Teine arendus OÜ
RegisteredKey figures
Ratios
2025Summary: Teine arendus OÜ
What kind of company is it?
Teine arendus OÜ (registry code 16120580) 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: Kesklinna 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 EE102322974).
How is the company doing financially?
Revenue in financial year 2025 was 520 833 €, down 6,7% on the previous year (558 073 €). From 2020/21 to 2025, revenue grew by an average of 37,2% per year. Net profit for financial year 2025 was 5 702 522 € (1095% of revenue). The company was profitable in 1 of the 5 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 24 864 969 € and equity 3 909 350 € (15,7% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 208 327 €, up 30,3% on the same quarter a year earlier.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 3 owners. The largest stake (33,3%) is held by Certus Invest 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 29.06.2026. 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 | 208 327 € | — | 0 € |
| Q2 2026 | 209 740 € | — | 0 € |
| Q1 2026 | 160 113 € | — | 0 € |
| Q4 2025 | 132 030 € | — | 0 € |
| Q3 2025 | 159 837 € | — | 0 € |
| Q2 2025 | 125 884 € | — | 0 € |
| Q1 2025 | 133 098 € | — | 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
| 2020/21 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 147 053 | 478 454 | 466 998 | 558 073 | 520 833 |
| Net profit | −209 811 | −432 142 | −575 541 | −578 678 | 5 702 522 |
| Retained earnings | — | −209 811 | −641 953 | −1 217 494 | −1 796 172 |
| Total assets | 18 274 395 | 18 271 086 | 18 289 144 | 18 524 765 | 24 864 969 |
| Total liabilities | 18 481 206 | 18 910 039 | 19 503 638 | 20 317 937 | 20 955 619 |
| Total equity | −206 811 | −638 953 | −1 214 494 | −1 793 172 | 3 909 350 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 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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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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