SHA2 solutions OÜ

Active Registry code 14952299 OÜ Tallinn Registered 14 Apr 2020
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SHA2 solutions OÜ is a OÜ based in Tallinn, registry code 14952299, status: active. Main activity: Other activities auxiliary to financial services, except insurance and pension funding n.e.c.. Its annual report for 2024 shows revenue of €3 517 669 and 7 employees.

Turnover
—
State taxes
53 520 €
↓ 13.7% vs Q2 2026
Labour taxes
57 987 €
↓ 13.6% vs Q2 2026
Employees
6
±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Activities auxiliary to financial services and insurance activities · EMTAK 66

  • Labour taxes per employee 9 665 €
    industry median 2 338 € · companies in the industry: 272
  • Revenue · 2024 3.5 mn €
    industry median 3 510 € · companies in the industry: 1 278
  • Net profit margin · 2024 20.6 %
    industry median 23.7 % · companies in the industry: 710

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q1 2025: 127 970 € · +144.9% vs Q4 2024 · industry median 15 000 € · above 85% of the industry
050100150Q4 2023 Company: 25 461 € Industry median: 15 410 €Q4·23Q1 2024 Company: 8 407 € Industry median: 14 567 €Q2 2024 Company: 31 203 € Industry median: 14 307 €Q2·24Q3 2024 Company: 22 185 € Industry median: 15 089 €Q4 2024 Company: 52 263 € Industry median: 17 023 €Q4·24Q1 2025 Company: 127 970 € Industry median: 15 000 €Q2 2025 Company: — Industry median: 14 295 €Q2·25Q3 2025 Company: — Industry median: 15 833 €Q4 2025 Company: — Industry median: 14 155 €Q4·25Q1 2026 Company: — Industry median: 14 181 €Q2 2026 Company: — Industry median: 13 350 €Q2·26Q3 2026 Company: — Industry median: 13 814 €Q3·26050100150Q4 2024 Company: 52 263 € Industry median: 17 023 €Q1 2025 Company: 127 970 € Industry median: 15 000 €Q1·25Q2 2025 Company: — Industry median: 14 295 €Q3 2025 Company: — Industry median: 15 833 €Q3·25Q4 2025 Company: — Industry median: 14 155 €Q1 2026 Company: — Industry median: 14 181 €Q1·26Q2 2026 Company: — Industry median: 13 350 €Q3 2026 Company: — Industry median: 13 814 €Q3·26
  • Company
  • Industry median

Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 9 665 € · −13.6% vs Q2 2026 · industry median 2 338 € · above 89% of the industry
05 00010 00015 000Q4 2023 Company: 9 009 € Industry median: 2 204 €Q4·23Q1 2024 Company: 6 955 € Industry median: 2 519 €Q2 2024 Company: 9 548 € Industry median: 2 244 €Q2·24Q3 2024 Company: 8 802 € Industry median: 2 155 €Q4 2024 Company: 7 303 € Industry median: 2 169 €Q4·24Q1 2025 Company: 14 932 € Industry median: 2 294 €Q2 2025 Company: 10 258 € Industry median: 2 197 €Q2·25Q3 2025 Company: 11 247 € Industry median: 2 337 €Q4 2025 Company: 9 506 € Industry median: 2 337 €Q4·25Q1 2026 Company: 11 985 € Industry median: 2 256 €Q2 2026 Company: 11 183 € Industry median: 2 325 €Q2·26Q3 2026 Company: 9 665 € Industry median: 2 338 €Q3·2605 00010 00015 000Q4 2024 Company: 7 303 € Industry median: 2 169 €Q1 2025 Company: 14 932 € Industry median: 2 294 €Q1·25Q2 2025 Company: 10 258 € Industry median: 2 197 €Q3 2025 Company: 11 247 € Industry median: 2 337 €Q3·25Q4 2025 Company: 9 506 € Industry median: 2 337 €Q1 2026 Company: 11 985 € Industry median: 2 256 €Q1·26Q2 2026 Company: 11 183 € Industry median: 2 325 €Q3 2026 Company: 9 665 € Industry median: 2 338 €Q3·26
  • Company
  • Industry median

Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 6 · +0.0% vs Q2 2026
0246Q4 2023 Company: 6Q4·23Q1 2024 Company: 6Q2 2024 Company: 6Q2·24Q3 2024 Company: 6Q4 2024 Company: 6Q4·24Q1 2025 Company: 6Q2 2025 Company: 6Q2·25Q3 2025 Company: 6Q4 2025 Company: 6Q4·25Q1 2026 Company: 6Q2 2026 Company: 6Q2·26Q3 2026 Company: 6Q3·260246Q4 2024 Company: 6Q1 2025 Company: 6Q1·25Q2 2025 Company: 6Q3 2025 Company: 6Q3·25Q4 2025 Company: 6Q1 2026 Company: 6Q1·26Q2 2026 Company: 6Q3 2026 Company: 6Q3·26
State taxes, € thousand Q3 2026: 53 520 € · −13.7% vs Q2 2026
0255075100125Q4 2023 Company: 55 524 €Q4·23Q1 2024 Company: 40 734 €Q2 2024 Company: 60 397 €Q2·24Q3 2024 Company: 54 282 €Q4 2024 Company: 52 451 €Q4·24Q1 2025 Company: 111 559 €Q2 2025 Company: 56 776 €Q2·25Q3 2025 Company: 62 203 €Q4 2025 Company: 52 575 €Q4·25Q1 2026 Company: 66 201 €Q2 2026 Company: 62 003 €Q2·26Q3 2026 Company: 53 520 €Q3·260255075100125Q4 2024 Company: 52 451 €Q1 2025 Company: 111 559 €Q1·25Q2 2025 Company: 56 776 €Q3 2025 Company: 62 203 €Q3·25Q4 2025 Company: 52 575 €Q1 2026 Company: 66 201 €Q1·26Q2 2026 Company: 62 003 €Q3 2026 Company: 53 520 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 53 520 57 987 6
Q2 2026 — 62 003 67 097 6
Q1 2026 — 66 201 71 912 6
Q4 2025 — 52 575 57 033 6
Q3 2025 — 62 203 67 482 6
Q2 2025 — 56 776 61 548 6
Q1 2025 127 970 111 559 89 591 6
Q4 2024 52 263 52 451 43 819 6
Q3 2024 22 185 54 282 52 809 6
Q2 2024 31 203 60 397 57 287 6
Q1 2024 8 407 40 734 41 731 6
Q4 2023 25 461 55 524 54 056 6
Q3 2023 — 42 104 45 260 7
Q2 2023 — 35 416 37 995 7
Q1 2023 — 49 892 53 445 7
Q4 2022 — 46 448 49 711 7
Q3 2022 — 46 544 49 783 8
Q2 2022 — 33 912 36 250 6
Q1 2022 — 13 410 14 345 6
Labour taxes per employee per month
3 222 €

Q3 2026 · calculated from EMTA data

Financials by year

2020 – 2024
Revenue, € thousand 2024: 3 517 669 € · +306.6% vs 2023 · industry median 3 510 € · above 98% of the industry
01 0002 0003 0004 0002020 Company: — Industry median: 3 790 €20202021 Company: 20 685 € Industry median: 4 200 €20212022 Company: 44 684 € Industry median: 3 539 €20222023 Company: 865 183 € Industry median: 3 094 €20232024 Company: 3 517 669 € Industry median: 3 510 €202401 0002 0003 0004 0002020 Company: — Industry median: 3 790 €20202021 Company: 20 685 € Industry median: 4 200 €2022 Company: 44 684 € Industry median: 3 539 €20222023 Company: 865 183 € Industry median: 3 094 €2024 Company: 3 517 669 € Industry median: 3 510 €2024
  • Company
  • Industry median

Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2024: 724 479 € · +159.9% vs 2023 · industry median 165 € · above 98% of the industry
-3 000-2 000-1 00001 0002020 Company: -134 113 € Industry median: 93 €20202021 Company: -446 163 € Industry median: 269 €20212022 Company: -2 361 488 € Industry median: 0 €20222023 Company: -1 210 448 € Industry median: 10 €20232024 Company: 724 479 € Industry median: 165 €2024-3 000-2 000-1 00001 0002020 Company: -134 113 € Industry median: 93 €20202021 Company: -446 163 € Industry median: 269 €2022 Company: -2 361 488 € Industry median: 0 €20222023 Company: -1 210 448 € Industry median: 10 €2024 Company: 724 479 € Industry median: 165 €2024
  • Company
  • Industry median

Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2024: 20.6 % · +160.5 pp vs the year before · industry median 23.7 % · above 48% of the industry
-6 000-4 000-2 00002 0002020 Company: — Industry median: 24.8 %20202021 Company: -2 156.9 % Industry median: 27.0 %20212022 Company: -5 284.9 % Industry median: 20.8 %20222023 Company: -139.9 % Industry median: 21.6 %20232024 Company: 20.6 % Industry median: 23.7 %2024-6 000-4 000-2 00002 0002020 Company: — Industry median: 24.8 %20202021 Company: -2 156.9 % Industry median: 27.0 %2022 Company: -5 284.9 % Industry median: 20.8 %20222023 Company: -139.9 % Industry median: 21.6 %2024 Company: 20.6 % Industry median: 23.7 %2024
  • Company
  • Industry median

Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2024: 6 519 901 € · +80.9% vs 2023
02 0004 0006 0008 0002020 Company: 18 028 €20202021 Company: 155 390 €20212022 Company: 263 513 €20222023 Company: 3 604 897 €20232024 Company: 6 519 901 €202402 0004 0006 0008 0002020 Company: 18 028 €20202021 Company: 155 390 €2022 Company: 263 513 €20222023 Company: 3 604 897 €2024 Company: 6 519 901 €2024
Equity, € thousand 2024: 1 003 200 € · +328.5% vs 2023
-3 000-2 000-1 00001 0002 0002020 Company: -122 113 €20202021 Company: -568 276 €20212022 Company: -2 841 764 €20222023 Company: 234 101 €20232024 Company: 1 003 200 €2024-3 000-2 000-1 00001 0002 0002020 Company: -122 113 €20202021 Company: -568 276 €2022 Company: -2 841 764 €20222023 Company: 234 101 €2024 Company: 1 003 200 €2024
Employees 2024: 7 · +0.0% vs 2023 · industry median 1 · above 87% of the industry
024682020 Company: 1 Industry median: 120202021 Company: 7 Industry median: 120212022 Company: 7 Industry median: 120222023 Company: 7 Industry median: 120232024 Company: 7 Industry median: 12024024682020 Company: 1 Industry median: 120202021 Company: 7 Industry median: 12022 Company: 7 Industry median: 120222023 Company: 7 Industry median: 12024 Company: 7 Industry median: 12024
  • Company
  • Industry median

Industry: Activities auxiliary to financial services and insurance 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 3 517 669 724 479 502 650 6 519 901 1 003 200 7
2023 865 183 -1 210 448 444 219 3 604 897 234 101 7
2022 44 684 -2 361 488 502 213 263 513 -2 841 764 7
2021 20 685 -446 163 302 127 155 390 -568 276 7
2020 — -134 113 100 645 18 028 -122 113 1

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
20.6 %
Net profit / revenue
Return on equity (ROE)
72.2 %
Net profit / equity
Return on assets (ROA)
11.1 %
Net profit / assets
Equity ratio
15.4 %
Equity / assets
Debt ratio
84.6 %
Liabilities / assets
Current ratio
3.13
Current assets / current liabilities
Revenue per employee
502 524 €
Revenue / average full-time employees
Labour cost per employee per month
5 984 €
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 11 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 28 Oct 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 24 Jul 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 4 Oct 2022 Company’s own e-Äriregister
2020 14 Apr 2020 – 31 Dec 2020 28 Dec 2021 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

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 66199Other activities auxiliary to financial services, except insurance and pension funding n.e.c. Main
Rulings
Number, date Title Deadline State Document
Ä 50144218 / 9
9 Jun 2022
Amendment entry In force
9 Jun 2022
PDF
Ä 50144218 / 8
19 Jan 2022
Amendment entry In force
19 Jan 2022
PDF
Ä 50144218 / 7
16 Oct 2020
Amendment under Commercial Code § 525 (2) In force
16 Oct 2020
PDF
Ä 50144218 / 6
16 Sep 2020
Amendment entry In force
16 Sep 2020
PDF
Ä 50144218 / 5
10 Jul 2020
Amendment entry In force
10 Jul 2020
PDF
Ä 50144218 / 4
12 Jun 2020
Amendment entry In force
12 Jun 2020
PDF
Ä 50144218 / 3
10 Jun 2020
Entry made by the register on its own initiative In force
10 Jun 2020
PDF
Ä 50144218 / 2
2 Jun 2020
Amendment entry In force
2 Jun 2020
PDF
Ä 50144218
14 Apr 2020
First entry In force
14 Apr 2020
PDF

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