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MODIRUM MDPAY OÜ's activity report 2022

The company primarily operates in the field of secure authentication services, providing software services on a SAAS (software as a service) basis. The company is one of the largest providers of payment authentication services in the world, processing over 100 million payments annually. The company offers a license-based solution to several major payment service providers who sell this service along with their other products to various credit and debit card issuing banks. The company has hosting centers in Tallinn and Oslo that meet high security requirements and are certified by Visa,

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MODIRUM OÜ's activity report 2022

OÜ Modirum is a company engaged in software development and service provision. The company mainly develops and licenses credit card payment programs. In 2022,
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OÜ Modirum is a company engaged in software development and service provision. The company mainly develops and licenses credit card payment programs. In 2022, the company hired 2 employees, no salary was paid to the board member and no compensation is paid upon his recall or departure from office. Subcontracting and own employees are used in the provision of services. In 2023, Modirum OÜ will continue to offer and develop the services developed. Key ratios 2022 2021 Return on equity (ROE) = net profit / average -2.63 -0.08 equity Short-term liabilities coverage ratio = current assets /

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