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In the third quarter of 2022, TARTU 2024 SA team consisted of 26 employees, who were paid an estimated average gross salary of 2 070 EUR / month.

TARTU 2024 SA: Wage rally

In the third quarter of 2022, TARTU 2024 SA team consisted of 26 employees, who were paid an estimated average gross salary of 2 070 EUR / month.

Comparsion with the previous quarter

Compared to the second quarter the teams size did not change.

Summary of the year

Each year, an employee receives an average salary of 2 008 EUR per month and a turnover of an average of 5 533 EUR for the company. Labor costs are an average of 50% of turnover.

Wage rally

The company would probably have enough funds to increase the payroll, because in the last declared financial year (2021) the company ended with a profit, which could increase the salary of each employee by a maximum of 1 786 EUR / month (total salary fund) and in that case the company would close its financial year with a similar profit of 21 433 EUR.

Comparsion with the sectoral average

TARTU 2024 SA operates in the sector ARTS, ENTERTAINMENT AND RECREATION, where the average monthly salary is 1 013 EUR. In Tartu, where the company operates, the average monthly salary is 1 169 EUR. *

* The average wage is calculated according to the data of the Tax and Customs Board according to the calculation of labor taxes paid in the last 4 quarters (companies that pay wages below the minimum wage or do not pay labor taxes at all are excluded).

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TARTU 2024 SA: Success story

TARTU 2024 SA started almost 4 years ago when board member E. K. founded the company, was new to business with no prior experience.
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TARTU 2024 SA started almost 4 years ago when board member E. K. founded the company, was new to business with no prior experience.

TARTU 2024 SA's field is performing arts. According to data from 2022, 145 more companies are active in the same field (NACE 9001), employing altogether 585 people and the field has an estimated turnover of around 9.1 million euros in 2022.

TARTU 2024 SA - Assets and Finances 2020

  • Productivity per employee: 6 789€
  • Gross margin: 5%
  • No of employees: up by 14
Location

Company's legal address is Tartu maakond, Tartu linn, Tartu linn, Raekoja plats 6.

Market share

TARTU 2024 SA is a company with a 0% market share of the overall turnover in its field in 2019. In the last four years the venture has earned a profit of 616 thousand euros, with a gross turnover of 2,51 million euros.

Top 3 in the Field (2020)

Performing arts


Companies with the strongest profits, Low Credit Score and Risk Assessment at ’Reliable’:

TARTU 2024 SA board members

Board member K. L.

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K. L. started business activities already 22 years ago, being 31 years old. K. L. has in total managed 18 companies of which he currently is a board member in 5 companies. 4 of those have active economic activity (incl.VAT payers).

K. L. has operated or is operating in the fields of:

1. Performing arts (2020 gross turnover 786 175 €, 2021 estimated gross turnover 0 €, 2020 4 quarter's labor taxes 89 226 €, Total employees 26 people and Total fixed assets 0 €)

2. Activities of sports clubs (2020 gross turnover 343 945 €, 2021 estimated gross turnover 171 800 €, 2020 4 quarter's labor taxes 2 298 €, Total employees 6 people and Total fixed assets 0 €)

3. Other professional, scientific and technical activities n.e.c. (2020 gross turnover 19 056 €, 2021 estimated gross turnover 31 238 €, 2020 4 quarter's labor taxes 0 €, Total employees 0 people and Total fixed assets 5 556 €)

4. Activities of holding companies

5. Buying and selling of own real estate

6. Business and other management consultancy activities

7. Manufacture of ice cream

8. Other research and experimental development on natural sciences and engineering

9. Manufacture of bakery and farinaceous products

10. Wholesale of grain, unmanufactured tobacco, seeds and animal feeds

Business area2020 turnover2021 estimated turnoverLabor taxesStaffFixed assets
1. Performing arts786 175 €0 €89 226 €260 €
2. Activities of sports clubs343 945 €171 800 €2 298 €60 €
3. Other professional, scientific and technical activities n.e.c.19 056 €31 238 €0 €05 556 €

K. L.

General data

Active in business almost 23 years

Companies led: 18

At 2022 leader of 5 companies. 4 of those have active economic activity.

Assets and Finances 2020 (all related companies)

Labor taxes of active companies: 10 511 €

Total turnover: 1 149 176 €

Total profits: 315 148 €

Total number of employees: 6

The biggest payroll:PÕLVA KÄSIPALLIKLUBI MTÜ

Total estimated turnover in 2019: 203 039 €

Most successful company led by K. L. is PREMIA TALLINNA KÜLMHOONE AS, active in the field of Manufacture of ice cream. This company is led by 1 board member, who employ 189 employees and have turnover of 61.05 million (2021 y. estimation). K. L. was a board member in this company 10 years ago, leading the company for about 8 years. Last time K. L. left a company was 4 years ago from EESTI PASSIIVMAJALIIT MTÜ, having led the company for 8 years. Status of the company is has been removed from business registry.

K. L. is the board member in PRFOODS AS, which operates in the field: Activities of holding companies. PRFOODS AS company's year 2020 monthly turnover on average was 12167.PRFOODS AS company's year 2020 monthly turnover on average was 12167.

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