Icebreaker Fund Management Estonia OÜ

Active Registry code 16240261 OÜ Tallinn Registered 28 May 2021
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Icebreaker Fund Management Estonia OÜ is a OÜ based in Tallinn, registry code 16240261, status: active. Main activity: Financial consulting. Its annual report for 2025 shows revenue of €296 520 and 1 employees.

Turnover
—
State taxes
6 762 €
↓ 62.9% vs Q2 2026
Labour taxes
7 026 €
↓ 62.9% vs Q2 2026
Employees
—

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

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

  • Revenue · 2025 296 520 €
    industry median 3 200 € · companies in the industry: 1 215
  • Net profit margin · 2025 -49.0 %
    industry median 23.7 % · companies in the industry: 667

Taxes and turnover

Q4 2023 – Q3 2026
Labour taxes per employee, € Q3 2024: 26 632 € · −40.3% vs Q2 2024 · industry median 2 155 € · above 98% of the industry
010 00020 00030 00040 00050 000Q4 2023 Company: 19 558 € Industry median: 2 204 €Q4·23Q1 2024 Company: 27 810 € Industry median: 2 519 €Q2 2024 Company: 44 643 € Industry median: 2 244 €Q2·24Q3 2024 Company: 26 632 € Industry median: 2 155 €Q4 2024 Company: — Industry median: 2 169 €Q4·24Q1 2025 Company: — Industry median: 2 294 €Q2 2025 Company: — Industry median: 2 197 €Q2·25Q3 2025 Company: — Industry median: 2 337 €Q4 2025 Company: — Industry median: 2 337 €Q4·25Q1 2026 Company: — Industry median: 2 256 €Q2 2026 Company: — Industry median: 2 325 €Q2·26Q3 2026 Company: — Industry median: 2 338 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: — Industry median: 2 169 €Q1 2025 Company: — Industry median: 2 294 €Q1·25Q2 2025 Company: — Industry median: 2 197 €Q3 2025 Company: — Industry median: 2 337 €Q3·25Q4 2025 Company: — Industry median: 2 337 €Q1 2026 Company: — Industry median: 2 256 €Q1·26Q2 2026 Company: — Industry median: 2 325 €Q3 2026 Company: — 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 Q1 2025: 1 · +0.0% vs Q4 2024
0.00.51.01.52.0Q4 2023 Company: 2Q4·23Q1 2024 Company: 2Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: —Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: —Q3 2025 Company: —Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
State taxes, € thousand Q3 2026: 6 762 € · −62.9% vs Q2 2026
0255075100125Q4 2023 Company: 37 585 €Q4·23Q1 2024 Company: 54 660 €Q2 2024 Company: 42 888 €Q2·24Q3 2024 Company: 24 569 €Q4 2024 Company: —Q4·24Q1 2025 Company: —Q2 2025 Company: 10 842 €Q2·25Q3 2025 Company: 111 302 €Q4 2025 Company: 27 833 €Q4·25Q1 2026 Company: 27 518 €Q2 2026 Company: 18 249 €Q2·26Q3 2026 Company: 6 762 €Q3·260255075100125Q4 2024 Company: —Q1 2025 Company: —Q1·25Q2 2025 Company: 10 842 €Q3 2025 Company: 111 302 €Q3·25Q4 2025 Company: 27 833 €Q1 2026 Company: 27 518 €Q1·26Q2 2026 Company: 18 249 €Q3 2026 Company: 6 762 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 6 762 7 026 —
Q2 2026 — 18 249 18 935 —
Q1 2026 — 27 518 28 538 —
Q4 2025 — 27 833 28 846 —
Q3 2025 — 111 302 115 382 —
Q2 2025 — 10 842 11 722 —
Q1 2025 — — — 1
Q4 2024 — — — 1
Q3 2024 — 24 569 26 632 1
Q2 2024 — 42 888 44 643 1
Q1 2024 — 54 660 55 620 2
Q4 2023 — 37 585 39 116 2
Q3 2023 — 68 300 71 608 2
Q2 2023 — 52 908 52 608 2
Q1 2023 — 173 844 181 764 2
Q4 2022 — — — 1
Q2 2022 — 7 500 7 496 —
Q1 2022 — 5 380 5 380 —

