Init Five OÜ
Init Five OÜ is a OÜ based in Tallinn, registry code 16804479, status: active. Main activity: Computer consultancy activities. Its annual report for 2025 shows revenue of €800 and 0 employees.
2025 · annual report, e-Äriregister
Position in the industry
- Revenue · 2025 800 €above 32% of companiesindustry median 14 304 € · companies in the industry: 13 343
Taxes and turnover
No tax data available. EMTA publishes data for those who paid state taxes, filed a VAT return or had employees in the quarter. New and small companies may be missing.
Financials by year
- 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.
- 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.
- 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.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 800 | -51 | 0 | 2 900 375 | 2 900 375 | 0 |
| 2024 | 490 | 417 | 0 | 427 | 427 | 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
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 17 Jun 2026 | Company’s own | e-Äriregister |
| 2024 | 25 Aug 2023 – 31 Dec 2024 | 21 Aug 2025 | Company’s own | e-Äriregister |
Board
- Kristofer TurmenBoard member · since 25 Aug 2023
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Kristofer TurmenNatural person · 10 €
Owner in
- 8.93%
Beneficial owners
- Kristofer TurmenDirect ownership · since 25 Aug 2023
Founders and other persons
- Kristofer TurmenFounder · 10 € · 24 Aug 2023
Related companies
Activities (EMTAK)
- 62201Computer consultancy activities Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50235612 / 4 26 Aug 2025 |
Amendment entry | In force 26 Aug 2025 |
||
| Ä 50235612 / 3 2 Sep 2023 |
Amendment entry | In force 2 Sep 2023 |
||
| Ä 50235612 / 2 25 Aug 2023 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 25 Aug 2023 |
||
| Ä 50235612 25 Aug 2023 |
First entry | In force 25 Aug 2023 |
Sources: e-Äriregister and EMTA. Data updated 27 Oct 2026. Open at the source ↗ · Report an error in the data