Punane Project OÜ
RegisteredKey figures
Ratios
2025Summary: Punane Project OÜ
What kind of company is it?
Punane Project OÜ (registry code 14510696) is a private limited company (OÜ). The company was entered in the Commercial Register in 2018 and has been registered for 8 years. Registered location: Lasnamäe 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 EE102078299).
How is the company doing financially?
Revenue in financial year 2025 was 72 664 €, up 22,3% on the previous year (59 398 €). From 2019 to 2025, revenue declined by an average of 19,0% per year. Financial year 2025 ended with a loss of 269 218 €. The company made a loss in all 7 published financial years. According to the report, the company had no employees in financial year 2025.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 21 443 €, up 11,4% on the same quarter a year earlier.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is UAB "KS Holding".
What should you look out for?
Equity was negative at the end of financial year 2025 (−166 308 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.
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 14.04.2026. 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 | 21 443 € | — | 0 € |
| Q2 2026 | 21 255 € | — | 0 € |
| Q1 2026 | 48 018 € | — | 0 € |
| Q4 2025 | 39 892 € | — | 0 € |
| Q3 2025 | 19 245 € | — | 0 € |
| Q2 2025 | 18 982 € | — | 0 € |
| Q1 2025 | 55 731 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 152 000 | 214 000 | 240 000 | 59 398 | 72 664 |
| Net profit | −272 376 | −256 820 | −267 529 | −427 917 | −269 218 |
| Retained earnings | −684 947 | −957 322 | −1 214 143 | −1 481 672 | −1 909 590 |
| Total assets | 6 877 764 | 6 966 224 | 6 945 195 | 6 811 889 | 7 339 017 |
| Total liabilities | 6 432 587 | 6 777 866 | 6 414 367 | 6 708 978 | 7 505 325 |
| Total equity | 445 177 | 188 358 | 530 828 | 102 911 | −166 308 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | 0 | 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 obligationsAll clear
Data from public registers, not a credit rating.
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