Whitepaper OÜ

Active Registry code 16110274 OÜ Tallinn Registered 30 Nov 2020
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Whitepaper OÜ is a OÜ based in Tallinn, registry code 16110274, status: active. Main activity: Business and other management consultancy activities. According to EMTA, turnover for Q3 2026 was €2 557 with employees.

Turnover
2 557 €
↓ 94.6% vs Q2 2026
State taxes
3 007 €
↓ 31.3% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Activities of head offices and management consultancy · EMTAK 70

  • Turnover · Q3 2026 2 557 €
    industry median 13 705 € · companies in the industry: 4 338
  • Revenue · 2025 172 737 €
    industry median 10 800 € · companies in the industry: 9 687
  • Net profit margin · 2025 66.2 %
    industry median 22.0 % · companies in the industry: 6 494

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 2 557 € · −94.6% vs Q2 2026 · industry median 13 705 € · above 19% of the industry
010 00020 00030 00040 00050 000Q4 2023 Company: 2 334 € Industry median: 15 091 €Q4·23Q1 2024 Company: 13 277 € Industry median: 14 762 €Q2 2024 Company: 12 216 € Industry median: 14 762 €Q2·24Q3 2024 Company: 12 121 € Industry median: 14 140 €Q4 2024 Company: 25 324 € Industry median: 15 052 €Q4·24Q1 2025 Company: 8 683 € Industry median: 14 703 €Q2 2025 Company: 17 217 € Industry median: 13 688 €Q2·25Q3 2025 Company: 14 920 € Industry median: 13 984 €Q4 2025 Company: 2 634 € Industry median: 14 505 €Q4·25Q1 2026 Company: 1 291 € Industry median: 14 237 €Q2 2026 Company: 47 122 € Industry median: 14 128 €Q2·26Q3 2026 Company: 2 557 € Industry median: 13 705 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 25 324 € Industry median: 15 052 €Q1 2025 Company: 8 683 € Industry median: 14 703 €Q1·25Q2 2025 Company: 17 217 € Industry median: 13 688 €Q3 2025 Company: 14 920 € Industry median: 13 984 €Q3·25Q4 2025 Company: 2 634 € Industry median: 14 505 €Q1 2026 Company: 1 291 € Industry median: 14 237 €Q1·26Q2 2026 Company: 47 122 € Industry median: 14 128 €Q3 2026 Company: 2 557 € Industry median: 13 705 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 3 007 € · −31.3% vs Q2 2026
02 0004 0006 000Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 137 €Q2 2024 Company: 1 628 €Q2·24Q3 2024 Company: 274 €Q4 2024 Company: 3 829 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 3 548 €Q2·25Q3 2025 Company: —Q4 2025 Company: 5 905 €Q4·25Q1 2026 Company: 148 €Q2 2026 Company: 4 376 €Q2·26Q3 2026 Company: 3 007 €Q3·2602 0004 0006 000Q4 2024 Company: 3 829 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 3 548 €Q3 2025 Company: —Q3·25Q4 2025 Company: 5 905 €Q1 2026 Company: 148 €Q1·26Q2 2026 Company: 4 376 €Q3 2026 Company: 3 007 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 2 557 3 007 — —
Q2 2026 47 122 4 376 — —
Q1 2026 1 291 148 — —
Q4 2025 2 634 5 905 — —
Q3 2025 14 920 — — —
Q2 2025 17 217 3 548 — —
Q1 2025 8 683 — — —
Q4 2024 25 324 3 829 — —
Q3 2024 12 121 274 — —
Q2 2024 12 216 1 628 — —
Q1 2024 13 277 137 — —
Q4 2023 2 334 — — —
Q3 2023 11 736 — — —
Q2 2023 11 851 129 — —
Q1 2023 7 033 75 — —
Q4 2022 15 648 547 — —
Q3 2022 14 880 — — —
Q2 2022 26 453 — — —
Q1 2022 2 250 — — —

