 Company: 376 319 €20212022 Company: 375 122 €2023 Company: 440 195 €20232024 Company: 417 721 €2025 Company: 406 046 €2025
Equity, € thousand 2025: 139 298 € · +144.6% vs 2024
0501001502018 Company: —20182019 Company: 9 243 €20192020 Company: 4 018 €20202021 Company: 81 197 €20212022 Company: 31 559 €20222023 Company: 10 734 €20232024 Company: 56 953 €20242025 Company: 139 298 €20250501001502018 Company: —2019 Company: 9 243 €20192020 Company: 4 018 €2021 Company: 81 197 €20212022 Company: 31 559 €2023 Company: 10 734 €20232024 Company: 56 953 €2025 Company: 139 298 €2025
Employees 2025: 11 · −15.4% vs 2024 · industry median 1 · above 95% of the industry
01020302018 Company: 23 Industry median: 120182019 Company: 27 Industry median: 120192020 Company: 20 Industry median: 120202021 Company: 18 Industry median: 120212022 Company: 16 Industry median: 120222023 Company: 16 Industry median: 120232024 Company: 13 Industry median: 120242025 Company: 11 Industry median: 1202501020302018 Company: 23 Industry median: 12019 Company: 27 Industry median: 120192020 Company: 20 Industry median: 12021 Company: 18 Industry median: 120212022 Company: 16 Industry median: 12023 Company: 16 Industry median: 120232024 Company: 13 Industry median: 12025 Company: 11 Industry median: 12025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related 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 1 183 518 82 345 758 977 406 046 139 298 11
2024 1 142 570 46 217 794 062 417 721 56 953 13
2023 1 326 987 -20 825 913 785 440 195 10 734 16
2022 1 248 773 -49 638 778 097 375 122 31 559 16
2021 1 361 649 -21 236 813 527 376 319 81 197 18
2020 1 376 475 -110 225 922 039 207 183 4 018 20
2019 1 897 162 -118 553 1 165 010 291 415 9 243 27
2018 — — — — — 23

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
7.0 %
Net profit / revenue
Return on equity (ROE)
59.1 %
Net profit / equity
Return on assets (ROA)
20.3 %
Net profit / assets
Equity ratio
34.3 %
Equity / assets
Debt ratio
65.7 %
Liabilities / assets
Current ratio
0.86
Current assets / current liabilities
Revenue per employee
107 593 €
Revenue / average full-time employees
Labour cost per employee per month
5 750 €
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 25 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 12 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 12 May 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 27 May 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 4 May 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 16 Jun 2020 Company’s own · audited e-Äriregister

Board

  • Ivar Merilo
    Board member · since 22 Nov 2017
  • Raido Pikkar
    Board member · since 22 Nov 2017
  • Toomas Uripea
    Board member · since 22 Nov 2017
  • Karl Õkva
    Board member · since 12 Jun 2024
  • Andrei Stepin
    Board member · since 2 Jun 2026
  • Nasdaq CSD SE
    Keeper of the share register · since 15 Aug 2018

Right of representation

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

Owners

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 62101Computer programming activities Main
Rulings
Number, date Title Deadline State Document
Ä 50070283 / 9
2 Jun 2026
Amendment entry In force
2 Jun 2026
PDF
Ä 50070283 / 8
12 Jun 2024
Amendment entry In force
12 Jun 2024
PDF
Ä 50070283 / 7
19 Mar 2020
Amendment entry In force
19 Mar 2020
PDF
Ä 50070283 / 6
26 Feb 2020
Amendment entry In force
26 Feb 2020
PDF
Ä 50070283 / M1
3 Feb 2020
Ruling to eliminate deficiencies 23 Feb 2020 Deficiencies eliminated
18 Feb 2020
PDF
Ä 50070283 / 5
30 Jul 2019
Amendment entry In force
30 Jul 2019
PDF
Ä 50070283 / 4
19 Jun 2019
Amendment entry In force
19 Jun 2019
PDF
Ä 50070283 / 3
15 Aug 2018
Amendment entry In force
15 Aug 2018
PDF
Ä 50070283 / 2
20 Jan 2018
Amendment entry In force
20 Jan 2018
PDF
Ä 50070283
22 Nov 2017
First entry In force
22 Nov 2017
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data