aktsiaselts ARAND

Active Registry code 10240981 AS Tartu linn Registered 16 Jul 1997
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aktsiaselts ARAND is a AS based in Tartu linn, registry code 10240981, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €396 488 with 8 employees.

Turnover
396 488 €
↓ 15.0% vs Q2 2026
State taxes
30 328 €
↓ 66.5% vs Q2 2026
Labour taxes
25 325 €
↑ 3.9% vs Q2 2026
Employees
8
+2 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 396 488 €
    industry median 15 030 € · companies in the industry: 7 443
  • Labour taxes per employee 3 166 €
    industry median 857 € · companies in the industry: 7 261
  • Revenue · 2025 1.6 mn €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 101.2 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 396 488 € · −15.0% vs Q2 2026 · industry median 15 030 € · above 94% of the industry
05001 0001 5002 000Q4 2023 Company: 406 584 € Industry median: 14 897 €Q4·23Q1 2024 Company: 442 399 € Industry median: 15 027 €Q2 2024 Company: 435 781 € Industry median: 14 064 €Q2·24Q3 2024 Company: 346 824 € Industry median: 14 462 €Q4 2024 Company: 383 757 € Industry median: 14 610 €Q4·24Q1 2025 Company: 1 925 723 € Industry median: 14 672 €Q2 2025 Company: 381 405 € Industry median: 14 301 €Q2·25Q3 2025 Company: 436 814 € Industry median: 14 273 €Q4 2025 Company: 407 092 € Industry median: 14 464 €Q4·25Q1 2026 Company: 415 264 € Industry median: 14 759 €Q2 2026 Company: 466 661 € Industry median: 14 595 €Q2·26Q3 2026 Company: 396 488 € Industry median: 15 030 €Q3·2605001 0001 5002 000Q4 2024 Company: 383 757 € Industry median: 14 610 €Q1 2025 Company: 1 925 723 € Industry median: 14 672 €Q1·25Q2 2025 Company: 381 405 € Industry median: 14 301 €Q3 2025 Company: 436 814 € Industry median: 14 273 €Q3·25Q4 2025 Company: 407 092 € Industry median: 14 464 €Q1 2026 Company: 415 264 € Industry median: 14 759 €Q1·26Q2 2026 Company: 466 661 € Industry median: 14 595 €Q3 2026 Company: 396 488 € Industry median: 15 030 €Q3·26
  • 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: 3 166 € · −22.0% vs Q2 2026 · industry median 857 € · above 92% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 2 734 € Industry median: 671 €Q4·23Q1 2024 Company: 3 117 € Industry median: 694 €Q2 2024 Company: 4 185 € Industry median: 712 €Q2·24Q3 2024 Company: 4 019 € Industry median: 728 €Q4 2024 Company: 4 019 € Industry median: 727 €Q4·24Q1 2025 Company: 4 210 € Industry median: 780 €Q2 2025 Company: 4 506 € Industry median: 771 €Q2·25Q3 2025 Company: 3 159 € Industry median: 812 €Q4 2025 Company: 3 599 € Industry median: 812 €Q4·25Q1 2026 Company: 4 153 € Industry median: 818 €Q2 2026 Company: 4 061 € Industry median: 828 €Q2·26Q3 2026 Company: 3 166 € Industry median: 857 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 4 019 € Industry median: 727 €Q1 2025 Company: 4 210 € Industry median: 780 €Q1·25Q2 2025 Company: 4 506 € Industry median: 771 €Q3 2025 Company: 3 159 € Industry median: 812 €Q3·25Q4 2025 Company: 3 599 € Industry median: 812 €Q1 2026 Company: 4 153 € Industry median: 818 €Q1·26Q2 2026 Company: 4 061 € Industry median: 828 €Q3 2026 Company: 3 166 € Industry median: 857 €Q3·26
  • 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: 8 · +33.3% vs Q2 2026
02468Q4 2023 Company: 7Q4·23Q1 2024 Company: 7Q2 2024 Company: 6Q2·24Q3 2024 Company: 6Q4 2024 Company: 6Q4·24Q1 2025 Company: 6Q2 2025 Company: 6Q2·25Q3 2025 Company: 6Q4 2025 Company: 6Q4·25Q1 2026 Company: 6Q2 2026 Company: 6Q2·26Q3 2026 Company: 8Q3·2602468Q4 2024 Company: 6Q1 2025 Company: 6Q1·25Q2 2025 Company: 6Q3 2025 Company: 6Q3·25Q4 2025 Company: 6Q1 2026 Company: 6Q1·26Q2 2026 Company: 6Q3 2026 Company: 8Q3·26
