OÜ Vaarmann

Active Registry code 10162376 OÜ Tallinn Registered 10 Jan 1997

OÜ Vaarmann is a OÜ based in Tallinn, registry code 10162376, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €35 577 with 2 employees.

Turnover

35 577 €

↑ 0.3% vs Q2 2026

State taxes

7 493 €

↑ 7.6% vs Q2 2026

Labour taxes

3 164 €

↑ 0.0% vs Q2 2026

Employees

±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Real estate activities · EMTAK 68

Turnover · Q3 2026 35 577 €

above 67% of companies

industry median 15 029 € · companies in the industry: 7 444
Labour taxes per employee 1 582 €

above 78% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 238 705 €

above 93% of companies

industry median 13 620 € · companies in the industry: 30 470
Net profit margin · 2025 -34.4 %

above 10% of companies

industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 35 577 € · +0.3% vs Q2 2026 · industry median 15 029 € · above 67% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 582 € · +0.0% vs Q2 2026 · industry median 857 € · above 78% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 7 493 € · +7.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	35 577	7 493	3 164	2
Q2 2026	35 464	6 966	3 164	2
Q1 2026	42 654	11 770	3 137	2
Q4 2025	39 665	11 437	3 082	2
Q3 2025	38 476	9 078	3 095	2
Q2 2025	48 806	8 942	3 082	2
Q1 2025	41 500	14 619	5 452	2
Q4 2024	38 690	9 011	3 313	2
Q3 2024	38 039	10 634	6 038	2
Q2 2024	40 003	8 904	4 379	3
Q1 2024	44 770	9 767	4 194	3
Q4 2023	41 125	11 473	4 162	3
Q3 2023	36 736	8 641	4 312	3
Q2 2023	40 427	8 423	4 640	3
Q1 2023	41 026	10 619	2 974	3
Q4 2022	72 609	13 981	4 848	3
Q3 2022	36 692	9 638	4 371	3
Q2 2022	38 853	10 577	4 658	3
Q1 2022	353 324	76 244	6 086	4

Labour taxes per employee per month

527 €

Turnover per employee in the quarter

17 789 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 238 705 € · +47.9% vs 2024 · industry median 13 620 € · above 93% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -82 168 € · −117.6% vs 2024 · industry median 283 € · above 2% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -34.4 % · −323.2 pp vs the year before · industry median 5.9 % · above 10% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 1 510 662 € · −11.0% vs 2024

Equity, € thousand 2025: 1 274 701 € · −12.5% vs 2024

Employees 2025: 2 · −33.3% vs 2024 · industry median 1 · above 70% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	238 705	-82 168	33 226	1 510 662	1 274 701	2
2024	161 446	466 260	36 921	1 697 440	1 456 869	3
2023	161 082	358 431	36 367	1 416 291	1 110 609	3
2022	294 147	319 018	39 176	1 170 790	912 178	3
2021	145 699	165 989	41 225	1 375 894	729 682	4
2020	145 473	62 165	41 236	1 326 597	663 693	3
2019	205 459	129 719	45 718	1 113 534	676 190	4
2018	—	—	—	—	—	3
2017	—	—	—	—	—	3
2016	—	—	—	—	—	3
2015	—	—	—	—	—	0
2014	—	—	—	—	—	5
2013	—	—	—	—	—	5
2012	—	—	—	—	—	6
2011	—	—	—	—	—	5
2010	—	—	—	—	—	5
2009	—	—	—	—	—	5
2008	—	—	—	—	—	6
2007	—	—	—	—	—	7
2006	—	—	—	—	—	7
2005	—	—	—	—	—	8
2004	—	—	—	—	—	8
2003	—	—	—	—	—	8
2002	—	—	—	—	—	10
2001	—	—	—	—	—	13
2000	—	—	—	—	—	13
1999	—	—	—	—	—	15
1998	—	—	—	—	—	16

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

-34.4 %

Net profit / revenue

Return on equity (ROE)

-6.4 %

Net profit / equity

Return on assets (ROA)

-5.4 %

Net profit / assets

Equity ratio

84.4 %

Equity / assets

Debt ratio

15.6 %

Liabilities / assets

Current ratio

1.21

Current assets / current liabilities

Revenue per employee

119 353 €

Revenue / average full-time employees

Labour cost per employee per month

1 384 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	26 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	1 Jul 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	19 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	6 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	28 May 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	28 May 2020	Company’s own	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
1	5 000 000 EEK	Aktsiaselts Eesti Krediidipank	14 Mar 1997 – in force

Board

Mati Vaarmann
Board member · since 10 Jan 1997

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Mati Vaarmann
Natural person · 2 556 €

100%

Owner in

OÜ EW Sound & Light
100%
Stanford Music Osaühing
22.50%

Beneficial owners

Mati Vaarmann
Direct ownership · since 19 Oct 2018

Founders and other persons

Inga Kuusik
Audit firm · 29 Jun 2012

shared board members, owners or beneficial owners

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10008265 / 10 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10008265 / 9 16 Jan 2018	Amendment entry	In force 16 Jan 2018	PDF
Ä 10008265 / 8 7 Nov 2017	Amendment entry	In force 7 Nov 2017	PDF
Ä 10008265 / 7 16 Sep 2016	Amendment entry	In force 16 Sep 2016	PDF
Ä 10008265 / 6 9 Jun 2011	Amendment entry	In force 9 Jun 2011	PDF
Ä 8265 / 5 3 Dec 2008	Deletion of activities from the registry card	In force 4 Dec 2008	PDF
Ä 8265 / 4 17 Apr 2003	Transformation entry without a new registry card	In force	PDF
K 11110 / 2 17 Apr 2003	Compliance with Commercial Code § 33 (7.1)	In force	PDF
Ä 8265 / M2 22 Jan 2003	Ruling to eliminate deficiencies (to be served)	In force	PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data

OÜ Vaarmann

Position in the industry Real estate activities · EMTAK 68

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 9