Estonia Spa Hotels AS

Active Registry code 10275471 AS Pärnu linn Registered 16 Sep 1997
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Estonia Spa Hotels AS is a AS based in Pärnu linn, registry code 10275471, status: active. Main activity: Hotels. According to EMTA, turnover for Q3 2026 was €3 667 794 with 216 employees.

Turnover
3 667 794 €
↑ 37.5% vs Q2 2026
State taxes
735 869 €
↑ 39.3% vs Q2 2026
Labour taxes
446 712 €
↑ 5.5% vs Q2 2026
Employees
216
−3 vs Q2 2026

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

Position in the industry Accommodation · EMTAK 55

  • Turnover · Q3 2026 3.7 mn €
    industry median 14 443 € · companies in the industry: 1 209
  • Labour taxes per employee 2 068 €
    industry median 1 201 € · companies in the industry: 655
  • Revenue · 2025 11.4 mn €
    industry median 12 949 € · companies in the industry: 2 211
  • Net profit margin · 2025 9.4 %
    industry median 3.6 % · companies in the industry: 1 824

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 3 667 794 € · +37.5% vs Q2 2026 · industry median 14 443 € · above 98% of the industry
01 0002 0003 0004 000Q4 2023 Company: 2 420 751 € Industry median: 7 379 €Q4·23Q1 2024 Company: 1 933 837 € Industry median: 7 423 €Q2 2024 Company: 2 398 739 € Industry median: 7 782 €Q2·24Q3 2024 Company: 3 535 799 € Industry median: 14 910 €Q4 2024 Company: 2 433 184 € Industry median: 7 255 €Q4·24Q1 2025 Company: 2 275 790 € Industry median: 5 990 €Q2 2025 Company: 2 394 968 € Industry median: 6 555 €Q2·25Q3 2025 Company: 3 620 850 € Industry median: 14 664 €Q4 2025 Company: 2 569 635 € Industry median: 6 790 €Q4·25Q1 2026 Company: 2 291 659 € Industry median: 6 401 €Q2 2026 Company: 2 668 394 € Industry median: 7 586 €Q2·26Q3 2026 Company: 3 667 794 € Industry median: 14 443 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 433 184 € Industry median: 7 255 €Q1 2025 Company: 2 275 790 € Industry median: 5 990 €Q1·25Q2 2025 Company: 2 394 968 € Industry median: 6 555 €Q3 2025 Company: 3 620 850 € Industry median: 14 664 €Q3·25Q4 2025 Company: 2 569 635 € Industry median: 6 790 €Q1 2026 Company: 2 291 659 € Industry median: 6 401 €Q1·26Q2 2026 Company: 2 668 394 € Industry median: 7 586 €Q3 2026 Company: 3 667 794 € Industry median: 14 443 €Q3·26
  • Company
  • Industry median

Industry: Accommodation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 068 € · +6.9% vs Q2 2026 · industry median 1 201 € · above 82% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 537 € Industry median: 899 €Q4·23Q1 2024 Company: 1 655 € Industry median: 932 €Q2 2024 Company: 1 692 € Industry median: 860 €Q2·24Q3 2024 Company: 1 860 € Industry median: 1 068 €Q4 2024 Company: 1 720 € Industry median: 1 035 €Q4·24Q1 2025 Company: 1 903 € Industry median: 1 046 €Q2 2025 Company: 1 935 € Industry median: 974 €Q2·25Q3 2025 Company: 2 192 € Industry median: 1 126 €Q4 2025 Company: 1 975 € Industry median: 1 126 €Q4·25Q1 2026 Company: 2 025 € Industry median: 1 105 €Q2 2026 Company: 1 934 € Industry median: 970 €Q2·26Q3 2026 Company: 2 068 € Industry median: 1 201 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 720 € Industry median: 1 035 €Q1 2025 Company: 1 903 € Industry median: 1 046 €Q1·25Q2 2025 Company: 1 935 € Industry median: 974 €Q3 2025 Company: 2 192 € Industry median: 1 126 €Q3·25Q4 2025 Company: 1 975 € Industry median: 1 126 €Q1 2026 Company: 2 025 € Industry median: 1 105 €Q1·26Q2 2026 Company: 1 934 € Industry median: 970 €Q3 2026 Company: 2 068 € Industry median: 1 201 €Q3·26
  • Company
  • Industry median

