Economy Hotel OÜ
RegisteredKey figures
Ratios
2025Summary: Economy Hotel OÜ
What kind of company is it?
Economy Hotel OÜ (registry code 11898470) is a private limited company (OÜ). The company was entered in the Commercial Register in 2010 and has been registered for 16 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is hotels (EMTAK 55101). The company is registered for VAT (VAT number EE101366504).
How is the company doing financially?
Revenue in financial year 2025 was 268 253 €, up 9,3% on the previous year (245 434 €). From 2019 to 2025, revenue declined by an average of 8,2% per year. Financial year 2025 ended with a loss of 50 634 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 6 employees. Revenue per employee was 44 709 €. At the end of financial year 2025, total assets were 152 097 € and equity 105 892 € (69,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 150 748 €, down 3,5% on the same quarter a year earlier. The company had 10 employees in that quarter. Labour taxes paid in the quarter: 16 862 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1170 € 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 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 | 150 748 € | 10 | 16 862 € |
| Q2 2026 | 68 585 € | 12 | 12 476 € |
| Q1 2026 | 44 670 € | 9 | 18 180 € |
| Q4 2025 | 50 014 € | 9 | 18 506 € |
| Q3 2025 | 156 237 € | 10 | 19 927 € |
| Q2 2025 | 63 113 € | 9 | 9856 € |
| Q1 2025 | 30 405 € | 6 | 12 443 € |
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 | 77 003 | 302 596 | 206 869 | 245 434 | 268 253 |
| Net profit | −35 634 | 19 522 | −42 415 | 14 070 | −50 634 |
| Retained earnings | 198 170 | 162 537 | 182 059 | 139 644 | 153 714 |
| Total assets | 205 259 | 225 313 | 160 709 | 190 939 | 152 097 |
| Total liabilities | 39 911 | 40 442 | 18 253 | 34 413 | 46 205 |
| Total equity | 165 348 | 184 871 | 142 456 | 156 526 | 105 892 |
| Employees | 2 | 5 | 5 | 6 | 6 |
| Average gross salary (monthly) | 1298 | 1402 | 1359 | 1283 | 1823 |
| 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 note6 clear
Data from public registers, not a credit rating.
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State aid and grants
7 recordsState aid and de minimis aid in total 63 123 € (2019–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (60 000 €), Eesti Töötukassa (2587 €), Tallinna Strateegiakeskus (536 €).
Show all aid records (7)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 438 € | 20.02.2026 |
| Eesti Töötukassa | Koolitus VTA | 481 € | 09.11.2021 |
| Tallinna Strateegiakeskus | Muu turundus VTA | 131 € | 01.06.2021 |
| Tallinna Strateegiakeskus | Muu turundus VTA | 405 € | 10.08.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 60 000 € | 18.05.2020 |
| Eesti Töötukassa | Palgatoetus VTA | 1123 € | 20.01.2020 |
| Eesti Töötukassa | Palgatoetus VTA | 545 € | 19.02.2019 |
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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