Red Function OÜ

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 12105684
VAT no.VAT no.:: EE101459437
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 12.05.2011 (15 y)
CapitalCapital:: 2 500 EUR
AddressAddress:: Pirni tn 7/1, Kristiine linnaosa, Tallinn, Harju maakond, 10617
StatusStatus:: Registered
LEI codeLEI code:: 64886ULUB9MAZ3306665
E-invoice receptionE-invoice reception:: Arvekeskus

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Contacts

PhonePhone:: +372 56203691
EmailEmail:: margus.laak@redfunction.ee

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Industries

ELECTRONIC COMMUNICATIONS SERVICES, PROGRAMMING, CONSULTANCY, DATA-INFRASTRUCTURE AND OTHER INFORMATION ACTIVITIES
Computer programming, consultancy and related activities
Programming
Programming
62101 – Programming

VAT liability

VAT no.	Start	End
EE101459437	28.06.2011	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	04.05.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	30.05.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	02.07.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	30.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	31.08.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	16.08.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	25.08.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	14.07.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	09.10.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	14.08.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	04.07.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	02.07.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	02.07.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	03.07.2013	Valid	PDF
2011	12.05.2011 – 31.12.2011	02.07.2012	Valid	PDF
2011	12.05.2011 – 31.12.2011	01.07.2012	Expired	PDF

Unsubmitted declarations

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No unsubmitted declarations as of 30.09.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains3 Licenses–Regulations9 Public transactions18 Grants–State aid1 Public procurement10 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	101 030 €	73 441 €	183 680 €−43,4%	12
2026 Q1	135 567 €	83 903 €	324 461 €−5,6%	13
Total 2026:	236 597 €	157 344 €	508 141 €
2025 Q4	128 548 €	75 029 €	343 875 €+10,9%	13
2025 Q3	126 435 €	76 897 €	310 196 €+29,3%	12
2025 Q2	105 199 €	70 509 €	239 896 €+0,5%	14
2025 Q1	107 351 €	66 290 €	238 718 €+35,5%	13
Total 2025:	467 533 €	288 725 €	1,13 M €
2024 Q4	87 073 €	59 374 €	176 116 €+18,9%	12
2024 Q3	87 938 €	62 508 €	148 085 €−22,1%	13
2024 Q2	97 854 €	64 551 €	190 190 €+14,7%	13
2024 Q1	93 068 €	64 850 €	165 832 €+30,6%	13
Total 2024:	365 933 €	251 283 €	680 223 €
2023 Q4	69 322 €	60 025 €	126 967 €−43,5%	13
2023 Q3	104 867 €	52 063 €	224 711 €+17,5%	12
2023 Q2	57 815 €	40 229 €	191 323 €−16,8%	12
2023 Q1	71 250 €	44 861 €	229 916 €+7,3%	11
Total 2023:	303 254 €	197 178 €	772 917 €
2022 Q4	59 927 €	37 779 €	214 211 €+16,7%	10
2022 Q3	70 407 €	41 578 €	183 582 €−9,3%	10
2022 Q2	71 244 €	46 465 €	202 484 €+42,8%	11
2022 Q1	61 214 €	44 555 €	141 844 €−1,0%	11
Total 2022:	262 792 €	170 377 €	742 121 €
2021 Q4	56 774,87 €	35 477,30 €	143 265,79 €+25,1%	10
2021 Q3	46 955,03 €	31 926,61 €	114 566,28 €+7,0%	9
2021 Q2	44 654,52 €	29 951,21 €	107 067,37 €+13,7%	9
2021 Q1	40 739,33 €	28 309,61 €	94 196,94 €−11,6%	10
Total 2021:	189 123,75 €	125 664,73 €	459 096,38 €
2020 Q4	35 696,81 €	23 822,54 €	106 607,97 €+30,4%	9
2020 Q3	39 284,90 €	25 957,36 €	81 749,09 €−9,3%	8
2020 Q2	34 821,82 €	25 554,89 €	90 112,07 €+7,3%	8
2020 Q1	34 118 €	24 518 €	83 943 €+2,7%	8
Total 2020:	143 921,53 €	99 852,79 €	362 412,13 €
2019 Q4	32 436 €	21 603 €	81 767 €−1,8%	8
2019 Q3	35 235 €	23 217 €	83 244 €−2,0%	8
2019 Q2	28 013 €	16 664 €	84 906 €+10,1%	7
2019 Q1	24 693 €	15 797 €	77 140 €−4,8%	6
Total 2019:	120 377 €	77 281 €	327 057 €
2018 Q4	34 524 €	19 915 €	81 004 €+6,6%	6
2018 Q3	26 477 €	16 500 €	75 987 €+11,8%	6
2018 Q2	23 057 €	16 091 €	67 951 €−6,5%	6
2018 Q1	26 580 €	16 898 €	72 659 €+16,3%	8
Total 2018:	110 638 €	69 404 €	297 601 €
2017 Q4	26 641 €	14 718 €	62 449 €−1,8%	6
2017 Q3	24 117 €	14 866 €	63 617 €+6,3%	6
2017 Q2	23 403 €	14 535 €	59 855 €+6,4%	6
2017 Q1	18 278 €	10 613 €	56 230 €	6
Total 2017:	92 439 €	54 732 €	242 151 €
2016 Q4	17 178 €	7 574 €	56 209 €+24,3%	3
2016 Q3	10 947 €	6 095 €	45 232 €+19,2%	3
2016 Q2	10 659 €	5 111 €	37 934 €+21,5%	3
2016 Q1	9 337 €	4 206 €	31 214 €+43,8%	3
Total 2016:	48 121 €	22 986 €	170 589 €
2015 Q4	6 355 €	5 288 €	21 703 €+51,8%	1
2015 Q3	4 002 €	3 484 €	14 301 €−45,6%	1
2015 Q2	6 544 €	6 406 €	26 294 €−13,0%	1
2015 Q1	7 572 €	7 364 €	30 224 €	1
Total 2015:	24 473 €	22 542 €	92 522 €

