Mindworks Industries OÜ

Legal form:: Private limited company
Registry code:: 10330721
VAT no.:: EE100337990
Fiscal-year period:: 01.01 - 31.12
Established:: 25.11.1997 (28 y)
Former business names:: Mindworks Holding OÜ, Mindworks Industries osaühing
Capital:: 6 350 EUR
Address:: Vana-Kalamaja tn 34-129, Põhja-Tallinna linnaosa, Tallinn, Harju maakond, 10415
Status:: Registered
E-invoice reception:: e-arveldaja

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Contacts

Phone:: +372 5010998
Phone:: +372 6276020
Website:: www.mindworks.ee

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Industries

ELECTRONIC COMMUNICATIONS SERVICES, PROGRAMMING, CONSULTANCY, DATA-INFRASTRUCTURE AND OTHER INFORMATION ACTIVITIES
Computer programming, consultancy and related activities
Computer consultancy and systems/database management
62201 – Computer consultancy activities

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70.Mindworks Industries OÜ870.9k €

Main activity 62201 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE100337990	01.12.1997	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	10.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	27.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	27.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	02.02.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	18.02.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	22.02.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	07.03.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	02.07.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	26.07.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	22.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	04.11.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	18.11.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	05.09.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	09.10.2013	Valid	PDF
2012	01.01.2012 – 31.12.2012	16.08.2013	Expired	PDF
2011	01.01.2011 – 31.12.2011	03.07.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	16.03.2012	Valid	PDF
2009	01.01.2009 – 31.12.2009	02.07.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	02.07.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	21.05.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	20.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	12.10.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	01.08.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	02.07.2004	Valid	PDF
2002	01.01.2002 – 31.12.2002	30.06.2003	Valid	PDF
2001	01.01.2001 – 31.12.2001	01.07.2002	Valid	PDF
2000	01.01.2000 – 31.12.2000	18.05.2001	Valid	PDF
1999	01.01.1999 – 31.12.1999	-	-
1998	01.01.1998 – 31.12.1998	-	-
1997	01.01.1997 – 31.12.1997	-	-

