VTÜ VARA AS
Active Registry code 10021411
AS Viljandi linn Registered 25 Apr 1996
VTÜ VARA AS is a AS based in Viljandi linn, registry code 10021411, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €98 297 with 5 employees.
Turnover
98 297 €
↑ 5.4% vs Q2 2026
State taxes
29 753 €
↑ 17.2% vs Q2 2026
Labour taxes
12 638 €
↑ 13.4% vs Q2 2026
Employees
5
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 98 297 €above 82% of companiesindustry median 15 030 € · companies in the industry: 7 443
- Labour taxes per employee 2 528 €above 89% of companiesindustry median 857 € · companies in the industry: 7 261
- Revenue · 2025 448 954 €above 98% of companiesindustry median 13 620 € · companies in the industry: 30 471
- Net profit margin · 2025 26.5 %above 68% of companiesindustry median 5.9 % · companies in the industry: 25 043
Taxes and turnover
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 98 297 | 29 753 | 12 638 | 5 |
| Q2 2026 | 93 225 | 25 376 | 11 144 | 5 |
| Q1 2026 | 89 621 | 20 762 | 10 734 | 5 |
| Q4 2025 | 112 834 | 28 720 | 8 952 | 5 |
| Q3 2025 | 122 520 | 35 100 | 12 567 | 5 |
| Q2 2025 | 115 402 | 27 600 | 10 869 | 5 |
| Q1 2025 | 104 262 | 23 822 | 10 768 | 5 |
| Q4 2024 | 109 686 | 23 595 | 8 458 | 5 |
| Q3 2024 | 119 512 | 31 903 | 10 909 | 5 |
| Q2 2024 | 118 950 | 29 211 | 9 716 | 5 |
| Q1 2024 | 100 230 | 20 729 | 9 630 | 4 |
| Q4 2023 | 101 209 | 24 854 | 12 249 | 4 |
| Q3 2023 | 108 164 | 27 349 | 11 776 | 5 |
| Q2 2023 | 117 033 | 26 647 | 10 721 | 5 |
| Q1 2023 | 94 917 | 18 077 | 10 575 | 5 |
| Q4 2022 | 101 738 | 19 178 | 9 016 | 5 |
| Q3 2022 | 101 225 | 19 855 | 10 406 | 5 |
| Q2 2022 | 93 573 | 17 687 | 9 338 | 5 |
| Q1 2022 | 81 281 | 16 261 | 10 315 | 4 |
Labour taxes per employee per month
843 €
Turnover per employee in the quarter
19 659 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 448 954 | 118 931 | 103 084 | 1 791 417 | 1 753 149 | 5 |
| 2024 | 444 110 | 136 772 | 97 202 | 1 669 575 | 1 634 218 | 5 |
| 2023 | 417 441 | 58 320 | 112 201 | 1 533 982 | 1 497 446 | 5 |
| 2022 | 377 289 | 21 470 | 97 224 | 1 480 511 | 1 439 126 | 5 |
| 2021 | 362 711 | 61 817 | 89 277 | 1 451 383 | 1 417 656 | 4 |
| 2020 | 350 611 | 50 294 | 94 994 | 1 390 848 | 1 355 839 | 6 |
| 2019 | 351 587 | 54 282 | 106 630 | 1 339 839 | 1 305 545 | 7 |
| 2018 | — | — | — | — | — | 7 |
| 2017 | — | — | — | — | — | 7 |
| 2016 | — | — | — | — | — | 7 |
| 2015 | — | — | — | — | — | 7 |
| 2014 | — | — | — | — | — | 7 |
| 2013 | — | — | — | — | — | 7 |
| 2012 | — | — | — | — | — | 7 |
| 2011 | — | — | — | — | — | 7 |
| 2010 | — | — | — | — | — | 7 |
| 2009 | — | — | — | — | — | 7 |
| 2008 | — | — | — | — | — | 7 |
| 2007 | — | — | — | — | — | 7 |
| 2006 | — | — | — | — | — | 9 |
| 2005 | — | — | — | — | — | 10 |
| 2004 | — | — | — | — | — | 10 |
| 2003 | — | — | — | — | — | 13 |
| 2002 | — | — | — | — | — | 15 |
| 2001 | — | — | — | — | — | 2 |
| 2000 | — | — | — | — | — | 22 |
| 1999 | — | — | — | — | — | 28 |
| 1998 | — | — | — | — | — | 32 |
| 1997 | — | — | — | — | — | 32 |
Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.
