Upgr8 OÜ

Active Registry code 16044755 OÜ Tallinn Registered 4 Sep 2020
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Upgr8 OÜ is a OÜ based in Tallinn, registry code 16044755, status: active. Main activity: Retail sale of computers, peripheral units and software. According to EMTA, turnover for Q3 2026 was €1 001 762 with 31 employees.

Turnover
1 001 762 €
↑ 0.7% vs Q2 2026
State taxes
209 747 €
↑ 23.9% vs Q2 2026
Labour taxes
117 174 €
↑ 31.6% vs Q2 2026
Employees
31
+3 vs Q2 2026

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

Position in the industry Retail trade · EMTAK 47

  • Turnover · Q3 2026 1 mn €
    industry median 23 652 € · companies in the industry: 7 652
  • Labour taxes per employee 3 780 €
    industry median 1 201 € · companies in the industry: 4 663
  • Revenue · 2025 3.5 mn €
    industry median 16 974 € · companies in the industry: 13 500
  • Net profit margin · 2025 -4.9 %
    industry median 1.3 % · companies in the industry: 9 480

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 001 762 € · +0.7% vs Q2 2026 · industry median 23 652 € · above 95% of the industry
02505007501 0001 250Q4 2023 Company: 476 143 € Industry median: 26 822 €Q4·23Q1 2024 Company: 439 693 € Industry median: 23 246 €Q2 2024 Company: 345 807 € Industry median: 26 103 €Q2·24Q3 2024 Company: 411 386 € Industry median: 24 905 €Q4 2024 Company: 521 933 € Industry median: 25 283 €Q4·24Q1 2025 Company: 557 583 € Industry median: 21 556 €Q2 2025 Company: 574 241 € Industry median: 24 404 €Q2·25Q3 2025 Company: 645 886 € Industry median: 24 441 €Q4 2025 Company: 703 982 € Industry median: 23 532 €Q4·25Q1 2026 Company: 1 010 110 € Industry median: 20 253 €Q2 2026 Company: 994 828 € Industry median: 23 917 €Q2·26Q3 2026 Company: 1 001 762 € Industry median: 23 652 €Q3·2602505007501 0001 250Q4 2024 Company: 521 933 € Industry median: 25 283 €Q1 2025 Company: 557 583 € Industry median: 21 556 €Q1·25Q2 2025 Company: 574 241 € Industry median: 24 404 €Q3 2025 Company: 645 886 € Industry median: 24 441 €Q3·25Q4 2025 Company: 703 982 € Industry median: 23 532 €Q1 2026 Company: 1 010 110 € Industry median: 20 253 €Q1·26Q2 2026 Company: 994 828 € Industry median: 23 917 €Q3 2026 Company: 1 001 762 € Industry median: 23 652 €Q3·26
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 780 € · +18.8% vs Q2 2026 · industry median 1 201 € · above 94% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 450 € Industry median: 971 €Q4·23Q1 2024 Company: 3 086 € Industry median: 1 002 €Q2 2024 Company: 3 011 € Industry median: 1 009 €Q2·24Q3 2024 Company: 3 240 € Industry median: 1 048 €Q4 2024 Company: 3 518 € Industry median: 1 053 €Q4·24Q1 2025 Company: 3 371 € Industry median: 1 099 €Q2 2025 Company: 3 331 € Industry median: 1 126 €Q2·25Q3 2025 Company: 4 030 € Industry median: 1 156 €Q4 2025 Company: 3 184 € Industry median: 1 151 €Q4·25Q1 2026 Company: 3 774 € Industry median: 1 116 €Q2 2026 Company: 3 181 € Industry median: 1 131 €Q2·26Q3 2026 Company: 3 780 € Industry median: 1 201 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 3 518 € Industry median: 1 053 €Q1 2025 Company: 3 371 € Industry median: 1 099 €Q1·25Q2 2025 Company: 3 331 € Industry median: 1 126 €Q3 2025 Company: 4 030 € Industry median: 1 156 €Q3·25Q4 2025 Company: 3 184 € Industry median: 1 151 €Q1 2026 Company: 3 774 € Industry median: 1 116 €Q1·26Q2 2026 Company: 3 181 € Industry median: 1 131 €Q3 2026 Company: 3 780 € Industry median: 1 201 €Q3·26
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 31 · +10.7% vs Q2 2026
010203040Q4 2023 Company: 19Q4·23Q1 2024 Company: 19Q2 2024 Company: 20Q2·24Q3 2024 Company: 19Q4 2024 Company: 19Q4·24Q1 2025 Company: 20Q2 2025 Company: 21Q2·25Q3 2025 Company: 20Q4 2025 Company: 26Q4·25Q1 2026 Company: 25Q2 2026 Company: 28Q2·26Q3 2026 Company: 31Q3·26010203040Q4 2024 Company: 19Q1 2025 Company: 20Q1·25Q2 2025 Company: 21Q3 2025 Company: 20Q3·25Q4 2025 Company: 26Q1 2026 Company: 25Q1·26Q2 2026 Company: 28Q3 2026 Company: 31Q3·26
State taxes, € thousand Q3 2026: 209 747 € · +23.9% vs Q2 2026
050100150200250Q4 2023 Company: 92 941 €Q4·23Q1 2024 Company: 88 478 €Q2 2024 Company: 74 178 €Q2·24Q3 2024 Company: 92 466 €Q4 2024 Company: 113 721 €Q4·24Q1 2025 Company: 108 389 €Q2 2025 Company: 112 853 €Q2·25Q3 2025 Company: 158 183 €Q4 2025 Company: 115 449 €Q4·25Q1 2026 Company: 162 867 €Q2 2026 Company: 169 296 €Q2·26Q3 2026 Company: 209 747 €Q3·26050100150200250Q4 2024 Company: 113 721 €Q1 2025 Company: 108 389 €Q1·25Q2 2025 Company: 112 853 €Q3 2025 Company: 158 183 €Q3·25Q4 2025 Company: 115 449 €Q1 2026 Company: 162 867 €Q1·26Q2 2026 Company: 169 296 €Q3 2026 Company: 209 747 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 001 762 209 747 117 174 31
Q2 2026 994 828 169 296 89 060 28
Q1 2026 1 010 110 162 867 94 355 25
Q4 2025 703 982 115 449 82 783 26
Q3 2025 645 886 158 183 80 592 20
Q2 2025 574 241 112 853 69 941 21
Q1 2025 557 583 108 389 67 415 20
Q4 2024 521 933 113 721 66 836 19
Q3 2024 411 386 92 466 61 552 19
Q2 2024 345 807 74 178 60 212 20
Q1 2024 439 693 88 478 58 638 19
Q4 2023 476 143 92 941 65 542 19
Q3 2023 406 030 79 081 66 798 19
Q2 2023 440 696 66 597 61 877 20
Q1 2023 437 380 76 002 66 942 21
Q4 2022 329 086 53 213 55 100 18
Q3 2022 323 658 50 915 45 690 19
Q2 2022 295 415 43 543 37 728 14
Q1 2022 343 506 52 121 34 700 13
Labour taxes per employee per month
1 260 €
Turnover per employee in the quarter
32 315 €

