Effectual Discovery OÜ

Active Registry code 12190690 OÜ Tallinn Registered 11 Nov 2011
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Effectual Discovery OÜ is a OÜ based in Tallinn, registry code 12190690, status: active. Main activity: Other reservation service and related activities. According to EMTA, turnover for Q3 2026 was €14 310 with 1 employees.

Turnover
14 310 €
↑ 29.9% vs Q2 2026
State taxes
2 275 €
Labour taxes
2 237 €
↑ 0.0% vs Q2 2026
Employees
1
±0 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 14 310 €
    industry median 27 306 € · companies in the industry: 383
  • Labour taxes per employee 2 237 €
    industry median 1 423 € · companies in the industry: 297
  • Revenue · 2025 126 153 €
    industry median 27 722 € · companies in the industry: 819
  • Net profit margin · 2025 0.7 %
    industry median 5.5 % · companies in the industry: 644

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 14 310 € · +29.9% vs Q2 2026 · industry median 27 306 € · above 37% of the industry
020 00040 00060 000Q4 2023 Company: 46 723 € Industry median: 26 839 €Q4·23Q1 2024 Company: 51 421 € Industry median: 23 716 €Q2 2024 Company: 19 162 € Industry median: 25 314 €Q2·24Q3 2024 Company: 10 592 € Industry median: 36 497 €Q4 2024 Company: 10 636 € Industry median: 28 413 €Q4·24Q1 2025 Company: 27 111 € Industry median: 24 705 €Q2 2025 Company: 9 356 € Industry median: 24 720 €Q2·25Q3 2025 Company: 14 958 € Industry median: 31 477 €Q4 2025 Company: 24 553 € Industry median: 26 978 €Q4·25Q1 2026 Company: 18 199 € Industry median: 21 639 €Q2 2026 Company: 11 015 € Industry median: 21 802 €Q2·26Q3 2026 Company: 14 310 € Industry median: 27 306 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 10 636 € Industry median: 28 413 €Q1 2025 Company: 27 111 € Industry median: 24 705 €Q1·25Q2 2025 Company: 9 356 € Industry median: 24 720 €Q3 2025 Company: 14 958 € Industry median: 31 477 €Q3·25Q4 2025 Company: 24 553 € Industry median: 26 978 €Q1 2026 Company: 18 199 € Industry median: 21 639 €Q1·26Q2 2026 Company: 11 015 € Industry median: 21 802 €Q3 2026 Company: 14 310 € Industry median: 27 306 €Q3·26
  • 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: 2 237 € · +0.0% vs Q2 2026 · industry median 1 423 € · above 72% of the industry
01 0002 0003 000Q4 2023 Company: 1 652 € Industry median: 1 192 €Q4·23Q1 2024 Company: 2 154 € Industry median: 1 156 €Q2 2024 Company: 2 148 € Industry median: 1 120 €Q2·24Q3 2024 Company: 2 148 € Industry median: 1 233 €Q4 2024 Company: 2 148 € Industry median: 1 233 €Q4·24Q1 2025 Company: 2 427 € Industry median: 1 385 €Q2 2025 Company: 2 567 € Industry median: 1 376 €Q2·25Q3 2025 Company: 2 567 € Industry median: 1 423 €Q4 2025 Company: 2 567 € Industry median: 1 410 €Q4·25Q1 2026 Company: 2 347 € Industry median: 1 342 €Q2 2026 Company: 2 237 € Industry median: 1 324 €Q2·26Q3 2026 Company: 2 237 € Industry median: 1 423 €Q3·2601 0002 0003 000Q4 2024 Company: 2 148 € Industry median: 1 233 €Q1 2025 Company: 2 427 € Industry median: 1 385 €Q1·25Q2 2025 Company: 2 567 € Industry median: 1 376 €Q3 2025 Company: 2 567 € Industry median: 1 423 €Q3·25Q4 2025 Company: 2 567 € Industry median: 1 410 €Q1 2026 Company: 2 347 € Industry median: 1 342 €Q1·26Q2 2026 Company: 2 237 € Industry median: 1 324 €Q3 2026 Company: 2 237 € Industry median: 1 423 €Q3·26
  • 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: 1 · +0.0% vs Q2 2026
0.00.20.40.60.81.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 2 275 €
