OÜ Palmart

Active Registry code 11577004 OÜ Tallinn Registered 19 Jan 2009
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OÜ Palmart is a OÜ based in Tallinn, registry code 11577004, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €171 781 with employees.

Turnover
171 781 €
↑ 3.0% vs Q2 2026
State taxes
28 190 €
↑ 0.2% 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 171 781 €
    industry median 15 030 € · companies in the industry: 7 443
  • Revenue · 2025 596 866 €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 85.8 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 171 781 € · +3.0% vs Q2 2026 · industry median 15 030 € · above 88% of the industry
050100150200Q4 2023 Company: 152 320 € Industry median: 14 897 €Q4·23Q1 2024 Company: 163 163 € Industry median: 15 027 €Q2 2024 Company: 148 895 € Industry median: 14 064 €Q2·24Q3 2024 Company: 155 928 € Industry median: 14 462 €Q4 2024 Company: 150 217 € Industry median: 14 610 €Q4·24Q1 2025 Company: 168 846 € Industry median: 14 672 €Q2 2025 Company: 156 359 € Industry median: 14 301 €Q2·25Q3 2025 Company: 141 547 € Industry median: 14 273 €Q4 2025 Company: 133 195 € Industry median: 14 464 €Q4·25Q1 2026 Company: 172 228 € Industry median: 14 759 €Q2 2026 Company: 166 736 € Industry median: 14 595 €Q2·26Q3 2026 Company: 171 781 € Industry median: 15 030 €Q3·26050100150200Q4 2024 Company: 150 217 € Industry median: 14 610 €Q1 2025 Company: 168 846 € Industry median: 14 672 €Q1·25Q2 2025 Company: 156 359 € Industry median: 14 301 €Q3 2025 Company: 141 547 € Industry median: 14 273 €Q3·25Q4 2025 Company: 133 195 € Industry median: 14 464 €Q1 2026 Company: 172 228 € Industry median: 14 759 €Q1·26Q2 2026 Company: 166 736 € Industry median: 14 595 €Q3 2026 Company: 171 781 € Industry median: 15 030 €Q3·26
  • 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: 28 190 € · +0.2% vs Q2 2026
010 00020 00030 000Q4 2023 Company: 26 235 €Q4·23Q1 2024 Company: 19 343 €Q2 2024 Company: 27 683 €Q2·24Q3 2024 Company: 17 435 €Q4 2024 Company: 28 369 €Q4·24Q1 2025 Company: 27 396 €Q2 2025 Company: 22 739 €Q2·25Q3 2025 Company: 16 770 €Q4 2025 Company: 13 424 €Q4·25Q1 2026 Company: 25 101 €Q2 2026 Company: 28 133 €Q2·26Q3 2026 Company: 28 190 €Q3·26010 00020 00030 000Q4 2024 Company: 28 369 €Q1 2025 Company: 27 396 €Q1·25Q2 2025 Company: 22 739 €Q3 2025 Company: 16 770 €Q3·25Q4 2025 Company: 13 424 €Q1 2026 Company: 25 101 €Q1·26Q2 2026 Company: 28 133 €Q3 2026 Company: 28 190 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 171 781 28 190 — —
Q2 2026 166 736 28 133 — —
Q1 2026 172 228 25 101 — —
Q4 2025 133 195 13 424 — —
Q3 2025 141 547 16 770 — —
Q2 2025 156 359 22 739 — —
Q1 2025 168 846 27 396 — —
Q4 2024 150 217 28 369 — —
Q3 2024 155 928 17 435 — —
Q2 2024 148 895 27 683 — —
Q1 2024 163 163 19 343 — —
Q4 2023 152 320 26 235 — —
Q3 2023 150 418 17 726 — —
Q2 2023 153 719 21 779 — —
Q1 2023 156 229 19 518 — —
Q4 2022 143 749 23 072 — —
Q3 2022 146 344 13 340 — —
Q2 2022 147 276 18 892 — —
Q1 2022 148 318 18 123 — —

