Turnit OÜ

Legal form:: Private limited company
Registry code:: 12851752
VAT no.:: EE101797403
Fiscal-year period:: 01.01 - 31.12
Established:: 18.05.2015 (11 y)
Former business names:: Jiffi OÜ, T solutions OÜ
Capital:: 13 786,71 EUR
Address:: Turu tn 2, Tartu linn, Tartu linn, Tartu maakond, 51004
Status:: Registered

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Contacts

Phone:: +372 5018160
Email:: ulo.sare@turnit.com
Website:: https://turnit.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

Industry TOPNo. 69 of 4813 companies

1.Pipedrive OÜ385.5M €
2.Dreamersoftware OÜ230M €
3.pawaTech OÜ214.1M €
4.Eleks Holding OÜ165.9M €
5.Veriff OÜ143.7M €
6.Nortal AS121.5M €
7.Spribe OÜ85.7M €
8.Botguard OÜ68.7M €
9.Goldmont OÜ60.5M €
10.AKTSIASELTS HELMES59.3M €

69.Turnit OÜ8.8M €

Main activity 62101 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE101797403	15.06.2015	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	29.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	17.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	20.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	30.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	06.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	28.05.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	25.08.2020	Valid	PDF
2019	01.01.2019 – 31.12.2019	01.07.2020	Expired	PDF
2018	01.01.2018 – 31.12.2018	10.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	30.05.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	27.06.2017	Valid	PDF
2015	18.05.2015 – 31.12.2015	20.10.2017	Valid	PDF
2015	18.05.2015 – 31.12.2015	20.06.2017	Expired	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 20.10.2026.

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Tax debt Reports Declarations Court decisions1 Official announcements2 TTJA decisions–Real estate–.ee domains2 Licenses–Regulations34 Public transactions10 Grants1 State aid10 Public procurement2 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	448 963 €	488 340 €	2,66 M €+58,8%	54
2026 Q2	385 095 €	420 482 €	1,68 M €−34,4%	51
2026 Q1	393 745 €	428 965 €	2,55 M €+31,2%	49
Total 2026:	1,23 M €	1,34 M €	6,89 M €
2025 Q4	398 860 €	432 873 €	1,95 M €−22,3%	47
2025 Q3	404 180 €	440 912 €	2,51 M €+20,9%	52
2025 Q2	405 456 €	440 126 €	2,07 M €−30,6%	53
2025 Q1	414 648 €	445 596 €	2,99 M €+43,4%	53
Total 2025:	1,62 M €	1,76 M €	9,52 M €
2024 Q4	396 316 €	423 819 €	2,08 M €+17,9%	55
2024 Q3	409 458 €	437 673 €	1,77 M €+28,2%	60
2024 Q2	383 124 €	408 348 €	1,38 M €+13,5%	54
2024 Q1	354 492 €	377 230 €	1,22 M €+19,6%	54
Total 2024:	1,54 M €	1,65 M €	6,45 M €
2023 Q4	337 736 €	360 953 €	1,02 M €−35,7%	53
2023 Q3	303 701 €	323 559 €	1,58 M €+29,2%	49
2023 Q2	278 972 €	298 475 €	1,22 M €+16,9%	48
2023 Q1	259 872 €	276 029 €	1,05 M €−16,0%	46
Total 2023:	1,18 M €	1,26 M €	4,87 M €
2022 Q4	220 389 €	226 579 €	1,25 M €+40,1%	44
2022 Q3	196 009 €	209 169 €	889 443 €−10,1%	36
2022 Q2	168 943 €	179 955 €	989 900 €−10,3%	37
2022 Q1	145 141 €	154 175 €	1,10 M €+140%	34
Total 2022:	730 482 €	769 878 €	4,23 M €
2021 Q4	158 198,24 €	169 435,47 €	460 027,01 €−14,7%	33
2021 Q3	144 006,27 €	154 099,80 €	539 033,23 €−49,1%	34
2021 Q2	143 241,76 €	153 439,18 €	1,06 M €+1,2%	30
2021 Q1	139 747,23 €	149 602,77 €	1,05 M €+123%	35
Total 2021:	585 193,50 €	626 577,22 €	3,10 M €
2020 Q4	126 204,94 €	135 552,81 €	468 014,18 €−22,6%	39
2020 Q3	92 984,37 €	99 519,92 €	604 694,98 €−6,9%	37
2020 Q2	127 553 €	136 419,86 €	649 531 €+32,9%	37
2020 Q1	146 921 €	156 144 €	488 829 €+11,1%	44
Total 2020:	493 663,31 €	527 636,59 €	2,21 M €
2019 Q4	122 738 €	130 018 €	440 020 €−6,8%	42
2019 Q3	120 028 €	127 240 €	472 364 €+25,1%	42
2019 Q2	115 245 €	122 537 €	377 537 €+30,7%	38
2019 Q1	113 276 €	119 721 €	288 878 €−6,2%	36
Total 2019:	471 287 €	499 516 €	1,58 M €
2018 Q4	114 589 €	121 924 €	307 998 €+35,8%	32
2018 Q3	181 278 €	191 752 €	226 730 €−48,4%	34
2018 Q2	185 141 €	190 474 €	439 256 €+33,9%	46
2018 Q1	167 419 €	165 492 €	328 001 €+11,0%	52
Total 2018:	648 427 €	669 642 €	1,30 M €
2017 Q4	152 871 €	159 643 €	295 441 €+23,2%	48
2017 Q3	156 849 €	164 087 €	239 832 €+19,1%	47
2017 Q2	127 368 €	137 220 €	201 389 €+132%	46
2017 Q1	54 246 €	54 175 €	86 913 €	38
Total 2017:	491 334 €	515 125 €	823 575 €
2016 Q4	0 €	0 €	0 €	0
2016 Q3	0 €	0 €	0 €	0
2016 Q2	0 €	0 €	0 €	0
2016 Q1	0 €	0 €	0 €	0
Total 2016:	0 €	0 €	0 €
2015 Q4	0 €	0 €	0 €	0
2015 Q3	0 €	0 €	0 €	0
2015 Q2	0 €	0 €	0 €	0
Total 2015:	0 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Programming	4 809 321 €	8 235 103 €	8 150 754 €

