CWT Estonia OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 203 306 € | 20 | 86 591 € |
| Q2 2026 | 257 197 € | 21 | 80 028 € |
| Q1 2026 | 216 517 € | 21 | 87 492 € |
| Q4 2025 | 268 743 € | 21 | 85 750 € |
| Q3 2025 | 195 171 € | 21 | 92 283 € |
| Q2 2025 | 227 690 € | 21 | 128 407 € |
| Q1 2025 | 244 931 € | 25 | 108 240 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 1 669 737 | 629 331 | 762 241 | 1 358 709 | 1 670 719 | 1 256 292 | 1 163 727 |
| Total non-current assets | 1 027 837 | 17 792 | 7718 | 3205 | 269 419 | 6924 | 8752 |
| Total assets | 2 697 574 | 647 123 | 769 959 | 1 361 914 | 1 940 138 | 1 263 216 | 1 172 479 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 1 010 776 | 496 667 | 762 726 | 1 241 941 | 1 499 429 | 1 036 248 | 883 558 |
| Non-current liabilities | — | — | — | — | 260 085 | 0 | 0 |
| Total liabilities | 1 010 776 | 496 667 | 762 726 | 1 241 941 | 1 759 514 | 1 036 248 | 883 558 |
| Share capital | 52 288 | 52 288 | 52 288 | 52 288 | 52 288 | 52 288 | 52 288 |
| Retained earnings of previous periods | 1 377 290 | 1 629 288 | 92 946 | −50 277 | 12 463 | 73 114 | −330 541 |
| Profit for the year | 251 998 | −1 536 342 | −143 223 | 62 740 | 60 651 | −403 656 | −108 048 |
| Reserves and other equity | 5222 | 5222 | 5222 | 55 222 | 55 222 | 505 222 | 675 222 |
| Total equity | 1 686 798 | 150 456 | 7233 | 119 973 | 180 624 | 226 968 | 288 921 |
| Income statement | |||||||
| Sales revenue | 23 305 245 | 4 319 434 | 6 625 185 | 15 219 537 | 18 313 948 | 15 333 365 | 14 732 501 |
| Operating profit | 266 709 | −530 104 | −138 440 | 71 066 | 65 047 | 12 700 | 157 602 |
| Profit before income tax | 251 998 | −1 536 342 | −143 223 | 62 740 | 60 651 | −403 656 | −108 048 |
| Profit for the reporting year | 251 998 | −1 536 342 | −143 223 | 62 740 | 60 651 | −403 656 | −108 048 |
| Labour costs | 1 396 408 | 1 097 174 | 886 596 | 1 027 134 | 1 140 851 | 1 037 189 | 931 297 |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 46 | 39 | 30 | 30 | 28 | 27 | 22 |
| Calculated dividend | — | 0 | 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 obligationsAll clear
Data from public registers, not a credit rating.
Connections graph
Public procurement
9 contractsPublic contracts won worth 3 943 426 € from 8 contracting authorities (19.12.2023–28.05.2025). Plus 6 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Reisikorraldusteenuse tellimine | Transpordiamet | up to 350 000 € | 28.05.2025 |
| Reisiteenuse hankimine Tartu Rakenduslikule Kolledžile | Tartu Rakenduslik Kolledž | up to 900 000 € | 07.08.2024 |
| EACH õppekava talvekool 2025 | Tartu Ülikool | 12 427 € | 03.07.2024 |
| Reisiteenuse hange | Eesti Pank | 3 500 000 € | 31.05.2024 |
| Reisikorraldusteenuse tellimine Valgamaa Kutseõppekeskusele | Riigi Tugiteenuste Keskus | up to 120 000 € | 31.05.2024 |
| Reisikorraldusteenuse tellimine | Riigi Tugiteenuste Keskus | up to 1 300 000 € | 20.02.2024 |
| Reisiteenuste hange | aktsiaselts TALLINNA SADAM | up to 300 000 € | 14.02.2024 |
| Reisibüroo teenused AS-le Tallinna Lennujaam ja tema tütarettevõtetele | Aktsiaselts Tallinna Lennujaam | 430 999 € | 03.01.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: CWT Estonia OÜ
Overview
CWT Estonia OÜ (registry code 10417646) 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: 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 EE100139622).
Financial results
Revenue in financial year 2025 was 14 732 501 €, down 3,9% on the previous year (15 333 365 €). From 2019 to 2025, revenue declined by an average of 7,4% per year. Financial year 2025 ended with a loss of 108 048 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 22 employees (27 a year earlier). Revenue per employee was 669 659 €. At the end of financial year 2025, total assets were 1 172 479 € and equity 288 921 € (24,6% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 203 306 €, up 4,2% on the same quarter a year earlier. The company had 20 employees in that quarter. Labour taxes paid in the quarter: 86 591 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2670 € per month.
Management and owners
The company has one management board member. The sole owner of the company is CWT Finland Oy.
Data sources and freshness
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 29.05.2026. 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.