itrays OÜ
itrays OÜ is a OÜ based in Tallinn, registry code 14966189, status: active. Main activity: Other software publishing. According to EMTA, turnover for Q3 2026 was €2 963 with 1 employees.
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 2 963 €above 35% of companiesindustry median 9 319 € · companies in the industry: 766
- Labour taxes per employee 1 130 €above 28% of companiesindustry median 2 036 € · companies in the industry: 224
- Revenue · 2025 38 311 €above 70% of companiesindustry median 5 175 € · companies in the industry: 1 328
- Net profit margin · 2025 37.2 %above 78% of companiesindustry median 4.4 % · companies in the industry: 825
Taxes and turnover
- Company
- Industry median
Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 2 963 | 1 312 | 1 130 | 1 |
| Q2 2026 | 1 237 | 969 | 1 130 | 1 |
| Q1 2026 | 1 221 | 1 019 | 1 146 | 1 |
| Q4 2025 | 4 026 | 1 493 | 1 177 | 1 |
| Q3 2025 | 6 598 | 1 977 | 1 177 | 1 |
| Q2 2025 | 16 939 | 6 180 | 7 083 | 1 |
| Q1 2025 | 17 426 | 9 515 | 10 375 | 3 |
| Q4 2024 | 29 597 | 11 494 | 10 650 | 3 |
| Q3 2024 | 31 894 | 11 619 | 10 731 | 3 |
| Q2 2024 | 35 072 | 10 077 | 10 941 | 3 |
| Q1 2024 | 45 354 | 9 559 | 10 381 | 3 |
| Q4 2023 | 44 026 | 8 171 | 8 890 | 3 |
| Q3 2023 | 31 097 | 9 081 | 9 865 | 3 |
| Q2 2023 | 49 679 | 9 116 | 9 865 | 3 |
| Q1 2023 | 133 236 | 9 953 | 9 456 | 3 |
| Q4 2022 | 89 142 | 10 451 | 9 013 | 3 |
| Q3 2022 | 79 140 | 12 536 | 8 869 | 3 |
| Q2 2022 | 58 739 | 7 597 | 6 365 | 3 |
| Q1 2022 | 83 600 | 5 275 | 5 737 | 2 |
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 38 311 | 14 244 | 29 184 | 3 651 | 1 637 | 2 |
| 2024 | 122 567 | -16 526 | 108 880 | 8 412 | -12 607 | 3 |
| 2023 | 169 120 | -12 828 | 90 021 | 17 053 | 3 920 | 3 |
| 2022 | 200 786 | -46 249 | 79 608 | 38 882 | 16 748 | 3 |
| 2021 | 479 729 | 107 816 | 104 627 | 134 286 | 112 816 | 2 |
| 2020 | 46 231 | 34 674 | 2 676 | 40 614 | 39 674 | 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 2025
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 23 Apr 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 29 Apr 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 9 Apr 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 22 May 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 28 Apr 2022 | Company’s own | e-Äriregister |
| 2020 | 8 May 2020 – 31 Dec 2020 | 3 Apr 2021 | Company’s own | e-Äriregister |
Board
- Milad MardihaBoard member · since 8 May 2020
- E-Residency Hub OÜContact person · since 8 May 2020
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Milad MardihaNatural person · 5 000 €
Beneficial owners
- Milad MardihaDirect ownership · since 9 Nov 2020
Founders and other persons
- Milad MardihaFounder · 2 500 € · 8 May 2020
Activities (EMTAK)
- 58291Other software publishing Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50145728 / 6 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 50145728 / 5 26 Nov 2020 |
Amendment under Commercial Code § 525 (2) | In force 26 Nov 2020 |
||
| Ä 50145728 / 4 11 Nov 2020 |
Amendment entry | In force 11 Nov 2020 |
||
| Ä 50145728 / 3 8 Sep 2020 |
Amendment entry | In force 8 Sep 2020 |
||
| Ä 50145728 / M5 4 Sep 2020 |
Ruling to eliminate deficiencies | 14 Sep 2020 | Deficiencies eliminated 8 Sep 2020 |
|
| Ä 50145728 / M4 2 Sep 2020 |
Ruling to eliminate deficiencies | 9 Sep 2020 | Deficiencies eliminated 8 Sep 2020 |
|
| Ä 50145728 / M3 31 Aug 2020 |
Ruling to eliminate deficiencies | 7 Sep 2020 | Deficiencies eliminated 8 Sep 2020 |
|
| Ä 50145728 / M2 26 Aug 2020 |
Ruling to eliminate deficiencies | 5 Sep 2020 | In force 26 Aug 2020 |
|
| Ä 50145728 / M1 21 Aug 2020 |
Ruling to eliminate deficiencies | 5 Sep 2020 | In force 21 Aug 2020 |
|
| Ä 50145728 / 2 12 May 2020 |
Amendment entry | In force 12 May 2020 |
||
| Ä 50145728 8 May 2020 |
First entry | In force 8 May 2020 |
Sources: e-Äriregister and EMTA. Data updated 26 Oct 2026. Open at the source ↗ · Report an error in the data