Etelätär Innovation OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	14.05.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	11.03.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	06.03.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	18.05.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	18.02.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	16.02.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	20.05.2020	Valid	PDF
2019	01.01.2019 – 31.12.2019	30.04.2020	Expired	PDF
2018	01.01.2018 – 31.12.2018	11.07.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	06.11.2018	Valid	PDF
2016	17.08.2015 – 31.12.2016	30.01.2017	Valid	PDF

Unsubmitted declarations

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No unsubmitted declarations as of 22.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains–Licenses–Regulations11 Public transactions–Grants–State aid–Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	1 463 €	0 €	19 048 €−62,9%	-
2026 Q2	-	-	51 354 €+68,0%	-
2026 Q1	103 €	62 €	30 566 €+65,7%	-
Total 2026:	1 566 €	62 €	100 968 €
2025 Q4	200 €	0 €	18 449 €+1,8%	-
2025 Q3	-	-	18 114 €+1,3%	-
2025 Q2	120 €	5 €	17 873 €−43,1%	-
2025 Q1	-	-	31 429 €+1 819%	-
Total 2025:	320 €	5 €	85 865 €
2024 Q4	447 €	0 €	1 638 €+229%	-
2024 Q3	-	-	498 €−91,0%	-
2024 Q2	313 €	0 €	5 507 €−47,8%	-
2024 Q1	-	-	10 551 €+13,0%	-
Total 2024:	760 €	0 €	18 194 €
2023 Q4	-	-	9 338 €+15,8%	-
2023 Q3	63 €	0 €	8 067 €−23,3%	-
2023 Q2	78 €	0 €	10 511 €−73,9%	-
2023 Q1	2 946 €	0 €	40 260 €+49,9%	-
Total 2023:	3 087 €	0 €	68 176 €
2022 Q4	2 976 €	0 €	26 860 €−54,1%	-
2022 Q3	5 536 €	0 €	58 456 €−49,5%	-
2022 Q2	1 833 €	0 €	115 730 €+2 179%	-
2022 Q1	2 985 €	0 €	5 079 €−78,7%	-
Total 2022:	13 330 €	0 €	206 125 €
2021 Q4	168,70 €	0 €	23 829,16 €+493%	-
2021 Q3	110,14 €	68,58 €	4 018,84 €−67,3%	-
2021 Q2	503,19 €	313,30 €	12 292,17 €+1 563%	-
2021 Q1	-	-	738,99 €−60,1%	-
Total 2021:	782,03 €	381,88 €	40 879,16 €
2020 Q4	10,60 €	0 €	1 851,68 €−92,3%	-
2020 Q3	-	-	24 070,13 €+404%	-
2020 Q2	-	-	4 778,21 €−11,1%	-
2020 Q1	131 €	82 €	5 375 €−86,1%	0
Total 2020:	141,60 €	82 €	36 075,02 €
2019 Q4	28 €	0 €	38 748 €+284%	0
2019 Q3	33 €	0 €	10 084 €−4,7%	0
2019 Q2	121 €	18 €	10 577 €−92,0%	0
2019 Q1	0 €	0 €	131 433 €+82,7%	0
Total 2019:	182 €	18 €	190 842 €
2018 Q4	0 €	0 €	71 920 €+153%	0
2018 Q3	0 €	0 €	28 393 €+11,1%	0
2018 Q2	0 €	0 €	25 560 €+111%	0
2018 Q1	551 €	0 €	12 120 €+47,3%	0
Total 2018:	551 €	0 €	137 993 €
2017 Q4	0 €	0 €	8 226 €−78,0%	0
2017 Q3	0 €	0 €	37 351 €+91,5%	0
2017 Q2	0 €	0 €	19 502 €−1,7%	0
2017 Q1	0 €	0 €	19 831 €	0
Total 2017:	0 €	0 €	84 910 €
2016 Q4	0 €	0 €	0 €	2
2016 Q3	0 €	0 €	0 €	2
2016 Q2	0 €	0 €	0 €	2
2016 Q1	0 €	0 €	0 €	2
Total 2016:	0 €	0 €	0 €
2015 Q4	0 €	0 €	0 €	0
2015 Q3	0 €	0 €	0 €	0
Total 2015:	0 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Business and other management consultancy		27 423 €	69 545 €
Business consultancy and other management advice	66 925 €

