AS LANDESTE

Active Registry code 10365978 AS Tallinn Registered 23 Jan 1998
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AS LANDESTE is a AS based in Tallinn, registry code 10365978, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €959 590 with 15 employees.

Turnover
959 590 €
↑ 13.8% vs Q2 2026
State taxes
189 581 €
↑ 8.0% vs Q2 2026
Labour taxes
45 536 €
↑ 1.8% vs Q2 2026
Employees
15
±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 959 590 €
    industry median 15 030 € · companies in the industry: 7 443
  • Labour taxes per employee 3 036 €
    industry median 857 € · companies in the industry: 7 261
  • Revenue · 2024 2.9 mn €
    industry median 12 853 € · companies in the industry: 31 545
  • Net profit margin · 2024 248.3 %
    industry median 5.9 % · companies in the industry: 25 591

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 959 590 € · +13.8% vs Q2 2026 · industry median 15 030 € · above 98% of the industry
02505007501 0001 250Q4 2023 Company: 893 566 € Industry median: 14 897 €Q4·23Q1 2024 Company: 889 187 € Industry median: 15 027 €Q2 2024 Company: 794 560 € Industry median: 14 064 €Q2·24Q3 2024 Company: 929 871 € Industry median: 14 462 €Q4 2024 Company: 1 136 365 € Industry median: 14 610 €Q4·24Q1 2025 Company: 875 304 € Industry median: 14 672 €Q2 2025 Company: 845 124 € Industry median: 14 301 €Q2·25Q3 2025 Company: 952 035 € Industry median: 14 273 €Q4 2025 Company: 866 957 € Industry median: 14 464 €Q4·25Q1 2026 Company: 930 336 € Industry median: 14 759 €Q2 2026 Company: 842 873 € Industry median: 14 595 €Q2·26Q3 2026 Company: 959 590 € Industry median: 15 030 €Q3·2602505007501 0001 250Q4 2024 Company: 1 136 365 € Industry median: 14 610 €Q1 2025 Company: 875 304 € Industry median: 14 672 €Q1·25Q2 2025 Company: 845 124 € Industry median: 14 301 €Q3 2025 Company: 952 035 € Industry median: 14 273 €Q3·25Q4 2025 Company: 866 957 € Industry median: 14 464 €Q1 2026 Company: 930 336 € Industry median: 14 759 €Q1·26Q2 2026 Company: 842 873 € Industry median: 14 595 €Q3 2026 Company: 959 590 € 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: 3 036 € · +1.8% vs Q2 2026 · industry median 857 € · above 91% of the industry
01 0002 0003 0004 000Q4 2023 Company: 1 928 € Industry median: 671 €Q4·23Q1 2024 Company: 2 042 € Industry median: 694 €Q2 2024 Company: 1 452 € Industry median: 712 €Q2·24Q3 2024 Company: 3 025 € Industry median: 728 €Q4 2024 Company: 2 230 € Industry median: 727 €Q4·24Q1 2025 Company: 2 871 € Industry median: 780 €Q2 2025 Company: 3 346 € Industry median: 771 €Q2·25Q3 2025 Company: 3 454 € Industry median: 812 €Q4 2025 Company: 2 939 € Industry median: 812 €Q4·25Q1 2026 Company: 3 062 € Industry median: 818 €Q2 2026 Company: 2 982 € Industry median: 828 €Q2·26Q3 2026 Company: 3 036 € Industry median: 857 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 230 € Industry median: 727 €Q1 2025 Company: 2 871 € Industry median: 780 €Q1·25Q2 2025 Company: 3 346 € Industry median: 771 €Q3 2025 Company: 3 454 € Industry median: 812 €Q3·25Q4 2025 Company: 2 939 € Industry median: 812 €Q1 2026 Company: 3 062 € Industry median: 818 €Q1·26Q2 2026 Company: 2 982 € Industry median: 828 €Q3 2026 Company: 3 036 € 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: 15 · +0.0% vs Q2 2026
05101520Q4 2023 Company: 14Q4·23Q1 2024 Company: 15Q2 2024 Company: 16Q2·24Q3 2024 Company: 15Q4 2024 Company: 15Q4·24Q1 2025 Company: 15Q2 2025 Company: 14Q2·25Q3 2025 Company: 14Q4 2025 Company: 15Q4·25Q1 2026 Company: 15Q2 2026 Company: 15Q2·26Q3 2026 Company: 15Q3·26051015Q4 2024 Company: 15Q1 2025 Company: 15Q1·25Q2 2025 Company: 14Q3 2025 Company: 14Q3·25Q4 2025 Company: 15Q1 2026 Company: 15Q1·26Q2 2026 Company: 15Q3 2026 Company: 15Q3·26
State taxes, € thousand Q3 2026: 189 581 € · +8.0% vs Q2 2026
050100150200250Q4 2023 Company: 177 076 €Q4·23Q1 2024 Company: 136 260 €Q2 2024 Company: 111 889 €Q2·24Q3 2024 Company: 116 378 €Q4 2024 Company: 215 213 €Q4·24Q1 2025 Company: 183 110 €Q2 2025 Company: 156 963 €Q2·25Q3 2025 Company: 204 625 €Q4 2025 Company: 207 135 €Q4·25Q1 2026 Company: 197 124 €Q2 2026 Company: 175 611 €Q2·26Q3 2026 Company: 189 581 €Q3·26050100150200250Q4 2024 Company: 215 213 €Q1 2025 Company: 183 110 €Q1·25Q2 2025 Company: 156 963 €Q3 2025 Company: 204 625 €Q3·25Q4 2025 Company: 207 135 €Q1 2026 Company: 197 124 €Q1·26Q2 2026 Company: 175 611 €Q3 2026 Company: 189 581 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 959 590 189 581 45 536 15
Q2 2026 842 873 175 611 44 737 15
Q1 2026 930 336 197 124 45 936 15
Q4 2025 866 957 207 135 44 092 15
Q3 2025 952 035 204 625 48 360 14
Q2 2025 845 124 156 963 46 848 14
Q1 2025 875 304 183 110 43 062 15
Q4 2024 1 136 365 215 213 33 449 15
Q3 2024 929 871 116 378 45 372 15
Q2 2024 794 560 111 889 23 227 16
Q1 2024 889 187 136 260 30 624 15
Q4 2023 893 566 177 076 26 996 14
Q3 2023 937 711 157 863 27 060 14
Q2 2023 801 374 126 243 28 031 13
Q1 2023 883 874 124 619 21 818 15
Q4 2022 860 980 127 060 11 204 16
Q3 2022 1 196 459 171 245 10 890 16
Q2 2022 804 087 103 460 10 582 14
Q1 2022 1 057 393 163 156 10 267 14
Labour taxes per employee per month
1 012 €
Turnover per employee in the quarter
63 973 €