Revenue by industry

	2023	2024	2025
Programming	755 628 €	675 066 €	1 105 694 €

Tax debts

No tax debt found

No tax debt as of 30.09.2026

Representatives

	Personal ID code
Margus Laak	37812XXXXXX	21.12.1978 (47)	Board member	12.05.2011	-

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Shareholders

	Personal ID code
Margus Laak	37812XXXXXX	21.12.1978 (47)	Shareholder	1 750 EUR	70,00%	Sole ownership	02.09.2023	-
Viljar Põvvat	38401XXXXXX	18.01.1984 (42)	Shareholder	750 EUR	30,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
Margus Laak	37812XXXXXX	21.12.1978 (47)	Founder	11.05.2011	-

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Ultimate beneficial owners

	Personal ID code
Margus Laak	37812XXXXXX	21.12.1978 (47)	Direct holding	09.10.2018	-
Viljar Põvvat	38401XXXXXX	18.01.1984 (42)	Direct holding	09.10.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 183 680 €
Monthly average: 61 227 €
Per employee: 5 102 €
Equity ratio: 2 449,07%

Labour taxes

Turnover ratio: 39,98%
Tax ratio: 72,69%
Monthly average: 24 480 €
Per employee: 1 958 €

State taxes

Monthly average: 33 677 €
Turnover ratio: 55,00%

Estimated salary

Gross salary: 3 533 €
Net salary: 2 811 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	283 942 €+45,1%	195 703 €−17,7%	237 670 €−8,8%	260 529 €+30,1%	200 259 €+27,1%	157 550 €+3,1%	152 756 €
Non-current assets	28 484 €−31,4%	41 499 €−23,9%	54 514 €+158%	21 120 €+700%	2 640 €+485%	-	451 €
Total assets	312 426 €+31,7%	237 202 €−18,8%	292 184 €+3,7%	281 649 €+38,8%	202 899 €+28,8%	157 550 €+2,8%	153 207 €
Short-term liabilities	138 527 €+52,2%	91 009 €−7,4%	98 239 €+18,2%	83 081 €+83,6%	45 243 €+45,5%	31 100 €−2,6%	31 944 €
Long-term liabilities	24 252 €−27,2%	33 307 €−20,7%	41 986 €+169%	15 625 €	-	-	-
Total liabilities	162 779 €+30,9%	124 316 €−11,3%	140 225 €+42,1%	98 706 €+118%	45 243 €+45,5%	31 100 €−2,6%	31 944 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	87 551 €−41,3%	149 209 €+33,3%	111 894 €−9,8%	123 990 €+2,2%	121 300 €+2,4%	118 513 €+14,5%	103 524 €
Net profit	59 346 €+252%	-39 073 €−205%	37 315 €−33,6%	56 203 €+67,2%	33 606 €+548%	5 187 €−65,4%	14 989 €
Equity	149 647 €+32,6%	112 886 €−25,7%	151 959 €−16,9%	182 943 €+16,0%	157 656 €+24,7%	126 450 €+4,3%	121 263 €
Turnover	1 105 694 €+63,8%	675 066 €−10,7%	755 628 €−1,3%	765 858 €+66,6%	459 702 €+27,3%	361 034 €+14,1%	316 502 €
Profit margin	5,4%	-5,8%	4,9%	7,3%	7,3%	1,4%	4,7%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	3,1	4,4
Quick ratio	3,1	4,4
Cash ratio	2,0	3,6
Efficiency
Days sales outstanding (dso)	24,8	55,8
Asset turnover	3,2	2,6
Structure
Debt ratio	0,4	0,2
Profitability
Operating margin	8,8%	8,2%
Net profit margin	7,3%	7,3%
Return on assets (roa)	23,2%	18,6%
