Studioworks OÜ

Active Registry code 14524570 OÜ Tallinn Registered 12 Jul 2018
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Studioworks OÜ is a OÜ based in Tallinn, registry code 14524570, status: active. Main activity: Other information technology and computer service activities. According to EMTA, turnover for Q3 2026 was €4 199 586 with 136 employees.

Turnover
4 199 586 €
↑ 308.4% vs Q2 2026
State taxes
571 202 €
↑ 188.2% vs Q2 2026
Labour taxes
606 901 €
↑ 175.8% vs Q2 2026
Employees
136
−18 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 4.2 mn €
    industry median 19 089 € · companies in the industry: 7 346
  • Labour taxes per employee 4 463 €
    industry median 2 345 € · companies in the industry: 2 783
  • Revenue · 2024 6.1 mn €
    industry median 13 784 € · companies in the industry: 13 200
  • Net profit margin · 2024 -3.0 %
    industry median 16.3 % · companies in the industry: 9 006

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 4 199 586 € · +308.4% vs Q2 2026 · industry median 19 089 € · above 98% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 2 179 520 € Industry median: 20 651 €Q4·23Q1 2024 Company: 2 156 416 € Industry median: 20 684 €Q2 2024 Company: 1 896 186 € Industry median: 20 460 €Q2·24Q3 2024 Company: 1 713 810 € Industry median: 19 818 €Q4 2024 Company: 1 180 564 € Industry median: 20 478 €Q4·24Q1 2025 Company: 130 012 € Industry median: 20 692 €Q2 2025 Company: 142 663 € Industry median: 21 050 €Q2·25Q3 2025 Company: 823 462 € Industry median: 20 327 €Q4 2025 Company: 1 331 271 € Industry median: 21 191 €Q4·25Q1 2026 Company: 1 603 445 € Industry median: 20 657 €Q2 2026 Company: 1 028 311 € Industry median: 20 000 €Q2·26Q3 2026 Company: 4 199 586 € Industry median: 19 089 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 1 180 564 € Industry median: 20 478 €Q1 2025 Company: 130 012 € Industry median: 20 692 €Q1·25Q2 2025 Company: 142 663 € Industry median: 21 050 €Q3 2025 Company: 823 462 € Industry median: 20 327 €Q3·25Q4 2025 Company: 1 331 271 € Industry median: 21 191 €Q1 2026 Company: 1 603 445 € Industry median: 20 657 €Q1·26Q2 2026 Company: 1 028 311 € Industry median: 20 000 €Q3 2026 Company: 4 199 586 € Industry median: 19 089 €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: 4 463 € · +212.3% vs Q2 2026 · industry median 2 345 € · above 72% of the industry
02 0004 0006 0008 00010 000Q4 2023 Company: 2 694 € Industry median: 2 319 €Q4·23Q1 2024 Company: 2 718 € Industry median: 2 529 €Q2 2024 Company: 2 896 € Industry median: 2 514 €Q2·24Q3 2024 Company: 2 880 € Industry median: 2 481 €Q4 2024 Company: 8 863 € Industry median: 2 431 €Q4·24Q1 2025 Company: 1 197 € Industry median: 2 523 €Q2 2025 Company: 2 153 € Industry median: 2 506 €Q2·25Q3 2025 Company: 764 € Industry median: 2 577 €Q4 2025 Company: 809 € Industry median: 2 632 €Q4·25Q1 2026 Company: 451 € Industry median: 2 408 €Q2 2026 Company: 1 429 € Industry median: 2 335 €Q2·26Q3 2026 Company: 4 463 € Industry median: 2 345 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 8 863 € Industry median: 2 431 €Q1 2025 Company: 1 197 € Industry median: 2 523 €Q1·25Q2 2025 Company: 2 153 € Industry median: 2 506 €Q3 2025 Company: 764 € Industry median: 2 577 €Q3·25Q4 2025 Company: 809 € Industry median: 2 632 €Q1 2026 Company: 451 € Industry median: 2 408 €Q1·26Q2 2026 Company: 1 429 € Industry median: 2 335 €Q3 2026 Company: 4 463 € 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: 136 · −11.7% vs Q2 2026
050100150200250Q4 2023 Company: 222Q4·23Q1 2024 Company: 218Q2 2024 Company: 182Q2·24Q3 2024 Company: 159Q4 2024 Company: 63Q4·24Q1 2025 Company: 107Q2 2025 Company: 125Q2·25Q3 2025 Company: 159Q4 2025 Company: 158Q4·25Q1 2026 Company: 157Q2 2026 Company: 154Q2·26Q3 2026 Company: 136Q3·26050100150200Q4 2024 Company: 63Q1 2025 Company: 107Q1·25Q2 2025 Company: 125Q3 2025 Company: 159Q3·25Q4 2025 Company: 158Q1 2026 Company: 157Q1·26Q2 2026 Company: 154Q3 2026 Company: 136Q3·26
State taxes, € thousand Q3 2026: 571 202 € · +188.2% vs Q2 2026
0200400600Q4 2023 Company: 513 728 €Q4·23Q1 2024 Company: 494 612 €Q2 2024 Company: 453 005 €Q2·24Q3 2024 Company: 444 952 €Q4 2024 Company: 523 250 €Q4·24Q1 2025 Company: 47 432 €Q2 2025 Company: 186 254 €Q2·25Q3 2025 Company: 109 568 €Q4 2025 Company: 107 868 €Q4·25Q1 2026 Company: 53 482 €Q2 2026 Company: 198 186 €Q2·26Q3 2026 Company: 571 202 €Q3·260200400600Q4 2024 Company: 523 250 €Q1 2025 Company: 47 432 €Q1·25Q2 2025 Company: 186 254 €Q3 2025 Company: 109 568 €Q3·25Q4 2025 Company: 107 868 €Q1 2026 Company: 53 482 €Q1·26Q2 2026 Company: 198 186 €Q3 2026 Company: 571 202 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 4 199 586 571 202 606 901 136
Q2 2026 1 028 311 198 186 220 035 154
Q1 2026 1 603 445 53 482 70 747 157
Q4 2025 1 331 271 107 868 127 852 158
Q3 2025 823 462 109 568 121 423 159
Q2 2025 142 663 186 254 269 122 125
Q1 2025 130 012 47 432 128 062 107
Q4 2024 1 180 564 523 250 558 376 63
Q3 2024 1 713 810 444 952 457 979 159
Q2 2024 1 896 186 453 005 527 044 182
Q1 2024 2 156 416 494 612 592 569 218
Q4 2023 2 179 520 513 728 598 072 222
Q3 2023 2 409 463 592 232 687 405 246
Q2 2023 2 376 633 566 845 626 066 295
Q1 2023 2 287 808 459 194 562 618 289
Q4 2022 1 997 936 432 649 527 243 242
Q3 2022 2 055 283 531 269 581 114 228
Q2 2022 2 076 973 441 012 535 720 248
Q1 2022 2 029 437 454 996 545 032 259
Labour taxes per employee per month
1 488 €
Turnover per employee in the quarter
30 879 €

