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20.4K€

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SmartLynx Airlines Estonia OÜ

Legal form:

Private limited company

Registry code:

12264460

VAT no.:

EE101544261

Fiscal-year period:

01.01 - 31.12

Established:

11.04.2012 (14)

Capital:

10 833 EUR

Address:

Lennujaama tee 13, Lasnamäe linnaosa, Tallinn, Harju maakond, 11101

Status:

Bankrupt

Industries

TRANSPORTATION AND STORAGE
Warehousing and support activities for transportation
Supporting activities for transportation
Service activities supporting air transport
52239 - Other service activities supporting air transportation

VAT liability

	Start	End
EE101544261	05.06.2012

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	Due date 30.06.2026
2024	01.01.2024 - 31.12.2024	Not submitted (deadline 30.06.2025)
2023	01.01.2023 - 31.12.2023	11.07.2024	Valid
2022	01.01.2022 - 31.12.2022	14.07.2023	Valid
2021	01.01.2021 - 31.12.2021	29.09.2022	Valid
2020	01.01.2020 - 31.12.2020	29.12.2021	Valid
2019	01.01.2019 - 31.12.2019	21.08.2020	Valid
2018	01.01.2018 - 31.12.2018	27.03.2019	Valid
2017	01.01.2017 - 31.12.2017	20.03.2018	Valid
2016	01.01.2016 - 31.12.2016	06.04.2017	Valid
2015	01.01.2015 - 31.12.2015	04.03.2016	Valid
2014	01.01.2014 - 31.12.2014	02.03.2015	Valid
2013	01.01.2013 - 31.12.2013	17.06.2014	Valid
2012	11.04.2012 - 31.12.2012	28.06.2013	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 06.06.2026.

Delayed declarations

	Deadline	Submitted
Income- and social-tax return	11.05.2026	14.05.2026	3 days overdue

The company is on the TTJA blacklist since 19.06.2025

View decisions (74)

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Credit rating

Hidden

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020406080100

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View summary

20.4K€

Tax debt

Unsubmitted reports

✓

Unsubmitted declarations

119

Court decisions

Official announcements

TTJA decisions

Real estate

.ee domains

Licenses

Regulations

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	328 €	509 €	0 €100.0%	10
Kokku 2026:	328 €	509 €	0 €
2025 Q4	24 208 €	27 424 €	14 927 260 €2.0%	10
2025 Q3	30 378 €	33 020 €	14 632 289 €19.0%	14
2025 Q2	33 935 €	36 491 €	12 296 284 €26.9%	14
2025 Q1	32 063 €	34 263 €	16 812 998 €20.8%	11
Kokku 2025:	120 584 €	131 198 €	58 668 831 €50.3%
2024 Q4	68 039 €	71 110 €	21 241 257 €47.0%	10
2024 Q3	55 034 €	57 508 €	40 092 151 €50.7%	10
2024 Q2	54 412 €	57 114 €	26 599 553 €11.4%	9
2024 Q1	45 456 €	47 890 €	30 037 805 €47.9%	9
Kokku 2024:	222 941 €	233 622 €	117 970 766 €103.9%
2023 Q4	51 112 €	53 790 €	20 311 279 €19.6%	6
2023 Q3	47 690 €	50 323 €	25 250 825 €418.7%	7
2023 Q2	48 549 €	51 113 €	4 868 137 €34.5%	8
2023 Q1	44 580 €	46 930 €	7 436 051 €38.6%	9
Kokku 2023:	191 930 €	202 157 €	57 866 292 €21.0%
2022 Q4	45 687 €	48 203 €	12 110 574 €54.9%	8
2022 Q3	40 903 €	43 204 €	26 880 632 €91.5%	8
2022 Q2	32 936 €	34 809 €	14 036 308 €30.5%	7
2022 Q1	17 798 €	18 581 €	20 209 670 €13.4%	6
Kokku 2022:	137 325 €	144 797 €	73 237 185 €58.1%
2021 Q4	9 769 €	10 101 €	23 342 261 €39.1%	2
2021 Q3	9 979 €	10 531 €	16 779 007 €238.3%	3
2021 Q2	17 891 €	18 413 €	4 959 367 €302.4%	3
2021 Q1	10 703 €	11 375 €	1 232 370 €74.9%	3
Kokku 2021:	48 342 €	50 420 €	46 313 005 €36.1%
2020 Q4	14 602 €	15 567 €	4 902 982 €17.1%	3
2020 Q3	10 967 €	11 879 €	4 186 664 €1.0%	3
2020 Q2	18 648 €	20 804 €	4 229 493 €79.6%	3
2020 Q1	34 190 €	36 530 €	20 721 472 €58.0%	7
Kokku 2020:	78 407 €	84 780 €	34 040 612 €80.7%
2019 Q4	37 073 €	39 634 €	49 291 129 €30.1%	7
2019 Q3	35 868 €	38 241 €	70 555 723 €75.2%	10
2019 Q2	36 151 €	38 583 €	40 264 192 €146.9%	7
2019 Q1	32 647 €	34 793 €	16 306 315 €44.7%	7
Kokku 2019:	141 739 €	151 251 €	176 417 359 €67.7%
2018 Q4	27 047 €	29 058 €	29 496 616 €11.9%	7
2018 Q3	18 278 €	19 702 €	33 467 189 €32.5%	7
2018 Q2	19 530 €	21 059 €	25 253 097 €48.9%	5
2018 Q1	17 222 €	18 563 €	16 957 491 €15.4%	6
Kokku 2018:	82 077 €	88 382 €	105 174 393 €66.7%
2017 Q4	23 221 €	24 950 €	20 038 308 €11.1%	5
2017 Q3	26 732 €	28 773 €	22 552 460 €85.8%	5
2017 Q2	28 376 €	30 379 €	12 139 135 €45.0%	6
2017 Q1	23 174 €	24 917 €	8 372 998 €47.5%	6
Kokku 2017:	101 503 €	109 019 €	63 102 901 €175.5%
2016 Q4	23 165 €	24 909 €	5 678 506 €10.9%	8
2016 Q3	20 838 €	22 471 €	5 122 663 €25.4%	8
2016 Q2	28 221 €	30 134 €	6 869 768 €31.3%	8
2016 Q1	21 349 €	22 944 €	5 230 633 €44.3%	8
Kokku 2016:	93 573 €	100 458 €	22 901 570 €27.8%
2015 Q4	22 971 €	24 612 €	9 385 676 €14.3%	1
2015 Q3	19 987 €	21 535 €	8 212 250 €16.8%	1
2015 Q2	17 050 €	18 435 €	7 029 916 €1.0%	1
2015 Q1	17 204 €	18 627 €	7 103 275 €	1
Kokku 2015:	77 212 €	83 209 €	31 731 117 €