Return on equity (roe)	30,7%	21,3%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10156155 / 8	24.05.2025	Entry – Amendment entry	-	Entered into force24.05.2025
Ä 10156155 / 7	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023
Ä 10156155 / 6	08.06.2018	Entry – Amendment entry under CRA § 525 (2)	-	Entered into force08.06.2018
Ä 10156155 / 5	17.01.2018	Entry – Amendment entry	-	Entered into force17.01.2018
Ä 10156155 / 4	02.12.2017	Entry – Amendment entry	-	Entered into force02.12.2017

Real estate

No real estate found

Company has no real estate

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


30.06.2026	Siseministeeriumi infotehnoloogia- ja arenduskeskus	6 956,90 €Received	NON-CURRENT ASSETSOther public order and safety, incl. administration
20.07.2023	Registrite ja Infosüsteemide Keskus	37 301,82 €Received	NON-CURRENT ASSETSOther public order and safety, incl. administration
05.07.2023	Registrite ja Infosüsteemide Keskus	37 966,80 €Received	NON-CURRENT ASSETSOther public order and safety, incl. administration
18.05.2023	Registrite ja Infosüsteemide Keskus	39 634,75 €Received	NON-CURRENT ASSETSOther public order and safety, incl. administration
06.04.2023	Registrite ja Infosüsteemide Keskus	34 076,70 €Received	NON-CURRENT ASSETSOther public order and safety, incl. administration

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


12.06.2024	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 231469	Turundustegevused VTA › Ekspordi edendamine VTAGrant	11 534 €	231469/2500302

Public procurement contracts


15.04.2026End 05.01.2027	Menetlusteenuste infosüsteemide analüüsi- ja arendustööde tellimineReference number 279770 · Leping	Siseministeeriumi infotehnoloogia- ja arenduskeskusContracting authority	56 104 €actual 30 857,20 €	Concluded
26.02.2025End 29.12.2025	Menetlusteenuste infosüsteemide analüüsi- ja arendustööde tellimineReference number 279770 · Leping	Siseministeeriumi infotehnoloogia- ja arenduskeskusContracting authority	56 851,20 €	Completed
20.11.2024End 20.11.2028	Menetlusteenuste infosüsteemide analüüsi- ja arendustööde tellimineReference number 279770 · Ühispakkujad (Täitja 13) ) Merada OÜ, DomeStack OÜ,Red Function OÜ	Siseministeeriumi infotehnoloogia- ja arenduskeskusContracting authority	8 500 000 €actual 0 €	Concluded
30.01.2024End 30.01.2028	IT- ja andmeteadustöödReference number 263753 · 263753 IT- ja andmeteadustööd RAAMLEPING Red Function	Riigi Infosüsteemi AmetContracting authority	20 000 000 €	Concluded
15.09.2023	ILIAS arendus- ja hooldustöödReference number 268839 · Hankeleping	Riigi Kaitseinvesteeringute KeskusContracting authority	120 000 €	Concluded

.ee domains


andmeaadu.ee	Active	01.12.2023	02.12.2026
iseteenindus.ee	Active	04.03.2015	05.03.2027
redfunction.ee	Active	13.12.2011	14.12.2026

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.