Aktsiaselts Estonian Holidays

Active Registry code 10180730 AS Tallinn Registered 29 Apr 1997
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Aktsiaselts Estonian Holidays is a AS based in Tallinn, registry code 10180730, status: active. Main activity: Tour operator activities. According to EMTA, turnover for Q3 2026 was €389 354 with 5 employees.

Turnover
389 354 €
↑ 158.3% vs Q2 2026
State taxes
16 435 €
↑ 41.8% vs Q2 2026
Labour taxes
17 600 €
↑ 42.1% vs Q2 2026
Employees
5
−1 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Travel agency, tour operator and other reservation service and related activities · EMTAK 79

  • Turnover · Q3 2026 389 354 €
    industry median 27 306 € · companies in the industry: 383
  • Labour taxes per employee 3 520 €
    industry median 1 423 € · companies in the industry: 297
  • Revenue · 2025 647 692 €
    industry median 27 722 € · companies in the industry: 819
  • Net profit margin · 2025 5.3 %
    industry median 5.5 % · companies in the industry: 644

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 389 354 € · +158.3% vs Q2 2026 · industry median 27 306 € · above 91% of the industry
0100200300400Q4 2023 Company: 41 968 € Industry median: 26 839 €Q4·23Q1 2024 Company: 2 282 € Industry median: 23 716 €Q2 2024 Company: 102 499 € Industry median: 25 314 €Q2·24Q3 2024 Company: 213 998 € Industry median: 36 497 €Q4 2024 Company: 97 333 € Industry median: 28 413 €Q4·24Q1 2025 Company: 20 495 € Industry median: 24 705 €Q2 2025 Company: 110 800 € Industry median: 24 720 €Q2·25Q3 2025 Company: 262 217 € Industry median: 31 477 €Q4 2025 Company: 100 970 € Industry median: 26 978 €Q4·25Q1 2026 Company: 70 093 € Industry median: 21 639 €Q2 2026 Company: 150 759 € Industry median: 21 802 €Q2·26Q3 2026 Company: 389 354 € Industry median: 27 306 €Q3·260100200300400Q4 2024 Company: 97 333 € Industry median: 28 413 €Q1 2025 Company: 20 495 € Industry median: 24 705 €Q1·25Q2 2025 Company: 110 800 € Industry median: 24 720 €Q3 2025 Company: 262 217 € Industry median: 31 477 €Q3·25Q4 2025 Company: 100 970 € Industry median: 26 978 €Q1 2026 Company: 70 093 € Industry median: 21 639 €Q1·26Q2 2026 Company: 150 759 € Industry median: 21 802 €Q3 2026 Company: 389 354 € Industry median: 27 306 €Q3·26
  • Company
  • Industry median

Industry: Travel agency, tour operator and other reservation service and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 520 € · +70.5% vs Q2 2026 · industry median 1 423 € · above 84% of the industry
01 0002 0003 0004 000Q4 2023 Company: 2 855 € Industry median: 1 192 €Q4·23Q1 2024 Company: 2 544 € Industry median: 1 156 €Q2 2024 Company: 2 170 € Industry median: 1 120 €Q2·24Q3 2024 Company: 3 015 € Industry median: 1 233 €Q4 2024 Company: 2 980 € Industry median: 1 233 €Q4·24Q1 2025 Company: 2 696 € Industry median: 1 385 €Q2 2025 Company: 2 698 € Industry median: 1 376 €Q2·25Q3 2025 Company: 1 903 € Industry median: 1 423 €Q4 2025 Company: 2 633 € Industry median: 1 410 €Q4·25Q1 2026 Company: 2 697 € Industry median: 1 342 €Q2 2026 Company: 2 064 € Industry median: 1 324 €Q2·26Q3 2026 Company: 3 520 € Industry median: 1 423 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 980 € Industry median: 1 233 €Q1 2025 Company: 2 696 € Industry median: 1 385 €Q1·25Q2 2025 Company: 2 698 € Industry median: 1 376 €Q3 2025 Company: 1 903 € Industry median: 1 423 €Q3·25Q4 2025 Company: 2 633 € Industry median: 1 410 €Q1 2026 Company: 2 697 € Industry median: 1 342 €Q1·26Q2 2026 Company: 2 064 € Industry median: 1 324 €Q3 2026 Company: 3 520 € Industry median: 1 423 €Q3·26
  • Company
  • Industry median

