Spring Hub OÜ
RegisteredKey figures
Ratios
2024/25Summary: Spring Hub OÜ
What kind of company is it?
Spring Hub OÜ (registry code 14085321) 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: 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 EE101894814).
How is the company doing financially?
Revenue in financial year 2024/25 was 205 581 €, down 12,2% on the previous year (234 148 €). From 2019/20 to 2024/25, revenue declined by an average of 4,9% per year. This is the company's lowest revenue among the published years (2019/20–2024/25). Net profit for financial year 2024/25 was 1435 € (0,7% of revenue). The company was profitable in all 6 published financial years. In financial year 2024/25 the company had 1 employees. Revenue per employee was 205 581 €. At the end of financial year 2024/25, total assets were 90 138 € and equity 80 831 € (89,7% of assets). Based on labour costs in the report, the estimated average gross salary was about 2210 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 55 327 €, up 18,3% on the same quarter a year earlier. Labour taxes paid in the quarter: 2838 €.
Who runs the company and who owns it?
The management board has 2 members. The sole owner of the company is Spring Real Estate OÜ.
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 2024/25) was filed on 30.12.2025. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 55 327 € | — | 2838 € |
| Q2 2026 | 62 682 € | — | 3261 € |
| Q1 2026 | 49 071 € | — | 3300 € |
| Q4 2025 | 46 401 € | — | 3512 € |
| Q3 2025 | 46 777 € | — | 3300 € |
| Q2 2025 | 48 366 € | — | 4783 € |
| Q1 2025 | 51 952 € | — | 3260 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2020–2024
| 2020/21 | 2021/22 | 2022/23 | 2023/24 | 2024/25 | |
|---|---|---|---|---|---|
| Sales revenue | 233 938 | 258 168 | 250 593 | 234 148 | 205 581 |
| Net profit | 10 876 | 11 416 | 2550 | 31 603 | 1435 |
| Retained earnings | 20 452 | 31 327 | 42 743 | 45 293 | 76 896 |
| Total assets | 175 123 | 166 793 | 77 914 | 91 203 | 90 138 |
| Total liabilities | 141 295 | 121 550 | 30 121 | 11 807 | 9307 |
| Total equity | 33 828 | 45 243 | 47 793 | 79 396 | 80 831 |
| Employees | 2 | 2 | 2 | 1 | 1 |
| Average gross salary (monthly) | 1606 | 1411 | 1661 | 1988 | 2211 |
| Calculated dividend | 0 | 0 | 0 | 0 | 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 obligations1 issue6 clear
Data from public registers, not a credit rating.
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State aid and grants
3 recordsState aid and de minimis aid in total 1289 € (2018–2020). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (1289 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 31 € | 10.06.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 555 € | 16.11.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 703 € | 13.02.2018 |
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.