Codelight OÜ

Legal form:: Private limited company
Registry code:: 12259527
VAT no.:: EE101638850
Fiscal-year period:: 01.01 - 31.12
Established:: 02.04.2012 (14 y)
Former business names:: Blue Lynx OÜ
Capital:: 2 500 EUR
Address:: Madara tn 1-5, Kristiine linnaosa, Tallinn, Harju maakond, 10612
Status:: Registered
E-invoice reception:: e-arveldaja

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Contacts

Phone:: +372 56951664
Email:: info@avalanchelabs.com

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Industries

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

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10.AKTSIASELTS HELMES59.3M €

1295.Codelight OÜ201.9k €

Main activity 62101 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE101638850	29.05.2013	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	16.10.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	01.07.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	14.08.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	06.07.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	22.03.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	09.03.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	06.03.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	12.04.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	09.03.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	10.03.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	28.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	30.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	30.06.2014	Valid	PDF
2012	02.04.2012 – 31.12.2012	27.06.2013	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 20.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains1 Licenses–Regulations21 Public transactions168 Grants–State aid–Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	1 187 €	0 €	33 778 €−30,7%	-
2026 Q2	2 393 €	0 €	48 741 €−34,9%	-
2026 Q1	6 595 €	0 €	74 922 €+68,4%	-
Total 2026:	10 175 €	0 €	157 441 €
2025 Q4	4 727 €	2 126 €	44 499 €−22,2%	-
2025 Q3	27 800 €	13 390 €	57 212 €−2,0%	-
2025 Q2	24 964 €	20 166 €	58 362 €−16,9%	2
2025 Q1	31 579 €	22 257 €	70 225 €−21,5%	4
Total 2025:	89 070 €	57 939 €	230 298 €
2024 Q4	22 342 €	15 934 €	89 508 €+23,1%	4
2024 Q3	24 633 €	16 621 €	72 722 €−49,7%	4
2024 Q2	28 705 €	10 456 €	144 454 €+21,7%	4
2024 Q1	14 452 €	9 722 €	118 690 €−31,3%	3
Total 2024:	90 132 €	52 733 €	425 374 €
2023 Q4	33 449 €	14 652 €	172 815 €+56,9%	3
2023 Q3	20 639 €	14 054 €	110 169 €−41,2%	3
2023 Q2	11 060 €	11 660 €	187 338 €−2,9%	4
2023 Q1	7 970 €	11 709 €	192 883 €+52,0%	4
Total 2023:	73 118 €	52 075 €	663 205 €
2022 Q4	27 316 €	14 526 €	126 864 €+77,1%	4
2022 Q3	17 556 €	12 823 €	71 636 €−44,4%	5
2022 Q2	33 267 €	18 420 €	128 951 €+14,0%	5
2022 Q1	46 838 €	20 267 €	113 075 €+27,2%	7
Total 2022:	124 977 €	66 036 €	440 526 €
2021 Q4	34 871,03 €	23 271,42 €	88 880,60 €+6,8%	7
2021 Q3	40 063 €	33 806,75 €	83 252,80 €−25,7%	8
2021 Q2	45 621,49 €	24 758,33 €	112 051,55 €−1,5%	10
2021 Q1	45 934,66 €	25 838,79 €	113 737,49 €+1,6%	9
Total 2021:	166 490,18 €	107 675,29 €	397 922,44 €
2020 Q4	41 626,76 €	24 560,46 €	111 918,05 €+43,6%	9
2020 Q3	38 018,30 €	23 286,83 €	77 958,13 €−23,1%	10
2020 Q2	35 429,17 €	18 876,13 €	101 319,48 €+24,6%	10
2020 Q1	32 185 €	17 081 €	81 316 €+16,5%	9
Total 2020:	147 259,23 €	83 804,42 €	372 511,66 €
2019 Q4	19 413 €	12 628 €	69 819 €+24,7%	7
2019 Q3	22 592 €	12 297 €	55 986 €−29,8%	6
2019 Q2	25 495 €	12 143 €	79 787 €−2,5%	6
2019 Q1	22 372 €	11 959 €	81 853 €+0,3%	6
Total 2019:	89 872 €	49 027 €	287 445 €
2018 Q4	16 977 €	10 539 €	81 645 €+78,6%	7
2018 Q3	17 708 €	10 680 €	45 726 €−14,8%	7
2018 Q2	22 551 €	11 293 €	53 685 €+8,2%	7
2018 Q1	15 186 €	9 393 €	49 607 €−26,8%	8
Total 2018:	72 422 €	41 905 €	230 663 €
2017 Q4	12 444 €	7 749 €	67 724 €−14,7%	8
2017 Q3	17 878 €	7 158 €	79 433 €+31,3%	6
2017 Q2	11 297 €	6 124 €	60 488 €+75,3%	6
2017 Q1	8 800 €	5 780 €	34 497 €−36,4%	5
Total 2017:	50 419 €	26 811 €	242 142 €
2016 Q4	11 005 €	8 974 €	54 222 €+6,4%	3
2016 Q3	9 533 €	8 434 €	50 964 €+54,4%	3
2016 Q2	10 085 €	5 463 €	33 011 €+55,6%	3
2016 Q1	5 516 €	3 510 €	21 211 €+15,3%	3
Total 2016:	36 139 €	26 381 €	159 408 €
2015 Q4	4 597 €	3 836 €	18 401 €−6,4%	3
2015 Q3	5 426 €	4 097 €	19 650 €+39,8%	3
2015 Q2	4 484 €	2 931 €	14 060 €+15,2%	3
2015 Q1	4 182 €	2 545 €	12 207 €	3
Total 2015:	18 689 €	13 409 €	64 318 €

