Luise 17 Apartments OÜ
RegisteredKey figures
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2025Summary: Luise 17 Apartments OÜ
What kind of company is it?
Luise 17 Apartments OÜ (registry code 16357885) is a private limited company (OÜ). The company was entered in the Commercial Register in 2021 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 EE102507249).
How is the company doing financially?
Revenue in financial year 2025 was 93 887 €, up 100% on the previous year (46 868 €). From 2021/22 to 2025, revenue declined by an average of 13,4% per year. Net profit for financial year 2025 was 9843 € (10,5% of revenue). The company was profitable in 3 of the 4 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 46 944 €. At the end of financial year 2025, total assets were 96 172 € and equity 9937 € (10,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 52 987 €, up 4,4% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 2835 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1020 € per month.
Who runs the company and who owns it?
The management board has 2 members. The sole owner of the company is a private individual.
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 13.07.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 52 987 € | 2 | 2835 € |
| Q2 2026 | 31 419 € | 2 | 2910 € |
| Q1 2026 | 39 481 € | 2 | 3117 € |
| Q4 2025 | 35 006 € | 2 | 884 € |
| Q3 2025 | 50 740 € | 2 | 2511 € |
| Q2 2025 | 16 925 € | 2 | 2430 € |
| Q1 2025 | 0 € | 2 | 2175 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2022–2025
| 2021/22 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Sales revenue | 144 611 | 168 119 | 46 868 | 93 887 |
| Net profit | 9 | 14 878 | −14 793 | 9843 |
| Retained earnings | 0 | 9 | 14 887 | 94 |
| Total assets | 17 466 | 153 862 | 104 790 | 96 172 |
| Total liabilities | 17 457 | 138 975 | 104 696 | 86 235 |
| Total equity | 9 | 14 887 | 94 | 9937 |
| Employees | 2 | 1 | 2 | 2 |
| Average gross salary (monthly) | 396 | 1028 | 748 | 808 |
| 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 note6 clear
Data from public registers, not a credit rating.
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State aid and grants
1 recordState aid and de minimis aid in total 2663 € (2024). Largest grantors: Eesti Töötukassa (2663 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 2663 € | 01.01.2024 |
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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