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SummaryLegal & StatusTimelineNetworkOwnership & ManagementShareholdersUltimate Beneficial OwnerGeographyFinancialsFinancial HealthDocuments

Smartis OÜ

🇪🇪Estonia•Osaühing•Active
Net margin (2024)Net margin
-7.5%
YoY revenue (2023 vs 2024)YoY revenue
-55.6%
Current ratio (2024)Current ratio

Summary

Country🇪🇪Estonia
StatusActive
Registration Number11794011
Founded08/12/2009
AddressPargi, Miiaste küla, Põlva Vald, Põlva Maakond, Põlva Vald, Põlva Maakond, 63214

Legal & Status

Legal FormOsaühing
StatusActive
Registration Date08/12/2009
Registry AuthorityEstonian Business Register / Äriregister
Registered Capital2,556

Source: Estonia RIK · Last updated: 24/04/2026

Timeline (2 events)

24/04/2026

Legal form changed

→ Osaühing

08/12/2009

Company incorporated

Incorporation date: 2009-12-08

Network

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Network depth

Ownership & Management

Persons with significant control

Marko Raudlam

Person with significant control

Appointed: 01/07/2023

—

Ownership Timeline (1 changes)

01/07/2023

Appointed Marko Raudlam (person)

Person with significant control

Shareholders

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Ultimate Beneficial Owner

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Geography

Headquarters

Pargi

Miiaste küla, Põlva Vald, Põlva Maakond

Põlva Vald

Põlva Maakond

63214

Financials

Key figures from annual accounts filings.

Convert to

2019

Turnover: €18.3K

Key figures

Turnover

2019€18,345
2020€28,403
2021€14,489
2022€13,600
2023€16,398
2024€7,285

Revenue

2019€18,345
2020€28,403
2021€14,489
2022€13,600
2023€16,398
2024€7,285

Profit / (loss)

2019€-3,428
2020€-2,979
2021€192
2022€-106
2023€1,171
2024€-547

Total assets

2019€42,021
2020€62,104
2021€46,960
2022€37,514
2023€31,149
2024€14,565

Equity

2019€5,482
2020€2,503
2021€2,695
2022€2,589
2023€3,760
2024€3,213

Share Capital

2019€2,556
2020€2,556
2021€2,556
2022€2,556
2023€2,556
2024€2,556

Current Assets

2019€7,759
2020€5,980
2021€2,078
2022€1,595
2023€3,914
2024€2,045

Assets

2019€42,021
2020€62,104
2021€46,960
2022€37,514
2023€31,149
2024€14,565

Cash And Cash Equivalents

2019—
2020—
2021€1,833
2022€498
2023€849
2024€43

Current Liabilities

2019€7,649
2020€21,939
2021€13,947
2022€7,536
2023€7,536
2024€11,352

Issued Capital

2019€2,556
2020€2,556
2021€2,556
2022€2,556
2023€2,556
2024€2,556

Non Current Assets

2019€34,262
2020€56,124
2021€44,882
2022€35,919
2023€27,235
2024€12,520

Non Current Liabilities

2019€28,890
2020€37,662
2021€30,318
2022€27,389
2023€19,853
2024€0

Retained Earnings Loss

2019€6,354
2020€2,926
2021€-309
2022€-117
2023€-223
2024€948

Total Annual Period Profit Loss

2019€-3,428
2020€-2,979
2021€192
2022€-106
2023€1,171
2024€-547

Total Profit Loss

2019€-3,428
2020€-2,979
2021€192
2022€-106
2023€1,171
2024€-547

Total Profit Loss Before Tax

2019€-3,428
2020€-2,979
2021€192
2022€-106
2023€1,171
2024€-547
Metric201920202021202220232024
Turnover€18,345€28,403€14,489€13,600€16,398€7,285
Revenue€18,345€28,403€14,489€13,600€16,398€7,285
Profit / (loss)€-3,428€-2,979€192€-106€1,171€-547
Total assets€42,021€62,104€46,960€37,514€31,149€14,565
Equity€5,482€2,503€2,695€2,589€3,760€3,213
Share Capital€2,556€2,556€2,556€2,556€2,556€2,556
Current Assets€7,759€5,980€2,078€1,595€3,914€2,045
Assets€42,021€62,104€46,960€37,514€31,149€14,565
Cash And Cash Equivalents——€1,833€498€849€43
Current Liabilities€7,649€21,939€13,947€7,536€7,536€11,352
Issued Capital€2,556€2,556€2,556€2,556€2,556€2,556
Non Current Assets€34,262€56,124€44,882€35,919€27,235€12,520
Non Current Liabilities€28,890€37,662€30,318€27,389€19,853€0
Retained Earnings Loss€6,354€2,926€-309€-117€-223€948
Total Annual Period Profit Loss€-3,428€-2,979€192€-106€1,171€-547
Total Profit Loss€-3,428€-2,979€192€-106€1,171€-547
Total Profit Loss Before Tax€-3,428€-2,979€192€-106€1,171€-547

Documents

Document downloads are not available yet for French companies.