Tax debts

No tax debt found

No tax debt as of 20.10.2026

Representatives

	Personal ID code
Ülo Säre	37406XXXXXX	13.06.1974 (52)	Board member	12.05.2021	-
Marek Tuul	37807XXXXXX	29.07.1978 (48)	Board member	18.05.2015	-

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Shareholders

	Personal ID code
OÜ Mobiilmarketing	11392606	06.06.2007 (19)	Shareholder	12 463,71 EUR	90,40%	Sole ownership	17.07.2025	-
Vy Buss AS	-	-	Shareholder	1 323 EUR	9,60%	Sole ownership	22.05.2023	-

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Other persons

	Personal ID code
Zakaria Abna-Aissa	-	17.07.1978 (48)	Supervisory-board member	12.03.2024	-
Andres Osula	38208XXXXXX	29.08.1982 (44)	Supervisory-board member	01.06.2021	-
T grupp AS	10396045	02.03.1998 (28)	Founder	12.05.2015	-

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Ultimate beneficial owners

	Personal ID code
Andres Osula	38208XXXXXX	29.08.1982 (44)	Indirect holding	18.07.2025	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 2 661 586 €
Monthly average: 887 195 €
Per employee: 16 430 €
Equity ratio: 6 435,15%

Labour taxes

Turnover ratio: 18,35%
Tax ratio: 108,77%
Monthly average: 162 780 €
Per employee: 3 101 €

