Locave OÜ
RegisteredKey figures
Ratios
2025Summary: Locave OÜ
What kind of company is it?
Locave OÜ (registry code 14980321) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 6 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is restaurant and café activities (EMTAK 56111). The company is registered for VAT (VAT number EE102265086).
How is the company doing financially?
Revenue in financial year 2025 was 745 710 €, down 2,3% on the previous year (762 955 €). From 2020 to 2025, revenue grew by an average of 36,8% per year. Financial year 2025 ended with a loss of 12 984 €. The company was profitable in 3 of the 6 published financial years. In financial year 2025 the company had 13 employees (14 a year earlier). Revenue per employee was 57 362 €. At the end of financial year 2025, total assets were 113 969 € and equity 3187 € (2,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 126 037 €, down 17,7% on the same quarter a year earlier. The company had 8 employees in that quarter. Labour taxes paid in the quarter: 13 379 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1160 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is Set Grupp OÜ.
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 04.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 126 037 € | 8 | 13 379 € |
| Q2 2026 | 244 491 € | 10 | 16 335 € |
| Q1 2026 | 182 363 € | 11 | 14 524 € |
| Q4 2025 | 185 339 € | 11 | 14 090 € |
| Q3 2025 | 153 229 € | 11 | 17 804 € |
| Q2 2025 | 200 674 € | 14 | 17 847 € |
| Q1 2025 | 223 720 € | 15 | 16 453 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 235 537 | 703 370 | 739 242 | 762 955 | 745 710 |
| Net profit | −8392 | 14 646 | −10 144 | 9972 | −12 984 |
| Retained earnings | 13 089 | 4697 | 19 343 | 3699 | 13 671 |
| Total assets | 52 505 | 99 848 | 200 406 | 131 197 | 113 969 |
| Total liabilities | 45 308 | 78 005 | 188 707 | 115 026 | 110 782 |
| Total equity | 7197 | 21 843 | 11 699 | 16 171 | 3187 |
| Employees | 10 | 12 | 15 | 14 | 13 |
| Average gross salary (monthly) | 436 | 773 | 977 | 836 | 935 |
| Calculated dividend | 0 | 0 | 0 | 5500 | 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 note6 clear
Data from public registers, not a credit rating.
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State aid and grants
5 recordsState aid and de minimis aid in total 15 447 € (2021–2022). Largest grantors: Tallinna Kultuuri- ja Spordiamet (8000 €), Eesti Töötukassa (4964 €), Tallinna Linnakantselei (2483 €).
Show all aid records (5)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Tallinna Kultuuri- ja Spordiamet | Kultuuri edendamiseks ja kultuuripärandi säilitamiseks antav abi (artikkel 53) -tegevusabi | 8000 € | 29.09.2022 |
| Tallinna Linnakantselei | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 391 € | 15.07.2021 |
| Tallinna Linnakantselei | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 1426 € | 22.06.2021 |
| Tallinna Linnakantselei | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 667 € | 13.05.2021 |
| Eesti Töötukassa | COVID-19 VTA | 4964 € | 02.02.2021 |
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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