AS TARTU TURG
RegisteredKey figures
Ratios
2025Summary: AS TARTU TURG
What kind of company is it?
AS TARTU TURG (registry code 10319990) is a public limited company (AS). The company was entered in the Commercial Register in 1997 and has been registered for 28 years. Registered location: Tartu linn, Tartu 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 EE100017951).
How is the company doing financially?
Revenue in financial year 2025 was 929 753 €, down 8,5% on the previous year (1 015 941 €). From 2019 to 2025, revenue grew by an average of 2,0% per year. Financial year 2025 ended with a loss of 23 874 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 5 employees. Revenue per employee was 185 951 €. At the end of financial year 2025, total assets were 2 399 768 € and equity 1 165 093 € (48,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 293 077 €, up 6,7% on the same quarter a year earlier. The company had 8 employees in that quarter. Labour taxes paid in the quarter: 27 893 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2190 € per month.
Who runs the company and who owns it?
The company has one management board member. The supervisory board has 3 members. The sole owner of the company is TARTU LINNAVALITSUS.
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 12.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 293 077 € | 8 | 27 893 € |
| Q2 2026 | 256 835 € | 8 | 31 231 € |
| Q1 2026 | 142 047 € | 9 | 21 216 € |
| Q4 2025 | 179 178 € | 9 | 25 974 € |
| Q3 2025 | 274 559 € | 8 | 29 647 € |
| Q2 2025 | 304 416 € | 9 | 24 256 € |
| Q1 2025 | 179 667 € | 9 | 22 690 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 842 949 | 939 386 | 983 079 | 1 015 941 | 929 753 |
| Net profit | 110 523 | 36 475 | 73 808 | 75 616 | −23 874 |
| Retained earnings | 572 593 | 580 668 | 617 143 | 690 951 | 766 567 |
| Total assets | 2 969 389 | 2 744 245 | 2 691 657 | 2 560 218 | 2 399 768 |
| Total liabilities | 1 863 873 | 1 704 702 | 1 578 306 | 1 371 251 | 1 234 675 |
| Total equity | 1 105 516 | 1 039 543 | 1 113 351 | 1 188 967 | 1 165 093 |
| Employees | 7 | 6 | 6 | 5 | 5 |
| Average gross salary (monthly) | 2172 | 2127 | 2191 | 2691 | 3047 |
| Calculated dividend | 0 | 102 448 | 0 | 0 | 0 |
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
Data from public registers, not a credit rating.
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State aid and grants
6 recordsState aid and de minimis aid in total 1664 € (2018–2020). Largest grantors: Riigi Tugiteenuste Keskus (1513 €), Põllumajanduse Registrite ja Informatsiooni Amet (151 €).
Show all aid records (6)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Riigi Tugiteenuste Keskus | Muu | 49 € | 22.01.2020 |
| Riigi Tugiteenuste Keskus | Muu | 502 € | 09.01.2020 |
| Riigi Tugiteenuste Keskus | Muu | 429 € | 03.08.2019 |
| Riigi Tugiteenuste Keskus | Muu | 400 € | 21.07.2019 |
| Riigi Tugiteenuste Keskus | Muu | 133 € | 06.11.2018 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Koolitus VTA | 151 € | 14.08.2018 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
Change history
2 changes- 12.10.2026*Added: Chair of the supervisory board Martin Hallik
- 12.10.2026*Left: Supervisory board member Martin Hallik
Entered in the register on 13.11.1997.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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