Q3 2026 · calculated from EMTA data

Financials by year

2018 – 2024
Revenue, € thousand 2024: 6 061 205 € · −31.3% vs 2023 · industry median 13 784 € · above 98% of the industry
02 0004 0006 0008 00010 0002018 Company: — Industry median: —20182019 Company: 3 668 063 € Industry median: 11 130 €20192020 Company: 6 056 192 € Industry median: 11 075 €20202021 Company: 7 908 856 € Industry median: 13 109 €20212022 Company: 7 935 473 € Industry median: 15 007 €20222023 Company: 8 826 959 € Industry median: 15 500 €20232024 Company: 6 061 205 € Industry median: 13 784 €202402 0004 0006 0008 00010 0002018 Company: — Industry median: —20182019 Company: 3 668 063 € Industry median: 11 130 €2020 Company: 6 056 192 € Industry median: 11 075 €20202021 Company: 7 908 856 € Industry median: 13 109 €2022 Company: 7 935 473 € Industry median: 15 007 €20222023 Company: 8 826 959 € Industry median: 15 500 €2024 Company: 6 061 205 € Industry median: 13 784 €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, € thousand 2024: -183 707 € · −141.7% vs 2023 · industry median 249 € · above 2% of the industry
-25002505007501 0002018 Company: — Industry median: —20182019 Company: 833 616 € Industry median: 618 €20192020 Company: 1 443 € Industry median: 618 €20202021 Company: 360 343 € Industry median: 833 €20212022 Company: 246 827 € Industry median: 300 €20222023 Company: 440 697 € Industry median: 383 €20232024 Company: -183 707 € Industry median: 249 €2024-25002505007501 0002018 Company: — Industry median: —20182019 Company: 833 616 € Industry median: 618 €2020 Company: 1 443 € Industry median: 618 €20202021 Company: 360 343 € Industry median: 833 €2022 Company: 246 827 € Industry median: 300 €20222023 Company: 440 697 € Industry median: 383 €2024 Company: -183 707 € 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, % 2024: -3.0 % · −8.0 pp vs the year before · industry median 16.3 % · above 23% of the industry
-1001020302018 Company: — Industry median: —20182019 Company: 22.7 % Industry median: 21.0 %20192020 Company: 0.0 % Industry median: 22.4 %20202021 Company: 4.6 % Industry median: 23.7 %20212022 Company: 3.1 % Industry median: 19.1 %20222023 Company: 5.0 % Industry median: 17.8 %20232024 Company: -3.0 % Industry median: 16.3 %2024-1001020302018 Company: — Industry median: —20182019 Company: 22.7 % Industry median: 21.0 %2020 Company: 0.0 % Industry median: 22.4 %20202021 Company: 4.6 % Industry median: 23.7 %2022 Company: 3.1 % Industry median: 19.1 %20222023 Company: 5.0 % Industry median: 17.8 %2024 Company: -3.0 % 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: 507 610 € · −76.5% vs 2023
05001 0001 5002 0002 5002018 Company: —20182019 Company: 1 764 743 €20192020 Company: 1 912 511 €20202021 Company: 2 031 144 €20212022 Company: 1 991 028 €20222023 Company: 2 158 238 €20232024 Company: 507 610 €202405001 0001 5002 0002 5002018 Company: —20182019 Company: 1 764 743 €2020 Company: 1 912 511 €20202021 Company: 2 031 144 €2022 Company: 1 991 028 €20222023 Company: 2 158 238 €2024 Company: 507 610 €2024
Equity, € thousand 2024: -151 326 € · −121.6% vs 2023
-20002004006008001 0002018 Company: —20182019 Company: 842 321 €20192020 Company: 487 235 €20202021 Company: 640 306 €20212022 Company: 577 148 €20222023 Company: 700 907 €20232024 Company: -151 326 €2024-20002004006008001 0002018 Company: —20182019 Company: 842 321 €2020 Company: 487 235 €20202021 Company: 640 306 €2022 Company: 577 148 €20222023 Company: 700 907 €2024 Company: -151 326 €2024
Employees 2024: 138 · −34.9% vs 2023 · industry median 1 · above 98% of the industry
0501001502002502018 Company: 2 Industry median: 120182019 Company: 103 Industry median: 120192020 Company: 194 Industry median: 120202021 Company: 209 Industry median: 120212022 Company: 195 Industry median: 120222023 Company: 212 Industry median: 120232024 Company: 138 Industry median: 120240501001502002502018 Company: 2 Industry median: 120182019 Company: 103 Industry median: 12020 Company: 194 Industry median: 120202021 Company: 209 Industry median: 12022 Company: 195 Industry median: 120222023 Company: 212 Industry median: 12024 Company: 138 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 6 061 205 -183 707 4 597 966 507 610 -151 326 138
2023 8 826 959 440 697 6 377 945 2 158 238 700 907 212
2022 7 935 473 246 827 5 571 792 1 991 028 577 148 195
2021 7 908 856 360 343 5 533 516 2 031 144 640 306 209
2020 6 056 192 1 443 3 910 696 1 912 511 487 235 194
2019 3 668 063 833 616 1 280 653 1 764 743 842 321 103
2018 — — — — — 2