Q3 2026 · calculated from EMTA data

Financials by year

2021 – 2026
Revenue, € thousand 2025: 3 476 435 € · +18.5% vs 2024 · industry median 16 974 € · above 98% of the industry
01 0002 0003 0004 0002021 Company: — Industry median: 23 333 €20212022 Company: 1 271 011 € Industry median: 22 891 €20222023 Company: 2 273 910 € Industry median: 20 218 €20232024 Company: 2 932 793 € Industry median: 18 875 €20242025 Company: 3 476 435 € Industry median: 16 974 €20252026 Company: — Industry median: 2 938 €202601 0002 0003 0004 0002021 Company: — Industry median: 23 333 €2022 Company: 1 271 011 € Industry median: 22 891 €20222023 Company: 2 273 910 € Industry median: 20 218 €2024 Company: 2 932 793 € Industry median: 18 875 €20242025 Company: 3 476 435 € Industry median: 16 974 €2026 Company: — Industry median: 2 938 €2026
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -171 319 € · +41.4% vs 2024 · industry median 0 € · above 2% of the industry
-1 000-800-600-400-20002002021 Company: — Industry median: 245 €20212022 Company: -341 993 € Industry median: 96 €20222023 Company: -862 438 € Industry median: 20 €20232024 Company: -292 118 € Industry median: 0 €20242025 Company: -171 319 € Industry median: 0 €20252026 Company: — Industry median: 0 €2026-1 000-800-600-400-20002002021 Company: — Industry median: 245 €2022 Company: -341 993 € Industry median: 96 €20222023 Company: -862 438 € Industry median: 20 €2024 Company: -292 118 € Industry median: 0 €20242025 Company: -171 319 € Industry median: 0 €2026 Company: — Industry median: 0 €2026
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -4.9 % · +5.0 pp vs the year before · industry median 1.3 % · above 25% of the industry
-40-30-20-100102021 Company: — Industry median: 3.3 %20212022 Company: -26.9 % Industry median: 2.8 %20222023 Company: -37.9 % Industry median: 2.2 %20232024 Company: -10.0 % Industry median: 1.5 %20242025 Company: -4.9 % Industry median: 1.3 %20252026 Company: — Industry median: 2.2 %2026-40-30-20-100102021 Company: — Industry median: 3.3 %2022 Company: -26.9 % Industry median: 2.8 %20222023 Company: -37.9 % Industry median: 2.2 %2024 Company: -10.0 % Industry median: 1.5 %20242025 Company: -4.9 % Industry median: 1.3 %2026 Company: — Industry median: 2.2 %2026
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 871 687 € · +23.5% vs 2024
02004006008001 0002021 Company: —20212022 Company: 653 937 €20222023 Company: 796 274 €20232024 Company: 705 764 €20242025 Company: 871 687 €20252026 Company: —202602004006008001 0002021 Company: —2022 Company: 653 937 €20222023 Company: 796 274 €2024 Company: 705 764 €20242025 Company: 871 687 €2026 Company: —2026
Equity, € thousand 2025: -181 571 € · −4 730.7% vs 2024
-800-600-400-20002002021 Company: —20212022 Company: -459 523 €20222023 Company: -703 961 €20232024 Company: 3 921 €20242025 Company: -181 571 €20252026 Company: —2026-800-600-400-20002002021 Company: —2022 Company: -459 523 €20222023 Company: -703 961 €2024 Company: 3 921 €20242025 Company: -181 571 €2026 Company: —2026
Employees 2026: 23 · +21.1% vs 2025 · industry median 2 · above 80% of the industry
05101520252021 Company: 9 Industry median: 220212022 Company: 14 Industry median: 220222023 Company: 21 Industry median: 220232024 Company: 19 Industry median: 220242025 Company: 19 Industry median: 220252026 Company: 23 Industry median: 2202605101520252021 Company: 9 Industry median: 22022 Company: 14 Industry median: 220222023 Company: 21 Industry median: 22024 Company: 19 Industry median: 220242025 Company: 19 Industry median: 22026 Company: 23 Industry median: 22026
  • Company
  • Industry median

