Challenge Way OÜ
RegisteredKey figures
Ratios
2024Summary: Challenge Way OÜ
What kind of company is it?
Challenge Way OÜ (registry code 12471905) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 13 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is restaurant and café activities (EMTAK 56111).
How is the company doing financially?
Revenue in financial year 2024 was 266 690 €, up 7,9% on the previous year (247 223 €). This is the company's highest revenue among the published years (2019–2024). Net profit for financial year 2024 was 15 862 € (5,9% of revenue). The company was profitable in 2 of the 6 published financial years. In financial year 2024 the company had 6 employees. Revenue per employee was 44 448 €. At the end of financial year 2024, total assets were 89 718 € and equity 3434 € (3,8% of assets). Based on labour costs in the report, the estimated average gross salary was about 760 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, the company declared no turnover in Q4 2025.
Who runs the company and who owns it?
The management board has 2 members. 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 02.04.2025. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q4 2025. 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 |
|---|---|---|---|
| Q4 2025 | 0 € | — | — |
| Q3 2025 | 0 € | — | 79 € |
| Q2 2025 | 0 € | 2 | — |
| Q1 2025 | 0 € | 1 | — |
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 statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 97 | 4822 | 106 872 | 247 223 | 266 690 |
| Net profit | 35 | −17 581 | −110 433 | −128 904 | 15 862 |
| Retained earnings | 9 | 179 | −17 402 | −135 074 | −263 978 |
| Total assets | 1431 | 5092 | 74 518 | 100 757 | 89 718 |
| Total liabilities | 1252 | 22 494 | 202 353 | 364 735 | 86 284 |
| Total equity | 179 | −17 402 | −127 835 | −263 978 | 3434 |
| Employees | 0 | 1 | 5 | 6 | 6 |
| Average gross salary (monthly) | — | — | 776 | 641 | 759 |
| Calculated dividend | 0 | 0 | 0 | 7239 | 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 obligations2 issues5 clear
Data from public registers, not a credit rating.
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State aid and grants
4 recordsState aid and de minimis aid in total 8321 € (2022–2024). Largest grantors: Eesti Töötukassa (8321 €).
Show all aid records (4)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 1062 € | 01.01.2024 |
| Eesti Töötukassa | Palgatoetus VTA | 508 € | 23.10.2023 |
| Eesti Töötukassa | Palgatoetus VTA | 3504 € | 15.02.2023 |
| Eesti Töötukassa | Palgatoetus VTA | 3247 € | 29.03.2022 |
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.