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Marabu Airlines OÜ

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RegisteredHarju County
Registry code
16621081
VAT number
EE102562873
Address
Harju maakond, Tallinn, Lasnamäe linnaosa, Lõõtsa tn 5 // Sepapaja tn 4, 11415
Registered
25.11.2022 · 3 yrs
Activity
Passenger air transport 51101
Capital
2 700 €
Email
i•••@m•••.eeLog in to see
Phone
+372 •• ••••Log in to see
Website
http://www.flymarabu.com
LEI
984500BD460942FC0B88 ISSUED
Business Register 06.10.2026
Negatiivne omakapital, madal likviidsus ja raha alla kuu kulude
Sales revenue216,2 m €+22%2025 annual report
Profit-40,3 m €2025 annual report
Employees180Tax Board 2026 Q2
Average gross salary6 735 €estimate, Tax Board 2026 Q2
Labour taxes per quarter1,9 m €Tax Board 2026 Q2
Cash12,1 m €Cash 30.09.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months288,4 m €+28%Tax Board, last 4 quarters
State taxes 12 months7,3 m €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 65,3 mln €
73,9 M74,2 M21,2 M56,2 M91,9 M92,0 M39,2 M65,3 M
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
BB
Modest, higher risk
81 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 06.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingBB since 26.09.2026
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 28% vs a year earlier
Email right away on tax debt, bankruptcy or board change
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Data

Board and owners

1 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 1
Paul Fabian1 companyno tax debtPersonal ID ↗02.10.2024
Shareholders 1
CD Ferienflug Hessen Holding GmbH100,0% 2 700 €01.09.2023
Beneficial owners 3
Kevin Michael Butlermember of the senior management body, i.e. management or supervisory board member09.06.2025
Padraic Dohertymember of the senior management body, i.e. management or supervisory board member22.12.2022
Rory Conwaymember of the senior management body, i.e. management or supervisory board member22.12.2022

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue2,7%
Labour taxes / revenue2,8%
Revenue per employee per month120 890 €
Gross salary (estimate)6 735 €
Net salary (estimate)5 218 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q265 280 375 €▲ 16%1 854 683 €1 788 145 €180
2026 Q139 198 720 €▲ 85%2 122 467 €2 052 834 €185
2025 Q492 027 793 €▲ 24%1 791 723 €1 733 411 €194
2025 Q391 855 306 €▲ 24%1 748 249 €1 698 211 €192
2025 Q256 189 280 €▲ 3%1 648 192 €1 607 631 €195
2025 Q121 223 737 €▼ 18%1 449 842 €1 433 537 €193
2024 Q474 163 711 €▲ 93%849 260 €828 456 €169
2024 Q373 945 792 €▲ 5%695 332 €675 136 €153
2024 Q254 562 658 €▲ 166%490 864 €473 115 €143
2024 Q125 787 289 €▲ 24280%339 477 €337 764 €66
2023 Q438 499 508 €241 174 €253 229 €48
2023 Q370 543 075 €168 781 €180 838 €18
Show full history (15 quarters)
2023 Q220 519 631 €145 449 €142 926 €12
2023 Q1105 771 €25 317 €24 182 €8
2022 Q4———4

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

3 yr
Build report

202520242023
Sales revenue216,2 m €▲ 22%177,1 m €▲ 109%84,9 m €
Profit-40,3 m €0%-40,4 m €▲ 22%-51,8 m €
Profit margin-18,7%-22,8%-61,0%
Retained earnings-92,2 m €▼ 78%-51,8 m €0 €
Cash12,1 m €▲ 28%9,4 m €▲ 164%3,6 m €
Current assets45,0 m €▲ 11%40,4 m €▲ 32%30,6 m €
Fixed assets9,7 m €▲ 27%7,6 m €▲ 24×320 k €
Assets54,7 m €▲ 14%48,0 m €▲ 55%30,9 m €
Current liabilities72,6 m €▼ 48%140,2 m €▲ 69%82,7 m €
Long-term liabilities18,4 m €——
Total liabilities91,0 m €▼ 35%140,2 m €▲ 69%82,7 m €
Equity-36,4 m €▲ 61%-92,2 m €▼ 78%-51,8 m €
Labour costs22,9 m €▲ 227%7,0 m €▲ 453%1,3 m €
Employees345▲ 232%104▲ 478%18
Filed29.07.202601.04.202519.06.2024
ReportPDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Passenger air transport main activity51101216 188 556 €100%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

Loading properties…

Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 06.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

none

No transactions with state agencies, procurement contracts or grants found

RTK Saldo, Riigihangete register, RTK toetatud projektid

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

0

No linked companies found

Top 20 in activity: Passenger air transport

20
#CompanyRevenue
1Marabu Airlines OÜ216,2 m €
2NyxAir OÜ13,9 m €
3PANAVIATIC AS9,5 m €
4DIAMOND SKY OÜ7,0 m €
5Turkish Airlines Inc. Eesti filiaal5,5 m €
6WILCO.aero OÜ1,8 m €
7JET AIRSPACE OÜ1,4 m €
8P.A. Marine and Aviation Services OÜ1,3 m €
9X-1 Jets OÜ1,2 m €
10SKYBUTCH OÜ718 k €
11Air XPRS OÜ678 k €
12JETAI OÜ607 k €
13AeroCopter OÜ528 k €
14Nord Aviation OÜ249 k €
15Gowfly Aviation Training OÜ206 k €
16SuperSky OÜ153 k €
17Jetsy OÜ137 k €
18Kotkas Consulting OÜ135 k €
19ESTSKY INVEST OÜ131 k €
20Nordic Jet OÜ122 k €

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Domains

2 records

Domains

DomainSource
flymarabu.comBusiness Register
marabu.eeemail

History and notices

17
DateTypeContent
05.10.2026Administrative orderAmendment entry
15.05.2026EntryAmendment entry
14.05.2026Order to remedy deficienciesAmendment entry
08.04.2026Trahvihoiatusmäärus: majandusaasta aruanne esitamata
04.02.2026EntryAmendment entry
15.04.2025EntryAmendment entry
02.10.2024EntryAmendment entry
12.04.2024Trahvihoiatusmäärus: majandusaasta aruanne esitamata
02.04.2024EntryAmendment entry
01.04.2024Order to remedy deficienciesAmendment entry
19.09.2023EntryAmendment entry
01.09.2023EntryAmendment entry
17.08.2023EntryAmendment entry
13.07.2023EntryAmendment entry
21.02.2023EntryAmendment entry
15.12.2022EntryAmendment entry
25.11.2022EntryFirst entry