Novitec Solutions OÜ

Active Registry code 14376329 OÜ Kuressaare linn Registered 22 Nov 2017
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Novitec Solutions OÜ is a OÜ based in Kuressaare linn, registry code 14376329, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q2 2024 was €88 with employees.

Turnover
88 €
↓ 63.5% vs Q1 2024
State taxes
16 756 €
↑ 329.8% vs Q1 2024
Labour taxes
1 356 €
↓ 67.2% vs Q1 2024
Employees
—

Q2 2024 · data from the Tax and Customs Board (EMTA)

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

  • Turnover · Q2 2024 88 €
    industry median 20 460 € · companies in the industry: 6 217
  • Revenue · 2024 0 €
    industry median 13 785 € · companies in the industry: 13 197

Taxes and turnover

Q1 2022 – Q2 2024
Turnover, € Q2 2024: 88 € · −63.5% vs Q1 2024 · industry median 20 460 € · above 2% of the industry
010 00020 00030 00040 00050 000Q1 2022 Company: 46 842 € Industry median: 18 816 €Q1·22Q2 2022 Company: 8 880 € Industry median: 19 305 €Q2·22Q3 2022 Company: 36 451 € Industry median: 19 600 €Q3·22Q4 2022 Company: 17 945 € Industry median: 21 000 €Q4·22Q1 2023 Company: 46 615 € Industry median: 20 638 €Q1·23Q2 2023 Company: 446 € Industry median: 20 408 €Q2·23Q3 2023 Company: 38 767 € Industry median: 20 218 €Q3·23Q4 2023 Company: 33 469 € Industry median: 20 666 €Q4·23Q1 2024 Company: 241 € Industry median: 20 684 €Q1·24Q2 2024 Company: 88 € Industry median: 20 460 €Q2·24010 00020 00030 00040 00050 000Q3 2022 Company: 36 451 € Industry median: 19 600 €Q4 2022 Company: 17 945 € Industry median: 21 000 €Q4·22Q1 2023 Company: 46 615 € Industry median: 20 638 €Q2 2023 Company: 446 € Industry median: 20 408 €Q2·23Q3 2023 Company: 38 767 € Industry median: 20 218 €Q4 2023 Company: 33 469 € Industry median: 20 666 €Q4·23Q1 2024 Company: 241 € Industry median: 20 684 €Q2 2024 Company: 88 € Industry median: 20 460 €Q2·24
  • 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 2023: 4 831 € · −21.1% vs Q2 2023 · industry median 2 380 € · above 77% of the industry
02 0004 0006 0008 000Q1 2022 Company: 2 012 € Industry median: 2 099 €Q1·22Q2 2022 Company: 1 976 € Industry median: 2 109 €Q2·22Q3 2022 Company: 2 362 € Industry median: 2 234 €Q3·22Q4 2022 Company: 1 662 € Industry median: 2 204 €Q4·22Q1 2023 Company: 1 562 € Industry median: 2 361 €Q1·23Q2 2023 Company: 6 121 € Industry median: 2 334 €Q2·23Q3 2023 Company: 4 831 € Industry median: 2 380 €Q3·23Q4 2023 Company: — Industry median: 2 319 €Q4·23Q1 2024 Company: — Industry median: 2 529 €Q1·24Q2 2024 Company: — Industry median: 2 514 €Q2·2402 0004 0006 0008 000Q3 2022 Company: 2 362 € Industry median: 2 234 €Q4 2022 Company: 1 662 € Industry median: 2 204 €Q4·22Q1 2023 Company: 1 562 € Industry median: 2 361 €Q2 2023 Company: 6 121 € Industry median: 2 334 €Q2·23Q3 2023 Company: 4 831 € Industry median: 2 380 €Q4 2023 Company: — Industry median: 2 319 €Q4·23Q1 2024 Company: — Industry median: 2 529 €Q2 2024 Company: — Industry median: 2 514 €Q2·24
  • 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 2023: 1 · +0.0% vs Q2 2023
0123Q1 2022 Company: 3Q1·22Q2 2022 Company: 3Q2·22Q3 2022 Company: 3Q3·22Q4 2022 Company: 3Q4·22Q1 2023 Company: 3Q1·23Q2 2023 Company: 1Q2·23Q3 2023 Company: 1Q3·23Q4 2023 Company: —Q4·23Q1 2024 Company: —Q1·24Q2 2024 Company: —Q2·240123Q3 2022 Company: 3Q4 2022 Company: 3Q4·22Q1 2023 Company: 3Q2 2023 Company: 1Q2·23Q3 2023 Company: 1Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: —Q2·24
State taxes, € Q2 2024: 16 756 € · +329.8% vs Q1 2024
05 00010 00015 00020 000Q1 2022 Company: 5 567 €Q1·22Q2 2022 Company: 6 729 €Q2·22Q3 2022 Company: 6 558 €Q3·22Q4 2022 Company: 7 099 €Q4·22Q1 2023 Company: 4 417 €Q1·23Q2 2023 Company: 17 898 €Q2·23Q3 2023 Company: 0 €Q3·23Q4 2023 Company: 10 268 €Q4·23Q1 2024 Company: 3 899 €Q1·24Q2 2024 Company: 16 756 €Q2·2405 00010 00015 00020 000Q3 2022 Company: 6 558 €Q4 2022 Company: 7 099 €Q4·22Q1 2023 Company: 4 417 €Q2 2023 Company: 17 898 €Q2·23Q3 2023 Company: 0 €Q4 2023 Company: 10 268 €Q4·23Q1 2024 Company: 3 899 €Q2 2024 Company: 16 756 €Q2·24
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q2 2024 88 16 756 1 356 —
Q1 2024 241 3 899 4 131 —
Q4 2023 33 469 10 268 5 508 —
Q3 2023 38 767 — 4 831 1
Q2 2023 446 17 898 6 121 1
Q1 2023 46 615 4 417 4 685 3
Q4 2022 17 945 7 099 4 986 3
Q3 2022 36 451 6 558 7 085 3
Q2 2022 8 880 6 729 5 929 3
Q1 2022 46 842 5 567 6 035 3