01 0002 0003 0004 000Q4 2023 Company: 1 639 €Q4·23Q1 2024 Company: 2 172 €Q2 2024 Company: 2 285 €Q2·24Q3 2024 Company: 2 494 €Q4 2024 Company: 2 339 €Q4·24Q1 2025 Company: 3 531 €Q2 2025 Company: 3 178 €Q2·25Q3 2025 Company: 3 353 €Q4 2025 Company: 1 933 €Q4·25Q1 2026 Company: 780 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 2 275 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 339 €Q1 2025 Company: 3 531 €Q1·25Q2 2025 Company: 3 178 €Q3 2025 Company: 3 353 €Q3·25Q4 2025 Company: 1 933 €Q1 2026 Company: 780 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 2 275 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 14 310 2 275 2 237 1
Q2 2026 11 015 — 2 237 1
Q1 2026 18 199 780 2 347 1
Q4 2025 24 553 1 933 2 567 1
Q3 2025 14 958 3 353 2 567 1
Q2 2025 9 356 3 178 2 567 1
Q1 2025 27 111 3 531 2 427 1
Q4 2024 10 636 2 339 2 148 1
Q3 2024 10 592 2 494 2 148 1
Q2 2024 19 162 2 285 2 148 1
Q1 2024 51 421 2 172 2 154 1
Q4 2023 46 723 1 639 1 652 1
Q3 2023 18 072 3 246 1 652 1
Q2 2023 15 211 3 161 1 652 1
Q1 2023 12 745 2 141 1 652 1
Q4 2022 15 214 2 045 1 652 1
Q3 2022 14 477 2 197 1 652 1
Q2 2022 10 893 1 640 1 652 1
Q1 2022 9 221 1 384 1 432 1
Labour taxes per employee per month
746 €
Turnover per employee in the quarter
14 310 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 126 153 € · +21.4% vs 2024 · industry median 27 722 € · above 70% of the industry
0501001502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 88 139 € Industry median: 28 223 €20192020 Company: 91 599 € Industry median: 6 673 €20202021 Company: 60 664 € Industry median: 8 827 €20212022 Company: 60 820 € Industry median: 16 078 €20222023 Company: 117 132 € Industry median: 20 487 €20232024 Company: 103 935 € Industry median: 26 470 €20242025 Company: 126 153 € Industry median: 27 722 €20250501001502018 Company: — Industry median: —2019 Company: 88 139 € Industry median: 28 223 €20192020 Company: 91 599 € Industry median: 6 673 €2021 Company: 60 664 € Industry median: 8 827 €20212022 Company: 60 820 € Industry median: 16 078 €2023 Company: 117 132 € Industry median: 20 487 €20232024 Company: 103 935 € Industry median: 26 470 €2025 Company: 126 153 € Industry median: 27 722 €2025
  • 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, € 2025: 928 € · +225.6% vs 2024 · industry median 1 194 € · above 48% of the industry
-30 000-20 000-10 000010 00020 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 17 567 € Industry median: 1 022 €20192020 Company: 511 € Industry median: -128 €20202021 Company: -1 578 € Industry median: 42 €20212022 Company: -24 415 € Industry median: 781 €20222023 Company: -4 100 € Industry median: 1 059 €20232024 Company: -739 € Industry median: 994 €20242025 Company: 928 € Industry median: 1 194 €2025-30 000-20 000-10 000010 00020 0002018 Company: — Industry median: —2019 Company: 17 567 € Industry median: 1 022 €20192020 Company: 511 € Industry median: -128 €2021 Company: -1 578 € Industry median: 42 €20212022 Company: -24 415 € Industry median: 781 €2023 Company: -4 100 € Industry median: 1 059 €20232024 Company: -739 € Industry median: 994 €2025 Company: 928 € Industry median: 1 194 €2025
  • 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, % 2025: 0.7 % · +1.4 pp vs the year before · industry median 5.5 % · above 29% of the industry
-60-40-200202016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 19.9 % Industry median: 4.5 %20192020 Company: 0.6 % Industry median: -5.3 %20202021 Company: -2.6 % Industry median: 6.5 %20212022 Company: -40.1 % Industry median: 7.2 %20222023 Company: -3.5 % Industry median: 7.5 %20232024 Company: -0.7 % Industry median: 5.7 %20242025 Company: 0.7 % Industry median: 5.5 %2025-60-40-200202018 Company: — Industry median: —2019 Company: 19.9 % Industry median: 4.5 %20192020 Company: 0.6 % Industry median: -5.3 %2021 Company: -2.6 % Industry median: 6.5 %20212022 Company: -40.1 % Industry median: 7.2 %2023 Company: -3.5 % Industry median: 7.5 %20232024 Company: -0.7 % Industry median: 5.7 %2025 Company: 0.7 % Industry median: 5.5 %2025
