City Estate OÜ
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: City Estate OÜ
What kind of company is it?
City Estate OÜ (registry code 11109467) is a private limited company (OÜ). The company was entered in the Commercial Register in 2005 and has been registered for 21 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is guest apartments (EMTAK 55204). The company is registered for VAT (VAT number EE101052436).
How is the company doing financially?
Revenue in financial year 2025 was 9741 €, up 15,1% on the previous year (8462 €). From 2022 to 2025, revenue declined by an average of 20,9% per year. Financial year 2025 ended with a loss of 1275 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 9741 €. At the end of financial year 2025, total assets were 1 634 340 € and equity 1 633 598 € (100,0% of assets). Based on labour costs in the report, the estimated average gross salary was about 440 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 901 €, down 18,2% on the same quarter a year earlier.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
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 25.03.2026. 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 | 901 € | — | 0 € |
| Q2 2026 | 17 612 € | — | 0 € |
| Q1 2026 | 6189 € | — | 0 € |
| Q4 2025 | 1034 € | — | 0 € |
| Q3 2025 | 1101 € | — | 1516 € |
| Q2 2025 | 1313 € | 1 | 890 € |
| Q1 2025 | 461 € | 1 | 362 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 38 131 € (2% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | — | 19 657 | 15 042 | 8462 | 9741 |
| Net profit | 23 783 | 11 638 | 2711 | 6075 | −1275 |
| Retained earnings | 1 622 381 | 1 646 164 | 1 592 802 | 1 595 513 | 1 563 457 |
| Total assets | 1 754 226 | 1 751 321 | 1 671 176 | 1 675 907 | 1 634 340 |
| Total liabilities | 36 646 | 22 103 | 4247 | 2903 | 742 |
| Total equity | 1 717 580 | 1 729 218 | 1 666 929 | 1 673 004 | 1 633 598 |
| Employees | 1 | 1 | 0 | 0 | 1 |
| Average gross salary (monthly) | — | — | — | — | 442 |
| Calculated dividend | 9315 | 0 | 65 000 | 0 | 38 131 |
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
Click a node to see its other connections.
State aid and grants
2 recordsState aid and de minimis aid in total 59 800 € (2021). Largest grantors: Elering AS (59 800 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Elering AS | Tegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43) | 29 900 € | 31.01.2021 |
| Elering AS | Tegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43) | 29 900 € | 31.01.2021 |
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
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- Premier Restaurants Eesti OÜ43,0 m €
- Baltic Restaurants Estonia AS38,6 m €
- Osaühing TLG HOTELL21,3 m €
- P. DUSSMANN EESTI Osaühing20,2 m €
- HMP Hotellid OÜ18,8 m €