Scandium Kinnisvara AS

Registered
12957803Public limited company (AS)Founded 2015

Key figures

577 332 €−77,0%
Revenue 2025
−7,5%
Average annual change 2019–2025
02 m4 m6 m2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: Scandium Kinnisvara AS

What kind of company is it?

Scandium Kinnisvara AS (registry code 12957803) is a public limited company (AS). The company was entered in the Commercial Register in 2015 and has been registered for 10 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is business and other management consultancy (EMTAK 70201). The company is registered for VAT (VAT number EE101901914).

How is the company doing financially?

Revenue in financial year 2025 was 577 332 €, down 77,0% on the previous year (2 510 244 €). From 2019 to 2025, revenue declined by an average of 7,5% per year. Financial year 2025 ended with a loss of 224 384 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 11 employees (10 a year earlier). Revenue per employee was 52 485 €. At the end of financial year 2025, total assets were 13 924 157 € and equity 6 939 371 € (49,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 120 219 €, up 3,8% on the same quarter a year earlier. The company had 12 employees in that quarter. Labour taxes paid in the quarter: 66 228 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3350 € per month.

Who runs the company and who owns it?

The management board has 2 members. The supervisory board has 3 members.

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 2026120 219 €1266 228 €
Q2 2026123 881 €1353 653 €
Q1 2026192 214 €1152 908 €
Q4 2025134 050 €1245 932 €
Q3 2025115 803 €948 739 €
Q2 2025134 371 €1046 607 €
Q1 2025207 057 €1149 600 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 1 000 000 € (12% of distributable profit).

Low confidence: in the same year part of the retained earnings moved to reserves or share capital, or a contribution was made — the exact dividend is unclear, the lower estimate is shown.

History
dividend other equity decrease
2025 ~1 000 000 €
2024685 497 €+631 903 € other
20230 €
20221560 €+2 032 300 € other
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue44 658234 995351 9322 510 244577 332
Net profit1 032 547−723 392241 252647 453−224 384
Retained earnings4 039 9435 070 9307 816 8957 372 6506 948 400
Total assets15 482 22216 991 25218 772 37018 142 18713 924 157
Total liabilities7 599 43211 865 7149 938 6689 978 4326 984 786
Total equity7 882 7905 125 5388 833 7028 163 7556 939 371
Employees101101011
Average gross salary (monthly)—————
Calculated dividend015600685 4971 000 000

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 note7 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: 2023, 2025
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

46,67%37,33%Scandium Kinnisvara ASMatson Kinnisvara OÜKinnisvaraklubi OÜ6Kalle Aron9+Maido LüisteGreta Lüiste9+Jaak Roosaare4Katrin Aron
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

6 records

State aid and de minimis aid in total 6327 € (2018–2025). Largest grantors: Eesti Töötukassa (5436 €), Elering AS (891 €).

Show all aid records (6)
20255436 €
2021155 €
2020107 €
2019184 €
2018446 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA5436 €17.10.2025
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi98 €31.07.2021
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi56 €28.02.2021
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi107 €30.06.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi184 €31.07.2019
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi446 €10.10.2018

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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