AS Tolaram Investments

Registered
10014351Public limited company (AS)Founded 1996

Key figures

380 000 €−1,8%
Revenue 2025
−4,7%
Average annual change 2019–2025
0200 k400 k600 k800 k2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: AS Tolaram Investments

What kind of company is it?

AS Tolaram Investments (registry code 10014351) is a public limited company (AS). The company was entered in the Commercial Register in 1996 and has been registered for 30 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is renting and operating of own or leased real estate (EMTAK 68201). The company is registered for VAT (VAT number EE100262858).

How is the company doing financially?

Revenue in financial year 2025 was 380 000 €, down 1,8% on the previous year (387 000 €). From 2019 to 2025, revenue declined by an average of 4,7% per year. Net profit for financial year 2025 was 69 000 € (18,2% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 4 employees (8 a year earlier). Revenue per employee was 95 000 €. At the end of financial year 2025, total assets were 23 175 000 € and equity 22 995 000 € (99,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 67 729 €, down 19,5% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 18 721 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1730 € per month.

Who runs the company and who owns it?

The management board has 2 members. The supervisory board has 3 members. The sole owner of the company is TOLARAM CAPITAL PTE. LTD..

Where does the data come from and how fresh is it?

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 22.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202667 729 €718 721 €
Q2 2026173 078 €718 742 €
Q1 2026114 851 €724 345 €
Q4 202594 733 €718 474 €
Q3 202584 173 €718 456 €
Q2 202575 787 €718 476 €
Q1 202585 648 €821 041 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2021–2025
20212022202320242025
Sales revenue513 000725 000547 000387 000380 000
Net profit341 000298 000457 000−99 00069 000
Retained earnings15 110 00015 451 00015 749 00016 206 00016 107 000
Total assets22 990 00023 259 00023 725 00023 350 00023 175 000
Total liabilities720 000691 000700 000424 000180 000
Total equity22 270 00022 568 00023 025 00022 926 00022 995 000
Employees44584
Calculated dividend00000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Risks and obligationsAll clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%AS Tolaram InvestmentsTOLARAM CAPITAL PTE. …9+Tarvo Teder1Viktoria OrlovaKunal Adnani6Narinder Kumar G. Asw…8Urmas Reimand
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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