GoTrade OÜ

Registered
11177888Private limited company (OÜ)Founded 2005

Key figures

310 900 €−9,9%
Revenue 2025
+7,6%
Average annual growth 2019–2025
0100 k200 k300 k400 k2019202020212022202320242025

Ratios

2025

Summary: GoTrade OÜ

What kind of company is it?

GoTrade OÜ (registry code 11177888) 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: Nüpli küla, Otepää vald, Valga maakond. According to the latest annual report, the main activity is hotels and similar accommodation (EMTAK 5510). The company is registered for VAT (VAT number EE101055093).

How is the company doing financially?

Revenue in financial year 2025 was 310 900 €, down 9,9% on the previous year (344 886 €). From 2019 to 2025, revenue grew by an average of 7,6% per year. Net profit for financial year 2025 was 34 940 € (11,2% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 5 employees. Revenue per employee was 62 180 €. At the end of financial year 2025, total assets were 1 362 592 € and equity 979 322 € (71,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 68 451 €, down 25,1% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 4389 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1040 € per month.

Who runs the company and who owns it?

The management board has 2 members. 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 06.07.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202668 451 €34389 €
Q2 202670 731 €34510 €
Q1 202676 223 €44767 €
Q4 202550 842 €55566 €
Q3 202591 332 €55566 €
Q2 202577 442 €55509 €
Q1 2025102 603 €55010 €

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
20212022202320242025
Sales revenue294 612248 299381 576344 886310 900
Net profit55 05215 110101 04681 17434 940
Retained earnings669 048724 080739 190840 236921 410
Total assets999 3171 006 4311 181 6021 312 3131 362 592
Total liabilities252 265244 269318 394367 931383 270
Total equity747 052762 162863 208944 382979 322
Employees55455
Average gross salary (monthly)567698850832889
Calculated dividend00000

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 note6 clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2024, 2025
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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50%50%GoTrade OÜOsaühing Makarov Muus…6Kirke Makarov6Jüri Makarov
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

13 records

State aid and de minimis aid in total 350 128 € (2015–2025). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (254 583 €), Ettevõtluse ja Innovatsiooni Sihtasutus (59 940 €), Elering AS (34 500 €), Riigi Tugiteenuste Keskus (804 €).

Show all aid records (13)
202519 337 €
202313 828 €
2022804 €
202145 000 €
202091 563 €
201829 934 €
2015149 661 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusMuu19 337 €29.04.2025
Ettevõtluse ja Innovatsiooni SihtasutusKoolitus VTA13 828 €06.03.2023
Riigi Tugiteenuste KeskusMuu216 €08.07.2022
Riigi Tugiteenuste KeskusMuu588 €17.05.2022
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud15 000 €27.12.2021
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud30 000 €14.12.2021
Tarbijakaitse ja Tehnilise Järelevalve AmetMuu300 €16.11.2020
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)34 500 €27.08.2020
Ettevõtluse ja Innovatsiooni SihtasutusKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"18 000 €29.06.2020
Ettevõtluse ja Innovatsiooni SihtasutusKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"8775 €18.05.2020
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud29 988 €06.05.2020
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud29 934 €12.01.2018
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud149 661 €11.09.2015

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 ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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