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Tax debt19k€Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate3 .ee domains7 Licenses–Regulations16 Public transactions37 Grants1 State aid5 Public procurement38 Holdings in companies2 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	87 187 €	68 332 €	163 149 €−11,2%	7
2026 Q2	96 971 €	63 134 €	183 793 €−8,9%	9
2026 Q1	68 911 €	55 607 €	201 668 €−37,4%	9
Total 2026:	253 069 €	187 073 €	548 610 €
2025 Q4	144 553 €	113 912 €	322 247 €+2,7%	11
2025 Q3	123 189 €	114 818 €	313 642 €−15,7%	16
2025 Q2	133 684 €	114 132 €	372 108 €+11,3%	17
2025 Q1	132 432 €	117 669 €	334 199 €−3,1%	16
Total 2025:	533 858 €	460 531 €	1,34 M €
2024 Q4	123 364 €	109 925 €	344 716 €−16,3%	18
2024 Q3	113 898 €	108 457 €	411 804 €−4,8%	18
2024 Q2	130 051 €	121 946 €	432 528 €+3,5%	18
2024 Q1	149 358 €	136 235 €	417 734 €−15,4%	20
Total 2024:	516 671 €	476 563 €	1,61 M €
2023 Q4	140 352 €	122 839 €	493 994 €+14,4%	22
2023 Q3	140 643 €	122 229 €	431 765 €−20,2%	21
2023 Q2	141 267 €	119 585 €	541 196 €+21,7%	21
2023 Q1	151 198 €	126 302 €	444 798 €−10,4%	21
Total 2023:	573 460 €	490 955 €	1,91 M €
2022 Q4	134 048 €	112 474 €	496 656 €+25,3%	21
2022 Q3	94 912 €	94 345 €	396 308 €−20,9%	20
2022 Q2	113 796 €	84 485 €	501 125 €+32,4%	19
2022 Q1	98 874 €	86 732 €	378 604 €+2,1%	18
Total 2022:	441 630 €	378 036 €	1,77 M €
2021 Q4	84 164,84 €	81 141,71 €	370 771,79 €−4,9%	17
2021 Q3	116 103,38 €	77 801,66 €	390 006,81 €−1,4%	17
2021 Q2	129 267,65 €	71 703,30 €	395 501,80 €+10,7%	15
2021 Q1	91 734,50 €	75 139,83 €	357 319,78 €+6,5%	14
Total 2021:	421 270,37 €	305 786,50 €	1,51 M €
2020 Q4	81 055,14 €	67 336,77 €	335 642,79 €−13,0%	16
2020 Q3	96 217,92 €	66 765,17 €	385 605,22 €+29,1%	13
2020 Q2	104 204,18 €	61 923,60 €	298 716,44 €−15,7%	13
2020 Q1	82 731 €	67 211 €	354 157 €+8,9%	13
Total 2020:	364 208,24 €	263 236,54 €	1,37 M €
2019 Q4	77 475 €	51 935 €	325 127 €+31,0%	15
2019 Q3	70 934 €	54 424 €	248 125 €+4,3%	15
2019 Q2	65 293 €	45 398 €	237 985 €+105%	15
2019 Q1	35 916 €	29 861 €	116 188 €−21,7%	14
Total 2019:	249 618 €	181 618 €	927 425 €
2018 Q4	56 523 €	42 400 €	148 386 €+16,5%	15
2018 Q3	47 574 €	35 963 €	127 346 €−29,8%	16
2018 Q2	66 426 €	43 113 €	181 470 €+12,6%	13
2018 Q1	60 997 €	44 547 €	161 174 €+44,4%	13
Total 2018:	231 520 €	166 023 €	618 376 €
2017 Q4	38 335 €	24 458 €	111 619 €−3,7%	15
2017 Q3	58 511 €	47 542 €	115 873 €−25,2%	14
2017 Q2	77 874 €	57 368 €	154 864 €−30,1%	16
2017 Q1	68 349 €	35 115 €	221 603 €+2,1%	20
Total 2017:	243 069 €	164 483 €	603 959 €
2016 Q4	72 947 €	63 732 €	217 066 €+69,0%	17
2016 Q3	47 231 €	37 705 €	128 422 €−25,9%	17
2016 Q2	67 871 €	50 856 €	173 213 €−1,8%	17
2016 Q1	74 460 €	51 765 €	176 307 €	17
Total 2016:	262 509 €	204 058 €	695 008 €
2015 Q4	63 548 €	46 285 €	0 €	1
2015 Q3	61 273 €	44 841 €	0 €	1
2015 Q2	76 296 €	46 474 €	0 €	1
2015 Q1	66 265 €	40 999 €	0 €	1
Total 2015:	267 382 €	178 599 €	0 €

Revenue by industry

	2023	2024	2025
Computer consultancy activities	1 887 022 €	1 543 525 €	1 267 461 €

Tax debts

Type	Amount	Deferred
Interest	275 €	275 €
Social tax	4 715,03 €	4 715,03 €
Value-added tax	13 766,03 €	13 766,03 €
Income tax in special cases	209,54 €	209,54 €
Total	18 965,60 €	18 965,60 €

Representatives

	Personal ID code
Martin Arva	38406XXXXXX	01.06.1984 (42)	Board member	09.09.2019	-
Kaspar-Patrik Loit	37206XXXXXX	25.06.1972 (54)	Board member	25.11.1997	-

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Shareholders

	Personal ID code
Arvamatu OÜ	14687041	21.03.2019 (7)	Shareholder	2 731 EUR	43,01%	Sole ownership	01.09.2023	-
Filthy Riche OÜ	12594542	07.01.2014 (12)	Shareholder	2 730 EUR	42,99%	Sole ownership	01.09.2023	-
Urmo Rae	37610XXXXXX	08.10.1976 (50)	Shareholder	889 EUR	14,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Cream International osaühing	10277932	25.09.1997 (29)	Founder	25.11.1997	-

