AS PHOENIX LAND

Registered
10094195Public limited company (AS)Founded 1996

Key figures

107 313 €−15,2%
Revenue 2025
+14,7%
Average annual growth 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025

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

Summary: AS PHOENIX LAND

What kind of company is it?

AS PHOENIX LAND (registry code 10094195) 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 EE100058499).

How is the company doing financially?

Revenue in financial year 2025 was 107 313 €, down 15,2% on the previous year (126 552 €). From 2019 to 2025, revenue grew by an average of 14,7% per year. Net profit for financial year 2025 was 125 282 € (117% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 5 employees. Revenue per employee was 21 463 €. At the end of financial year 2025, total assets were 11 932 348 € and equity 11 446 214 € (95,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 14 836 €, down 39,4% on the same quarter a year earlier. The company had 5 employees in that quarter. Labour taxes paid in the quarter: 13 827 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1780 € 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 INVESTMENTS AS.

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 19.06.2026. 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 202614 836 €513 827 €
Q2 202618 615 €513 408 €
Q1 202634 927 €517 398 €
Q4 202531 927 €514 490 €
Q3 202524 466 €514 441 €
Q2 202530 709 €514 463 €
Q1 202538 119 €514 207 €

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 revenue115 435162 012145 481126 552107 313
Net profit972 096524 515391 503943 579125 282
Retained earnings−27 837 943−26 865 847−26 341 332−25 949 829−23 584 573
Total assets10 465 08711 101 63011 582 74212 642 15511 932 348
Total liabilities2 425 4282 537 4562 627 0652 742 899486 134
Total equity8 039 6598 564 1748 955 6779 899 25611 446 214
Employees55555
Average gross salary (monthly)15551474123113251820
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 PHOENIX LANDTOLARAM INVESTMENTS AS9+Tarvo Teder1Viktoria OrlovaKunal Adnani6Narinder Kumar G. Asw…8Urmas Reimand
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Annual reportsPDF, XBRL

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

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