Revenue by industry

	2021	2022	2023
Other service activities supporting air transportation			86 001 680 €
Passenger air transport	36 529 652 €	56 178 764 €

Tax debts

	Amount	Deferred	Disputed
Interest	1 125,00 €	0,00 €	0,00 €
Social tax	13 465,67 €	0,00 €	0,00 €
Motor vehicle tax	70,04 €	0,00 €	0,00 €
Unemployment insurance contributions	231,97 €	0,00 €	0,00 €
Withheld income tax	5 501,90 €	0,00 €	0,00 €
Total	20 394,58 €	0,00 €	0,00 €

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Indrek Lepsoo	37611XXXXXX	28.11.1976 (49)	Bankruptcy trustee	25.03.2026	-
Edvinas Demenius	-	14.01.1988 (38)	Board member	15.02.2024	-

2 inactive record hidden, extended access to the information portal is required to view history!

1 - 2 / 2 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Stichting Break Point Distressed Assets Management	-	-	Shareholder	9 833,00 EUR	90,77	Sole ownership	05.12.2025	-
Edvinas Demenius	-	14.01.1988 (38)	Shareholder	500,00 EUR	4,62	Sole ownership	05.12.2025	-
Mindaugas Kazakevicius	-	04.12.1985 (40)	Shareholder	500,00 EUR	4,62	Sole ownership	05.12.2025	-

6 inactive record hidden, extended access to the information portal is required to view history!

1 - 3 / 3 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Kristel Viru	48407XXXXXX	04.07.1984 (41)	Bankruptcy-committee member	27.04.2026	-
Sander Potisepp	39311XXXXXX	03.11.1993 (32)	Bankruptcy-committee member	27.04.2026	-
Toomas Mälberg	37209XXXXXX	16.09.1972 (53)	Bankruptcy-committee member	27.04.2026	-
Smartlynx Airlines SIA	40003XXXXXX	05.03.1900 (126)	Founder	03.04.2012	-

1 - 4 / 4 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Elias Heracleous	-	27.06.1976 (49)	Indirect holding	25.11.2025	-
Maria Xeni	-	27.10.1992 (33)	Indirect holding	25.11.2025	-

1 inactive record hidden, extended access to the information portal is required to view history!