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Ultimate beneficial owners

	Personal ID code
Kaspar-Patrik Loit	37206XXXXXX	25.06.1972 (54)	Direct holding	09.09.2019	-
Martin Arva	38406XXXXXX	01.06.1984 (42)	Direct holding	09.09.2019	-
Urmo Rae	37610XXXXXX	08.10.1976 (50)	Direct holding	09.09.2019	-

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Holdings in companies


IAmAnn OÜ	16.01.2024	Shareholder	20 EUR	20,00%	Sole ownership	16.01.2024	-
mindmyann OÜ	30.06.2025	Shareholder	20 EUR	20,00%	Sole ownership	30.06.2025	-

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2026 Q3

Turnover

Amount: 163 149 €
Monthly average: 54 383 €
Per employee: 7 769 €
Equity ratio: 856,43%

Labour taxes

Turnover ratio: 41,88%
Tax ratio: 78,37%
Monthly average: 22 777 €
Per employee: 2 847 €

State taxes

Monthly average: 29 062 €
Turnover ratio: 53,44%

Estimated salary

Gross salary: 5 049 €
Net salary: 3 951 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	128 937 €−37,5%	206 281 €−26,6%	280 933 €−41,4%	479 749 €+66,1%	288 816 €−14,9%	339 468 €+21,0%	280 486 €
Non-current assets	136 462 €−8,2%	148 674 €−4,5%	155 712 €−2,8%	160 204 €+1,7%	157 491 €−0,7%	158 595 €+1 499%	9 920 €
Total assets	265 399 €−25,2%	354 955 €−18,7%	436 645 €−31,8%	639 953 €+43,4%	446 307 €−10,4%	498 063 €+71,5%	290 406 €
Short-term liabilities	260 713 €+19,3%	218 504 €−18,8%	269 055 €+2,4%	262 625 €+33,1%	197 337 €+20,1%	164 339 €+17,2%	140 279 €
Long-term liabilities	-	-	21 133 €−47,6%	40 365 €−33,7%	60 901 €−24,4%	80 569 €	-
Total liabilities	260 713 €+19,3%	218 504 €−24,7%	290 188 €−4,2%	302 990 €+17,3%	258 238 €+5,4%	244 908 €+74,6%	140 279 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	129 462 €+53,3%	84 468 €+1 598%	4 974 €+360%	1 081 €−82,5%	6 166 €+16 126%	38 €+102%	-2 048 €
Net profit	-131 765 €−393%	44 994 €−66,5%	134 494 €−59,1%	328 893 €+88,0%	174 914 €−28,9%	246 128 €+69,5%	145 186 €
Equity	4 686 €−96,6%	136 451 €−6,8%	146 457 €−56,5%	336 963 €+79,2%	188 069 €−25,7%	253 155 €+68,6%	150 127 €
Turnover	1 267 461 €−17,9%	1 543 525 €−18,2%	1 887 022 €+8,9%	1 732 202 €+16,5%	1 486 243 €+8,4%	1 371 382 €+41,8%	966 966 €
Profit margin	-10,4%	2,9%	7,1%	19,0%	11,8%	17,9%	15,0%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	378 680 €	244 899 €
Liquidity
Current ratio	1,8	1,5
Quick ratio	1,8	1,5
Cash ratio	1,5	1,0
Efficiency
Days sales outstanding (dso)	19,1	24,8
Asset turnover	3,2	3,1
Structure
Debt ratio	0,5	0,6
Profitability
Operating margin	21,1%	15,8%
Net profit margin	19,0%	11,8%
Return on assets (roa)	60,6%	37,0%
Return on equity (roe)	97,6%	93,0%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10020651 / 14	20.10.2026	Entry – Amendment entry	-	Entered into force20.10.2026
Ä 10020651 / 13	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 10020651 / 12	09.09.2019	Entry – Amendment entry	-	Entered into force09.09.2019
Ä 10020651 / M4	05.09.2019	Order to remedy deficiencies – Amendment entry	25.09.2019	Deficiencies remedied09.09.2019
Ä 10020651 / 11	08.08.2019	Entry – Division entry of transferring entity (second, constitutive entry)	-	Entered into force08.08.2019

