osaühing Andaveres

Active Registry code 11077611 OÜ Tartu linn Registered 13 Jan 2005

osaühing Andaveres is a OÜ based in Tartu linn, registry code 11077611, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €1 972 with employees.

Turnover

1 972 €

↑ 24.2% vs Q2 2026

State taxes

630 €

↓ 52.2% vs Q2 2026

Labour taxes

658 €

↓ 51.6% vs Q2 2026

Employees

—

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

Position in the industry Real estate activities · EMTAK 68

Turnover · Q3 2026 1 972 €

above 16% of companies

industry median 15 029 € · companies in the industry: 7 444
Revenue · 2025 23 229 €

above 62% of companies

industry median 13 620 € · companies in the industry: 30 470
Net profit margin · 2025 1.5 %

above 41% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 1 972 € · +24.2% vs Q2 2026 · industry median 15 029 € · above 16% 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, € Q2 2026: 1 360 € · −73.9% vs Q1 2026 · industry median 828 € · above 75% 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 Q2 2026: 1 · +0.0% vs Q1 2026

State taxes, € Q3 2026: 630 € · −52.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	1 972	630	658	—
Q2 2026	1 588	1 318	1 360	1
Q1 2026	6 750	5 367	5 220	1
Q4 2025	5 180	1 733	1 006	1
Q3 2025	1 966	1 058	1 103	1
Q2 2025	4 615	1 156	1 103	1
Q1 2025	2 593	1 168	1 096	1
Q4 2024	5 284	1 164	1 083	1
Q3 2024	2 431	969	1 083	1
Q2 2024	13 593	1 042	1 083	1
Q1 2024	5 004	323	361	1
Q4 2023	9 773	89	—	—
Q3 2023	6 614	95	—	—
Q2 2023	17 015	637	—	—
Q1 2023	8 887	97	—	—
Q4 2022	3 905	80	—	—
Q3 2022	8 937	1 064	—	—
Q2 2022	13 424	1 579	—	—
Q1 2022	5 792	80	—	—

Financials by year

2016 – 2025

Revenue, € 2025: 23 229 € · −23.4% vs 2024 · industry median 13 620 € · above 62% 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: 350 € · −84.2% vs 2024 · industry median 283 € · above 51% 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: 1.5 % · −5.8 pp vs the year before · industry median 5.9 % · above 41% 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: 245 540 € · +0.3% vs 2024

Equity, € thousand 2025: 244 720 € · +0.1% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% 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	23 229	350	19 775	245 540	244 720	1
2024	30 326	2 212	12 771	244 893	244 370	1
2023	52 500	128 073	0	252 604	242 158	0
2022	41 934	2 363	0	136 038	114 085	0
2021	40 383	491	0	139 094	111 722	0
2020	31 743	-8 913	0	147 782	111 231	0
2019	44 403	-3 807	11 970	152 829	120 144	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	1
2014	—	—	—	—	—	1
2013	—	—	—	—	—	1
2012	—	—	—	—	—	1
2011	—	—	—	—	—	1
2010	—	—	—	—	—	1
2009	—	—	—	—	—	2

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

1.5 %

Net profit / revenue

Return on equity (ROE)

0.1 %

Net profit / equity

Return on assets (ROA)

0.1 %

Net profit / assets

Equity ratio

99.7 %

Equity / assets

Debt ratio

0.3 %

Liabilities / assets

Current ratio

42.31

Current assets / current liabilities

Revenue per employee

23 229 €

Revenue / average full-time employees

Labour cost per employee per month

1 648 €

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	1 Jul 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	24 Jun 2023	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	24 Jun 2023	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	9 Jun 2021	Company’s own	e-Äriregister

Board

Ave Nurk
Board member · since 13 Jan 2005

Right of representation

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

Owners

Hugo Johannes Nurk
Natural person · 2 556 €

100%

Owner in

OÜ Ehitusviis
80%

Beneficial owners

Hugo Johannes Nurk
Direct ownership · since 24 Jun 2023

Founders and other persons

Andres Nurk
Founder · 40 000 € · 10 Jan 2005

shared board members, owners or beneficial owners

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main
01611Support activities for crop production
6832Other real estate activities on a fee or contract basis
69202Bookkeeping, tax consulting

Rulings 12

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20028188 / 8 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 20028188 / M4 25 May 2021	Public service of a ruling in Ametlikud Teadaanded		In force 25 May 2021	PDF
Ä 20028188 / M3 20 Apr 2021	Warning of a fine: annual report not filed	20 May 2021	Deficiencies eliminated 9 Jun 2021	PDF
Ä 20028188 / 7 31 Dec 2018	Amendment entry		In force 31 Dec 2018	PDF
Ä 20028188 / 6 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 20028188 / 5 19 Dec 2017	Amendment entry		In force 19 Dec 2017	PDF
Ä 20028188 / 4 3 Dec 2017	Amendment entry		In force 3 Dec 2017	PDF
Ä 20028188 / M2 10 Feb 2016	Warning of deletion from the register: annual report not filed	13 Aug 2016	Deficiencies eliminated 9 Aug 2016	PDF
Ä 20028188 / M1 22 Jul 2014	Warning of deletion from the register: annual report not filed	18 Jan 2015	Deficiencies eliminated 18 Jan 2015	PDF
Ä 20028188 / 3 5 Jan 2012	Amendment entry		In force 5 Jan 2012	PDF
Ä 28188 / 2 29 Dec 2008	Deletion of activities from the registry card		In force 29 Dec 2008	PDF
Ä 28188 12 Jan 2005	First entry		In force	PDF

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

osaühing Andaveres

Position in the industry Real estate activities · EMTAK 68

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 12