Osaühing Letona Properties

Active Registry code 11301360 OÜ Tallinn Registered 21 Sep 2006

Osaühing Letona Properties is a OÜ based in Tallinn, registry code 11301360, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €496 346 with employees.

Turnover

496 346 €

↑ 0.3% vs Q2 2026

State taxes

64 919 €

↑ 16.0% vs Q2 2026

Labour taxes

0 €

Employees

—

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

Position in the industry Real estate activities · EMTAK 68

Turnover · Q3 2026 496 346 €

above 98% of companies

industry median 15 027 € · companies in the industry: 7 444
Revenue · 2025 1.9 mn €

above 98% of companies

industry median 13 619 € · companies in the industry: 30 472
Net profit margin · 2025 47.6 %

above 78% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 496 346 € · +0.3% vs Q2 2026 · industry median 15 027 € · 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.

State taxes, € Q3 2026: 64 919 € · +16.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	496 346	64 919	—	—
Q2 2026	495 058	55 946	—	—
Q1 2026	503 994	87 608	—	—
Q4 2025	487 821	83 663	—	—
Q3 2025	456 339	63 883	—	—
Q2 2025	487 018	41 983	—	—
Q1 2025	436 308	65 138	—	—
Q4 2024	429 998	69 957	—	—
Q3 2024	404 922	63 051	—	—
Q2 2024	468 208	64 007	—	—
Q1 2024	517 092	64 546	—	—
Q4 2023	495 856	77 002	—	—
Q3 2023	498 017	65 027	—	—
Q2 2023	387 123	32 070	—	—
Q1 2023	528 860	68 945	—	—
Q4 2022	491 775	61 342	—	—
Q3 2022	452 530	52 578	—	—
Q2 2022	471 565	54 730	—	—
Q1 2022	1 164 688	188 655	—	—

Financials by year

2016 – 2025

Revenue, € thousand 2025: 1 870 891 € · +3.8% vs 2024 · industry median 13 619 € · 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: 891 479 € · −8.1% 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: 47.6 % · −6.1 pp vs the year before · industry median 5.9 % · above 78% 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: 19 301 656 € · −14.2% vs 2024

Equity, € thousand 2025: 14 336 528 € · +6.6% vs 2024

Employees 2025: 0 · industry median 1 · 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.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	1 870 891	891 479	0	19 301 656	14 336 528	0
2024	1 802 855	969 693	0	22 506 593	13 445 049	0
2023	2 002 353	1 516 395	0	21 747 986	12 475 493	0
2022	2 614 439	1 626 797	0	20 648 853	11 076 218	0
2021	1 841 610	1 273 798	0	19 279 016	9 449 421	0
2020	1 476 893	1 594 855	0	17 203 123	8 175 623	0
2019	1 682 183	863 881	0	16 391 860	6 580 768	0
2018	—	—	—	—	—	0
2017	—	—	—	—	—	0
2016	—	—	—	—	—	0
2015	—	—	—	—	—	0
2014	—	—	—	—	—	0
2013	—	—	—	—	—	0
2012	—	—	—	—	—	0
2011	—	—	—	—	—	2
2010	—	—	—	—	—	2
2009	—	—	—	—	—	7
2008	—	—	—	—	—	6
2007	—	—	—	—	—	5

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

47.6 %

Net profit / revenue

Return on equity (ROE)

6.2 %

Net profit / equity

Return on assets (ROA)

4.6 %

Net profit / assets

Equity ratio

74.3 %

Equity / assets

Debt ratio

25.7 %

Liabilities / assets

Current ratio

1.22

Current assets / current liabilities

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	16 Jun 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	24 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	18 Apr 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	2 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	30 Jun 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	30 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	26 Jun 2020	Company’s own · audited	e-Äriregister

Board

Cassandra Paris Jalmander
Board member · since 1 Jun 2026
Malin Helena Claesson Stenström
Board member · since 1 Jun 2026
Baltic Business Services OÜ
Contact person · since 29 Nov 2022
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: CA I ESTLAND AB
Legal person · 2 556 €

100%

Owner in

Harju Properties OÜ
100%

Beneficial owners

Lars Magnus Claesson
Over 50% of voting rights in the consolidated entity · CHE · since 6 Sep 2018
Per Johan Claesson
Over 50% of voting rights in the consolidated entity · SWE · since 6 Sep 2018