State taxes, € Q3 2026: 30 328 € · −66.5% vs Q2 2026
020 00040 00060 00080 000100 000Q4 2023 Company: 45 486 €Q4·23Q1 2024 Company: 38 049 €Q2 2024 Company: 40 533 €Q2·24Q3 2024 Company: 33 638 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 32 382 €Q2 2025 Company: 54 515 €Q2·25Q3 2025 Company: 49 251 €Q4 2025 Company: 55 798 €Q4·25Q1 2026 Company: 98 391 €Q2 2026 Company: 90 432 €Q2·26Q3 2026 Company: 30 328 €Q3·26020 00040 00060 00080 000100 000Q4 2024 Company: 0 €Q1 2025 Company: 32 382 €Q1·25Q2 2025 Company: 54 515 €Q3 2025 Company: 49 251 €Q3·25Q4 2025 Company: 55 798 €Q1 2026 Company: 98 391 €Q1·26Q2 2026 Company: 90 432 €Q3 2026 Company: 30 328 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 396 488 30 328 25 325 8
Q2 2026 466 661 90 432 24 366 6
Q1 2026 415 264 98 391 24 917 6
Q4 2025 407 092 55 798 21 595 6
Q3 2025 436 814 49 251 18 952 6
Q2 2025 381 405 54 515 27 034 6
Q1 2025 1 925 723 32 382 25 258 6
Q4 2024 383 757 — 24 112 6
Q3 2024 346 824 33 638 24 112 6
Q2 2024 435 781 40 533 25 107 6
Q1 2024 442 399 38 049 21 820 7
Q4 2023 406 584 45 486 19 139 7
Q3 2023 302 371 35 683 13 975 6
Q2 2023 373 259 37 940 13 549 4
Q1 2023 427 766 52 258 12 899 4
Q4 2022 449 466 39 817 11 549 4
Q3 2022 343 880 26 428 13 485 4
Q2 2022 346 167 29 555 12 491 4
Q1 2022 343 573 24 702 11 540 4
Labour taxes per employee per month
1 055 €
Turnover per employee in the quarter
49 561 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 1 582 362 € · +9.7% vs 2024 · industry median 13 620 € · above 98% of the industry
05001 0001 5002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 101 671 € Industry median: 10 800 €20192020 Company: 1 058 884 € Industry median: 10 586 €20202021 Company: 1 205 262 € Industry median: 11 162 €20212022 Company: 1 387 695 € Industry median: 11 789 €20222023 Company: 1 410 351 € Industry median: 12 224 €20232024 Company: 1 442 355 € Industry median: 12 853 €20242025 Company: 1 582 362 € Industry median: 13 620 €202505001 0001 5002 0002018 Company: — Industry median: —2019 Company: 1 101 671 € Industry median: 10 800 €20192020 Company: 1 058 884 € Industry median: 10 586 €2021 Company: 1 205 262 € Industry median: 11 162 €20212022 Company: 1 387 695 € Industry median: 11 789 €2023 Company: 1 410 351 € Industry median: 12 224 €20232024 Company: 1 442 355 € Industry median: 12 853 €2025 Company: 1 582 362 € Industry median: 13 620 €2025
  • 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: 1 601 287 € · +408.2% vs 2024 · industry median 283 € · above 98% of the industry
05001 0001 5002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 907 788 € Industry median: 205 €20192020 Company: 508 235 € Industry median: 175 €20202021 Company: 651 174 € Industry median: 251 €20212022 Company: 810 194 € Industry median: 161 €20222023 Company: 990 476 € Industry median: 154 €20232024 Company: 315 105 € Industry median: 256 €20242025 Company: 1 601 287 € Industry median: 283 €202505001 0001 5002 0002018 Company: — Industry median: —2019 Company: 907 788 € Industry median: 205 €20192020 Company: 508 235 € Industry median: 175 €2021 Company: 651 174 € Industry median: 251 €20212022 Company: 810 194 € Industry median: 161 €2023 Company: 990 476 € Industry median: 154 €20232024 Company: 315 105 € Industry median: 256 €2025 Company: 1 601 287 € Industry median: 283 €2025
