TrustLynx OÜ

Active Registry code 16716736 OÜ Tallinn Registered 13 Apr 2023
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TrustLynx OÜ is a OÜ based in Tallinn, registry code 16716736, status: active. Main activity: Computer facilities management activities. According to EMTA, turnover for Q3 2026 was €248 970 with 4 employees.

Turnover
248 970 €
↓ 11.4% vs Q2 2026
State taxes
26 630 €
↑ 10.1% vs Q2 2026
Labour taxes
29 223 €
↑ 10.9% vs Q2 2026
Employees
4
+1 vs 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 2026 248 970 €
    industry median 19 078 € · companies in the industry: 7 345
  • Labour taxes per employee 7 306 €
    industry median 2 345 € · companies in the industry: 2 783
  • Revenue · 2025 859 321 €
    industry median 14 309 € · companies in the industry: 13 336
  • Net profit margin · 2025 -11.2 %
    industry median 15.1 % · companies in the industry: 8 943

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 248 970 € · −11.4% vs Q2 2026 · industry median 19 078 € · above 90% of the industry
0100200300Q4 2023 Company: 123 837 € Industry median: 20 666 €Q4·23Q1 2024 Company: 150 817 € Industry median: 20 684 €Q2 2024 Company: 143 214 € Industry median: 20 460 €Q2·24Q3 2024 Company: 156 512 € Industry median: 19 818 €Q4 2024 Company: 160 033 € Industry median: 20 482 €Q4·24Q1 2025 Company: 266 854 € Industry median: 20 692 €Q2 2025 Company: 189 601 € Industry median: 21 060 €Q2·25Q3 2025 Company: 210 892 € Industry median: 20 327 €Q4 2025 Company: 216 456 € Industry median: 21 191 €Q4·25Q1 2026 Company: 206 846 € Industry median: 20 665 €Q2 2026 Company: 280 960 € Industry median: 20 000 €Q2·26Q3 2026 Company: 248 970 € Industry median: 19 078 €Q3·260100200300Q4 2024 Company: 160 033 € Industry median: 20 482 €Q1 2025 Company: 266 854 € Industry median: 20 692 €Q1·25Q2 2025 Company: 189 601 € Industry median: 21 060 €Q3 2025 Company: 210 892 € Industry median: 20 327 €Q3·25Q4 2025 Company: 216 456 € Industry median: 21 191 €Q1 2026 Company: 206 846 € Industry median: 20 665 €Q1·26Q2 2026 Company: 280 960 € Industry median: 20 000 €Q3 2026 Company: 248 970 € 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.

Labour taxes per employee, € Q3 2026: 7 306 € · −16.8% vs Q2 2026 · industry median 2 345 € · above 88% of the industry
05 00010 00015 00020 000Q4 2023 Company: 7 602 € Industry median: 2 319 €Q4·23Q1 2024 Company: 16 952 € Industry median: 2 529 €Q2 2024 Company: 10 672 € Industry median: 2 514 €Q2·24Q3 2024 Company: 11 005 € Industry median: 2 481 €Q4 2024 Company: 11 005 € Industry median: 2 431 €Q4·24Q1 2025 Company: 6 282 € Industry median: 2 523 €Q2 2025 Company: 9 541 € Industry median: 2 506 €Q2·25Q3 2025 Company: 9 712 € Industry median: 2 577 €Q4 2025 Company: 10 104 € Industry median: 2 632 €Q4·25Q1 2026 Company: 6 320 € Industry median: 2 408 €Q2 2026 Company: 8 780 € Industry median: 2 335 €Q2·26Q3 2026 Company: 7 306 € Industry median: 2 345 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 11 005 € Industry median: 2 431 €Q1 2025 Company: 6 282 € Industry median: 2 523 €Q1·25Q2 2025 Company: 9 541 € Industry median: 2 506 €Q3 2025 Company: 9 712 € Industry median: 2 577 €Q3·25Q4 2025 Company: 10 104 € Industry median: 2 632 €Q1 2026 Company: 6 320 € Industry median: 2 408 €Q1·26Q2 2026 Company: 8 780 € Industry median: 2 335 €Q3 2026 Company: 7 306 € Industry median: 2 345 €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.

