Rethinkers OÜ

Active Registry code 14665045 OÜ Tallinn Registered 19 Feb 2019

Rethinkers OÜ is a OÜ based in Tallinn, registry code 14665045, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €175 315 with 11 employees.

Turnover

175 315 €

↓ 3.9% vs Q2 2026

State taxes

90 795 €

↓ 7.0% vs Q2 2026

Labour taxes

63 225 €

↓ 5.8% vs Q2 2026

Employees

−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 175 315 €

above 87% of companies

industry median 19 078 € · companies in the industry: 7 345
Labour taxes per employee 5 748 €

above 80% of companies

industry median 2 345 € · companies in the industry: 2 783
Revenue · 2025 1 mn €

above 98% of companies

industry median 14 309 € · companies in the industry: 13 336
Net profit margin · 2025 11.1 %

above 46% of companies

industry median 15.1 % · companies in the industry: 8 943

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 175 315 € · −3.9% vs Q2 2026 · industry median 19 078 € · above 87% 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: 5 748 € · +2.7% vs Q2 2026 · industry median 2 345 € · above 80% 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: 11 · −8.3% vs Q2 2026

State taxes, € thousand Q3 2026: 90 795 € · −7.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	175 315	90 795	63 225	11
Q2 2026	182 431	97 606	67 139	12
Q1 2026	259 810	139 628	64 076	12
Q4 2025	262 356	81 573	58 678	11
Q3 2025	297 529	114 691	58 513	11
Q2 2025	314 876	102 880	50 626	10
Q1 2025	144 766	65 762	43 589	10
Q4 2024	232 428	67 555	44 527	9
Q3 2024	240 211	69 730	44 228	9
Q2 2024	166 664	79 359	50 442	9
Q1 2024	247 469	81 217	46 730	11
Q4 2023	277 220	76 014	47 388	10
Q3 2023	249 454	65 652	60 021	12
Q2 2023	244 021	65 385	55 004	14
Q1 2023	189 129	66 798	48 648	13
Q4 2022	209 893	65 315	45 590	13
Q3 2022	119 595	54 577	45 596	12
Q2 2022	201 472	64 762	38 584	13
Q1 2022	203 883	77 477	39 122	12

Labour taxes per employee per month

1 916 €

Turnover per employee in the quarter

15 938 €

Q3 2026 · calculated from EMTA data

Financials by year

2019 – 2025

Revenue, € thousand 2025: 1 037 676 € · +32.1% vs 2024 · industry median 14 309 € · 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: 115 465 € · +2 788.1% vs 2024 · industry median 106 € · above 95% 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: 11.1 % · +10.6 pp vs the year before · industry median 15.1 % · above 46% 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: 329 475 € · +61.0% vs 2024

Equity, € thousand 2025: 156 840 € · +50.3% vs 2024

Employees 2025: 9 · +0.0% vs 2024 · industry median 1 · above 94% 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	1 037 676	115 465	533 612	329 475	156 840	9
2024	785 402	3 998	420 399	204 597	104 375	9
2023	1 009 934	144 558	480 040	270 976	167 517	11
2022	771 675	89 656	429 261	191 006	93 078	10
2021	501 969	98 316	255 314	165 118	103 028	9
2020	412 256	37 875	278 197	132 873	78 102	8
2019	315 397	92 918	156 088	132 973	95 418	6

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

11.1 %

Net profit / revenue

Return on equity (ROE)

73.6 %

Net profit / equity

Return on assets (ROA)

35.0 %

Net profit / assets

Equity ratio

47.6 %

Equity / assets

Debt ratio

52.4 %

Liabilities / assets

Current ratio

1.72

Current assets / current liabilities

Revenue per employee

115 297 €

Revenue / average full-time employees

Labour cost per employee per month

4 941 €

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	13 Mar 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	14 Feb 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	25 Mar 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	20 Feb 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	27 Jan 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	10 Feb 2021	Company’s own	e-Äriregister
2019	19 Feb 2019 – 31 Dec 2019	20 Jan 2020	Company’s own	e-Äriregister

Board

Jana Kukk
Board member · since 19 Feb 2019
Lars-Erik Hion
Board member · since 19 Feb 2019
Laura Kullerkupp
Board member · since 23 Jan 2023
Nasdaq CSD SE
Keeper of the share register · since 17 Oct 2020

Right of representation

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

Owners

Omanikukonto: LARS-ERIK HION
Natural person · 1 080 €

43.20%
Omanikukonto: JANA KUKK
Natural person · 801 €

32.04%
Omanikukonto: Laura Kullerkupp
Natural person · 619 €

24.76%

Owner in

Rethinkers IT OÜ
100%

Beneficial owners

Laura Kullerkupp
Direct ownership · since 4 Feb 2021
Jana Kukk
Direct ownership · since 21 Feb 2019
Lars-Erik Hion
Direct ownership · since 21 Feb 2019

Founders and other persons

Jana Kukk
Founder · 1 063 € · 19 Feb 2019
Lars-Erik Hion
Founder · 1 437 € · 19 Feb 2019

shared board members, owners or beneficial owners

Activities (EMTAK)

62101Computer programming activities Main

Rulings 10

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50113330 / 8 23 Jan 2023	Amendment entry		In force 23 Jan 2023	PDF
Ä 50113330 / M2 9 Jan 2023	Ruling to eliminate deficiencies	24 Jan 2023	Deficiencies eliminated 16 Jan 2023	PDF
Ä 50113330 / 7 5 Jul 2022	Amendment under Commercial Code § 525 (2)		In force 5 Jul 2022	PDF
Ä 50113330 / 6 30 Aug 2021	Amendment under Commercial Code § 525 (2)		In force 30 Aug 2021	PDF
Ä 50113330 / 5 25 Jan 2021	Amendment entry		In force 25 Jan 2021	PDF
Ä 50113330 / 4 16 Nov 2020	Amendment entry		In force 16 Nov 2020	PDF
Ä 50113330 / M1 11 Nov 2020	Ruling to eliminate deficiencies	26 Nov 2020	Deficiencies eliminated 16 Nov 2020	PDF
Ä 50113330 / 3 17 Oct 2020	Amendment entry		In force 17 Oct 2020	PDF
Ä 50113330 / 2 3 Apr 2019	Amendment under Commercial Code § 525 (2)		In force 3 Apr 2019	PDF
Ä 50113330 19 Feb 2019	First entry		In force 19 Feb 2019	PDF

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

Rethinkers 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

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 10