Varamaad Kinnisvara OÜ
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2023Summary: Varamaad Kinnisvara OÜ
What kind of company is it?
Varamaad Kinnisvara OÜ (registry code 11040066) is a private limited company (OÜ). The company was entered in the Commercial Register in 2004 and has been registered for 22 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). The company is registered for VAT (VAT number EE101219936).
How is the company doing financially?
Revenue in financial year 2023 was 468 515 €, up 5,0% on the previous year (446 158 €). From 2019 to 2023, revenue grew by an average of 10,1% per year. This is the company's highest revenue among the published years (2019–2023). Net profit for financial year 2023 was 193 762 € (41,4% of revenue). The company was profitable in all 5 published financial years. According to the report, the company had no employees in financial year 2023. At the end of financial year 2023, total assets were 7 083 550 € and equity 4 208 394 € (59,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, the company declared no turnover in Q3 2026.
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 (66,7%) is held by Osaühing Mändjala Motell.
What should you look out for?
2 annual reports have not been filed on time, the latest for financial year 2025.
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 2023) was filed on 28.06.2024. 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 | 0 € | — | — |
| Q2 2026 | 0 € | — | 0 € |
| Q1 2026 | 0 € | — | — |
| Q4 2025 | 0 € | — | — |
| Q3 2025 | 0 € | — | — |
| Q2 2025 | 0 € | — | 0 € |
| Q1 2025 | 335 978 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2023
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales revenue | 318 727 | 273 830 | 336 607 | 446 158 | 468 515 |
| Net profit | 313 713 | 141 445 | 90 497 | 1 024 752 | 193 762 |
| Retained earnings | 2 299 172 | 2 612 885 | 2 754 330 | 2 844 827 | 3 869 579 |
| Total assets | 6 503 439 | 6 154 069 | 6 097 118 | 7 005 035 | 7 083 550 |
| Total liabilities | 3 745 501 | 3 254 686 | 3 107 238 | 2 990 403 | 2 875 156 |
| Total equity | 2 757 938 | 2 899 383 | 2 989 880 | 4 014 632 | 4 208 394 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 0 | 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 obligations2 issues1 note5 clear
Data from public registers, not a credit rating.
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Change history
2 changes- 12.10.2026*Added: Shareholder Osaühing Mändjala Motell
- 12.10.2026*Left: Shareholder Marek Laanemets
Entered in the register on 02.06.2004.
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.