Industry: Accommodation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 216 · −1.4% vs Q2 2026
050100150200250Q4 2023 Company: 220Q4·23Q1 2024 Company: 218Q2 2024 Company: 222Q2·24Q3 2024 Company: 214Q4 2024 Company: 215Q4·24Q1 2025 Company: 206Q2 2025 Company: 211Q2·25Q3 2025 Company: 205Q4 2025 Company: 211Q4·25Q1 2026 Company: 211Q2 2026 Company: 219Q2·26Q3 2026 Company: 216Q3·26050100150200250Q4 2024 Company: 215Q1 2025 Company: 206Q1·25Q2 2025 Company: 211Q3 2025 Company: 205Q3·25Q4 2025 Company: 211Q1 2026 Company: 211Q1·26Q2 2026 Company: 219Q3 2026 Company: 216Q3·26
State taxes, € thousand Q3 2026: 735 869 € · +39.3% vs Q2 2026
0200400600800Q4 2023 Company: 582 348 €Q4·23Q1 2024 Company: 363 274 €Q2 2024 Company: 430 794 €Q2·24Q3 2024 Company: 578 687 €Q4 2024 Company: 615 056 €Q4·24Q1 2025 Company: 455 786 €Q2 2025 Company: 513 229 €Q2·25Q3 2025 Company: 732 750 €Q4 2025 Company: 606 768 €Q4·25Q1 2026 Company: 462 613 €Q2 2026 Company: 528 398 €Q2·26Q3 2026 Company: 735 869 €Q3·260200400600800Q4 2024 Company: 615 056 €Q1 2025 Company: 455 786 €Q1·25Q2 2025 Company: 513 229 €Q3 2025 Company: 732 750 €Q3·25Q4 2025 Company: 606 768 €Q1 2026 Company: 462 613 €Q1·26Q2 2026 Company: 528 398 €Q3 2026 Company: 735 869 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 3 667 794 735 869 446 712 216
Q2 2026 2 668 394 528 398 423 539 219
Q1 2026 2 291 659 462 613 427 280 211
Q4 2025 2 569 635 606 768 416 671 211
Q3 2025 3 620 850 732 750 449 434 205
Q2 2025 2 394 968 513 229 408 346 211
Q1 2025 2 275 790 455 786 391 994 206
Q4 2024 2 433 184 615 056 369 785 215
Q3 2024 3 535 799 578 687 398 107 214
Q2 2024 2 398 739 430 794 375 530 222
Q1 2024 1 933 837 363 274 360 793 218
Q4 2023 2 420 751 582 348 338 074 220
Q3 2023 3 391 557 493 861 365 683 215
Q2 2023 2 242 109 390 691 347 020 223
Q1 2023 2 175 633 370 429 323 064 219
Q4 2022 2 223 617 397 946 293 567 213
Q3 2022 3 095 001 461 654 309 403 201
Q2 2022 1 948 414 330 074 260 468 208
Q1 2022 1 451 356 258 151 231 786 197
Labour taxes per employee per month
689 €
Turnover per employee in the quarter
16 981 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 11 449 799 € · +5.2% vs 2024 · industry median 12 949 € · above 98% of the industry
02 5005 0007 50010 00012 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 8 956 716 € Industry median: 15 012 €20192020 Company: 5 390 722 € Industry median: 11 707 €20202021 Company: 5 149 137 € Industry median: 12 221 €20212022 Company: 9 357 474 € Industry median: 14 348 €20222023 Company: 10 918 398 € Industry median: 13 864 €20232024 Company: 10 888 080 € Industry median: 13 526 €20242025 Company: 11 449 799 € Industry median: 12 949 €202502 5005 0007 50010 00012 5002018 Company: — Industry median: —2019 Company: 8 956 716 € Industry median: 15 012 €20192020 Company: 5 390 722 € Industry median: 11 707 €2021 Company: 5 149 137 € Industry median: 12 221 €20212022 Company: 9 357 474 € Industry median: 14 348 €2023 Company: 10 918 398 € Industry median: 13 864 €20232024 Company: 10 888 080 € Industry median: 13 526 €2025 Company: 11 449 799 € Industry median: 12 949 €2025
  • Company
  • Industry median