Employees Q3 2026: 4 · +33.3% vs Q2 2026
01234Q4 2023 Company: 2Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 2Q2 2025 Company: 2Q2·25Q3 2025 Company: 2Q4 2025 Company: 2Q4·25Q1 2026 Company: 3Q2 2026 Company: 3Q2·26Q3 2026 Company: 4Q3·2601234Q4 2024 Company: 1Q1 2025 Company: 2Q1·25Q2 2025 Company: 2Q3 2025 Company: 2Q3·25Q4 2025 Company: 2Q1 2026 Company: 3Q1·26Q2 2026 Company: 3Q3 2026 Company: 4Q3·26
State taxes, € Q3 2026: 26 630 € · +10.1% vs Q2 2026
010 00020 00030 000Q4 2023 Company: 14 847 €Q4·23Q1 2024 Company: 19 357 €Q2 2024 Company: 9 733 €Q2·24Q3 2024 Company: 10 762 €Q4 2024 Company: 10 151 €Q4·24Q1 2025 Company: 13 945 €Q2 2025 Company: 15 713 €Q2·25Q3 2025 Company: 18 456 €Q4 2025 Company: 19 375 €Q4·25Q1 2026 Company: 17 581 €Q2 2026 Company: 24 196 €Q2·26Q3 2026 Company: 26 630 €Q3·26010 00020 00030 000Q4 2024 Company: 10 151 €Q1 2025 Company: 13 945 €Q1·25Q2 2025 Company: 15 713 €Q3 2025 Company: 18 456 €Q3·25Q4 2025 Company: 19 375 €Q1 2026 Company: 17 581 €Q1·26Q2 2026 Company: 24 196 €Q3 2026 Company: 26 630 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 248 970 26 630 29 223 4
Q2 2026 280 960 24 196 26 341 3
Q1 2026 206 846 17 581 18 961 3
Q4 2025 216 456 19 375 20 208 2
Q3 2025 210 892 18 456 19 424 2
Q2 2025 189 601 15 713 19 081 2
Q1 2025 266 854 13 945 12 564 2
Q4 2024 160 033 10 151 11 005 1
Q3 2024 156 512 10 762 11 005 1
Q2 2024 143 214 9 733 10 672 1
Q1 2024 150 817 19 357 16 952 1
Q4 2023 123 837 14 847 15 203 2
Q3 2023 107 058 8 374 8 502 2
Q2 2023 47 363 420 — 1
Q1 2023 — — — 1
Q4 2022 — — — 1
Q3 2022 — — — 1
Q2 2022 — — — 1
Q1 2022 — — — 1
Labour taxes per employee per month
2 435 €
Turnover per employee in the quarter
62 243 €