Q3 2026 · calculated from EMTA data

Financials by year

2015 – 2024
Revenue, € thousand 2024: 2 944 972 € · +6.4% vs 2023 · industry median 12 853 € · above 98% of the industry
01 0002 0003 0002015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 276 853 € Industry median: 10 800 €20192020 Company: 1 175 467 € Industry median: 10 586 €20202021 Company: 1 913 997 € Industry median: 11 162 €20212022 Company: 2 314 638 € Industry median: 11 789 €20222023 Company: 2 768 197 € Industry median: 12 224 €20232024 Company: 2 944 972 € Industry median: 12 853 €202401 0002 0003 0002017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 1 276 853 € Industry median: 10 800 €2020 Company: 1 175 467 € Industry median: 10 586 €20202021 Company: 1 913 997 € Industry median: 11 162 €2022 Company: 2 314 638 € Industry median: 11 789 €20222023 Company: 2 768 197 € Industry median: 12 224 €2024 Company: 2 944 972 € Industry median: 12 853 €2024
  • 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 2024: 7 313 778 € · +32.2% vs 2023 · industry median 256 € · above 98% of the industry
02 0004 0006 0008 0002015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 088 222 € Industry median: 205 €20192020 Company: 1 232 230 € Industry median: 175 €20202021 Company: 1 804 654 € Industry median: 251 €20212022 Company: 2 600 780 € Industry median: 161 €20222023 Company: 5 532 295 € Industry median: 154 €20232024 Company: 7 313 778 € Industry median: 256 €202402 0004 0006 0008 0002017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 1 088 222 € Industry median: 205 €2020 Company: 1 232 230 € Industry median: 175 €20202021 Company: 1 804 654 € Industry median: 251 €2022 Company: 2 600 780 € Industry median: 161 €20222023 Company: 5 532 295 € Industry median: 154 €2024 Company: 7 313 778 € Industry median: 256 €2024
  • 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, % 2024: 248.3 % · +48.5 pp vs the year before · industry median 5.9 % · above 98% of the industry
0501001502002502015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 85.2 % Industry median: 5.7 %20192020 Company: 104.8 % Industry median: 5.6 %20202021 Company: 94.3 % Industry median: 7.4 %20212022 Company: 112.4 % Industry median: 5.9 %20222023 Company: 199.9 % Industry median: 5.2 %20232024 Company: 248.3 % Industry median: 5.9 %20240501001502002502017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 85.2 % Industry median: 5.7 %2020 Company: 104.8 % Industry median: 5.6 %20202021 Company: 94.3 % Industry median: 7.4 %2022 Company: 112.4 % Industry median: 5.9 %20222023 Company: 199.9 % Industry median: 5.2 %2024 Company: 248.3 % Industry median: 5.9 %2024
  • Company
  • Industry median