Financials by year

2021 – 2025
Revenue, € thousand 2025: 172 737 € · +75.8% vs 2024 · industry median 10 800 € · above 91% of the industry
0501001502002021 Company: 65 448 € Industry median: 9 884 €20212022 Company: 62 731 € Industry median: 10 945 €20222023 Company: 78 977 € Industry median: 11 079 €20232024 Company: 98 279 € Industry median: 10 766 €20242025 Company: 172 737 € Industry median: 10 800 €20250501001502002021 Company: 65 448 € Industry median: 9 884 €20212022 Company: 62 731 € Industry median: 10 945 €2023 Company: 78 977 € Industry median: 11 079 €20232024 Company: 98 279 € Industry median: 10 766 €2025 Company: 172 737 € Industry median: 10 800 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 114 364 € · +184.9% vs 2024 · industry median 284 € · above 93% of the industry
02550751001252021 Company: 15 507 € Industry median: 1 171 €20212022 Company: 38 736 € Industry median: 470 €20222023 Company: 24 928 € Industry median: 681 €20232024 Company: 40 147 € Industry median: 538 €20242025 Company: 114 364 € Industry median: 284 €202502550751001252021 Company: 15 507 € Industry median: 1 171 €20212022 Company: 38 736 € Industry median: 470 €2023 Company: 24 928 € Industry median: 681 €20232024 Company: 40 147 € Industry median: 538 €2025 Company: 114 364 € Industry median: 284 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 66.2 % · +25.4 pp vs the year before · industry median 22.0 % · above 74% of the industry
0204060802021 Company: 23.7 % Industry median: 35.7 %20212022 Company: 61.7 % Industry median: 27.6 %20222023 Company: 31.6 % Industry median: 28.4 %20232024 Company: 40.9 % Industry median: 25.0 %20242025 Company: 66.2 % Industry median: 22.0 %20250204060802021 Company: 23.7 % Industry median: 35.7 %20212022 Company: 61.7 % Industry median: 27.6 %2023 Company: 31.6 % Industry median: 28.4 %20232024 Company: 40.9 % Industry median: 25.0 %2025 Company: 66.2 % Industry median: 22.0 %2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 149 333 € · +105.8% vs 2024
0501001502021 Company: 25 207 €20212022 Company: 57 271 €20222023 Company: 64 195 €20232024 Company: 72 562 €20242025 Company: 149 333 €20250501001502021 Company: 25 207 €20212022 Company: 57 271 €2023 Company: 64 195 €20232024 Company: 72 562 €2025 Company: 149 333 €2025
Equity, € thousand 2025: 149 182 € · +123.3% vs 2024
0501001502021 Company: 18 007 €20212022 Company: 56 743 €20222023 Company: 51 671 €20232024 Company: 66 817 €20242025 Company: 149 182 €20250501001502021 Company: 18 007 €20212022 Company: 56 743 €2023 Company: 51 671 €20232024 Company: 66 817 €2025 Company: 149 182 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (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 172 737 114 364 0 149 333 149 182 0
2024 98 279 40 147 0 72 562 66 817 0
2023 78 977 24 928 0 64 195 51 671 0
2022 62 731 38 736 0 57 271 56 743 0
2021 65 448 15 507 0 25 207 18 007 0

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
66.2 %
Net profit / revenue
Return on equity (ROE)
76.7 %
Net profit / equity
Return on assets (ROA)
76.6 %
Net profit / assets
Equity ratio
99.9 %
Equity / assets
Debt ratio
0.1 %
Liabilities / assets
Current ratio
921.12
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 4 May 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Apr 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 18 Apr 2023 Company’s own e-Äriregister
2021 30 Nov 2020 – 31 Dec 2021 27 May 2022 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

Owner in

Beneficial owners

  • Anti Kodar
    Indirect ownership · since 30 Nov 2020

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 70201Business and other management consultancy activities Main
Rulings
Number, date Title Deadline State Document
Ä 50161169 / 6
6 Jul 2026
Amendment entry In force
6 Jul 2026
PDF
Ä 50161169 / 5
1 Jul 2026
Amendment entry In force
1 Jul 2026
PDF
Ä 50161169 / 4
5 Sep 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
5 Sep 2023
PDF
Ä 50161169 / 3
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50161169 / 2
13 Jul 2021
Amendment entry In force
13 Jul 2021
PDF
Ä 50161169
30 Nov 2020
First entry In force
30 Nov 2020
PDF

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