State taxes

Monthly average: 149 654 €
Turnover ratio: 16,87%

Estimated salary

Gross salary: 5 482 €
Net salary: 4 276 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	1 759 847 €−28,5%	2 460 758 €+212%	788 091 €−0,9%	795 234 €+2,3%	777 088 €+184%	274 007 €−25,4%	367 101 €
Non-current assets	6 487 191 €−3,1%	6 696 102 €+10,7%	6 046 271 €+34,1%	4 508 395 €+43,1%	3 149 662 €+24,9%	2 521 252 €+2,7%	2 453 856 €
Total assets	8 247 038 €−9,9%	9 156 860 €+34,0%	6 834 362 €+28,9%	5 303 629 €+35,1%	3 926 750 €+40,5%	2 795 259 €−0,9%	2 820 957 €
Short-term liabilities	3 328 395 €−15,4%	3 932 209 €+91,6%	2 052 680 €+164%	776 130 €−30,5%	1 117 139 €+124%	499 243 €−50,0%	997 728 €
Long-term liabilities	-	-	450 000 €−78,3%	-	2 070 826 €+15,3%	1 796 785 €+19,2%	1 507 350 €
Total liabilities	3 328 395 €−15,4%	3 932 209 €+57,1%	2 502 680 €+222%	776 130 €−75,7%	3 187 965 €+38,8%	2 296 028 €−8,3%	2 505 078 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	751 276 €+630%	-141 693 €−166%	214 173 €+57,2%	136 285 €+232%	-103 268 €+64,0%	-286 621 €−2 125%	14 152 €
Net profit	-306 008 €−134%	892 969 €+351%	-355 866 €−557%	77 888 €−67,5%	239 553 €+30,7%	183 352 €+161%	-300 773 €
Equity	4 918 643 €−5,9%	5 224 651 €+20,6%	4 331 682 €−4,3%	4 527 499 €+513%	738 785 €+48,0%	499 231 €+58,0%	315 879 €
Turnover	8 150 754 €−1,0%	8 235 103 €+71,2%	4 809 321 €+13,9%	4 221 700 €+43,3%	2 945 480 €+5,6%	2 789 038 €+48,0%	1 883 974 €
Profit margin	-3,8%	10,8%	-7,4%	1,8%	8,1%	6,6%	-16,0%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	1,0	0,7
Quick ratio	1,0	0,7
Cash ratio	0,2	0,0
Efficiency
Days sales outstanding (dso)	245,3	264,1
Asset turnover	0,9	0,9
Structure
Debt ratio	0,1	0,8
Profitability
Operating margin	2,8%	9,3%
Net profit margin	1,8%	8,1%
Return on assets (roa)	1,7%	7,1%
Return on equity (roe)	1,7%	32,4%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 50008419 / 26	31.03.2025	Entry – Amendment entry	-	Entered into force31.03.2025
Ä 50008419 / 25	17.01.2025	Entry – Amendment entry under NSPA § 595¹ (1)	-	Entered into force17.01.2025
Ä 50008419 / 24	31.05.2023	Entry – Amendment entry	-	Entered into force31.05.2023
Ä 50008419 / M8	29.05.2023	Order to remedy deficiencies – Amendment entry	-	Deficiencies remedied31.05.2023
Ä 50008419 / 23	09.05.2023	Entry – Amendment entry	-	Entered into force09.05.2023

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


2-20-11609/7	-	Court ruling	Company law	Andra Pärsimägi, Triin Uusen-Nacke, Kersti Kerstna-Vaks	ECLI:EE:TRRK:2020:2.20.11609.28778	25.09.2020	Open

Official announcements


Notice of division of a company	19.01.2017	PDF
Notice of preparation of a division plan or conclusion of a division agreement	15.12.2016	PDF

Public transactions


05.09.2022	Majandus- ja Kommunikatsiooniministeerium	15 334,39 €Received	OTHER GRANTSR&D in other economic sectors
26.04.2022	Majandus- ja Kommunikatsiooniministeerium	80 215,46 €Received	OTHER GRANTSR&D in other economic sectors
16.02.2022	Majandus- ja Kommunikatsiooniministeerium	76 402,76 €Received	OTHER GRANTSR&D in other economic sectors
13.12.2021	Majandus- ja Kommunikatsiooniministeerium	75 609,69 €Received	OTHER GRANTSR&D in other economic sectors
05.10.2021	Majandus- ja Kommunikatsiooniministeerium	56 739,12 €Received	OTHER GRANTSR&D in other economic sectors

Funded projects


Turnit tootearendus2014-2020.4.04.20-1444	Ettevõtja arenguplaani toetusmeede ettevõtete arendus- ja eksporditegevustele kaasaaitamiseks ning juhtimisvõimekuse tõstmiseksERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	31.12.2020 – 30.06.20222014-2020	579 871 €support 75,0%	579 871 €	Completed

State aid


19.11.2023	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 231469	Turundustegevused VTA › Ekspordi edendamine VTAGrant	8 786 €	231469/2300136
10.03.2021	Eesti TöötukassaAid measure 20985	Koolitus VTA › Koolitus VTAGrant	2 112,96 €	20985/2101321
06.11.2020	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 20875	KOMISJONI TEATIS Riigiabi ajutine raamistik majanduse toetamiseks praeguse COVID-19 puhangu kontekstis › Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"Grant	434 903 €	20875/2000045
11.10.2019	Eesti TöötukassaAid measure 15461	Koolitus VTA › Koolitus VTAGrant	2 000 €	15461/2009565
29.10.2018	Riigi Tugiteenuste KeskusAid measure 17631	Regionaalareng (VTA) › MuuGrant	177 873,38 €	17631/1800031

Public procurement contracts


12.02.2026End 09.11.2026	Reference number 301753 · Liikuvusteenuste ja piletimüügi integreeritud andmevahetusplatvormi MaaS X-tee arendamine	Ettevõtluse ja Innovatsiooni SihtasutusContracting authority	250 000 €	Concluded
21.08.2018End 21.08.2022	Reference number 197576 · RAAMLEPING NR 2/128-18	Registrite ja Infosüsteemide KeskusContracting authority	423 100 €	Completed

.ee domains


turnit.ee	Active	20.11.2020	21.11.2026
tsolutions.ee	Active	09.12.2016	10.12.2027

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.