Thai Lotus SPA OÜ

Registered
14033925Private limited company (OÜ)Founded 2016

Key figures

518 199 €−2,0%
Revenue 2025
+12,6%
Average annual growth 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025

Summary: Thai Lotus SPA OÜ

What kind of company is it?

Thai Lotus SPA OÜ (registry code 14033925) is a private limited company (OÜ). The company was entered in the Commercial Register in 2016 and has been registered for 10 years. Registered location: Maardu linn, Harju maakond. According to the latest annual report, the main activity is day spas, massage parlours and saunas (EMTAK 96231). The company is registered for VAT (VAT number EE101925961).

How is the company doing financially?

Revenue in financial year 2025 was 518 199 €, down 2,0% on the previous year (528 725 €). From 2019 to 2025, revenue grew by an average of 12,6% per year. Net profit for financial year 2025 was 21 417 € (4,1% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 17 employees (18 a year earlier). Revenue per employee was 30 482 €. At the end of financial year 2025, total assets were 159 701 € and equity 109 394 € (68,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 129 541 €, down 4,6% on the same quarter a year earlier. The company had 17 employees in that quarter. Labour taxes paid in the quarter: 39 991 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1550 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 3 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 21.05.2026. 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 2026129 541 €1739 991 €
Q2 2026128 541 €1636 384 €
Q1 2026138 778 €1629 595 €
Q4 2025132 834 €1742 174 €
Q3 2025135 816 €1736 681 €
Q2 2025116 250 €1641 928 €
Q1 2025140 320 €1638 486 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
20230 €
202275 000 €
20210 €
2020 ~7000 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue319 903474 811527 176528 725518 199
Net profit73 23943 90927 033536721 417
Retained earnings10 930916953 07880 11185 477
Total assets133 433182 852198 295145 255159 701
Total liabilities46 764127 274115 68457 27750 307
Total equity86 66955 57882 61187 978109 394
Employees714191817
Average gross salary (monthly)12441104103713071396
Calculated dividend075 000000

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
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
All on time
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%25%25%Thai Lotus SPA OÜElena Osadze1Natella Osadze-Sažina1Pavel Arhipov
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 18 314 € (2019–2021). Largest grantors: Eesti Töötukassa (17 551 €), Ettevõtluse ja Innovatsiooni Sihtasutus (763 €).

Show all aid records (2)
202117 551 €
2019763 €
GrantorPurposeAmountDate
Eesti TöötukassaCOVID-19 VTA17 551 €10.02.2021
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee763 €*29.03.2019

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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