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Ray Technologies OÜ

RegisteredPrivate limited company (OÜ)Registry code 16724800

Key factsMustamäe linnaosa, Building of pleasure and sporting boats
Registry code
16724800
VAT number
EE102653562
Registered
25 Apr 2023
Address
Harju maakond, Tallinn, Mustamäe linnaosa, Mäepealse tn 1 // Raja tn 15Harju maakondTallinnMustamäe linnaosa
Base map and address location: Estonian Land and Spatial Development Board
Capital
€500
Financial year ends
31.12
Open in the business register

Charts

Revenue and net profit

From the annual reports (RIK).

Profit margin

From the annual reports (RIK).

Balance sheet structure

Equity and liabilities add up to total assets. From the annual reports.

Turnover and employees by quarter

Tax board quarterly data, last 12 quarters.

Annual report figures

Unconsolidated reports, amounts in euros. Employees are the annual average in full-time equivalents (FTE).

Download CSV
202520242023
Income statement
Revenue€41,370
+39%
€29,713
−9.9%
€32,990
Operating profit€16,080−€17,700€24,757
Net profit€16,080
+191%
−€17,692
−171%
€24,762
Profit margin39%−60%75%
Labour costs€11,355€9,749€2,613
Balance sheet
Total assets€23,611
+231%
€7,124
−73%
€26,636
Current assets€23,611€7,124€26,636
Cash€22,795€4,932—
Current liabilities€661€254€2,074
Non-current liabilities———
Equity€22,950
+234%
€6,870
−72%
€24,562
Ratios and staff
Current ratio35.7228.0512.84
Employees (FTE)111
Revenue per employee€41,370€29,713€32,990

Tax board quarterly data

Taxes paid during the quarter, turnover from VAT returns and head count on the last day of the quarter.

QuarterTurnoverState taxesLabour taxesEmployeesAverage salary (estimate)
2026 Q2€686€489€6151€548
2026 Q1€694€271€3881€346
2025 Q4€12,314€3,143€4081€364
2025 Q3€28,257€6,657€4081€364
2025 Q2€2,707€1,406€4081€364
2025 Q1€820€497€3671€327
2024 Q4€0€210€2841€253
2024 Q3€19,172€782€1911€170
2024 Q2€14,999€3,364€4711€420
2024 Q1−€1,568€333€4091€365
2023 Q4€12,608€2,487€5111€455
2023 Q3—€24€26——

Tax debt

This company is not on the tax board's list of debtors as of 06 Oct 2026.

Source: the tax board's list of legal persons with tax debt. Each month shows its last snapshot. Not being on the list does not prove there is no tax debt.

What these figures mean

Tax board turnover sums the quarter's VAT returns, including reverse-charged purchases. It is not annual report revenue and the two are not added up. Turnover months lag the quarter by one month.

Quarterly head count is the employment register on the quarter's last day, excluding board members. Annual report FTE is the year's average in full-time equivalents.

Average salary is an estimate: the gross monthly salary per employee that the labour taxes imply. Labour taxes are paid, not earned, in the quarter, and part-time staff and tax exemptions skew the result.

The current ratio shows how many euros of current assets there are for each euro of current liabilities.