My City Hotel OÜ

Registered
11984040Private limited company (OÜ)Founded 2010

Key figures

1 618 421 €+18,5%
Revenue 2025
−2,4%
Average annual change 2019–2025
0500 k1 m1,5 m2 m2019202020212022202320242025

Ratios

2025

Summary: My City Hotel OÜ

What kind of company is it?

My City Hotel OÜ (registry code 11984040) 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: Kesklinna 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 EE101405575).

How is the company doing financially?

Revenue in financial year 2025 was 1 618 421 €, up 18,5% on the previous year (1 365 591 €). From 2019 to 2025, revenue declined by an average of 2,4% per year. Net profit for financial year 2025 was 48 827 € (3,0% of revenue). The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 17 employees. Revenue per employee was 95 201 €. At the end of financial year 2025, total assets were 418 973 € and equity 257 968 € (61,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 699 552 €, up 1,4% on the same quarter a year earlier. The company had 17 employees in that quarter. Labour taxes paid in the quarter: 51 993 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1950 € per month.

Who runs the company and who owns it?

The management board has 2 members. The sole owner of the company is OÜ Armelinda.

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 09.07.2026. 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 2026699 552 €1751 993 €
Q2 2026437 912 €2140 252 €
Q1 2026371 767 €1646 182 €
Q4 2025431 234 €1647 670 €
Q3 2025689 575 €1647 677 €
Q2 2025386 834 €1939 556 €
Q1 2025339 475 €1539 942 €

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 revenue0691 1181 137 5241 365 5911 618 421
Net profit−203 821−95 534122 923198 20548 827
Retained earnings171 119−32 702−128 2368187206 391
Total assets144 877270 254390 776475 398418 973
Total liabilities174 829395 740393 339266 256161 005
Total equity−29 952−125 486−2563209 142257 968
Employees18141717
Average gross salary (monthly)45091739162314181632
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: 2023, 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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100%My City Hotel OÜOÜ Armelinda2Kristjan Saar1Pier Paolo Cimatti
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

8 records

State aid and de minimis aid in total 56 640 € (2015–2024). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (39 656 €), Eesti Töötukassa (16 984 €).

Show all aid records (8)
202431 454 €
20233623 €
20223995 €
20217827 €
2019981 €
2018558 €
20158202 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusMuu20 226 €04.10.2024
Ettevõtluse ja Innovatsiooni SihtasutusMuu11 228 €15.03.2024
Eesti TöötukassaPalgatoetus VTA3623 €08.06.2023
Eesti TöötukassaPalgatoetus VTA3995 €13.06.2022
Eesti TöötukassaCOVID-19 VTA7827 €03.02.2021
Eesti TöötukassaPalgatoetus VTA981 €21.02.2019
Eesti TöötukassaPalgatoetus VTA558 €07.02.2018
Ettevõtluse ja Innovatsiooni SihtasutusKoolitus VTA8202 €31.12.2015

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
YearFiles
2025DDOC/BDOCPDFXBRL
2024PDFXBRL
2023DDOC/BDOCPDFXBRL
2022PDFXBRL
2021PDFXBRL
2020PDFXBRL
2019PDFXBRL

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

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