Porto Franco OÜ

Registered
12799764Private limited company (OÜ)Founded 2015
Going concern uncertainty. In the 2025 report the auditor pointed to material uncertainty about the company's ability to continue as a going concern.
Qualified audit opinion. 2025 report: Qualified.

Key figures

68 000 €−98,8%
Revenue 2025
−36,6%
Average annual change 2020–2025
02 m4 m6 m202020212022202320242025

Ratios

2025

Summary: Porto Franco OÜ

What kind of company is it?

Porto Franco OÜ (registry code 12799764) is a private limited company (OÜ). The company was entered in the Commercial Register in 2015 and has been registered for 11 years. Registered location: Kesklinna linnaosa, Tallinn, 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 EE101773236).

How is the company doing financially?

Revenue in financial year 2025 was 68 000 €, down 98,8% on the previous year (5 691 000 €). From 2020 to 2025, revenue declined by an average of 36,6% per year. This is the company's lowest revenue among the published years (2020–2025). Financial year 2025 ended with a loss of 9 496 000 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 5 employees. Revenue per employee was 13 600 €. At the end of financial year 2025, total assets were 136 135 000 € and equity 40 128 000 € (29,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 38 112 €, up 229% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 40 748 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 7940 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 2 owners. The largest stake (80%) is held by DELTAMAX GROUP OÜ.

What should you look out for?

In the report for financial year 2025, the auditor pointed to a material uncertainty about the company's ability to continue as a going concern.

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 07.07.2026. 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 202638 112 €340 748 €
Q2 202633 140 €437 660 €
Q1 202632 218 €449 636 €
Q4 202532 803 €457 100 €
Q3 202511 600 €542 607 €
Q2 202538 054 €240 232 €
Q1 20256609 €339 933 €

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 revenue1 630 0003 146 0004 890 0005 691 00068 000
Net profit537 00011 855 000−8000−8 116 000−9 496 000
Retained earnings5 356 0005 893 00017 748 00017 740 0009 624 000
Total assets179 469 000210 884 000223 946 000137 014 000136 135 000
Total liabilities133 576 000153 136 000166 206 00087 390 00096 007 000
Total equity45 893 00057 748 00057 740 00049 624 00040 128 000
Employees97755
Average gross salary (monthly)41944760508956055431
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 obligations2 notes6 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: 2024, 2025
Business Register · 2023–2025
Auditor's opinion
Going concern uncertainty
Material uncertainty related to going concern. Opinion: Qualified
Business Register · 2025 annual report
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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80%20%Porto Franco OÜ1DELTAMAX GROUP OÜINTERNA INVEST OÜ6Rauno Teder
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 39 400 000 € (2020). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (39 400 000 €).

Show all aid records (1)
202039 400 000 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusKomisjoni teatise jaotis 3.3 "Laenude subsideeritud intressimäärana antav abi" · Soft loan39 400 000 €08.09.2020

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.

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