Ülemiste Center OÜ

Active Registry code 10872385 OÜ Tallinn Registered 6 Jun 2002

Ülemiste Center OÜ is a OÜ based in Tallinn, registry code 10872385, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €7 017 793 with 10 employees.

Turnover

7 017 793 €

↑ 1.9% vs Q2 2026

State taxes

1 303 478 €

↑ 8.2% vs Q2 2026

Labour taxes

105 524 €

↓ 23.8% vs Q2 2026

Employees

+1 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 7 mn €

above 98% of companies

industry median 15 029 € · companies in the industry: 7 444
Labour taxes per employee 10 552 €

above 98% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 26.1 mn €

above 98% of companies

industry median 13 620 € · companies in the industry: 30 470
Net profit margin · 2025 44.1 %

above 77% of companies

industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 7 017 793 € · +1.9% vs Q2 2026 · industry median 15 029 € · above 98% 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: 10 552 € · −31.4% vs Q2 2026 · industry median 857 € · above 98% 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: 10 · +11.1% vs Q2 2026

State taxes, € thousand Q3 2026: 1 303 478 € · +8.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	7 017 793	1 303 478	105 524	10
Q2 2026	6 886 124	1 204 888	138 414	9
Q1 2026	7 830 255	1 340 319	115 201	9
Q4 2025	6 608 258	4 450 542	104 931	10
Q3 2025	6 576 293	1 216 030	108 899	10
Q2 2025	6 539 106	982 653	102 436	10
Q1 2025	7 003 471	1 189 779	141 822	10
Q4 2024	6 601 180	4 684 930	90 933	10
Q3 2024	6 695 999	1 134 989	99 080	10
Q2 2024	6 611 045	1 186 478	131 503	10
Q1 2024	7 179 781	1 167 431	105 208	10
Q4 2023	6 494 654	2 962 788	89 850	11
Q3 2023	6 419 204	989 224	91 679	11
Q2 2023	6 382 998	997 152	84 302	10
Q1 2023	7 426 252	6 398 426	111 706	10
Q4 2022	6 210 102	2 635 986	76 338	10
Q3 2022	6 315 480	788 191	74 702	9
Q2 2022	5 746 106	794 521	68 296	9
Q1 2022	5 614 184	822 803	94 483	8

Labour taxes per employee per month

3 517 €

Turnover per employee in the quarter

701 779 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 26 114 000 € · −0.3% vs 2024 · industry median 13 620 € · above 98% 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: 11 507 000 € · +23.1% vs 2024 · industry median 283 € · above 98% 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: 44.1 % · +8.4 pp vs the year before · industry median 5.9 % · above 77% 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, mn € 2025: 259 547 000 € · −1.7% vs 2024

Equity, mn € 2025: 140 027 000 € · −0.4% vs 2024

Employees 2025: 10 · +0.0% vs 2024 · industry median 1 · above 98% 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	26 114 000	11 507 000	1 005 000	259 547 000	140 027 000	10
2024	26 197 000	9 351 000	971 000	264 087 000	140 519 000	10
2023	25 235 000	—	—	277 552 000	—	10
2022	24 101 000	7 130	734	269 947	160 559	8
2021	18 604 721	15 913 000	608 000	281 245 000	161 429 000	8
2020	11 408 000	837 000	596 000	274 192 000	161 516 000	9
2019	16 589 158	20 910 000	649 000	273 552 000	160 679 000	9
2018	—	—	—	—	—	9
2017	—	—	—	—	—	9
2016	—	—	—	—	—	9
2015	—	—	—	—	—	8
2014	—	—	—	—	—	8
2013	—	—	—	—	—	9
2012	—	—	—	—	—	6
2009	—	—	—	—	—	6
2008	—	—	—	—	—	6
2006	—	—	—	—	—	6
2005	—	—	—	—	—	6
2004	—	—	—	—	—	6
2003	—	—	—	—	—	4
2002	—	—	—	—	—	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

Net profit margin

44.1 %

Net profit / revenue

Return on equity (ROE)

8.2 %

Net profit / equity

Return on assets (ROA)

4.4 %

Net profit / assets

Equity ratio

54.0 %

Equity / assets

Debt ratio

46.0 %

Liabilities / assets

Current ratio

0.39

Current assets / current liabilities

Revenue per employee

2 611 400 €

Revenue / average full-time employees

Labour cost per employee per month

8 375 €

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	15 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	18 Jun 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	21 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	17 Jun 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	17 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Jun 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
1	31 300 000 EEK	AS SEB Pank	17 Apr 2003 – in force

