Revenue
2.1% of sector revenue
114 companies earned 8.58m€ in 2025, 2.1% of Administrative services sector revenue. Revenue has grown 3.2× since 2015.
2.1% of sector revenue
83 with at most one employee
Largest employer: Casa Booker (6)
Median company -29.8% · 27% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 51–100 of 114
* Avg payroll cost per employee per month = wages, wage compensation and other personnel expenses from the income statement (AOP 211: net wages, taxes and contributions on wages including the employer's, and other personnel expenses) / employees / 12. It is not an employee's gross or net salary; reporting errors can move it significantly, and values below 300€ a month are not shown. How we calculate →
Totals include 1 sole proprietor: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 2,683,292€ | 20 |
| 2016 | 2,432,427€ | 23 |
| 2017 | 2,723,666€ | 28 |
| 2018 | 2,872,608€ | 42 |
| 2019 | 3,001,989€ | 48 |
| 2020 | 660,034€ | 53 |
| 2021 | 2,438,417€ | 69 |
| 2022 | 9,566,216€ | 86 |
| 2023 | 17,379,122€ | 92 |
| 2024 | 12,666,541€ | 111 |
| 2025 (Preliminary) | 8,579,839€ | 114 |
The number of companies jumped most in 2021: from 53 to 69.
<0.1% |
| 6,963€ |
| No filing for 2024. |
| -1,770€ |
| -25.4% |
| 1 |
| 491€ |
| 53 | Putnik Experience03669734 · Herceg Novi | <0.1% | 5,991€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,043€ | -201.0% | 2 | 402€ |
| 54 | Avo Group03013146 · Herceg Novi | <0.1% | 5,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,624€ | -64.7% | 1 | 678€ |
| 55 | Sikora-Uni03443744 · Herceg Novi | <0.1% | 5,231€ | +17.7% | -3,024€ | -57.8% | 1 | 678€ |
| 56 | Tod Montenegro03395022 · Tivat | <0.1% | 5,125€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,319€ | -64.8% | 1 | 674€ |
| 57 | Foxy03155684 · Budva | <0.1% | 4,832€ | +85.2% | -4,518€ | -93.5% | 1 | 670€ |
| 58 | Platinum Touch Partners03641805 · Budva | <0.1% | 4,733€ | +110.4% | -5,747€ | -121.4% | 1 | 677€ |
| 59 | Geoventura03773507 · Budva | <0.1% | 3,974€ | No filing for 2024. | -8,837€ | -222.4% | 1 | 1,012€ |
| 60 | Irem Koray Tourism and Logistics Foreign Trade LTD03588513 · Podgorica | <0.1% | 3,653€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,431€ | -176.0% | 1 | 706€ |
| 61 | Mne Inside Access03758753 · Tivat | <0.1% | 2,763€ | No filing for 2024. | 179€ | 6.5% | 1 | — |
| 62 | LST Service03356736 · Budva | <0.1% | 2,529€ | -96.2% | -60,651€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 5 | 837€ |
| 63 | Garage Rent&Sale03634523 · Kotor | <0.1% | 2,460€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,825€ | -887.2% | 1 | 799€ |
| 64 | Balkanika Plus02939720 · Budva | <0.1% | 2,231€ | -22.4% | -8,652€ | -387.8% | 1 | 898€ |
| 65 | Arttours David03596389 · Zeta | <0.1% | 2,132€ | -71.7% | -10,462€ | -490.7% | 1 | 926€ |
| 66 | Monte Step03408507 · Budva | <0.1% | 1,913€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -642€ | -33.6% | 1 | — |
| 67 | Artterra03488560 · Budva | <0.1% | 1,100€ | +450.0% | -7,091€ | -644.6% | 1 | 674€ |
| 68 | You & Guide03803937 · Cetinje | <0.1% | 1,100€ | No filing for 2024. | 14€ | 1.3% | 1 | — |
| 69 | Highlander & Friend03442608 · Podgorica | <0.1% | 1,021€ | -65.0% | -8,673€ | -849.5% | 1 | — |
| 70 | Two Monkeys Tours & Immigration Services03290310 · Herceg Novi | <0.1% | 1,005€ | +101.0% | -12,843€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 871€ |
| 71 | Montelux02825708 · Podgorica | <0.1% | 1,000€ | -96.8% | -12,497€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 745€ |
| 72 | Luxury Charters03361926 · Tivat | <0.1% | 920€ | -95.5% | -3,932€ | -427.4% | 1 | 338€ |
| 73 | Tinker Technology03680142 · Tivat | <0.1% | 695€ | No filing for 2024. | -13,713€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 0 | — |
| 74 | Bookiraj Me&Friends03645665 · Budva | <0.1% | 515€ | -53.2% | -5,365€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 338€ |
| 75 | VP Bay Voyage03654982 · Kotor | <0.1% | 500€ | -91.1% | -12,450€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 922€ |
| 76 | Dudarenko02949903 · Herceg Novi | <0.1% | 500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -32,902€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 4 | 676€ |
| 77 | Monteholidays03432629 · Bar | <0.1% | 350€ | -92.1% | -8,650€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 332€ |
| 78 | Koldas03390268 · Bar | <0.1% | 220€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,042€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 79 | Ruzgar Company03613267 · Herceg Novi | <0.1% | 119€ | -90.8% | -28,346€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 1,026€ |
| 80 | Martex Travel03665208 · Nikšić | <0.1% | 84€ | -85.8% | -1,941€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 81 | Alexana03463036 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -203€ | — | 1 | — |
| 82 | Alinda Medical Tourism and Construction03668932 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,160€ | — | 1 | 677€ |
| 83 | Beautiful Moments Montenegro03752968 · Budva | 0.0% | 0€ | No filing for 2024. | -8,180€ | — | 1 | 645€ |
| 84 | Besco03460819 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,542€ | — | 1 | 678€ |
| 85 | CDR03680380 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,264€ | — | 1 | 922€ |
| 86 | Beyond Infiniti03297187 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,226€ | — | 1 | 675€ |
| 87 | BZDS Consultancy03688674 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 88 | Cosmic Gnostic of Montenegro03378730 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,027€ | — | 1 | 908€ |
| 89 | Demnik03537366 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,069€ | — | 1 | 1,101€ |
| 90 | Grišaćev Smart Solutions03527140 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 91 | Online Design Store03415970 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,105€ | — | 1 | 670€ |
| 92 | Pogoram Podolam03596826 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 93 | Rockscode03426084 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,156€ | — | 1 | 675€ |
| 94 | Rundewelt03588165 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 95 | Shotinfamily03662209 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,148€ | — | 1 | 674€ |
| 96 | Szlak Zorana03530159 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,179€ | — | 1 | 924€ |
| 97 | Benessere Vibe03803716 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -1,002€ | — | 1 | — |
| 98 | Osteopravka03327566 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,197€ | — | 1 | 675€ |
| 99 | ZMM03328546 · Budva | 0.0% | 0€ | -100.0% | -21,578€ | — | 1 | 677€ |
| 100 | Sea Dance Festival03036006 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,921€ | — | 1 | 359€ |