Rae Golf OÜRegistered
Annual reports for 2023, 2024, 2025 not filed.
Going concern uncertainty. In the 2022 report the auditor pointed to material uncertainty about the company's ability to continue as a going concern.
Qualified audit opinion. 2022 report: Disclaimer of opinion.
Key figures
417 102 €+9,6%
Revenue 2022
+10,4%
Average annual growth 2019–2022
Ratios
2022−96,1%
Profit margin
−12,8%
EBITDA margin
−5,5%
Equity ratio
0,3×
Current ratio
78,7%
Return on equity
1233 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 181 149 € | 4 | 7191 € |
| Q1 2026 | 7171 € | 4 | 0 € |
| Q4 2025 | 56 885 € | — | 0 € |
| Q3 2025 | 153 476 € | — | 21 € |
| Q2 2025 | 154 788 € | — | 0 € |
| Q1 2025 | 22 794 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2022
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | — | 143 267 | 96 909 | 373 171 |
| Total non-current assets | — | 3 746 434 | 4 190 594 | 8 923 299 |
| Total assets | 3 381 028 | 3 889 701 | 4 287 503 | 9 296 470 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | — | 3 477 095 | 752 527 | 1 123 195 |
| Non-current liabilities | — | 1 641 708 | 3 643 493 | 8 682 652 |
| Total liabilities | — | 5 118 803 | 4 396 020 | 9 805 847 |
| Share capital | — | 2500 | 5000 | 5000 |
| Retained earnings of previous periods | — | −847 356 | −1 231 602 | −1 413 301 |
| Profit for the year | — | −384 246 | −181 699 | −400 860 |
| Reserves and other equity | — | — | 1 299 784 | 1 299 784 |
| Total equity | — | −1 229 102 | −108 517 | −509 377 |
| Income statement | ||||
| Sales revenue | 309 944 | 336 246 | 380 618 | 417 102 |
| Operating profit | — | −133 152 | −116 238 | −193 717 |
| EBITDA | — | −63 726 | −2470 | −53 525 |
| Profit before income tax | — | −384 246 | −181 699 | −400 860 |
| Profit for the reporting year | — | −384 246 | −181 699 | −400 860 |
| Labour costs | — | 0 | 746 | 0 |
| Depreciation of non-current assets | — | 69 426 | 113 768 | 140 192 |
| Other indicators | ||||
| Employees | 0 | 0 | 0 | 18 |
| Calculated dividend | — | — | 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.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Activities of sports clubs