Revenue
16.2% of sector revenue
285 companies earned 74.27m€ in 2025, 16.2% of Arts & entertainment sector revenue. Revenue has grown 4.3× since 2015.
16.2% of sector revenue
188 with at most one employee
Largest employer: Adriatic Marinas (212)
Not shown: one company carries more than half of the profit or loss
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 151–200 of 285
* 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 →
Not shown: one company carries more than half of the profit or loss. The aggregate margin is not shown when fewer than 5 companies have one, or when one company carries more than half of the summed profit and loss; use the median margin and the profitable share instead. Profits that cannot be reconciled with revenue and payroll are left out.
Totals include 8 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 | 17,256,310€ | 56 |
| 2016 | 24,925,907€ | 72 |
| 2017 | 35,541,015€ | 74 |
| 2018 | 35,270,280€ | 85 |
| 2019 | 38,299,890€ | 102 |
| 2020 | 27,781,476€ | 120 |
| 2021 | 41,682,873€ | 129 |
| 2022 | 47,553,230€ | 179 |
| 2023 | 46,364,973€ | 236 |
| 2024 | 56,335,841€ | 263 |
| 2025 (Preliminary) | 74,266,569€ | 285 |
The number of companies jumped most in 2023: from 179 to 236.
<0.1% |
| 4,750€ |
| No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. |
| -13,148€ |
| -276.8% |
| 1 |
| 916€ |
| 153 | Key 98903580105 · Bar | <0.1% | 4,445€ | +244.6% | -6,970€ | -156.8% | 1 | 922€ |
| 154 | Futura Vision03729362 · Berane | <0.1% | 4,409€ | No filing for 2024. | -1,804€ | -40.9% | 1 | 398€ |
| 155 | Photosphera03568385 · Bar | <0.1% | 4,395€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,708€ | -107.1% | 1 | 678€ |
| 156 | Geoschool03424413 · Herceg Novi | <0.1% | 4,231€ | -20.0% | -7,513€ | -177.6% | 1 | 878€ |
| 157 | Monte Vibes Entertainment03752976 · Podgorica | <0.1% | 4,229€ | No filing for 2024. | -318€ | -7.5% | 1 | 327€ |
| 158 | Masej03097510 · Danilovgrad | <0.1% | 4,166€ | +25.1% | 551€ | 13.2% | 1 | — |
| 159 | Magicland Co03784924 · Bar | <0.1% | 4,146€ | No filing for 2024. | -1,932€ | -46.6% | 3 | — |
| 160 | Our Family03081265 · Podgorica | <0.1% | 4,130€ | -6.8% | -1,489€ | -36.1% | 1 | 452€ |
| 161 | Twins PPM03702561 · Herceg Novi | <0.1% | 3,321€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,669€ | -351.4% | 1 | 1,017€ |
| 162 | Zemlja Čuda03786811 · Kotor | <0.1% | 3,318€ | No filing for 2024. | -1,510€ | -45.5% | 1 | — |
| 163 | Happyka03745694 · Budva | <0.1% | 3,155€ | No filing for 2024. | -4,250€ | -134.7% | 0 | — |
| 164 | Vizionarske Skripte03586448 · Budva | <0.1% | 3,150€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,996€ | -190.3% | 1 | 670€ |
| 165 | Yarilo03401693 · Bar | <0.1% | 3,148€ | -94.6% | -5,113€ | -162.4% | 1 | 678€ |
| 166 | Ninnete03760448 · Bar | <0.1% | 3,000€ | No filing for 2024. | 114€ | 3.8% | 1 | — |
| 167 | Saravlato03782158 · Podgorica | <0.1% | 2,880€ | No filing for 2024. | -304€ | -10.6% | 0 | — |
| 168 | Elikidz03513483 · Podgorica | <0.1% | 2,855€ | +41.1% | -14,871€ | -520.9% | 1 | 677€ |
| 169 | Dječiji Park03674436 · Bar | <0.1% | 2,710€ | -59.1% | -75€ | -2.8% | 1 | — |
| 170 | Eko Selo Drobnjak03336093 · Pljevlja | <0.1% | 2,535€ | +512.3% | -1,658€ | -65.4% | 1 | — |
| 171 | Arbor03787460 · Podgorica | <0.1% | 2,517€ | No filing for 2024. | -4,769€ | -189.5% | 0 | — |
| 172 | Wykiwyl Montenegro03324494 · Bar | <0.1% | 2,400€ | -91.8% | -28,949€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 668€ |
