Modash OÜ

Active Registry code 14434162 OÜ Tallinn Registered 21 Feb 2018

Modash OÜ is a OÜ based in Tallinn, registry code 14434162, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €13 112 605 with 32 employees.

Turnover

13 112 605 €

↑ 9.1% vs Q2 2026

State taxes

338 832 €

↓ 3.0% vs Q2 2026

Labour taxes

365 391 €

↓ 4.3% vs Q2 2026

Employees

+3 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 13.1 mn €

above 98% of companies

industry median 19 089 € · companies in the industry: 7 346
Labour taxes per employee 11 418 €

above 98% of companies

industry median 2 345 € · companies in the industry: 2 783
Revenue · 2025 7 mn €

above 98% of companies

industry median 14 304 € · companies in the industry: 13 343
Net profit margin · 2025 -39.0 %

above 10% of companies

industry median 15.1 % · companies in the industry: 8 946

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 13 112 605 € · +9.1% vs Q2 2026 · industry median 19 089 € · above 98% of the industry

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: 11 418 € · −13.2% vs Q2 2026 · industry median 2 345 € · above 98% of the industry

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: 32 · +10.3% vs Q2 2026

State taxes, € thousand Q3 2026: 338 832 € · −3.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	13 112 605	338 832	365 391	32
Q2 2026	12 019 415	349 348	381 661	29
Q1 2026	11 150 437	327 650	356 614	29
Q4 2025	10 449 313	294 196	318 736	30
Q3 2025	11 168 036	278 298	302 697	27
Q2 2025	7 480 468	230 212	250 302	25
Q1 2025	6 739 255	216 929	234 315	25
Q4 2024	4 887 032	171 969	185 136	24
Q3 2024	4 288 809	122 243	129 703	20
Q2 2024	3 108 249	112 943	121 578	15
Q1 2024	1 956 742	110 652	117 727	13
Q4 2023	2 304 887	99 415	86 085	12
Q3 2023	2 021 420	68 481	74 723	11
Q2 2023	1 515 642	61 602	65 188	10
Q1 2023	1 108 938	53 482	54 904	9
Q4 2022	1 215 927	41 145	45 383	9
Q3 2022	604 415	50 060	39 796	8
Q2 2022	514 217	34 279	31 798	7
Q1 2022	322 466	25 665	26 038	8

Labour taxes per employee per month

3 806 €

Turnover per employee in the quarter

409 769 €

Q3 2026 · calculated from EMTA data

Financials by year

2018 – 2025

Revenue, € thousand 2025: 6 975 318 € · +53.6% vs 2024 · industry median 14 304 € · above 98% of the industry

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: -2 721 877 € · −2 158.6% vs 2024 · industry median 105 € · above 2% of the industry

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: -39.0 % · −36.4 pp vs the year before · industry median 15.1 % · above 10% of the industry

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: 15 743 967 € · +83.9% vs 2024

Equity, € thousand 2025: 10 256 673 € · +45.4% vs 2024

Employees 2025: 26 · +52.9% vs 2024 · industry median 1 · above 98% of the industry

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	6 975 318	-2 721 877	3 055 644	15 743 967	10 256 673	26
2024	4 540 300	-120 510	1 731 899	8 562 044	7 051 740	17
2023	3 352 893	-1 440 919	1 285 259	2 386 274	1 366 246	11
2022	1 651 032	155 046	384 042	2 453 711	2 314 742	8
2021	720 548	396 041	210 833	479 948	219 758	7
2020	192 244	-41 665	164 469	56 277	-176 283	7
2019	36 760	-136 688	128 871	89 822	-134 618	7
2018	—	—	—	—	—	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 2025

Net profit margin

-39.0 %

Net profit / revenue

Return on equity (ROE)

-26.5 %

Net profit / equity

Return on assets (ROA)