Financials by year

2021 – 2025
Revenue, € thousand 2025: 296 520 € · −24.1% vs 2024 · industry median 3 200 € · above 90% of the industry
02004006008002021 Company: 40 000 € Industry median: 4 200 €20212022 Company: 417 700 € Industry median: 3 539 €20222023 Company: 634 080 € Industry median: 3 094 €20232024 Company: 390 528 € Industry median: 3 510 €20242025 Company: 296 520 € Industry median: 3 200 €202502004006008002021 Company: 40 000 € Industry median: 4 200 €20212022 Company: 417 700 € Industry median: 3 539 €2023 Company: 634 080 € Industry median: 3 094 €20232024 Company: 390 528 € Industry median: 3 510 €2025 Company: 296 520 € Industry median: 3 200 €2025
  • 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 2025: -145 356 € · −193.3% vs 2024 · industry median 80 € · above 2% of the industry
-200-10001002002021 Company: 2 083 € Industry median: 269 €20212022 Company: 1 € Industry median: 0 €20222023 Company: 8 188 € Industry median: 10 €20232024 Company: 155 809 € Industry median: 165 €20242025 Company: -145 356 € Industry median: 80 €2025-200-10001002002021 Company: 2 083 € Industry median: 269 €20212022 Company: 1 € Industry median: 0 €2023 Company: 8 188 € Industry median: 10 €20232024 Company: 155 809 € Industry median: 165 €2025 Company: -145 356 € Industry median: 80 €2025
  • 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, % 2025: -49.0 % · −88.9 pp vs the year before · industry median 23.7 % · above 10% of the industry
-60-40-20020402021 Company: 5.2 % Industry median: 27.0 %20212022 Company: 0.0 % Industry median: 20.8 %20222023 Company: 1.3 % Industry median: 21.6 %20232024 Company: 39.9 % Industry median: 23.7 %20242025 Company: -49.0 % Industry median: 23.7 %2025-60-40-20020402021 Company: 5.2 % Industry median: 27.0 %20212022 Company: 0.0 % Industry median: 20.8 %2023 Company: 1.3 % Industry median: 21.6 %20232024 Company: 39.9 % Industry median: 23.7 %2025 Company: -49.0 % Industry median: 23.7 %2025
  • 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 2025: 115 972 € · −49.4% vs 2024
0501001502002502021 Company: 21 898 €20212022 Company: 204 597 €20222023 Company: 133 828 €20232024 Company: 229 308 €20242025 Company: 115 972 €20250501001502002502021 Company: 21 898 €20212022 Company: 204 597 €2023 Company: 133 828 €20232024 Company: 229 308 €2025 Company: 115 972 €2025
Equity, € thousand 2025: 23 224 € · −86.2% vs 2024
0501001502002021 Company: 4 583 €20212022 Company: 4 584 €20222023 Company: 12 771 €20232024 Company: 168 580 €20242025 Company: 23 224 €20250501001502002021 Company: 4 583 €20212022 Company: 4 584 €2023 Company: 12 771 €20232024 Company: 168 580 €2025 Company: 23 224 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.51.01.52.02021 Company: 0 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 2 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 1 Industry median: 120250.00.51.01.52.02021 Company: 0 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 2 Industry median: 120232024 Company: 1 Industry median: 12025 Company: 1 Industry median: 12025
  • 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
2025 296 520 -145 356 411 130 115 972 23 224 1
2024 390 528 155 809 16 494 229 308 168 580 1
2023 634 080 8 188 31 457 133 828 12 771 2
2022 417 700 1 33 493 204 597 4 584 1
2021 40 000 2 083 22 410 21 898 4 583 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
-49.0 %
Net profit / revenue
Return on equity (ROE)
-625.9 %
Net profit / equity
Return on assets (ROA)
-125.3 %
Net profit / assets
Equity ratio
20.0 %
Equity / assets
Debt ratio
80.0 %
Liabilities / assets
Current ratio
2.91
Current assets / current liabilities
Revenue per employee
296 520 €
Revenue / average full-time employees
Labour cost per employee per month
34 261 €
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 30 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 10 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 1 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 27 Sep 2023 Company’s own e-Äriregister
2021 28 May 2021 – 31 Dec 2021 30 Jun 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

  • Icebreaker Fund Management OY
    Legal person · 2 500 €

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 66191Financial consulting Main
Rulings
Number, date Title Deadline State Document
Ä 50175074 / 11
4 Aug 2026
Amendment under Code of Civil Procedure § 595¹ (1) In force
4 Aug 2026
PDF
Ä 50175074 / M2
8 May 2026
Ruling to eliminate deficiencies 22 May 2026 Deficiencies eliminated
8 May 2026
PDF
Ä 50175074 / 10
8 May 2026
Amendment entry In force
8 May 2026
PDF
Ä 50175074 / 9
27 Mar 2026
Entry refused: deficiencies not eliminated In force
24 Apr 2026
PDF
Ä 50175074 / M1
27 Feb 2026
Ruling to eliminate deficiencies 14 Mar 2026 In force
17 Mar 2026
PDF
Ä 50175074 / 8
18 Mar 2025
Amendment under Code of Civil Procedure § 595¹ (1) In force
18 Mar 2025
PDF
Ä 50175074 / 7
17 Jul 2024
Amendment entry In force
17 Jul 2024
PDF
Ä 50175074 / 6
3 Sep 2023
Amendment entry In force
3 Sep 2023
PDF
Ä 50175074 / 5
14 Feb 2023
Amendment entry In force
14 Feb 2023
PDF
Ä 50175074 / 4
1 Jul 2022
Amendment entry In force
1 Jul 2022
PDF
Ä 50175074 / 3
26 Aug 2021
Amendment entry In force
26 Aug 2021
PDF
Ä 50175074 / 2
8 Jun 2021
Amendment entry In force
8 Jun 2021
PDF
Ä 50175074
28 May 2021
First entry In force
28 May 2021
PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data