AE Varad OÜ is a OÜ based in Tartu linn, registry code 11202511, status: active. Main activity: Rental and operating of own or leased real estate. Its annual report for 2025 shows revenue of €19 372 and 1 employees.
Turnover
—
State taxes
1 191 €
↑ 5 078.3%vs Q2 2026
Labour taxes
1 323 €
Employees
1
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Real estate activities · EMTAK 68
Labour taxes per employee1 323 €
above 72% of companies
industry median 857 € · companies in the industry: 7 261
Revenue · 202519 372 €
above 58% of companies
industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 2025-220.6 %
above 2% of companies
industry median 5.9 % · companies in the industry: 25 043
Taxes and turnover
Q4 2023 – Q3 2026
Labour taxes per employee, € Q3 2026: 1 323 € · industry median 857 € · above 72% 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.
Revenue, € 2025: 19 372 € · −49.7% vs 2024 · industry median 13 620 € · above 58% 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, € 2025: -42 733 € · −46.7% vs 2024 · industry median 283 € · above 2% 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: -220.6 % · −144.9 pp vs the year before · industry median 5.9 % · above 2% 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: 898 289 € · −4.5% vs 2024Equity, € thousand 2025: 897 105 € · −4.5% vs 2024Employees2025: 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
19 372
-42 733
19 267
898 289
897 105
1
2024
38 512
-29 137
19 267
941 086
939 838
1
2023
37 458
-19 749
18 475
969 921
968 975
1
2022
26 587
1 306
16 056
989 478
988 724
1
2021
28 129
408
14 450
988 264
987 418
1
2020
31 214
1 853
11 105
987 297
987 010
1
2019
37 548
1 816
12 400
985 277
985 157
1
2018
—
—
—
—
—
1
2017
—
—
—
—
—
1
2016
—
—
—
—
—
1
2015
—
—
—
—
—
0
2014
—
—
—
—
—
0
2013
—
—
—
—
—
1
2012
—
—
—
—
—
2
2011
—
—
—
—
—
1
2010
—
—
—
—
—
0
2009
—
—
—
—
—
0
2008
—
—
—
—
—
0
2007
—
—
—
—
—
0
2006
—
—
—
—
—
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
-220.6 %
Net profit / revenue
Return on equity (ROE)
-4.8 %
Net profit / equity
Return on assets (ROA)
-4.8 %
Net profit / assets
Equity ratio
99.9 %
Equity / assets
Debt ratio
0.1 %
Liabilities / assets
Current ratio
26.49
Current assets / current liabilities
Revenue per employee
19 372 €
Revenue / average full-time employees
Labour cost per employee per month
1 606 €
Labour costs / employees / 12 months (incl. employer taxes)
