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TURF OÜ

Employees and salaries
The average salary decreased by 145 EUR - 1170 EUR in the 1st quarter,

Average salary in I quarter 2025

1,170 â‚¬

Decreased 145 â‚¬ by
compared to previous quarter

Prognosis turnover 2025 per employee

76,855 â‚¬

Increased
by 6 % compared to the last year

Prognosis profit 2025 per employee

5,730 â‚¬

Profit margin 7.5 %
increases by 5.5 %

Employee count in I quarter 2025

9

Compared to the previous quarter
the number of employees has not changed

Labor taxes paid in I quarter 2025

15,017 â‚¬

Decreased 2,277 â‚¬ by
compared to previous quarter

Key persons

Ivo Kirss

Reputation scores: 3960



TORNIMÄE HOTELL OÜ

Goodwill
EUR202320242025 Trend
Goodwill31 984 318 â‚¬33 153 142 â‚¬33 570 228 â‚¬
Goodwill---

TORNIMÄE HOTELL OÜ

Taxes paid and estimated average salaries
2022202320242025
National taxes394,818 â‚¬419,270 â‚¬404,492 â‚¬122,861 â‚¬
Labor taxes----
Average gross salary----

TORNIMÄE HOTELL OÜ

Quarterly indicators
QuarterTurnoverTaxed turnoverLabour productivityLabour productivityEmployeesNational taxesLabor taxes
2025 I* 794,854 â‚¬785,817 â‚¬ ---122,861 â‚¬-
2024 IV* 620,650 â‚¬613,594 â‚¬ ---94,905 â‚¬-
2024 III* 670,763 â‚¬663,137 â‚¬ ---109,300 â‚¬-
2024 II* 585,389 â‚¬578,733 â‚¬ ---87,682 â‚¬-
2024 I* 808,713 â‚¬799,519 â‚¬ ---112,606 â‚¬-
2023 IV* 801,233 â‚¬795,065 â‚¬ ---132,904 â‚¬-
2023 III* 620,854 â‚¬616,074 â‚¬ ---90,321 â‚¬-
2023 II* 606,732 â‚¬602,061 â‚¬ ---80,814 â‚¬-
2023 I* 849,123 â‚¬842,587 â‚¬ ---115,231 â‚¬-
2022 IV* 784,200 â‚¬750,570 â‚¬ ---113,093 â‚¬-
2022 III* 749,516 â‚¬717,373 â‚¬ ---103,826 â‚¬-
2022 II* 747,686 â‚¬715,621 â‚¬ ---100,231 â‚¬-
2022 I* 522,154 â‚¬499,761 â‚¬ ---77,669 â‚¬-
2021 IV* 334,324 â‚¬308,426 â‚¬ ---59,560 â‚¬-
2021 III* 317,655 â‚¬293,048 â‚¬ ---39,213 â‚¬-
2021 II* 314,737 â‚¬290,356 â‚¬ ---40,715 â‚¬-
2021 I* 354,356 â‚¬326,906 â‚¬ ---56,370 â‚¬-
2020 IV* 253,594 â‚¬295,137 â‚¬ ---55,103 â‚¬-
2020 III* 241,204 â‚¬280,717 â‚¬ ---32,348 â‚¬-
2020 II* 291,167 â‚¬338,865 â‚¬ ---34,495 â‚¬-
2020 I* 624,810 â‚¬727,163 â‚¬ ---113,729 â‚¬-
2019 IV* 811,624 â‚¬814,020 â‚¬ ---138,907 â‚¬-
2019 III* 763,862 â‚¬766,117 â‚¬ ---125,931 â‚¬-
2019 II* 572,307 â‚¬573,996 â‚¬ ---86,795 â‚¬-
2019 I* 749,615 â‚¬751,827 â‚¬ ---94,018 â‚¬-
2018 IV* 822,079 â‚¬845,773 â‚¬ ---151,680 â‚¬-
2018 III* 781,436 â‚¬803,958 â‚¬ ---131,711 â‚¬-
2018 II* 657,728 â‚¬676,686 â‚¬ ---117,461 â‚¬-
2018 I* 806,044 â‚¬829,276 â‚¬ ---127,356 â‚¬-
2017 IV* 921,493 â‚¬890,975 â‚¬ ---164,705 â‚¬-
2017 III* 841,155 â‚¬813,298 â‚¬ ---135,531 â‚¬-
2017 II* 604,832 â‚¬584,801 â‚¬ ---83,319 â‚¬-
2017 I* 739,927 â‚¬715,422 â‚¬ ---123,598 â‚¬-
2016 IV* 647,635 â‚¬- ---138,637 â‚¬-
2016 III* 654,469 â‚¬- ---140,100 â‚¬-
2016 II* 1,146,038 â‚¬- ---245,329 â‚¬-
2016 I* 441,764 â‚¬- ---94,567 â‚¬-
2015 IV* 563,163 â‚¬- ---94,516 â‚¬-
2015 III* 473,699 â‚¬- ---79,501 â‚¬-
2015 II* 1,470,532 â‚¬- ---246,800 â‚¬-
2015 I* 559,278 â‚¬- ---93,864 â‚¬-

TORNIMÄE HOTELL OÜ

Sales revenue by business area

revenue

Field of activityEMTAK codeSales revenue (2023)Sales revenue %
Real Estate Rental682012 877 941 â‚¬100,00

TORNIMÄE HOTELL OÜ

Sales revenue by country
Turnover EUR20232024 prognosis2025 prognosis Trend
Total sales2 877 941 â‚¬2 685 515 â‚¬3 179 417 â‚¬
Estonia2 877 941 â‚¬2 685 515 â‚¬3 179 417 â‚¬