Industry: Travel agency, tour operator and other reservation service and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 5 · −16.7% vs Q2 2026
0246810Q4 2023 Company: 5Q4·23Q1 2024 Company: 5Q2 2024 Company: 6Q2·24Q3 2024 Company: 5Q4 2024 Company: 5Q4·24Q1 2025 Company: 5Q2 2025 Company: 5Q2·25Q3 2025 Company: 9Q4 2025 Company: 6Q4·25Q1 2026 Company: 5Q2 2026 Company: 6Q2·26Q3 2026 Company: 5Q3·260246810Q4 2024 Company: 5Q1 2025 Company: 5Q1·25Q2 2025 Company: 5Q3 2025 Company: 9Q3·25Q4 2025 Company: 6Q1 2026 Company: 5Q1·26Q2 2026 Company: 6Q3 2026 Company: 5Q3·26
State taxes, € Q3 2026: 16 435 € · +41.8% vs Q2 2026
05 00010 00015 00020 000Q4 2023 Company: 13 693 €Q4·23Q1 2024 Company: 12 200 €Q2 2024 Company: 12 425 €Q2·24Q3 2024 Company: 14 403 €Q4 2024 Company: 14 140 €Q4·24Q1 2025 Company: 12 794 €Q2 2025 Company: 12 863 €Q2·25Q3 2025 Company: 16 292 €Q4 2025 Company: 15 037 €Q4·25Q1 2026 Company: 12 863 €Q2 2026 Company: 11 587 €Q2·26Q3 2026 Company: 16 435 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 14 140 €Q1 2025 Company: 12 794 €Q1·25Q2 2025 Company: 12 863 €Q3 2025 Company: 16 292 €Q3·25Q4 2025 Company: 15 037 €Q1 2026 Company: 12 863 €Q1·26Q2 2026 Company: 11 587 €Q3 2026 Company: 16 435 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 389 354 16 435 17 600 5
Q2 2026 150 759 11 587 12 385 6
Q1 2026 70 093 12 863 13 483 5
Q4 2025 100 970 15 037 15 800 6
Q3 2025 262 217 16 292 17 130 9
Q2 2025 110 800 12 863 13 489 5
Q1 2025 20 495 12 794 13 478 5
Q4 2024 97 333 14 140 14 900 5
Q3 2024 213 998 14 403 15 076 5
Q2 2024 102 499 12 425 13 017 6
Q1 2024 2 282 12 200 12 721 5
Q4 2023 41 968 13 693 14 273 5
Q3 2023 229 240 14 726 15 534 6
Q2 2023 53 553 11 580 12 329 6
Q1 2023 494 11 845 12 569 6
Q4 2022 32 841 16 279 17 224 6
Q3 2022 232 946 19 592 20 488 6
Q2 2022 51 750 18 036 19 153 11
Q1 2022 13 652 18 244 18 871 8
Labour taxes per employee per month
1 173 €
Turnover per employee in the quarter
77 871 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 647 692 € · +13.0% vs 2024 · industry median 27 722 € · above 88% of the industry
05001 0001 5002 0002 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2 333 486 € Industry median: 28 223 €20192020 Company: 96 298 € Industry median: 6 673 €20202021 Company: 425 677 € Industry median: 8 827 €20212022 Company: 336 532 € Industry median: 16 078 €20222023 Company: 370 072 € Industry median: 20 487 €20232024 Company: 573 051 € Industry median: 26 470 €20242025 Company: 647 692 € Industry median: 27 722 €202505001 0001 5002 0002 5002018 Company: — Industry median: —2019 Company: 2 333 486 € Industry median: 28 223 €20192020 Company: 96 298 € Industry median: 6 673 €2021 Company: 425 677 € Industry median: 8 827 €20212022 Company: 336 532 € Industry median: 16 078 €2023 Company: 370 072 € Industry median: 20 487 €20232024 Company: 573 051 € Industry median: 26 470 €2025 Company: 647 692 € Industry median: 27 722 €2025
  • Company
  • Industry median

Industry: Travel agency, tour operator and other reservation service and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 34 285 € · +1 168.4% vs 2024 · industry median 1 194 € · above 88% of the industry
-200-150-100-500501002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 50 903 € Industry median: 1 022 €20192020 Company: -151 023 € Industry median: -128 €20202021 Company: -2 880 € Industry median: 42 €20212022 Company: -101 481 € Industry median: 781 €20222023 Company: -16 976 € Industry median: 1 059 €20232024 Company: -3 209 € Industry median: 994 €20242025 Company: 34 285 € Industry median: 1 194 €2025-200-150-100-500501002018 Company: — Industry median: —2019 Company: 50 903 € Industry median: 1 022 €20192020 Company: -151 023 € Industry median: -128 €2021 Company: -2 880 € Industry median: 42 €20212022 Company: -101 481 € Industry median: 781 €2023 Company: -16 976 € Industry median: 1 059 €20232024 Company: -3 209 € Industry median: 994 €2025 Company: 34 285 € Industry median: 1 194 €2025
  • Company
  • Industry median

