osaühing Finantsvara

Active Registry code 10618505 OÜ Tallinn Registered 16 Dec 1999

osaühing Finantsvara is a OÜ based in Tallinn, registry code 10618505, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €2 648 with 1 employees.

Turnover

2 648 €

↑ 200.6% vs Q2 2026

State taxes

1 549 €

↑ 1 602.2% vs Q2 2026

Labour taxes

930 €

Employees

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

Position in the industry Real estate activities · EMTAK 68

Turnover · Q3 2026 2 648 €

above 19% of companies

industry median 15 030 € · companies in the industry: 7 443
Labour taxes per employee 930 €

above 54% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 15 155 €

above 52% of companies

industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 2025 -643.0 %

above 2% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 2 648 € · +200.6% vs Q2 2026 · industry median 15 030 € · above 19% 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: 930 € · industry median 857 € · above 54% 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: 1

State taxes, € Q3 2026: 1 549 € · +1 602.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	2 648	1 549	930	1
Q2 2026	881	91	—	—
Q1 2026	48 500	15 345	—	—
Q4 2025	2 000	527	—	—
Q3 2025	—	—	—	—
Q2 2025	—	—	—	—
Q1 2025	14 294	6 748	1 155	—
Q4 2024	—	11 068	3 476	—
Q3 2024	—	505	315	—
Q2 2024	—	610	315	—
Q1 2024	—	569	315	—
Q4 2023	1 767	722	315	—
Q3 2023	—	3 997	1 365	—
Q2 2023	458	9 817	3 115	—
Q1 2023	—	605	315	—
Q4 2022	—	15 541	315	—
Q3 2022	2 334	971	315	—
Q2 2022	402	31 279	2 251	—
Q1 2022	—	773	420	—

Labour taxes per employee per month

310 €

Turnover per employee in the quarter

2 648 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € 2025: 15 155 € · +34.4% vs 2024 · industry median 13 620 € · 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.

Net profit, € thousand 2025: -97 454 € · +56.5% vs 2024 · industry median 283 € · above 2% 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: -643.0 % · +1 345.6 pp vs the year before · industry median 5.9 % · above 2% 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, € thousand 2025: 1 399 478 € · −7.6% vs 2024

Equity, € thousand 2025: 1 369 182 € · −7.6% vs 2024

Employees 2025: 0 · industry median 1 · above 2% 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	15 155	-97 454	0	1 399 478	1 369 182	0
2024	11 274	-224 197	0	1 514 939	1 482 236	0
2023	10 650	172	0	1 807 712	1 766 590	0
2022	8 635	-170 848	—	1 878 857	1 821 418	0
2021	1 920	1 712 090	—	2 205 728	2 132 266	0
2020	250	152 428	—	553 284	500 176	0
2019	0	85 857	—	417 684	380 414	0
2018	—	—	—	—	—	0
2017	—	—	—	—	—	0
2016	—	—	—	—	—	0
2015	—	—	—	—	—	0
2014	—	—	—	—	—	0
2013	—	—	—	—	—	0
2012	—	—	—	—	—	0
2011	—	—	—	—	—	0
2010	—	—	—	—	—	0
2009	—	—	—	—	—	0
2008	—	—	—	—	—	0
2007	—	—	—	—	—	0
2006	—	—	—	—	—	0
2005	—	—	—	—	—	0
2004	—	—	—	—	—	0
2003	—	—	—	—	—	0
2001	—	—	—	—	—	12
2000	—	—	—	—	—	12

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

-643.0 %

Net profit / revenue

Return on equity (ROE)

-7.1 %

Net profit / equity

Return on assets (ROA)

-7.0 %

Net profit / assets

Equity ratio

97.8 %

Equity / assets

Debt ratio

2.2 %

Liabilities / assets

Current ratio

102.88

Current assets / current liabilities

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	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	17 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	5 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	23 Aug 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	30 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	14 Sep 2020	Company’s own	e-Äriregister

Board

Raimond Russak
Board member · since 6 Jun 2002

Right of representation

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

Owners

Raimond Russak
Natural person · 2 556 €

100%

Owner in

Beneficial owners

Raimond Russak
Direct ownership · since 31 Oct 2018

Founders and other persons

Erik Mõttus
Founder · 40 000 € · 16 Dec 1999

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main
64991Other financial service activities, except insurance and pension funding n.e.c.

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10045574 / 11 17 Apr 2024	Amendment under Code of Civil Procedure § 595¹ (1)		In force 17 Apr 2024	PDF
Ä 10045574 / 10 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10045574 / 9 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10045574 / 8 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10045574 / 7 22 Oct 2015	Amendment entry		In force 22 Oct 2015	PDF
Ä 10045574 / 6 29 May 2013	Amendment under Commercial Code § 525 (2)		In force 29 May 2013	PDF
Ä 10045574 / 5 17 Oct 2011	Amendment entry		In force 17 Oct 2011	PDF
Ä 10045574 / M1 12 Oct 2011	Ruling to eliminate deficiencies	4 Nov 2011	Deficiencies eliminated 13 Oct 2011	PDF
Ä 45574 / 4 3 Dec 2008	Deletion of activities from the registry card		In force 17 Dec 2008	PDF
Ä 45574 / 3 22 Nov 2007	Amendment entry		In force 22 Nov 2007	PDF
Ä 45574 / 2 6 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