osaühing CREATES

Active Registry code 10213731 OÜ Tartu linn Registered 4 Jul 1997

osaühing CREATES is a OÜ based in Tartu linn, registry code 10213731, status: active. Main activity: Other education n.e.c.. According to EMTA, turnover for Q3 2026 was €5 529 with 1 employees.

Turnover

5 529 €

↓ 55.4% vs Q2 2026

State taxes

1 754 €

↓ 30.0% vs Q2 2026

Labour taxes

1 004 €

↑ 0.0% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Education · EMTAK 85

Turnover · Q3 2026 5 529 €

above 40% of companies

industry median 8 125 € · companies in the industry: 1 275
Labour taxes per employee 1 004 €

above 39% of companies

industry median 1 194 € · companies in the industry: 2 040
Revenue · 2025 46 672 €

above 91% of companies

industry median 2 268 € · companies in the industry: 7 180
Net profit margin · 2025 10.2 %

above 55% of companies

industry median 6.7 % · companies in the industry: 5 232

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 5 529 € · −55.4% vs Q2 2026 · industry median 8 125 € · above 40% of the industry

Company
Industry median

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

Labour taxes per employee, € Q3 2026: 1 004 € · +0.0% vs Q2 2026 · industry median 1 194 € · above 39% of the industry

Company
Industry median

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

Employees Q3 2026: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 1 754 € · −30.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	5 529	1 754	1 004	1
Q2 2026	12 386	2 506	1 004	1
Q1 2026	13 617	3 755	1 004	1
Q4 2025	10 664	3 149	1 004	1
Q3 2025	8 591	2 438	1 004	1
Q2 2025	13 800	3 195	1 004	1
Q1 2025	10 780	2 355	992	1
Q4 2024	33 400	6 247	968	1
Q3 2024	4 980	1 532	968	1
Q2 2024	14 178	3 129	968	1
Q1 2024	8 274	2 353	968	1
Q4 2023	19 309	4 341	968	1
Q3 2023	14 692	2 946	968	1
Q2 2023	21 365	4 216	968	1
Q1 2023	11 794	2 128	878	1
Q4 2022	14 556	2 725	697	1
Q3 2022	12 023	2 166	697	1
Q2 2022	9 530	1 249	—	1
Q1 2022	10 765	2 363	565	1

Labour taxes per employee per month

335 €

Turnover per employee in the quarter

5 529 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € 2025: 46 672 € · −27.1% vs 2024 · industry median 2 268 € · above 91% of the industry

Company
Industry median

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

Net profit, € 2025: 4 773 € · −80.5% vs 2024 · industry median 136 € · above 80% of the industry

Company
Industry median

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

Net profit margin, % 2025: 10.2 % · −28.0 pp vs the year before · industry median 6.7 % · above 55% of the industry

Company
Industry median

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

Assets, € thousand 2025: 210 567 € · +0.8% vs 2024

Equity, € thousand 2025: 205 061 € · +2.4% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry

Company
Industry median

Industry: Education (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	46 672	4 773	9 634	210 567	205 061	1
2024	64 011	24 466	9 634	208 959	200 288	1
2023	32 921	39 823	9 633	178 538	175 322	1
2022	43 065	24 281	6 810	140 560	135 867	1
2021	44 595	24 555	9 634	131 271	111 585	1
2020	43 989	28 359	9 634	121 284	87 030	1
2019	33 941	4 877	8 397	76 306	58 671	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	1
2014	—	—	—	—	—	1
2013	—	—	—	—	—	1
2012	—	—	—	—	—	1
2011	—	—	—	—	—	1
2010	—	—	—	—	—	1
2009	—	—	—	—	—	1
2007	—	—	—	—	—	1
2006	—	—	—	—	—	1
2005	—	—	—	—	—	1
2004	—	—	—	—	—	1
2003	—	—	—	—	—	1
2002	—	—	—	—	—	1
2001	—	—	—	—	—	1
2000	—	—	—	—	—	1
1999	—	—	—	—	—	1
1998	—	—	—	—	—	1

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

10.2 %

Net profit / revenue

Return on equity (ROE)

2.3 %

Net profit / equity

Return on assets (ROA)

2.3 %

Net profit / assets

Equity ratio

97.4 %

Equity / assets

Debt ratio

2.6 %

Liabilities / assets

Current ratio

20.22

Current assets / current liabilities

Revenue per employee

46 672 €

Revenue / average full-time employees

Labour cost per employee per month

803 €

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	16 Mar 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	11 Jul 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	3 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	4 Apr 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	27 Mar 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	21 Apr 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	7 May 2020	Company’s own	e-Äriregister

Board

Kaupo Saue
Board member · since 4 Jul 1997

Right of representation

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

Owners

Kaupo Saue
Natural person · 2 556 €

100%

Beneficial owners

Kaupo Saue
Direct ownership · since 5 Sep 2018

Founders and other persons

No other persons.

Activities (EMTAK)

85599Other education n.e.c. Main

Rulings 10

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20006524 / M3 11 Jul 2025	Warning of a fine: annual report not filed	10 Aug 2025	Deficiencies eliminated 12 Jul 2025	PDF
Ä 20006524 / 9 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 20006524 / 8 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 20006524 / 7 19 Dec 2017	Amendment entry		In force 19 Dec 2017	PDF
Ä 20006524 / 6 3 Dec 2017	Amendment entry		In force 3 Dec 2017	PDF
Ä 20006524 / M2 26 Feb 2014	Refund of the state fee		In force 26 Feb 2014	PDF
Ä 20006524 / 5 31 Oct 2011	Amendment entry		In force 31 Oct 2011	PDF
Ä 20006524 / 4 7 Oct 2011	Entry refused: deficiencies not eliminated		In force 24 Oct 2011	PDF
Ä 20006524 / M1 14 Jun 2011	Ruling to eliminate deficiencies		In force 14 Jun 2011	PDF
Ä 20006524 / 3 21 Jun 2010	Deletion of activities from the registry card		In force 21 Jun 2010	PDF

Sources: e-Äriregister and EMTA. Data updated 29 Oct 2026. Open at the source ↗ · Report an error in the data