| 173 | Chessfirst03503127 · Budva | <0.1% | 2,250€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,627€ | -294.5% | 1 | 670€ |
| 174 | Canyon03454118 · Nikšić | <0.1% | 2,200€ | -82.7% | -1,937€ | -88.0% | 1 | — |
| 175 | Zlatna Iglaski03702863 · Podgorica | <0.1% | 2,145€ | No filing for 2024. | -4,946€ | -230.6% | 1 | 585€ |
| 176 | Swiss Capital Partners03736989 · Tivat | <0.1% | 2,000€ | No filing for 2024. | -6,278€ | -313.9% | 1 | 564€ |
| 177 | Bekolino03276309 · Nikšić | <0.1% | 1,945€ | -56.1% | -8,938€ | -459.5% | 1 | 678€ |
| 178 | Bombastic Fitness Centar03169812 · Nikšić | <0.1% | 1,903€ | -83.5% | -8,761€ | -460.4% | 1 | 677€ |
| 179 | Kaća & Sofija03408582 · Kotor | <0.1% | 1,722€ | -74.7% | -6,193€ | -359.6% | 1 | 360€ |
| 180 | Exploring Montenegro03750868 · Budva | <0.1% | 1,550€ | No filing for 2024. | -3,361€ | -216.8% | 1 | 376€ |
| 181 | Perekhod03379604 · Budva | <0.1% | 1,400€ | +100.0% | -9,850€ | -703.6% | 1 | 926€ |
| 182 | S&N Lion King03699226 · Podgorica | <0.1% | 1,358€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,888€ | -286.3% | 1 | 343€ |
| 183 | Veselov Show03556077 · Bar | <0.1% | 1,250€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,280€ | -582.4% | 1 | 670€ |
| 184 | Komo Group03476928 · Tivat | <0.1% | 1,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,258€ | -841.6% | 1 | 678€ |
| 185 | Lydia Marine Tech LTD03447308 · Podgorica | <0.1% | 1,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,196€ | -654.2% | 1 | 675€ |
| 186 | Kviki03188965 · Podgorica | <0.1% | 1,050€ | -62.1% | -2,795€ | -266.2% | 2 | — |
| 187 | Living Easy03531457 · Budva | <0.1% | 1,050€ | -99.8% | -15,964€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,296€ |
| 188 | Planeta Zabave03767299 · Nikšić | <0.1% | 950€ | No filing for 2024. | -3,658€ | -385.1% | 1 | 365€ |
| 189 | Gugi Shop03792188 · Nikšić | <0.1% | 754€ | No filing for 2024. | -936€ | -124.1% | 1 | — |
| 190 | Gnuchii Family03507599 · Herceg Novi | <0.1% | 750€ | -75.5% | -9,649€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 680€ |
| 191 | Madenn B03290972 · Podgorica | <0.1% | 710€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,429€ | -764.6% | 1 | 339€ |
| 192 | Minidrive03752526 · Podgorica | <0.1% | 600€ | No filing for 2024. | -4,021€ | -670.2% | 1 | 376€ |
| 193 | Relax Centar03300528 · Podgorica | <0.1% | 510€ | -31.1% | -12,169€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 927€ |
| 194 | Net Kashai03463630 · Podgorica | <0.1% | 450€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,749€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 929€ |
| 195 | Tellus03635899 · Bijelo Polje | <0.1% | 240€ | +133.0% | -7,962€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 196 | Marital03441369 · Bar | <0.1% | 200€ | -42.9% | -11,735€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 197 | Kids' Centar03324125 · Nikšić | <0.1% | 170€ | -97.2% | -3,304€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 198 | New Education03396932 · Podgorica | <0.1% | 130€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,528€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 650€ |
| 199 | Discover Podgorica03786099 · Podgorica | <0.1% | 70€ | No filing for 2024. | -2,982€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 0 | — |
| 200 | Roxy03695506 · Podgorica | <0.1% | 25€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,539€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 667€ |