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Relax Tech Services OÜ

Registry code (registrikood) 12214597Private limited company (Osaühing)VAT EE101511919Activity (EMTAK 62101): ProgrammeerimineActive

Tallinn, Harju County · Financial data: annual reports up to 2025; tax data up to 2026 Q2

Revenue (2025)
€7.1M
▲ 10.3% vs 2024
Profit before tax (2025)
€582k
Employees, FTE (2025)
85
State taxes paid, last 4 quarters
€2.4M

Revenue, profit and employees, 2019–2025

€5.0M2019€4.8M2020€5.3M2021€5.7M2022€6.1M2023€6.4M2024€7.1M2025
YearRevenue (müügitulu)Operating profit (ärikasum)Net profitEquity (omakapital)Employees, FTE
2019€5,006,828€413,408€411,457€700,42556
2020€4,804,026€396,663€394,051€1,094,47660
2021€5,251,253€428,944€428,593€1,523,06969
2022€5,665,222€462,295€461,812€1,984,88172
2023€6,128,504€506,023€129,943€614,82479
2024€6,405,124€526,521€525,042€1,139,86781
2025€7,064,430€583,298€300,215€440,08285

Balance sheet summary

YearCashTotal assetsCurrent liabilitiesNon-current liabilitiesEquity
2019€27,388€1,063,436€335,716€27,295€700,425
2020€67,999€1,428,004€333,528€0€1,094,476
2021€826,984€1,883,387€360,318€0€1,523,069
2022€208,926€2,513,718€528,837€0€1,984,881
2023€256,093€1,279,274€664,450€614,824
2024€717,586€1,550,243€410,376€1,139,867
2025€322,852€937,292€497,210€440,082

Calculated ratios

Net profit margin = net profit ÷ revenue. Equity ratio = equity ÷ total assets. Seedata sources & methodology for how each figure is derived.

Quarterly tax and turnover data (EMTA)

QuarterState taxes paidWage taxesTurnoverEmployees
2022 Q1€414,561€443,119€1,292,40572
2022 Q2€427,091€457,330€919,29472
2022 Q3€406,016€432,457€919,63570
2022 Q4€422,628€450,260€919,78971
2023 Q1€481,912€512,404€3,045,01071
2023 Q2€835,999€490,503€1,369,78572
2023 Q3€463,150€492,216€1,953,50071
2023 Q4€445,098€472,868€1,370,22373
2024 Q1€538,647€572,454€1,816,08074
2024 Q2€579,506€618,172€1,374,41977
2024 Q3€506,075€537,443€1,415,05882
2024 Q4€518,259€550,389€1,546,74977
2025 Q1€564,013€600,879€1,784,46979
2025 Q2€839,747€597,008€2,210,70582
2025 Q3€597,660€631,296€1,524,73485
2025 Q4€581,906€618,770€1,621,08385
2026 Q1€641,444€685,067€2,365,46885
2026 Q2€597,605€640,907€1,671,03886

Source: EMTA quarterly published data, as of 10 July 2026. Covers state taxes and wage taxes actually paid and turnover and employee counts as declared by the company, not the annual report figures above.

About this data

In the 2025 financial year (period 1 January 2025–31 December 2025), Relax Tech Services OÜ reported revenue of €7,064,430.

The company closed the 2025 financial year with a net profit of €300,215.

Revenue increased by 10.3% from €6,405,124 in 2024 to €7,064,430 in 2025.

Revenue grew at a compound annual rate of 5.9% between 2019 and 2025.

Equity accounted for 47.0% of total assets of €937,292 at the end of the 2025 reporting period.

With 85 full-time-equivalent employees in 2025, revenue per employee was €83,111.

Across the 4 most recent quarters declared to EMTA, up to Q2 2026, Relax Tech Services OÜ reported €7,182,323 in turnover.

EMTA recorded 86 employees for the quarter ending Q2 2026, compared with 85 full-time-equivalent employees in the 2025 annual report.

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Source

Source: Estonian e-Business Register open data (Centre of Registers and Information Systems, RIK), licence CC BY-SA 4.0, modified; Estonian Tax and Customs Board (EMTA) quarterly data. Downloaded 2026-09-22. This is not an official register extract — see ariregister.rik.ee.

Company data on this site is available under CC BY-SA 4.0.

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