TORNIMÄE HOTELL OÜ

Financial indicators and prognosis
Financial indicators20232024
Prognosis
2025
Prognosis
Trend
TURNOVER2 877 941 â‚¬2 685 515 â‚¬3 179 417 â‚¬
Estonia2 877 941 â‚¬2 685 515 â‚¬3 179 417 â‚¬
Other countries---
    
INTEREST INCOME2148 â‚¬--
OTHER BUSINESS INCOME---
TURNOVER IN RELATED COMPANY---
    
AVERAGE MONTHLY TURNOVER239 828 â‚¬223 792 â‚¬264 951 â‚¬
Available credit (credit limit)--61 200 â‚¬
Settlement dates--30 â‚¬
RECEIVED GRANTS €---
TENDERS WON €---
    
ASSETS37 029 956 â‚¬36 207 730 â‚¬40 026 705 â‚¬
Current assets421 566 â‚¬412 205 â‚¬455 682 â‚¬
Fixed assets36 608 390 â‚¬35 795 524 â‚¬39 571 023 â‚¬
    
LIABILITIES21 037 797 â‚¬19 631 159 â‚¬23 241 590 â‚¬
Short-term liabilities21 037 797 â‚¬19 631 159 â‚¬23 241 590 â‚¬
Long-term liabilities---
    
EQUITY15 992 159 â‚¬16 576 571 â‚¬17 369 527 â‚¬
Share-(equity capital)2620 â‚¬2620 â‚¬2620 â‚¬
Retained profits15 285 846 â‚¬15 989 539 â‚¬16 573 951 â‚¬
Net profit703 693 â‚¬584 412 â‚¬792 956 â‚¬
    
NET WORKING CAPITAL−20 616 231 â‚¬âˆ’19 218 954 â‚¬âˆ’22 785 908 â‚¬
    
NUMBER OF EMPLOYEES---

TORNIMÄE HOTELL OÜ

Financial raiting: "GOOD" (2025 prognosis)
Multipliers and income levels2024
prognosis
2025
prognosis
Trend
LIQUIDITY  
Net Working capital-19 218 954-22 785 908
Short-term debt coverage ratio (X)0,020,02
EFFECTIVENESS  
Debt to assets ratio (X)0,540,58
Capitalisation multiplier (X)––
USE OF LOAN CAPITAL  
Turnover ratio of fixed assets (X)0,080,08
PROFITABILITY  
Sales revenues (%)21,7624,94
Total asset revenues (%)1,611,98
Equity revenues (%)3,534,72
2025 prognosis
LIQUIDITY
?
Net Working capital
3
Short-term debt coverage ratio
1
USE OF LOAN CAPITAL
?
Turnover ratio of fixed assets (X)
3
EFFECTIVENESS
?
Debt to assets ratio (X)
5
Capitalisation multiplier (X)
5
PROFITABILITY
?
Sales revenues (%)
5
Total asset revenues (%)
4
Equity revenues (%)
4
Unsatisfactory
1
2
3
4
5
Very good

TORNIMÄE HOTELL OÜ

Real estate as of 14.04.2025

Active real estate

igon Tornimäe tn 3b, Kesklinna linnaosa, Tallinn, Harju maakond

Unactive real estate

igon Tornimäe tn 5, Tallinna linn, Harjumaa
igon Tornimäe tn 5, Kesklinna linnaosa, Tallinn, Harju maakond

TORNIMÄE HOTELL OÜ

Annual reports
Year Period Submitted Report PDF
2023 01.01.2023–31.12.2023 30.06.2024 Download
2022 01.01.2022–31.12.2022 30.06.2023 Download
2021 01.01.2021–31.12.2021 30.06.2022 Download
2020 01.01.2020–31.12.2020 30.06.2021 Download
2019 01.01.2019–31.12.2019 30.06.2020 Download
2018 01.01.2018–31.12.2018 28.06.2019 Download
2017 01.01.2017–31.12.2017 29.06.2018 Download
2016 01.01.2016–31.12.2016 29.06.2017 Download
2015 01.01.2015–31.12.2015 29.06.2016 Download
2014 01.01.2014–31.12.2014 29.06.2015 Download
2013 01.01.2013–31.12.2013 30.06.2014 Download
2012 01.01.2012–31.12.2012 27.06.2013 Download
2011 01.01.2011–31.12.2011 26.06.2012 Download
2010 01.01.2010–31.12.2010 28.04.2011 Download
2009 01.01.2009–31.12.2009 21.06.2010 Download
2008 01.01.2008–31.12.2008 17.06.2009 Download
2007 01.01.2007–31.12.2007 18.06.2008 Download
2006 01.01.2006–31.12.2006 10.04.2007 Download
2005 01.01.2005–31.12.2005 11.04.2006 Download
2004 01.01.2004–31.12.2004 14.04.2005 Download

TORNIMÄE HOTELL OÜ

Networks - Beneficiaries
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TORNIMÄE HOTELL OÜ

Received grants
?
Logo

Konverentsikeskuse arendamine 2.0100.06-0917

01.01.2004
Amount received: 3,068 â‚¬ Amount of grants: 3,068 â‚¬
Grantor:ETTEVÕTLUSE ARENDAMISE SA
Location:Harju maakond
Percentage:0
Measure:
Beginning:01.01.2004
Ending:31.12.2006
Grant payer:
Fund:ERDF

Logo

Tornimäe konverentsikeskuse arendamine 2.0400.06-0103

01.01.2004
Amount received: 2,490,929 â‚¬ Amount of grants: 2,492,503 â‚¬
Grantor:ETTEVÕTLUSE ARENDAMISE SA
Location:Harju maakond
Percentage:0
Measure:
Beginning:01.01.2004
Ending:31.12.2006
Grant payer:
Fund:ERDF

TORNIMÄE HOTELL OÜ

Won procurements
?

Won procurements MISSING

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