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Formaloo OÜ

Legal form:

Private limited company

Registry code:

16045714

VAT no.:

EE102290394

Fiscal-year period:

01.01 - 31.12

Established:

07.09.2020 (5)

Capital:

16 321,45 EUR

Address:

A. Lauteri tn 3, Kesklinna linnaosa, Tallinn, Harju maakond, 10114

Status:

Registered

Contacts

Email:

info@formaloo.com

Phone:

+372 55965991

Industries

ELECTRONIC COMMUNICATIONS SERVICES, PROGRAMMING, CONSULTANCY, DATA-INFRASTRUCTURE AND OTHER INFORMATION ACTIVITIES
Computer programming, consultancy and related activities
62901 - Other information technology and computer service activities

VAT liability

	Start	End
EE102290394	18.09.2020

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	Due date 30.06.2026
2024	01.01.2024 - 31.12.2024	23.07.2025	Valid
2023	01.01.2023 - 31.12.2023	12.08.2024	Valid
2022	01.01.2022 - 31.12.2022	26.09.2023	Valid
2021	07.09.2020 - 31.12.2021	06.07.2022	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 03.06.2026.

???

Credit rating

Hidden

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

020406080100

? Risk factors

? Strengths

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	7 467 €	8 104 €	89 739 €14.9%	1
Kokku 2026:	7 467 €	8 104 €	89 739 €
2025 Q4	8 002 €	8 652 €	105 404 €186.3%	1
2025 Q3	11 859 €	12 695 €	36 811 €40.5%	1
2025 Q2	21 018 €	18 171 €	61 818 €38.1%	4
2025 Q1	32 223 €	34 761 €	44 778 €0.5%	3
Kokku 2025:	73 102 €	74 279 €	248 811 €75.6%
2024 Q4	22 970 €	23 057 €	45 019 €55.2%	8
2024 Q3	31 471 €	32 211 €	29 005 €25.6%	7
2024 Q2	35 976 €	30 416 €	39 005 €36.2%	7
2024 Q1	29 428 €	31 737 €	28 633 €78.3%	7
Kokku 2024:	119 845 €	117 421 €	141 662 €135.9%
2023 Q4	20 826 €	21 658 €	16 060 €101.7%	6
2023 Q3	24 156 €	25 996 €	7 961 €72.6%	5
2023 Q2	15 446 €	13 558 €	29 092 €319.1%	6
2023 Q1	10 356 €	7 056 €	6 941 €87.5%	3
Kokku 2023:	70 784 €	68 267 €	60 055 €56.7%
2022 Q4	6 508 €	7 056 €	55 711 €59.5%	2
2022 Q3	7 554 €	7 056 €	34 932 €22.8%	2
2022 Q2	6 593 €	7 056 €	45 227 €1 503.5%	2
2022 Q1	314 €	0 €	2 821 €132.6%	2
Kokku 2022:	20 969 €	21 167 €	138 691 €1 627.2%
2021 Q4	0 €	0 €	1 212 €79.3%	-
2021 Q3	0 €	0 €	5 845 €1 261.8%	-
2021 Q2	0 €	0 €	429 €21.0%	-
2021 Q1	0 €	0 €	543 €3 392.5%	-
Kokku 2021:	0 €	0 €	8 030 €51 504.7%
2020 Q4	0 €	0 €	16 €	-
2020 Q3	0 €	0 €	0 €	-
Kokku 2020:	0 €	0 €	16 €

Revenue by industry

	2022	2023	2024
Other information technology and computer service activities	168 879 €	190 525 €	111 189 €

Tax debts

No tax debt found

No tax debt as of 03.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Farokh Shahabi Nezhad	39105XXXXXX	23.05.1991 (35)	Board member	23.02.2023	-
Mehrnoosh Baratpour	48901XXXXXX	30.01.1989 (37)	Board member	23.02.2023	-

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

1 - 2 / 2 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Farokh Shahabi Nezhad	39105XXXXXX	23.05.1991 (35)	Shareholder	2 500,00 EUR	15,32	Sole ownership	23.07.2024	-
Hasan Noori Negherloo	39103XXXXXX	27.03.1991 (35)	Shareholder	2 500,00 EUR	15,32	Sole ownership	23.07.2024	-
Seyedamir Hashemi	39102XXXXXX	01.02.1991 (35)	Shareholder	2 500,00 EUR	15,32	Sole ownership	23.07.2024	-
Expert Dojo Ventures Fund II, LLC	puuduX	-	Shareholder	869,08 EUR	5,32	Sole ownership	20.06.2023	-
Usaldusfond Change Ventures Fund II	14802XXX	11.09.2019 (6)	Shareholder	1 813,49 EUR	11,11	Sole ownership	20.06.2023	-

