ETENRU
RegisteredHarju County
Registry code
16218669
VAT number
EE102413346
Address
Harju maakond, Tallinn, Kesklinna linnaosa, Tornimäe tn 3 // 5 // 7, 10145
Registered
29.04.2021 · 5 yrs
Activity
Programmeerimine 62101
Capital
2 500 €
Email
p•••@l•••.systemsLog in to see
Website
www.liquidity.systems from email
LEI
64885S76IW9BG2QA0473 ISSUED
Business Register 05.10.2026
Sales revenue74 580 €-36%2025 annual report
Profit1 060 €2025 annual report
Labour taxes per quarter0 €Tax Board 2026 Q2
Cash84 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 04.10.2026
Revenue 12 months95 375 €-48%Tax Board, last 4 quarters
State taxes 12 months599 €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 17 595 €
74 k21 k72 k15 k33 k24 k20 k18 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
A
Good, low risk
80 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 05.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingA → BBB → A
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 48% vs a year earlier
Notification when something changes
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Data

Board and owners

2 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 1
Piotr Duda1 companyno tax debtPersonal ID ↗06.06.2023
Other persons 1
DigiRepresent Services OÜ1549 companies63 with tax debtKontaktisikPersonal ID ↗25.06.2025
Shareholders 1
Piotr Duda100,0% 2 500 €03.09.2023
Beneficial owners 1
Piotr Duda1 companyno tax debtdirect holding07.06.2023

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue0,2%
Labour taxes / revenue0,0%
Revenue per employee per month—
Gross salary (estimate)—
Net salary (estimate)—

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q217 595 €▲ 15%0 €35 €—
2026 Q120 280 €▼ 72%0 €93 €—
2025 Q424 073 €▲ 12%———
2025 Q333 427 €▼ 55%0 €471 €—
2025 Q215 274 €▼ 70%———
2025 Q171 908 €▲ 4026%0 €273 €—
2024 Q421 495 €▲ 1040%0 €95 €—
2024 Q373 958 €▲ 485%0 €74 €—
2024 Q250 380 €▲ 536%0 €8 €—
2024 Q11 743 €▼ 87%0 €643 €—
2023 Q41 886 €▼ 98%0 €202 €—
2023 Q312 653 €▼ 93%0 €62 €—
Show full history (18 quarters)
2023 Q27 926 €▼ 92%———
2023 Q113 737 €▼ 67%———
2022 Q477 857 €0 €0 €—
2022 Q3178 522 €———
2022 Q2101 336 €0 €2 €—
2022 Q141 350 €———

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue74 580 €▼ 36%116 k €▲ 545%18 016 €▼ 91%200 k €▲ 94%103 k €
Profit1 060 €▲ into profit-7 249 €▼ 208%-2 351 €▲ 76%-9 759 €▼ into loss55 989 €
Profit margin1,4%-6,2%-13,0%-4,9%54,2%
Retained earnings8 856 €▼ 45%16 105 €▼ 65%45 735 €▼ 18%55 494 €—
Cash84 €▼ 99%9 094 €▲ 125%4 039 €▲ 27%3 187 €—
Current assets6 742 €▼ 74%25 974 €▼ 46%48 078 €▲ 8%44 486 €▼ 37%70 442 €
Fixed assets3 805 €▲ 328%890 €▼ 32%1 316 €▼ 44%2 344 €—
Assets10 547 €▼ 61%26 864 €▼ 46%49 394 €▲ 5%46 830 €▼ 34%70 442 €
Current liabilities631 €▼ 96%18 008 €▲ 200%6 010 €▲ 449%1 095 €▼ 93%14 948 €
Total liabilities631 €▼ 96%18 008 €▲ 200%6 010 €▲ 449%1 095 €▼ 93%14 948 €
Equity9 916 €▲ 12%8 856 €▼ 80%43 384 €▼ 5%45 735 €▼ 18%55 494 €
Labour costs0 €0 €0 €0 €0 €
Employees00000
Filed15.07.202607.07.202501.05.202405.12.202327.09.2023
ReportIn the Business Register ↗In the Business Register ↗In the Business Register ↗In the Business Register ↗In the Business Register ↗

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Programmeerimine main activity6210174 580 €100%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

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Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 04.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

