Adelianz OÜ: the oldest company in the Global Estonia network, revenue melting into labour costs
Adelianz OÜ (registry code 14527107) is an Estonian company founded on 17 Jul 2018 with € 2,500 in capital; its sole shareholder and board member is Aşkın Yıldız. Its main activity code in the register is 63921 (other information service activities); address Viru väljak 2, Tallinn. Its name does not appear on the reviewed pages of globalestonia.com; in the register it is one of the nine companies behind the brand, with the same shareholder and address, and the oldest of them.
Notable in the register
- 2025 report not filed. Although the 30 June 2026 deadline has passed, the 2025 annual report shows as “not submitted”; the entry carries a warning about unfiled reports.
- The previous four reports were late too. The 2021, 2022, 2023 and 2024 reports were filed after the 30 June deadline; the latest was the 2022 report (12 Mar 2024).
- Revenue swings, profit near zero. Revenue was € 94,152 in 2021, € 12,687 in 2023 and € 39,312 in 2024; operating profit in 2024 was € 153.
- Income goes on labour costs. In 2024, € 38,903 in labour costs and 4 employees against € 39,312 in revenue; details: low average wage card.
- Equity € 350. According to the latest balance sheet there is little to collect if a claim succeeds; see the equity card.
(Opinion: the oldest of the nine companies regularly filing late and spending almost all its income on labour costs shows that the network’s finances give customers little reason for confidence.)
Financial statements (register)
| Year | Revenue | Operating profit | Labour costs | Employees | Equity | Margin |
|---|---|---|---|---|---|---|
| 2024 | 39 312 € | 153 € | 38 903 € | 4 | 350 € | 0 % |
| 2023 | 12 687 € | −2 716 € | 3 163 € | 1 | 197 € | −21 % |
| 2022 | 65 515 € | −2 454 € | 7 633 € | 1 | 2 906 € | −4 % |
| 2021 | 94 152 € | 4 822 € | 7 699 € | 1 | 6 150 € | 5 % |
| 2020 | 15 944 € | 1 328 € | 1 000 € | 1 | 1 328 € | 8 % |
Source: e-Business Register; comparison of all companies: financial statements
Cards mentioning this company
Public-record cards that mention it:
- Adelianz OÜ: 4 employees, average € 606 a month each, revenue melting into labour costs
- Adelianz’s equity is € 350: little to collect if a claim succeeds
- Nine companies, near-zero profit: income melts into labour costs, revenues fall
- Clothing, software and information-services companies at one address: activity codes unrelated to the service
Verify it yourself
- Register entry: ariregister.rik.ee/eng/company/14527107 (address, board, EMTAK, annual reports)
- Financial comparison: Äripäev Radar and the financial statements on this site
- The whole network: company network · manager: Aşkın Yıldız
This page brings together public registry data; comments are marked as opinion. The company’s reply is published unedited on the right of reply page.