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

1 - 5 / 15 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Farokh Shahabi Nezhad	39105XXXXXX	23.05.1991 (35)	Founder	24.08.2020	-

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

1 - 1 / 1 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Farokh Shahabi Nezhad	39105XXXXXX	23.05.1991 (35)	Direct holding	08.03.2023	-
Mehrnoosh Baratpour	48901XXXXXX	30.01.1989 (37)	Direct holding	08.03.2023	-

1 - 2 / 2 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q1

Turnover

Amount

89 739 €

Monthly average

29 913 €

Per employee

29 913 €

Equity ratio

183,27%

Labour taxes

Turnover ratio

9,03%

Tax ratio

108,53%

Monthly average

2 701 €

Per employee

2 701 €

State taxes

Monthly average

2 489 €

Turnover ratio

8,32%

Estimated salary

Gross salary

4 790 €

Net salary

3 708 €

Aggregate data

	2024	2023	2022	2021
Current assets	1 295 898 €27.6%	1 789 501 €1 725.8%	98 010 €128.5%	42 889 €
Non-current assets	166 652 €52.9%	108 965 €379.4%	22 730 €764.9%	2 628 €
Total assets	1 462 550 €23.0%	1 898 466 €1 472.4%	120 740 €165.3%	45 517 €
Short-term liabilities	59 055 €984.0%	5 448 €2.4%	5 319 €572.4%	791 €
Long-term liabilities	-	-	-	-
Total liabilities	59 055 €984.0%	5 448 €2.4%	5 319 €572.4%	791 €
Share or stock capital	16 321 €	16 321 €552.8%	2 500 €	2 500 €
Retained earnings	1 876 697 €10.0%	2 084 413 €4 135.3%	49 215 €64.2%	137 488 €
Net profit	-489 523 €135.7%	-207 716 €426.1%	63 706 €166.9%	-95 262 €
Equity	1 403 495 €25.9%	1 893 018 €1 540.1%	115 421 €158.1%	44 726 €
Turnover	111 189 €41.6%	190 525 €12.8%	168 879 €5 428.0%	3 055 €
Profit margin	-440.26%303.8%	-109.02%389.0%	37.72%101.2%	-3 118.23%

Financial ratios

	2024	2023	2022	2021
Profit and cash flow
EBITDA	-AQM XUI	-YIC JHZ	SH QHV	-94 667
Liquidity
Current ratio	XT.K	JEF.Z	EZ.E	54.2
Quick ratio	IN.W	FND.V	PE.B	54.2
Cash ratio	ZK.L	DPI.L	SR.I	54.0
Efficiency
Days sales outstanding (dso)	BTK.F	VE.E	SJ.D	22.5
Asset turnover	T.C	S.V	H.E	0.1
Structure
Debt ratio	D.B	F.P	E.I	0.0
Profitability
Operating margin	-NQK.H%	-GYE.E%	LI.V%	-3 112.5%
Net profit margin	-GFK.Y%	-PVM.T%	PR.I%	-3 118.2%
Return on assets (roa)	-AZ.X%	-RD.N%	NJ.S%	-209.3%
Return on equity (roe)	-MT.Z%	-GX.X%	JB.Z%	-213.0%

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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 50153013 / M4	17.07.2024	Fine-warning order – annual report not filed	16.08.2024	Deficiencies remedied (12.08.2024)
Ä 50153013 / 4	22.06.2023	Entry - Amendment entry		Entered into force (22.06.2023)
Ä 50153013 / M3	30.05.2023	Order to remedy deficiencies - Amendment entry	14.06.2023	Deficiencies remedied (22.06.2023)
Ä 50153013 / 3	23.02.2023	Entry - Amendment entry		Entered into force (23.02.2023)
Ä 50153013 / 2	10.05.2021	Entry - Amendment entry		Entered into force (10.05.2021)

1 - 5 / 8 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

Date	Party	Amount	Classification
10.10.2025	Majandus- ja Kommunikatsiooniministeerium	3 714.31 € Received	OTHER GRANTS R&D in general economic, trade and labour policy
22.04.2025	Majandus- ja Kommunikatsiooniministeerium	4 068.29 € Received	OTHER GRANTS R&D in general economic, trade and labour policy

Formaloo OÜ

Contacts

Industries

VAT liability

Annual reports

Unsubmitted declarations

No unsubmitted declarations found

Credit rating

Hidden

Tax data

Revenue by industry

Tax debts

No tax debt found

Representatives

Shareholders

Other persons

Ultimate beneficial owners

Holdings in companies

No holdings in companies found

Aggregate data

Financial ratios

Licences & notices

No licenses and notices found

Regulations

Regulations

Real estate

No real estate found

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Official announcements

No official announcements found

Public transactions

Public transactions

.ee domains

No domains found

Enforcement proceedings

No enforcement proceedings found

Payment orders

No payment orders found