-17.3 %

Net profit / assets

Equity ratio

65.1 %

Equity / assets

Debt ratio

34.9 %

Liabilities / assets

Current ratio

1.97

Current assets / current liabilities

Revenue per employee

268 281 €

Revenue / average full-time employees

Labour cost per employee per month

9 794 €

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	8 May 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	27 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	15 Mar 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	11 Aug 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	1 Jul 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	5 Apr 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	5 Apr 2021	Company’s own	e-Äriregister

Board

Avery Dylan Schrader
Board member · since 21 Feb 2018
Hendry Sadrak
Board member · since 22 May 2019

Right of representation

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

Owners

MoSyrup OÜ
Legal person · 16507401 · 1 263 €

30.24%
Heheheh OÜ
Legal person · 16496285 · 1 237 €

29.62%
henQ4 Fund Cooperatief U.A.
Legal person · 499 €

11.94%
Usaldusfond Change Ventures Fund II
Legal person · 14802453 · 462 €

11.06%
Icebreaker Fund I Ky
Legal person · 275 €

6.60%
Icebreaker Opportunity Fund I Ky
Legal person · 187 €

4.48%
Usaldusfond CVF Co-Invest Five
Legal person · 16574714 · 55 €

1.31%
Calchas Holding GmbH
Legal person · 35 €

0.84%
Halonaut GmbH
Legal person · 32 €

0.78%
Yoisho OÜ
Legal person · 14023068 · 32 €

0.78%
Aidis Dalikas
Natural person · 22 €

0.52%
OÜ LIFT99 ROCKETS
Legal person · 14508570 · 22 €

0.52%
Bevoke Estonia OÜ
Legal person · 12844016 · 11 €

0.26%
Rei Consult OÜ
Legal person · 12969752 · 11 €

0.26%
Mila Invest OÜ
Legal person · 11891261 · 10 €

0.25%
Hommy Eesti OÜ
Legal person · 14956529 · 8 €

0.18%
Tomas Slimas
Natural person · 8 €

0.18%
Modsyn OÜ
Legal person · 17003215 · 8 €

0.18%

Beneficial owners

Avery Dylan Schrader
Direct ownership · since 21 Aug 2019
Hendry Sadrak
Direct ownership · since 21 Aug 2019

Founders and other persons

Avery Dylan Schrader
Founder · 2 500 € · 21 Feb 2018

shared board members, owners or beneficial owners

Activities (EMTAK)

62101Computer programming activities Main

Rulings 12

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50088296 / 11 25 Jun 2025	Amendment under Code of Civil Procedure § 595¹ (1)		In force 25 Jun 2025	PDF
Ä 50088296 / 10 28 Feb 2025	Amendment entry		In force 28 Feb 2025	PDF
Ä 50088296 / 9 23 Jul 2024	Amendment entry		In force 23 Jul 2024	PDF
Ä 50088296 / 8 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 50088296 / 7 21 Sep 2022	Amendment entry		In force 21 Sep 2022	PDF
Ä 50088296 / 6 3 May 2022	Amendment entry		In force 3 May 2022	PDF
Ä 50088296 / 5 28 Aug 2019	Amendment entry		In force 28 Aug 2019	PDF
Ä 50088296 / 4 31 Jul 2019	Amendment entry		In force 31 Jul 2019	PDF
Ä 50088296 / 3 22 May 2019	Amendment entry		In force 22 May 2019	PDF
Ä 50088296 / 2 17 Oct 2018	Amendment entry		In force 17 Oct 2018	PDF
Ä 50088296 / M1 20 Sep 2018	Ruling to eliminate deficiencies	10 Oct 2018	Deficiencies eliminated 17 Oct 2018	PDF
Ä 50088296 21 Feb 2018	First entry		In force 21 Feb 2018	PDF

Sources: e-Äriregister and EMTA. Data updated 28 Oct 2026. Open at the source ↗ · Report an error in the data

Modash OÜ

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

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 12