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

Assets, mn € 2024: 156 248 619 € · +13.1% vs 2023
0501001502002015 Company: —20152016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 61 856 927 €20192020 Company: 63 071 780 €20202021 Company: 62 473 609 €20212022 Company: 117 661 192 €20222023 Company: 138 168 711 €20232024 Company: 156 248 619 €20240501001502002017 Company: —2018 Company: —20182019 Company: 61 856 927 €2020 Company: 63 071 780 €20202021 Company: 62 473 609 €2022 Company: 117 661 192 €20222023 Company: 138 168 711 €2024 Company: 156 248 619 €2024
Equity, mn € 2024: 111 819 678 € · +7.0% vs 2023
02550751001252015 Company: —20152016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 57 220 254 €20192020 Company: 58 452 484 €20202021 Company: 60 257 138 €20212022 Company: 98 973 605 €20222023 Company: 104 505 900 €20232024 Company: 111 819 678 €202402550751001252017 Company: —2018 Company: —20182019 Company: 57 220 254 €2020 Company: 58 452 484 €20202021 Company: 60 257 138 €2022 Company: 98 973 605 €20222023 Company: 104 505 900 €2024 Company: 111 819 678 €2024
Employees 2024: 13 · +0.0% vs 2023 · industry median 1 · above 98% of the industry
020 00040 00060 00080 0002015 Company: 7 Industry median: —20152016 Company: 68 201 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 10 Industry median: 120182019 Company: 10 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 7 Industry median: 120212022 Company: 8 Industry median: 120222023 Company: 13 Industry median: 120232024 Company: 13 Industry median: 120240510152017 Company: 0 Industry median: —2018 Company: 10 Industry median: 120182019 Company: 10 Industry median: 12020 Company: 0 Industry median: 120202021 Company: 7 Industry median: 12022 Company: 8 Industry median: 120222023 Company: 13 Industry median: 12024 Company: 13 Industry median: 12024
  • 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
2024 2 944 972 7 313 778 361 771 156 248 619 111 819 678 13
2023 2 768 197 5 532 295 289 778 138 168 711 104 505 900 13
2022 2 314 638 2 600 780 157 662 117 661 192 98 973 605 8
2021 1 913 997 1 804 654 127 490 62 473 609 60 257 138 7
2020 1 175 467 1 232 230 114 757 63 071 780 58 452 484 0
2019 1 276 853 1 088 222 158 768 61 856 927 57 220 254 10
2018 — — — — — 10
2017 — — — — — 0
2016 — — — — — 68 201
2015 — — — — — 7
2014 — — — — — 0
2013 — — — — — 7
2012 — — — — — 7
2011 — — — — — 7
2010 — — — — — 7
2009 — — — — — 7
2008 — — — — — 6
2007 — — — — — 5
2006 — — — — — 6
2005 — — — — — 6
2004 — — — — — 7
2003 — — — — — 7
2002 — — — — — 4

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2024

Net profit margin
248.3 %
Net profit / revenue
Return on equity (ROE)
6.5 %
Net profit / equity
Return on assets (ROA)
4.7 %
Net profit / assets
Equity ratio
71.6 %
Equity / assets
Debt ratio
28.4 %
Liabilities / assets
Current ratio
1.81
Current assets / current liabilities
Revenue per employee
226 536 €
Revenue / average full-time employees
Labour cost per employee per month
2 319 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 27 Jun 2025 Consolidated · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 2 Jul 2024 Consolidated · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 14 Jul 2023 Consolidated · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 13 Jun 2022 Consolidated · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 31 Aug 2021 Consolidated · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 13 May 2021 Consolidated · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Toonart Rääsk
    Board member · since 23 Jan 1998
  • Erik Plaan
    Board member · since 7 Sep 2022