Industry: Travel agency, tour operator and other reservation service and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 5.3 % · +5.9 pp vs the year before · industry median 5.5 % · above 49% of the industry
-200-150-100-500502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2.2 % Industry median: 4.5 %20192020 Company: -156.8 % Industry median: -5.3 %20202021 Company: -0.7 % Industry median: 6.5 %20212022 Company: -30.2 % Industry median: 7.2 %20222023 Company: -4.6 % Industry median: 7.5 %20232024 Company: -0.6 % Industry median: 5.7 %20242025 Company: 5.3 % Industry median: 5.5 %2025-200-150-100-500502018 Company: — Industry median: —2019 Company: 2.2 % Industry median: 4.5 %20192020 Company: -156.8 % Industry median: -5.3 %2021 Company: -0.7 % Industry median: 6.5 %20212022 Company: -30.2 % Industry median: 7.2 %2023 Company: -4.6 % Industry median: 7.5 %20232024 Company: -0.6 % Industry median: 5.7 %2025 Company: 5.3 % Industry median: 5.5 %2025
  • Company
  • Industry median

Industry: Travel agency, tour operator and other reservation service and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 301 399 € · +32.8% vs 2024
02004006008002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 620 317 €20192020 Company: 367 783 €20202021 Company: 381 661 €20212022 Company: 267 243 €20222023 Company: 238 245 €20232024 Company: 226 969 €20242025 Company: 301 399 €202502004006008002018 Company: —2019 Company: 620 317 €20192020 Company: 367 783 €2021 Company: 381 661 €20212022 Company: 267 243 €2023 Company: 238 245 €20232024 Company: 226 969 €2025 Company: 301 399 €2025
Equity, € thousand 2025: 240 364 € · +16.6% vs 2024
01002003004005002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 481 647 €20192020 Company: 330 625 €20202021 Company: 327 745 €20212022 Company: 226 264 €20222023 Company: 209 289 €20232024 Company: 206 080 €20242025 Company: 240 364 €202501002003004005002018 Company: —2019 Company: 481 647 €20192020 Company: 330 625 €2021 Company: 327 745 €20212022 Company: 226 264 €2023 Company: 209 289 €20232024 Company: 206 080 €2025 Company: 240 364 €2025
Employees 2025: 5 · +0.0% vs 2024 · industry median 1 · above 85% of the industry
0510152016 Company: 13 Industry median: —20162017 Company: 12 Industry median: —20172018 Company: 12 Industry median: 220182019 Company: 12 Industry median: 220192020 Company: 9 Industry median: 120202021 Company: 8 Industry median: 120212022 Company: 6 Industry median: 120222023 Company: 5 Industry median: 120232024 Company: 5 Industry median: 120242025 Company: 5 Industry median: 12025035810132018 Company: 12 Industry median: 22019 Company: 12 Industry median: 220192020 Company: 9 Industry median: 12021 Company: 8 Industry median: 120212022 Company: 6 Industry median: 12023 Company: 5 Industry median: 120232024 Company: 5 Industry median: 12025 Company: 5 Industry median: 12025
  • Company
  • Industry median

Industry: Travel agency, tour operator and other reservation service and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 647 692 34 285 147 081 301 399 240 364 5
2024 573 051 -3 209 138 653 226 969 206 080 5
2023 370 072 -16 976 114 044 238 245 209 289 5
2022 336 532 -101 481 182 963 267 243 226 264 6
2021 425 677 -2 880 180 483 381 661 327 745 8
2020 96 298 -151 023 170 393 367 783 330 625 9
2019 2 333 486 50 903 445 242 620 317 481 647 12
2018 — — — — — 12
2017 — — — — — 12
2016 — — — — — 13
2015 — — — — — 18
2014 — — — — — 19
2013 — — — — — 19
2012 — — — — — 19
2011 — — — — — 21
2010 — — — — — 22
2009 — — — — — 23
2008 — — — — — 26
2007 — — — — — 28
2006 — — — — — 31
2005 — — — — — 31
2004 — — — — — 31
2003 — — — — — 31
2002 — — — — — 32
2001 — — — — — 36
2000 — — — — — 38
1999 — — — — — 45

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin
5.3 %
Net profit / revenue
Return on equity (ROE)
14.3 %
Net profit / equity
Return on assets (ROA)
11.4 %
Net profit / assets
Equity ratio
79.7 %
Equity / assets
Debt ratio
20.3 %
Liabilities / assets
Current ratio
4.87
Current assets / current liabilities
Revenue per employee
129 538 €
Revenue / average full-time employees
Labour cost per employee per month
2 451 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 1 Jul 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 21 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 22 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 28 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 29 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Sep 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 1 000 000 EEK Aktsiaselts Eesti Ühispank 18 Mar 1999 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Lars Saar
    Board member · since 2 Aug 2016

Right of representation

Any member of the management board may represent the public limited company in all transactions.

