The Circle Naval Architecture OÜ

Active Registry code 17231330 OÜ Tallinn Registered 2 May 2025

The Circle Naval Architecture OÜ is a OÜ based in Tallinn, registry code 17231330, status: active. Main activity: Constructional engineering-technical designing and consulting. Its annual report for 2025 shows revenue of €51 195 and 0 employees.

Turnover

—

State taxes

10 707 €

Labour taxes

0 €

Employees

—

Q1 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Architectural and engineering activities; technical testing and analysis · EMTAK 71

Revenue · 2025 51 195 €

above 66% of companies

industry median 23 548 € · companies in the industry: 4 824
Net profit margin · 2025 94.4 %

above 93% of companies

industry median 15.1 % · companies in the industry: 3 876

Taxes and turnover

Q1 2026 – Q1 2026

State taxes, € Q1 2026: 10 707 €

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q1 2026	—	10 707	—	—

Financials by year

2025 – 2025

Revenue, € 2025: 51 195 € · industry median 23 548 € · above 66% of the industry

Company
Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 48 322 € · industry median 1 536 € · above 89% of the industry

Company
Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 94.4 % · industry median 15.1 % · above 93% of the industry

Company
Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 50 648 €

Equity, € 2025: 48 323 €

Employees 2025: 0 · industry median 1 · above 2% of the industry

Company
Industry median

Industry: Architectural and engineering activities; technical testing and analysis (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	51 195	48 322	0	50 648	48 323	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

Net profit margin

94.4 %

Net profit / revenue

Return on equity (ROE)

100.0 %

Net profit / equity

Return on assets (ROA)

95.4 %

Net profit / assets

Equity ratio

95.4 %

Equity / assets

Debt ratio

4.6 %

Liabilities / assets

Current ratio

21.78

Current assets / current liabilities

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	2 May 2025 – 31 Dec 2025	19 Jan 2026	Company’s own	e-Äriregister

Board

Ilgaz Can Karadayi
Board member · since 2 May 2025
E-Residency Hub OÜ
Contact person · since 2 May 2025

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Ilgaz Can Karadayi
Natural person · 1 €

100%

Beneficial owners

Ilgaz Can Karadayi
Member of a senior management body (management or supervisory board) · TUR · since 2 May 2025

Founders and other persons

Ilgaz Can Karadayi
Founder · 1 € · 2 May 2025

Activities (EMTAK)

71121Constructional engineering-technical designing and consulting Main

Rulings 1

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50281616 2 May 2025	First entry		In force 2 May 2025	PDF

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