Q3 2026 · calculated from EMTA data

Financials by year

2023 – 2025
Revenue, € thousand 2025: 859 321 € · +36.7% vs 2024 · industry median 14 309 € · above 98% of the industry
02004006008001 0002023 Company: 284 659 € Industry median: 15 500 €20232024 Company: 628 441 € Industry median: 13 785 €20242025 Company: 859 321 € Industry median: 14 309 €202502004006008001 0002023 Company: 284 659 € Industry median: 15 500 €20232024 Company: 628 441 € Industry median: 13 785 €2025 Company: 859 321 € 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: -96 411 € · −20.8% vs 2024 · industry median 106 € · above 2% of the industry
-100-500501001502023 Company: 117 548 € Industry median: 383 €20232024 Company: -79 817 € Industry median: 249 €20242025 Company: -96 411 € Industry median: 106 €2025-100-500501001502023 Company: 117 548 € Industry median: 383 €20232024 Company: -79 817 € Industry median: 249 €2025 Company: -96 411 € 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: -11.2 % · +1.5 pp vs the year before · industry median 15.1 % · above 18% of the industry
-2002040602023 Company: 41.3 % Industry median: 17.8 %20232024 Company: -12.7 % Industry median: 16.3 %20242025 Company: -11.2 % Industry median: 15.1 %2025-2002040602023 Company: 41.3 % Industry median: 17.8 %20232024 Company: -12.7 % Industry median: 16.3 %2025 Company: -11.2 % 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: 755 295 € · −30.8% vs 2024
02505007501 0001 2502023 Company: 829 492 €20232024 Company: 1 091 832 €20242025 Company: 755 295 €202502505007501 0001 2502023 Company: 829 492 €20232024 Company: 1 091 832 €2025 Company: 755 295 €2025
Equity, € thousand 2025: 276 320 € · −25.9% vs 2024
01002003004005002023 Company: 452 548 €20232024 Company: 372 731 €20242025 Company: 276 320 €202501002003004005002023 Company: 452 548 €20232024 Company: 372 731 €2025 Company: 276 320 €2025
Employees 2025: 6 · +20.0% vs 2024 · industry median 1 · above 91% of the industry
02462023 Company: 5 Industry median: 120232024 Company: 5 Industry median: 120242025 Company: 6 Industry median: 1202502462023 Company: 5 Industry median: 120232024 Company: 5 Industry median: 12025 Company: 6 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 859 321 -96 411 486 001 755 295 276 320 6
2024 628 441 -79 817 351 103 1 091 832 372 731 5
2023 284 659 117 548 280 215 829 492 452 548 5

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
-11.2 %
Net profit / revenue
Return on equity (ROE)
-34.9 %
Net profit / equity
Return on assets (ROA)
-12.8 %
Net profit / assets
Equity ratio
36.6 %
Equity / assets
Debt ratio
63.4 %
Liabilities / assets
Current ratio
0.32
Current assets / current liabilities
Revenue per employee
143 220 €
Revenue / average full-time employees
Labour cost per employee per month
6 750 €
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 30 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 May 2025 Company’s own e-Äriregister
2023 13 Apr 2023 – 31 Dec 2023 3 Jul 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

  • Keit Kivisild
    Natural person · 4 000 €
  • Edgars Stafeckis
    Natural person · 4 000 €
  • DIGITAL MIND AS
    Legal person · 2 000 €
  • FundingBox Deep Tech Fund spółka z ograniczoną odpowiedzialnością ASI S.K.A.
    Legal person · 324 €
  • Usaldusfond Wise Guys Ventures Fond 2
    Legal person · 16339953 · 134 €
  • FundingBox Deep Tech Fund spółka z ograniczoną odpowiedzialnością ASI S.K.A.
    Legal person · 93 €
  • Startup Wise Guys Italy S.r.l.
    Legal person · 51 €

Beneficial owners

Founders and other persons

  • Keit Kivisild
    Founder · 80 € · 13 Apr 2023
  • DIGITAL MIND AS
    Founder · 20 € · 13 Apr 2023
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 62202Computer facilities management activities Main
Rulings
Number, date Title Deadline State Document
Ä 50226240 / 10
13 Feb 2024
Amendment entry In force
13 Feb 2024
PDF
Ä 50226240 / M1
25 Jan 2024
Ruling to eliminate deficiencies 10 Feb 2024 Deficiencies eliminated
9 Feb 2024
PDF
Ä 50226240 / 9
22 Sep 2023
Amendment entry In force
22 Sep 2023
PDF
Ä 50226240 / 8
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50226240 / 7
6 Jul 2023
Amendment entry In force
6 Jul 2023
PDF
Ä 50226240 / 6
28 Apr 2023
Entry refused In force
16 May 2023
PDF
Ä 50226240 / 5
28 Apr 2023
Amendment entry In force
28 Apr 2023
PDF
Ä 50226240 / 4
21 Apr 2023
Amendment entry In force
21 Apr 2023
PDF
Ä 50226240 / 3
18 Apr 2023
Amendment entry In force
18 Apr 2023
PDF
Ä 50226240 / 2
13 Apr 2023
Third (informative) division entry In force
13 Apr 2023
PDF
Ä 50226240
13 Apr 2023
First (declaratory) division entry (card of the new company) In force
13 Apr 2023
PDF

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