Osaühing Estonian Spirit
RegisteredKey figures
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2025Summary: Osaühing Estonian Spirit
What kind of company is it?
Osaühing Estonian Spirit (registry code 10424155) 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: Pirita linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is distilling, rectifying and blending of spirits (EMTAK 11011). The company is registered for VAT (VAT number EE100215478).
How is the company doing financially?
Revenue in financial year 2025 was 186 388 €, down 32,6% on the previous year (276 659 €). From 2019 to 2025, revenue declined by an average of 29,0% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 676 735 €. The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 11 employees. Revenue per employee was 16 944 €. At the end of financial year 2025, total assets were 7 284 503 € and equity 472 709 € (6,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 50 880 €, up 2,1% on the same quarter a year earlier. The company had 8 employees in that quarter. Labour taxes paid in the quarter: 15 939 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1340 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 3 owners. The largest stake (50%) is held by CREVI INVESTEERINGUD 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 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 | 50 880 € | 8 | 15 939 € |
| Q2 2026 | 56 978 € | 9 | 18 071 € |
| Q1 2026 | 77 554 € | 11 | 15 756 € |
| Q4 2025 | 46 452 € | 11 | 17 054 € |
| Q3 2025 | 49 838 € | 11 | 17 972 € |
| Q2 2025 | 46 529 € | 11 | 16 482 € |
| Q1 2025 | 57 321 € | 11 | 16 901 € |
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 | 509 098 | 749 644 | 491 949 | 276 659 | 186 388 |
| Net profit | 2 094 860 | −259 293 | −499 316 | −203 582 | −676 735 |
| Retained earnings | −6 037 619 | −3 942 759 | −4 202 052 | −4 701 368 | −4 904 950 |
| Total assets | 8 012 744 | 7 970 887 | 7 643 882 | 7 697 269 | 7 284 503 |
| Total liabilities | 5 901 109 | 6 118 545 | 6 290 856 | 6 547 825 | 6 811 794 |
| Total equity | 2 111 635 | 1 852 342 | 1 353 026 | 1 149 444 | 472 709 |
| Employees | 12 | 11 | 11 | 11 | 11 |
| Average gross salary (monthly) | 1183 | 1187 | 1220 | 1134 | 1036 |
| 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 note1 for information6 clear
Data from public registers, not a credit rating.
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State aid and grants
10 recordsState aid and de minimis aid in total 89 315 € (2015–2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (82 551 €), Tallinna Tehnikaülikool (5200 €), Põllumajanduse Registrite ja Informatsiooni Amet (1564 €).
Show all aid records (10)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Tallinna Tehnikaülikool | Nõustamine VTA | 800 € | 27.05.2025 |
| Tallinna Tehnikaülikool | Nõustamine VTA | 1400 € | 12.09.2024 |
| Tallinna Tehnikaülikool | Nõustamine VTA | 800 € | 12.09.2024 |
| Tallinna Tehnikaülikool | Nõustamine VTA | 800 € | 12.09.2024 |
| Tallinna Tehnikaülikool | Muu | 600 € | 12.09.2024 |
| Tallinna Tehnikaülikool | Nõustamine VTA | 800 € | 05.12.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 5700 € | 13.05.2022 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Põllumajandussaaduste või -toodete turuarendus | 1500 € | 15.11.2018 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Koolitus VTA · Other | 64 € | 02.06.2016 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 76 851 €* | 14.05.2015 |
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 ↗
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