ETENRU
BankruptHarju County
Registry code
12964950
VAT number
EE101844149
Address
Harju maakond, Tallinn, Lasnamäe linnaosa, Lennujaama tee 13, 11101
Registered
17.12.2015 · 10 yrs
Activity
Passenger air transport 51101
Capital
2 700 €
Email
i•••@x•••.eeLog in to see
Website
www.xfly.ee from email
Business Register 06.10.2026
Võlausaldajate nimekirjaga tutvumise 10.04.2026
Bankrupt
Bankrupt: no activity
Tax debt over €10,000 and over 90 days
A board member sat on the board of another company that went bankrupt
Annual report 2023 not filed, deadline was 30.06.2024
Sales revenue78,6 m €+44%2022 annual report
Profit118 k €2022 annual report
Labour taxes per quarter32 065 €Tax Board 2026 Q2
Cash5,0 m €Cash 31.12.2022, annual report
Tax debt244 166 €unpaidTax Board 06.10.2026 · details below
Revenue 12 months2,3 m €-95%Tax Board, last 4 quarters
State taxes 12 months484 k €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · days in debt: 11
26.0928.0901.1004.1006.10
Total tax debtmax 244 166 €
Details ↓
Turnover by quarter · latest 105 tuh €
27,4 M20,6 M1,1 M92 k93 k86 k2,0 M105 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
C
Bankrupt: no activity
0 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 06.10.2026 · open data
Quick check
  • Tax debt 244 166 €
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • Bankruptcy or liquidation
  • No sanctions
  • Last report 2022
  • VAT registered
Stability
RatingC since 26.09.2026
In tax debt11 days since 26.09.2026
Revenue 12 months▼ 95% vs a year earlier
Email right away on tax debt, bankruptcy or board change

Bankruptcy proceedings and assets for sale

6 notices
DateEtappKohtuasi
10.04.2026Inspection of the list of creditors
Haldur Kristo Teder
2-24-18177teade
15.12.2025Inspection of the list of creditors
Haldur Kristo Teder
2-24-18177teade
03.11.2025Inspection of the list of creditors
Haldur Kristo Teder
2-24-18177teade
17.10.2025Inspection of the list of creditors
Haldur Kristo Teder
2-24-15889teade
07.02.2025Bankruptcy declared2-24-18177/15teade
04.12.2024Prohibition on disposal2-24-18177/3teade

Ametlikud Teadaanded (CC BY-SA 4.0), oksjonikeskus.ee

Data

Board and owners

6 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 3
Charles William Anthony Mackenzie-Philps2 companies2 with tax debt2 bankruptPersonal ID ↗13.05.2024
Mihnea-Gabriel Rusu2 companies2 with tax debt2 bankruptPersonal ID ↗14.10.2024
Remco Ijsbrand Johannes Althuis3 companies2 with tax debt2 bankruptPersonal ID ↗28.11.2023
Other persons 3
Nasdaq CSD SEOsade registripidajaOsad on Eesti väärtpaberite registris (Nasdaq CSD). See ei tähenda börsil noteerimist.28.09.2017
Andrias Palmits54 companies27 with tax debt30 bankruptPankrotihaldurPersonal ID ↗07.02.2025
Kristo Teder41 companies25 with tax debt34 bankruptPankrotihaldurPersonal ID ↗07.02.2025
Shareholders 1
Omanikukonto: NORDIC AVIATION GROUP AS (PANKROTIS)100,0% 2 700 €03.02.2025
Beneficial owners 8
Charles William Anthony Mackenzie-Philps2 companies2 with tax debt2 bankruptmember of the senior management body, i.e. management or supervisory board member13.12.2023
Kadri Land1 companyno tax debtmember of the senior management body, i.e. management or supervisory board member06.05.2024
Kaupo Raagmember of the senior management body, i.e. management or supervisory board member24.03.2022
Koit Kaskel2 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member19.06.2024
Mihnea-Gabriel Rusu2 companies2 with tax debt2 bankruptmember of the senior management body, i.e. management or supervisory board member17.10.2024
Remco Ijsbrand Johannes Althuis3 companies2 with tax debt2 bankruptmember of the senior management body, i.e. management or supervisory board member06.02.2024
Sander Salmu2 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member12.06.2023
Vladimir SvetÕigus nimetada või tagasi kutsuda enamikku tegevjuhtkonnast või kõrgema juhtorga08.10.2024

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue32,6%
Labour taxes / revenue30,5%
Revenue per employee per month—
Gross salary (estimate)—
Net salary (estimate)—

