Sihtasutus Estonian Business SchoolRegistered
Key figures
Ratios
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 242 201 € | 136 | 596 473 € |
| Q2 2026 | 271 383 € | 133 | 564 045 € |
| Q1 2026 | 406 075 € | 139 | 571 919 € |
| Q4 2025 | 359 069 € | 134 | 550 016 € |
| Q3 2025 | 236 938 € | 126 | 535 416 € |
| Q2 2025 | 306 182 € | 119 | 503 588 € |
| Q1 2025 | 318 634 € | 131 | 486 124 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2020–2024
| 2020/21 | 2021/22 | 2022/23 | 2023/24 | 2024/25 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | — | — | — | — | — |
| Total non-current assets | — | — | — | — | — |
| Total assets | 3 298 208 | 3 281 520 | 4 141 789 | 27 062 001 | 26 182 351 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | — | — | — | — | — |
| Non-current liabilities | — | — | — | — | — |
| Total liabilities | — | — | — | — | — |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | — | — | — | — | — |
| Total equity | — | — | — | — | — |
| Income statement | |||||
| Sales revenue | 5 244 948 | 5 728 032 | 5 626 222 | 6 417 539 | 8 117 287 |
| Operating profit | — | — | — | — | — |
| Profit before income tax | — | — | — | — | — |
| Profit for the reporting year | — | — | — | — | — |
| Labour costs | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 100 | 93 | 91 | 93 | 104 |
| Calculated dividend | — | — | — | — | — |
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 issue5 clear
Data from public registers, not a credit rating.
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Public procurement
10 contractsPublic contracts won worth 686 067 € from 5 contracting authorities (07.08.2024–02.10.2026). Plus 2 framework agreements shared with other suppliers (not included in the total).
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: Sihtasutus Estonian Business School
Overview
Sihtasutus Estonian Business School (registry code 90013934) is a foundation. The company was entered in the Commercial Register in 2017 and has been registered for 9 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is ülikoolid (EMTAK 85402). The company is registered for VAT (VAT number EE102432330).
Financial results
Revenue in financial year 2024/25 was 8 117 287 €, up 26,5% on the previous year (6 417 539 €). From 2020/21 to 2024/25, revenue grew by an average of 11,5% per year. This is the company's highest revenue among the published years (2020/21–2024/25). In financial year 2024/25 the company had 104 employees (93 a year earlier). Revenue per employee was 78 051 €.
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 242 201 €, up 2,2% on the same quarter a year earlier. The company had 136 employees in that quarter. Labour taxes paid in the quarter: 596 473 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2700 € per month.
Management and owners
The management board has 4 members. The supervisory board has 4 members.
Points to note
The annual report for financial year 2025 has not been filed on time.
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 2024/25) was filed on 30.12.2025. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (9845004D7E56F9BCBF13) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.