Art Residence OÜ

Registered
12964884Private limited company (OÜ)Founded 2015
Tax debt 4461 € as of 09.11.2026 (incl. 4461 € in a payment schedule).Source: Tax and Customs Board

Key figures

157 807 €+91,5%
Revenue 2025
−6,0%
Average annual change 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Art Residence OÜ

What kind of company is it?

Art Residence OÜ (registry code 12964884) is a private limited company (OÜ). The company was entered in the Commercial Register in 2015 and has been registered for 10 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is motels and similar accommodation (EMTAK 55102). The company is registered for VAT (VAT number EE102066984).

How is the company doing financially?

Revenue in financial year 2025 was 157 807 €, up 91,5% on the previous year (82 397 €). From 2019 to 2025, revenue declined by an average of 6,0% per year. Net profit for financial year 2025 was 12 329 € (7,8% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 4 employees. Revenue per employee was 39 452 €. At the end of financial year 2025, total assets were 362 598 € and equity 227 433 € (62,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 18 354 €, down 57,6% on the same quarter a year earlier. The company had 5 employees in that quarter. Labour taxes paid in the quarter: 4022 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 670 € 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 (50%) is held by 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 25.07.2026. 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 202618 354 €54022 €
Q2 202612 783 €52030 €
Q1 202617 844 €42329 €
Q4 202522 284 €21680 €
Q3 202543 243 €61273 €
Q2 202522 264 €54035 €
Q1 20252443 €43129 €

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 revenue123 907180 20367 75782 397157 807
Net profit10 6087500−16 660624112 329
Retained earnings42 41553 02360 52343 86350 104
Total assets61 269101 169271 714317 402362 598
Total liabilities824640 64665 351104 798135 165
Total equity53 02360 523206 363212 604227 433
Employees52344
Average gross salary (monthly)———346589
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 obligations1 issue1 note5 clear
Register status
Registered
Business Register
Tax debt
4461 €
as of 09.11.2026 (incl. 4461 € in a payment schedule)
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: 2023, 2025
Business Register · 2023–2025
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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50%50%Art Residence OÜIain Stephen Chappell1Luciano-Ragnar Vellend2Lucia Chappell
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 2536 € (2020). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (2536 €).

Show all aid records (1)
20202536 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"2536 €17.05.2020

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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