Novatours OÜ

Active Registry code 11013879 OÜ Tallinn Registered 4 Feb 2004

Novatours OÜ is a OÜ based in Tallinn, registry code 11013879, status: active. Main activity: Travel agency activities. According to EMTA, turnover for Q3 2026 was €601 273 with 19 employees.

Turnover

601 273 €

↓ 34.9% vs Q2 2026

State taxes

89 208 €

↑ 23.9% vs Q2 2026

Labour taxes

77 648 €

↑ 4.5% vs Q2 2026

Employees

−3 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 601 273 €

above 94% of companies

industry median 27 306 € · companies in the industry: 383
Labour taxes per employee 4 087 €

above 88% of companies

industry median 1 423 € · companies in the industry: 297
Revenue · 2024 44.7 mn €

above 98% of companies

industry median 26 470 € · companies in the industry: 830
Net profit margin · 2024 -1.2 %

above 22% of companies

industry median 5.7 % · companies in the industry: 635

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 601 273 € · −34.9% vs Q2 2026 · industry median 27 306 € · above 94% of the industry

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: 4 087 € · +21.0% vs Q2 2026 · industry median 1 423 € · above 88% of the industry

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: 19 · −13.6% vs Q2 2026

State taxes, € thousand Q3 2026: 89 208 € · +23.9% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	601 273	89 208	77 648	19
Q2 2026	923 040	71 975	74 333	22
Q1 2026	2 208 151	111 825	83 095	20
Q4 2025	2 871 425	252 744	105 848	23
Q3 2025	1 299 054	132 826	85 061	25
Q2 2025	1 659 689	79 525	84 913	25
Q1 2025	2 805 312	74 228	78 289	22
Q4 2024	2 966 553	170 538	93 725	25
Q3 2024	2 415 642	141 292	106 257	27
Q2 2024	1 686 095	113 536	106 923	35
Q1 2024	932 726	98 341	86 384	29
Q4 2023	4 067 658	466 300	117 756	27
Q3 2023	2 958 601	182 093	107 238	37
Q2 2023	2 993 488	95 337	101 138	38
Q1 2023	2 622 302	79 909	73 564	30
Q4 2022	3 421 874	84 599	90 628	26
Q3 2022	2 441 740	110 825	82 938	38
Q2 2022	2 467 916	95 255	72 942	37
Q1 2022	1 664 311	68 133	63 232	29

Labour taxes per employee per month

1 362 €

Turnover per employee in the quarter

31 646 €

Q3 2026 · calculated from EMTA data

Financials by year

2015 – 2024

Revenue, € thousand 2024: 44 667 793 € · −18.9% vs 2023 · industry median 26 470 € · above 98% of the industry

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 2024: -544 191 € · −134.2% vs 2023 · industry median 994 € · above 2% of the industry

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, % 2024: -1.2 % · −4.1 pp vs the year before · industry median 5.7 % · above 22% of the industry

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 2024: 15 757 884 € · +4.4% vs 2023

Equity, € thousand 2024: 8 191 926 € · −6.2% vs 2023

Employees 2024: 29 · −21.6% vs 2023 · industry median 1 · above 98% of the industry

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
2024	44 667 793	-544 191	803 699	15 757 884	8 191 926	29
2023	55 056 882	1 590 356	852 980	15 100 679	8 736 117	37
2022	53 518 072	358 402	662 858	15 909 159	7 145 761	25
2021	35 043 590	1 043 297	395 221	11 811 106	6 787 359	21
2020	12 613 701	-349 015	459 752	10 162 592	5 744 062	24
2019	50 202 307	829 177	589 042	12 430 363	6 093 077	31
2018	—	—	—	—	—	22
2017	—	—	—	—	—	21
2016	—	—	—	—	—	25
2015	—	—	—	—	—	24
2014	—	—	—	—	—	23
2013	—	—	—	—	—	18
2012	—	—	—	—	—	16
2010	—	—	—	—	—	17
2009	—	—	—	—	—	25
2008	—	—	—	—	—	0
2007	—	—	—	—	—	45
2006	—	—	—	—	—	29
2005	—	—	—	—	—	26
2004	—	—	—	—	—	10

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

Financial ratios for 2024

Net profit margin

-1.1 %

Net profit / revenue

Return on equity (ROE)

-6.6 %

Net profit / equity

Return on assets (ROA)

-3.5 %

Net profit / assets

Equity ratio

52.0 %

Equity / assets

Debt ratio

48.0 %

Liabilities / assets

Current ratio

1.25

Current assets / current liabilities

Revenue per employee

1 678 200 €

Revenue / average full-time employees

Labour cost per employee per month

2 309 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2024	1 Jan 2024 – 31 Dec 2024	2 Sep 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	30 Aug 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	31 Oct 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	31 Oct 2023	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	16 Mar 2022	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	7 Oct 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
1	15 044 000 €	Luminor Bank AS	30 Mar 2021 – in force

