Finest Rannahotell OÜ
RegisteredKey figures
Ratios
2025Summary: Finest Rannahotell OÜ
What kind of company is it?
Finest Rannahotell OÜ (registry code 10410673) is a private limited company (OÜ). The company was entered in the Commercial Register in 1998 and has been registered for 28 years. Registered location: Pärnu linn, Pärnu maakond. According to the latest annual report, the main activity is hotels (EMTAK 55101). The company is registered for VAT (VAT number EE101048084).
How is the company doing financially?
Revenue in financial year 2025 was 1 524 380 €, up 3,9% on the previous year (1 467 803 €). From 2019 to 2025, revenue declined by an average of 1,1% per year. Financial year 2025 ended with a loss of 86 678 €. The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 23 employees (22 a year earlier). Revenue per employee was 66 277 €.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1 022 253 €, up 7,7% on the same quarter a year earlier. The company had 20 employees in that quarter. Labour taxes paid in the quarter: 96 485 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2950 € per month.
Who runs the company and who owns it?
The management board has 2 members. The sole owner of the company is AS FINEST GROUP.
What should you look out for?
Equity was negative at the end of financial year 2025 (−160 884 €). Equity is below half of the share capital (2640 €); in this case the Commercial Code requires measures to restore equity.
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 30.06.2026. 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 | 1 022 253 € | 20 | 96 485 € |
| Q2 2026 | 278 964 € | 54 | 36 063 € |
| Q1 2026 | 164 374 € | 9 | 40 923 € |
| Q4 2025 | 193 676 € | 10 | 74 121 € |
| Q3 2025 | 949 507 € | 24 | 102 320 € |
| Q2 2025 | 305 032 € | 54 | 43 996 € |
| Q1 2025 | 125 180 € | 16 | 44 593 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 996 222 | 1 313 909 | 1 377 622 | 1 467 803 | 1 524 380 |
| Net profit | −185 905 | −138 924 | 19 850 | −111 884 | −86 678 |
| Retained earnings | −704 570 | −890 475 | −1 029 399 | −1 009 549 | −1 121 433 |
| Total assets | 2 642 854 | 2 492 487 | 2 385 412 | 2 265 850 | 2 099 721 |
| Total liabilities | 2 746 102 | 2 474 659 | 2 347 734 | 2 340 056 | 2 260 605 |
| Total equity | −103 248 | 17 828 | 37 678 | −74 206 | −160 884 |
| Employees | 18 | 22 | 22 | 22 | 23 |
| Average gross salary (monthly) | 1572 | 1567 | 1799 | 1884 | 1803 |
| Calculated dividend | 0 | 0 | 0 | 0 | 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 obligations1 note7 clear
Data from public registers, not a credit rating.
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State aid and grants
17 recordsState aid and de minimis aid in total 95 483 € (2018–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (74 951 €), Eesti Töötukassa (20 432 €), Riigi Tugiteenuste Keskus (100 €).
Show all aid records (17)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 13 930 € | 04.02.2026 |
| Eesti Töötukassa | Palgatoetus VTA | 3191 € | 23.01.2026 |
| Eesti Töötukassa | Palgatoetus VTA | 46 € | 16.07.2025 |
| Eesti Töötukassa | Palgatoetus VTA | 3519 € | 22.01.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 326 € | 05.06.2024 |
| Eesti Töötukassa | Palgatoetus VTA | 2164 € | 23.01.2024 |
| Eesti Töötukassa | Alaealise töötamise toetus | 3933 € | 27.01.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 31 € | 26.04.2022 |
| Eesti Töötukassa | Palgatoetus VTA | 1255 € | 10.02.2022 |
| Riigi Tugiteenuste Keskus | Muu | 60 € | 03.02.2021 |
| Eesti Töötukassa | Palgatoetus VTA | 1631 € | 01.02.2021 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu turundus VTA | 664 € | 22.06.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 60 000 € | 21.05.2020 |
| Riigi Tugiteenuste Keskus | Muu | 40 € | 06.03.2020 |
| Eesti Töötukassa | Palgatoetus VTA | 1526 € | 04.03.2020 |
| Eesti Töötukassa | Palgatoetus VTA | 1560 € | 19.02.2019 |
| Eesti Töötukassa | Palgatoetus VTA | 1607 € | 27.03.2018 |
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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