Osaühing Advance Avenue

Active Registry code 11598029 OÜ Narva linn Registered 9 Mar 2009

Osaühing Advance Avenue is a OÜ based in Narva linn, registry code 11598029, status: active. Main activity: Beverage serving activities. According to EMTA, turnover for Q3 2026 was €17 240 with 3 employees.

Turnover

17 240 €

↓ 21.4% vs Q2 2026

State taxes

6 425 €

↑ 32.0% vs Q2 2026

Labour taxes

5 189 €

↑ 23.0% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Food and beverage service activities · EMTAK 56

Turnover · Q3 2026 17 240 €

above 26% of companies

industry median 48 370 € · companies in the industry: 2 475
Labour taxes per employee 1 730 €

above 75% of companies

industry median 1 201 € · companies in the industry: 2 187
Revenue · 2025 188 619 €

above 72% of companies

industry median 47 451 € · companies in the industry: 3 568
Net profit margin · 2025 -7.5 %

above 18% of companies

industry median 1.1 % · companies in the industry: 2 875

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 17 240 € · −21.4% vs Q2 2026 · industry median 48 370 € · above 26% of the industry

Company
Industry median

Industry: Food and beverage service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 730 € · +23.0% vs Q2 2026 · industry median 1 201 € · above 75% of the industry

Company
Industry median

Industry: Food and beverage service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 3 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 6 425 € · +32.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	17 240	6 425	5 189	3
Q2 2026	21 939	4 868	4 217	3
Q1 2026	36 412	8 999	6 454	5
Q4 2025	35 961	7 615	4 445	5
Q3 2025	45 144	9 207	5 949	5
Q2 2025	45 392	8 204	5 105	5
Q1 2025	48 366	11 269	7 525	7
Q4 2024	49 372	10 258	7 083	7
Q3 2024	57 978	11 662	7 427	9
Q2 2024	59 289	11 983	5 846	9
Q1 2024	79 809	14 138	6 161	9
Q4 2023	78 832	12 824	4 900	9
Q3 2023	81 158	11 100	5 850	9
Q2 2023	63 951	11 758	6 292	9
Q1 2023	64 074	14 653	7 234	8
Q4 2022	65 422	14 007	4 854	8
Q3 2022	64 766	9 036	4 541	10
Q2 2022	60 791	4 480	3 156	8
Q1 2022	15 826	4 869	3 044	8

Labour taxes per employee per month

577 €

Turnover per employee in the quarter

5 747 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 188 619 € · −20.0% vs 2024 · industry median 47 451 € · above 72% of the industry

Company
Industry median

Industry: Food and beverage service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -14 192 € · −272.2% vs 2024 · industry median 68 € · above 9% of the industry

Company
Industry median

Industry: Food and beverage service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -7.5 % · −11.0 pp vs the year before · industry median 1.1 % · above 18% of the industry

Company
Industry median

Industry: Food and beverage service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 61 422 € · −20.8% vs 2024

Equity, € 2025: 41 528 € · −25.5% vs 2024

Employees 2025: 4 · −42.9% vs 2024 · industry median 3 · above 55% of the industry

Company
Industry median

Industry: Food and beverage service 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	188 619	-14 192	72 278	61 422	41 528	4
2024	235 909	8 242	97 788	77 594	55 720	7
2023	297 095	10 930	86 683	71 621	47 478	9
2022	222 017	7 987	57 880	55 395	36 548	7
2021	118 032	4 177	29 808	49 293	28 561	4
2020	131 312	-3 821	39 803	37 567	24 384	6
2019	261 678	8 558	75 714	61 525	28 205	11
2018	—	—	—	—	—	11
2017	—	—	—	—	—	11
2016	—	—	—	—	—	13
2015	—	—	—	—	—	13
2014	—	—	—	—	—	8
2013	—	—	—	—	—	4
2012	—	—	—	—	—	3
2011	—	—	—	—	—	2
2010	—	—	—	—	—	2
2009	—	—	—	—	—	3

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

-7.5 %

Net profit / revenue

Return on equity (ROE)

-34.2 %

Net profit / equity

Return on assets (ROA)

-23.1 %

Net profit / assets

Equity ratio

67.6 %

Equity / assets

Debt ratio

32.4 %

Liabilities / assets

Current ratio

1.89

Current assets / current liabilities

Revenue per employee

47 155 €

Revenue / average full-time employees

Labour cost per employee per month

1 506 €

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	28 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	18 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	29 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	29 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	27 Aug 2020	Company’s own	e-Äriregister

Board

Vladimir Tšerdakov
Board member · since 9 Mar 2009
Svetlana Tšerdakova
Board member · since 8 Aug 2014

Right of representation

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

Owners

Vladimir Tšerdakov
Natural person · 40 000 €

100%

Beneficial owners

Svetlana Tšerdakova
Direct ownership · since 31 Oct 2018
Vladimir Tšerdakov
Direct ownership · since 31 Oct 2018

Founders and other persons

Vladimir Tšerdakov
Founder · 40 000 € · 6 Mar 2009

Activities (EMTAK)

56301Beverage serving activities Main
56221Contract catering service activities and other food service activities
90399Other support activities to arts and performing arts, except technical

Rulings 7

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 40022818 / 6 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 40022818 / 5 2 Mar 2021	Amendment under Commercial Code § 525 (2)		In force 2 Mar 2021	PDF
Ä 40022818 / M1 18 May 2020	Procedural ruling	28 May 2020	Deficiencies eliminated 20 May 2020	PDF
Ä 40022818 / 4 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 40022818 / 3 5 Dec 2017	Amendment entry		In force 5 Dec 2017	PDF
Ä 40022818 / 2 8 Aug 2014	Amendment entry		In force 8 Aug 2014	PDF
Ä 22818 9 Mar 2009	First entry		In force 9 Mar 2009	PDF

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