Mainor Ülemiste AS
RegisteredKey figures
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2025Summary: Mainor Ülemiste AS
What kind of company is it?
Mainor Ülemiste AS (registry code 10348595) 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: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other real estate management or related activities (EMTAK 68329). The company is registered for VAT (VAT number EE100340893).
How is the company doing financially?
Revenue in financial year 2025 was 13 311 000 €, down 48,1% on the previous year (25 668 000 €). From 2019 to 2025, revenue grew by an average of 19,5% per year. Net profit for financial year 2025 was 2 954 000 € (22,2% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 36 employees (28 a year earlier). Revenue per employee was 369 750 €. At the end of financial year 2025, total assets were 239 030 000 € and equity 187 568 000 € (78,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 3 049 445 €, up 2,5% on the same quarter a year earlier. The company had 37 employees in that quarter. Labour taxes paid in the quarter: 328 934 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 5270 € per month.
Who runs the company and who owns it?
The management board has 2 members. The supervisory board has 7 members.
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. Latest register change: 24.09.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 04.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (48510000BJ8T98H98V05) comes from the GLEIF database. 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 | 3 049 445 € | 37 | 328 934 € |
| Q2 2026 | 3 341 775 € | 37 | 320 392 € |
| Q1 2026 | 3 391 830 € | 39 | 396 863 € |
| Q4 2025 | 6 458 782 € | 39 | 322 986 € |
| Q3 2025 | 2 975 328 € | 38 | 300 356 € |
| Q2 2025 | 3 350 423 € | 38 | 295 603 € |
| Q1 2025 | 16 407 674 € | 38 | 445 009 € |
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
| 2021 † | 2022 † | 2023 † | 2024 † | 2025 † | |
|---|---|---|---|---|---|
| Sales revenue | 5 425 000 | 6 433 000 | 6 118 000 | 25 668 000 | 13 311 000 |
| Net profit | 4 027 000 | 13 263 000 | 1 895 000 | 49 760 000 | 2 954 000 |
| Retained earnings | 79 276 000 | 81 723 000 | 93 447 000 | 86 884 000 | 134 338 000 |
| Total assets | 153 725 000 | 164 139 000 | 172 324 000 | 245 220 000 | 239 030 000 |
| Total liabilities | — | — | — | — | — |
| Total equity | 103 423 000 | 115 106 000 | 115 462 000 | 184 771 000 | 187 568 000 |
| Employees | 19 | 20 | 22 | 28 | 36 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report. † Figures for the marked years come from a report filed as PDF and may be incomplete.
Risks and obligations1 note1 for information5 clear
Data from public registers, not a credit rating.
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State aid and grants
7 recordsState aid and de minimis aid in total 96 783 € (2015–2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (96 783 €).
Show all aid records (7)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 305 € | 26.03.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 51 588 € | 01.09.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 11 456 € | 15.03.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 0 € | 28.09.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 11 865 € | 08.04.2019 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 10 950 € | 12.10.2017 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 10 619 € | 04.12.2015 |
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*Left: Management board member Tanel Olek
- 24.09.2026Registry entry changed
Entered in the register on 29.12.1997.
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).
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