FL Start OÜ
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2024Summary: FL Start OÜ
What kind of company is it?
FL Start OÜ (registry code 12011575) 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: Liivamäe küla, Jõelähtme vald, Harju maakond. According to the latest annual report, the main activity is renting and operating of own or leased real estate (EMTAK 68201). The company is registered for VAT (VAT number EE101418371).
How is the company doing financially?
Revenue in financial year 2024 was 1 504 788 €, up 15,4% on the previous year (1 304 365 €). From 2019 to 2024, revenue grew by an average of 20,3% per year. This is the company's highest revenue among the published years (2019–2024). Net profit for financial year 2024 was 595 413 € (39,6% of revenue). The company was profitable in all 6 published financial years. In financial year 2024 the company had 2 employees (4 a year earlier). Revenue per employee was 752 394 €. At the end of financial year 2024, total assets were 14 292 480 € and equity 11 443 863 € (80,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 469 638 €, up 18,0% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 3460 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1190 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is a private individual.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 09.01.2026. 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 | 469 638 € | 2 | 3460 € |
| Q2 2026 | 484 093 € | 2 | 3200 € |
| Q1 2026 | 479 254 € | 3 | 2187 € |
| Q4 2025 | 413 454 € | 2 | 2635 € |
| Q3 2025 | 397 840 € | 1 | 4238 € |
| Q2 2025 | 419 991 € | 1 | 4823 € |
| Q1 2025 | 443 350 € | 2 | 4657 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 56 500 € (1% of distributable profit).
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 529 103 | 550 468 | 917 146 | 1 304 365 | 1 504 788 |
| Net profit | 325 547 | 487 562 | 727 050 | 645 924 | 595 413 |
| Retained earnings | 2 069 978 | 4 890 490 | 9 529 164 | 10 256 214 | 10 845 638 |
| Total assets | 3 317 571 | 7 411 353 | 13 244 156 | 13 777 361 | 14 292 480 |
| Total liabilities | 919 234 | 2 030 489 | 2 985 130 | 2 872 411 | 2 848 617 |
| Total equity | 2 398 337 | 5 380 864 | 10 259 026 | 10 904 950 | 11 443 863 |
| Employees | 2 | 2 | 4 | 4 | 2 |
| Average gross salary (monthly) | 1011 | 1056 | 1338 | 1136 | 1280 |
| Calculated dividend | 0 | 0 | 0 | 0 | 56 500 |
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 issue1 note6 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.