Martinvest OÜ

Active Registry code 11163202 OÜ Tallinn Registered 8 Sep 2005

Martinvest OÜ is a OÜ based in Tallinn, registry code 11163202, status: active. Main activity: Other real estate activities on a fee or contract basis. According to EMTA, turnover for Q3 2026 was €17 303 with 1 employees.

Turnover

17 303 €

↓ 50.8% vs Q2 2026

State taxes

3 132 €

↓ 60.6% vs Q2 2026

Labour taxes

228 €

↑ 0.0% vs Q2 2026

Employees

±0 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 17 303 €

above 53% of companies

industry median 15 030 € · companies in the industry: 7 443
Labour taxes per employee 228 €

above 14% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 95 876 €

above 87% of companies

industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 2025 51.3 %

above 80% of companies

industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 17 303 € · −50.8% vs Q2 2026 · industry median 15 030 € · above 53% 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: 228 € · +0.0% vs Q2 2026 · industry median 857 € · above 14% 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: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 3 132 € · −60.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	17 303	3 132	228	1
Q2 2026	35 150	7 959	228	1
Q1 2026	20 100	6 827	228	1
Q4 2025	17 100	4 353	228	1
Q3 2025	12 100	2 204	228	1
Q2 2025	9 100	1 989	228	1
Q1 2025	2 100	2 020	295	1
Q4 2024	9 500	2 277	290	1
Q3 2024	4 600	971	290	1
Q2 2024	2 100	485	165	1
Q1 2024	4 800	—	290	1
Q4 2023	4 900	763	220	1
Q3 2023	73 304	15 553	220	1
Q2 2023	27 711	5 634	220	1
Q1 2023	17 100	3 575	290	1
Q4 2022	2 100	—	220	1
Q3 2022	36 600	6 062	290	1
Q2 2022	34 100	6 735	220	1
Q1 2022	7 100	1 081	220	1

Labour taxes per employee per month

76 €

Turnover per employee in the quarter

17 303 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 95 876 € · +48.5% vs 2024 · industry median 13 620 € · above 87% 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: 49 227 € · +16.2% vs 2024 · industry median 283 € · above 91% 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: 51.3 % · −14.3 pp vs the year before · industry median 5.9 % · above 80% 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: 792 358 € · +28.7% vs 2024

Equity, € thousand 2025: 288 982 € · +31.7% 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	95 876	49 227	2 082	792 358	288 982	1
2024	64 554	42 382	1 855	615 739	219 464	1
2023	167 692	115 158	2 082	467 760	177 082	1
2022	106 796	60 641	2 082	425 292	63 923	1
2021	42 050	7 986	2 082	242 910	11 026	1
2020	53 840	39 523	2 082	50 723	48 041	1
2019	18 400	-241	2 082	9 243	8 516	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	0
2014	—	—	—	—	—	0
2013	—	—	—	—	—	0
2012	—	—	—	—	—	0
2011	—	—	—	—	—	0
2010	—	—	—	—	—	0
2009	—	—	—	—	—	0
2008	—	—	—	—	—	0
2007	—	—	—	—	—	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

51.3 %

Net profit / revenue

Return on equity (ROE)

17.0 %

Net profit / equity

Return on assets (ROA)

6.2 %

Net profit / assets

Equity ratio

36.5 %

Equity / assets

Debt ratio

63.5 %

Liabilities / assets

Current ratio

0.26

Current assets / current liabilities

Revenue per employee

95 876 €

Revenue / average full-time employees

Labour cost per employee per month

174 €

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	28 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	2 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	20 Mar 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	5 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	11 May 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	11 May 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	23 Apr 2020	Company’s own	e-Äriregister

Board

Martin Vahter
Board member · since 8 Sep 2005

Right of representation

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

Owners

Martin Vahter
Natural person · 2 556 €

100%

Owner in

Beneficial owners

Martin Vahter
Direct ownership · since 28 Sep 2018

Founders and other persons

Martin Vahter
Founder · 40 000 € · 8 Sep 2005

shared board members, owners or beneficial owners

Activities (EMTAK)

6832Other real estate activities on a fee or contract basis Main

Rulings 13

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10091381 / 11 6 Aug 2024	Second (constitutive) merger entry		In force 6 Aug 2024	PDF
Ä 10091381 / 10 6 Aug 2024	Second (constitutive) merger entry		In force 6 Aug 2024	PDF
Ä 10091381 / M2 2 Aug 2024	Procedural ruling	12 Aug 2024	Deficiencies eliminated 5 Aug 2024	PDF
Ä 10091381 / 9 30 Oct 2023	Amendment under Code of Civil Procedure § 595¹ (1)		In force 30 Oct 2023	PDF
Ä 10091381 / 8 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10091381 / 7 1 Jul 2019	Amendment under Commercial Code § 525 (2)		In force 1 Jul 2019	PDF
Ä 10091381 / M1 28 Jun 2019	Ruling to correct data outside an entry	12 Jul 2019	Deficiencies eliminated 1 Jul 2019	PDF
Ä 10091381 / 6 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10091381 / 5 29 Nov 2017	Amendment entry		In force 29 Nov 2017	PDF
Ä 10091381 / 4 14 Sep 2016	Amendment entry		In force 14 Sep 2016	PDF
Ä 10091381 / 3 30 Nov 2011	Amendment entry		In force 30 Nov 2011	PDF
Ä 91381 / 2 3 Dec 2008	Deletion of activities from the registry card		In force 4 Dec 2008	PDF
Ä 91381 8 Sep 2005	First entry		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data

Martinvest OÜ

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 13