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

Net profit margin
-3.0 %
Net profit / revenue
Return on assets (ROA)
-36.2 %
Net profit / assets
Equity ratio
-29.8 %
Equity / assets
Debt ratio
129.8 %
Liabilities / assets
Current ratio
0.27
Current assets / current liabilities
Revenue per employee
43 922 €
Revenue / average full-time employees
Labour cost per employee per month
2 777 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 3 Jul 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 17 May 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 13 Apr 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 25 May 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 23 Apr 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 20 Mar 2020 Company’s own · audited e-Äriregister

Board

  • Oliver Ennok
    Interim bankruptcy trustee · since 27 Oct 2026
  • Craig Andrew Hilton
    Board member · since 11 Nov 2024
  • Nasdaq CSD SE
    Keeper of the share register · since 27 Jun 2025

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)

  • 62901Other information technology and computer service activities Main
Rulings
Number, date Title Deadline State Document
Ä 50098067 / 16
27 Oct 2026
Entry to enforce another court decision In force
27 Oct 2026
PDF
Ä 50098067 / 15
10 Jul 2025
Amendment entry In force
10 Jul 2025
PDF
Ä 50098067 / 14
27 Jun 2025
Amendment entry In force
27 Jun 2025
PDF
Ä 50098067 / 13
25 Jun 2025
Amendment entry In force
25 Jun 2025
PDF
Ä 50098067 / 12
19 May 2025
Amendment entry In force
19 May 2025
PDF
Ä 50098067 / 11
19 Nov 2024
Amendment entry In force
19 Nov 2024
PDF
Ä 50098067 / 10
11 Nov 2024
Amendment entry In force
11 Nov 2024
PDF
Ä 50098067 / 9
6 Nov 2024
Amendment entry In force
6 Nov 2024
PDF
Ä 50098067 / M2
5 Nov 2024
Ruling to eliminate deficiencies 5 Dec 2024 Deficiencies eliminated
5 Nov 2024
PDF
Ä 50098067 / 8
5 Nov 2024
Amendment entry In force
5 Nov 2024
PDF
Ä 50098067 / 7
5 Aug 2024
Amendment entry In force
5 Aug 2024
PDF
Ä 50098067 / 6
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50098067 / M1
3 Mar 2023
Refund of the state fee In force
3 Mar 2023
PDF
Ä 50098067 / 5
13 Feb 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
13 Feb 2023
PDF
Ä 50098067 / 4
8 Sep 2020
Amendment under Commercial Code § 525 (2) In force
8 Sep 2020
PDF
Ä 50098067 / 3
13 Sep 2018
Amendment entry In force
13 Sep 2018
PDF
Ä 50098067 / 2
11 Sep 2018
Amendment entry In force
11 Sep 2018
PDF
Ä 50098067
12 Jul 2018
First entry In force
12 Jul 2018
PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data