Financials by year

2018 – 2024
Revenue, € thousand 2024: 0 € · −100.0% vs 2023 · industry median 13 785 € · above 5% of the industry
0501001502002502018 Company: — Industry median: —20182019 Company: 131 501 € Industry median: 11 130 €20192020 Company: 215 769 € Industry median: 11 075 €20202021 Company: 159 658 € Industry median: 13 105 €20212022 Company: 95 341 € Industry median: 15 007 €20222023 Company: 107 992 € Industry median: 15 500 €20232024 Company: 0 € Industry median: 13 785 €20240501001502002502018 Company: — Industry median: —20182019 Company: 131 501 € Industry median: 11 130 €2020 Company: 215 769 € Industry median: 11 075 €20202021 Company: 159 658 € Industry median: 13 105 €2022 Company: 95 341 € Industry median: 15 007 €20222023 Company: 107 992 € Industry median: 15 500 €2024 Company: 0 € Industry median: 13 785 €2024
  • 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, € 2024: -17 637 € · −136.4% vs 2023 · industry median 249 € · above 8% of the industry
-20 000020 00040 00060 00080 0002018 Company: — Industry median: —20182019 Company: 1 553 € Industry median: 618 €20192020 Company: 26 475 € Industry median: 617 €20202021 Company: 60 045 € Industry median: 829 €20212022 Company: 10 587 € Industry median: 300 €20222023 Company: 48 511 € Industry median: 383 €20232024 Company: -17 637 € Industry median: 249 €2024-20 000020 00040 00060 00080 0002018 Company: — Industry median: —20182019 Company: 1 553 € Industry median: 618 €2020 Company: 26 475 € Industry median: 617 €20202021 Company: 60 045 € Industry median: 829 €2022 Company: 10 587 € Industry median: 300 €20222023 Company: 48 511 € Industry median: 383 €2024 Company: -17 637 € Industry median: 249 €2024
  • 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, % 2023: 44.9 % · +33.8 pp vs the year before · industry median 17.8 % · above 69% of the industry
010203040502018 Company: — Industry median: —20182019 Company: 1.2 % Industry median: 21.0 %20192020 Company: 12.3 % Industry median: 22.4 %20202021 Company: 37.6 % Industry median: 23.6 %20212022 Company: 11.1 % Industry median: 19.1 %20222023 Company: 44.9 % Industry median: 17.8 %20232024 Company: — Industry median: 16.3 %2024010203040502018 Company: — Industry median: —20182019 Company: 1.2 % Industry median: 21.0 %2020 Company: 12.3 % Industry median: 22.4 %20202021 Company: 37.6 % Industry median: 23.6 %2022 Company: 11.1 % Industry median: 19.1 %20222023 Company: 44.9 % Industry median: 17.8 %2024 Company: — Industry median: 16.3 %2024
  • 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 2024: 7 656 € · −92.1% vs 2023
02550751001252018 Company: —20182019 Company: 44 248 €20192020 Company: 96 927 €20202021 Company: 112 383 €20212022 Company: 103 852 €20222023 Company: 96 424 €20232024 Company: 7 656 €202402550751001252018 Company: —20182019 Company: 44 248 €2020 Company: 96 927 €20202021 Company: 112 383 €2022 Company: 103 852 €20222023 Company: 96 424 €2024 Company: 7 656 €2024
Equity, € 2024: 7 656 € · −91.7% vs 2023
