Armitage Labs OÜ

Active Registry code 16977866 OÜ Tallinn Registered 30 Apr 2024
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Armitage Labs OÜ is a OÜ based in Tallinn, registry code 16977866, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €8 691 073 with 14 employees.

Turnover
8 691 073 €
↓ 19.6% vs Q2 2026
State taxes
205 597 €
↑ 195.2% vs Q2 2026
Labour taxes
215 613 €
↑ 199.2% vs Q2 2026
Employees
14
+5 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 8.7 mn €
    industry median 19 078 € · companies in the industry: 7 345
  • Labour taxes per employee 15 401 €
    industry median 2 345 € · companies in the industry: 2 783
  • Revenue · 2024 53 116 €
    industry median 13 785 € · companies in the industry: 13 197
  • Net profit margin · 2024 171.2 %
    industry median 16.3 % · companies in the industry: 9 004

Taxes and turnover

Q4 2024 – Q3 2026
Turnover, € thousand Q3 2026: 8 691 073 € · −19.6% vs Q2 2026 · industry median 19 078 € · above 98% of the industry
02 5005 0007 50010 00012 500Q4 2024 Company: 41 324 € Industry median: 20 482 €Q4·24Q1 2025 Company: 159 432 € Industry median: 20 692 €Q1·25Q2 2025 Company: 815 107 € Industry median: 21 060 €Q2·25Q3 2025 Company: 6 129 081 € Industry median: 20 327 €Q3·25Q4 2025 Company: 11 667 261 € Industry median: 21 191 €Q4·25Q1 2026 Company: 6 118 356 € Industry median: 20 665 €Q1·26Q2 2026 Company: 10 807 489 € Industry median: 20 000 €Q2·26Q3 2026 Company: 8 691 073 € Industry median: 19 078 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 41 324 € Industry median: 20 482 €Q1 2025 Company: 159 432 € Industry median: 20 692 €Q1·25Q2 2025 Company: 815 107 € Industry median: 21 060 €Q3 2025 Company: 6 129 081 € Industry median: 20 327 €Q3·25Q4 2025 Company: 11 667 261 € Industry median: 21 191 €Q1 2026 Company: 6 118 356 € Industry median: 20 665 €Q1·26Q2 2026 Company: 10 807 489 € Industry median: 20 000 €Q3 2026 Company: 8 691 073 € 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: 15 401 € · +92.3% vs Q2 2026 · industry median 2 345 € · above 98% of the industry
05 00010 00015 00020 000Q4 2024 Company: 2 205 € Industry median: 2 431 €Q4·24Q1 2025 Company: 6 882 € Industry median: 2 523 €Q1·25Q2 2025 Company: 4 677 € Industry median: 2 506 €Q2·25Q3 2025 Company: 0 € Industry median: 2 577 €Q3·25Q4 2025 Company: 3 161 € Industry median: 2 632 €Q4·25Q1 2026 Company: 5 521 € Industry median: 2 408 €Q1·26Q2 2026 Company: 8 008 € Industry median: 2 335 €Q2·26Q3 2026 Company: 15 401 € Industry median: 2 345 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 2 205 € Industry median: 2 431 €Q1 2025 Company: 6 882 € Industry median: 2 523 €Q1·25Q2 2025 Company: 4 677 € Industry median: 2 506 €Q3 2025 Company: 0 € Industry median: 2 577 €Q3·25Q4 2025 Company: 3 161 € Industry median: 2 632 €Q1 2026 Company: 5 521 € Industry median: 2 408 €Q1·26Q2 2026 Company: 8 008 € Industry median: 2 335 €Q3 2026 Company: 15 401 € 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: 14 · +55.6% vs Q2 2026
051015Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q3·25Q4 2025 Company: 3Q4·25Q1 2026 Company: 9Q1·26Q2 2026 Company: 9Q2·26Q3 2026 Company: 14Q3·26051015Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 3Q1 2026 Company: 9Q1·26Q2 2026 Company: 9Q3 2026 Company: 14Q3·26
State taxes, € thousand Q3 2026: 205 597 € · +195.2% vs Q2 2026
050100150200250Q4 2024 Company: 2 034 €Q4·24Q1 2025 Company: 6 359 €Q1·25Q2 2025 Company: 4 369 €Q2·25Q3 2025 Company: 841 €Q3·25Q4 2025 Company: 9 547 €Q4·25Q1 2026 Company: 46 965 €Q1·26Q2 2026 Company: 69 645 €Q2·26Q3 2026 Company: 205 597 €Q3·26050100150200250Q4 2024 Company: 2 034 €Q1 2025 Company: 6 359 €Q1·25Q2 2025 Company: 4 369 €Q3 2025 Company: 841 €Q3·25Q4 2025 Company: 9 547 €Q1 2026 Company: 46 965 €Q1·26Q2 2026 Company: 69 645 €Q3 2026 Company: 205 597 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 8 691 073 205 597 215 613 14
Q2 2026 10 807 489 69 645 72 070 9
Q1 2026 6 118 356 46 965 49 690 9
Q4 2025 11 667 261 9 547 9 484 3
Q3 2025 6 129 081 841 — 1
Q2 2025 815 107 4 369 4 677 1
Q1 2025 159 432 6 359 6 882 1
Q4 2024 41 324 2 034 2 205 1
Labour taxes per employee per month
5 134 €
Turnover per employee in the quarter
620 791 €

