Vrtcl OÜ

Active Registry code 16281254 OÜ Tallinn Registered 30 Jul 2021

Vrtcl OÜ is a OÜ based in Tallinn, registry code 16281254, status: active. Main activity: Other software publishing. According to EMTA, turnover for Q3 2026 was €76 677 with employees.

Turnover

76 677 €

↓ 39.2% vs Q2 2026

State taxes

23 920 €

↑ 1.5% vs Q2 2026

Labour taxes

25 664 €

↑ 0.9% vs Q2 2026

Employees

—

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

Position in the industry Publishing activities · EMTAK 58

Turnover · Q3 2026 76 677 €

above 80% of companies

industry median 9 319 € · companies in the industry: 766
Revenue · 2025 1 005 €

above 40% of companies

industry median 5 175 € · companies in the industry: 1 328
Net profit margin · 2025 -85 832.1 %

above 2% of companies

industry median 4.4 % · companies in the industry: 825

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 76 677 € · −39.2% vs Q2 2026 · industry median 9 319 € · above 80% of the industry

Company
Industry median

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

Labour taxes per employee, € Q2 2026: 12 712 € · +37.9% vs Q1 2026 · industry median 1 943 € · above 98% of the industry

Company
Industry median

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

Employees Q2 2026: 2 · −33.3% vs Q1 2026

State taxes, € Q3 2026: 23 920 € · +1.5% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	76 677	23 920	25 664	—
Q2 2026	126 136	23 570	25 423	2
Q1 2026	181 239	25 693	27 645	3
Q4 2025	146 109	27 221	29 061	3
Q3 2025	51 559	27 059	28 883	4
Q2 2025	36 774	36 104	38 360	3
Q1 2025	116 869	33 962	36 142	4
Q4 2024	134 718	33 145	35 322	4
Q3 2024	146 474	33 143	35 322	4
Q2 2024	155 232	40 091	42 935	4
Q1 2024	146 977	34 708	37 251	5
Q4 2023	165 650	52 401	55 816	4
Q3 2023	120 268	35 305	37 749	5
Q2 2023	84 386	32 219	34 389	5
Q1 2023	83 520	26 215	27 794	5
Q4 2022	83 658	19 472	20 956	4
Q3 2022	47 763	12 645	13 685	4
Q2 2022	12 874	4 498	4 830	3
Q1 2022	88	—	—	1

Financials by year

2022 – 2025

Revenue, € 2025: 1 005 € · −93.9% vs 2024 · industry median 5 175 € · above 40% of the industry

Company
Industry median

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

Net profit, € thousand 2025: -862 613 € · +67.8% vs 2024 · industry median 0 € · above 2% of the industry

Company
Industry median

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

Net profit margin, % 2025: -85 832.1 % · −69 472.7 pp vs the year before · industry median 4.4 % · above 2% of the industry

Company
Industry median

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

Assets, € thousand 2025: 997 282 € · +255.0% vs 2024

Equity, € thousand 2025: 871 648 € · +447.3% vs 2024

Employees 2025: 3 · −25.0% vs 2024 · industry median 1 · above 75% of the industry

Company
Industry median

Industry: Publishing 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	1 005	-862 613	115 834	997 282	871 648	3
2024	16 393	-2 681 797	97 909	280 926	159 261	4
2023	10 615	-514 677	407 244	1 561 261	1 421 058	5
2022	—	-145 996	141 307	536 779	-143 496	4

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

-85 832.1 %

Net profit / revenue

Return on equity (ROE)

-99.0 %

Net profit / equity

Return on assets (ROA)

-86.5 %

Net profit / assets

Equity ratio

87.4 %

Equity / assets

Debt ratio

12.6 %

Liabilities / assets

Current ratio

5.40

Current assets / current liabilities

Revenue per employee

335 €

Revenue / average full-time employees

Labour cost per employee per month

3 218 €

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	29 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	29 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	1 Jul 2024	Company’s own	e-Äriregister
2022	30 Jul 2021 – 31 Dec 2022	3 Jul 2023	Company’s own	e-Äriregister

Board

Sergei Verbitski
Board member · since 30 Jul 2021

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Server Partners OÜ
Legal person · 14091348 · 10 124 €

86.79%
Element Global Technologies Private Portfolio Ltd
Legal person · 746 €

6.40%
Broocknell Holdings Limited
Legal person · 248 €

2.13%
GetAdvert OÜ
Legal person · 12866785 · 248 €

2.13%
Garri Zmudze
Natural person · 248 €

2.13%
Laush OÜ
Legal person · 11283834 · 49 €

0.42%

Beneficial owners

Sergei Verbitski
Indirect ownership · since 30 Jul 2021

Founders and other persons

Server Partners OÜ
Founder · 2 500 € · 30 Jul 2021

shared board members, owners or beneficial owners

Activities (EMTAK)

58291Other software publishing Main

Rulings 8

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50179428 / 5 28 Jan 2026	Amendment entry		In force 28 Jan 2026	PDF
Ä 50179428 / M3 13 Jan 2026	Ruling to eliminate deficiencies	29 Jan 2026	Deficiencies eliminated 28 Jan 2026	PDF
Ä 50179428 / M2 30 Dec 2025	Ruling to eliminate deficiencies	20 Jan 2026	Deficiencies eliminated 28 Jan 2026	PDF
Ä 50179428 / 4 24 May 2024	Amendment entry		In force 24 May 2024	PDF
Ä 50179428 / 3 23 Mar 2023	Amendment entry		In force 23 Mar 2023	PDF
Ä 50179428 / M1 20 Mar 2023	Ruling to eliminate deficiencies	19 Apr 2023	Deficiencies eliminated 23 Mar 2023	PDF
Ä 50179428 / 2 11 Jul 2022	Amendment under Commercial Code § 525 (2)		In force 11 Jul 2022	PDF
Ä 50179428 30 Jul 2021	First entry		In force 30 Jul 2021	PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data

Vrtcl OÜ

Position in the industry Publishing activities · EMTAK 58

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 8