AS TARTU TURG
Active Registry code 10319990
AS Tartu linn Registered 13 Nov 1997
AS TARTU TURG is a AS based in Tartu linn, registry code 10319990, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €293 077 with 8 employees.
Turnover
293 077 €
↑ 14.1% vs Q2 2026
State taxes
55 663 €
↓ 3.7% vs Q2 2026
Labour taxes
27 893 €
↓ 10.7% vs Q2 2026
Employees
8
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 293 077 €above 92% of companiesindustry median 15 030 € · companies in the industry: 7 443
- Labour taxes per employee 3 487 €above 93% of companiesindustry median 857 € · companies in the industry: 7 261
- Revenue · 2025 929 753 €above 98% of companiesindustry median 13 620 € · companies in the industry: 30 471
- Net profit margin · 2025 -2.6 %above 21% 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 | 293 077 | 55 663 | 27 893 | 8 |
| Q2 2026 | 256 835 | 57 806 | 31 231 | 8 |
| Q1 2026 | 142 047 | 37 546 | 21 216 | 9 |
| Q4 2025 | 179 178 | 53 359 | 25 974 | 9 |
| Q3 2025 | 274 559 | 68 829 | 29 647 | 8 |
| Q2 2025 | 304 416 | 69 203 | 24 256 | 9 |
| Q1 2025 | 179 667 | 46 831 | 22 690 | 9 |
| Q4 2024 | 195 930 | 48 193 | 22 990 | 7 |
| Q3 2024 | 292 887 | 61 157 | 20 637 | 6 |
| Q2 2024 | 353 315 | 90 133 | 25 045 | 6 |
| Q1 2024 | 178 620 | 32 251 | 22 500 | 6 |
| Q4 2023 | 184 763 | 46 408 | 19 772 | 6 |
| Q3 2023 | 315 602 | 62 159 | 20 694 | 5 |
| Q2 2023 | 310 162 | 55 392 | 18 722 | 6 |
| Q1 2023 | 164 549 | 39 398 | 19 031 | 6 |
| Q4 2022 | 204 308 | 51 816 | 19 144 | 6 |
| Q3 2022 | 305 068 | 54 335 | 19 171 | 6 |
| Q2 2022 | 260 062 | 51 849 | 21 849 | 6 |
| Q1 2022 | 169 476 | 46 959 | 23 329 | 6 |
Labour taxes per employee per month
1 162 €
Turnover per employee in the quarter
36 635 €
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 | 929 753 | -23 874 | 244 605 | 2 399 768 | 1 165 093 | 5 |
| 2024 | 1 015 941 | 75 616 | 216 051 | 2 560 218 | 1 188 967 | 5 |
| 2023 | 983 079 | 73 808 | 211 049 | 2 691 657 | 1 113 351 | 6 |
| 2022 | 939 386 | 36 475 | 204 916 | 2 744 245 | 1 039 543 | 6 |
| 2021 | 842 949 | 110 523 | 244 130 | 2 969 389 | 1 105 516 | 7 |
| 2020 | 815 719 | 115 725 | 222 273 | 2 961 417 | 994 993 | 9 |
| 2019 | 827 398 | 49 085 | 186 047 | 3 019 306 | 879 268 | 7 |
| 2018 | — | — | — | — | — | 9 |
| 2017 | — | — | — | — | — | 24 |
| 2016 | — | — | — | — | — | 31 |
| 2015 | — | — | — | — | — | 30 |
| 2014 | — | — | — | — | — | 28 |
| 2013 | — | — | — | — | — | 29 |
| 2012 | — | — | — | — | — | 32 |
| 2011 | — | — | — | — | — | 33 |
| 2010 | — | — | — | — | — | 34 |
| 2009 | — | — | — | — | — | 32 |
| 2008 | — | — | — | — | — | 35 |
| 2007 | — | — | — | — | — | 36 |
| 2006 | — | — | — | — | — | 36 |
| 2005 | — | — | — | — | — | 36 |
| 2004 | — | — | — | — | — | 38 |
| 2003 | — | — | — | — | — | 38 |
| 2002 | — | — | — | — | — | 40 |
| 2001 | — | — | — | — | — | 44 |
| 2000 | — | — | — | — | — | 53 |
| 1999 | — | — | — | — | — | 54 |
| 1998 | — | — | — | — | — | 49 |
| 1997 | — | — | — | — | — | 53 |
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
-2.6 %
Net profit / revenue
Return on equity (ROE)
-2.0 %
Net profit / equity
Return on assets (ROA)
-1.0 %
Net profit / assets
Equity ratio
48.6 %
Equity / assets
Debt ratio
51.4 %
Liabilities / assets
Current ratio
1.42
Current assets / current liabilities
Revenue per employee
185 951 €
Revenue / average full-time employees
Labour cost per employee per month
4 077 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 12 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 15 May 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 31 May 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 31 May 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 17 Feb 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 12 May 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 3 Jun 2020 | Company’s own · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Priit VärvBoard member · since 30 Jan 2026