Industry: Accommodation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 1 075 311 € · +6.1% vs 2024 · industry median 94 € · above 98% of the industry
-1 000-50005001 0001 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 484 602 € Industry median: 780 €20192020 Company: -641 302 € Industry median: 0 €20202021 Company: 174 978 € Industry median: 231 €20212022 Company: 1 052 537 € Industry median: 294 €20222023 Company: 841 728 € Industry median: 140 €20232024 Company: 1 013 214 € Industry median: 175 €20242025 Company: 1 075 311 € Industry median: 94 €2025-1 000-50005001 0001 5002018 Company: — Industry median: —2019 Company: 484 602 € Industry median: 780 €20192020 Company: -641 302 € Industry median: 0 €2021 Company: 174 978 € Industry median: 231 €20212022 Company: 1 052 537 € Industry median: 294 €2023 Company: 841 728 € Industry median: 140 €20232024 Company: 1 013 214 € Industry median: 175 €2025 Company: 1 075 311 € Industry median: 94 €2025
  • Company
  • Industry median

Industry: Accommodation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 9.4 % · +0.1 pp vs the year before · industry median 3.6 % · above 60% of the industry
-15-10-50510152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 5.4 % Industry median: 8.0 %20192020 Company: -11.9 % Industry median: 2.7 %20202021 Company: 3.4 % Industry median: 8.0 %20212022 Company: 11.2 % Industry median: 7.6 %20222023 Company: 7.7 % Industry median: 5.0 %20232024 Company: 9.3 % Industry median: 5.5 %20242025 Company: 9.4 % Industry median: 3.6 %2025-15-10-50510152018 Company: — Industry median: —2019 Company: 5.4 % Industry median: 8.0 %20192020 Company: -11.9 % Industry median: 2.7 %2021 Company: 3.4 % Industry median: 8.0 %20212022 Company: 11.2 % Industry median: 7.6 %2023 Company: 7.7 % Industry median: 5.0 %20232024 Company: 9.3 % Industry median: 5.5 %2025 Company: 9.4 % Industry median: 3.6 %2025
  • Company
  • Industry median

