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Initialize OÜ

Legal form:

Private limited company

Registry code:

14456933

VAT no.:

EE102071322

Fiscal-year period:

01.01 - 31.12

Established:

27.03.2018 (8)

Capital:

2 500 EUR

Address:

J. Sütiste tee 35, Mustamäe linnaosa, Tallinn, Harju maakond, 13414

Status:

Registered

Contacts

Email:

info.initialize@gmail.com

Phone:

+372 58605647

Industries

TRANSPORTATION AND STORAGE
Warehousing and support activities for transportation
Supporting activities for transportation
Other supporting activities for transportation
52261 - Organisation and freight forwarding of consignments

VAT liability

	Start	End
EE102071322	23.05.2018

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	08.03.2026	Valid
2024	01.01.2024 - 31.12.2024	21.01.2025	Valid
2023	01.01.2023 - 31.12.2023	04.04.2024	Valid
2022	01.01.2022 - 31.12.2022	08.06.2023	Valid
2021	01.01.2021 - 31.12.2021	22.05.2022	Valid
2020	01.01.2020 - 31.12.2020	08.05.2021	Valid
2019	01.01.2019 - 31.12.2019	03.05.2020	Valid
2018	27.03.2018 - 31.12.2018	13.05.2019	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 12.06.2026.

???

Credit rating

Hidden

Credit rating is based on company financial data and payment behavior. detailed analysis available to regia+ users.

020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	1 499 €	1 554 €	22 725 €66.2%	-
Kokku 2026:	1 499 €	1 554 €	22 725 €
2025 Q4	1 499 €	1 554 €	67 293 €184.6%	-
2025 Q3	1 499 €	1 554 €	23 644 €13.3%	-
2025 Q2	1 499 €	1 554 €	27 260 €47.1%	-
2025 Q1	1 456 €	1 510 €	51 525 €44.7%	-
Kokku 2025:	5 953 €	6 172 €	169 722 €73.6%
2024 Q4	1 531 €	1 538 €	35 610 €66.5%	-
2024 Q3	1 652 €	1 614 €	21 393 €25.3%	-
2024 Q2	1 774 €	1 690 €	17 070 €28.0%	-
2024 Q1	1 774 €	1 690 €	23 714 €48.3%	-
Kokku 2024:	6 731 €	6 532 €	97 787 €5.5%
2023 Q4	2 199 €	1 690 €	45 861 €164.2%	-
2023 Q3	1 774 €	1 690 €	17 357 €29.4%	-
2023 Q2	1 774 €	1 690 €	13 410 €16.4%	-
2023 Q1	0 €	1 690 €	16 043 €67.2%	-
Kokku 2023:	5 748 €	6 760 €	92 671 €15.5%
2022 Q4	1 774 €	1 690 €	48 933 €315.2%	-
2022 Q3	1 774 €	1 690 €	11 785 €64.1%	-
2022 Q2	1 916 €	1 690 €	32 810 €103.5%	-
2022 Q1	2 071 €	1 690 €	16 125 €10.6%	-
Kokku 2022:	7 535 €	6 760 €	109 653 €29.1%
2021 Q4	1 774 €	1 690 €	14 586 €48.0%	-
2021 Q3	1 774 €	1 690 €	28 026 €13.8%	-
2021 Q2	1 831 €	1 690 €	24 631 €39.0%	-
2021 Q1	1 774 €	1 690 €	17 719 €38.3%	1
Kokku 2021:	7 154 €	6 760 €	84 962 €29.3%
2020 Q4	2 728 €	1 690 €	28 714 €126.9%	1
2020 Q3	1 774 €	1 690 €	12 657 €14.4%	1
2020 Q2	1 821 €	1 690 €	11 064 €16.8%	1
2020 Q1	1 774 €	1 690 €	13 295 €57.3%	1
Kokku 2020:	8 097 €	6 760 €	65 730 €30.2%
2019 Q4	2 006 €	1 766 €	31 156 €146.2%	1
2019 Q3	1 896 €	1 766 €	12 655 €39.4%	1
2019 Q2	1 079 €	1 053 €	20 870 €29.1%	1
2019 Q1	0 €	0 €	29 431 €191.3%	1
Kokku 2019:	4 981 €	4 585 €	94 112 €5.5%
2018 Q4	491 €	0 €	10 103 €87.8%	0
2018 Q3	0 €	0 €	83 120 €1 202.8%	0
2018 Q2	137 €	0 €	6 380 €	0
Kokku 2018:	628 €	0 €	99 603 €

