OÜ Kivimäe Hostel

Registered
11204220Private limited company (OÜ)Founded 2006

Key figures

202 148 €−2,7%
Revenue 2025
+17,2%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: OÜ Kivimäe Hostel

What kind of company is it?

OÜ Kivimäe Hostel (registry code 11204220) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 20 years. Registered location: Taagepera küla, Tõrva vald, Valga maakond. According to the latest annual report, the main activity is hostels (EMTAK 55201). The company is registered for VAT (VAT number EE101024723).

How is the company doing financially?

Revenue in financial year 2025 was 202 148 €, down 2,7% on the previous year (207 735 €). From 2019 to 2025, revenue grew by an average of 17,2% per year. Net profit for financial year 2025 was 63 187 € (31,3% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 101 074 €. At the end of financial year 2025, total assets were 792 017 € and equity 779 917 € (98,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 44 752 €, down 46,1% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2175 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1450 € per month.

Who runs the company and who owns it?

The management board has 2 members. The sole owner of the company is 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 25.02.2026. 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 202644 752 €12175 €
Q2 202645 532 €12175 €
Q1 202645 411 €11902 €
Q4 202539 994 €11203 €
Q3 202583 092 €21437 €
Q2 202539 770 €21437 €
Q1 202536 735 €2978 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 145 550 € (17% of distributable profit).

History
2025145 550 €
20240 €
20230 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue141 664278 249126 728207 735202 148
Net profit−214 569426 54418 23266 44563 187
Retained earnings504 101289 532736 711770 270691 165
Total assets907 8571 015 1611 038 756872 209792 017
Total liabilities592 760273 520258 248992912 100
Total equity315 097741 641780 508862 280779 917
Employees23122
Average gross salary (monthly)881675533501561
Calculated dividend0000145 550

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
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
All on time
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

Click a node to see its other connections.

100%OÜ Kivimäe Hostel4Peeter Arro1Rainis Arro
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

Public procurement

The company is itself a contracting authority: 2 tenders. View tenders →

State aid and grants

12 records

State aid and de minimis aid in total 484 951 € (2016–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (409 602 €), Riigi Tugiteenuste Keskus (67 794 €), Elering AS (7500 €), MTÜ Maakondlikud Arenduskeskused (55 €).

Show all aid records (12)
2026170 471 €
202567 119 €
202437 255 €
202211 350 €
20197500 €
2017191 147 €
2016108 €
GrantorPurposeAmountDate
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud170 471 €07.09.2026
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud36 525 €11.06.2025
Riigi Tugiteenuste KeskusInvesteeringud30 594 €28.05.2025
MTÜ Maakondlikud ArenduskeskusedMuu23 €28.09.2024
MTÜ Maakondlikud ArenduskeskusedMuu32 €27.09.2024
Riigi Tugiteenuste KeskusInvesteeringud37 200 €03.07.2024
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud11 350 €22.03.2022
Elering ASMuu7500 €17.09.2019
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud33 070 €12.09.2017
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud149 988 €20.01.2017
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud8090 €19.01.2017
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud108 €30.12.2016

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.

Related companies

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Same activity — Hostels
Same address

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