Pikk 40 Apartments OÜ
RegisteredKey figures
Ratios
2025Summary: Pikk 40 Apartments OÜ
What kind of company is it?
Pikk 40 Apartments OÜ (registry code 16102458) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 5 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is hotels (EMTAK 55101). The company is registered for VAT (VAT number EE102315745).
How is the company doing financially?
Revenue in financial year 2025 was 893 824 €, down 5,2% on the previous year (942 935 €). From 2022 to 2025, revenue grew by an average of 1484% per year. Net profit for financial year 2025 was 91 032 € (10,2% of revenue). The company was profitable in 4 of the 5 published financial years. In financial year 2025 the company had 5 employees. Revenue per employee was 178 765 €. At the end of financial year 2025, total assets were 6 322 135 € and equity 238 539 € (3,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 379 963 €, up 14,7% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 11 823 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1330 € per month.
Who runs the company and who owns it?
The management board has 2 members. The sole owner of the company is RARE KAPITAL OÜ.
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 13.08.2026. 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 | 379 963 € | 6 | 11 823 € |
| Q2 2026 | 292 244 € | 6 | 8540 € |
| Q1 2026 | 183 453 € | 5 | 10 529 € |
| Q4 2025 | 211 716 € | 7 | 14 043 € |
| Q3 2025 | 331 308 € | 7 | 17 110 € |
| Q2 2025 | 225 502 € | 8 | 16 850 € |
| Q1 2025 | 187 120 € | 9 | 13 692 € |
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
| 2020/21 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | — | 225 | 369 249 | 942 935 | 893 824 |
| Net profit | 120 | −59 873 | 147 759 | 57 001 | 91 032 |
| Retained earnings | — | 120 | −59 753 | 88 006 | 145 007 |
| Total assets | 1 108 521 | 4 675 072 | 6 387 540 | 6 323 749 | 6 322 135 |
| Total liabilities | 1 108 401 | 4 732 325 | 6 297 034 | 6 176 242 | 6 083 596 |
| Total equity | 120 | −57 253 | 90 506 | 147 507 | 238 539 |
| Employees | 0 | 0 | 2 | 5 | 5 |
| Average gross salary (monthly) | — | — | 1806 | 1758 | 1915 |
| Calculated dividend | — | — | 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 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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