Tax debts

No tax debt found

No tax debt as of 22.10.2026

Representatives

	Personal ID code
Jose Francisco Papi Ferrando	37009XXXXXX	20.09.1970 (56)	Board member	02.05.2018	-

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Shareholders

	Personal ID code
Jose Francisco Papi Ferrando	37009XXXXXX	20.09.1970 (56)	Shareholder	2 500 EUR	100,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Katrin Allmäe	47802XXXXXX	24.02.1978 (48)	Founder	17.08.2015	-

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Ultimate beneficial owners

	Personal ID code
Jose Francisco Papi Ferrando	37009XXXXXX	20.09.1970 (56)	Direct holding	18.05.2023	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 19 048 €
Monthly average: 6 349 €
Per employee: -
Equity ratio: 253,97%

Labour taxes

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

State taxes

Monthly average: 488 €
Turnover ratio: 7,68%

Estimated salary

Gross salary: -
Net salary: -

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	354 410 €−38,0%	571 493 €+37,3%	416 242 €+8,0%	385 411 €+193%	131 496 €−50,1%	263 310 €−31,7%	385 293 €
Non-current assets	17 708 €	17 708 €	17 708 €−2,4%	18 146 €+1,5%	17 874 €+1 304%	1 273 €−17,2%	1 537 €
Total assets	372 118 €−36,8%	589 201 €+35,8%	433 950 €+7,5%	403 557 €+170%	149 370 €−43,5%	264 583 €−31,6%	386 830 €
Short-term liabilities	193 €−69,4%	631 €−39,3%	1 039 €−77,4%	4 605 €+6,5%	4 325 €+118%	1 986 €−51,3%	4 074 €
Long-term liabilities	1 422 €−99,6%	326 973 €+62,3%	201 469 €+46,8%	137 235 €+2 128%	6 160 €−96,3%	168 036 €−46,9%	316 460 €
Total liabilities	1 615 €−99,5%	327 604 €+61,8%	202 508 €+42,8%	141 840 €+1 253%	10 485 €−93,8%	170 022 €−47,0%	320 534 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	261 597 €+13,0%	231 442 €−11,6%	261 717 €+88,4%	138 885 €+46,8%	94 589 €+42,7%	66 305 €+1 551%	4 017 €
Net profit	108 906 €+261%	30 155 €+200%	-30 275 €−125%	122 832 €+177%	44 296 €+56,8%	28 256 €−54,6%	62 279 €
Equity	370 503 €+41,6%	261 597 €+13,0%	231 442 €−11,6%	261 717 €+88,4%	138 885 €+46,9%	94 561 €+42,6%	66 296 €
Turnover	69 545 €+154%	27 423 €−59,0%	66 925 €−72,2%	240 324 €+83,0%	131 314 €+367%	28 100 €−79,3%	135 492 €
Profit margin	156,6%	110,0%	-45,2%	51,1%	33,7%	100,6%	46,0%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	122 998 €	44 652 €
Liquidity
Current ratio	83,7	30,4
Quick ratio	83,7	30,4
Cash ratio	33,9	29,2
Efficiency
Days sales outstanding (dso)	178,3	147,4
Asset turnover	0,9	0,6
Structure
Debt ratio	0,4	0,1
Profitability
Operating margin	51,1%	33,7%
Net profit margin	51,1%	33,7%
Return on assets (roa)	44,4%	21,4%
Return on equity (roe)	46,9%	31,9%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 50013349 / 10	05.06.2026	Entry – Amendment entry	-	Entered into force05.06.2026
Ä 50013349 / 9	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 50013349 / 8	11.03.2020	Entry – Amendment entry	-	Entered into force11.03.2020
Ä 50013349 / 7	30.10.2019	Entry – Amendment entry	-	Entered into force30.10.2019
Ä 50013349 / M1	19.10.2019	Order to remedy deficiencies – Amendment entry	08.11.2019	Deficiencies remedied30.10.2019

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

No public transactions found

Company has no public transactions

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

No domains found

Company has no valid .ee domains

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.