Duco Styles OÜRegistered

16715416Private limited company (OÜ)Founded 2023

Key figures

2 501 449 €+3,3%
Revenue 2025
+31,0%
Average annual growth 2023–2025
01 m2 m3 m202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m1,5 m202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20261 066 727 €4587 105 €
Q2 2026691 987 €5185 666 €
Q1 2026642 919 €4172 818 €
Q4 2025747 140 €4074 908 €
Q3 2025944 774 €4284 850 €
Q2 2025476 678 €4756 730 €
Q1 2025435 438 €3156 525 €

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

Summary of financial statements2023–2025
202320242025
Balance sheet — assets
Total current assets260 141181 315174 145
Total non-current assets1 022 653899 580788 603
Total assets1 282 7941 080 895962 748
Balance sheet — liabilities and equity
Current liabilities797 517952 9121 083 614
Non-current liabilities500 000500 000365 000
Total liabilities1 297 5171 452 9121 448 614
Share capital250025002500
Retained earnings of previous periods—−17 223−374 517
Profit for the year−17 223−357 294−113 849
Total equity−14 723−372 017−485 866
Income statement
Sales revenue1 457 1372 422 5172 501 449
Operating profit−17 992−358 088−78 306
EBITDA12 597−210 03438 216
Profit before income tax−17 223−357 294−113 849
Profit for the reporting year−17 223−357 294−113 849
Labour costs552 863803 734737 049
Depreciation of non-current assets30 589148 054116 522
Other indicators
Employees233635
Calculated dividend—00

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)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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33,36%33,32%33,32%Duco Styles OÜ2Janno Parik2Madis Laid9+Madis Mägi5Marko DobrusNordbird OÜ1Omanikukonto: MAGICOM…1Omanikukonto: OÜ EFRON
CompanyPersonShareholderOther roleAdditional link

Public procurement

3 contracts

Public contracts won worth 0 € from 2 contracting authorities (29.04.2024–06.10.2026). Plus 3 framework agreements shared with other suppliers (not included in the total).

TenderContracting authorityAmountAwarded
Majutusteenuse tellimine · Tallinna linn, majutusasutus 4 tärni (****)Politsei- ja Piirivalveametup to 100 000 €06.10.2026
Turvalise majutusteenuse ost ohvriabi teenuse klientideleSotsiaalkindlustusametup to 25 000 €13.04.2026
Turvalise majutusteenuse ost ohvriabi teenuse klientideleSotsiaalkindlustusametup to 35 000 €29.04.2024

Source: Public Procurement Register open data from October 2023. All public tenders

Annual reportsPDF, XBRL

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

Summary: Duco Styles OÜ

Overview

Duco Styles OÜ (registry code 16715416) is a private limited company (OÜ). The company was entered in the Commercial Register in 2023 and has been registered for 3 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 EE102606234).

Financial results

Revenue in financial year 2025 was 2 501 449 €, up 3,3% on the previous year (2 422 517 €). From 2023 to 2025, revenue grew by an average of 31,0% per year. Financial year 2025 ended with a loss of 113 849 €. The company made a loss in all 3 published financial years. In financial year 2025 the company had 35 employees (36 a year earlier). Revenue per employee was 71 470 €.

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 1 066 727 €, up 12,9% on the same quarter a year earlier. The company had 45 employees in that quarter. Labour taxes paid in the quarter: 87 105 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1310 € per month.

Management and owners

The management board has 4 members. According to the register, the company has 3 owners. The largest stake (33,4%) is held by Nordbird OÜ.

Points to note

Equity was negative at the end of financial year 2025 (−485 866 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.

Data sources and freshness

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 30.06.2026. 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.

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