Economy Hotel OÜ
Active Registry code 11898470
OÜ Tallinn Registered 22 Feb 2010
Economy Hotel OÜ is a OÜ based in Tallinn, registry code 11898470, status: active. Main activity: Hotels. According to EMTA, turnover for Q3 2026 was €150 748 with 10 employees.
Turnover
150 748 €
↑ 119.8% vs Q2 2026
State taxes
25 550 €
↑ 80.7% vs Q2 2026
Labour taxes
16 862 €
↑ 35.2% vs Q2 2026
Employees
10
−2 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 150 748 €above 86% of companiesindustry median 14 443 € · companies in the industry: 1 209
- Labour taxes per employee 1 686 €above 73% of companiesindustry median 1 201 € · companies in the industry: 655
- Revenue · 2025 241 461 €above 91% of companiesindustry median 12 949 € · companies in the industry: 2 211
- Net profit margin · 2025 -21.0 %above 21% 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 | 150 748 | 25 550 | 16 862 | 10 |
| Q2 2026 | 68 585 | 14 143 | 12 476 | 12 |
| Q1 2026 | 44 670 | 16 849 | 18 180 | 9 |
| Q4 2025 | 50 014 | 17 735 | 18 506 | 9 |
| Q3 2025 | 156 237 | 28 709 | 19 927 | 10 |
| Q2 2025 | 63 113 | 10 845 | 9 856 | 9 |
| Q1 2025 | 30 405 | 11 817 | 12 443 | 6 |
| Q4 2024 | 50 396 | 11 878 | 11 345 | 6 |
| Q3 2024 | 148 843 | 19 928 | 13 229 | 7 |
| Q2 2024 | 51 279 | 7 997 | 7 367 | 8 |
| Q1 2024 | 28 661 | 4 443 | 5 799 | 4 |
| Q4 2023 | 39 986 | 8 950 | 9 862 | 5 |
| Q3 2023 | 122 796 | 16 335 | 13 320 | 6 |
| Q2 2023 | 42 932 | 9 083 | 9 963 | 9 |
| Q1 2023 | 19 994 | 10 621 | 11 509 | 8 |
| Q4 2022 | 66 654 | 9 745 | 11 325 | 8 |
| Q3 2022 | 139 321 | 16 679 | 11 145 | 9 |
| Q2 2022 | 101 597 | 8 856 | 7 769 | 6 |
| Q1 2022 | 21 174 | 5 018 | 5 352 | 6 |
Labour taxes per employee per month
562 €
Turnover per employee in the quarter
15 075 €
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 | 241 461 | -50 634 | 175 591 | 152 097 | 105 892 | 6 |
| 2024 | 241 461 | 14 070 | 123 561 | 190 939 | 156 526 | 6 |
| 2023 | 201 945 | -42 415 | 109 100 | 160 709 | 142 456 | 5 |
| 2022 | 284 124 | 19 522 | 112 586 | 225 313 | 184 871 | 5 |
| 2021 | 73 607 | -35 634 | 41 679 | 205 259 | 165 348 | 2 |
| 2020 | 74 846 | -22 468 | 104 729 | 228 135 | 200 982 | 7 |
| 2019 | 431 486 | 29 810 | 191 748 | 294 087 | 223 450 | 10 |
| 2018 | — | — | — | — | — | 10 |
| 2017 | — | — | — | — | — | 11 |
| 2016 | — | — | — | — | — | 11 |
| 2015 | — | — | — | — | — | 11 |
| 2014 | — | — | — | — | — | 10 |
| 2013 | — | — | — | — | — | 10 |
| 2012 | — | — | — | — | — | 10 |
| 2011 | — | — | — | — | — | 7 |
| 2010 | — | — | — | — | — | 7 |
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
-18.9 %
Net profit / revenue
Return on equity (ROE)
-47.8 %
Net profit / equity
Return on assets (ROA)
-33.3 %
Net profit / assets
Equity ratio
69.6 %
Equity / assets
Debt ratio
30.4 %
Liabilities / assets
Current ratio
2.94
Current assets / current liabilities
Revenue per employee
44 709 €
Revenue / average full-time employees
Labour cost per employee per month
2 439 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Jun 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Jun 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 1 Jul 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 | 27 Jun 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 2 Nov 2020 | Company’s own | e-Äriregister |
Board
- Kaimo KaasikBoard member · since 26 Oct 2017
- Marge HiirBoard member · since 26 Apr 2019
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Kaimo KaasikNatural person · 2 556 €
Beneficial owners
- Kaimo KaasikDirect ownership · since 30 Oct 2018
Founders and other persons
No other persons.
Related companies
Activities (EMTAK)
- 55101Hotels Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 40027062 / 16 28 Feb 2026 |
Amendment entry | In force 28 Feb 2026 |
||
| Ä 40027062 / 15 27 Jun 2024 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 27 Jun 2024 |
||
| Ä 40027062 / 14 2 Sep 2023 |
Amendment entry | In force 2 Sep 2023 |
||
| Ä 40027062 / 13 26 Apr 2019 |
Amendment entry | In force 26 Apr 2019 |
||
| Ä 40027062 / 12 2 Jul 2018 |
Amendment entry | In force 2 Jul 2018 |
||
| Ä 40027062 / 11 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 40027062 / 10 1 Dec 2017 |
Amendment entry | In force 1 Dec 2017 |
||
| Ä 40027062 / 9 26 Oct 2017 |
Amendment entry | In force 26 Oct 2017 |
||
| Ä 40027062 / 8 16 Sep 2016 |
Amendment entry | In force 16 Sep 2016 |
||
| Ä 40027062 / 7 2 Mar 2015 |
Amendment entry | In force 2 Mar 2015 |
||
| Ä 40027062 / 6 20 Jul 2011 |
Amendment entry | In force 20 Jul 2011 |
||
| Ä 40027062 / M1 14 Jul 2011 |
Ruling to eliminate deficiencies | Deficiencies eliminated 19 Jul 2011 |
||
| Ä 40027062 / 5 14 Apr 2010 |
Amendment entry | In force 14 Apr 2010 |
||
| Ä 40027062 / 4 26 Mar 2010 |
Note on closing the former card of a transformed company | In force 26 Mar 2010 |
||
| Ä 40027062 / 3 26 Mar 2010 |
Second (constitutive) transformation entry | In force 26 Mar 2010 |
||
| Ä 40027062 / 2 26 Mar 2010 |
First (declaratory) transformation entry | In force 26 Mar 2010 |
||
| Ä 40027062 22 Feb 2010 |
First entry | In force 22 Feb 2010 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data