Initus OÜ

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 12893150
VAT no.VAT no.:: EE101845779
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 11.08.2015 (11 y)
CapitalCapital:: 20 000 EUR
AddressAddress:: Kivi tn 5, Jõhvi linn, Jõhvi vald, Ida-Viru maakond, 41533
StatusStatus:: Registered
LEI codeLEI code:: 984500JAAE2E3BD5B775

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Contacts

PhonePhone:: +372 5155353
EmailEmail:: jelisei.lokotar@gmail.com

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Industries

VAT liability

VAT no.	Start	End
EE101845779	04.08.2023	-
EE101845779	29.01.2016	13.07.2016

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	11.05.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	02.07.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	20.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	21.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	14.04.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	24.03.2022	Valid	PDF
2019	01.01.2019 – 31.12.2019	22.03.2022	Valid	PDF
2018	01.01.2018 – 31.12.2018	02.08.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	18.12.2018	Valid	PDF
2017	01.01.2017 – 31.12.2017	30.11.2018	Expired	PDF
2016	11.08.2015 – 31.12.2016	27.10.2017	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 30.09.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate1 .ee domains–Licenses–Regulations14 Public transactions48 Grants–State aid–Public procurement–Holdings in companies1 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	1 373 €	0 €	54 481 €+16,1%	-
2026 Q1	8 232 €	0 €	46 924 €−5,6%	-
Total 2026:	9 605 €	0 €	101 405 €
2025 Q4	1 491 €	0 €	49 732 €+7,4%	-
2025 Q3	1 302 €	0 €	46 318 €+2,3%	-
2025 Q2	944 €	0 €	45 296 €−18,4%	-
2025 Q1	6 792 €	0 €	55 493 €+19,9%	-
Total 2025:	10 529 €	0 €	196 839 €
2024 Q4	701 €	0 €	46 302 €−95,0%	-
2024 Q3	0 €	0 €	926 203 €+4 315%	-
2024 Q2	0 €	0 €	20 979 €+1,6%	-
2024 Q1	99 €	0 €	20 656 €+92,9%	-
Total 2024:	800 €	0 €	1,01 M €
2023 Q4	723 €	0 €	10 706 €+3 592%	-
2023 Q3	-	-	290 €	-
2023 Q2	12 €	0 €	-	-
Total 2023:	735 €	0 €	10 996 €
2022 Q1	12 €	0 €	-	-
Total 2022:	12 €	0 €	0 €
2021 Q4	-	-	-	1
2021 Q3	-	-	-	1
2021 Q2	-	-	-	1
2021 Q1	12,05 €	0 €	-	1
Total 2021:	12,05 €	0 €	0 €
2020 Q4	-	-	-	1
2020 Q3	-	-	-	1
2020 Q2	12 €	0 €	-	1
2020 Q1	0 €	0 €	0 €	1
Total 2020:	12 €	0 €	0 €
2019 Q4	0 €	0 €	0 €	1
2019 Q3	0 €	0 €	0 €	1
2019 Q2	0 €	0 €	0 €	1
2019 Q1	0 €	0 €	0 €	1
Total 2019:	0 €	0 €	0 €
2018 Q4	784 €	850 €	0 €	1
2018 Q3	261 €	283 €	0 €	1
Total 2018:	1 045 €	1 133 €	0 €
2017 Q4	0 €	0 €	0 €	0
2017 Q3	0 €	0 €	0 €	0
2017 Q2	0 €	0 €	0 €	0
2017 Q1	0 €	0 €	0 €	0
Total 2017:	0 €	0 €	0 €
2016 Q4	0 €	0 €	0 €	0
2016 Q3	0 €	0 €	0 €	0
2016 Q2	0 €	0 €	0 €	0
2016 Q1	0 €	0 €	0 €	0
Total 2016:	0 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Renting and operating of own or leased real estate		153 457 €	109 098 €
Other accommodation	84 435 €	44 101 €	107 262 €
Management of buildings and rental houses (housing associations, building associations, etc.)		83 396 €	79 818 €

Tax debts

No tax debt found

No tax debt as of 30.09.2026

Representatives

	Personal ID code
Jelisei Lokotar	39102XXXXXX	13.02.1991 (35)	Board member	11.08.2015	-

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Shareholders

	Personal ID code
Jelisei Lokotar	39102XXXXXX	13.02.1991 (35)	Shareholder	20 000 EUR	100,00%	Sole ownership	05.06.2024	-

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Other persons

	Personal ID code
Darja Lokotar	49011XXXXXX	15.11.1990 (35)	Founder	11.08.2015	-
Jelisei Lokotar	39102XXXXXX	13.02.1991 (35)	Founder	11.08.2015	-

