OÜ LUTSULAND
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: OÜ LUTSULAND
What kind of company is it?
OÜ LUTSULAND (registry code 10666964) is a private limited company (OÜ). The company was entered in the Commercial Register in 2000 and has been registered for 26 years. Registered location: Puhja alevik, Elva vald, 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 EE100633296).
How is the company doing financially?
Revenue in financial year 2025 was 21 409 €, down 1,1% on the previous year (21 645 €). From 2019 to 2025, revenue declined by an average of 15,8% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 132 831 €. The company was profitable in 1 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 10 705 €. At the end of financial year 2025, total assets were 875 308 € and equity 864 243 € (98,7% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 10 203 €, up 114% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 3269 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1140 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
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 17.06.2026. 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 | 10 203 € | 2 | 3269 € |
| Q2 2026 | 11 812 € | 2 | 3269 € |
| Q1 2026 | 11 469 € | 2 | 2430 € |
| Q4 2025 | 4698 € | 2 | 2905 € |
| Q3 2025 | 4771 € | 2 | 2905 € |
| Q2 2025 | 4989 € | 2 | 2855 € |
| Q1 2025 | 5054 € | 2 | 2860 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 20 001 € (2% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 77 037 | 147 365 | 34 547 | 21 645 | 21 409 |
| Net profit | −31 148 | −11 347 | −45 975 | −25 859 | −132 831 |
| Retained earnings | 635 893 | 604 745 | 588 004 | 1 034 497 | 988 637 |
| Total assets | 846 405 | 617 639 | 556 900 | 1 022 309 | 875 308 |
| Total liabilities | 233 223 | 15 198 | 6434 | 5234 | 11 065 |
| Total equity | 613 182 | 602 441 | 550 466 | 1 017 075 | 864 243 |
| Employees | 2 | 2 | 2 | 2 | 2 |
| Average gross salary (monthly) | 1093 | 989 | 997 | 1000 | 984 |
| Calculated dividend | 0 | 0 | 5394 | 0 | 20 001 |
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
3 recordsState aid and de minimis aid in total 2746 € (2015–2016). Largest grantors: SA Keskkonnainvesteeringute Keskus (2746 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 442 € | 24.03.2016 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 1398 € | 11.11.2015 |
| SA Keskkonnainvesteeringute Keskus | Metsa inventeerimine ja metsamajandamiskava koostamine | 906 € | 04.06.2015 |
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 ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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