Revenue by industry

	2023	2024	2025
Organisation and freight forwarding of consignments		115 548 €	159 646 €
Freight forwarding	98 736 €

Tax debts

No tax debt found

No tax debt as of 12.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Tarvo Kuning	38611XXXXXX	16.11.1986 (39)	Board member	27.03.2018	-

1 - 1 / 1 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Tarvo Kuning	38611XXXXXX	16.11.1986 (39)	Shareholder	2 500,00 EUR	100	Sole ownership	01.09.2023	-

1 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Tarvo Kuning	38611XXXXXX	16.11.1986 (39)	Founder	26.03.2018	-

1 - 1 / 1 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Tarvo Kuning	38611XXXXXX	16.11.1986 (39)	Direct holding	19.10.2018	-

1 - 1 / 1 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q1

Turnover

Amount

22 725 €

Monthly average

7 575 €

Per employee

0 €

Equity ratio

303,00%

Labour taxes

Turnover ratio

6,84%

Tax ratio

103,67%

Monthly average

518 €

Per employee

0 €

State taxes

Monthly average

500 €

Turnover ratio

6,60%

Estimated salary

Gross salary

0 €

Net salary

0 €

Aggregate data

	2025	2024	2023	2022	2021	2020	2019
Current assets	38 909 €22.1%	49 919 €38.6%	36 020 €4.3%	37 627 €4.3%	36 090 €1.5%	36 646 €10.4%	33 192 €
Non-current assets	5 762 €2.9%	5 936 €296.8%	1 496 €76.3%	6 301 €43.8%	11 210 €30.5%	16 118 €23.3%	21 026 €
Total assets	44 671 €20.0%	55 855 €48.9%	37 516 €14.6%	43 928 €7.1%	47 300 €10.4%	52 764 €2.7%	54 218 €
Short-term liabilities	7 349 €67.5%	22 611 €360.2%	4 913 €13.8%	4 317 €12.6%	3 835 €27.3%	5 277 €32.9%	3 971 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	7 349 €67.5%	22 611 €360.2%	4 913 €13.8%	4 317 €12.6%	3 835 €27.3%	5 277 €32.9%	3 971 €
Share or stock capital	2 500 €	2 500 €	2 500 €	2 500 €	2 500 €	2 500 €	2 500 €
Retained earnings	30 744 €2.1%	30 103 €18.9%	37 111 €9.4%	40 965 €8.9%	44 987 €5.8%	47 747 €53.9%	31 019 €
Net profit	4 078 €536.2%	641 €109.1%	-7 008 €81.8%	-3 854 €4.2%	-4 022 €45.7%	-2 760 €116.5%	16 728 €
Equity	37 322 €12.3%	33 244 €2.0%	32 603 €17.7%	39 611 €8.9%	43 465 €8.5%	47 487 €5.5%	50 247 €
Turnover	159 646 €38.2%	115 548 €17.0%	98 736 €10.4%	110 229 €33.9%	82 315 €22.4%	67 255 €29.7%	95 633 €
Profit margin	2.55%360.5%	0.55%107.8%	-7.10%103.0%	-3.50%28.4%	-4.89%19.1%	-4.10%123.5%	17.49%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	X YSG	-A WQS	C UVG	882	2 144
Liquidity
Current ratio	M.A	T.X	Y.C	9.4	6.9
Quick ratio	M.U	V.P	V.H	9.4	6.9
Cash ratio	D.P	B.A	G.L	8.1	6.0
Efficiency
Days sales outstanding (dso)	AC.Z	QU.J	FM.S	22.4	29.4
Asset turnover	G.F	N.L	T.S	1.6	1.3
Structure
Debt ratio	W.U	H.L	Q.S	0.1	0.1
Profitability
Operating margin	B.K%	-H.Q%	-G.E%	-4.9%	-4.1%
Net profit margin	B.W%	-C.I%	-F.K%	-4.9%	-4.1%
Return on assets (roa)	I.L%	-BL.X%	-R.C%	-8.0%	-5.2%
Return on equity (roe)	V.H%	-PU.T%	-P.G%	-9.3%	-5.8%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 50090734 / 2	01.09.2023	Entry - Amendment entry		Entered into force (01.09.2023)
Ä 50090734	27.03.2018	Entry - Initial entry		Entered into force (27.03.2018)

1 - 2 / 2 rows

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

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

No public transactions found

Company has no public transactions

.ee domains

Domain	Status	Registered	Expires	End
initialise.ee	Active	27.03.2018	28.03.2027	-
initialize.ee	Active	27.03.2018	28.03.2027	-

1 - 2 / 2 rows

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