Advapay Software OÜ

Legal form:: Private limited company
Registry code:: 14675807
VAT no.:: EE102191875
Fiscal-year period:: 01.01 - 31.12
Established:: 05.03.2019 (7 y)
Capital:: 2 500 EUR
Address:: Narva mnt 7b, Kesklinna linnaosa, Tallinn, Harju maakond, 10117
Status:: Registered
LEI code:: 6488PK8OC38V777K1A47

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Contacts

Phone:: +372 58138319
Phone:: +372 6355108
Email:: gustav.korobov@advapay.eu

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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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478.Advapay Software OÜ1M €

Main activity 62101 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE102191875	24.09.2019	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Not submitted
2024	01.01.2024 – 31.12.2024	06.08.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	30.07.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	01.08.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	05.07.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	28.07.2021	Valid	PDF
2019	05.03.2019 – 31.12.2019	30.10.2020	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 20.10.2026.

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Tax debt143k€Reports1 Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains–Licenses–Regulations3 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	8 825 €	12 886 €	231 740 €+1,5%	2
2026 Q2	0 €	576 €	228 307 €+8,9%	2
2026 Q1	16 391 €	18 056 €	209 599 €−42,5%	2
Total 2026:	25 216 €	31 518 €	669 646 €
2025 Q4	47 356 €	49 666 €	364 342 €+157%	3
2025 Q3	44 464 €	47 274 €	141 725 €+69,7%	3
2025 Q2	56 136 €	58 987 €	83 536 €−67,1%	4
2025 Q1	16 267 €	19 727 €	254 240 €−15,3%	4
Total 2025:	164 223 €	175 654 €	843 843 €
2024 Q4	51 596 €	54 036 €	300 254 €−11,5%	4
2024 Q3	26 142 €	28 514 €	339 151 €+32,3%	4
2024 Q2	76 529 €	81 184 €	256 350 €+8,0%	4
2024 Q1	22 408 €	24 291 €	237 369 €+118 585%	4
Total 2024:	176 675 €	188 025 €	1,13 M €
2023 Q4	2 061 €	4 248 €	200 €	4
2023 Q3	2 883 €	2 832 €	0 €	4
2023 Q2	31 759 €	33 985 €	0 €−100%	4
2023 Q1	11 795 €	13 505 €	154 427 €	4
Total 2023:	48 498 €	54 570 €	154 627 €
2022 Q4	30 594 €	32 985 €	0 €−100%	5
2022 Q3	56 050 €	53 073 €	11 752 €−86,8%	5
2022 Q2	27 139 €	29 784 €	88 900 €+24,1%	6
2022 Q1	42 990 €	46 208 €	71 631 €+953%	6
Total 2022:	156 773 €	162 050 €	172 283 €
2021 Q4	39 822,30 €	42 570,29 €	6 800 €	6
2021 Q3	52 234,42 €	55 572,53 €	0 €−100%	6
2021 Q2	31 137,59 €	33 918,38 €	38 325,12 €+721%	5
2021 Q1	44 798,56 €	47 390,52 €	4 670,80 €−48,4%	8
Total 2021:	167 992,87 €	179 451,72 €	49 795,92 €
2020 Q4	27 362,92 €	30 234,80 €	9 052,70 €+55,7%	8
2020 Q3	41 029,96 €	43 819,62 €	5 812,68 €−31,3%	8
2020 Q2	36 235,89 €	38 318,43 €	8 462,67 €+1 087%	8
2020 Q1	24 710 €	26 212 €	713 €−93,6%	7
Total 2020:	129 338,77 €	138 584,85 €	24 041,05 €
2019 Q4	12 348 €	13 100 €	11 106 €	5
2019 Q3	5 129 €	5 324 €	0 €	3
2019 Q2	1 710 €	1 775 €	0 €	1
Total 2019:	19 187 €	20 199 €	11 106 €

Revenue by industry

	2022	2023	2024
Programming	737 936 €	1 038 707 €	1 085 091 €

Tax debts

Type	Amount	Deferred	Disputed
Interest	7 595 €	0 €	0 €
Social tax	82 378,18 €	0 €	0 €
Income tax in special cases	1 971,53 €	0 €	0 €
Unemployment insurance contributions	3 494,65 €	0 €	0 €
Mandatory funded pension contributions	700,57 €	0 €	0 €
Withheld income tax	46 825,79 €	0 €	0 €
Total	142 965,72 €	0 €	0 €

