System Two OÜ

Active Registry code 16870826 OÜ Tallinn Registered 29 Nov 2023
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System Two OÜ is a OÜ based in Tallinn, registry code 16870826, status: active. Main activity: Business and other management consultancy activities. According to EMTA, turnover for Q3 2026 was €21 935 with 1 employees.

Turnover
21 935 €
↑ 47.4% vs Q2 2026
State taxes
610 €
↑ 0.0% vs Q2 2026
Labour taxes
636 €
↑ 0.0% vs Q2 2026
Employees
1
±0 vs Q2 2026

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 21 935 €
    industry median 13 702 € · companies in the industry: 4 338
  • Labour taxes per employee 636 €
    industry median 1 653 € · companies in the industry: 1 686
  • Revenue · 2025 421 270 €
    industry median 10 800 € · companies in the industry: 9 690
  • Net profit margin · 2025 7.4 %
    industry median 22.0 % · companies in the industry: 6 496

Taxes and turnover

Q2 2024 – Q3 2026
Turnover, € Q3 2026: 21 935 € · +47.4% vs Q2 2026 · industry median 13 702 € · above 63% of the industry
05 00010 00015 00020 00025 000Q2 2024 Company: — Industry median: 14 748 €Q2·24Q3 2024 Company: — Industry median: 14 140 €Q3·24Q4 2024 Company: — Industry median: 15 000 €Q4·24Q1 2025 Company: — Industry median: 14 723 €Q1·25Q2 2025 Company: — Industry median: 13 689 €Q2·25Q3 2025 Company: — Industry median: 13 973 €Q3·25Q4 2025 Company: — Industry median: 14 503 €Q4·25Q1 2026 Company: 10 200 € Industry median: 14 237 €Q1·26Q2 2026 Company: 14 883 € Industry median: 14 137 €Q2·26Q3 2026 Company: 21 935 € Industry median: 13 702 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: — Industry median: 15 000 €Q1 2025 Company: — Industry median: 14 723 €Q1·25Q2 2025 Company: — Industry median: 13 689 €Q3 2025 Company: — Industry median: 13 973 €Q3·25Q4 2025 Company: — Industry median: 14 503 €Q1 2026 Company: 10 200 € Industry median: 14 237 €Q1·26Q2 2026 Company: 14 883 € Industry median: 14 137 €Q3 2026 Company: 21 935 € Industry median: 13 702 €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.

Labour taxes per employee, € Q3 2026: 636 € · +0.0% vs Q2 2026 · industry median 1 653 € · above 11% of the industry
05001 0001 5002 000Q2 2024 Company: 205 € Industry median: 1 709 €Q2·24Q3 2024 Company: 614 € Industry median: 1 700 €Q3·24Q4 2024 Company: 614 € Industry median: 1 679 €Q4·24Q1 2025 Company: 629 € Industry median: 1 739 €Q1·25Q2 2025 Company: 636 € Industry median: 1 758 €Q2·25Q3 2025 Company: 636 € Industry median: 1 758 €Q3·25Q4 2025 Company: 636 € Industry median: 1 758 €Q4·25Q1 2026 Company: 636 € Industry median: 1 641 €Q1·26Q2 2026 Company: 636 € Industry median: 1 597 €Q2·26Q3 2026 Company: 636 € Industry median: 1 653 €Q3·2605001 0001 5002 000Q4 2024 Company: 614 € Industry median: 1 679 €Q1 2025 Company: 629 € Industry median: 1 739 €Q1·25Q2 2025 Company: 636 € Industry median: 1 758 €Q3 2025 Company: 636 € Industry median: 1 758 €Q3·25Q4 2025 Company: 636 € Industry median: 1 758 €Q1 2026 Company: 636 € Industry median: 1 641 €Q1·26Q2 2026 Company: 636 € Industry median: 1 597 €Q3 2026 Company: 636 € Industry median: 1 653 €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.

