No Excuses OÜ
RegisteredKey figures
Ratios
2025Summary: No Excuses OÜ
What kind of company is it?
No Excuses OÜ (registry code 12057940) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 15 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is real estate agency services (EMTAK 68311). The company is registered for VAT (VAT number EE101671338).
How is the company doing financially?
Revenue in financial year 2025 was 455 236 €, up 522% on the previous year (73 232 €). From 2019 to 2025, revenue grew by an average of 46,4% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 387 715 € (85,2% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 455 236 €. At the end of financial year 2025, total assets were 979 652 € and equity 709 244 € (72,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1922 €. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1049 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 810 € 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.
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 09.06.2026. 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 | 1922 € | 1 | 1049 € |
| Q2 2026 | 2129 € | 1 | 1049 € |
| Q1 2026 | 1942 € | 1 | 1067 € |
| Q4 2025 | 2033 € | 1 | 1103 € |
| Q3 2025 | 0 € | 1 | 1103 € |
| Q2 2025 | 669 € | 1 | 735 € |
| Q1 2025 | 5000 € | 1 | 1096 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 50 143 | 63 952 | 76 449 | 73 232 | 455 236 |
| Net profit | 14 011 | 35 012 | 18 023 | −7393 | 387 715 |
| Retained earnings | 259 377 | 273 387 | 308 400 | 326 422 | 319 029 |
| Total assets | 324 517 | 358 179 | 666 565 | 675 859 | 979 652 |
| Total liabilities | 48 629 | 47 280 | 337 642 | 354 330 | 270 408 |
| Total equity | 275 888 | 310 899 | 328 923 | 321 529 | 709 244 |
| Employees | 1 | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 648 | 498 | 640 | 784 | 800 |
| 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 obligationsAll 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.
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