General information

Contacts

Industries

Jah

VAT liability

Annual reports

✓

Unsubmitted declarations

???

Credit rating

Tax data

✓

Tax debts

Related persons

Holdings in companies

Statistics

Summary of reports

Licenses

Regulations

Real estate

TTJA decisions

Court decisions

Official announcements

Public transactions

.ee domains

✓

Enforcement proceedings

✓

Payment orders

AdFlare Software OÜ

Legal form:

Private limited company

Registry code:

16300785

VAT no.:

EE102734135

Fiscal-year period:

01.01 - 31.12

Established:

26.08.2021 (4)

Former business names:

Advertising Apps Ltd OÜ

Capital:

2 500 EUR

Address:

Vana-Viru tn 13-15, Kesklinna linnaosa, Tallinn, Harju maakond, 10111

Status:

Registered

Contacts

Email:

info@ad-flare.com

Phone:

+372 56902757

Phone:

+372 56959888

Industries

ELECTRONIC COMMUNICATIONS SERVICES, PROGRAMMING, CONSULTANCY, DATA-INFRASTRUCTURE AND OTHER INFORMATION ACTIVITIES
Data infrastructure, processing, hosting and other IT activities
Web search portal and other information service activities
63911 - Web search portal activities

VAT liability

	Start	End
EE102734135	03.05.2024

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	27.05.2026	Valid
2024	01.01.2024 - 31.12.2024	29.01.2025	Valid
2023	01.01.2023 - 31.12.2023	21.07.2024	Valid
2022	01.09.2022 - 31.12.2022	05.11.2024	Valid
2022	26.08.2021 - 31.08.2022	28.08.2023	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 21.07.2026.

???

Credit rating

Hidden

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

020406080100

? Risk factors

? Strengths

View summary

✓

Tax debt

✓

Unsubmitted reports

✓

Unsubmitted declarations

Court decisions

Official announcements

TTJA decisions

Real estate

.ee domains

Licenses

Regulations

Public transactions

Holdings in companies

✓

Enforcement proceedings

✓

Payment orders

Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	7 700 €	8 191 €	13 483 €14.1%	-
2026 Q1	296 177 €	8 807 €	15 704 €57.8%	-
Kokku 2026:	303 877 €	16 998 €	29 187 €
2025 Q4	8 765 €	9 115 €	37 211 €20.8%	-
2025 Q3	30 991 €	9 115 €	47 009 €13.1%	-
2025 Q2	38 239 €	9 115 €	41 553 €11.0%	-
2025 Q1	108 740 €	8 794 €	46 715 €78.8%	-
Kokku 2025:	186 735 €	36 139 €	172 488 €37.0%
2024 Q4	5 334 €	5 436 €	220 557 €314.6%	-
2024 Q3	0 €	0 €	53 200 €	-
2024 Q2	0 €	0 €	0 €	-
Kokku 2024:	5 334 €	5 436 €	273 757 €

Revenue by industry

	2023	2024	2025
Web search portal activities		496 657 €	2 016 499 €
Programming	10 €	81 700 €
Administration of computer systems and databases	5 €
Web portal activities	5 €

Tax debts

No tax debt found

No tax debt as of 21.07.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Margus Mikitski	38904XXXXXX	28.04.1989 (37)	Board member	26.08.2021	-
Martin Link	38901XXXXXX	25.01.1989 (37)	Board member	26.08.2021	-

1 - 2 / 2 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Martin Link	38901XXXXXX	25.01.1989 (37)	Shareholder	1 242,50 EUR	49,7	Sole ownership	02.09.2023	-
Margus Mikitski	38904XXXXXX	28.04.1989 (37)	Shareholder	1 257,50 EUR	50,3	Sole ownership	02.09.2023	-

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

1 - 2 / 2 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Margus Mikitski	38904XXXXXX	28.04.1989 (37)	Founder	23.08.2021	-
Martin Link	38901XXXXXX	25.01.1989 (37)	Founder	23.08.2021	-

1 - 2 / 2 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Margus Mikitski	38904XXXXXX	28.04.1989 (37)	Direct holding	26.08.2021	-
Martin Link	38901XXXXXX	25.01.1989 (37)	Direct holding	26.08.2021	-

1 - 2 / 2 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount

13 483 €

Monthly average

4 494 €

Per employee

0 €

Equity ratio

179,77%

Labour taxes

Turnover ratio

60,75%

Tax ratio

106,38%

Monthly average

2 730 €

Per employee

0 €

State taxes

Monthly average

2 567 €

Turnover ratio

57,11%

Estimated salary

Gross salary

0 €

Net salary

0 €

Aggregate data

	2025	2024	2023	2022
Current assets	1 475 627 €211.9%	473 122 €2 365 510.0%	20 €	-
Non-current assets	109 614 €119.9%	49 846 €	-	-
Total assets	1 585 241 €203.1%	522 968 €2 614 740.0%	20 €	-
Short-term liabilities	89 619 €51.4%	59 177 €	-	-
Long-term liabilities	-	-	-	-
Total liabilities	89 619 €51.4%	59 177 €	-	-
Share or stock capital	2 500 €	2 500 €	2 500 €	2 500 €
Retained earnings	-	-2 480 €0.8%	-2 500 €	-2 500 €
Net profit	1 493 122 €222.0%	463 771 €2 318 755.0%	20 €	-
Equity	1 495 622 €222.5%	463 791 €2 318 855.0%	20 €	-
Turnover	2 016 499 €248.7%	578 357 €2 891 685.0%	20 €	-
Profit margin	74.05%7.7%	80.19%19.8%	100.00%	0.00%

Financial ratios

	2025	2024	2023	2022
Profit and cash flow
EBITDA	R CSR ZNR	FZY AQB	-	-
Liquidity
Current ratio	RE.H	Z.Y	-	-
Quick ratio	IX.N	M.F	-	-
Cash ratio	OX.M	M.T	-	-
Efficiency
Days sales outstanding (dso)	WC.Y	DE.O	TII.T	-
Asset turnover	Q.L	D.O	X.W	-
Structure
Debt ratio	A.V	R.R	Q.O	-
Profitability
Operating margin	GO.B%	JE.E%	RWP.T%	-
Net profit margin	YL.N%	AW.K%	SGF.M%	-
Return on assets (roa)	QVN.D%	TYI.A%	OLV.I%	-
Return on equity (roe)	CH.K%	WXN.J%	ADD.Z%	-

To view all financial ratios, you need to subscribe to extended access to the info portal!

Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 50181481 / 7	08.04.2025	Entry - Amendment entry		Entered into force (08.04.2025)
Ä 50181481 / 6	21.01.2025	Entry - Amendment entry		Entered into force (21.01.2025)
Ä 50181481 / 5	20.09.2024	Negative entry order – deficiencies not remedied - Amendment entry		Entered into force (06.10.2024)
Ä 50181481 / M2	19.08.2024	Order to remedy deficiencies - Amendment entry	18.09.2024	Entered into force (20.09.2024)
Ä 50181481 / M1	18.07.2024	Warning for deletion from register – annual report not filed	21.10.2024	Deficiencies remedied (22.07.2024)

1 - 5 / 9 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
kodukond.ee	Active	30.06.2026	01.07.2027	-
kogukodu.ee	Active	31.05.2026	01.06.2027	-
ad-flare.ee	Active	08.11.2024	09.11.2026	-
adflare.ee	Active	08.11.2024	09.11.2026	-
faceshop.ee	Active	12.09.2024	13.09.2027	-

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

1 - 5 / 5 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