osaühing Armel Haldus

Active Registry code 10539190 OÜ Tallinn Registered 26 Feb 1999

osaühing Armel Haldus is a OÜ based in Tallinn, registry code 10539190, status: active. Main activity: Management of buildings and rental houses (apartment associations, housing associations, building associations etc.). According to EMTA, turnover for Q3 2026 was €20 399 with 4 employees.

Turnover

20 399 €

↓ 24.1% vs Q2 2026

State taxes

5 188 €

↓ 26.5% vs Q2 2026

Labour taxes

3 604 €

↑ 4.7% vs Q2 2026

Employees

+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 20 399 €

above 56% of companies

industry median 15 030 € · companies in the industry: 7 443
Labour taxes per employee 901 €

above 52% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 39 036 €

above 75% of companies

industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 2025 3.7 %

above 46% of companies

industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 20 399 € · −24.1% vs Q2 2026 · industry median 15 030 € · above 56% 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: 901 € · −47.7% vs Q2 2026 · industry median 857 € · above 52% 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: 4 · +100.0% vs Q2 2026

State taxes, € Q3 2026: 5 188 € · −26.5% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	20 399	5 188	3 604	4
Q2 2026	26 885	7 061	3 443	2
Q1 2026	16 604	3 963	1 962	4
Q4 2025	14 118	3 497	1 912	4
Q3 2025	6 908	1 675	1 066	4
Q2 2025	14 799	5 035	3 152	2
Q1 2025	9 410	2 410	1 492	4
Q4 2024	19 355	4 204	1 571	4
Q3 2024	6 123	712	584	4
Q2 2024	8 506	1 432	1 002	2
Q1 2024	13 865	2 347	1 131	3
Q4 2023	8 797	1 953	1 168	3
Q3 2023	8 088	729	497	2
Q2 2023	7 495	1 245	1 090	1
Q1 2023	10 036	2 037	1 371	3
Q4 2022	20 522	2 404	1 192	3
Q3 2022	4 987	408	427	2
Q2 2022	10 525	1 546	796	2
Q1 2022	5 214	768	453	4

Labour taxes per employee per month

300 €

Turnover per employee in the quarter

5 100 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € 2025: 39 036 € · −11.1% vs 2024 · industry median 13 620 € · above 75% 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, € 2025: 1 430 € · −67.1% vs 2024 · industry median 283 € · above 61% 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: 3.7 % · −6.2 pp vs the year before · industry median 5.9 % · above 46% 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, € 2025: 17 179 € · −23.4% vs 2024

Equity, € 2025: 14 051 € · +8.5% vs 2024

Employees 2025: 2 · +100.0% 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	39 036	1 430	19 753	17 179	14 051	2
2024	43 897	4 343	10 206	22 414	12 956	1
2023	25 379	1 528	9 576	20 186	8 974	1
2022	35 591	-2 535	8 067	9 579	6 750	1
2021	26 644	-5 670	8 055	7 782	3 866	1
2020	33 405	3 130	8 089	9 218	3 902	1
2019	53 772	3 769	15 193	9 645	7 471	2
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	1
2014	—	—	—	—	—	1
2013	—	—	—	—	—	1
2012	—	—	—	—	—	1
2011	—	—	—	—	—	1
2010	—	—	—	—	—	2
2009	—	—	—	—	—	1
2008	—	—	—	—	—	2
2007	—	—	—	—	—	2
2006	—	—	—	—	—	3
2005	—	—	—	—	—	3
2004	—	—	—	—	—	6
2003	—	—	—	—	—	3
2002	—	—	—	—	—	4
2001	—	—	—	—	—	3
2000	—	—	—	—	—	4
1999	—	—	—	—	—	2

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

3.7 %

Net profit / revenue

Return on equity (ROE)

10.2 %

Net profit / equity

Return on assets (ROA)

8.3 %

Net profit / assets

Equity ratio

81.8 %

Equity / assets

Debt ratio

18.2 %

Liabilities / assets

Current ratio

5.11

Current assets / current liabilities

Revenue per employee

19 518 €

Revenue / average full-time employees

Labour cost per employee per month

823 €

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	25 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	27 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	8 Jul 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	28 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	24 Jan 2023	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	28 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	4 Dec 2020	Company’s own	e-Äriregister

Board

Meelis Pääro
Board member · since 22 Dec 2005

Right of representation

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

Owners

Meelis Pääro
Natural person · 40 000 €

100%

Beneficial owners

Meelis Pääro
Over 50% of voting rights in the consolidated entity · since 4 Sep 2018

Founders and other persons

Arne Romanov
Founder · 20 000 € · 26 Feb 1999
Meelis Pääro
Founder · 20 000 € · 26 Feb 1999

shared board members, owners or beneficial owners

Activities (EMTAK)

68321Management of buildings and rental houses (apartment associations, housing associations, building associations etc.) Main
8559Other education n.e.c.

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10038502 / M2 6 Jul 2024	Warning of a fine: annual report not filed	5 Aug 2024	Deficiencies eliminated 9 Jul 2024	PDF
Ä 10038502 / 8 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10038502 / 7 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10038502 / 6 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10038502 / 5 12 Sep 2016	Amendment entry		In force 12 Sep 2016	PDF
Ä 38502 / 4 20 Jul 2009	Deletion of activities from the registry card		In force 20 Jul 2009	PDF
Ä 38502 / 3 22 Dec 2005	Amendment entry		In force	PDF
Ä 38502 / M1 20 Jun 2005	Fine for not filing the report	20 Jul 2005	In force	PDF
Ä 38502 / 2 28 Jun 2002	Unpublished 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

osaühing Armel Haldus

Position in the industry Real estate activities · EMTAK 68

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 9