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Downtown Development OÜ

RegisteredPrivate limited company (OÜ)Registry code 12820748

Key factsKesklinna linnaosa, Retail sale of clothing
Registry code
12820748
VAT number
EE101784364
Registered
23 Mar 2015
Address
Harju maakond, Tallinn, Kesklinna linnaosa, Vana-Posti tn 8Harju maakondTallinnKesklinna linnaosa
Base map and address location: Estonian Land and Spatial Development Board
Main activity
Retail sale of clothingEMTAK 47711
Capital
€2,500
Financial year ends
31.12
Open in the business register

Charts

Revenue and net profit

From the annual reports (RIK).

Profit margin

From the annual reports (RIK).

Balance sheet structure

Equity and liabilities add up to total assets. From the annual reports.

Turnover and employees by quarter

Tax board quarterly data, last 12 quarters.

Annual report figures

Unconsolidated reports, amounts in euros. Employees are the annual average in full-time equivalents (FTE).

Download CSV
2025202420232022202120202019
Income statement
Revenue€210,346
−14%
€245,430
−18%
€299,233
+4.5%
€286,270
+9.7%
€260,864
−6.7%
€279,514
+15%
€243,098
Operating profit−€36,101−€19,303€11,084€21,999€32,182−€4,669−€94,405
Net profit−€36,101
−87%
−€19,285
−273%
€11,142
−34%
€17,005
−47%
€32,185
+789%
−€4,669
−151%
€9,095
Profit margin−17%−7.9%3.7%5.9%12%−1.7%3.7%
Labour costs€44,023€51,681€55,122€34,158€34,767€34,786€54,997
Balance sheet
Total assets€105,059
−47%
€199,561
−2.2%
€203,981
+22%
€166,921
−12%
€189,604
+36%
€139,146
−9.1%
€152,990
Current assets€105,059€199,561€203,981€166,921€189,604€139,146€152,990
Cash€17,734€38,786€49,576€32,144€89,070€14,989€50,788
Current liabilities€48,822€101,223€90,358€64,440€24,118€5,780€14,955
Non-current liabilities€48,000€54,000€50,000€50,000€100,000€100,000€100,000
Equity€8,237
−81%
€44,338
−30%
€63,623
+21%
€52,481
−20%
€65,486
+96%
€33,366
−12%
€38,035
Ratios and staff
Current ratio2.151.972.262.597.8624.0710.23
Employees (FTE)1222334
Revenue per employee€210,346€122,715€149,617€143,135€86,955€93,171€60,775

Tax board quarterly data

Taxes paid during the quarter, turnover from VAT returns and head count on the last day of the quarter.

QuarterTurnoverState taxesLabour taxesEmployeesAverage salary (estimate)
2026 Q2€95,121€4,704€2,3381€1,593
2026 Q1€44,390€9,229€2,3381€1,593
2025 Q4€58,164€16,837€5,1901€2,952
2025 Q3€55,989€15,775€5,4662€1,671
2025 Q2€69,837€12,451€5,0093€1,195
2025 Q1€88,467€13,260€5,1723€1,220
2024 Q4€87,894€14,668€5,1943€1,239
2024 Q3€133,979€17,286€5,3583€1,265
2024 Q2€69,003€15,966€5,0363€1,214
2024 Q1€157,070€16,019€5,1633€1,234
2023 Q4€90,530€17,598€5,2313€1,245
2023 Q3€145,544€18,321€5,0693€1,219
2023 Q2€105,152€22,184€5,7913€1,332
2023 Q1€116,947€14,009€3,8643€988
2022 Q4€97,973€18,596€4,4193€1,097
2022 Q3€63,557€12,628€2,8273€785
2022 Q2€69,257€18,839€3,0173€822
2022 Q1€74,442€19,183€3,0343€826

Tax debt

This company is not on the tax board's list of debtors as of 06 Oct 2026.

Source: the tax board's list of legal persons with tax debt. Each month shows its last snapshot. Not being on the list does not prove there is no tax debt.

What these figures mean

Tax board turnover sums the quarter's VAT returns, including reverse-charged purchases. It is not annual report revenue and the two are not added up. Turnover months lag the quarter by one month.

Quarterly head count is the employment register on the quarter's last day, excluding board members. Annual report FTE is the year's average in full-time equivalents.

Average salary is an estimate: the gross monthly salary per employee that the labour taxes imply. Labour taxes are paid, not earned, in the quarter, and part-time staff and tax exemptions skew the result.

The current ratio shows how many euros of current assets there are for each euro of current liabilities.