Representatives

	Personal ID code
Gustav Korobov	38307XXXXXX	22.07.1983 (43)	Board member	05.03.2019	-
Maxim Ivanchenko	36605XXXXXX	25.05.1966 (60)	Board member	05.03.2019	-

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Shareholders

	Personal ID code
Advapay OÜ	12992774	09.02.2016 (10)	Shareholder	2 500 EUR	100,00%	Sole ownership	03.09.2023	-

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Other persons

	Personal ID code
Advapay OÜ	12992774	09.02.2016 (10)	Founder	05.03.2019	-

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Ultimate beneficial owners

	Personal ID code
Maxim Ivanchenko	36605XXXXXX	25.05.1966 (60)	Indirect holding	31.03.2023	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 231 740 €
Monthly average: 77 247 €
Per employee: 38 623 €
Equity ratio: 3 089,87%

Labour taxes

Turnover ratio: 5,56%
Tax ratio: 146,02%
Monthly average: 4 295 €
Per employee: 2 148 €

State taxes

Monthly average: 2 942 €
Turnover ratio: 3,81%

Estimated salary

Gross salary: 3 856 €
Net salary: 3 053 €

Aggregate data

Last 5 yrsAll

	2024	2023	2022	2021	2020	2019
Current assets	422 642 €+33,3%	317 175 €+63,1%	194 443 €−77,9%	880 310 €+32,6%	663 840 €+67,1%	397 189 €
Non-current assets	1 003 694 €+35,2%	742 607 €+0,1%	741 541 €+757%	86 491 €+217%	27 288 €+23,7%	22 067 €
Total assets	1 426 336 €+34,6%	1 059 782 €+13,2%	935 984 €−3,2%	966 801 €+39,9%	691 128 €+64,8%	419 256 €
Short-term liabilities	152 081 €+21,9%	124 743 €+304%	30 905 €−38,3%	50 057 €−9,6%	55 350 €+144%	22 670 €
Long-term liabilities	115 080 €	115 080 €−20,0%	143 880 €−48,0%	276 621 €−75,1%	1 110 445 €+131%	481 000 €
Total liabilities	267 161 €+11,4%	239 823 €+37,2%	174 785 €−46,5%	326 678 €−72,0%	1 165 795 €+131%	503 670 €
Share or stock capital	-	-	-	-	-	-
Retained earnings	-172 541 €+25,4%	-231 301 €+34,4%	-352 377 €+26,2%	-477 167 €−449%	-86 914 €−3 577%	2 500 €
Net profit	339 216 €+477%	58 760 €−51,5%	121 076 €−3,0%	124 790 €+132%	-390 253 €−349%	-86 914 €
Equity	1 159 175 €+41,4%	819 959 €+7,7%	761 199 €+18,9%	640 123 €+235%	-474 667 €−462%	-84 414 €
Turnover	1 085 091 €+4,5%	1 038 707 €+40,8%	737 936 €+19,2%	618 990 €+2 646%	22 539 €	-
Profit margin	31,3%	5,7%	16,4%	20,2%	-1 731,5%	-

Financial ratios

	2021	2020
Profit and cash flow
EBITDA	134 805 €	-
Liquidity
Current ratio	17,6	12,0
Quick ratio	17,6	12,0
Cash ratio	0,1	0,0
Efficiency
Days sales outstanding (dso)	453,9	7 968,0
Asset turnover	0,7	0,0
Structure
Debt ratio	0,3	1,7
Profitability
Operating margin	20,6%	-1 721,0%
Net profit margin	20,2%	-1 731,5%
Return on assets (roa)	15,1%	-70,3%
Return on equity (roe)	19,5%	-

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 50114469 / M1	15.07.2024	Fine-warning order – annual report not filed	14.08.2024	Deficiencies remedied31.07.2024
Ä 50114469 / 2	03.09.2023	Entry – Amendment entry	-	Entered into force03.09.2023
Ä 50114469	05.03.2019	Entry – Initial entry	-	Entered into force05.03.2019

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.