Revenue
4.8% of sector revenue
160 companies earned 19.46m€ in 2025, 4.8% of Administrative services sector revenue. Revenue has grown 3.7× since 2015.
4.8% of sector revenue
104 with at most one employee
Largest employer: Tržnice i Pijace (152)
Median company 0.3% · 29% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 51–100 of 160
* 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 →
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 | 5,287,558€ | 52 |
| 2016 | 6,617,880€ | 56 |
| 2017 | 7,938,697€ | 58 |
| 2018 | 8,519,597€ | 68 |
| 2019 | 8,818,279€ | 92 |
| 2020 | 7,507,170€ | 121 |
| 2021 | 8,699,444€ | 145 |
| 2022 | 13,599,751€ | 166 |
| 2023 | 16,733,995€ | 162 |
| 2024 | 19,570,082€ | 161 |
| 2025 (Preliminary) | 19,455,873€ | 160 |
The number of companies jumped most in 2020: from 92 to 121.
0.2% |
| 38,953€ |
| +549.2% |
| 1,585€ |
| 4.1% |
| 2 |
| 1,258€ |
| 53 | Master03435458 · Podgorica | 0.2% | 37,112€ | +27.0% | 10,693€ | 28.8% | 1 | 1,674€ |
| 54 | Sibila02397668 · Podgorica | 0.2% | 34,356€ | -2.4% | 646€ | 1.9% | 2 | 607€ |
| 55 | Gamma02734583 · Podgorica | 0.2% | 33,240€ | -1.0% | -436€ | -1.3% | 2 | 1,148€ |
| 56 | Compass Business Services03381641 · Podgorica | 0.1% | 28,778€ | +8.9% | -43,674€ | -151.8% | 5 | 668€ |
| 57 | Bigu Academy03245012 · Podgorica | 0.1% | 26,648€ | +12.8% | 3,358€ | 12.6% | 1 | 1,138€ |
| 58 | Selena02430037 · Podgorica | 0.1% | 20,500€ | +0.7% | -4,040€ | -19.7% | 3 | 679€ |
| 59 | Freya 0603365492 · Budva | <0.1% | 19,030€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,992€ | -31.5% | 1 | 675€ |
| 60 | Upsc02823721 · Herceg Novi | <0.1% | 17,401€ | +16.0% | -167€ | -1.0% | 1 | 866€ |
| 61 | Niagara Sports Company03407195 · Berane | <0.1% | 15,802€ | -5.3% | -12,860€ | -81.4% | 1 | 2,387€ |
| 62 | V&Jkop03737233 · Budva | <0.1% | 15,474€ | No filing for 2024. | -5,052€ | -32.6% | 2 | 639€ |
| 63 | Sphere03628493 · Bar | <0.1% | 13,311€ | +271.1% | 3,103€ | 23.3% | 1 | 840€ |
| 64 | Jesenji Maraton03431908 · Bar | <0.1% | 13,071€ | -15.5% | 371€ | 2.8% | 1 | 926€ |
| 65 | Montbel02980363 · Bar | <0.1% | 12,677€ | +1,267,600.0% | -940€ | -7.4% | 2 | 567€ |
| 66 | Kompas Mne03775925 · Herceg Novi | <0.1% | 12,200€ | No filing for 2024. | 148€ | 1.2% | 2 | — |
| 67 | Ip Groilova03426351 · Budva | <0.1% | 12,100€ | +16.3% | -629€ | -5.2% | 1 | 924€ |
| 68 | Alrais Properties03474895 · Podgorica | <0.1% | 12,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -33,197€ | -276.6% | 4 | 627€ |
| 69 | Per Aspera Astra03629457 · Nikšić | <0.1% | 10,449€ | +29.0% | 1,340€ | 12.8% | 1 | — |
| 70 | Monte Medical Montenegro03296024 · Kotor | <0.1% | 9,172€ | -25.7% | -9,392€ | -102.4% | 2 | 463€ |
| 71 | Vape Club03490181 · Bar | <0.1% | 8,776€ | -45.7% | -5,585€ | -63.6% | 1 | 678€ |
| 72 | Arrive03297497 · Bar | <0.1% | 8,750€ | +43.4% | 197€ | 2.3% | 1 | 678€ |
| 73 | Marsel02882744 · Bar | <0.1% | 8,425€ | No filing for 2024. | 1,038€ | 12.3% | 1 | — |
