Padelplus OÜRegistered

12096075Private limited company (OÜ)Founded 2011
Qualified audit opinion. 2025 report: Qualified.

Key figures

2 647 433 €+36,8%
Revenue 2025
+24,8%
Average annual growth 2019–2025
01 m2 m3 m2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026465 354 €1935 040 €
Q2 2026739 869 €1338 451 €
Q1 2026786 710 €1443 523 €
Q4 2025759 984 €1335 966 €
Q3 2025512 700 €1442 777 €
Q2 2025709 046 €1626 360 €
Q1 2025707 908 €1450 201 €

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 3050 € (1% of distributable profit).

History
20253050 €
20240 €
20230 €
20222592 €
20210 €
20200 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets74 84061 76975 945107 105125 097284 504247 057
Total non-current assets256 018368 757377 293404 884629 679860 2841 426 939
Total assets330 858430 526453 238511 989754 7761 144 7881 673 996
Balance sheet — liabilities and equity
Current liabilities125 138169 704206 517249 802286 967364 347382 554
Non-current liabilities0068 000117 000171 997192 000166 000
Total liabilities125 138169 704274 517366 802458 964556 347548 554
Share capital2500250025002500250025002500
Retained earnings of previous periods170 779203 293259 349173 629142 964298 833582 641
Profit for the year32 44155 029−83 128−30 942150 348287 108540 051
Reserves and other equity——————250
Total equity205 720260 822178 721145 187295 812588 4411 125 442
Income statement
Sales revenue700 572693 881756 3351 182 3181 361 3731 935 1902 647 433
Operating profit−123355 029−85 503−28 917181 247293 556544 893
EBITDA57 944118 983−329756 097259 308430 504718 478
Profit before income tax32 44155 029−83 128−30 942150 348287 108540 051
Profit for the reporting year32 44155 029−83 128−30 942150 348287 108540 051
Labour costs166 386175 149232 871275 599302 465418 658373 031
Depreciation of non-current assets59 17763 95482 20685 01478 061136 948173 585
Other indicators
Employees1111111114149
Calculated dividend—002592003050

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 note5 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)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Auditor's opinion
Qualified
Business Register · 2025 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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100%Padelplus OÜ4Laur KivistikPadelplus OÜ
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL
YearFiles
2025DDOC/BDOCPDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL
2019DDOC/BDOCPDFXBRL

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

Summary: Padelplus OÜ

Overview

Padelplus OÜ (registry code 12096075) 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: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is activities of sports clubs (EMTAK 93121). The company is registered for VAT (VAT number EE101459673).

Financial results

Revenue in financial year 2025 was 2 647 433 €, up 36,8% on the previous year (1 935 190 €). From 2019 to 2025, revenue grew by an average of 24,8% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 540 051 € (20,4% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 9 employees (14 a year earlier). Revenue per employee was 294 159 €. At the end of financial year 2025, total assets were 1 673 996 € and equity 1 125 442 € (67,2% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 465 354 €, down 9,2% on the same quarter a year earlier. The company had 19 employees in that quarter. Labour taxes paid in the quarter: 35 040 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1260 € per month.

Management and owners

The company has one management board member. The sole owner of the company is Padelplus OÜ.

Data sources and freshness

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. Latest register change: 16.10.2026. 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.

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