Industry: Retail trade (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
2026 — — — — — 23
2025 3 476 435 -171 319 649 943 871 687 -181 571 19
2024 2 932 793 -292 118 629 805 705 764 3 921 19
2023 2 273 910 -862 438 566 583 796 274 -703 961 21
2022 1 271 011 -341 993 345 500 653 937 -459 523 14
2021 — — — — — 9

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
-4.9 %
Net profit / revenue
Return on assets (ROA)
-19.7 %
Net profit / assets
Equity ratio
-20.8 %
Equity / assets
Debt ratio
120.8 %
Liabilities / assets
Current ratio
0.76
Current assets / current liabilities
Revenue per employee
182 970 €
Revenue / average full-time employees
Labour cost per employee per month
2 851 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 May 2024 – 30 Apr 2025 30 Oct 2025 Company’s own e-Äriregister
2023 1 May 2023 – 30 Apr 2024 31 Oct 2024 Company’s own e-Äriregister
2022 1 May 2022 – 30 Apr 2023 31 Oct 2023 Company’s own e-Äriregister
2021 1 May 2021 – 30 Apr 2022 31 Oct 2022 Company’s own e-Äriregister

Board

  • Kristjan Nemvalts
    Board member · since 11 Sep 2025
  • Kristo Kraft
    Board member · since 7 Aug 2026
  • Nasdaq CSD SE
    Keeper of the share register · since 15 May 2026

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

  • UP Invest OÜ
    Founder · 2 500 € · 14 Aug 2020
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 47401Retail sale of computers, peripheral units and software Main
Rulings
Number, date Title Deadline State Document
Ä 50152535 / 12
12 Aug 2026
Amendment under Code of Civil Procedure § 595¹ (1) In force
12 Aug 2026
PDF
Ä 50152535 / 11
7 Aug 2026
Amendment entry In force
7 Aug 2026
PDF
Ä 50152535 / 10
15 May 2026
Amendment entry In force
15 May 2026
PDF
Ä 50152535 / 9
13 Mar 2026
Amendment entry In force
13 Mar 2026
PDF
Ä 50152535 / 8
11 Sep 2025
Amendment entry In force
11 Sep 2025
PDF
Ä 50152535 / 7
8 Jan 2025
Second (constitutive) merger entry In force
8 Jan 2025
PDF
Ä 50152535 / 6
16 Apr 2024
Amendment entry In force
16 Apr 2024
PDF
Ä 50152535 / M4
10 Nov 2023
Warning of compulsory dissolution: insufficient net assets 10 May 2024 Deficiencies eliminated
8 Apr 2024
PDF
Ä 50152535 / 5
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50152535 / 4
13 Jul 2023
Amendment entry In force
13 Jul 2023
PDF
Ä 50152535 / 3
9 Mar 2023
Amendment entry In force
9 Mar 2023
PDF
Ä 50152535 / 2
10 Feb 2023
Amendment entry In force
10 Feb 2023
PDF
Ä 50152535 / M3
1 Nov 2021
Warning of compulsory dissolution: insufficient net assets 5 May 2022 In force
1 Nov 2021
PDF
Ä 50152535
4 Sep 2020
First entry In force
4 Sep 2020
PDF
Ä 50152535 / M2
3 Sep 2020
Ruling to eliminate deficiencies 3 Oct 2020 Deficiencies eliminated
4 Sep 2020
PDF
Ä 50152535 / M1
17 Aug 2020
Ruling to eliminate deficiencies 16 Sep 2020 Deficiencies eliminated
4 Sep 2020
PDF

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