osaühing VANALINNA EHITUS

Active Registry code 10727861 OÜ Tallinn Registered 9 Feb 2001

osaühing VANALINNA EHITUS is a OÜ based in Tallinn, registry code 10727861, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €4 933 182 with 35 employees.

Turnover

4 933 182 €

↑ 12.9% vs Q2 2026

State taxes

6 186 €

↓ 98.4% vs Q2 2026

Labour taxes

231 225 €

↓ 22.3% vs Q2 2026

Employees

−4 vs Q2 2026

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

Turnover · Q3 2026 4.9 mn €

above 98% of companies

industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee 6 606 €

above 98% of companies

industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025 28.3 mn €

above 98% of companies

industry median 38 239 € · companies in the industry: 6 999
Net profit margin · 2025 0.0 %

above 31% of companies

industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 4 933 182 € · +12.9% vs Q2 2026 · industry median 25 252 € · above 98% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 6 606 € · −13.5% vs Q2 2026 · industry median 1 211 € · above 98% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 35 · −10.3% vs Q2 2026

State taxes, € thousand Q3 2026: 6 186 € · −98.4% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	4 933 182	6 186	231 225	35
Q2 2026	4 370 022	383 557	297 713	39
Q1 2026	4 798 879	483 217	306 703	47
Q4 2025	5 751 062	251 374	276 310	41
Q3 2025	7 996 720	469 379	269 630	50
Q2 2025	7 147 491	308 113	246 772	54
Q1 2025	4 610 470	320 993	259 263	50
Q4 2024	5 542 460	263 410	224 995	51
Q3 2024	5 710 395	431 919	249 784	49
Q2 2024	4 820 814	225 815	179 270	54
Q1 2024	5 136 622	36 772	212 209	44
Q4 2023	8 042 011	743 541	162 526	45
Q3 2023	3 845 654	238 008	135 617	43
Q2 2023	2 271 817	190 552	140 126	40
Q1 2023	4 191 187	382 832	136 481	31
Q4 2022	4 583 448	248 730	156 304	33
Q3 2022	3 670 033	194 200	136 687	42
Q2 2022	3 224 836	215 815	129 628	36
Q1 2022	1 757 725	125 879	147 083	39

Labour taxes per employee per month

2 202 €

Turnover per employee in the quarter

140 948 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 28 313 398 € · +14.6% vs 2024 · industry median 38 239 € · above 98% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 10 522 € · −98.7% vs 2024 · industry median 411 € · above 76% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 0.0 % · −3.2 pp vs the year before · industry median 3.5 % · above 31% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 9 112 340 € · +7.5% vs 2024

Equity, € thousand 2025: 3 767 219 € · −6.0% vs 2024

Employees 2025: 90 · −5.3% vs 2024 · industry median 2 · above 98% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (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	28 313 398	10 522	3 760 042	9 112 340	3 767 219	90
2024	24 713 334	797 347	3 938 579	8 480 491	4 006 697	95
2023	22 305 150	1 894 447	3 552 468	11 215 470	3 859 350	85
2022	18 144 985	787 427	2 745 905	6 281 868	2 207 478	74
2021	16 284 675	-466 469	3 049 848	3 744 956	1 420 052	99
2020	18 029 414	935 657	3 585 053	6 237 747	2 448 166	119
2019	11 433 388	703 472	2 726 874	3 601 577	1 566 900	104
2018	—	—	—	—	—	81
2017	—	—	—	—	—	70
2016	—	—	—	—	—	82
2015	—	—	—	—	—	67
2014	—	—	—	—	—	63
2013	—	—	—	—	—	69
2012	—	—	—	—	—	72
2011	—	—	—	—	—	59
2010	—	—	—	—	—	61
2009	—	—	—	—	—	67
2008	—	—	—	—	—	70
2007	—	—	—	—	—	67
2006	—	—	—	—	—	32
2004	—	—	—	—	—	9
2003	—	—	—	—	—	8
2002	—	—	—	—	—	5

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

0.0 %

Net profit / revenue

Return on equity (ROE)

0.3 %

Net profit / equity

Return on assets (ROA)

