Elbax OÜ

Active Registry code 16285697 OÜ Tallinn Registered 5 Aug 2021
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Elbax OÜ is a OÜ based in Tallinn, registry code 16285697, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €623 131 with employees.

Turnover
623 131 €
↓ 17.9% vs Q2 2026
State taxes
0 €
Labour taxes
0 €
Employees
—

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

Position in the industry Computer programming, consultancy and related activities · EMTAK 62

  • Turnover · Q3 2026 623 131 €
    industry median 19 078 € · companies in the industry: 7 345
  • Revenue · 2025 3.5 mn €
    industry median 14 309 € · companies in the industry: 13 336
  • Net profit margin · 2025 -3.0 %
    industry median 15.1 % · companies in the industry: 8 943

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 623 131 € · −17.9% vs Q2 2026 · industry median 19 078 € · above 98% of the industry
01 0002 0003 0004 000Q4 2023 Company: 143 290 € Industry median: 20 666 €Q4·23Q1 2024 Company: 306 038 € Industry median: 20 684 €Q2 2024 Company: 3 091 600 € Industry median: 20 460 €Q2·24Q3 2024 Company: 397 897 € Industry median: 19 818 €Q4 2024 Company: 259 979 € Industry median: 20 482 €Q4·24Q1 2025 Company: 1 943 112 € Industry median: 20 692 €Q2 2025 Company: 930 536 € Industry median: 21 060 €Q2·25Q3 2025 Company: 937 654 € Industry median: 20 327 €Q4 2025 Company: 1 666 994 € Industry median: 21 191 €Q4·25Q1 2026 Company: 808 526 € Industry median: 20 665 €Q2 2026 Company: 758 602 € Industry median: 20 000 €Q2·26Q3 2026 Company: 623 131 € Industry median: 19 078 €Q3·2605001 0001 5002 000Q4 2024 Company: 259 979 € Industry median: 20 482 €Q1 2025 Company: 1 943 112 € Industry median: 20 692 €Q1·25Q2 2025 Company: 930 536 € Industry median: 21 060 €Q3 2025 Company: 937 654 € Industry median: 20 327 €Q3·25Q4 2025 Company: 1 666 994 € Industry median: 21 191 €Q1 2026 Company: 808 526 € Industry median: 20 665 €Q1·26Q2 2026 Company: 758 602 € Industry median: 20 000 €Q3 2026 Company: 623 131 € Industry median: 19 078 €Q3·26
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 0 €
0200400600Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: 0 €Q2·24Q3 2024 Company: —Q4 2024 Company: 0 €Q4·24Q1 2025 Company: —Q2 2025 Company: —Q2·25Q3 2025 Company: 0 €Q4 2025 Company: —Q4·25Q1 2026 Company: 536 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 0 €Q3·260200400600Q4 2024 Company: 0 €Q1 2025 Company: —Q1·25Q2 2025 Company: —Q3 2025 Company: 0 €Q3·25Q4 2025 Company: —Q1 2026 Company: 536 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 623 131 — — —
Q2 2026 758 602 — — —
Q1 2026 808 526 536 — —
Q4 2025 1 666 994 — — —
Q3 2025 937 654 — — —
Q2 2025 930 536 — — —
Q1 2025 1 943 112 — — —
Q4 2024 259 979 — — —
Q3 2024 397 897 — — —
Q2 2024 3 091 600 — — —
Q1 2024 306 038 — — —
Q4 2023 143 290 — — —
Q3 2023 1 020 939 — — —
Q2 2023 667 630 — — —
Q1 2023 61 679 — — —
Q4 2022 655 130 — — —
Q3 2022 507 364 1 026 — —
Q2 2022 483 018 — — —
Q1 2022 529 461 — — —