Founders and other persons

PRO Firmade Osaühing
Founder · 40 000 € · 21 Sep 2006
Alla Švedova
Audit firm · 4 Feb 2008
Ivar Kiigemägi
Audit firm · 18 Jul 2017
Ernst & Young Baltic AS
Audit firm · 31 Jul 2018

shared board members, owners or beneficial owners

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main

Rulings 32

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10102194 / 30 1 Jun 2026	Amendment entry		In force 1 Jun 2026	PDF
Ä 10102194 / 29 13 Feb 2026	Amendment entry		In force 13 Feb 2026	PDF
Ä 10102194 / 28 2 Oct 2024	Amendment entry		In force 2 Oct 2024	PDF
Ä 10102194 / 27 27 Feb 2023	Amendment entry		In force 27 Feb 2023	PDF
Ä 10102194 / 26 29 Nov 2022	Amendment entry		In force 29 Nov 2022	PDF
Ä 10102194 / 25 2 Jun 2022	Amendment under Commercial Code § 525 (2)		In force 2 Jun 2022	PDF
Ä 10102194 / 24 17 Mar 2022	Amendment under Commercial Code § 525 (2)		In force 17 Mar 2022	PDF
Ä 10102194 / 23 21 Oct 2020	Amendment entry		In force 21 Oct 2020	PDF
Ä 10102194 / 22 13 Oct 2020	Amendment entry		In force 13 Oct 2020	PDF
Ä 10102194 / 21 8 Oct 2020	Amendment entry		In force 8 Oct 2020	PDF
Ä 10102194 / 20 26 Jun 2020	Amendment entry		In force 26 Jun 2020	PDF
Ä 10102194 / 19 11 Feb 2020	Amendment entry		In force 11 Feb 2020	PDF
Ä 10102194 / 18 17 Jun 2019	Amendment entry		In force 17 Jun 2019	PDF
Ä 10102194 / 17 16 Oct 2018	Amendment entry		In force 16 Oct 2018	PDF
Ä 10102194 / 16 29 May 2018	Amendment entry		In force 29 May 2018	PDF
Ä 10102194 / 15 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10102194 / 14 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10102194 / 13 7 Sep 2017	Amendment under Commercial Code § 525 (2)		In force 7 Sep 2017	PDF
Ä 10102194 / 12 23 Aug 2017	Second (constitutive) merger entry		In force 23 Aug 2017	PDF
Ä 10102194 / M2 22 Aug 2017	Ruling to eliminate deficiencies	6 Sep 2017	Deficiencies eliminated 23 Aug 2017	PDF
Ä 10102194 / 11 14 Sep 2016	Amendment entry		In force 14 Sep 2016	PDF
Ä 10102194 / 10 5 Oct 2015	Amendment entry		In force 5 Oct 2015	PDF
Ä 10102194 / 9 11 Jul 2012	Amendment entry		In force 11 Jul 2012	PDF
Ä 10102194 / 8 12 Sep 2011	Amendment entry		In force 12 Sep 2011	PDF
Ä 10102194 / 7 17 Dec 2010	Amendment entry		In force 17 Dec 2010	PDF
Ä 10102194 / M1 13 Dec 2010	Ruling to eliminate deficiencies	31 Jan 2011	In force 13 Dec 2010	PDF
Ä 10102194 / 6 5 Mar 2010	Amendment entry		In force 5 Mar 2010	PDF
Ä 102194 / 5 3 Dec 2008	Deletion of activities from the registry card		In force 4 Dec 2008	PDF
Ä 102194 / 4 22 Feb 2008	Amendment entry		In force 22 Feb 2008	PDF
Ä 102194 / 3 18 Apr 2007	Note on registration of shares in the Estonian central register of securities		In force 18 Apr 2007	PDF
Ä 102194 / 2 12 Apr 2007	Amendment entry		In force 12 Apr 2007	PDF
Ä 102194 21 Sep 2006	First entry		In force 21 Sep 2006	PDF

Sources: e-Äriregister and EMTA. Data updated 27 Oct 2026. Open at the source ↗ · Report an error in the data

Osaühing Letona Properties

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 32