Otse OÜ
RegisteredKey figures
Ratios
2024Summary: Otse OÜ
What kind of company is it?
Otse OÜ (registry code 16089427) 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: Tsirguliina alevik, Valga vald, Valga 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 EE102304523).
How is the company doing financially?
Revenue in financial year 2024 was 70 000 €, down 14,3% on the previous year (81 697 €). From 2020/21 to 2024, revenue grew by an average of 8,0% per year. Financial year 2024 ended with a loss of 2322 €. The company made a loss in all 4 published financial years. In financial year 2024 the company had 2 employees. Revenue per employee was 35 000 €. Based on labour costs in the report, the estimated average gross salary was about 540 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, the company declared no turnover in Q2 2026.
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.
What should you look out for?
The annual report for financial year 2025 has not been filed on time. Equity was negative at the end of financial year 2024 (−20 361 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.
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) was filed on 29.06.2025. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q2 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 |
|---|---|---|---|
| Q2 2026 | 0 € | — | — |
| Q1 2026 | 0 € | — | — |
| Q4 2025 | 0 € | — | — |
| Q3 2025 | 6527 € | — | 1902 € |
| Q2 2025 | 16 472 € | 2 | 1140 € |
| Q1 2025 | 13 950 € | 2 | 709 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2024
| 2020/21 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Sales revenue | 55 576 | 72 414 | 81 697 | 70 000 |
| Net profit | −4937 | −9390 | −6212 | −2322 |
| Retained earnings | 0 | −4937 | −14 327 | −20 539 |
| Total assets | 2163 | 2473 | 2682 | 7183 |
| Total liabilities | 7100 | 16 800 | 20 721 | 27 544 |
| Total equity | −4937 | −14 327 | −18 039 | −20 361 |
| Employees | 3 | 3 | 2 | 2 |
| Average gross salary (monthly) | 476 | 588 | 622 | 541 |
| Calculated dividend | — | 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 obligations2 issues5 clear
Data from public registers, not a credit rating.
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State aid and grants
1 recordState aid and de minimis aid in total 1279 € (2021). Largest grantors: Eesti Töötukassa (1279 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 1279 € | 24.03.2021 |
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.