Financials by year

2016 – 2025
Revenue, € thousand 2025: 596 866 € · −4.3% vs 2024 · industry median 13 620 € · above 98% of the industry
02004006008002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 595 140 € Industry median: 10 800 €20192020 Company: 531 037 € Industry median: 10 586 €20202021 Company: 577 667 € Industry median: 11 162 €20212022 Company: 589 229 € Industry median: 11 789 €20222023 Company: 614 079 € Industry median: 12 224 €20232024 Company: 623 509 € Industry median: 12 853 €20242025 Company: 596 866 € Industry median: 13 620 €202502004006008002018 Company: — Industry median: —2019 Company: 595 140 € Industry median: 10 800 €20192020 Company: 531 037 € Industry median: 10 586 €2021 Company: 577 667 € Industry median: 11 162 €20212022 Company: 589 229 € Industry median: 11 789 €2023 Company: 614 079 € Industry median: 12 224 €20232024 Company: 623 509 € Industry median: 12 853 €2025 Company: 596 866 € Industry median: 13 620 €2025
  • 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: 512 354 € · +403.1% vs 2024 · industry median 283 € · above 98% of the industry
02004006002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 298 045 € Industry median: 205 €20192020 Company: 304 971 € Industry median: 175 €20202021 Company: 467 288 € Industry median: 251 €20212022 Company: 293 982 € Industry median: 161 €20222023 Company: 457 342 € Industry median: 154 €20232024 Company: 101 832 € Industry median: 256 €20242025 Company: 512 354 € Industry median: 283 €202502004006002018 Company: — Industry median: —2019 Company: 298 045 € Industry median: 205 €20192020 Company: 304 971 € Industry median: 175 €2021 Company: 467 288 € Industry median: 251 €20212022 Company: 293 982 € Industry median: 161 €2023 Company: 457 342 € Industry median: 154 €20232024 Company: 101 832 € Industry median: 256 €2025 Company: 512 354 € Industry median: 283 €2025
  • 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: 85.8 % · +69.5 pp vs the year before · industry median 5.9 % · above 90% of the industry
0204060801002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 50.1 % Industry median: 5.7 %20192020 Company: 57.4 % Industry median: 5.6 %20202021 Company: 80.9 % Industry median: 7.4 %20212022 Company: 49.9 % Industry median: 5.9 %20222023 Company: 74.5 % Industry median: 5.2 %20232024 Company: 16.3 % Industry median: 5.9 %20242025 Company: 85.8 % Industry median: 5.9 %20250204060801002018 Company: — Industry median: —2019 Company: 50.1 % Industry median: 5.7 %20192020 Company: 57.4 % Industry median: 5.6 %2021 Company: 80.9 % Industry median: 7.4 %20212022 Company: 49.9 % Industry median: 5.9 %2023 Company: 74.5 % Industry median: 5.2 %20232024 Company: 16.3 % Industry median: 5.9 %2025 Company: 85.8 % Industry median: 5.9 %2025
  • 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: 6 980 877 € · +4.9% vs 2024
02 0004 0006 0008 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 6 411 060 €20192020 Company: 6 551 142 €20202021 Company: 6 568 947 €20212022 Company: 6 551 374 €20222023 Company: 6 758 935 €20232024 Company: 6 657 394 €20242025 Company: 6 980 877 €202502 0004 0006 0008 0002018 Company: —2019 Company: 6 411 060 €20192020 Company: 6 551 142 €2021 Company: 6 568 947 €20212022 Company: 6 551 374 €2023 Company: 6 758 935 €20232024 Company: 6 657 394 €2025 Company: 6 980 877 €2025
Equity, € thousand 2025: 4 685 002 € · +12.3% vs 2024
01 0002 0003 0004 0005 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 3 549 231 €20192020 Company: 3 854 202 €20202021 Company: 3 921 490 €20212022 Company: 4 059 472 €20222023 Company: 4 120 814 €20232024 Company: 4 172 648 €20242025 Company: 4 685 002 €202501 0002 0003 0004 0005 0002018 Company: —2019 Company: 3 549 231 €20192020 Company: 3 854 202 €2021 Company: 3 921 490 €20212022 Company: 4 059 472 €2023 Company: 4 120 814 €20232024 Company: 4 172 648 €2025 Company: 4 685 002 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • 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 596 866 512 354 0 6 980 877 4 685 002 0
2024 623 509 101 832 0 6 657 394 4 172 648 0
2023 614 079 457 342 0 6 758 935 4 120 814 0
2022 589 229 293 982 0 6 551 374 4 059 472 0
2021 577 667 467 288 0 6 568 947 3 921 490 0
2020 531 037 304 971 0 6 551 142 3 854 202 0
2019 595 140 298 045 0 6 411 060 3 549 231 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 0
2014 — — — — — 0
2013 — — — — — 0
2012 — — — — — 0
2011 — — — — — 0
2010 — — — — — 0
2009 — — — — — 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
85.8 %
Net profit / revenue
Return on equity (ROE)
10.9 %
Net profit / equity
Return on assets (ROA)
7.3 %
Net profit / assets
Equity ratio
67.1 %
Equity / assets
Debt ratio
32.9 %
Liabilities / assets
Current ratio
0.05
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 18 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 21 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 27 Mar 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 6 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 13 May 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Apr 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 22 Apr 2020 Company’s own · audited e-Äriregister

Board

  • Hindrek Leppsalu
    Board member · since 3 Jun 2009
  • Peter Gage Morris
    Board member · since 11 Feb 2014
  • 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

Beneficial owners

Founders and other persons

  • Osaühing MCM Holding
    Founder · 40 000 € · 15 Jan 2009
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68201Rental and operating of own or leased real estate Main
Rulings
Number, date Title Deadline State Document
Ä 10124267 / 14
9 Dec 2025
Amendment under Code of Civil Procedure § 595¹ (1) In force
9 Dec 2025
PDF
Ä 10124267 / 13
29 Mar 2023
Amendment entry In force
29 Mar 2023
PDF
Ä 10124267 / 12
14 Dec 2022
Entry refused In force
28 Dec 2022
PDF
Ä 10124267 / M3
7 Dec 2022
Ruling to eliminate deficiencies 21 Dec 2022 In force
7 Dec 2022
PDF
Ä 10124267 / M2
24 May 2022
Procedural ruling 7 Jun 2022 In force
24 May 2022
PDF
Ä 10124267 / 11
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10124267 / 10
30 Nov 2017
Amendment entry In force
30 Nov 2017
PDF
Ä 10124267 / 9
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10124267 / 8
20 Apr 2017
Amendment entry In force
20 Apr 2017
PDF
Ä 10124267 / 7
9 Sep 2016
Amendment entry In force
9 Sep 2016
PDF
Ä 10124267 / M1
7 Aug 2014
Ruling to eliminate deficiencies 6 Sep 2014 Deficiencies eliminated
7 Aug 2014
PDF
Ä 10124267 / 6
7 Aug 2014
Amendment entry In force
7 Aug 2014
PDF
Ä 10124267 / 5
11 Feb 2014
Amendment entry In force
11 Feb 2014
PDF
Ä 124267 / 4
3 Jun 2009
Amendment entry In force
3 Jun 2009
PDF
Ä 124267 / 3
28 Apr 2009
Note on registration of shares in the Estonian central register of securities In force
28 Apr 2009
PDF
Ä 124267 / 2
22 Jan 2009
Amendment entry In force
22 Jan 2009
PDF
Ä 124267
19 Jan 2009
First entry In force
19 Jan 2009
PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data