Employees Q3 2026: 1 · +0.0% vs Q2 2026
0.00.20.40.60.81.0Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q3·24Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 610 € · +0.0% vs Q2 2026
0200400600800Q2 2024 Company: 196 €Q2·24Q3 2024 Company: 587 €Q3·24Q4 2024 Company: 587 €Q4·24Q1 2025 Company: 603 €Q1·25Q2 2025 Company: 611 €Q2·25Q3 2025 Company: 610 €Q3·25Q4 2025 Company: 610 €Q4·25Q1 2026 Company: 609 €Q1·26Q2 2026 Company: 610 €Q2·26Q3 2026 Company: 610 €Q3·260200400600800Q4 2024 Company: 587 €Q1 2025 Company: 603 €Q1·25Q2 2025 Company: 611 €Q3 2025 Company: 610 €Q3·25Q4 2025 Company: 610 €Q1 2026 Company: 609 €Q1·26Q2 2026 Company: 610 €Q3 2026 Company: 610 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 21 935 610 636 1
Q2 2026 14 883 610 636 1
Q1 2026 10 200 609 636 1
Q4 2025 — 610 636 1
Q3 2025 — 610 636 1
Q2 2025 — 611 636 1
Q1 2025 — 603 629 1
Q4 2024 — 587 614 1
Q3 2024 — 587 614 1
Q2 2024 — 196 205 1
Labour taxes per employee per month
212 €
Turnover per employee in the quarter
21 935 €

Q3 2026 · calculated from EMTA data

Financials by year

2024 – 2025
Revenue, € thousand 2025: 421 270 € · −23.3% vs 2024 · industry median 10 800 € · above 98% of the industry
02004006002024 Company: 549 464 € Industry median: 10 766 €20242025 Company: 421 270 € Industry median: 10 800 €202502004006002024 Company: 549 464 € Industry median: 10 766 €2025 Company: 421 270 € 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, € 2025: 31 325 € · +70.7% vs 2024 · industry median 291 € · above 83% of the industry
010 00020 00030 00040 0002024 Company: 18 356 € Industry median: 538 €20242025 Company: 31 325 € Industry median: 291 €2025010 00020 00030 00040 0002024 Company: 18 356 € Industry median: 538 €2025 Company: 31 325 € Industry median: 291 €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: 7.4 % · +4.1 pp vs the year before · industry median 22.0 % · above 37% of the industry
01020302024 Company: 3.3 % Industry median: 25.0 %20242025 Company: 7.4 % Industry median: 22.0 %202501020302024 Company: 3.3 % Industry median: 25.0 %2025 Company: 7.4 % 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, € 2025: 50 400 € · −27.0% vs 2024
020 00040 00060 00080 0002024 Company: 69 067 €20242025 Company: 50 400 €2025020 00040 00060 00080 0002024 Company: 69 067 €2025 Company: 50 400 €2025
Equity, € 2025: 49 691 € · +170.6% vs 2024
010 00020 00030 00040 00050 0002024 Company: 18 366 €20242025 Company: 49 691 €2025010 00020 00030 00040 00050 0002024 Company: 18 366 €2025 Company: 49 691 €2025
Employees 2025: 3 · +0.0% vs 2024 · industry median 1 · above 93% of the industry
01232024 Company: 3 Industry median: 120242025 Company: 3 Industry median: 1202501232024 Company: 3 Industry median: 12025 Company: 3 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 421 270 31 325 377 427 50 400 49 691 3
2024 549 464 18 356 530 350 69 067 18 366 3

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
7.4 %
Net profit / revenue
Return on equity (ROE)
63.0 %
Net profit / equity
Return on assets (ROA)
62.2 %
Net profit / assets
Equity ratio
98.6 %
Equity / assets
Debt ratio
1.4 %
Liabilities / assets
Current ratio
71.09
Current assets / current liabilities
Revenue per employee
140 423 €
Revenue / average full-time employees
Labour cost per employee per month
10 484 €
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 17 Jun 2026 Company’s own e-Äriregister
2024 29 Nov 2023 – 31 Dec 2024 19 May 2025 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

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 70201Business and other management consultancy activities Main
Rulings
Number, date Title Deadline State Document
Ä 50242766 / 5
13 Aug 2026
Amendment entry In force
13 Aug 2026
PDF
Ä 50242766 / 4
10 Aug 2026
Entry refused In force
28 Aug 2026
PDF
Ä 50242766 / M1
28 Jul 2026
Procedural ruling 7 Aug 2026 Deficiencies eliminated
5 Aug 2026
PDF
Ä 50242766 / 3
22 Jul 2026
Entry refused In force
10 Aug 2026
PDF
Ä 50242766 / 2
28 Mar 2024
Amendment entry In force
28 Mar 2024
PDF
Ä 50242766
29 Nov 2023
First entry In force
29 Nov 2023
PDF

Sources: e-Äriregister and EMTA. Data updated 27 Oct 2026. Open at the source ↗ · Report an error in the data