  • 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 2025: 103 624 € · −15.4% vs 2024
0501001502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 138 103 €20192020 Company: 105 377 €20202021 Company: 125 020 €20212022 Company: 110 057 €20222023 Company: 130 554 €20232024 Company: 122 528 €20242025 Company: 103 624 €20250501001502018 Company: —2019 Company: 138 103 €20192020 Company: 105 377 €2021 Company: 125 020 €20212022 Company: 110 057 €2023 Company: 130 554 €20232024 Company: 122 528 €2025 Company: 103 624 €2025
Equity, € 2025: 13 076 € · +7.6% vs 2024
010 00020 00030 00040 00050 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 42 469 €20192020 Company: 42 980 €20202021 Company: 41 402 €20212022 Company: 16 987 €20222023 Company: 12 887 €20232024 Company: 12 148 €20242025 Company: 13 076 €2025010 00020 00030 00040 00050 0002018 Company: —2019 Company: 42 469 €20192020 Company: 42 980 €2021 Company: 41 402 €20212022 Company: 16 987 €2023 Company: 12 887 €20232024 Company: 12 148 €2025 Company: 13 076 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.51.01.52.02016 Company: 1 Industry median: —20162017 Company: 1 Industry median: —20172018 Company: 1 Industry median: 220182019 Company: 1 Industry median: 220192020 Company: 1 Industry median: 120202021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 1 Industry median: 120250.00.51.01.52.02018 Company: 1 Industry median: 22019 Company: 1 Industry median: 220192020 Company: 1 Industry median: 12021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 12025 Company: 1 Industry median: 12025
  • 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
2025 126 153 928 24 084 103 624 13 076 1
2024 103 935 -739 20 873 122 528 12 148 1
2023 117 132 -4 100 16 056 130 554 12 887 1
2022 60 820 -24 415 16 056 110 057 16 987 1
2021 60 664 -1 578 9 039 125 020 41 402 1
2020 91 599 511 9 332 105 377 42 980 1
2019 88 139 17 567 9 634 138 103 42 469 1
2018 — — — — — 1
2017 — — — — — 1
2016 — — — — — 1
2015 — — — — — 1
2014 — — — — — 2
2013 — — — — — 1
2012 — — — — — 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
0.7 %
Net profit / revenue
Return on equity (ROE)
7.1 %
Net profit / equity
Return on assets (ROA)
0.9 %
Net profit / assets
Equity ratio
12.6 %
Equity / assets
Debt ratio
87.4 %
Liabilities / assets
Current ratio
1.01
Current assets / current liabilities
Revenue per employee
126 153 €
Revenue / average full-time employees
Labour cost per employee per month
2 007 €
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 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 30 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 15 Apr 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 6 Mar 2020 Company’s own e-Äriregister

Board

  • Janika Vaikjärv
    Board member · since 11 Nov 2011
  • 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

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 79901Other reservation service and related activities Main
  • 69202Bookkeeping, tax consulting
Rulings
Number, date Title Deadline State Document
Ä 10162276 / 9
29 Sep 2020
Amendment under Commercial Code § 525 (2) In force
29 Sep 2020
PDF
Ä 10162276 / 8
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10162276 / 7
2 Dec 2017
Amendment entry In force
2 Dec 2017
PDF
Ä 10162276 / 6
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10162276 / 5
9 Nov 2015
Amendment under Commercial Code § 525 (2) In force
9 Nov 2015
PDF
Ä 10162276 / 4
1 Mar 2012
Note on registration of shares in the Estonian central register of securities In force
1 Mar 2012
PDF
Ä 10162276 / 3
25 Jan 2012
Amendment entry In force
25 Jan 2012
PDF
Ä 10162276 / 2
29 Dec 2011
Amendment entry In force
29 Dec 2011
PDF
Ä 10162276
11 Nov 2011
First entry In force
11 Nov 2011
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data