Ülemiste City Residences OÜ
RegisteredKey figures
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2025Summary: Ülemiste City Residences OÜ
What kind of company is it?
Ülemiste City Residences OÜ (registry code 14578228) 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 guest apartments (EMTAK 55204). The company is registered for VAT (VAT number EE102202560).
How is the company doing financially?
Revenue in financial year 2025 was 1 049 618 €, up 5,0% on the previous year (1 000 107 €). From 2020 to 2025, revenue grew by an average of 42,7% per year. This is the company's highest revenue among the published years (2020–2025). Net profit for financial year 2025 was 11 879 € (1,1% of revenue). The company was profitable in 1 of the 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 143 196 € and equity 39 209 € (27,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 357 758 €, down 0,8% on the same quarter a year earlier.
Who runs the company and who owns it?
The management board has 2 members. The supervisory board has 7 members. The sole owner of the company is MAINOR ÜLEMISTE AS.
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. Latest register change: 05.10.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 12.06.2026. 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 | 357 758 € | — | 0 € |
| Q2 2026 | 307 501 € | — | 0 € |
| Q1 2026 | 277 353 € | — | 0 € |
| Q4 2025 | 295 740 € | — | 0 € |
| Q3 2025 | 360 728 € | — | 0 € |
| Q2 2025 | 237 238 € | — | 0 € |
| Q1 2025 | 257 624 € | — | 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 | 654 877 | 977 260 | 951 109 | 1 000 107 | 1 049 618 |
| Net profit | −227 731 | −96 483 | −84 330 | −78 804 | 11 879 |
| Retained earnings | −172 822 | −400 553 | −497 036 | −581 366 | −660 170 |
| Total assets | 113 972 | 143 980 | 157 494 | 122 277 | 143 196 |
| Total liabilities | 512 025 | 208 516 | 206 360 | 94 947 | 103 987 |
| Total equity | −398 053 | −64 536 | −48 866 | 27 330 | 39 209 |
| 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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Change history
2 changes- 12.10.2026*Left: Management board member Tanel Olek
- 05.10.2026Registry entry changed
Entered in the register on 02.10.2018.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
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