osaühing HOTELL PALLAS
Active Registry code 10512669
OÜ Tartu linn Registered 7 Dec 1998
osaühing HOTELL PALLAS is a OÜ based in Tartu linn, registry code 10512669, status: active. Main activity: Hotels. According to EMTA, turnover for Q3 2026 was €514 398 with 18 employees.
Turnover
514 398 €
↑ 11.1% vs Q2 2026
State taxes
63 172 €
↑ 78.3% vs Q2 2026
Labour taxes
27 326 €
↑ 7.2% vs Q2 2026
Employees
18
−2 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 514 398 €above 93% of companiesindustry median 14 443 € · companies in the industry: 1 209
- Labour taxes per employee 1 518 €above 67% of companiesindustry median 1 201 € · companies in the industry: 655
- Revenue · 2025 1.6 mn €above 98% of companiesindustry median 12 949 € · companies in the industry: 2 211
- Net profit margin · 2025 8.5 %above 58% of companiesindustry median 3.6 % · companies in the industry: 1 824
Taxes and turnover
- Company
- Industry median
Industry: Accommodation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Accommodation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 514 398 | 63 172 | 27 326 | 18 |
| Q2 2026 | 462 876 | 35 426 | 25 481 | 20 |
| Q1 2026 | 335 173 | 25 235 | 27 403 | 14 |
| Q4 2025 | 397 294 | 24 119 | 26 147 | 16 |
| Q3 2025 | 493 563 | 81 655 | 27 384 | 16 |
| Q2 2025 | 411 550 | 30 329 | 26 596 | 15 |
| Q1 2025 | 367 404 | 28 857 | 29 394 | 14 |
| Q4 2024 | 438 088 | 47 413 | 26 840 | 15 |
| Q3 2024 | 559 245 | 37 673 | 29 850 | 15 |
| Q2 2024 | 451 092 | 22 935 | 23 997 | 16 |
| Q1 2024 | 352 727 | 23 539 | 25 333 | 15 |
| Q4 2023 | 374 831 | 36 199 | 22 826 | 15 |
| Q3 2023 | 466 727 | 39 479 | 25 914 | 14 |
| Q2 2023 | 392 786 | 34 080 | 26 459 | 19 |
| Q1 2023 | 376 853 | 20 144 | 21 096 | 18 |
| Q4 2022 | 379 645 | 45 291 | 21 564 | 20 |
| Q3 2022 | 428 680 | 22 482 | 24 032 | 18 |
| Q2 2022 | 416 572 | 20 772 | 18 430 | 20 |
| Q1 2022 | 241 508 | 14 736 | 16 011 | 17 |
Labour taxes per employee per month
506 €
Turnover per employee in the quarter
28 578 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Accommodation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Accommodation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Accommodation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Accommodation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 1 581 778 | 134 408 | 286 736 | 442 108 | 187 418 | 14 |
| 2024 | 1 732 075 | 222 417 | 288 097 | 533 526 | 233 010 | 15 |
| 2023 | 1 492 968 | 126 107 | 261 171 | 478 367 | 170 594 | 15 |
| 2022 | 1 360 317 | 118 830 | 238 255 | 568 387 | 214 487 | 15 |
| 2021 | 680 590 | 51 564 | 134 734 | 593 115 | 195 657 | 9 |
| 2020 | 376 395 | -16 574 | 95 417 | 434 950 | 144 093 | 7 |
| 2019 | 1 025 690 | 110 411 | 193 065 | 255 120 | 160 667 | 13 |
| 2018 | — | — | — | — | — | 13 |
| 2017 | — | — | — | — | — | 13 |
| 2016 | — | — | — | — | — | 14 |
| 2015 | — | — | — | — | — | 13 |
| 2014 | — | — | — | — | — | 13 |
| 2013 | — | — | — | — | — | 13 |
| 2012 | — | — | — | — | — | 13 |
| 2011 | — | — | — | — | — | 11 |
| 2010 | — | — | — | — | — | 10 |
| 2009 | — | — | — | — | — | 11 |
| 2008 | — | — | — | — | — | 14 |
| 2007 | — | — | — | — | — | 17 |
| 2006 | — | — | — | — | — | 17 |
| 2005 | — | — | — | — | — | 15 |
| 2004 | — | — | — | — | — | 14 |
| 2003 | — | — | — | — | — | 13 |
| 2002 | — | — | — | — | — | 14 |
| 2001 | — | — | — | — | — | 13 |
| 2000 | — | — | — | — | — | 13 |
| 1999 | — | — | — | — | — | 13 |
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
8.5 %
Net profit / revenue
Return on equity (ROE)
71.7 %
Net profit / equity
Return on assets (ROA)
30.4 %
Net profit / assets
Equity ratio
42.4 %
Equity / assets
Debt ratio
57.6 %
Liabilities / assets
Current ratio
0.64
Current assets / current liabilities
Revenue per employee
112 984 €
Revenue / average full-time employees
Labour cost per employee per month
1 707 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 29 Jun 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 27 Jun 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 28 Jun 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Jun 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 30 Jun 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 30 Jun 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 24 Mar 2020 | Company’s own | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 2 | 240 000 € | Swedbank AS | 13 Jul 2021 – in force |
| 1 | 195 000 € | Swedbank AS | 10 Mar 2020 – in force |
Board
- Verni LoodmaaBoard member · since 7 Dec 1998
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- ASM Investments OÜLegal person · 11137239 · 675 €
- Kalev KaseNatural person · 675 €
- OÜ LevernLegal person · 10881289 · 675 €
- Martin SöötNatural person · 575 €
- Raul RebaneNatural person · 400 €
Beneficial owners
- Verni LoodmaaDirect ownership · since 8 Mar 2024
Founders and other persons
- Alar KroodoFounder · 135 000 € · 7 Dec 1998
- Kalev KaseFounder · 135 000 € · 7 Dec 1998
- Martin SöötFounder · 115 000 € · 7 Dec 1998
- Raul RebaneFounder · 80 000 € · 7 Dec 1998
- Verni LoodmaaFounder · 135 000 € · 7 Dec 1998
- Raul KoniAudit firm · 1 Jan 2000
Related companies
Activities (EMTAK)
- 55101Hotels Main
- 68201Rental and operating of own or leased real estate
- 82991Other business support service activities n.e.c.
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 20013590 / 13 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 20013590 / 12 30 Jun 2022 |
Amendment entry | In force 30 Jun 2022 |
||
| K 20013590 / 11 13 Jul 2021 |
Commercial pledge entered | In force 13 Jul 2021 |
||
| K 20013590 / 10 10 Mar 2020 |
Commercial pledge entered | In force 10 Mar 2020 |
||
| Ä 20013590 / 9 15 May 2018 |
Amendment entry | In force 15 May 2018 |
||
| Ä 20013590 / 8 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 20013590 / 7 23 Dec 2017 |
Amendment entry | In force 23 Dec 2017 |
||
| Ä 20013590 / 6 3 Dec 2017 |
Amendment entry | In force 3 Dec 2017 |
||
| Ä 20013590 / 5 29 Dec 2011 |
Amendment entry | In force 29 Dec 2011 |
||
| Ä 20013590 / 4 26 Sep 2011 |
Amendment entry | In force 26 Sep 2011 |
||
| Ä 13590 / 3 3 Dec 2008 |
Deletion of activities from the registry card | In force 22 Dec 2008 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data