Real estate

		Purpose
Jahu tn 12, Põhja-Tallinna linnaosa, Tallinn, Harju maakondSpace: 128	1439 m²	Commercial land 50%, Residential land 50%
Jahu tn 14 // Vana-Kalamaja tn 34, Põhja-Tallinna linnaosa, Tallinn, Harju maakondSpace: 128	4116 m²	Commercial land 50%, Residential land 50%
Jahu tänav T2, Põhja-Tallinna linnaosa, Tallinn, Harju maakondSpace: 128	67 m²	Transport land 100%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

No court decisions found

The company has no court decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


08.06.2026	Rahandusministeeriumi Infotehnoloogiakeskus	1 791,80 €Received	OPERATING EXPENSESOther general services
30.04.2026	Eesti Töötukassa	10 000 €Received	OPERATING EXPENSESSocial protection of the unemployed
26.02.2026	Rahandusministeeriumi Infotehnoloogiakeskus	12 858,80 €Received	OPERATING EXPENSESOther general services
14.01.2026	Rahandusministeeriumi Infotehnoloogiakeskus	3 899,80 €Received	OPERATING EXPENSESOther general services
12.12.2025	Rahandusministeeriumi Infotehnoloogiakeskus	6 350,35 €Received	OPERATING EXPENSESOther general services

Funded projects


Jätkusuutliku tarbimise teabe ja toodete eluea toetuskeskkonna koostalitusvõime rakendusuuring2014-2020.15.03.21-0117	Majanduse elavdamineREACT-EU · Ettevõtluse ja Innovatsiooni Sihtasutus	01.11.2021 – 30.04.20232014-2020	597 000 €support 77,3%	596 999,97 €	Completed

State aid


16.09.2026	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 262013	Muu › MuuGrant	134 989,06 €	262013/2600047
02.03.2026	Eesti TöötukassaAid measure 231580	Koolitus VTA › Koolitus VTAGrant	10 000 €	231580/2602286
27.12.2023	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 231514	Muu › MuuGrant	149 981,90 €	231514/2300017
17.11.2022	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 15467	Koolitus VTA › Koolitus VTAGrant	11 951 €	15467/2300254
28.12.2021	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 211025	EK grupierandi määrus 651/2014 Teadus- ja arendustegevuseks ning innovatsiooniks antav abi (artiklid 25-30) › Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringudGrant	391 200 €	211025/2200036

Public procurement contracts


20.07.2026End 19.12.2026	Reference number 308227 · Hankeleping	Rahandusministeeriumi InfotehnoloogiakeskusContracting authority	114 000 €	Concluded
03.04.2025End 30.11.2026	Reference number 290297 · Hankeleping	Rahandusministeeriumi InfotehnoloogiakeskusContracting authority	59 000 €actual 22 397,50 €	Concluded
28.11.2024End 27.08.2025	Reference number 283104	Rahandusministeeriumi InfotehnoloogiakeskusContracting authority	29 410 €	Concluded
06.05.2024End 05.05.2028	Reference number 278693 · Töövõtuleping	Eesti Raamatukoguvõrgu KonsortsiumContracting authority	60 000 €	Concluded
03.04.2024End 30.11.2024	Reference number 273853 · Hankeleping	Rahandusministeeriumi InfotehnoloogiakeskusContracting authority	30 000 €actual 16 720 €	Completed

.ee domains


wanobi.ee	Active	08.10.2024	09.10.2027
edutizer.ee	Active	16.11.2021	17.11.2031
storeverse.ee	Active	26.10.2019	27.10.2026
disainmööbel.ee	Active	15.06.2011	16.06.2027
disainköögid.ee	Active	15.06.2011	16.06.2027

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders

Data comes from public registers.