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Argo AnnukMember of a senior management body (management or supervisory board) · since 10 Aug 2026
- Martin HallikMember of a senior management body (management or supervisory board) · since 10 Aug 2026
- Priit VärvMember of a senior management body (management or supervisory board) · since 17 Mar 2026
- Indrek KatušinMember of a senior management body (management or supervisory board) · since 28 Jan 2026
- Urmas KlaasRight to appoint or remove most of the management · since 17 Oct 2018
Founders and other persons
- Siim KülaseppAudit firm · 13 May 2026
- KPMG Baltics OÜAudit firm · 13 May 2026
- Martin HallikChairman of the supervisory board · 10 Sep 2026
- Indrek KatušinSupervisory board member · 21 May 2025
- Argo AnnukSupervisory board member · 15 Jul 2026
- Omanikukonto: TARTU LINNAVALITSUSShareholder · 384 000 € · 5 Dec 2025
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 20009883 / 26 21 Aug 2026 |
Amendment entry | In force 21 Aug 2026 |
||
| Ä 20009883 / M13 11 Aug 2026 |
Ruling to correct data outside an entry | 25 Aug 2026 | Deficiencies eliminated 13 Aug 2026 |
|
| Ä 20009883 / 25 3 Feb 2026 |
Amendment entry | In force 3 Feb 2026 |
||
| Ä 20009883 / 24 30 Jan 2026 |
Amendment entry | In force 30 Jan 2026 |
||
| Ä 20009883 / 23 12 Sep 2025 |
Amendment entry | In force 12 Sep 2025 |
||
| Ä 20009883 / M12 3 Sep 2025 |
Ruling to correct data outside an entry | 24 Sep 2025 | Deficiencies eliminated 8 Sep 2025 |
|
| Ä 20009883 / 22 7 Mar 2025 |
Amendment entry | In force 7 Mar 2025 |
||
| Ä 20009883 / 21 18 Feb 2025 |
Amendment entry | In force 18 Feb 2025 |
||
| Ä 20009883 / M11 11 Feb 2025 |
Ruling to eliminate deficiencies | 27 Feb 2025 | Deficiencies eliminated 18 Feb 2025 |
|
| Ä 20009883 / 20 8 Nov 2024 |
Amendment entry | In force 8 Nov 2024 |
||
| Ä 20009883 / M10 5 Nov 2024 |
Ruling to eliminate deficiencies | 8 Dec 2024 | Deficiencies eliminated 8 Nov 2024 |
|
| Ä 20009883 / M9 4 Nov 2024 |
Ruling to eliminate deficiencies | 8 Dec 2024 | Deficiencies eliminated 8 Nov 2024 |
|
| Ä 20009883 / 19 18 May 2022 |
Amendment under Commercial Code § 525 (2) | In force 18 May 2022 |
||
| Ä 20009883 / M8 3 Mar 2022 |
Ruling to correct data outside an entry | 2 Apr 2022 | In force 3 Mar 2022 |
|
| Ä 20009883 / 18 3 Jun 2020 |
Amendment entry | In force 3 Jun 2020 |
||
| Ä 20009883 / 17 28 May 2019 |
Amendment entry | In force 28 May 2019 |
||
| Ä 20009883 / M7 27 May 2019 |
Procedural ruling | 6 Jun 2019 | Deficiencies eliminated 28 May 2019 |
|
| Ä 20009883 / 16 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 20009883 / 15 22 Dec 2017 |
Amendment entry | In force 22 Dec 2017 |
||
| Ä 20009883 / 14 3 Dec 2017 |
Amendment entry | In force 3 Dec 2017 |
||
| Ä 20009883 / 13 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 20009883 / 12 6 Jan 2017 |
Amendment entry | In force 6 Jan 2017 |
||
| Ä 20009883 / M6 8 Sep 2011 |
Ruling to be served | 8 Oct 2011 | In force 8 Sep 2011 |
|
| Ä 20009883 / 11 2 Sep 2011 |
Amendment entry | In force 2 Sep 2011 |
||
| Ä 20009883 / M5 22 Aug 2011 |
Ruling to eliminate deficiencies | 22 Sep 2011 | In force 22 Aug 2011 |
|
| Ä 20009883 / M4 18 Aug 2011 |
Ruling to eliminate deficiencies | 18 Oct 2011 | In force 18 Aug 2011 |
|
| Ä 9883 / M3 6 Feb 2009 |
Ruling to be served | 20 Feb 2009 | Deficiencies eliminated 10 Feb 2009 |
|
| Ä 9883 / 10 3 Dec 2008 |
Deletion of activities from the registry card | In force 20 Dec 2008 |
||
| Ä 9883 / 9 27 Jan 2006 |
Amendment entry | In force 27 Jan 2006 |
||
| Ä 9883 / M2 23 Jan 2006 |
Ruling to eliminate deficiencies (to be served) | In force 26 Jan 2006 |
||
| Ä 9883 / 8 14 Dec 2005 |
Amendment entry | In force | ||
| Ä 9883 / 7 1 Jul 2005 |
Amendment entry | In force | ||
| Ä 9883 / 6 7 Oct 2002 |
Entry decision on the register’s own initiative | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data