  • 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: 101.2 % · +79.3 pp vs the year before · industry median 5.9 % · above 91% of the industry
02550751001252016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 82.4 % Industry median: 5.7 %20192020 Company: 48.0 % Industry median: 5.6 %20202021 Company: 54.0 % Industry median: 7.4 %20212022 Company: 58.4 % Industry median: 5.9 %20222023 Company: 70.2 % Industry median: 5.2 %20232024 Company: 21.8 % Industry median: 5.9 %20242025 Company: 101.2 % Industry median: 5.9 %202502550751001252018 Company: — Industry median: —2019 Company: 82.4 % Industry median: 5.7 %20192020 Company: 48.0 % Industry median: 5.6 %2021 Company: 54.0 % Industry median: 7.4 %20212022 Company: 58.4 % Industry median: 5.9 %2023 Company: 70.2 % Industry median: 5.2 %20232024 Company: 21.8 % Industry median: 5.9 %2025 Company: 101.2 % Industry median: 5.9 %2025
  • 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: 17 456 754 € · +8.5% vs 2024
05 00010 00015 00020 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 11 109 525 €20192020 Company: 11 335 172 €20202021 Company: 11 960 445 €20212022 Company: 12 592 868 €20222023 Company: 13 467 282 €20232024 Company: 16 087 604 €20242025 Company: 17 456 754 €202505 00010 00015 00020 0002018 Company: —2019 Company: 11 109 525 €20192020 Company: 11 335 172 €2021 Company: 11 960 445 €20212022 Company: 12 592 868 €2023 Company: 13 467 282 €20232024 Company: 16 087 604 €2025 Company: 17 456 754 €2025
Equity, € thousand 2025: 14 254 951 € · +12.7% vs 2024
05 00010 00015 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 9 407 613 €20192020 Company: 9 915 848 €20202021 Company: 10 567 022 €20212022 Company: 11 377 216 €20222023 Company: 12 367 692 €20232024 Company: 12 653 664 €20242025 Company: 14 254 951 €202505 00010 00015 0002018 Company: —2019 Company: 9 407 613 €20192020 Company: 9 915 848 €2021 Company: 10 567 022 €20212022 Company: 11 377 216 €2023 Company: 12 367 692 €20232024 Company: 12 653 664 €2025 Company: 14 254 951 €2025
Employees 2025: 7 · +0.0% vs 2024 · industry median 1 · above 98% of the industry
024682016 Company: 3 Industry median: —20162017 Company: 2 Industry median: —20172018 Company: 2 Industry median: 120182019 Company: 4 Industry median: 120192020 Company: 7 Industry median: 120202021 Company: 6 Industry median: 120212022 Company: 6 Industry median: 120222023 Company: 6 Industry median: 120232024 Company: 7 Industry median: 120242025 Company: 7 Industry median: 12025024682018 Company: 2 Industry median: 12019 Company: 4 Industry median: 120192020 Company: 7 Industry median: 12021 Company: 6 Industry median: 120212022 Company: 6 Industry median: 12023 Company: 6 Industry median: 120232024 Company: 7 Industry median: 12025 Company: 7 Industry median: 12025
  • 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 1 582 362 1 601 287 208 340 17 456 754 14 254 951 7
2024 1 442 355 315 105 227 396 16 087 604 12 653 664 7
2023 1 410 351 990 476 151 095 13 467 282 12 367 692 6
2022 1 387 695 810 194 126 620 12 592 868 11 377 216 6
2021 1 205 262 651 174 110 531 11 960 445 10 567 022 6
2020 1 058 884 508 235 116 775 11 335 172 9 915 848 7
2019 1 101 671 907 788 85 521 11 109 525 9 407 613 4
2018 — — — — — 2
2017 — — — — — 2
2016 — — — — — 3
2015 — — — — — 1
2014 — — — — — 0
2013 — — — — — 1
2012 — — — — — 1
2011 — — — — — 2
2007 — — — — — 101
2005 — — — — — 23
2004 — — — — — 23
2003 — — — — — 22
2002 — — — — — 19
2001 — — — — — 19
2000 — — — — — 18
1999 — — — — — 25
1998 — — — — — 30