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Ultimate beneficial owners

	Personal ID code
Jelisei Lokotar	39102XXXXXX	13.02.1991 (35)	Direct holding	03.09.2018	-

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Holdings in companies


Brightinvest OÜ	19.10.2018	Shareholder	7 500 EUR	75,00%	Sole ownership	26.03.2024	-

2026 Q2

Turnover

Amount: 54 481 €
Monthly average: 18 160 €
Per employee: -
Equity ratio: 90,80%

Labour taxes

Turnover ratio: 0,00%
Tax ratio: 0,00%
Monthly average: 0 €
Per employee: -

State taxes

Monthly average: 458 €
Turnover ratio: 2,52%

Estimated salary

Gross salary: -
Net salary: -

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	90 943 €−15,2%	107 286 €+59,6%	67 205 €+451%	12 188 €+293%	3 102 €+78,5%	1 738 €−57,6%	4 101 €
Non-current assets	1 285 850 €+0,2%	1 283 477 €+212%	411 348 €+235%	122 909 €+698%	15 400 €+4,8%	14 700 €−2,0%	15 000 €
Total assets	1 376 793 €−1,0%	1 390 763 €+191%	478 553 €+254%	135 097 €+630%	18 502 €+12,6%	16 438 €−13,9%	19 101 €
Short-term liabilities	71 782 €−17,1%	86 554 €−5,5%	91 627 €+359%	19 984 €+517%	3 240 €−1,8%	3 300 €−79,5%	16 072 €
Long-term liabilities	956 284 €−4,3%	999 163 €+899%	100 000 €	-	-	-	-
Total liabilities	1 028 066 €−5,3%	1 085 717 €+467%	191 627 €+859%	19 984 €+517%	3 240 €−1,8%	3 300 €−79,5%	16 072 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	305 046 €+6,3%	286 925 €+149%	115 113 €+654%	15 263 €+16,2%	13 138 €+334%	3 028 €+2 484%	-127 €
Net profit	43 681 €+141%	18 121 €−89,5%	171 813 €+72,1%	99 850 €+4 601%	2 124 €−79,0%	10 110 €+220%	3 156 €
Equity	348 727 €+14,3%	305 046 €+6,3%	286 926 €+149%	115 113 €+654%	15 262 €+16,2%	13 138 €+334%	3 029 €
Turnover	296 178 €+5,4%	280 954 €+233%	84 435 €+254%	23 835 €+732%	2 864 €−85,0%	19 138 €+50,2%	12 743 €
Profit margin	14,7%	6,4%	203,5%	418,9%	74,2%	52,8%	24,8%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	102 318 €	2 424 €
Liquidity
Current ratio	0,6	1,0
Quick ratio	0,6	1,0
Cash ratio	0,5	0,6
Efficiency
Days sales outstanding (dso)	27,3	165,7
Asset turnover	0,3	0,2
Structure
Debt ratio	0,1	0,2
Profitability
Operating margin	424,0%	74,2%
Net profit margin	418,9%	74,2%
Return on assets (roa)	130,0%	12,2%
Return on equity (roe)	86,7%	13,9%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 50012910 / 10	05.06.2024	Entry – Amendment entry	-	Entered into force05.06.2024
Ä 50012910 / 9	22.03.2024	Entry – Amendment entry	-	Entered into force22.03.2024
Ä 50012910 / 8	07.03.2024	Entry – Amendment entry	-	Entered into force07.03.2024
Ä 50012910 / 7	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 50012910 / 6	27.12.2022	Entry – Amendment entry under CRA § 525 (2)	-	Entered into force27.12.2022

Real estate

		Purpose
Metsaserva, Hara küla, Kuusalu vald, Harju maakond	8674 m²	Agricultural land 100%

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Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

No court decisions found

The company has no court decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


18.08.2026	Muhu Vallavalitsus	230,52 €Received	OPERATING EXPENSESLeisure events
04.08.2026	Kastre Vallavalitsus	271,20 €Received	OPERATING EXPENSESSport
30.06.2026	Ida-Virumaa Kutsehariduskeskus	2 530,04 €Received	PERSONNEL EXPENSESVocational education
01.06.2026	Ida-Virumaa Kutsehariduskeskus	102,15 €Received	PERSONNEL EXPENSESVocational education
01.06.2026	Ida-Virumaa Kutsehariduskeskus	122,51 €Received	PERSONNEL EXPENSESVocational education

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.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

No payment orders found

Company has no court-ordered payment orders

Data comes from public registers.