Initialize OÜ is a OÜ based in Tallinn, registry code 14456933, status: active. Main activity: Organising and forwarding freight consignments. According to EMTA, turnover for Q3 2026 was €99 674 with employees.
Turnover
99 674 €
↑ 80.7%vs Q2 2026
State taxes
3 340 €
↑ 94.0%vs Q2 2026
Labour taxes
1 554 €
↑ 0.0%vs Q2 2026
Employees
—
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Warehousing, storage and support activities for transportation · EMTAK 52
Turnover · Q3 202699 674 €
above 64% of companies
industry median 38 439 € · companies in the industry: 1 299
Revenue · 2025159 646 €
above 70% of companies
industry median 36 298 € · companies in the industry: 2 028
Net profit margin · 20252.6 %
above 48% of companies
industry median 2.9 % · companies in the industry: 1 540
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 99 674 € · +80.7% vs Q2 2026 · industry median 38 439 € · above 64% of the industry
Company
Industry median
Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
State taxes, € Q3 2026: 3 340 € · +94.0% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
99 674
3 340
1 554
—
Q2 2026
55 171
1 722
1 554
—
Q1 2026
22 725
1 499
1 554
—
Q4 2025
67 293
1 540
1 554
—
Q3 2025
23 644
1 499
1 554
—
Q2 2025
27 260
1 540
1 554
—
Q1 2025
51 525
1 456
1 510
—
Q4 2024
35 610
1 531
1 538
—
Q3 2024
21 393
1 652
1 614
—
Q2 2024
17 070
1 774
1 690
—
Q1 2024
23 714
1 774
1 690
—
Q4 2023
45 861
2 199
1 690
—
Q3 2023
17 357
1 774
1 690
—
Q2 2023
13 410
1 774
1 690
—
Q1 2023
16 043
—
1 690
—
Q4 2022
48 933
1 774
1 690
—
Q3 2022
11 785
1 774
1 690
—
Q2 2022
32 810
1 916
1 690
—
Q1 2022
16 125
2 071
1 690
—
Financials by year
2018 – 2025
Revenue, € thousand 2025: 159 646 € · +38.2% vs 2024 · industry median 36 298 € · above 70% of the industry
Company
Industry median
Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 4 078 € · +536.2% vs 2024 · industry median 122 € · above 65% of the industry
Company
Industry median
Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 2.6 % · +2.0 pp vs the year before · industry median 2.9 % · above 48% of the industry
Company
Industry median
Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 44 671 € · −20.0% vs 2024Equity, € 2025: 37 322 € · +12.3% vs 2024Employees2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry
Company
Industry median
Industry: Warehousing, storage and support activities for transportation (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
159 646
4 078
14 615
44 671
37 322
1
2024
115 548
641
14 250
55 855
33 244
1
2023
98 736
-7 008
14 250
37 516
32 603
1
2022
110 229
-3 854
14 250
43 928
39 611
1
2021
82 315
-4 022
14 250
47 300
43 465
1
2020
67 255
-2 760
14 250
52 764
47 487
1
2019
95 633
16 728
11 818
54 218
50 247
1
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
2.6 %
Net profit / revenue
Return on equity (ROE)
10.9 %
Net profit / equity
Return on assets (ROA)
9.1 %
Net profit / assets
Equity ratio
83.5 %
Equity / assets
Debt ratio
16.5 %
Liabilities / assets
Current ratio
5.29
Current assets / current liabilities
Revenue per employee
159 646 €
Revenue / average full-time employees
Labour cost per employee per month
1 218 €
Labour costs / employees / 12 months (incl. employer taxes)