none

No transactions with state agencies, procurement contracts or grants found

RTK Saldo, Riigihangete register, RTK toetatud projektid

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

60
UpSkills OÜDigiRepresent Services OÜ4,8 m €AAEstoxy OÜDigiRepresent Services OÜ2,9 m €AAApliteni OÜDigiRepresent Services OÜ2,7 m €AAEstudio16 OÜDigiRepresent Services OÜ573 k €AACybiq OÜDigiRepresent Services OÜ535 k €AEfforta OÜDigiRepresent Services OÜ414 k €APlayJoy OÜDigiRepresent Services OÜ344 k €BBBIWT Water Baltic OÜDigiRepresent Services OÜ220 k €AAxis Rewards Europe OÜDigiRepresent Services OÜ200 k €CDisintegrated Communications OÜDigiRepresent Services OÜ198 k €AAAEttor OÜDigiRepresent Services OÜ189 k €AAParrok OÜDigiRepresent Services OÜ187 k €AADisruptive Partners OÜDigiRepresent Services OÜ164 k €AAaimley OÜDigiRepresent Services OÜ109 k €BBBCodica Latam OÜDigiRepresent Services OÜ109 k €ARelative Technologies Solution OÜDigiRepresent Services OÜ101 k €CAGICS OÜDigiRepresent Services OÜ80 633 €ATuturama OÜDigiRepresent Services OÜ75 726 €AFertighausexperten OÜDigiRepresent Services OÜ75 356 €BBBa12i OÜDigiRepresent Services OÜ73 909 €BBLookastic OÜDigiRepresent Services OÜ71 931 €APythia AIEE OÜDigiRepresent Services OÜ62 854 €ARed Ram Technology OÜDigiRepresent Services OÜ61 009 €BBBScaleup Business Development OÜDigiRepresent Services OÜ55 151 €AKanowah Collective OÜDigiRepresent Services OÜ54 840 €AConvertin OÜDigiRepresent Services OÜ44 642 €AKRIYAZEN OÜDigiRepresent Services OÜ42 576 €ATwo Cakes Studio OÜDigiRepresent Services OÜ36 338 €BBBAI4SEC OÜDigiRepresent Services OÜ26 407 €BBBWeGoTrip OÜDigiRepresent Services OÜ24 111 €AInnovaly Services OÜDigiRepresent Services OÜ21 057 €BBDigital Ventures Group OÜDigiRepresent Services OÜ20 765 €BBBAustverg OÜDigiRepresent Services OÜ20 660 €Abitinc OÜDigiRepresent Services OÜ19 502 €BBBrite Apps OÜDigiRepresent Services OÜ19 260 €AGoGoMusic OÜDigiRepresent Services OÜ9 615 €AHostCoders OÜDigiRepresent Services OÜ8 653 €BBDigitalMediaBoost OÜDigiRepresent Services OÜ3 767 €ADroneALERT OÜDigiRepresent Services OÜ3 472 €Anovafacile OÜDigiRepresent Services OÜ3 197 €ABaking Bad OÜDigiRepresent Services OÜ3 100 €A2ndPen OÜDigiRepresent Services OÜ2 794 €AI | A INTANGIBLE ASSETS OÜDigiRepresent Services OÜ2 520 €BBBQBRI OÜDigiRepresent Services OÜ562 €BAppwide OÜDigiRepresent Services OÜ559 €AArteon Marketing OsaühingDigiRepresent Services OÜ120 €BBDVL OÜDigiRepresent Services OÜ91 €BBBCloud is noise OÜDigiRepresent Services OÜ51 €ATribal Sensation OÜDigiRepresent Services OÜ0 €BBADBURST OÜDigiRepresent Services OÜ0 €BBgiggontour OÜDigiRepresent Services OÜ0 €AXFLEX OÜDigiRepresent Services OÜ0 €Samay Glamping OÜDigiRepresent Services OÜ0 €CMFA Consult OÜDigiRepresent Services OÜ0 €BBKopfgescheit OÜDigiRepresent Services OÜ0 €CDiSpecie OÜDigiRepresent Services OÜ0 €iCognition OÜDigiRepresent Services OÜ0 €CFree Range Kids EU OÜDigiRepresent Services OÜ0 €BBAutomated Trading System OÜDigiRepresent Services OÜ0 €BBBIntegrality OÜDigiRepresent Services OÜ0 €

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Programmeerimine

20
#CompanyRevenue
1Pipedrive OÜ236,8 m €
2pawaTech OÜ100,6 m €
3Eleks Holding OÜ79,9 m €
4Veriff OÜ78,5 m €
5Nortal AS64,4 m €
6Goldmont OÜ61,2 m €
7osaühing Playtech Estonia54,5 m €
8AKTSIASELTS HELMES46,3 m €
9Spribe OÜ40,4 m €
10Breakwater Technology OÜ31,0 m €
11A2verse OÜ30,8 m €
12Twilio Estonia OÜ29,4 m €
13Stiltsoft Europe OÜ25,2 m €
14Trinidad Wiseman OÜ23,9 m €
15Ridango AS23,0 m €
16Botguard OÜ21,0 m €
17Rush Street Interactive Development Estonia OÜ19,6 m €
18Dream Finance OÜ19,6 m €
19Viseven Europe OÜ18,2 m €
20Toggl OÜ18,0 m €

Liquidity Systems OÜ: place 2443 /6033

Similar size: Osaühing Vaarmets Consulting, NorthStream OÜ, Be Clicked Agency OÜ, Worldwidedev OÜ, IA Tech OÜ, Jawilla OÜ, E-Interactive OÜ, Taikoden OÜ, May.Tau OÜ, Testingquality OÜ

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Domains

1 records

Domains

DomainSource
liquidity.systemsemail

History and notices

7
DateTypeContent
25.06.2025EntryAmendment entry
01.07.2024EntryAmendment entry
03.09.2023EntryAmendment entry
06.06.2023EntryAmendment entry
03.05.2023EntryAmendment entry
29.04.2021EntryFirst entry
29.04.2021Order to remedy deficienciesFirst entry