Annual report

Accounts for the accounting period ending on: 31/12/2024

Filed: 15/07/2025

Annual report

Accounts for the accounting period ending on: 31/12/2023

Filed: 29/06/2024

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Muutmiskanne

02/09/2023

Annual report

Accounts for the accounting period ending on: 31/12/2022

Filed: 01/07/2023

Annual report

Accounts for the accounting period ending on: 31/12/2021

Filed: 21/07/2022

Annual report

Accounts for the accounting period ending on: 31/12/2020

Filed: 29/06/2021

Annual report

Accounts for the accounting period ending on: 31/12/2019

Filed: 21/06/2020

Muutmiskanne ÄS § 525 lg 2 alusel

01/07/2019

Muutmiskanne

17/01/2018

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Liabilities to equity (2024)Liabilities to equity
3.53×
YoY profit / (loss) (2023 vs 2024)YoY profit / (loss)
-146.7%

Financial Health

Derived ratios from annual accounts. Values are omitted when data is missing or not meaningful.

Margins

Net margin (2019)
-18.7%
Net margin (2020)
-10.5%
Net margin (2021)
1.3%
Net margin (2022)
-0.8%
Net margin (2023)
7.1%
  1. –
  2. –
  3. –Smartis OÜ
Net margin (2024)
-7.5%

Growth

YoY revenue (2019 vs 2020)
+54.8%
YoY profit / (loss) (2019 vs 2020)
+13.1%
YoY total assets (2019 vs 2020)
+47.8%
YoY revenue (2020 vs 2021)
-49%
YoY profit / (loss) (2020 vs 2021)
+106.4%
YoY total assets (2020 vs 2021)
-24.4%
YoY revenue (2021 vs 2022)
-6.1%
YoY profit / (loss) (2021 vs 2022)
-155.2%
YoY total assets (2021 vs 2022)
-20.1%
YoY revenue (2022 vs 2023)
+20.6%
YoY profit / (loss) (2022 vs 2023)
+1,204.7%
YoY total assets (2022 vs 2023)
-17%
YoY revenue (2023 vs 2024)
-55.6%
YoY profit / (loss) (2023 vs 2024)
-146.7%
YoY total assets (2023 vs 2024)
-53.2%
CAGR revenue (2019–2024)
-16.9%
CAGR total assets (2019–2024)
-19.1%

Efficiency & returns

Asset turnover (2019)
0.44×
Return on assets (net) (2019)
-8.2%
Asset turnover (2020)
0.46×
Return on assets (net) (2020)
-4.8%
Asset turnover (2021)
0.31×
Return on assets (net) (2021)
0.4%
Asset turnover (2022)
0.36×
Return on assets (net) (2022)
-0.3%
Asset turnover (2023)
0.53×
Return on assets (net) (2023)
3.8%
Asset turnover (2024)
0.5×
Return on assets (net) (2024)
-3.8%

Working capital & liquidity

Current ratio (2019)
1.01×
Current ratio (2020)
0.27×
Current ratio (2021)
0.15×
Current ratio (2022)
0.21×
Current ratio (2023)
0.52×
Current ratio (2024)
0.18×

Capital structure

Equity ratio (2019)
13%
Liabilities to total assets (2019)
87%
Liabilities to equity (2019)
6.67×
Equity ratio (2020)
4%
Liabilities to total assets (2020)
96%
Liabilities to equity (2020)
23.81×
Equity ratio (2021)
5.7%
Liabilities to total assets (2021)
94.3%
Liabilities to equity (2021)
16.42×
Equity ratio (2022)
6.9%
Liabilities to total assets (2022)
93.1%
Liabilities to equity (2022)
13.49×
Equity ratio (2023)
12.1%
Liabilities to total assets (2023)
87.9%
Liabilities to equity (2023)
7.28×
Equity ratio (2024)
22.1%
Liabilities to total assets (2024)
77.9%
Liabilities to equity (2024)
3.53×
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