Revenue by industry

	2023	2024	2025
Programming	584 350 €	398 583 €	237 228 €

Tax debts

No tax debt found

No tax debt as of 20.10.2026

Representatives

	Personal ID code
Rain Kirjanen	38508XXXXXX	17.08.1985 (41)	Board member	24.11.2022	-
Latvian Central Depository	40003XXXXXX	-	Share-register keeper	28.09.2017	-

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Shareholders

	Personal ID code
Avalanche Laboratory OÜ	14175080	27.12.2016 (9)	Shareholder	2 500 EUR	100,00%	Sole ownership	16.08.2023	-

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Other persons

	Personal ID code
Indrek Kõnnussaar	38910XXXXXX	04.10.1989 (37)	Founder	30.03.2012	-

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Ultimate beneficial owners

	Personal ID code
Rain Kirjanen	38508XXXXXX	17.08.1985 (41)	Member of higher governing body (board or supervisory board)	22.09.2026	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 33 778 €
Monthly average: 11 259 €
Per employee: -
Equity ratio: 450,37%

Labour taxes

Turnover ratio: 0,00%
Tax ratio: 0,00%
Monthly average: 0 €
Per employee: -

State taxes

Monthly average: 396 €
Turnover ratio: 3,51%

Estimated salary

Gross salary: -
Net salary: -

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	44 884 €−47,2%	84 992 €−33,8%	128 317 €−29,3%	181 568 €+173%	66 532 €−57,9%	158 129 €+22,7%	128 863 €
Non-current assets	-	86 €−75,0%	344 €−43,3%	607 €−55,7%	1 371 €−77,0%	5 954 €+162%	2 273 €
Total assets	44 884 €−47,2%	85 078 €−33,9%	128 661 €−29,4%	182 175 €+168%	67 903 €−58,6%	164 083 €+25,1%	131 136 €
Short-term liabilities	21 902 €−81,9%	121 310 €+2,4%	118 430 €−34,2%	180 087 €+255%	50 685 €−18,0%	61 833 €−2,2%	63 228 €
Long-term liabilities	-	-	-	-	-	11 908 €−96,0%	295 156 €
Total liabilities	21 902 €−81,9%	121 310 €+2,4%	118 430 €−34,2%	180 087 €+255%	50 685 €−31,3%	73 741 €−79,4%	358 384 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	-38 981 €−641%	7 204 €+1 188%	-662 €−105%	14 468 €−40,9%	24 500 €+86,2%	13 159 €−5,9%	13 980 €
Net profit	59 213 €+228%	-46 186 €−667%	8 143 €+154%	-15 130 €−50,8%	-10 032 €−112%	86 341 €+68,7%	51 178 €
Equity	22 982 €+163%	-36 232 €−454%	10 231 €+390%	2 088 €−87,9%	17 218 €−83,2%	102 250 €+50,6%	67 908 €
Turnover	237 228 €−40,5%	398 583 €−31,8%	584 350 €+34,7%	433 811 €+17,0%	370 917 €−3,3%	383 445 €+43,1%	267 898 €
Profit margin	25,0%	-11,6%	1,4%	-3,5%	-2,7%	22,5%	19,1%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-13 428 €	17 226 €
Liquidity
Current ratio	1,0	1,3
Quick ratio	1,0	1,3
Cash ratio	0,5	0,6
Efficiency
Days sales outstanding (dso)	54,3	33,0
Asset turnover	3,5	3,2
Structure
Debt ratio	1,0	0,7
Profitability
Operating margin	-3,5%	3,3%
Net profit margin	-3,5%	-2,7%
Return on assets (roa)	-12,1%	-8,6%
Return on equity (roe)	-724,6%	-58,3%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 20059777 / 17	18.09.2026	Entry – Amendment entry	-	Entered into force18.09.2026
Ä 20059777 / 16	04.03.2026	Negative entry order – deficiencies not remedied – Amendment entry	-	Entered into force27.03.2026
Ä 20059777 / M4	04.02.2026	Order to remedy deficiencies – Amendment entry	24.02.2026	Entered into force26.02.2026
Ä 20059777 / M3	09.07.2024	Warning for deletion from register – annual report not filed	12.10.2024	Deficiencies remedied15.08.2024
Ä 20059777 / 15	02.01.2024	Entry – Amendment entry	-	Entered into force02.01.2024

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


30.09.2026	Tartu Ülikool	334,80 €Received	OPERATING EXPENSESTertiary education
04.09.2026	Tartu Ülikool	173,60 €Received	OPERATING EXPENSESTertiary education
21.08.2026	Sihtasutus Tallinna Ettevõtlusinkubaatorid	434 €Received	OPERATING EXPENSESGeneral economic and trade policy
10.08.2026	Tartu Ülikool	5 976,80 €Received	OPERATING EXPENSESTertiary education
22.07.2026	Sihtasutus Tallinna Ettevõtlusinkubaatorid	434 €Received	OPERATING EXPENSESGeneral economic and trade policy

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


codelight.ee	Active	10.01.2022	11.01.2027

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.