City Vara OÜ

Registered
10808950Private limited company (OÜ)Founded 2001

Key figures

11 740 €+55,7%
Revenue 2025
−1,1%
Average annual change 2019–2025
05 k10 k15 k2019202020212022202320242025

Ratios

2025

Summary: City Vara OÜ

What kind of company is it?

City Vara OÜ (registry code 10808950) 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: Kesklinna 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).

How is the company doing financially?

Revenue in financial year 2025 was 11 740 €, up 55,7% on the previous year (7540 €). From 2019 to 2025, revenue declined by an average of 1,1% per year. Net profit for financial year 2025 was 6657 € (56,7% of revenue). The company was profitable in 6 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 36 698 € and equity 34 665 € (94,5% of assets).

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 2 owners. The largest stake (50,1%) 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 01.07.2026. 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 2026——0 €
Q1 2026——0 €
Q1 2025——0 €

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 revenue13 05397469505754011 740
Net profit4321632258011686657
Retained earnings19 38419 81521 44724 02725 196
Total assets37 26637 88736 90236 42836 698
Total liabilities14 63813 62810 06384212033
Total equity22 62824 25926 83928 00734 665
Employees00000
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 obligations1 note6 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
Filed late: 2025
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.

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49,88%50,12%City Vara OÜ9+Valeriia Paes7Marko Paes
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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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