Financials by year

2021 – 2025
Revenue, € thousand 2025: 3 528 166 € · +17.1% vs 2024 · industry median 14 309 € · above 98% of the industry
01 0002 0003 0004 0002021 Company: 912 421 € Industry median: 13 105 €20212022 Company: 1 575 787 € Industry median: 15 007 €20222023 Company: 1 475 488 € Industry median: 15 500 €20232024 Company: 3 014 139 € Industry median: 13 785 €20242025 Company: 3 528 166 € Industry median: 14 309 €202501 0002 0003 0004 0002021 Company: 912 421 € Industry median: 13 105 €20212022 Company: 1 575 787 € Industry median: 15 007 €2023 Company: 1 475 488 € Industry median: 15 500 €20232024 Company: 3 014 139 € Industry median: 13 785 €2025 Company: 3 528 166 € Industry median: 14 309 €2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -106 839 € · +62.6% vs 2024 · industry median 106 € · above 2% of the industry
-50005001 0002021 Company: 846 141 € Industry median: 829 €20212022 Company: 368 397 € Industry median: 300 €20222023 Company: -474 642 € Industry median: 383 €20232024 Company: -285 436 € Industry median: 249 €20242025 Company: -106 839 € Industry median: 106 €2025-50005001 0002021 Company: 846 141 € Industry median: 829 €20212022 Company: 368 397 € Industry median: 300 €2023 Company: -474 642 € Industry median: 383 €20232024 Company: -285 436 € Industry median: 249 €2025 Company: -106 839 € Industry median: 106 €2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -3.0 % · +6.4 pp vs the year before · industry median 15.1 % · above 24% of the industry
-50-2502550751002021 Company: 92.7 % Industry median: 23.6 %20212022 Company: 23.4 % Industry median: 19.1 %20222023 Company: -32.2 % Industry median: 17.8 %20232024 Company: -9.5 % Industry median: 16.3 %20242025 Company: -3.0 % Industry median: 15.1 %2025-50-2502550751002021 Company: 92.7 % Industry median: 23.6 %20212022 Company: 23.4 % Industry median: 19.1 %2023 Company: -32.2 % Industry median: 17.8 %20232024 Company: -9.5 % Industry median: 16.3 %2025 Company: -3.0 % Industry median: 15.1 %2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 401 991 € · −14.8% vs 2024
02505007501 0001 2502021 Company: 846 243 €20212022 Company: 1 214 592 €20222023 Company: 741 723 €20232024 Company: 471 619 €20242025 Company: 401 991 €202502505007501 0001 2502021 Company: 846 243 €20212022 Company: 1 214 592 €2023 Company: 741 723 €20232024 Company: 471 619 €2025 Company: 401 991 €2025
Equity, € thousand 2025: 345 254 € · −23.6% vs 2024
02505007501 0001 2502021 Company: 846 141 €20212022 Company: 1 214 538 €20222023 Company: 737 529 €20232024 Company: 452 093 €20242025 Company: 345 254 €202502505007501 0001 2502021 Company: 846 141 €20212022 Company: 1 214 538 €2023 Company: 737 529 €20232024 Company: 452 093 €2025 Company: 345 254 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02021 Company: 1 Industry median: 120212022 Company: 1 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: 1 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related 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 3 528 166 -106 839 0 401 991 345 254 0
2024 3 014 139 -285 436 0 471 619 452 093 0
2023 1 475 488 -474 642 0 741 723 737 529 0
2022 1 575 787 368 397 0 1 214 592 1 214 538 1
2021 912 421 846 141 0 846 243 846 141 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

Net profit margin
-3.0 %
Net profit / revenue
Return on equity (ROE)
-30.9 %
Net profit / equity
Return on assets (ROA)
-26.6 %
Net profit / assets
Equity ratio
85.9 %
Equity / assets
Debt ratio
14.1 %
Liabilities / assets
Current ratio
7.09
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 6 Jul 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 16 May 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 27 May 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 25 Jan 2023 Company’s own e-Äriregister
2021 5 Aug 2021 – 31 Dec 2021 25 Jan 2023 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

Beneficial owners

  • Kiryl Laba
    Direct ownership · BLR · since 6 Aug 2021

Founders and other persons

Activities (EMTAK)

  • 62101Computer programming activities Main

Rulings 3

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50179903 / 3
2 Sep 2023
 Amendment entry In force
2 Sep 2023
 PDF
Ä 50179903 / 2
3 May 2023
 Amendment entry In force
3 May 2023
 PDF
Ä 50179903
5 Aug 2021
 First entry In force
5 Aug 2021
 PDF

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