Cycling Estonia OÜ

Registered
14649514Private limited company (OÜ)Founded 2019

Key figures

37 432 €+7,5%
Revenue 2025
+9,0%
Average annual growth 2019–2025
010 k20 k30 k40 k2019202020212022202320242025

Ratios

2025

Summary: Cycling Estonia OÜ

What kind of company is it?

Cycling Estonia OÜ (registry code 14649514) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 7 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other personal service activities n.e.c. (EMTAK 9699).

How is the company doing financially?

Revenue in financial year 2025 was 37 432 €, up 7,5% on the previous year (34 809 €). From 2019 to 2025, revenue grew by an average of 9,0% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 2120 € (5,7% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 37 432 €. At the end of financial year 2025, total assets were 29 901 € and equity 28 635 € (95,8% of assets).

What do the latest quarters show?

Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2430 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is 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 29.09.2026. 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 2026—13909 €
Q2 2026—13012 €
Q1 2026—13308 €
Q4 2025—14046 €
Q3 2025—13968 €
Q2 2025—13536 €
Q1 2025—13351 €

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 revenue512635 13535 48034 80937 432
Net profit−666112 033544667002120
Retained earnings—−666112 03317 31524 015
Total assets501917 79420 86327 25529 901
Total liabilities2682342410487401266
Total equity233714 37019 81526 51528 635
Employees11111
Average gross salary (monthly)12011439187117542214
Calculated dividend——000

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 note6 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
Filed late: 2023, 2024, 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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100%Cycling Estonia OÜ1Toomas Lelov
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 4285 € (2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (4285 €).

Show all aid records (1)
20254285 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusMuu4285 €04.06.2025

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 ↗

Change history

1 change
  • 12.10.2026*Annual report 2025 filed

Entered in the register on 25.01.2019.

Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).

Annual reportsPDF, XBRL

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

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