Aves Travel AS
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Aves Travel AS
What kind of company is it?
Aves Travel AS (registry code 10282815) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is travel agency activities (EMTAK 79111). The company is registered for VAT (VAT number EE100185003).
How is the company doing financially?
Revenue in financial year 2025 was 284 951 €, down 11,8% on the previous year (323 192 €). From 2019 to 2025, revenue grew by an average of 10,0% per year. Net profit for financial year 2025 was 35 594 € (12,5% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 6 employees. Revenue per employee was 47 492 €. At the end of financial year 2025, total assets were 381 437 € and equity 238 852 € (62,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 49 674 €, down 12,2% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 16 516 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1780 € per month.
Who runs the company and who owns it?
The company has one management board member. The supervisory board has 3 members. The sole owner of the company is INNOSTEN OÜ.
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. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 29.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 49 674 € | 6 | 16 516 € |
| Q2 2026 | 73 463 € | 6 | 16 251 € |
| Q1 2026 | 46 066 € | 6 | 18 681 € |
| Q4 2025 | 78 777 € | 6 | 18 536 € |
| Q3 2025 | 56 584 € | 6 | 16 353 € |
| Q2 2025 | 81 314 € | 6 | 17 895 € |
| Q1 2025 | 92 245 € | 6 | 19 753 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 117 781 | 228 327 | 258 792 | 323 192 | 284 951 |
| Net profit | 26 743 | 31 436 | 27 445 | 67 360 | 35 594 |
| Retained earnings | 15 513 | 42 256 | 73 692 | 51 137 | 118 497 |
| Total assets | 286 829 | 302 531 | 337 567 | 351 147 | 381 437 |
| Total liabilities | 159 812 | 144 078 | 151 669 | 147 889 | 142 585 |
| Total equity | 127 017 | 158 453 | 185 898 | 203 258 | 238 852 |
| Employees | 5 | 6 | 6 | 6 | 6 |
| Average gross salary (monthly) | 1122 | 1449 | 1570 | 1839 | 1812 |
| Calculated dividend | 0 | 0 | 0 | 50 000 | 0 |
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 obligations2 notes6 clear
Data from public registers, not a credit rating.
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State aid and grants
2 recordsState aid and de minimis aid in total 41 564 € (2020–2022). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (37 686 €), Eesti Töötukassa (3878 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 3878 € | 26.01.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 37 686 € | 27.05.2020 |
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 ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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