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SummaryLegal & StatusTimelineNetworkOwnership & ManagementShareholdersUltimate Beneficial OwnerGeographyFinancialsFinancial HealthDocuments

Saaremaa Merekultuuri Selts

🇪🇪Estonia•Mittetulundusühing•Active
Net margin (2024)Net margin
4.5%
YoY revenue (2023 vs 2024)YoY revenue
-36.1%
Current ratio (2023)Current ratio

Summary

Country🇪🇪Estonia
StatusActive
Registration Number80009891
Founded17/10/1997
AddressGarnisoni Tn 18, Kuressaare Linn, Saaremaa Vald, Saare Maakond, Saaremaa Vald, Saare Maakond, 93815

Legal & Status

Legal FormMittetulundusühing
StatusActive
Registration Date17/10/1997
Registry AuthorityEstonian Business Register / Äriregister

Source: Estonia RIK · Last updated: 24/04/2026

Timeline (2 events)

24/04/2026

Legal form changed

→ Mittetulundusühing

17/10/1997

Company incorporated

Incorporation date: 1997-10-17

Network

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Network depth

Ownership & Management

Persons with significant control

Rein Sepp

Person with significant control

Appointed: 22/10/2018

—
Leo Filippov

Person with significant control

Appointed: 22/10/2018

—

Ownership Timeline (2 changes)

22/10/2018

Appointed Rein Sepp (person)

Person with significant control

22/10/2018

Appointed Leo Filippov (person)

Person with significant control

Shareholders

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Ultimate Beneficial Owner

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Geography

Headquarters

Garnisoni Tn 18

Kuressaare Linn, Saaremaa Vald, Saare Maakond

Saaremaa Vald

Saare Maakond

93815

Financials

Key figures from annual accounts filings.

Convert to

2019

Turnover: €24.3K

Key figures

Turnover

2019€24,306
2020€16,084
2021€14,125
2022€40,226
2023€9,815
2024€6,269

Profit / (loss)

2019€4,393
2020€1,970
2021€2,250
2022€3,250
2023€1,173
2024€281

Total assets

2019€14,038
2020€16,084
2021€16,874
2022€32,611
2023€3,473
2024€1,454

Current Assets

2019€14,038
2020€16,084
2021€16,874
2022€32,611
2023€3,473
2024€1,454

Assets

2019€14,038
2020€16,084
2021€16,874
2022€32,611
2023€3,473
2024€1,454

Cash And Cash Equivalents

2019€13,905
2020€16,065
2021€16,084
2022€31,901
2023€2,968
2024€1,454

Current Liabilities

2019€9,467
2020€13,936
2021€14,446
2022€27,111
2023€50
2024€0

Liabilities And Net Assets

2019€14,038
2020€16,084
2021€16,874
2022€32,611
2023€3,473
2024€1,454

Net Assets

2019€4,571
2020€2,148
2021€2,428
2022€5,500
2023€3,423
2024€1,454

Net Surplus Deficit For Period

2019€4,393
2020€1,970
2021€2,250
2022€3,250
2023€1,173
2024€281

Surplus Deficit From Operating Activities

2019€4,393
2020€1,970
2021€2,250
2022€3,250
2023€1,173
2024€281

Total Revenue

2019€24,306
2020€16,084
2021€14,125
2022€40,226
2023€9,815
2024€6,269
Metric201920202021202220232024
Turnover€24,306€16,084€14,125€40,226€9,815€6,269
Profit / (loss)€4,393€1,970€2,250€3,250€1,173€281
Total assets€14,038€16,084€16,874€32,611€3,473€1,454
Current Assets€14,038€16,084€16,874€32,611€3,473€1,454
Assets€14,038€16,084€16,874€32,611€3,473€1,454
Cash And Cash Equivalents€13,905€16,065€16,084€31,901€2,968€1,454
Current Liabilities€9,467€13,936€14,446€27,111€50€0
Liabilities And Net Assets€14,038€16,084€16,874€32,611€3,473€1,454
Net Assets€4,571€2,148€2,428€5,500€3,423€1,454
Net Surplus Deficit For Period€4,393€1,970€2,250€3,250€1,173€281
Surplus Deficit From Operating Activities€4,393€1,970€2,250€3,250€1,173€281
Total Revenue€24,306€16,084€14,125€40,226€9,815€6,269

Documents

Document downloads are not available yet for French companies.

Annual report

Accounts for the accounting period ending on: 31/12/2024

Filed: 19/06/2025

Annual report

Accounts for the accounting period ending on: 31/12/2023

Filed: 18/06/2024

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Annual report

Accounts for the accounting period ending on: 31/12/2022

Filed: 13/06/2023

Muutmiskanne

01/02/2023

Annual report

Accounts for the accounting period ending on: 31/12/2021

Filed: 14/09/2022

Annual report

Accounts for the accounting period ending on: 31/12/2020

Filed: 31/05/2021

Annual report

Accounts for the accounting period ending on: 31/12/2019

Filed: 08/09/2020

Muutmiskanne

01/12/2019

Mitteavaldatav muutmiskanne

13/06/2000

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YoY profit / (loss) (2023 vs 2024)YoY profit / (loss)
-76%
Return on assets (net) (2024)Return on assets (net)
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Financial Health

Derived ratios from annual accounts. Values are omitted when data is missing or not meaningful.

Margins

Net margin (2019)
18.1%
Net margin (2020)
12.2%
Net margin (2021)
15.9%
Net margin (2022)
8.1%
Net margin (2023)
12%
  1. –
  2. –
  3. –Saaremaa Merekultuuri Selts
Net margin (2024)
4.5%

Growth

YoY revenue (2019 vs 2020)
-33.8%
YoY profit / (loss) (2019 vs 2020)
-55.2%
YoY total assets (2019 vs 2020)
+14.6%
YoY revenue (2020 vs 2021)
-12.2%
YoY profit / (loss) (2020 vs 2021)
+14.2%
YoY total assets (2020 vs 2021)
+4.9%
YoY revenue (2021 vs 2022)
+184.8%
YoY profit / (loss) (2021 vs 2022)
+44.4%
YoY total assets (2021 vs 2022)
+93.3%
YoY revenue (2022 vs 2023)
-75.6%
YoY profit / (loss) (2022 vs 2023)
-63.9%
YoY total assets (2022 vs 2023)
-89.4%
YoY revenue (2023 vs 2024)
-36.1%
YoY profit / (loss) (2023 vs 2024)
-76%
YoY total assets (2023 vs 2024)
-58.1%
CAGR revenue (2019–2024)
-23.7%
CAGR profit / (loss) (2019–2024)
-42.3%
CAGR total assets (2019–2024)
-36.5%

Efficiency & returns

Asset turnover (2019)
1.73×
Return on assets (net) (2019)
31.3%
Asset turnover (2020)
1×
Return on assets (net) (2020)
12.2%
Asset turnover (2021)
0.84×
Return on assets (net) (2021)
13.3%
Asset turnover (2022)
1.23×
Return on assets (net) (2022)
10%
Asset turnover (2023)
2.83×
Return on assets (net) (2023)
33.8%
Asset turnover (2024)
4.31×
Return on assets (net) (2024)
19.3%

Working capital & liquidity

Current ratio (2019)
1.48×
Current ratio (2020)
1.15×
Current ratio (2021)
1.17×
Current ratio (2022)
1.2×
Current ratio (2023)
69.46×
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