Board

Guido Pärnits
Board member · since 26 Apr 2005
Frode Grønvold
Board member · since 25 Jun 2020
Jaroslava Nurmsalu
Board member · since 7 Feb 2023
Guido Pärnits
Person authorised to receive procedural documents · since 6 Sep 2017
Nasdaq CSD SE
Keeper of the share register · since 28 Sep 2017

Right of representation

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

Owners

Omanikukonto: ÜLEMISTE HOLDING NEDERLAND B.V
Legal person · 600 000 €

100%

Beneficial owners

Arne Alexander Wilhelmsen
Indirect ownership · CHE · since 19 Apr 2023
Bent Christian Wilhelmsen
Indirect ownership · CHE · since 14 Apr 2023
Peter Preben Wilhelmsen
Indirect ownership · GBR · since 14 Apr 2023

Founders and other persons

Aktsiaselts NCC Ehitus
Founder · 10 000 000 € · 6 Jun 2002
Erik Oja
Audit firm · 1 Jan 2017
Olesia Abramova
Audit firm · 1 Jan 2017
Ernst & Young Baltic AS
Audit firm · 1 Jan 2017

shared board members, owners or beneficial owners

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main
81101Combined facilities support activities

Rulings 27

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10062454 / 19 7 Feb 2023	Amendment entry		In force 7 Feb 2023	PDF
Ä 10062454 / 18 25 Jun 2020	Amendment entry		In force 25 Jun 2020	PDF
Ä 10062454 / M4 8 Jan 2019	Ruling to correct data outside an entry	7 Feb 2019	Deficiencies eliminated 9 Jan 2019	PDF
Ä 10062454 / 17 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10062454 / 16 8 Nov 2017	Amendment entry		In force 8 Nov 2017	PDF
Ä 10062454 / 15 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10062454 / 14 6 Sep 2017	Amendment entry		In force 6 Sep 2017	PDF
Ä 10062454 / 13 16 Sep 2016	Amendment entry		In force 16 Sep 2016	PDF
Ä 10062454 / 12 16 May 2014	Amendment entry		In force 16 May 2014	PDF
Ä 10062454 / 11 6 May 2014	Amendment entry		In force 6 May 2014	PDF
K 10062454 / 10 30 Sep 2013	Commercial pledge amended		In force 30 Sep 2013	PDF
K 10071894 / 4 1 Aug 2012	Commercial pledge amended		In force 1 Aug 2012	PDF
K 10071894 / M1 7 May 2012	Ruling to eliminate deficiencies	30 Aug 2012	In force 7 May 2012	PDF
Ä 10062454 / 9 20 Dec 2010	Amendment entry		In force 20 Dec 2010	PDF
Ä 62454 / 8 5 Oct 2009	Amendment entry		In force 5 Oct 2009	PDF
Ä 62454 / 7 5 Jan 2009	Deletion of activities from the registry card		In force 6 Jan 2009	PDF
Ä 62454 / 6 1 Sep 2008	Second (constitutive) merger entry		In force 1 Sep 2008	PDF
Ä 62454 / 5 16 Oct 2006	Entry made by the register on its own initiative		In force 16 Oct 2006	PDF
Ä 62454 / 4 26 Apr 2005	Amendment entry		In force	PDF
Ä 62454 / 3 28 Dec 2004	Amendment entry		In force	PDF
K 71894 / 3 12 Dec 2003	Commercial pledge amended		In force	PDF
K 71894 / 2 22 Apr 2003	Compliance with Commercial Code § 33 (7.1)		In force	PDF
Ä 62454 / 2 21 Apr 2003	Amendment entry		In force	PDF
K 71894 16 Apr 2003	Commercial pledge entered		In force	PDF
Ä 62454 6 Jun 2002	First entry		In force	PDF
Ä 62454 / M3 7 May 2002	Ruling to eliminate deficiencies (to be served)	1 Jul 2002	In force	PDF
Ä 62454 / M2 4 Mar 2002	Ruling to eliminate deficiencies (to be served)	4 May 2002	In force	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data

Ülemiste Center OÜ

Position in the industry Real estate activities · EMTAK 68

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 27