Owners

No owner information.

Beneficial owners

  • Maila Saar
    Direct ownership · since 10 Oct 2018

Founders and other persons

Activities (EMTAK)

  • 79121Tour operator activities Main
Rulings
Number, date Title Deadline State Document
Ä 10009889 / M16
23 Jan 2023
Ruling to correct data outside an entry 30 Jan 2023 Deficiencies eliminated
1 Feb 2023
PDF
Ä 10009889 / M15
17 Jan 2023
Ruling to correct data outside an entry 27 Jan 2023 In force
17 Jan 2023
PDF
Ä 10009889 / M14
16 Jan 2023
Ruling to correct data outside an entry 30 Jan 2023 In force
16 Jan 2023
PDF
Ä 10009889 / 26
30 Sep 2020
Amendment entry In force
30 Sep 2020
PDF
Ä 10009889 / 25
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10009889 / 24
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10009889 / 23
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10009889 / 22
12 Sep 2016
Amendment entry In force
12 Sep 2016
PDF
Ä 10009889 / 21
2 Aug 2016
Amendment entry In force
2 Aug 2016
PDF
Ä 10009889 / M13
27 Jul 2016
Ruling to eliminate deficiencies 6 Aug 2016 Deficiencies eliminated
28 Jul 2016
PDF
Ä 10009889 / M12
25 Jul 2016
Ruling to eliminate deficiencies 9 Aug 2016 Deficiencies eliminated
28 Jul 2016
PDF
Ä 10009889 / 20
16 Feb 2016
Amendment entry In force
16 Feb 2016
PDF
Ä 10009889 / M11
27 Jan 2016
Ruling to eliminate deficiencies 26 Feb 2016 Deficiencies eliminated
16 Feb 2016
PDF
Ä 10009889 / 19
25 Sep 2015
Amendment entry In force
25 Sep 2015
PDF
Ä 10009889 / M10
28 Aug 2015
Ruling to eliminate deficiencies 27 Sep 2015 Deficiencies eliminated
25 Sep 2015
PDF
Ä 10009889 / 18
10 Aug 2015
Amendment entry In force
10 Aug 2015
PDF
Ä 10009889 / M9
6 Jul 2015
Ruling to eliminate deficiencies 5 Aug 2015 In force
6 Jul 2015
PDF
Ä 10009889 / M8
31 Jul 2013
Ruling to correct data outside an entry 30 Aug 2013 Deficiencies eliminated
30 Aug 2013
PDF
Ä 10009889 / M7
29 Jul 2013
Ruling to correct data outside an entry 28 Aug 2013 Deficiencies eliminated
30 Aug 2013
PDF
Ä 10009889 / 17
25 Jan 2011
Amendment entry In force
25 Jan 2011
PDF
Ä 10009889 / 16
6 Jan 2011
Entry made by the register on its own initiative In force
6 Jan 2011
PDF
Ä 10009889 / 15
18 Feb 2010
Amendment entry In force
18 Feb 2010
PDF
Ä 9889 / M6
5 Feb 2010
Ruling to eliminate deficiencies 5 Mar 2010 In force
5 Feb 2010
PDF
Ä 9889 / M5
12 Jan 2010
Ruling to eliminate deficiencies 12 Feb 2010 In force
12 Jan 2010
PDF
Ä 9889 / 14
24 Apr 2009
Amendment entry In force
24 Apr 2009
PDF
Ä 9889 / 13
3 Dec 2008
Deletion of activities from the registry card In force
4 Dec 2008
PDF
Ä 9889 / 12
11 May 2005
Amendment entry In force PDF
K 39097 / 3
11 May 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
Ä 9889 / 11
3 Mar 2005
Amendment entry In force PDF
Ä 9889 / 10
5 May 2004
Amendment entry In force PDF
Ä 9889 / 9
26 Apr 2004
Amendment entry In force PDF
Ä 9889 / M4
20 Apr 2004
Ruling to eliminate deficiencies (to be served) 20 May 2004 In force PDF
Ä 9889 / M3
19 Apr 2004
Ruling to eliminate deficiencies (to be served) In force PDF
Ä 9889 / 8
24 Dec 2002
Unpublished amendment entry In force PDF
Ä 9889 / M2
24 Sep 2002
Ruling to eliminate deficiencies (to be served) 10 Dec 2002 In force PDF
Ä 9889 / M1
29 Jul 2002
Ruling to eliminate deficiencies (to be served) 10 Oct 2002 In force PDF
Ä 9889 / 7
19 Jun 2002
Published amendment entry In force PDF
K 39097 / 2
19 Jun 2002
Compliance with Commercial Code § 33 (7.1) In force PDF
Ä 9889 / 6
6 Jun 2002
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data