ERSTE VARA OÜ

Active Registry code 10695078 OÜ Tartu linn Registered 4 Oct 2000
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ERSTE VARA OÜ is a OÜ based in Tartu linn, registry code 10695078, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €3 144 with employees.

Turnover
3 144 €
↓ 36.8% vs Q2 2026
State taxes
1 745 €
↓ 49.3% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Real estate activities · EMTAK 68

  • Turnover · Q3 2026 3 144 €
    industry median 15 029 € · companies in the industry: 7 444
  • Revenue · 2025 75 182 €
    industry median 13 620 € · companies in the industry: 30 470
  • Net profit margin · 2025 19.2 %
    industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 3 144 € · −36.8% vs Q2 2026 · industry median 15 029 € · above 21% of the industry
05 00010 00015 00020 000Q4 2023 Company: 3 035 € Industry median: 14 897 €Q4·23Q1 2024 Company: 6 119 € Industry median: 15 031 €Q2 2024 Company: 4 117 € Industry median: 14 045 €Q2·24Q3 2024 Company: 6 834 € Industry median: 14 441 €Q4 2024 Company: 6 412 € Industry median: 14 605 €Q4·24Q1 2025 Company: 5 723 € Industry median: 14 686 €Q2 2025 Company: 8 321 € Industry median: 14 302 €Q2·25Q3 2025 Company: 4 557 € Industry median: 14 276 €Q4 2025 Company: 3 391 € Industry median: 14 465 €Q4·25Q1 2026 Company: 5 320 € Industry median: 14 753 €Q2 2026 Company: 4 973 € Industry median: 14 601 €Q2·26Q3 2026 Company: 3 144 € Industry median: 15 029 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 6 412 € Industry median: 14 605 €Q1 2025 Company: 5 723 € Industry median: 14 686 €Q1·25Q2 2025 Company: 8 321 € Industry median: 14 302 €Q3 2025 Company: 4 557 € Industry median: 14 276 €Q3·25Q4 2025 Company: 3 391 € Industry median: 14 465 €Q1 2026 Company: 5 320 € Industry median: 14 753 €Q1·26Q2 2026 Company: 4 973 € Industry median: 14 601 €Q3 2026 Company: 3 144 € Industry median: 15 029 €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.

State taxes, € Q3 2026: 1 745 € · −49.3% vs Q2 2026
01 0002 0003 0004 000Q4 2023 Company: 245 €Q4·23Q1 2024 Company: 217 €Q2 2024 Company: 2 820 €Q2·24Q3 2024 Company: 3 910 €Q4 2024 Company: 919 €Q4·24Q1 2025 Company: 3 517 €Q2 2025 Company: 2 424 €Q2·25Q3 2025 Company: 1 606 €Q4 2025 Company: 1 389 €Q4·25Q1 2026 Company: 2 789 €Q2 2026 Company: 3 439 €Q2·26Q3 2026 Company: 1 745 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 919 €Q1 2025 Company: 3 517 €Q1·25Q2 2025 Company: 2 424 €Q3 2025 Company: 1 606 €Q3·25Q4 2025 Company: 1 389 €Q1 2026 Company: 2 789 €Q1·26Q2 2026 Company: 3 439 €Q3 2026 Company: 1 745 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 3 144 1 745 — —
Q2 2026 4 973 3 439 — —
Q1 2026 5 320 2 789 — —
Q4 2025 3 391 1 389 — —
Q3 2025 4 557 1 606 — —
Q2 2025 8 321 2 424 — —
Q1 2025 5 723 3 517 — —
Q4 2024 6 412 919 — —
Q3 2024 6 834 3 910 — —
Q2 2024 4 117 2 820 — —
Q1 2024 6 119 217 — —
Q4 2023 3 035 245 — —
Q3 2023 6 220 108 — —
Q2 2023 5 526 384 — —
Q1 2023 7 427 — — —
Q4 2022 5 862 235 — —
Q3 2022 3 135 42 — —
Q2 2022 6 610 465 — —
Q1 2022 7 039 1 546 1 161 —

