Area9 Excellence Center Europe OÜ is a OÜ based in Tallinn, registry code 16293866, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €120 114 with 8 employees.
Turnover
120 114 €
↓ 12.8%vs Q2 2026
State taxes
44 664 €
↓ 15.2%vs Q2 2026
Labour taxes
48 389 €
↓ 15.9%vs Q2 2026
Employees
8
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Computer programming, consultancy and related activities · EMTAK 62
Turnover · Q3 2026120 114 €
above 84% of companies
industry median 19 078 € · companies in the industry: 7 345
Labour taxes per employee6 049 €
above 82% of companies
industry median 2 345 € · companies in the industry: 2 783
Revenue · 2025492 814 €
above 92% of companies
industry median 14 309 € · companies in the industry: 13 336
Net profit margin · 2025-0.2 %
above 28% of companies
industry median 15.1 % · companies in the industry: 8 943
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 120 114 € · −12.8% vs Q2 2026 · industry median 19 078 € · above 84% of the industry
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.
Labour taxes per employee, € Q3 2026: 6 049 € · −15.9% vs Q2 2026 · industry median 2 345 € · above 82% of the industry
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.
EmployeesQ3 2026: 8 · +0.0% vs Q2 2026State taxes, € Q3 2026: 44 664 € · −15.2% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
120 114
44 664
48 389
8
Q2 2026
137 787
52 653
57 511
8
Q1 2026
144 300
51 974
56 565
11
Q4 2025
145 304
55 688
60 302
11
Q3 2025
125 620
42 027
45 759
10
Q2 2025
106 259
38 267
41 446
9
Q1 2025
96 922
35 015
37 770
8
Q4 2024
107 672
42 900
46 007
8
Q3 2024
142 527
55 115
58 634
10
Q2 2024
152 733
57 280
61 059
11
Q1 2024
207 544
85 178
90 591
13
Q4 2023
226 028
83 634
89 186
20
Q3 2023
223 475
81 952
87 836
23
Q2 2023
227 013
84 357
90 435
23
Q1 2023
241 996
87 381
93 155
24
Q4 2022
247 283
88 488
95 120
27
Q3 2022
253 309
87 563
94 014
25
Q2 2022
208 922
66 657
71 616
28
Q1 2022
198 679
69 999
75 373
23
Labour taxes per employee per month
2 016 €
Turnover per employee in the quarter
15 014 €
Q3 2026 · calculated from EMTA data
Financials by year
2022 – 2025
Revenue, € thousand 2025: 492 814 € · −8.8% vs 2024 · industry median 14 309 € · above 92% of the industry
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, € 2025: -1 222 € · −109.0% vs 2024 · industry median 106 € · above 23% of the industry
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: -0.2 % · −2.8 pp vs the year before · industry median 15.1 % · above 28% of the industry
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: 149 625 € · +23.5% vs 2024Equity, € 2025: 78 123 € · −1.5% vs 2024Employees2025: 9 · −10.0% vs 2024 · industry median 1 · above 94% of the industry
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
492 814
-1 222
458 417
149 625
78 123
9
2024
540 486
13 606
499 387
121 134
79 345
10
2023
932 327
27 340
869 415
172 582
65 739
20
2022
1 118 996
35 899
1 029 567
162 386
38 399
22
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
-0.2 %
Net profit / revenue
Return on equity (ROE)
-1.6 %
Net profit / equity
Return on assets (ROA)
-0.8 %
Net profit / assets
Equity ratio
52.2 %
Equity / assets
Debt ratio
47.8 %
Liabilities / assets
Current ratio
2.09
Current assets / current liabilities
Revenue per employee
54 757 €
Revenue / average full-time employees
Labour cost per employee per month
4 245 €
Labour costs / employees / 12 months (incl. employer taxes)
