Mogotel development Estonia OÜ
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2025Summary: Mogotel development Estonia OÜ
What kind of company is it?
Mogotel development Estonia OÜ (registry code 16513782) is a private limited company (OÜ). The company was entered in the Commercial Register in 2022 and has been registered for 4 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is hotels (EMTAK 55101). The company is registered for VAT (VAT number EE102518694).
How is the company doing financially?
Revenue in financial year 2025 was 1 402 245 €, up 3,1% on the previous year (1 360 311 €). From 2022 to 2025, revenue grew by an average of 30,4% per year. Financial year 2025 ended with a loss of 42 145 €. The company made a loss in all 4 published financial years. In financial year 2025 the company had 14 employees (26 a year earlier). Revenue per employee was 100 160 €. At the end of financial year 2025, total assets were 314 581 € and equity 73 077 € (23,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 586 370 €, down 10,7% on the same quarter a year earlier. The company had 11 employees in that quarter. Labour taxes paid in the quarter: 19 089 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1200 € per month.
Who runs the company and who owns it?
The management board has 2 members. The sole owner of the company is Mogotel development holding SIA.
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 11.06.2026. 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 | 586 370 € | 11 | 19 089 € |
| Q2 2026 | 356 380 € | 12 | 18 730 € |
| Q1 2026 | 329 047 € | 11 | 20 039 € |
| Q4 2025 | 381 980 € | 11 | 25 286 € |
| Q3 2025 | 656 744 € | 12 | 23 367 € |
| Q2 2025 | 354 979 € | 10 | 23 711 € |
| Q1 2025 | 377 496 € | 10 | 53 440 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Sales revenue | 632 335 | 1 524 833 | 1 360 311 | 1 402 245 |
| Net profit | −53 795 | −183 013 | −205 470 | −42 145 |
| Retained earnings | — | −53 795 | −236 808 | −442 278 |
| Total assets | 231 172 | 221 926 | 198 186 | 314 581 |
| Total liabilities | 282 467 | 456 234 | 637 964 | 241 504 |
| Total equity | −51 295 | −234 308 | −439 778 | 73 077 |
| Employees | 18 | 28 | 26 | 14 |
| Average gross salary (monthly) | 899 | 1413 | 1289 | 1178 |
| 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 obligations1 note7 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 5496 € (2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (5496 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 5496 € | 16.06.2025 |
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 ↗
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