Osaühing S.A.CITO

Registered
10797175Private limited company (OÜ)Founded 2001

Key figures

166 858 €−40,1%
Revenue 2025
−17,8%
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: Osaühing S.A.CITO

What kind of company is it?

Osaühing S.A.CITO (registry code 10797175) is a private limited company (OÜ). The company was entered in the Commercial Register in 2001 and has been registered for 25 years. Registered location: Kõrtsialuse küla, Viru-Nigula vald, Lääne-Viru 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 EE100791989).

How is the company doing financially?

Revenue in financial year 2025 was 166 858 €, down 40,1% on the previous year (278 651 €). From 2019 to 2025, revenue declined by an average of 17,8% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 107 520 € (64,4% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 83 429 €. At the end of financial year 2025, total assets were 2 640 859 € and equity 2 640 859 € (100% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 705 €, down 92,5% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 2358 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 880 € 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 (60%) 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 12.05.2026. 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 2026705 €22358 €
Q2 202613 315 €22289 €
Q1 202626 294 €22170 €
Q4 20250 €22211 €
Q3 20259388 €22211 €
Q2 20255400 €22211 €
Q1 202573 050 €22129 €

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 revenue708 010443 307461 127278 651166 858
Net profit260 714267 969534 954205 570107 520
Retained earnings1 211 8291 472 5431 740 5122 275 4662 481 036
Total assets1 606 0001 829 4112 338 3292 534 3982 640 859
Total liabilities81 15436 59610 56010590
Total equity1 524 8461 792 8152 327 7692 533 3392 640 859
Employees22222
Average gross salary (monthly)584654725820886
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
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

60%40%Osaühing S.A.CITOSergei Arefjev2Igor Arefjev
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 751 € (2017–2022). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (721 €), SA Keskkonnainvesteeringute Keskus (30 €).

Show all aid records (2)
202230 €
2017721 €
GrantorPurposeAmountDate
SA Keskkonnainvesteeringute KeskusVäljaspool Natura 2000 võrgustiku ala asuvate erametsaalade looduskaitseliste piirangute hüvitamise toetus30 €10.11.2022

The total also includes 1 tax reductions worth 721 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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
YearFiles
2025PDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL
2019DDOC/BDOCPDFXBRL

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

Related companies

Largest in the same sector — Real estate
Same activity — Renting and operating of own or leased real estate
Same address

We use analytics cookies to understand how the Service is used. Read more.