Industry: Accommodation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 14 371 978 € · −5.7% vs 2024
05 00010 00015 00020 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 15 336 967 €20192020 Company: 14 162 058 €20202021 Company: 14 189 513 €20212022 Company: 15 062 045 €20222023 Company: 15 089 144 €20232024 Company: 15 235 292 €20242025 Company: 14 371 978 €202505 00010 00015 00020 0002018 Company: —2019 Company: 15 336 967 €20192020 Company: 14 162 058 €2021 Company: 14 189 513 €20212022 Company: 15 062 045 €2023 Company: 15 089 144 €20232024 Company: 15 235 292 €2025 Company: 14 371 978 €2025
Equity, € thousand 2025: 7 588 319 € · +11.4% vs 2024
02 0004 0006 0008 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 5 921 853 €20192020 Company: 5 280 551 €20202021 Company: 5 455 529 €20212022 Company: 6 358 066 €20222023 Company: 6 499 794 €20232024 Company: 6 813 008 €20242025 Company: 7 588 319 €202502 0004 0006 0008 0002018 Company: —2019 Company: 5 921 853 €20192020 Company: 5 280 551 €2021 Company: 5 455 529 €20212022 Company: 6 358 066 €2023 Company: 6 499 794 €20232024 Company: 6 813 008 €2025 Company: 7 588 319 €2025
Employees 2025: 204 · −1.0% vs 2024 · industry median 1 · above 98% of the industry
01002003002016 Company: 247 Industry median: —20162017 Company: 256 Industry median: —20172018 Company: 254 Industry median: 220182019 Company: 250 Industry median: 220192020 Company: 203 Industry median: 220202021 Company: 166 Industry median: 120212022 Company: 187 Industry median: 220222023 Company: 204 Industry median: 120232024 Company: 206 Industry median: 120242025 Company: 204 Industry median: 1202501002003002018 Company: 254 Industry median: 22019 Company: 250 Industry median: 220192020 Company: 203 Industry median: 22021 Company: 166 Industry median: 120212022 Company: 187 Industry median: 22023 Company: 204 Industry median: 120232024 Company: 206 Industry median: 12025 Company: 204 Industry median: 12025
  • Company
  • Industry median

Industry: Accommodation (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 11 449 799 1 075 311 4 554 119 14 371 978 7 588 319 204
2024 10 888 080 1 013 214 4 208 038 15 235 292 6 813 008 206
2023 10 918 398 841 728 3 955 742 15 089 144 6 499 794 204
2022 9 357 474 1 052 537 3 268 045 15 062 045 6 358 066 187
2021 5 149 137 174 978 2 386 126 14 189 513 5 455 529 166
2020 5 390 722 -641 302 2 919 997 14 162 058 5 280 551 203
2019 8 956 716 484 602 3 596 386 15 336 967 5 921 853 250
2018 — — — — — 254
2017 — — — — — 256
2016 — — — — — 247
2015 — — — — — 192
2014 — — — — — 191
2013 — — — — — 209
2012 — — — — — 203
2011 — — — — — 186
2010 — — — — — 215
2009 — — — — — 224
2008 — — — — — 243
2007 — — — — — 240
2006 — — — — — 235
2005 — — — — — 237
2004 — — — — — 213
2003 — — — — — 210
2002 — — — — — 201
2001 — — — — — 169
1999 — — — — — 175
1998 — — — — — 170
1997 — — — — — 171

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
9.4 %
Net profit / revenue
Return on equity (ROE)
14.2 %
Net profit / equity
Return on assets (ROA)
7.5 %
Net profit / assets
Equity ratio
52.8 %
Equity / assets
Debt ratio
47.2 %
Liabilities / assets
Current ratio
2.72
Current assets / current liabilities
Revenue per employee
56 126 €
Revenue / average full-time employees
Labour cost per employee per month
1 860 €
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 26 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 19 May 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 25 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 27 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 15 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 8 Jul 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
2 1 000 000 € Swedbank AS 16 Mar 2018 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Andrus Aljas
    Board member · since 7 Jan 2013

Right of representation

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

Owners

No owner information.

Beneficial owners

  • Agnes Böning
    Member of a senior management body (management or supervisory board) · since 16 Sep 2026
  • Andrus Aljas
    Member of a senior management body (management or supervisory board) · since 16 Sep 2026
  • Janika Lillemets
    Member of a senior management body (management or supervisory board) · since 16 Sep 2026
  • Jevgeni Poljans
    Member of a senior management body (management or supervisory board) · since 16 Sep 2026
  • Johan Kärp
    Member of a senior management body (management or supervisory board) · since 16 Sep 2026
  • Peeter Prisk
    Member of a senior management body (management or supervisory board) · since 16 Sep 2026
  • Ülari Talumaa
    Member of a senior management body (management or supervisory board) · since 16 Sep 2026

