Marabu Airlines OÜ
Active Registry code 16621081
OÜ Tallinn Registered 25 Nov 2022
Marabu Airlines OÜ is a OÜ based in Tallinn, registry code 16621081, status: active. Main activity: Passenger air transport. According to EMTA, turnover for Q3 2026 was €91 699 071 with 172 employees.
Turnover
91 699 071 €
↑ 40.5% vs Q2 2026
State taxes
1 819 702 €
↑ 1.8% vs Q2 2026
Labour taxes
1 884 546 €
↑ 1.6% vs Q2 2026
Employees
172
−5 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 91.7 mn €above 98% of companiesindustry median 34 626 € · companies in the industry: 35
- Labour taxes per employee 10 957 €above 98% of companiesindustry median 3 583 € · companies in the industry: 16
- Revenue · 2025 216.2 mn €above 98% of companiesindustry median 37 998 € · companies in the industry: 43
- Net profit margin · 2025 -18.7 %above 25% of companiesindustry median 2.5 % · companies in the industry: 34
Taxes and turnover
- Company
- Industry median
Industry: Air transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Air transport (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 | 91 699 071 | 1 819 702 | 1 884 546 | 172 |
| Q2 2026 | 65 280 375 | 1 788 145 | 1 854 683 | 177 |
| Q1 2026 | 39 198 720 | 2 052 834 | 2 122 467 | 184 |
| Q4 2025 | 92 027 793 | 1 733 411 | 1 791 723 | 195 |
| Q3 2025 | 91 855 306 | 1 698 211 | 1 748 249 | 193 |
| Q2 2025 | 56 189 280 | 1 607 631 | 1 648 192 | 196 |
| Q1 2025 | 21 223 737 | 1 433 537 | 1 449 842 | 194 |
| Q4 2024 | 74 163 711 | 828 456 | 849 260 | 169 |
| Q3 2024 | 73 945 792 | 675 136 | 695 332 | 153 |
| Q2 2024 | 54 562 658 | 473 115 | 490 864 | 143 |
| Q1 2024 | 25 787 289 | 337 764 | 339 477 | 66 |
| Q4 2023 | 38 499 508 | 253 229 | 241 174 | 48 |
| Q3 2023 | 70 543 075 | 180 838 | 168 781 | 18 |
| Q2 2023 | 20 519 631 | 142 926 | 145 449 | 12 |
| Q1 2023 | 105 771 | 24 182 | 25 317 | 8 |
| Q4 2022 | — | — | — | 4 |
Labour taxes per employee per month
3 652 €
Turnover per employee in the quarter
533 134 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Air transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Air transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Air transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Air transport (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 | 216 188 556 | -40 339 000 | 22 931 000 | 54 667 000 | -36 379 000 | 345 |
| 2024 | 177 146 956 | -40 370 000 | 7 012 000 | 48 018 000 | -92 172 000 | 104 |
| 2023 | 84 893 925 | -51 805 000 | 1 268 000 | 30 913 000 | -51 802 000 | 18 |
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
-18.7 %
Net profit / revenue
Return on assets (ROA)
-73.8 %
Net profit / assets
Equity ratio
-66.5 %
Equity / assets
Debt ratio
166.5 %
Liabilities / assets
Current ratio
0.62
Current assets / current liabilities
Revenue per employee
626 635 €
Revenue / average full-time employees
Labour cost per employee per month
5 539 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Oct 2024 – 30 Sep 2025 | 29 Jul 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Oct 2023 – 30 Sep 2024 | 1 Apr 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 25 Nov 2022 – 30 Sep 2023 | 19 Jun 2024 | Company’s own · audited | e-Äriregister |
Board
- Paul FabianBoard member · since 2 Oct 2024
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- CD Ferienflug Hessen Holding GmbHLegal person · 2 700 €
Beneficial owners
- Kevin Michael ButlerMember of a senior management body (management or supervisory board) · IRL · since 9 Jun 2025
- Padraic DohertyMember of a senior management body (management or supervisory board) · IRL · since 22 Dec 2022
- Rory ConwayMember of a senior management body (management or supervisory board) · IRL · since 22 Dec 2022
Founders and other persons
- CD Ferienflug Hessen Holding GmbHFounder · 2 700 € · 16 Nov 2022
Activities (EMTAK)
- 51101Passenger air transport Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50215910 / M5 5 Oct 2026 |
Procedural ruling | In force 5 Oct 2026 |
||
| Ä 50215910 / 12 15 May 2026 |
Amendment entry | In force 15 May 2026 |
||
| Ä 50215910 / M4 14 May 2026 |
Ruling to eliminate deficiencies | 29 May 2026 | Deficiencies eliminated 15 May 2026 |
|
| Ä 50215910 / M3 8 Apr 2026 |
Warning of a fine: annual report not filed | 8 May 2026 | Deficiencies eliminated 29 Jul 2026 |
|
| Ä 50215910 / 11 4 Feb 2026 |
Amendment entry | In force 4 Feb 2026 |
||
| Ä 50215910 / 10 15 Apr 2025 |
Amendment entry | In force 15 Apr 2025 |
||
| Ä 50215910 / 9 2 Oct 2024 |
Amendment entry | In force 2 Oct 2024 |
||
| Ä 50215910 / M2 12 Apr 2024 |
Warning of a fine: annual report not filed | 12 May 2024 | Deficiencies eliminated 22 Jun 2024 |
|
| Ä 50215910 / 8 2 Apr 2024 |
Amendment entry | In force 2 Apr 2024 |
||
| Ä 50215910 / M1 1 Apr 2024 |
Ruling to eliminate deficiencies | 21 Apr 2024 | Deficiencies eliminated 2 Apr 2024 |
|
| Ä 50215910 / 7 19 Sep 2023 |
Amendment entry | In force 19 Sep 2023 |
||
| Ä 50215910 / 6 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 50215910 / 5 17 Aug 2023 |
Amendment entry | In force 17 Aug 2023 |
||
| Ä 50215910 / 4 13 Jul 2023 |
Amendment entry | In force 13 Jul 2023 |
||
| Ä 50215910 / 3 21 Feb 2023 |
Amendment entry | In force 21 Feb 2023 |
||
| Ä 50215910 / 2 15 Dec 2022 |
Amendment entry | In force 15 Dec 2022 |
||
| Ä 50215910 25 Nov 2022 |
First entry | In force 25 Nov 2022 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data