Novatours OÜRegistered
Annual report for 2025 not filed.
Going concern uncertainty. In the 2019 report the auditor pointed to material uncertainty about the company's ability to continue as a going concern.
Key figures
48 667 793 €−11,6%
Revenue 2024
−0,6%
Average annual change 2019–2024
Ratios
2024−1,1%
Profit margin
−1,9%
EBITDA margin
52,0%
Equity ratio
1,2×
Current ratio
−6,6%
Return on equity
2132 €
Average gross salary
Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 932 629 € | 22 | 74 333 € |
| Q1 2026 | 2 208 151 € | 20 | 83 095 € |
| Q4 2025 | 2 871 425 € | 23 | 105 848 € |
| Q3 2025 | 1 299 054 € | 25 | 85 061 € |
| Q2 2025 | 1 659 689 € | 25 | 84 913 € |
| Q1 2025 | 2 805 312 € | 22 | 78 289 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2024
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 5 362 582 | 3 595 307 | 5 253 501 | 9 343 267 | 8 720 796 | 9 381 965 |
| Total non-current assets | 7 067 781 | 6 567 285 | 6 557 605 | 6 565 892 | 6 379 883 | 6 375 919 |
| Total assets | 12 430 363 | 10 162 592 | 11 811 106 | 15 909 159 | 15 100 679 | 15 757 884 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 6 337 286 | 4 395 687 | 4 995 548 | 8 735 199 | 6 318 147 | 7 521 759 |
| Non-current liabilities | — | 22 843 | 28 199 | 28 199 | 46 415 | 44 199 |
| Total liabilities | 6 337 286 | 4 418 530 | 5 023 747 | 8 763 398 | 6 364 562 | 7 565 958 |
| Share capital | 102 259 | 102 259 | 102 258 | 102 258 | 102 258 | 102 258 |
| Retained earnings of previous periods | 5 151 415 | 5 980 592 | 5 631 577 | 6 674 874 | 7 033 276 | 8 623 632 |
| Profit for the year | 829 177 | −349 015 | 1 043 297 | 358 402 | 1 590 356 | −544 191 |
| Reserves and other equity | 10 226 | 10 226 | 10 227 | 10 227 | 10 227 | 10 227 |
| Total equity | 6 093 077 | 5 744 062 | 6 787 359 | 7 145 761 | 8 736 117 | 8 191 926 |
| Income statement | ||||||
| Sales revenue | 50 202 307 | 12 686 155 | 35 043 590 | 53 518 072 | 55 056 882 | 48 667 793 |
| Operating profit | 1 168 647 | −7258 | 963 546 | −14 072 | 1 031 524 | −974 774 |
| EBITDA | 1 228 415 | 34 879 | 1 000 698 | 20 469 | 1 076 105 | −933 417 |
| Profit before income tax | 1 373 363 | −349 015 | 1 043 297 | 358 402 | 1 590 356 | −544 191 |
| Profit for the reporting year | 829 177 | −349 015 | 1 043 297 | 358 402 | 1 590 356 | −544 191 |
| Labour costs | 589 042 | 459 752 | 395 221 | 662 858 | 852 980 | 803 699 |
| Depreciation of non-current assets | 59 768 | 42 137 | 37 152 | 34 541 | 44 581 | 41 357 |
| Other indicators | ||||||
| Employees | 31 | 24 | 21 | 25 | 37 | 29 |
| 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.
Connections graph
CompanyPersonShareholderOther roleAdditional link
Related companies
Same activity — Travel agency activities