Q3 2026 · calculated from EMTA data

Financials by year

2024 – 2024
Revenue, € 2024: 53 116 € · industry median 13 785 € · above 68% of the industry
020 00040 00060 0002024 Company: 53 116 € Industry median: 13 785 €2024020 00040 00060 0002024 Company: 53 116 € Industry median: 13 785 €2024
  • 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, € 2024: 90 939 € · industry median 249 € · above 91% of the industry
020 00040 00060 00080 000100 0002024 Company: 90 939 € Industry median: 249 €2024020 00040 00060 00080 000100 0002024 Company: 90 939 € Industry median: 249 €2024
  • 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, % 2024: 171.2 % · industry median 16.3 % · above 98% of the industry
0501001502002024 Company: 171.2 % Industry median: 16.3 %20240501001502002024 Company: 171.2 % Industry median: 16.3 %2024
  • 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, € 2024: 97 867 €
020 00040 00060 00080 000100 0002024 Company: 97 867 €2024020 00040 00060 00080 000100 0002024 Company: 97 867 €2024
Equity, € 2024: 91 239 €
020 00040 00060 00080 000100 0002024 Company: 91 239 €2024020 00040 00060 00080 000100 0002024 Company: 91 239 €2024
Employees 2024: 1 · industry median 1 · above 5% of the industry
0.00.20.40.60.81.02024 Company: 1 Industry median: 120240.00.20.40.60.81.02024 Company: 1 Industry median: 12024
  • 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
2024 53 116 90 939 10 410 97 867 91 239 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 2024

Net profit margin
171.2 %
Net profit / revenue
Return on equity (ROE)
99.7 %
Net profit / equity
Return on assets (ROA)
92.9 %
Net profit / assets
Equity ratio
93.2 %
Equity / assets
Debt ratio
6.8 %
Liabilities / assets
Current ratio
14.77
Current assets / current liabilities
Revenue per employee
53 116 €
Revenue / average full-time employees
Labour cost per employee per month
868 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 30 Apr 2024 – 31 Dec 2024 13 Jun 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

  • Gabriel Augusto Ferraz Martins
    Natural person · 1 983 €
  • Antler Nordic Fund II AB
    Legal person · 566 €
  • "Informuotiesiems investuotojams skirta uždarojo tipo investicinė bendrovė Practica Venture Capital III KŪB"
    Legal person · 515 €
  • Armitage Labs OÜ
    Legal person · 16977866 · 442 €
  • Inovo Fund III Société en commandite spéciale
    Legal person · 342 €
  • Alec Erasmus
    Natural person · 75 €
  • Söndagssällskapet AB
    Legal person · 17 €
  • Maolokon Invest AB
    Legal person · 15 €
  • Kontrarium Capital AB
    Legal person · 9 €
  • Antifragile Holding OÜ
    Legal person · 14603937 · 8 €
  • Mordor Management OÜ
    Legal person · 14166520 · 8 €
  • Fund IV, a series of Explorer34 Fund, LP
    Legal person · 7 €
  • Cardimal Products LLC
    Legal person · 5 €
  • Paper Holdings OÜ
    Legal person · 16635491 · 2 €

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 62101Computer programming activities Main
Rulings
Number, date Title Deadline State Document
Ä 50254289 / 8
28 Jul 2026
Amendment under Code of Civil Procedure § 595¹ (1) In force
28 Jul 2026
PDF
Ä 50254289 / 7
21 Jul 2026
Amendment entry In force
21 Jul 2026
PDF
Ä 50254289 / 6
1 Dec 2025
Amendment entry In force
1 Dec 2025
PDF
Ä 50254289 / 5
3 Oct 2025
Amendment entry In force
3 Oct 2025
PDF
Ä 50254289 / 4
1 Sep 2025
Amendment entry In force
1 Sep 2025
PDF
Ä 50254289 / 3
11 Jul 2025
Amendment entry In force
11 Jul 2025
PDF
Ä 50254289 / 2
11 Feb 2025
Amendment entry In force
11 Feb 2025
PDF
Ä 50254289
30 Apr 2024
First entry In force
30 Apr 2024
PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data