Revenue
0.8% of sector revenue
77 companies earned 3.68m€ in 2025, 0.8% of Arts & entertainment sector revenue. Revenue has grown 2.7× since 2015.
0.8% of sector revenue
62 with at most one employee
Largest employer: Grad-Teatar (31)
Median company -22.9% · 22% 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 51–77 of 77
* 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 7 sole proprietors: 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 | 1,366,091€ | 11 |
| 2016 | 2,069,765€ | 12 |
| 2017 | 2,827,951€ | 12 |
| 2018 | 2,122,123€ | 15 |
| 2019 | 2,314,778€ | 16 |
| 2020 | 1,338,556€ | 21 |
| 2021 | 1,021,284€ | 23 |
| 2022 | 1,260,303€ | 41 |
| 2023 | 2,761,980€ | 59 |
| 2024 | 3,398,461€ | 70 |
| 2025 (Preliminary) | 3,678,078€ | 77 |
The number of companies jumped most in 2022: from 23 to 41.
0.0% |
| 0€ |
| No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. |
| -8,151€ |
| — |
| 1 |
| 677€ |
| 53 | Esfera Montenegro03471152 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,234€ | — | 1 | 929€ |
| 54 | Tilikum03425070 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,202€ | — | 1 | — |
| 55 | Ihelen-Art03663710 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,589€ | — | 1 | 677€ |
| 56 | Ivyart03693350 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,664€ | — | 1 | 889€ |
| 57 | Lauch03465560 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,252€ | — | 1 | 929€ |
| 58 | Leo Group03670520 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,163€ | — | 1 | 678€ |
| 59 | Lunaframe Arts03748464 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -5,178€ | — | 1 | 432€ |
| 60 | Lyutserna03570665 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 61 | Monte Art & Design03215334 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,763€ | — | 1 | 675€ |
| 62 | Narrative Wizards03482685 · Herceg Novi | 0.0% | 0€ | -100.0% | -8,101€ | — | 1 | 675€ |
| 63 | Raissia Montenegro03285880 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,303€ | — | 1 | 1,354€ |
| 64 | Rukola03791793 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -675€ | — | 1 | — |
| 65 | Saturn Six03548015 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,087€ | — | 1 | 924€ |
| 66 | Slavgorodart03809854 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -8€ | — | 0 | — |
| 67 | SM Art Skill Studio03806251 · Podgorica | 0.0% | 0€ | No filing for 2024. | -179€ | — | 1 | — |
| 68 | So Sisters'03531066 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,466€ | — | 1 | 678€ |
| 69 | Sound Solution03795519 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -3,386€ | — | 2 | — |
| 70 | Sova Tailor03500586 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,974€ | — | 1 | 670€ |
| 71 | Srečna Ptica03551270 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,047€ | — | 1 | — |
| 72 | Vero Concept03635724 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,953€ | — | 3 | 633€ |
| 73 | Dijete i Rijec03720080 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -7,312€ | — | 1 | — |
| 74 | Art Salon L'cheh03061485 · Bar | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 75 | Incident In Art03309576 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,549€ | — | 1 | 678€ |
| 76 | Međunarodna Akademija Kozaka Crne Gore02788560 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,031€ | — | 1 | — |
| 77 | Renan Art03737918 · Podgorica | 0.0% | 0€ | No filing for 2024. | -14,530€ | — | 2 | 533€ |