aktsiaselts VÄRSKA SANATOORIUM

Registered
10243330Public limited company (AS)Founded 1997

Key figures

4 538 262 €−3,3%
Revenue 2025
+3,7%
Average annual growth 2019–2025
02 m4 m6 m2019202020212022202320242025

Ratios

2025

Summary: aktsiaselts VÄRSKA SANATOORIUM

What kind of company is it?

Aktsiaselts VÄRSKA SANATOORIUM (registry code 10243330) is a public limited company (AS). The company was entered in the Commercial Register in 1997 and has been registered for 29 years. Registered location: Väike-Rõsna küla, Setomaa vald, Võru maakond. According to the latest annual report, the main activity is hotels (EMTAK 55101). The company is registered for VAT (VAT number EE100000298).

How is the company doing financially?

Revenue in financial year 2025 was 4 538 262 €, down 3,3% on the previous year (4 692 249 €). From 2019 to 2025, revenue grew by an average of 3,7% per year. Financial year 2025 ended with a loss of 38 604 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 84 employees (0 a year earlier). Revenue per employee was 54 027 €. At the end of financial year 2025, total assets were 3 718 011 € and equity 3 130 229 € (84,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 1 158 747 €, up 7,8% on the same quarter a year earlier. The company had 97 employees in that quarter. Labour taxes paid in the quarter: 195 411 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1360 € per month.

Who runs the company and who owns it?

The management board has 2 members. The supervisory board has 3 members.

Where does the data come from and how fresh is it?

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Latest register change: 29.09.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 30.03.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20261 158 747 €97195 411 €
Q2 2026896 204 €102169 614 €
Q1 2026641 477 €97178 798 €
Q4 2025888 737 €95194 197 €
Q3 20251 075 078 €95203 439 €
Q2 2025840 710 €101182 420 €
Q1 2025885 679 €101189 161 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 90 000 € (3% of distributable profit).

History
202590 000 €
202490 000 €
202357 600 €
202290 000 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue3 223 7484 547 6054 604 9454 692 2494 538 262
Net profit38 926172 187225 149147 048−38 604
Retained earnings2 776 0172 724 9432 839 5302 974 6793 031 727
Total assets3 555 0693 607 3613 783 3573 792 9763 718 011
Total liabilities603 020573 125581 572534 143587 782
Total equity2 952 0493 034 2363 201 7853 258 8333 130 229
Employees000084
Calculated dividend090 00057 60090 00090 000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Risks and obligationsAll clear1 for information
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
2 decisions · 1 in favour of the consumer
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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54,55%17,66%aktsiaselts VÄRSKA SA…9+AS EKE7Marika Saar2Anneli IlvesKairi Ustav2Ago Keir2Madis Talgre8Rein Tiik
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

36 records

State aid and de minimis aid in total 235 494 € (2016–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (101 531 €), Riigi Tugiteenuste Keskus (87 456 €), Põllumajanduse Registrite ja Informatsiooni Amet (19 348 €), Elering AS (18 600 €).

Show all aid records (36)
202631 170 €
202515 616 €
202412 880 €
20225854 €
202063 053 €
2019765 €
201865 874 €
201720 856 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusMuu11 592 €05.05.2026
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud18 424 €31.03.2026
Eesti TöötukassaPalgatoetus VTA1153 €18.03.2026
Ettevõtluse ja Innovatsiooni SihtasutusMuu13 993 €01.12.2025
Eesti SpaaliitMuu1022 €27.11.2025
Eesti SpaaliitMuu530 €27.11.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu66 €21.11.2025
Riigi Tugiteenuste KeskusMuu5 €10.01.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu12 880 €04.01.2024
Eesti TöötukassaPalgatoetus VTA5854 €06.04.2022
Ettevõtluse ja Innovatsiooni SihtasutusMuu turundus VTA3000 €21.12.2020
Ettevõtluse ja Innovatsiooni SihtasutusKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"60 000 €26.05.2020
Tallinna LinnakantseleiKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"0 €01.04.2020
Riigi Tugiteenuste KeskusMuu53 €15.02.2020
Riigi Tugiteenuste KeskusMuu46 €11.11.2019
Riigi Tugiteenuste KeskusMuu76 €31.10.2019
Riigi Tugiteenuste KeskusMuu68 €17.09.2019
Riigi Tugiteenuste KeskusMuu68 €17.09.2019
Riigi Tugiteenuste KeskusMuu204 €17.05.2019
Riigi Tugiteenuste KeskusMuu210 €15.05.2019
Riigi Tugiteenuste KeskusMuu91 €23.04.2019
Riigi Tugiteenuste KeskusMuu41 510 €04.12.2018
Riigi Tugiteenuste KeskusMuu24 245 €02.07.2018
Riigi Tugiteenuste KeskusMuu65 €16.11.2017
Riigi Tugiteenuste KeskusTeadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringud20 000 €07.11.2017
Põllumajanduse Registrite ja Informatsiooni AmetMuu26 €19.07.2017
Riigi Tugiteenuste KeskusMuu510 €10.05.2017
Riigi Tugiteenuste KeskusMuu136 €21.04.2017
Riigi Tugiteenuste KeskusMuu108 €27.09.2016
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi18 600 €12.08.2016
Põllumajanduse Registrite ja Informatsiooni AmetMuu248 €22.07.2016
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud131 €22.07.2016
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud281 €22.07.2016
Riigi Tugiteenuste KeskusMuu59 €06.06.2016

The total also includes 2 tax reductions worth 238 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Change history

1 change
  • 29.09.2026Registry entry changed

Entered in the register on 05.08.1997.

Source: Business Register change list and open data.

Annual reportsPDF, XBRL

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies

Largest in the same sector — Accommodation and food service
Same activity — Hotels
Same address

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