VIK Kinnisvara ASRegistered
Key figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 60 167 € | — | 1082 € |
| Q2 2026 | 45 788 € | — | 1119 € |
| Q1 2026 | 45 288 € | — | 0 € |
| Q4 2025 | 44 888 € | — | 705 € |
| Q3 2025 | 42 488 € | — | 2592 € |
| Q2 2025 | 63 996 € | — | 823 € |
| Q1 2025 | 41 067 € | — | 594 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 645 000 €.
Low confidence: the amount exceeds retained earnings from previous years, from which dividends can be paid by law — probably a merger, an opening balance adjustment or a reporting error.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 503 167 | 4 778 750 | 750 327 | 799 555 | 529 488 | 2 572 459 | 479 977 |
| Total non-current assets | 11 521 794 | 6 995 399 | 10 757 982 | 8 692 738 | 8 465 133 | 6 867 964 | 3 337 097 |
| Total assets | 12 024 961 | 11 774 149 | 11 508 309 | 9 492 293 | 8 994 621 | 9 440 423 | 3 817 074 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 426 015 | 446 781 | 448 900 | 505 904 | 444 402 | 5 563 040 | 43 953 |
| Non-current liabilities | 7 161 723 | 6 754 150 | 6 313 326 | 5 824 759 | 5 586 803 | 64 346 | 52 136 |
| Total liabilities | 7 587 738 | 7 200 931 | 6 762 226 | 6 330 663 | 6 031 205 | 5 627 386 | 96 089 |
| Share capital | 4 347 072 | 4 347 072 | 4 347 072 | 4 350 080 | 4 350 080 | 4 350 080 | 4 350 080 |
| Retained earnings of previous periods | −170 605 | 43 507 | 172 702 | −1 668 690 | −1 971 444 | −1 494 741 | −1 460 044 |
| Profit for the year | 225 381 | 135 995 | 172 865 | 418 153 | 501 786 | 849 621 | 552 948 |
| Reserves and other equity | 35 375 | 46 644 | 53 444 | 62 087 | 82 994 | 108 077 | 278 001 |
| Total equity | 4 437 223 | 4 573 218 | 4 746 083 | 3 161 630 | 2 963 416 | 3 813 037 | 3 720 985 |
| Income statement | |||||||
| Sales revenue | 203 366 | 114 185 | 117 188 | 121 988 | 129 788 | 160 891 | 171 231 |
| Operating profit | 104 042 | 20 522 | 22 634 | 952 | 29 333 | 650 | 72 125 |
| EBITDA | 107 006 | 23 156 | 24 379 | 4175 | 39 218 | 24 074 | 83 400 |
| Profit before income tax | 225 381 | 135 995 | 172 865 | 418 153 | 501 786 | 849 621 | 552 948 |
| Profit for the reporting year | 225 381 | 135 995 | 172 865 | 418 153 | 501 786 | 849 621 | 552 948 |
| Labour costs | 6392 | 5420 | 8837 | 6179 | 4262 | 3879 | 4777 |
| Depreciation of non-current assets | 2964 | 2634 | 1745 | 3223 | 9885 | 23 424 | 11 275 |
| Other indicators | |||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 0 | 0 | 2 002 606 | 700 000 | 0 | 645 000 |
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 note5 clear
Data from public registers, not a credit rating.
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Public procurement
1 contractsPublic contracts won worth 163 500 € from 1 contracting authorities (12.08.2024–12.08.2024).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Laopinna rent | Sihtasutus Teater Vanemuine | 163 500 € | 12.08.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: VIK Kinnisvara AS
Overview
VIK Kinnisvara AS (registry code 11318403) is a public limited company (AS). The company was entered in the Commercial Register in 2006 and has been registered for 19 years. Registered location: Tartu linn, 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 EE101153623).
Financial results
Revenue in financial year 2025 was 171 231 €, up 6,4% on the previous year (160 891 €). From 2019 to 2025, revenue declined by an average of 2,8% per year. Net profit for financial year 2025 was 552 948 € (323% of revenue). The company was profitable in all 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 3 817 074 € and equity 3 720 985 € (97,5% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 60 167 €, up 41,6% on the same quarter a year earlier. Labour taxes paid in the quarter: 1082 €.
Management and owners
The company has one management board member. The supervisory board has 4 members.
Data sources and freshness
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. Latest register change: 21.09.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 21.05.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (894500DHMTJ7E1868D32) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.