Tartu Kinnisvarahalduse OÜ
RegisteredKey figures
Ratios
2025Summary: Tartu Kinnisvarahalduse OÜ
What kind of company is it?
Tartu Kinnisvarahalduse OÜ (registry code 11261962) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 20 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is building and rental house management (apartment, housing and building associations etc.) (EMTAK 68321). The company is registered for VAT (VAT number EE101115726).
How is the company doing financially?
Revenue in financial year 2025 was 1 098 545 €, up 11,3% on the previous year (987 237 €). From 2019 to 2025, revenue grew by an average of 26,4% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 62 386 € (5,7% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 15 employees (14 a year earlier). Revenue per employee was 73 236 €. At the end of financial year 2025, total assets were 293 742 € and equity 83 266 € (28,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 326 095 €, up 11,3% on the same quarter a year earlier. The company had 17 employees in that quarter. Labour taxes paid in the quarter: 34 174 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1350 € 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 Heat NRG OÜ.
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 29.06.2026. 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 | 326 095 € | 17 | 34 174 € |
| Q2 2026 | 297 090 € | 18 | 33 059 € |
| Q1 2026 | 303 810 € | 16 | 35 985 € |
| Q4 2025 | 315 639 € | 18 | 31 066 € |
| Q3 2025 | 293 093 € | 16 | 31 161 € |
| Q2 2025 | 255 440 € | 15 | 27 281 € |
| Q1 2025 | 253 753 € | 15 | 24 920 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 233 067 € (93% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 541 327 | 720 690 | 939 130 | 987 237 | 1 098 545 |
| Net profit | 77 308 | 109 606 | 100 734 | −20 366 | 62 386 |
| Retained earnings | 121 853 | 175 161 | 220 767 | 271 501 | 18 068 |
| Total assets | 366 126 | 506 708 | 594 656 | 510 566 | 293 742 |
| Total liabilities | 164 153 | 219 129 | 270 343 | 256 619 | 210 476 |
| Total equity | 201 973 | 287 579 | 324 313 | 253 947 | 83 266 |
| Employees | 11 | 13 | 14 | 14 | 15 |
| Average gross salary (monthly) | 1208 | 1172 | 1155 | 1224 | 1358 |
| Calculated dividend | 0 | 24 000 | 64 000 | 50 000 | 233 067 |
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
5 recordsState aid and de minimis aid in total 13 077 € (2017–2025). Largest grantors: Eesti Töötukassa (13 077 €).
Show all aid records (5)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 5822 € | 28.01.2025 |
| Eesti Töötukassa | Palgatoetus VTA | 3785 € | 27.01.2025 |
| Eesti Töötukassa | Palgatoetus VTA | 659 € | 28.10.2024 |
| Eesti Töötukassa | Tugiisikuga töötamine VTA | 1938 € | 19.12.2019 |
| Eesti Töötukassa | Palgatoetus VTA | 874 € | 01.08.2017 |
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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