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
101.2 %
Net profit / revenue
Return on equity (ROE)
11.2 %
Net profit / equity
Return on assets (ROA)
9.2 %
Net profit / assets
Equity ratio
81.7 %
Equity / assets
Debt ratio
18.3 %
Liabilities / assets
Current ratio
0.88
Current assets / current liabilities
Revenue per employee
226 052 €
Revenue / average full-time employees
Labour cost per employee per month
2 480 €
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 30 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 20 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 16 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 18 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 21 Aug 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 700 000 EEK Aktsiaselts SEB Eesti Ühispank 3 Sep 1997 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Aivar Arand
    Board member · since 16 Jul 1997

Right of representation

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

Owners

No owner information.

Owner in

Beneficial owners

  • Aivar Arand
    Over 50% of voting rights in the consolidated entity · since 19 Oct 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68201Rental and operating of own or leased real estate Main
  • 68321Management of buildings and rental houses (apartment associations, housing associations, building associations etc.)
  • 96401Intermediation service activities for personal services
  • 9699Other personal service activities n.e.c.
Rulings
Number, date Title Deadline State Document
Ä 20006671 / 15
28 Aug 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
28 Aug 2023
PDF
Ä 20006671 / M5
21 Jun 2021
Procedural ruling 21 Jul 2021 In force
21 Jun 2021
PDF
Ä 20006671 / 14
4 Feb 2021
Entry refused In force
21 Feb 2021
PDF
Ä 20006671 / 13
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20006671 / 12
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 20006671 / 11
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20006671 / 10
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 6671 / 9
3 Dec 2008
Deletion of activities from the registry card In force
22 Dec 2008
PDF
Ä 6671 / 8
28 Aug 2007
Amendment entry In force
28 Aug 2007
PDF
Ä 6671 / M4
24 Jul 2007
Ruling to eliminate deficiencies (to be served) 16 Sep 2007 In force
17 Aug 2007
PDF
Ä 6671 / M3
21 Feb 2007
Ruling to be served 21 Mar 2007 Deficiencies eliminated
22 Feb 2007
PDF
K 7779 / 3
7 Dec 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
Ä 6671 / 7
16 Sep 2004
Amendment entry In force PDF
K 7779 / 2
27 May 2003
Compliance with Commercial Code § 33 (7.1) In force PDF
Ä 6671 / 6
23 May 2003
Amendment entry In force PDF
Ä 6671 / M2
13 Mar 2003
Ruling to eliminate deficiencies (to be served) 14 May 2003 In force PDF
Ä 6671 / 5
20 Nov 2002
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data