Financial ratios for 2025
Net profit margin
26.5 %
Net profit / revenue
Return on equity (ROE)
6.8 %
Net profit / equity
Return on assets (ROA)
6.6 %
Net profit / assets
Equity ratio
97.9 %
Equity / assets
Debt ratio
2.1 %
Liabilities / assets
Current ratio
30.61
Current assets / current liabilities
Revenue per employee
89 791 €
Revenue / average full-time employees
Labour cost per employee per month
1 718 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 19 Mar 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 4 Apr 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 1 Apr 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 28 Mar 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 28 Mar 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 24 Mar 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 23 Mar 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 2 | 500 000 EEK | AS SEB Pank | 2 Jan 2006 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Thenne MartinsonBoard member · since 2 Sep 2019
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Thenne MartinsonMember of a senior management body (management or supervisory board) · since 17 Feb 2020
- Erich PalmIndirect ownership · since 17 Sep 2018
- Jaak AndersonIndirect ownership · since 17 Sep 2018
- Jaak SulgIndirect ownership · since 17 Sep 2018
- Jaan LukasMember of a senior management body (management or supervisory board) · since 17 Sep 2018
- Kersti RekorIndirect ownership · since 17 Sep 2018
- Margus ToomlaMember of a senior management body (management or supervisory board) · since 17 Sep 2018
- Neeme RoosaarMember of a senior management body (management or supervisory board) · since 17 Sep 2018
- Priit AuleIndirect ownership · since 17 Sep 2018
Founders and other persons
- Ksenja LukkanenAudit firm · 27 Mar 2013
- Neeme RoosaarChairman of the supervisory board · 5 Apr 2023
- Jaan LukasSupervisory board member · 5 Apr 2023
- Margus ToomlaSupervisory board member · 5 Apr 2023
- Omanikukonto: VILJANDI TARBIJATE ÜHISTUShareholder · 44 512 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 68201Rental and operating of own or leased real estate Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 20033347 / M6 3 Apr 2023 |
Ruling to eliminate deficiencies | 3 May 2023 | Deficiencies eliminated 5 Apr 2023 |
|
| Ä 20033347 / M5 11 Sep 2019 |
Ruling to correct data outside an entry | 6 Oct 2019 | Deficiencies eliminated 18 Sep 2019 |
|
| Ä 20033347 / 9 2 Sep 2019 |
Amendment entry | In force 2 Sep 2019 |
||
| Ä 20033347 / M4 5 Apr 2018 |
Ruling to correct data outside an entry | 17 Apr 2018 | Deficiencies eliminated 6 Apr 2018 |
|
| Ä 20033347 / 8 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 20033347 / 7 4 Dec 2017 |
Amendment entry | In force 4 Dec 2017 |
||
| Ä 20033347 / 6 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 20033347 / 5 7 Mar 2014 |
Second (constitutive) merger entry | In force 7 Mar 2014 |
||
| Ä 20033347 / M3 4 Mar 2014 |
Ruling to eliminate deficiencies | 3 Apr 2014 | Deficiencies eliminated 7 Mar 2014 |
|
| Ä 20033347 / 4 10 May 2011 |
Amendment entry | In force 10 May 2011 |
||
| Ä 20033347 / M2 28 Apr 2011 |
Ruling to eliminate deficiencies | 11 Jun 2011 | In force 28 Apr 2011 |
|
| Ä 20033347 / M1 11 Apr 2011 |
Ruling to eliminate deficiencies | 11 Jun 2011 | In force 11 Apr 2011 |
|
| Ä 33347 / 3 3 Dec 2008 |
Deletion of activities from the registry card | In force 29 Dec 2008 |
||
| Ä 33347 / 2 3 Apr 2008 |
Amendment entry | In force 3 Apr 2008 |
||
| K 33348 / 2 3 Apr 2008 |
Compliance with Commercial Code § 33 (7.1) | In force 3 Apr 2008 |
||
| Ä 342 / 8 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| Ä 33347 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| K 33348 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| K 16050 / 3 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| K 16050 / 2 7 Dec 2005 |
Entry decision on the register’s own initiative | In force | ||
| Ä 342 / 7 14 Apr 2005 |
Amendment entry | In force | ||
| Ä 342 / 6 26 Nov 2002 |
Entry decision on the register’s own initiative | In force | ||
| Ä 342 / 5 14 May 2002 |
Unpublished amendment entry | In force | ||
| Ä 342 / M3 29 Apr 2002 |
Ruling to eliminate deficiencies (to be served) | 29 May 2002 | In force | |
| Ä 342 / M2 3 Apr 2002 |
Ruling to eliminate deficiencies (to be served) | 3 Apr 2002 | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data