Financials by year

2016 – 2025
Revenue, € 2025: 75 182 € · +6.7% vs 2024 · industry median 13 620 € · above 85% of the industry
020 00040 00060 00080 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 35 507 € Industry median: 10 800 €20192020 Company: 42 446 € Industry median: 10 586 €20202021 Company: 53 206 € Industry median: 11 162 €20212022 Company: 74 599 € Industry median: 11 792 €20222023 Company: 69 352 € Industry median: 12 224 €20232024 Company: 70 457 € Industry median: 12 863 €20242025 Company: 75 182 € Industry median: 13 620 €2025020 00040 00060 00080 0002018 Company: — Industry median: —2019 Company: 35 507 € Industry median: 10 800 €20192020 Company: 42 446 € Industry median: 10 586 €2021 Company: 53 206 € Industry median: 11 162 €20212022 Company: 74 599 € Industry median: 11 792 €2023 Company: 69 352 € Industry median: 12 224 €20232024 Company: 70 457 € Industry median: 12 863 €2025 Company: 75 182 € 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, € 2025: 14 427 € · −60.3% vs 2024 · industry median 283 € · above 83% of the industry
-10 000010 00020 00030 00040 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 464 € Industry median: 205 €20192020 Company: -1 001 € Industry median: 175 €20202021 Company: -7 250 € Industry median: 251 €20212022 Company: 29 599 € Industry median: 161 €20222023 Company: 30 366 € Industry median: 154 €20232024 Company: 36 345 € Industry median: 256 €20242025 Company: 14 427 € Industry median: 283 €2025-10 000010 00020 00030 00040 0002018 Company: — Industry median: —2019 Company: 464 € Industry median: 205 €20192020 Company: -1 001 € Industry median: 175 €2021 Company: -7 250 € Industry median: 251 €20212022 Company: 29 599 € Industry median: 161 €2023 Company: 30 366 € Industry median: 154 €20232024 Company: 36 345 € Industry median: 256 €2025 Company: 14 427 € 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: 19.2 % · −32.4 pp vs the year before · industry median 5.9 % · above 63% of the industry
-2002040602016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1.3 % Industry median: 5.7 %20192020 Company: -2.4 % Industry median: 5.6 %20202021 Company: -13.6 % Industry median: 7.4 %20212022 Company: 39.7 % Industry median: 5.9 %20222023 Company: 43.8 % Industry median: 5.2 %20232024 Company: 51.6 % Industry median: 6.0 %20242025 Company: 19.2 % Industry median: 5.9 %2025-2002040602018 Company: — Industry median: —2019 Company: 1.3 % Industry median: 5.7 %20192020 Company: -2.4 % Industry median: 5.6 %2021 Company: -13.6 % Industry median: 7.4 %20212022 Company: 39.7 % Industry median: 5.9 %2023 Company: 43.8 % Industry median: 5.2 %20232024 Company: 51.6 % Industry median: 6.0 %2025 Company: 19.2 % 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: 160 211 € · −7.0% vs 2024
0501001502002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 120 444 €20192020 Company: 116 633 €20202021 Company: 110 262 €20212022 Company: 177 195 €20222023 Company: 174 487 €20232024 Company: 172 257 €20242025 Company: 160 211 €20250501001502002018 Company: —2019 Company: 120 444 €20192020 Company: 116 633 €2021 Company: 110 262 €20212022 Company: 177 195 €2023 Company: 174 487 €20232024 Company: 172 257 €2025 Company: 160 211 €2025
Equity, € thousand 2025: 147 602 € · +10.8% vs 2024
0501001502002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 107 616 €20192020 Company: 106 615 €20202021 Company: 99 365 €20212022 Company: 128 964 €20222023 Company: 159 330 €20232024 Company: 133 175 €20242025 Company: 147 602 €20250501001502002018 Company: —2019 Company: 107 616 €20192020 Company: 106 615 €2021 Company: 99 365 €20212022 Company: 128 964 €2023 Company: 159 330 €20232024 Company: 133 175 €2025 Company: 147 602 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.20.40.60.81.02016 Company: 1 Industry median: —20162017 Company: 1 Industry median: —20172018 Company: 1 Industry median: 120182019 Company: 1 Industry median: 120192020 Company: 1 Industry median: 120202021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 1 Industry median: 120250.00.20.40.60.81.02018 Company: 1 Industry median: 12019 Company: 1 Industry median: 120192020 Company: 1 Industry median: 12021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 12025 Company: 1 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 75 182 14 427 0 160 211 147 602 1
2024 70 457 36 345 0 172 257 133 175 1
2023 69 352 30 366 0 174 487 159 330 1
2022 74 599 29 599 127 177 195 128 964 1
2021 53 206 -7 250 10 367 110 262 99 365 1
2020 42 446 -1 001 6 358 116 633 106 615 1
2019 35 507 464 14 053 120 444 107 616 1
2018 — — — — — 1
2017 — — — — — 1
2016 — — — — — 1
2015 — — — — — 1
2014 — — — — — 1
2013 — — — — — 1
2012 — — — — — 1
2011 — — — — — 1
2010 — — — — — 1
2009 — — — — — 1
2008 — — — — — 1
2007 — — — — — 0
2006 — — — — — 0
2005 — — — — — 2
2004 — — — — — 0
2003 — — — — — 0
2002 — — — — — 0
2001 — — — — — 1

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
19.2 %
Net profit / revenue
Return on equity (ROE)
9.8 %
Net profit / equity
Return on assets (ROA)
9.0 %
Net profit / assets
Equity ratio
92.1 %
Equity / assets
Debt ratio
7.9 %
Liabilities / assets
Current ratio
4.07
Current assets / current liabilities
Revenue per employee
75 182 €
Revenue / average full-time employees
Labour cost per employee per month
0 €
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 e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 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 30 Sep 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

  • Leho Laht
    Natural person · 2 556 €

Beneficial owners

  • Leho Laht
    Direct ownership · since 4 Oct 2018

Founders and other persons

  • Leho Laht
    Founder · 40 000 € · 4 Oct 2000
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68201Rental and operating of own or leased real estate Main
  • 47121Other non-specialised retail sale

Rulings 7

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 20019160 / 7
1 Sep 2023
 Amendment entry In force
1 Sep 2023
 PDF
Ä 20019160 / M1
10 Jun 2021
 Ruling to correct data outside an entry 24 Jun 2021 Deficiencies eliminated
11 Jun 2021
 PDF
Ä 20019160 / 6
16 Mar 2018
 Amendment entry In force
16 Mar 2018
 PDF
Ä 20019160 / 5
17 Jan 2018
 Amendment entry In force
17 Jan 2018
 PDF
Ä 20019160 / 4
5 Dec 2011
 Amendment entry In force
5 Dec 2011
 PDF
Ä 19160 / 3
3 Dec 2008
 Deletion of activities from the registry card In force
3 Dec 2008
 PDF
Ä 19160 / 2
30 Mar 2003
 Amendment entry In force PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data