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q2105 234 €▲ 14%32 065 €34 349 €—
2026 Q11 982 996 €▲ 82%168 212 €157 719 €3
2025 Q485 962 €▼ 100%153 893 €139 792 €16
2025 Q392 514 €▼ 100%167 654 €152 201 €19
2025 Q292 147 €▼ 100%223 880 €199 851 €22
2025 Q11 088 133 €▼ 95%320 070 €0 €25
2024 Q420 609 794 €▼ 27%579 360 €54 537 €33
2024 Q327 377 433 €▼ 8%902 971 €128 777 €160
2024 Q227 980 193 €▼ 30%869 893 €246 131 €162
2024 Q122 630 209 €▲ 0%841 541 €199 900 €174
2023 Q428 132 719 €▲ 7%807 009 €394 590 €166
2023 Q329 764 324 €▲ 17%846 545 €413 845 €177
Show full history (18 quarters)
2023 Q239 711 336 €▲ 68%720 836 €677 670 €176
2023 Q122 526 799 €▲ 2%662 577 €630 367 €163
2022 Q426 273 283 €601 194 €566 816 €154
2022 Q325 407 867 €562 358 €275 596 €136
2022 Q223 638 644 €523 007 €495 465 €131
2022 Q121 997 312 €490 436 €461 309 €126

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

2 yr
Build report

20222021
Sales revenue78,6 m €▲ 44%54,7 m €
Profit118 k €▼ 97%3,5 m €
Profit margin0,2%6,3%
Retained earnings-2,4 m €▲ 59%-5,9 m €
Cash5,0 m €▼ 29%7,1 m €
Current assets43,4 m €▲ 62%26,8 m €
Fixed assets8,8 m €▲ 90%4,7 m €
Assets52,2 m €▲ 66%31,5 m €
Current liabilities26,0 m €▲ 139%10,9 m €
Long-term liabilities22,5 m €▲ 33%17,0 m €
Total liabilities48,5 m €▲ 74%27,9 m €
Equity3,7 m €▲ 3%3,6 m €
Labour costs5,3 m €▲ 39%3,8 m €
Employees156▲ 79%87
Filed28.06.202330.06.2022
ReportPDF ↓PDF ↓

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

Revenue by activity

2022
ActivityEMTAKSales revenueOsa
Passenger air transport main activity5110178 607 833 €100%

2022 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

1 records
Tax debt 244 166 € · as of 06.10.2026
Ajatatud
none, the entire debt is unpaid
Debt arose
10.01.2025 · oldest unpaid claim, 634 days
Consecutively on the list
since 26.09.2026 (11 days) · Firmo data starts 26.09.2026

Tax debt change 26.09.2026 to 06.10.2026 · days in debt: 11

26.0928.0901.1004.1006.10
Total tax debtmax 244 166 €

Tax debt history over 5 years

StartEndDaysLargest debtStatus
26.09.2026ongoing11244 166 €unpaid

Paid tax debt stays visible for 5 years. Only tax debt from the last 2 years affects the rating.

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

avalikke teateid pole

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

990 € makseid

Transactions with state institutions

2026750 €
2023240 €

Largest payers

AS Eesti Liinirongid750 €
Politsei- ja Piirivalveamet240 €
All payments by month
MonthPayerTypeFieldAmount
04.2026AS Eesti LiinirongidOperating costsRail transport750 €
04.2023Politsei- ja PiirivalveametOperating costsPolice240 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

