Puzzles IT OÜ

Active Registry code 16552842 OÜ Tallinn Registered 12 Aug 2022
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Puzzles IT OÜ is a OÜ based in Tallinn, registry code 16552842, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €21 880 with employees.

Turnover
21 880 €
↑ 26.7% vs Q2 2026
State taxes
—
Labour taxes
—
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 21 880 €
    industry median 19 078 € · companies in the industry: 7 345
  • Revenue · 2025 142 780 €
    industry median 14 309 € · companies in the industry: 13 336
  • Net profit margin · 2025 -4.0 %
    industry median 15.1 % · companies in the industry: 8 943

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 21 880 € · +26.7% vs Q2 2026 · industry median 19 078 € · above 54% of the industry
020 00040 00060 000Q4 2023 Company: 16 053 € Industry median: 20 666 €Q4·23Q1 2024 Company: 26 043 € Industry median: 20 684 €Q2 2024 Company: 48 823 € Industry median: 20 460 €Q2·24Q3 2024 Company: 53 766 € Industry median: 19 818 €Q4 2024 Company: 51 793 € Industry median: 20 482 €Q4·24Q1 2025 Company: 43 782 € Industry median: 20 692 €Q2 2025 Company: 53 258 € Industry median: 21 060 €Q2·25Q3 2025 Company: 36 798 € Industry median: 20 327 €Q4 2025 Company: 30 453 € Industry median: 21 191 €Q4·25Q1 2026 Company: 1 783 € Industry median: 20 665 €Q2 2026 Company: 17 263 € Industry median: 20 000 €Q2·26Q3 2026 Company: 21 880 € Industry median: 19 078 €Q3·26020 00040 00060 000Q4 2024 Company: 51 793 € Industry median: 20 482 €Q1 2025 Company: 43 782 € Industry median: 20 692 €Q1·25Q2 2025 Company: 53 258 € Industry median: 21 060 €Q3 2025 Company: 36 798 € Industry median: 20 327 €Q3·25Q4 2025 Company: 30 453 € Industry median: 21 191 €Q1 2026 Company: 1 783 € Industry median: 20 665 €Q1·26Q2 2026 Company: 17 263 € Industry median: 20 000 €Q3 2026 Company: 21 880 € 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, € Q2 2026: 0 €
0.00.00.00.00.00.0Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: —Q2·24Q3 2024 Company: —Q4 2024 Company: —Q4·24Q1 2025 Company: —Q2 2025 Company: —Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: 0 €Q2·26Q3 2026 Company: —Q3·260.00.00.00.00.00.0Q4 2024 Company: —Q1 2025 Company: —Q1·25Q2 2025 Company: —Q3 2025 Company: —Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: 0 €Q3 2026 Company: —Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 21 880 — — —
Q2 2026 17 263 — — —
Q1 2026 1 783 — — —
Q4 2025 30 453 — — —
Q3 2025 36 798 — — —
Q2 2025 53 258 — — —
Q1 2025 43 782 — — —
Q4 2024 51 793 — — —
Q3 2024 53 766 — — —
Q2 2024 48 823 — — —
Q1 2024 26 043 — — —
Q4 2023 16 053 — — —
Q3 2023 14 600 — — —
Q2 2023 20 734 — — —
Q1 2023 3 777 — — —

Financials by year

2023 – 2025
Revenue, € thousand 2025: 142 780 € · −25.2% vs 2024 · industry median 14 309 € · above 83% of the industry
0501001502002023 Company: 98 474 € Industry median: 15 500 €20232024 Company: 190 885 € Industry median: 13 785 €20242025 Company: 142 780 € Industry median: 14 309 €20250501001502002023 Company: 98 474 € Industry median: 15 500 €20232024 Company: 190 885 € Industry median: 13 785 €2025 Company: 142 780 € 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, € 2025: -5 666 € · −247.2% vs 2024 · industry median 106 € · above 14% of the industry
-6 000-4 000-2 00002 0004 0002023 Company: 2 275 € Industry median: 383 €20232024 Company: 3 848 € Industry median: 249 €20242025 Company: -5 666 € Industry median: 106 €2025-6 000-4 000-2 00002 0004 0002023 Company: 2 275 € Industry median: 383 €20232024 Company: 3 848 € Industry median: 249 €2025 Company: -5 666 € 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: -4.0 % · −6.0 pp vs the year before · industry median 15.1 % · above 23% of the industry
-5051015202023 Company: 2.3 % Industry median: 17.8 %20232024 Company: 2.0 % Industry median: 16.3 %20242025 Company: -4.0 % Industry median: 15.1 %2025-5051015202023 Company: 2.3 % Industry median: 17.8 %20232024 Company: 2.0 % Industry median: 16.3 %2025 Company: -4.0 % 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, € 2025: 782 € · −89.6% vs 2024
02 0004 0006 0008 0002023 Company: 2 926 €20232024 Company: 7 553 €20242025 Company: 782 €202502 0004 0006 0008 0002023 Company: 2 926 €20232024 Company: 7 553 €2025 Company: 782 €2025
Equity, € 2025: 458 € · −92.5% vs 2024
02 0004 0006 0008 0002023 Company: 2 275 €20232024 Company: 6 123 €20242025 Company: 458 €202502 0004 0006 0008 0002023 Company: 2 275 €20232024 Company: 6 123 €2025 Company: 458 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.20.40.60.81.02023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 1 Industry median: 120250.00.20.40.60.81.02023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 12025 Company: 1 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 142 780 -5 666 40 397 782 458 1
2024 190 885 3 848 59 291 7 553 6 123 1
2023 98 474 2 275 80 804 2 926 2 275 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
-4.0 %
Net profit / revenue
Return on equity (ROE)
-1 237.1 %
Net profit / equity
Return on assets (ROA)
-724.6 %
Net profit / assets
Equity ratio
58.6 %
Equity / assets
Debt ratio
41.4 %
Liabilities / assets
Current ratio
2.41
Current assets / current liabilities
Revenue per employee
142 780 €
Revenue / average full-time employees
Labour cost per employee per month
3 366 €
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 30 Mar 2025 Company’s own e-Äriregister
2023 12 Aug 2022 – 31 Dec 2023 11 Mar 2024 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

  • Nermedin Džeković
    Member of a senior management body (management or supervisory board) · BIH · since 12 Aug 2022

Founders and other persons

Activities (EMTAK)

  • 62101Computer programming activities Main
Rulings
Number, date Title Deadline State Document
Ä 50208556 / 3
2 Oct 2025
Amendment entry In force
2 Oct 2025
PDF
Ä 50208556 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50208556
12 Aug 2022
First entry In force
12 Aug 2022
PDF

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