INNOVATION ADVISORY OÜ

Active Registry code 16505357 OÜ Tallinn Registered 23 May 2022
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INNOVATION ADVISORY OÜ is a OÜ based in Tallinn, registry code 16505357, status: active. Main activity: Business and other management consultancy activities. According to EMTA, turnover for Q3 2026 was €62 429 with employees.

Turnover
62 429 €
↑ 186.5% vs Q2 2026
State taxes
—
Labour taxes
—
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 62 429 €
    industry median 13 705 € · companies in the industry: 4 338
  • Revenue · 2025 219 345 €
    industry median 10 800 € · companies in the industry: 9 687
  • Net profit margin · 2025 61.0 %
    industry median 22.0 % · companies in the industry: 6 494

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 62 429 € · +186.5% vs Q2 2026 · industry median 13 705 € · above 86% of the industry
050100150200Q4 2023 Company: 174 600 € Industry median: 15 091 €Q4·23Q1 2024 Company: 88 096 € Industry median: 14 762 €Q2 2024 Company: 28 973 € Industry median: 14 762 €Q2·24Q3 2024 Company: 142 273 € Industry median: 14 140 €Q4 2024 Company: 64 391 € Industry median: 15 052 €Q4·24Q1 2025 Company: 1 000 € Industry median: 14 703 €Q2 2025 Company: 194 € Industry median: 13 688 €Q2·25Q3 2025 Company: 95 788 € Industry median: 13 984 €Q4 2025 Company: 128 069 € Industry median: 14 505 €Q4·25Q1 2026 Company: 129 930 € Industry median: 14 237 €Q2 2026 Company: 21 794 € Industry median: 14 128 €Q2·26Q3 2026 Company: 62 429 € Industry median: 13 705 €Q3·26050100150Q4 2024 Company: 64 391 € Industry median: 15 052 €Q1 2025 Company: 1 000 € Industry median: 14 703 €Q1·25Q2 2025 Company: 194 € Industry median: 13 688 €Q3 2025 Company: 95 788 € Industry median: 13 984 €Q3·25Q4 2025 Company: 128 069 € Industry median: 14 505 €Q1 2026 Company: 129 930 € Industry median: 14 237 €Q1·26Q2 2026 Company: 21 794 € Industry median: 14 128 €Q3 2026 Company: 62 429 € 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 2024: 0 €
01 0002 0003 0004 000Q4 2023 Company: —Q4·23Q1 2024 Company: 3 210 €Q2 2024 Company: —Q2·24Q3 2024 Company: 0 €Q4 2024 Company: —Q4·24Q1 2025 Company: —Q2 2025 Company: —Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 62 429 — — —
Q2 2026 21 794 — — —
Q1 2026 129 930 — — —
Q4 2025 128 069 — — —
Q3 2025 95 788 — — —
Q2 2025 194 — — —
Q1 2025 1 000 — — —
Q4 2024 64 391 — — —
Q3 2024 142 273 — — —
Q2 2024 28 973 — — —
Q1 2024 88 096 3 210 — —
Q4 2023 174 600 — — —
Q3 2023 51 237 — — —
Q2 2023 1 520 — — —
Q1 2023 14 660 — — —
Q4 2022 78 564 — — —
Q3 2022 105 447 — — —

Financials by year

2022 – 2025
Revenue, € thousand 2025: 219 345 € · +64.0% vs 2024 · industry median 10 800 € · above 94% of the industry
0501001502002502022 Company: 104 780 € Industry median: 10 945 €20222023 Company: 172 677 € Industry median: 11 079 €20232024 Company: 133 775 € Industry median: 10 766 €20242025 Company: 219 345 € Industry median: 10 800 €20250501001502002502022 Company: 104 780 € Industry median: 10 945 €2023 Company: 172 677 € Industry median: 11 079 €20232024 Company: 133 775 € Industry median: 10 766 €2025 Company: 219 345 € 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: 133 824 € · +3 774.5% vs 2024 · industry median 284 € · above 94% of the industry
0501001502022 Company: 5 573 € Industry median: 470 €20222023 Company: 37 334 € Industry median: 681 €20232024 Company: 3 454 € Industry median: 538 €20242025 Company: 133 824 € Industry median: 284 €20250501001502022 Company: 5 573 € Industry median: 470 €2023 Company: 37 334 € Industry median: 681 €20232024 Company: 3 454 € Industry median: 538 €2025 Company: 133 824 € 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: 61.0 % · +58.4 pp vs the year before · industry median 22.0 % · above 72% of the industry
0204060802022 Company: 5.3 % Industry median: 27.6 %20222023 Company: 21.6 % Industry median: 28.4 %20232024 Company: 2.6 % Industry median: 25.0 %20242025 Company: 61.0 % Industry median: 22.0 %20250204060802022 Company: 5.3 % Industry median: 27.6 %2023 Company: 21.6 % Industry median: 28.4 %20232024 Company: 2.6 % Industry median: 25.0 %2025 Company: 61.0 % 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: 187 524 € · +276.1% vs 2024
0501001502002022 Company: 8 073 €20222023 Company: 48 578 €20232024 Company: 49 861 €20242025 Company: 187 524 €20250501001502002022 Company: 8 073 €2023 Company: 48 578 €20232024 Company: 49 861 €2025 Company: 187 524 €2025
Equity, € thousand 2025: 182 685 € · +273.9% vs 2024
0501001502002022 Company: 8 073 €20222023 Company: 45 407 €20232024 Company: 48 861 €20242025 Company: 182 685 €20250501001502002022 Company: 8 073 €2023 Company: 45 407 €20232024 Company: 48 861 €2025 Company: 182 685 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02022 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 219 345 133 824 0 187 524 182 685 0
2024 133 775 3 454 0 49 861 48 861 0
2023 172 677 37 334 0 48 578 45 407 0
2022 104 780 5 573 0 8 073 8 073 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
61.0 %
Net profit / revenue
Return on equity (ROE)
73.3 %
Net profit / equity
Return on assets (ROA)
71.4 %
Net profit / assets
Equity ratio
97.4 %
Equity / assets
Debt ratio
2.6 %
Liabilities / assets
Current ratio
38.75
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 9 Feb 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 19 Jan 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 16 Apr 2024 Company’s own e-Äriregister
2022 23 May 2022 – 31 Dec 2022 29 Mar 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

Founders and other persons

Activities (EMTAK)

  • 70201Business and other management consultancy activities Main
Rulings
Number, date Title Deadline State Document
Ä 50202295 / 5
7 Apr 2024
Amendment entry In force
7 Apr 2024
PDF
Ä 50202295 / 4
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50202295 / 3
12 Apr 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
12 Apr 2023
PDF
Ä 50202295 / 2
27 Jun 2022
Amendment entry In force
27 Jun 2022
PDF
Ä 50202295
23 May 2022
First entry In force
23 May 2022
PDF
Ä 50202295 / M1
6 May 2022
Ruling to eliminate deficiencies 5 Jun 2022 Deficiencies eliminated
23 May 2022
PDF

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