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 55101Hotels Main
  • 47111Non-specialised retail sale of predominately food, beverages or tobacco
  • 56111Activities of restaurants and cafes
  • 68201Rental and operating of own or leased real estate
  • 86951Physiotherapy activities
  • 9622Beauty care and other beauty treatment activities
  • 96231Day spa, massage salons and sauna activities
  • 96999Other personal service activities n.e.c.
Rulings
Number, date Title Deadline State Document
Ä 30006362 / M13
8 Sep 2026
Ruling to correct data outside an entry 18 Sep 2026 Deficiencies eliminated
8 Sep 2026
PDF
K 30006362 / 25
16 Mar 2018
Commercial pledge entered In force
16 Mar 2018
PDF
K 30006362 / 24
16 Mar 2018
Commercial pledge deleted In force
16 Mar 2018
PDF
Ä 30006362 / M12
15 Mar 2018
Ruling to correct data outside an entry 14 Apr 2018 Deficiencies eliminated
21 Mar 2018
PDF
K 30006362 / M11
15 Mar 2018
Ruling to eliminate deficiencies 25 Mar 2018 Deficiencies eliminated
21 Mar 2018
PDF
Ä 30006362 / 23
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 30006362 / 22
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 30006362 / 21
4 Dec 2017
Amendment entry In force
4 Dec 2017
PDF
Ä 30006362 / 20
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 30006362 / 19
16 Jan 2015
Amendment under Commercial Code § 525 (2) In force
16 Jan 2015
PDF
Ä 30006362 / 18
6 Jan 2015
Amendment under Commercial Code § 525 (2) In force
6 Jan 2015
PDF
Ä 30006362 / M10
13 Feb 2014
Ruling to correct data outside an entry 15 Mar 2014 Deficiencies eliminated
28 Feb 2014
PDF
Ä 30006362 / 17
2 Jan 2014
Amendment entry In force
2 Jan 2014
PDF
Ä 30006362 / 16
26 Nov 2013
Amendment entry In force
26 Nov 2013
PDF
Ä 30006362 / 15
7 Jan 2013
Amendment entry In force
7 Jan 2013
PDF
Ä 30006362 / 14
5 Jul 2012
Amendment entry In force
5 Jul 2012
PDF
Ä 30006362 / M9
22 May 2012
Ruling to eliminate deficiencies 3 Jul 2012 In force
22 May 2012
PDF
Ä 30006362 / M8
19 Apr 2012
Ruling to be served 21 May 2012 In force
24 Apr 2012
PDF
Ä 30006362 / M7
14 Mar 2012
Ruling to eliminate deficiencies 16 Apr 2012 In force
14 Mar 2012
PDF
Ä 30006362 / M6
13 Mar 2012
Ruling to be served 28 Mar 2012 Deficiencies eliminated
13 Mar 2012
PDF
Ä 6362 / 13
15 Jan 2010
Amendment entry In force
15 Jan 2010
PDF
Ä 6362 / 12
21 Oct 2009
Amendment entry In force
21 Oct 2009
PDF
Ä 6362 / M5
8 Oct 2009
Ruling to eliminate deficiencies (to be served) 27 Nov 2009 In force
13 Oct 2009
PDF
Ä 6362 / 11
3 Dec 2008
Deletion of activities from the registry card In force
10 Dec 2008
PDF
K 33804
15 Jun 2007
Commercial pledge entered In force
15 Jun 2007
PDF
Ä 6362 / 10
26 May 2005
Second (constitutive) merger entry In force PDF
Ä 6362 / 9
22 Oct 2002
Entry decision on the register’s own initiative In force PDF
Ä 6362 / 8
2 Oct 2002
Published amendment entry In force PDF
Ä 6362 / M4
26 Aug 2002
Ruling to eliminate deficiencies (to be served) 30 Sep 2002 In force PDF
Ä 6362 / M3
12 Jun 2002
Ruling to eliminate deficiencies (to be served) 12 Aug 2002 In force PDF

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