020 00040 00060 00080 000100 0002018 Company: —20182019 Company: 4 516 €20192020 Company: 30 991 €20202021 Company: 79 836 €20212022 Company: 74 423 €20222023 Company: 92 293 €20232024 Company: 7 656 €2024020 00040 00060 00080 000100 0002018 Company: —20182019 Company: 4 516 €2020 Company: 30 991 €20202021 Company: 79 836 €2022 Company: 74 423 €20222023 Company: 92 293 €2024 Company: 7 656 €2024
Employees 2024: 0 · −100.0% vs 2023 · industry median 1 · above 2% of the industry
012342018 Company: 4 Industry median: 120182019 Company: 3 Industry median: 120192020 Company: 2 Industry median: 120202021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 120232024 Company: 0 Industry median: 12024012342018 Company: 4 Industry median: 120182019 Company: 3 Industry median: 12020 Company: 2 Industry median: 120202021 Company: 1 Industry median: 12022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 12024 Company: 0 Industry median: 12024
  • 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
2024 0 -17 637 0 7 656 7 656 0
2023 107 992 48 511 48 415 96 424 92 293 1
2022 95 341 10 587 56 469 103 852 74 423 1
2021 159 658 60 045 50 337 112 383 79 836 1
2020 215 769 26 475 72 346 96 927 30 991 2
2019 131 501 1 553 116 742 44 248 4 516 3
2018 — — — — — 4

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

Return on equity (ROE)
-230.4 %
Net profit / equity
Return on assets (ROA)
-230.4 %
Net profit / assets
Equity ratio
100.0 %
Equity / assets
Debt ratio
0.0 %
Liabilities / assets

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 7 Apr 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 27 Mar 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 24 Apr 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 7 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 14 May 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 2 Jun 2020 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

  • Kaur Martin
    Direct ownership · ESP · since 31 Jan 2024

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 62011Computer programming activities Main
Rulings
Number, date Title Deadline State Document
Ä 50070293 / 10
2 Feb 2024
Amendment entry In force
2 Feb 2024
PDF
Ä 50070293 / 9
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50070293 / 8
14 Oct 2020
Amendment entry In force
14 Oct 2020
PDF
Ä 50070293 / 7
23 Dec 2019
Amendment entry In force
23 Dec 2019
PDF
Ä 50070293 / 6
9 Sep 2019
Amendment entry In force
9 Sep 2019
PDF
Ä 50070293 / 5
25 Feb 2019
Amendment entry In force
25 Feb 2019
PDF
Ä 50070293 / 4
22 Aug 2018
Amendment under Commercial Code § 525 (2) In force
22 Aug 2018
PDF
Ä 50070293 / 3
13 Aug 2018
Amendment entry In force
13 Aug 2018
PDF
Ä 50070293 / 2
20 Jan 2018
Amendment entry In force
20 Jan 2018
PDF
Ä 50070293 / M1
22 Nov 2017
Ruling to eliminate deficiencies 22 Dec 2017 Deficiencies eliminated
22 Nov 2017
PDF
Ä 50070293
22 Nov 2017
First entry In force
22 Nov 2017
PDF

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