Citystudio OÜ

Registered
14446099Private limited company (OÜ)Founded 2018

Key figures

388 134 €−18,7%
Revenue 2025
−0,9%
Average annual change 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025

Summary: Citystudio OÜ

What kind of company is it?

Citystudio OÜ (registry code 14446099) is a private limited company (OÜ). The company was entered in the Commercial Register in 2018 and has been registered for 8 years. Registered location: Pärnu linn, Pärnu maakond. According to the latest annual report, the main activity is hotels (EMTAK 55101). The company is registered for VAT (VAT number EE102084270).

How is the company doing financially?

Revenue in financial year 2025 was 388 134 €, down 18,7% on the previous year (477 194 €). From 2019 to 2025, revenue declined by an average of 0,9% per year. Net profit for financial year 2025 was 82 823 € (21,3% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 9 employees. Revenue per employee was 43 126 €. At the end of financial year 2025, total assets were 906 156 € and equity 483 638 € (53,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 184 965 €, up 7,7% on the same quarter a year earlier. The company had 10 employees in that quarter. Labour taxes paid in the quarter: 12 043 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 900 € per month.

Who runs the company and who owns it?

The management board has 3 members. According to the register, the company has 3 owners. The largest stake (34%) 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 30.05.2026. 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 2026184 965 €1012 043 €
Q2 2026108 956 €119649 €
Q1 202651 933 €119906 €
Q4 202597 163 €119673 €
Q3 2025171 814 €108790 €
Q2 202597 943 €108614 €
Q1 202535 877 €108316 €

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 revenue213 074300 088385 754477 194388 134
Net profit73 19731 814102 398188 14282 823
Retained earnings526478 461110 275212 673400 815
Total assets773 423768 795827 488859 366906 156
Total liabilities694 962658 520614 815458 551422 518
Total equity78 461110 275212 673400 815483 638
Employees98899
Average gross salary (monthly)623663633743861
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 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
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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34%33%33%Citystudio OÜ4Marko TerasKristel Kalmo3Signe Merivälja
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

4 records

State aid and de minimis aid in total 143 756 € (2018–2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (109 256 €), Elering AS (34 500 €).

Show all aid records (4)
202537 021 €
202094 500 €
201812 235 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusMuu37 021 €04.04.2025
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)34 500 €31.12.2020
Ettevõtluse ja Innovatsiooni SihtasutusKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"60 000 €21.05.2020
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee12 235 €*18.07.2018

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.

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