City Vara OÜ
City Vara OÜ is a OÜ based in Tallinn, registry code 10808950, status: active. Main activity: Rental and operating of own or leased real estate. Its annual report for 2025 shows revenue of €11 740 and 0 employees.
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Revenue · 2025 11 740 €above 47% of companiesindustry median 13 620 € · companies in the industry: 30 471
- Net profit margin · 2025 56.7 %above 82% of companiesindustry median 5.9 % · companies in the industry: 25 043
Taxes and turnover
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | — | 903 | — | — |
| Q1 2026 | — | 34 | — | — |
| Q1 2025 | — | 34 | — | — |
| Q2 2024 | — | 14 | — | — |
| Q1 2023 | — | 9 | — | — |
| Q1 2022 | — | 9 | — | — |
Financials by year
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 11 740 | 6 657 | 0 | 36 698 | 34 665 | 0 |
| 2024 | 7 540 | 1 168 | 0 | 36 428 | 28 007 | 0 |
| 2023 | 9 505 | 2 580 | 0 | 36 902 | 26 839 | 0 |
| 2022 | 9 746 | 1 632 | 0 | 37 887 | 24 259 | 0 |
| 2021 | 13 053 | 432 | 0 | 37 266 | 22 628 | 0 |
| 2020 | 12 748 | -2 112 | 0 | 37 831 | 22 195 | 0 |
| 2019 | 12 510 | 140 | 0 | 41 479 | 24 307 | 0 |
| 2018 | — | — | — | — | — | 0 |
| 2017 | — | — | — | — | — | 0 |
| 2016 | — | — | — | — | — | 1 |
| 2015 | — | — | — | — | — | 2 |
| 2014 | — | — | — | — | — | 1 |
| 2013 | — | — | — | — | — | 0 |
| 2012 | — | — | — | — | — | 0 |
| 2011 | — | — | — | — | — | 0 |
| 2010 | — | — | — | — | — | 0 |
| 2009 | — | — | — | — | — | 1 |
| 2008 | — | — | — | — | — | 0 |
| 2007 | — | — | — | — | — | 0 |
| 2006 | — | — | — | — | — | 0 |
| 2005 | — | — | — | — | — | 0 |
| 2004 | — | — | — | — | — | 0 |
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
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 1 Jul 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 | 7 Jun 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 29 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 | 29 Jun 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 31 Oct 2020 | Company’s own | e-Äriregister |
Board
- Marko PaesBoard member · since 2 Jan 2006
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Marko PaesNatural person · 1 281 €
- Valeriia PaesNatural person · 1 275 €
Beneficial owners
- Valeriia PaesDirect ownership · since 14 Mar 2025
- Marko PaesDirect ownership · since 18 Sep 2018
Founders and other persons
- Hülle PaesFounder · 40 000 € · 17 Oct 2001
Related companies
Activities (EMTAK)
- 68201Rental and operating of own or leased real estate Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 30025064 / 14 24 Aug 2026 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 24 Aug 2026 |
||
| Ä 30025064 / 13 14 Mar 2025 |
Amendment entry | In force 14 Mar 2025 |
||
| Ä 30025064 / 12 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 30025064 / 11 20 Dec 2021 |
Amendment under Commercial Code § 525 (2) | In force 20 Dec 2021 |
||
| Ä 30025064 / 10 8 Sep 2020 |
Amendment entry | In force 8 Sep 2020 |
||
| Ä 30025064 / 9 13 Feb 2018 |
Amendment entry | In force 13 Feb 2018 |
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| Ä 30025064 / 8 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 30025064 / 7 4 Dec 2017 |
Amendment entry | In force 4 Dec 2017 |
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| Ä 30025064 / 6 3 Jun 2016 |
Amendment entry | In force 3 Jun 2016 |
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| Ä 30025064 / 5 10 Jun 2015 |
Amendment entry | In force 10 Jun 2015 |
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| Ä 30025064 / 4 7 Jan 2013 |
Amendment entry | In force 7 Jan 2013 |
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| Ä 25064 / 3 1 Jun 2009 |
Amendment entry | In force 1 Jun 2009 |
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| Ä 25064 / 2 3 Dec 2008 |
Deletion of activities from the registry card | In force 3 Dec 2008 |
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| Ä 60723 / 4 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
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| Ä 25064 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
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| Ä 60723 / 3 20 Oct 2003 |
Amendment entry | In force | ||
| Ä 60723 / 2 29 Apr 2003 |
Amendment entry | In force |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data