60
Aktsiaselts Nordic Aviation GroupCharles William Anthony Mackenzie-Philps, Mihnea-Gabriel Rusu, Remco Ijsbrand Johannes Althuis · Bankrupt23,2 m €COÜ MokinostorKristo Teder · Bankrupt17,8 m €COÜ Venkon PetrolAndrias Palmits · Bankrupt16,8 m €CFort Aero OÜKristo Teder · Bankrupt13,2 m €CAktsiaselts METUS-ESTKristo Teder · Bankrupt11,2 m €CMantreco OÜKristo Teder · Bankrupt10,8 m €CTECA Projekt OÜAndrias Palmits · Bankrupt10,6 m €COsaühing VestaneAndrias Palmits · Bankrupt6,0 m €CRocknord OÜAndrias Palmits · Bankrupt5,4 m €CEnima Trade OÜAndrias Palmits · Bankrupt4,4 m €COÜ MindspaAndrias Palmits · Bankrupt4,2 m €CBaltic CH OÜKristo Teder · Bankrupt3,6 m €CTRANSPERTUS OÜAndrias Palmits · Bankrupt2,0 m €CKon Tiki Reisid OÜKristo Teder · Bankrupt1,8 m €CVIGO GROUP OÜAndrias Palmits · Bankrupt1,8 m €C7käiku OÜAndrias Palmits · Bankrupt1,7 m €CHertsog Lift OÜKristo Teder · Bankrupt1,2 m €CSHOPPA OÜKristo Teder · Bankrupt632 k €CIdentity OÜAndrias Palmits · Bankrupt435 k €CAdvokaadibüroo Palmits & Partnerid OÜAndrias Palmits332 k €AAHYDROPARTS OÜAndrias Palmits · Bankrupt173 k €Cosaühing ViieKristo Teder36 000 €BBBTORIFUNE OÜAndrias Palmits25 156 €AUÜ MTS Property HoldingAndrias Palmits3 000 €ATJR PRO OÜKristo Teder · Bankrupt2 511 €CKinnisvara Finantseerimise OÜKristo Teder · Bankrupt2 456 €COÜ Palmits InvestAndrias Palmits75 €AOsaühing MagnonAndrias Palmits · Likvideerimisel0 €CAktsiaselts CRESCOAndrias Palmits · Bankrupt0 €CVedana Fa OsaühingKristo Teder · Bankrupt0 €COsaühing LivillaKristo Teder · Bankrupt0 €CTulundusühistu Laeva PiimKristo Teder · Bankrupt0 €CMTTC Eesti OÜKristo Teder · Bankrupt0 €COÜ SkrooderAndrias Palmits0 €BBOsaühing ForbristAndrias Palmits0 €Osaühing TankudAndrias Palmits · Bankrupt0 €COsaühing OROVERSKristo Teder · Likvideerimisel0 €CMetsaharvenduse OÜKristo Teder · Bankrupt0 €COÜ OMUL-FOTAndrias Palmits · Bankrupt0 €COsaühing Reyna TradeKristo Teder · Bankrupt0 €CIliotech Group OÜKristo Teder · Bankrupt0 €CHigh Tech Recycling OÜKristo Teder · Bankrupt0 €CICP Solutions OÜKristo Teder · Bankrupt0 €COÜ VõlamenetlejaAndrias Palmits0 €BBOÜ Unimet EstoniaAndrias Palmits · Bankrupt0 €COÜ BauschmidtAndrias Palmits · Bankrupt0 €COÜ Nordfas GruppKristo Teder · Likvideerimisel0 €CThai Kinnisvara Express OÜKristo Teder · Likvideerimisel0 €COÜ Seaside HoldingAndrias Palmits0 €BBOsaühing DECK EngineeringAndrias Palmits · Bankrupt0 €CKilepakend OÜAndrias Palmits0 €Windoor Facades OÜAndrias Palmits · Bankrupt0 €COÜ SissenõudjaAndrias Palmits0 €BBLighthouse Invest OÜKristo Teder · Bankrupt0 €CLevikom Holding OÜKristo Teder · Bankrupt0 €COÜ Prime RoomKristo Teder · Bankrupt0 €CWest Metal Company OÜKristo Teder · Bankrupt0 €CAVP Grupp OÜAndrias Palmits · Bankrupt0 €CGT4U EESTI OÜKristo Teder · Bankrupt0 €CMalindi OÜAndrias Palmits · Bankrupt0 €C

Sorted by revenue (latest report or 4 quarters).

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

1 records

Domains

DomainSource
xfly.eeemail

History and notices

36
DateTypeContent
07.02.2025Kandemäärus muu kohtulahendi täitmiseksPankroti väljakuulutamiskanne
17.01.2025Aruandetrahvimäärus
09.12.2024Trahvihoiatusmäärus: majandusaasta aruanne esitamata
14.10.2024EntryAmendment entry
03.09.2024Warning order on deletion from the register: annual report not filed
11.07.2024Warning order on deletion from the register: annual report not filed
13.05.2024EntryAmendment entry
28.11.2023EntryAmendment entry
28.11.2023Lõivu tasumise nõudmise määrus (NAP)Amendment entry
27.11.2023EntryAmendment entry
22.08.2023EntryAmendment entry
09.08.2023EntryAmendment entry
09.08.2023Order to remedy deficienciesAmendment entry
04.01.2023EntryAmendment entry
01.02.2022Lõivu tagastamise määrus (NAP)
19.08.2021EntryAmendment entry
22.03.2021EntryAmendment entry
06.01.2021EntryAmendment entry
03.03.2020EntryMuutmiskanne ÄS § 525 lg 2 alusel
14.01.2020EntryAmendment entry
19.09.2019Order to remedy deficiencies to correct non-entry dataAmendment entry
09.08.2019EntryAmendment entry
12.07.2019Negative entry order: deficiencies not remediedAmendment entry
28.06.2019Order to remedy deficienciesAmendment entry
22.05.2019Order to remedy deficienciesAmendment entry
24.10.2018EntryAmendment entry
28.08.2018EntryAmendment entry
20.01.2018EntryAmendment entry
22.11.2017EntryMuutmiskanne ÄS § 525 lg 2 alusel
28.09.2017EntryAmendment entry
26.07.2017EntryAmendment entry
17.07.2017Eitav kandemäärusAmendment entry
03.03.2017EntryAmendment entry
20.12.2016EntryAmendment entry
19.07.2016EntryAmendment entry
17.12.2015EntryFirst entry