OÜ Padelstar

Registered
16614916Private limited company (OÜ)Founded 2022

Key figures

541 200 €+288,0%
Revenue 2025
+479,1%
Average annual growth 2022/23–2025
0200 k400 k600 k2022/2320242025

Ratios

2025

Summary: OÜ Padelstar

What kind of company is it?

OÜ Padelstar (registry code 16614916) is a private limited company (OÜ). The company was entered in the Commercial Register in 2022 and has been registered for 3 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is renting and operating of own or leased real estate (EMTAK 68201). The company is registered for VAT (VAT number EE102557082).

How is the company doing financially?

Revenue in financial year 2025 was 541 200 €, up 288% on the previous year (139 475 €). From 2022/23 to 2025, revenue grew by an average of 479% per year. Net profit for financial year 2025 was 29 214 € (5,4% of revenue). The company was profitable in 2 of the 3 published financial years. In financial year 2025 the company had 4 employees (2 a year earlier). Revenue per employee was 135 300 €. At the end of financial year 2025, total assets were 2 027 209 € and equity 211 934 € (10,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 272 348 €, up 57,9% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 25 188 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3790 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 2 owners. The largest stake (51%) is held by P&E Principal Investments 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 29.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026272 348 €425 188 €
Q2 2026200 388 €420 160 €
Q1 2026239 397 €317 326 €
Q4 2025251 944 €321 311 €
Q3 2025172 504 €320 518 €
Q2 2025134 228 €313 109 €
Q1 2025130 293 €29699 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 8814 €.

Low confidence: the amount exceeds retained earnings from previous years, from which dividends can be paid by law — probably a merger, an opening balance adjustment or a reporting error.

Summary of financial statements2023–2025
2022/2320242025
Sales revenue16 140139 475541 200
Net profit−33 64621 09529 214
Retained earnings—−33 646−21 365
Total assets255 246847 7192 027 209
Total liabilities84 807656 1851 815 275
Total equity170 439191 534211 934
Employees124
Average gross salary (monthly)269210372501
Calculated dividend——8814

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

Click a node to see its other connections.

51%49%OÜ Padelstar4P&E Principal Investm…OÜ Artis Holding9+Henry Kiviorg
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 234 000 € (2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (234 000 €).

Show all aid records (2)
2026234 000 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee24 000 €*07.08.2026
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee210 000 €*07.08.2026

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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