0.1 %

Net profit / assets

Equity ratio

41.3 %

Equity / assets

Debt ratio

58.7 %

Liabilities / assets

Current ratio

1.69

Current assets / current liabilities

Revenue per employee

314 593 €

Revenue / average full-time employees

Labour cost per employee per month

3 482 €

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 · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	30 Jun 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	4 May 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	26 Jun 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	20 May 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	10 Sep 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
4	340 000 €	Swedbank AS	5 Jul 2021 – in force
3	244 000 €	Swedbank AS	25 Sep 2019 – in force
2	221 000 €	Swedbank AS	27 May 2014 – in force
1	195 000 €	Swedbank AS	1 Nov 2013 – in force

Board

Kaidur Karba
Board member · since 24 Aug 2023
Aet Urvast
Board member · since 3 Nov 2025

Right of representation

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

Owners

KK Investeeringud OÜ
Legal person · 11807697 · 6 392 €

100%

Beneficial owners

Kaidur Karba
Direct ownership · since 15 Oct 2018

Founders and other persons

TC Group Baltic osaühing
Founder · 40 000 € · 9 Feb 2001
Ilmar Tälli
Audit firm · 7 Jun 2010
TPMM Nordic OÜ
Audit firm · 6 Jun 2012

shared board members, owners or beneficial owners

Activities (EMTAK)

41001Construction of residential and non-residential buildings Main

Rulings 29

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10054513 / 26 3 Nov 2025	Amendment entry		In force 3 Nov 2025	PDF
Ä 10054513 / 25 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10054513 / 24 24 Aug 2023	Amendment entry		In force 24 Aug 2023	PDF
Ä 10054513 / M6 18 Aug 2023	Ruling to correct data outside an entry	28 Aug 2023	Deficiencies eliminated 21 Aug 2023	PDF
Ä 10054513 / 23 2 May 2023	Amendment entry		In force 2 May 2023	PDF
K 10054513 / 22 5 Jul 2021	Commercial pledge entered		In force 5 Jul 2021	PDF
K 10054513 / 21 25 Sep 2019	Commercial pledge entered		In force 25 Sep 2019	PDF
Ä 10054513 / M5 17 Sep 2018	Ruling to correct data outside an entry	1 Oct 2018	Deficiencies eliminated 17 Sep 2018	PDF
Ä 10054513 / 20 14 Sep 2018	Amendment entry		In force 14 Sep 2018	PDF
Ä 10054513 / 19 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10054513 / 18 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10054513 / 17 30 Oct 2017	Amendment entry		In force 30 Oct 2017	PDF
Ä 10054513 / 16 23 Sep 2016	Amendment entry		In force 23 Sep 2016	PDF
K 10054513 / 15 20 Oct 2015	Commercial pledge amended		In force 20 Oct 2015	PDF
K 10054513 / 14 20 Oct 2015	Commercial pledge amended		In force 20 Oct 2015	PDF
Ä 10054513 / M4 2 Feb 2015	Refund of the state fee		In force 2 Feb 2015	PDF
Ä 10054513 / M3 26 Jan 2015	Ruling to correct data outside an entry	25 Feb 2015	Deficiencies eliminated 26 Jan 2015	PDF
K 10054513 / 13 27 May 2014	Commercial pledge entered		In force 27 May 2014	PDF
K 10054513 / 12 27 May 2014	Commercial pledge amended		In force 27 May 2014	PDF
K 10054513 / 11 1 Nov 2013	Commercial pledge entered		In force 1 Nov 2013	PDF
Ä 10054513 / 10 8 Aug 2011	Amendment entry		In force 8 Aug 2011	PDF
Ä 10054513 / M2 22 Jul 2011	Ruling to eliminate deficiencies	30 Aug 2011	In force 22 Jul 2011	PDF
Ä 54513 / 9 11 Jan 2010	Amendment entry		In force 11 Jan 2010	PDF
Ä 54513 / M1 7 Jan 2010	Ruling to eliminate deficiencies	10 Feb 2010	In force 7 Jan 2010	PDF
Ä 54513 / 8 8 Apr 2009	Entry made by the register on its own initiative		In force 8 Apr 2009	PDF
Ä 54513 / 7 3 Dec 2008	Deletion of activities from the registry card		In force 5 Dec 2008	PDF
Ä 54513 / 6 9 Apr 2007	Amendment entry		In force 9 Apr 2007	PDF
Ä 54513 / 5 15 Oct 2002	Published amendment entry		In force	PDF
Ä 54513 / 4 12 Mar 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 VANALINNA EHITUS

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 29