1 - 2 / 2 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q1

Turnover

Amount

0 €

Monthly average

0 €

Per employee

0 €

Equity ratio

Labour taxes

Turnover ratio

0,00%

Tax ratio

155,18%

Monthly average

170 €

Per employee

17 €

State taxes

Monthly average

109 €

Turnover ratio

0,00%

Estimated salary

Gross salary

271 €

Net salary

345 €

Aggregate data

	2023	2022	2021	2020	2019
Current assets	12 625 158 €43.2%	8 818 575 €52.7%	5 773 265 €14.1%	6 722 793 €15.8%	5 806 001 €
Non-current assets	1 337 873 €7.3%	1 442 515 €75.8%	820 412 €1 736.1%	44 683 €97.8%	2 002 343 €
Total assets	13 963 031 €36.1%	10 261 090 €55.6%	6 593 677 €2.6%	6 767 476 €13.3%	7 808 344 €
Short-term liabilities	9 436 464 €50.0%	6 289 650 €110.6%	2 985 947 €7.1%	3 215 188 €28.0%	4 463 798 €
Long-term liabilities	-	-	-	-	-
Total liabilities	9 436 464 €50.0%	6 289 650 €110.6%	2 985 947 €7.1%	3 215 188 €28.0%	4 463 798 €
Share or stock capital	2 500 €	2 500 €	2 500 €	2 500 €	2 500 €
Retained earnings	3 968 940 €10.1%	3 605 230 €1.6%	3 549 788 €6.2%	3 342 046 €80.5%	1 851 505 €
Net profit	555 127 €52.6%	363 710 €556.0%	55 442 €73.3%	207 742 €86.1%	1 490 541 €
Equity	4 526 567 €14.0%	3 971 440 €10.1%	3 607 730 €1.6%	3 552 288 €6.2%	3 344 546 €
Turnover	86 001 680 €53.1%	56 178 764 €53.8%	36 529 652 €142.6%	15 060 145 €84.6%	97 888 320 €
Profit margin	0.65%0.3%	0.65%326.6%	0.15%89.0%	1.38%9.4%	1.52%

Financial ratios

	2023	2022	2021	2020	2019
Profit and cash flow
EBITDA	PCK KMW	EBD AAI	AU BYQ	227 445	1 575 962
Liquidity
Current ratio	Q.V	N.X	L.K	2.1	1.3
Quick ratio	X.Q	E.F	T.T	2.1	1.3
Cash ratio	G.B	B.E	T.N	0.4	0.9
Efficiency
Days sales outstanding (dso)	WF.T	XO.X	KI.E	91.3	6.8
Asset turnover	H.T	K.F	W.H	2.1	12.8
Structure
Debt ratio	L.S	D.J	Q.E	0.5	0.6
Profitability
Operating margin	V.U%	W.O%	N.P%	1.4%	1.5%
Net profit margin	W.Q%	Y.G%	Q.Q%	1.4%	1.5%
Return on assets (roa)	V.F%	G.J%	A.U%	2.9%	19.4%
Return on equity (roe)	FN.E%	S.A%	Y.H%	5.8%	44.6%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 10167787 / 15	25.03.2026	Entry order to enforce another court judgment - Bankruptcy declaration entry		Entered into force (25.03.2026)
Ä 10167787 / M6	21.11.2025	Deliverable order - Amendment entry		Entered into force (10.12.2025)
Ä 10167787 / M5	24.10.2025	Order to remedy deficiencies - Amendment entry	03.12.2025	Entered into force (19.11.2025)
Ä 10167787 / 14	05.09.2025	Entry - Amendment entry		Entered into force (05.09.2025)
Ä 10167787 / M4	01.09.2025	Directive order - Amendment entry	08.09.2025	Deficiencies remedied (01.09.2025)

1 - 5 / 21 rows

Real estate

No real estate found

Company has no real estate

Consumer Disputes Committee decisions

Document no.	Composition	Decision	Date
19-1/25-04457-001	Margus Kingisepp	In favour of the consumer	15.07.2025
19-1/25-04818-001	Margus Kingisepp	In favour of the consumer	20.06.2025
19-1/25-02488-001	Margus Kingisepp	In favour of the consumer	16.05.2025
19-1/25-01608-001	Margus Kingisepp	In favour of the consumer	16.05.2025
19-1/22-14425-014	Margus Kingisepp	In favour of the consumer	06.02.2023

1 - 5 / 74 rows

Court decisions

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date
2-26-1466/8						25.03.2026
2-24-226/17						13.02.2026
2-25-17516/7						08.01.2026
2-25-17131/3						08.12.2025
2-23-7095/15	Civil case	Court judgment (Decision partly based on admission of the claim)	Law of obligations	Marget Henriksen	ECLI:EE:HMK:2024:2.23.7095.24395	10.12.2024

1 - 5 / 119 rows

Official announcements

Subject	Date
Notice of auction of movable property in bankruptcy proceedings	21.05.2026
Notice of auction of movable property in bankruptcy proceedings	21.05.2026
Notice of auction of movable property in bankruptcy proceedings	21.05.2026
Notice of auction of movable property in bankruptcy proceedings	21.05.2026
Notice of auction of movable property in bankruptcy proceedings	28.04.2026

1 - 5 / 8 rows

Public transactions

No public transactions found

Company has no public transactions

.ee domains

No domains found

Company has no valid .ee domains

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

Case number	Claimant	Court department	Date	Total	Main claim	Additional claim	State fee	Proceedings costs
2-19-127226	Floren	Pärnu Maakohtu maksekäsuosakond	28.11.2019	1 668,00 €	1 600,00 €	0,00 €	48,00 €	20,00 €

1 - 1 / 1 rows