Board

Aleksejs Kriščuks
Board member · since 28 Apr 2026
Nasdaq CSD SE
Keeper of the share register · since 28 Sep 2017

Right of representation

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

Owners

Omanikukonto: AB NOVATURAS
Legal person · 102 258 €

100%

Beneficial owners

Neşet Koçkar
Indirect ownership · TUR · since 3 Sep 2026

Founders and other persons

Rytis Šumakaris
Founder · 180 000 € · 4 Feb 2004
Grant Thornton Baltic OÜ
Audit firm · 25 Sep 2026

Activities (EMTAK)

79111Travel agency activities Main

Rulings 37

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10077568 / M9 24 Aug 2026	Warning of a fine: annual report not filed	1 Oct 2026	Deficiencies eliminated 6 Oct 2026	PDF
Ä 10077568 / 28 28 Apr 2026	Amendment entry		In force 28 Apr 2026	PDF
Ä 10077568 / M8 27 Apr 2026	Ruling to eliminate deficiencies		Deficiencies eliminated 28 Apr 2026	PDF
Ä 10077568 / 27 10 Nov 2025	Amendment entry		In force 10 Nov 2025	PDF
Ä 10077568 / M7 22 Oct 2025	Ruling to eliminate deficiencies	18 Nov 2025	Deficiencies eliminated 7 Nov 2025	PDF
Ä 10077568 / M6 11 Aug 2025	Warning of a fine: annual report not filed	18 Sep 2025	Deficiencies eliminated 3 Sep 2025	PDF
Ä 10077568 / M5 6 Jul 2024	Warning of a fine: annual report not filed	5 Aug 2024	Deficiencies eliminated 1 Sep 2024	PDF
Ä 10077568 / 26 9 Apr 2024	Amendment entry		In force 9 Apr 2024	PDF
Ä 10077568 / 25 5 Mar 2024	Amendment under Code of Civil Procedure § 595¹ (1)		In force 5 Mar 2024	PDF
Ä 10077568 / 24 2 Jan 2024	Amendment entry		In force 2 Jan 2024	PDF
Ä 10077568 / M4 18 Dec 2023	Ruling to eliminate deficiencies		Deficiencies eliminated 2 Jan 2024	PDF
Ä 10077568 / 23 4 Oct 2023	Amendment entry		In force 4 Oct 2023	PDF
Ä 10077568 / M3 2 Sep 2023	Warning of a fine: annual report not filed	2 Oct 2023	Deficiencies eliminated 1 Nov 2023	PDF
Ä 10077568 / M2 1 Feb 2022	Ruling to eliminate deficiencies	3 Mar 2022	Deficiencies eliminated 1 Feb 2022	PDF
Ä 10077568 / 22 1 Feb 2022	Amendment entry		In force 1 Feb 2022	PDF
Ä 10077568 / 21 15 Sep 2021	Amendment entry		In force 15 Sep 2021	PDF
K 10077568 / 20 30 Mar 2021	Commercial pledge entered		In force 30 Mar 2021	PDF
Ä 10077568 / 19 8 Feb 2019	Amendment entry		In force 8 Feb 2019	PDF
Ä 10077568 / M1 31 Jan 2019	Ruling to eliminate deficiencies	15 Feb 2019	Deficiencies eliminated 31 Jan 2019	PDF
Ä 10077568 / 18 31 Jan 2019	Amendment entry		In force 31 Jan 2019	PDF
Ä 10077568 / 17 29 May 2018	Amendment entry		In force 29 May 2018	PDF
Ä 10077568 / 16 25 May 2018	Amendment entry		In force 25 May 2018	PDF
Ä 10077568 / 15 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10077568 / 14 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10077568 / 13 25 Sep 2017	Amendment entry		In force 25 Sep 2017	PDF
Ä 10077568 / 12 11 Aug 2011	Note on registration of shares in the Estonian central register of securities		In force 11 Aug 2011	PDF
Ä 10077568 / 11 22 Nov 2010	Amendment entry		In force 22 Nov 2010	PDF
Ä 10077568 / 10 9 Sep 2010	Amendment entry		In force 9 Sep 2010	PDF
Ä 77568 / 9 3 Feb 2010	Amendment entry		In force 3 Feb 2010	PDF
Ä 77568 / 8 25 Nov 2009	Amendment entry		In force 25 Nov 2009	PDF
Ä 77568 / 7 14 Apr 2009	Amendment entry		In force 14 Apr 2009	PDF
Ä 77568 / 6 3 Dec 2008	Deletion of activities from the registry card		In force 3 Dec 2008	PDF
Ä 77568 / 5 11 Jul 2008	Amendment entry		In force 11 Jul 2008	PDF
Ä 77568 / 4 17 Mar 2008	Amendment entry		In force 17 Mar 2008	PDF
Ä 77568 / 3 28 Oct 2004	Amendment entry		In force	PDF
Ä 77568 / 2 16 Mar 2004	Amendment entry		In force	PDF
Ä 77568 2 Feb 2004	First entry		In force	PDF

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