OÜ Novo Residences
RegisteredKey figures
Ratios
2025Summary: OÜ Novo Residences
What kind of company is it?
OÜ Novo Residences (registry code 12576596) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 12 years. Registered location: Haabersti 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 EE101681522).
How is the company doing financially?
Revenue in financial year 2025 was 205 089 €, down 2,6% on the previous year (210 617 €). From 2019 to 2025, revenue grew by an average of 22,0% per year. Net profit for financial year 2025 was 93 773 € (45,7% 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 2 563 414 € and equity 1 175 670 € (45,9% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1520 €.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is OÜ INVENIO.
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 31.05.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 1520 € | — | — |
| Q2 2026 | 0 € | — | 0 € |
| Q1 2026 | 0 € | — | 0 € |
| Q4 2025 | 0 € | — | 0 € |
| Q3 2025 | 0 € | — | — |
| Q2 2025 | 2280 € | — | 0 € |
| Q1 2025 | 1485 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 147 755 | 195 185 | 200 204 | 210 617 | 205 089 |
| Net profit | 631 746 | 206 701 | 15 072 | 39 218 | 93 773 |
| Retained earnings | 1 300 420 | 1 932 166 | 2 138 867 | 1 034 346 | 1 073 563 |
| Total assets | 3 657 833 | 3 850 468 | 3 851 119 | 2 710 301 | 2 563 414 |
| Total liabilities | 1 717 333 | 1 703 267 | 1 688 846 | 1 628 403 | 1 387 744 |
| Total equity | 1 940 500 | 2 147 201 | 2 162 273 | 1 081 898 | 1 175 670 |
| Employees | 1 | 1 | 1 | 0 | 0 |
| Average gross salary (monthly) | 600 | 627 | 362 | — | — |
| Calculated dividend | 0 | 0 | 0 | 1 119 593 | 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 obligations1 note7 clear
Data from public registers, not a credit rating.
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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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