Fitness Formula OÜ

Active Registry code 10648759 OÜ Tallinn Registered 29 Feb 2000

Fitness Formula OÜ is a OÜ based in Tallinn, registry code 10648759, status: active. Main activity: Activities of fitness centres. Its annual report for 2025 shows revenue of €31 046 and 1 employees.

Turnover

—

State taxes

1 051 €

↑ 4.3% vs Q2 2026

Labour taxes

1 290 €

↑ 4.4% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Sports activities and amusement and recreation activities · EMTAK 93

Labour taxes per employee 1 290 €

above 57% of companies

industry median 1 179 € · companies in the industry: 1 807
Revenue · 2025 31 046 €

above 89% of companies

industry median 0 € · companies in the industry: 8 615
Net profit margin · 2025 7.6 %

above 61% of companies

industry median 3.2 % · companies in the industry: 5 951

Taxes and turnover

Q4 2023 – Q3 2026

Labour taxes per employee, € Q3 2026: 1 290 € · +4.4% vs Q2 2026 · industry median 1 179 € · above 57% of the industry

Company
Industry median

Industry: Sports activities and amusement and recreation activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 1 051 € · +4.3% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	—	1 051	1 290	1
Q2 2026	—	1 008	1 236	1
Q1 2026	—	994	1 181	1
Q4 2025	—	1 009	1 126	1
Q3 2025	—	1 009	1 126	1
Q2 2025	—	1 009	1 126	1
Q1 2025	—	971	1 085	1
Q4 2024	—	894	1 002	1
Q3 2024	—	894	1 002	1
Q2 2024	—	894	1 002	1
Q1 2024	—	844	948	1
Q4 2023	—	745	840	1
Q3 2023	—	745	840	1
Q2 2023	—	745	840	1
Q1 2023	—	710	800	1
Q4 2022	—	741	820	1
Q3 2022	—	641	720	1
Q2 2022	—	746	834	1
Q1 2022	—	641	720	1

Labour taxes per employee per month

430 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € 2025: 31 046 € · +6.8% vs 2024 · industry median 0 € · above 89% of the industry

Company
Industry median

Industry: Sports activities and amusement and recreation activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 2 355 € · +27.0% vs 2024 · industry median 10 € · above 77% of the industry

Company
Industry median

Industry: Sports activities and amusement and recreation activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 7.6 % · +1.2 pp vs the year before · industry median 3.2 % · above 61% of the industry

Company
Industry median

Industry: Sports activities and amusement and recreation activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 46 744 € · +7.9% vs 2024

Equity, € 2025: 38 092 € · +6.6% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry

Company
Industry median

Industry: Sports activities and amusement and recreation 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	31 046	2 355	14 226	46 744	38 092	1
2024	29 082	1 855	13 166	43 311	35 737	1
2023	28 629	1 047	11 641	40 878	33 882	1
2022	21 998	960	9 901	38 499	32 836	1
2021	23 184	-1 782	8 583	37 776	31 877	1
2020	28 501	11 674	8 542	40 732	33 658	1
2019	32 974	259	8 670	28 461	21 984	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	1
2014	—	—	—	—	—	1
2013	—	—	—	—	—	1
2012	—	—	—	—	—	1
2011	—	—	—	—	—	1
2010	—	—	—	—	—	1
2009	—	—	—	—	—	1
2008	—	—	—	—	—	1
2007	—	—	—	—	—	1
2006	—	—	—	—	—	1
2005	—	—	—	—	—	0
2004	—	—	—	—	—	1
2003	—	—	—	—	—	0
2002	—	—	—	—	—	0
2001	—	—	—	—	—	0
2000	—	—	—	—	—	1

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

7.6 %

Net profit / revenue

Return on equity (ROE)

6.2 %

Net profit / equity

Return on assets (ROA)

5.0 %

Net profit / assets

Equity ratio

81.5 %

Equity / assets

Debt ratio

18.5 %

Liabilities / assets

Current ratio

4.38

Current assets / current liabilities

Revenue per employee

31 046 €

Revenue / average full-time employees

Labour cost per employee per month

1 186 €

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	22 Jul 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	10 Jul 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	6 Jul 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	16 Jul 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	4 Sep 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	30 Aug 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	4 Dec 2020	Company’s own	e-Äriregister

Board

Tiina Valgesoo
Board member · since 29 Feb 2000

Right of representation

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

Owners

Tiina Valgesoo
Natural person · 3 834 €

100%

Beneficial owners

Tiina Valgesoo
Direct ownership · since 24 Aug 2019

Founders and other persons

Tiina Valgesoo
Founder · 60 000 € · 29 Feb 2000

Activities (EMTAK)

93131Activities of fitness centres Main
46492Wholesale of sports good (excluding sports clothing and footwear)

Rulings 8

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10047345 / M3 6 Jul 2024	Warning of a fine: annual report not filed	5 Aug 2024	Deficiencies eliminated 8 Jul 2024	PDF
Ä 10047345 / 7 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10047345 / 6 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10047345 / 5 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10047345 / 4 9 Jun 2015	Amendment entry		In force 9 Jun 2015	PDF
Ä 10047345 / 3 27 Feb 2012	Amendment entry		In force 27 Feb 2012	PDF
Ä 10047345 / M2 30 Jan 2012	Ruling to eliminate deficiencies	1 Mar 2012	In force 30 Jan 2012	PDF
Ä 47345 / 2 3 Dec 2008	Deletion of activities from the registry card		In force 3 Dec 2008	PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data