| 74 | Sparkle Design Studio03494055 · Herceg Novi | <0.1% | 7,908€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,939€ | -37.2% | 1 | 771€ |
| 75 | Foothold03481468 · Herceg Novi | <0.1% | 7,821€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -958€ | -12.2% | 1 | 678€ |
| 76 | Arsha Studio03718662 · Bijelo Polje | <0.1% | 6,992€ | +898.9% | -5,919€ | -84.7% | 1 | 943€ |
| 77 | Reg-Os02410940 · Podgorica | <0.1% | 6,872€ | +25.3% | -2,818€ | -41.0% | 1 | — |
| 78 | Tolk03156214 · Kotor | <0.1% | 6,388€ | -76.6% | -11,377€ | -178.1% | 2 | 643€ |
| 79 | Liutyi Consalting03504280 · Budva | <0.1% | 5,731€ | +57.6% | -3,328€ | -58.1% | 1 | 677€ |
| 80 | Barringtonia03729168 · Herceg Novi | <0.1% | 5,500€ | No filing for 2024. | -6,888€ | -125.2% | 1 | 786€ |
| 81 | GDPR-On Point03338908 · Podgorica | <0.1% | 5,321€ | -47.6% | -2,142€ | -40.3% | 1 | — |
| 82 | Skorpenaersh03451372 · Herceg Novi | <0.1% | 4,695€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,957€ | -105.6% | 1 | 675€ |
| 83 | Inter Alliance02765110 · Bar | <0.1% | 4,443€ | +222,050.0% | -11,870€ | -267.2% | 2 | 678€ |
| 84 | Lioka03418103 · Bar | <0.1% | 3,505€ | -64.8% | -6,773€ | -193.2% | 1 | 678€ |
| 85 | Iqo03463150 · Petnjica | <0.1% | 3,500€ | -70.3% | 196€ | 5.6% | 1 | — |
| 86 | Boka Prica03695115 · Herceg Novi | <0.1% | 2,711€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,045€ | -223.0% | 1 | 720€ |
| 87 | Keepinvesting03152642 · Bar | <0.1% | 2,680€ | +103.0% | -6,193€ | -231.1% | 1 | 678€ |
| 88 | Auchmore03720632 · Tivat | <0.1% | 2,420€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,986€ | -247.4% | 0 | — |
| 89 | Lazarcomp03794270 · Bar | <0.1% | 2,189€ | No filing for 2024. | -169€ | -7.7% | 1 | — |
| 90 | DNP03227138 · Bar | <0.1% | 1,401€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,751€ | -624.6% | 1 | 735€ |
| 91 | Gabbijano Trade03773515 · Herceg Novi | <0.1% | 1,382€ | No filing for 2024. | -3,172€ | -229.5% | 1 | 320€ |
| 92 | Port & Yacht Supplies03743217 · Kotor | <0.1% | 1,126€ | No filing for 2024. | -1,611€ | -143.1% | 1 | — |
| 93 | Fenrius03431266 · Bar | <0.1% | 240€ | -88.9% | -8,002€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 94 | Alse Consulting03363040 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,029€ | — | 1 | 844€ |
| 95 | Aso Company03345637 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,802€ | — | 1 | 676€ |
| 96 | Atlantis Consulting03321673 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,499€ | — | 1 | 1,352€ |
| 97 | Banuzal03377873 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,128€ | — | 1 | 922€ |
| 98 | Bar-Coders03199398 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,912€ | — | 1 | 678€ |
| 99 | Bluekaf03771580 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,863€ | — | 1 | — |
| 100 | Bonneu Consulting03347109 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,059€ | — | 1 | 338€ |