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

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68201Rental and operating of own or leased real estate Main
Rulings
Number, date Title Deadline State Document
Ä 10023456 / M17
18 Aug 2026
Fine for not filing the report 2 Sep 2026 In force
3 Sep 2026
PDF
Ä 10023456 / M16
10 Jul 2026
Warning of a fine: annual report not filed 10 Aug 2026 In force
11 Jul 2026
PDF
Ä 10023456 / 24
26 Jun 2026
Amendment under Code of Civil Procedure § 595¹ (1) In force
26 Jun 2026
PDF
Ä 10023456 / 23
27 Dec 2022
Second (constitutive) merger entry In force
27 Dec 2022
PDF
Ä 10023456 / 22
7 Sep 2022
Amendment entry In force
7 Sep 2022
PDF
Ä 10023456 / M15
23 Feb 2022
Public service of a ruling in Ametlikud Teadaanded In force
23 Feb 2022
PDF
Ä 10023456 / 21
31 Jan 2022
Entry refused: deficiencies not eliminated In force
28 Mar 2022
PDF
Ä 10023456 / M14
23 Dec 2021
Ruling to eliminate deficiencies 22 Jan 2022 In force
23 Dec 2021
PDF
Ä 10023456 / 20
29 Nov 2021
Amendment entry In force
29 Nov 2021
PDF
Ä 10023456 / M13
13 Oct 2021
Public service of a ruling in Ametlikud Teadaanded In force
13 Oct 2021
PDF
Ä 10023456 / M12
1 Oct 2021
Public service of a ruling in Ametlikud Teadaanded In force
1 Oct 2021
PDF
Ä 10023456 / 19
28 Sep 2021
Entry refused: deficiencies not eliminated In force
15 Nov 2021
PDF
Ä 10023456 / M11
15 Sep 2021
Procedural ruling In force
15 Sep 2021
PDF
Ä 10023456 / 18
13 Sep 2021
Entry refused: deficiencies not eliminated In force
2 Nov 2021
PDF
Ä 10023456 / M10
26 Aug 2021
Ruling to eliminate deficiencies 5 Sep 2021 In force
26 Aug 2021
PDF
Ä 10023456 / M9
13 Apr 2021
Warning of a fine: annual report not filed 13 May 2021 Deficiencies eliminated
13 May 2021
PDF
Ä 10023456 / 17
17 Oct 2019
Amendment under Commercial Code § 525 (2) In force
17 Oct 2019
PDF
Ä 10023456 / 16
21 Nov 2018
Second (constitutive) merger entry In force
21 Nov 2018
PDF
Ä 10023456 / 15
21 Feb 2018
Amendment entry In force
21 Feb 2018
PDF
Ä 10023456 / 14
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10023456 / 13
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10023456 / 12
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10023456 / M8
27 Oct 2016
Warning of deletion published in Ametlikud Teadaanded In force
27 Oct 2016
PDF
Ä 10023456 / 11
16 Sep 2016
Amendment entry In force
16 Sep 2016
PDF
Ä 10023456 / M7
4 Aug 2016
Ruling to eliminate deficiencies in the annual report 3 Sep 2016 Deficiencies eliminated
17 Aug 2016
PDF
Ä 10023456 / M6
19 Mar 2016
Warning of deletion from the register: annual report not filed 20 Sep 2016 Deficiencies eliminated
11 Nov 2016
PDF
Ä 10023456 / M5
26 Aug 2015
Ruling to correct data outside an entry 25 Sep 2015 Deficiencies eliminated
3 Sep 2015
PDF
Ä 10023456 / M4
27 May 2014
Warning of deletion from the register: annual report not filed 23 Nov 2014 Deficiencies eliminated
30 Oct 2014
PDF
Ä 10023456 / 10
4 Sep 2012
Amendment entry In force
4 Sep 2012
PDF
Ä 10023456 / 9
2 Feb 2012
Entry refused: deficiencies not eliminated In force
2 Feb 2012
PDF
Ä 10023456 / M3
12 Dec 2011
Ruling to eliminate deficiencies 12 Jan 2012 In force
12 Dec 2011
PDF
Ä 10023456 / 8
10 Nov 2010
Amendment entry In force
10 Nov 2010
PDF
Ä 10023456 / M2
8 Nov 2010
Ruling to eliminate deficiencies 20 Dec 2010 In force
8 Nov 2010
PDF
Ä 23456 / 7
3 Dec 2008
Deletion of activities from the registry card In force
11 Dec 2008
PDF
Ä 23456 / 6
25 Jan 2007
Amendment entry In force
25 Jan 2007
PDF
Ä 23456 / M1
28 Dec 2006
Ruling to eliminate deficiencies (to be served) 17 Feb 2007 In force
3 Jan 2007
PDF
Ä 23456 / 5
3 Aug 2006
Amendment entry In force
3 Aug 2006
PDF
Ä 23456 / 4
29 Jul 2003
Entry decision on the register’s own initiative In force PDF
Ä 23456 / 3
24 Jul 2003
Amendment entry In force PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data