OÜ SPA Varad
Active Registry code 11693452
OÜ Kuressaare linn Registered 28 Jul 2009
OÜ SPA Varad is a OÜ based in Kuressaare linn, registry code 11693452, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €626 904 with employees.
Turnover
626 904 €
↑ 0.1% vs Q2 2026
State taxes
100 458 €
↓ 35.4% vs Q2 2026
Labour taxes
0 €
Employees
—
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 626 904 €above 98% of companiesindustry median 15 029 € · companies in the industry: 7 444
- Revenue · 2025 2.5 mn €above 98% of companiesindustry median 13 620 € · companies in the industry: 30 470
- Net profit margin · 2025 5.2 %above 49% of companiesindustry median 5.9 % · companies in the industry: 25 042
Taxes and turnover
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 626 904 | 100 458 | — | — |
| Q2 2026 | 626 575 | 155 501 | — | — |
| Q1 2026 | 627 159 | 135 429 | — | — |
| Q4 2025 | 631 245 | 129 828 | — | — |
| Q3 2025 | 624 369 | 131 212 | — | — |
| Q2 2025 | 624 052 | 127 024 | — | — |
| Q1 2025 | 626 149 | 173 347 | 2 333 | — |
| Q4 2024 | 575 538 | 109 236 | — | — |
| Q3 2024 | 550 203 | 69 600 | — | — |
| Q2 2024 | 550 260 | 77 596 | — | — |
| Q1 2024 | 558 832 | 71 162 | — | — |
| Q4 2023 | 553 410 | — | — | — |
| Q3 2023 | 555 453 | — | — | — |
| Q2 2023 | 558 595 | 79 152 | — | — |
| Q1 2023 | 559 010 | 105 496 | — | — |
| Q4 2022 | 561 926 | 87 052 | — | — |
| Q3 2022 | 558 018 | 37 032 | — | — |
| Q2 2022 | 560 378 | 19 132 | — | — |
| Q1 2022 | 561 484 | 107 907 | — | — |
Financials by year
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|
| 2025 | 2 506 896 | 130 983 | 32 412 113 | 11 778 427 | 0 |
| 2024 | 2 277 115 | -575 625 | 33 407 524 | 11 647 444 | 0 |
| 2023 | 2 227 075 | -547 568 | 34 043 292 | 12 423 069 | 0 |
| 2022 | 2 240 406 | 183 057 | 34 126 932 | 13 070 637 | 0 |
| 2021 | 2 073 726 | 7 558 | 35 131 938 | 12 887 580 | 0 |
| 2020 | 2 014 988 | 1 136 797 | 36 381 511 | 12 880 022 | 0 |
| 2019 | 2 029 184 | 68 352 | 25 968 737 | 7 755 156 | 0 |
| 2018 | — | — | — | — | 0 |
| 2017 | — | — | — | — | 0 |
| 2016 | — | — | — | — | 0 |
| 2015 | — | — | — | — | 0 |
| 2014 | — | — | — | — | 199 |
| 2013 | — | — | — | — | 0 |
| 2012 | — | — | — | — | 0 |
| 2011 | — | — | — | — | 185 |
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
5.2 %
Net profit / revenue
Return on equity (ROE)
1.1 %
Net profit / equity
Return on assets (ROA)
0.4 %
Net profit / assets
Equity ratio
36.3 %
Equity / assets
Debt ratio
63.7 %
Liabilities / assets
Current ratio
0.09
Current assets / current liabilities
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 8 Jun 2026 | Consolidated · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 27 Jun 2025 | Consolidated · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 19 Jun 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 9 Jun 2023 | Consolidated · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 16 Jun 2022 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 27 Jul 2021 | Consolidated · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 2 Sep 2020 | Consolidated · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 1 | 1 000 000 € | Coop Pank AS | 29 Jun 2021 – in force |
Board
- Kalle KuusikBoard member · since 18 Dec 2009
- Nasdaq CSD SEKeeper of the share register · since 27 Sep 2017
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Omanikukonto: Ironclad OÜLegal person · 11590246 · 4 050 €
- Omanikukonto: Kalle KuusikNatural person · 1 278 €
Owner in
- 100%
Beneficial owners
- Kalle KuusikDirect ownership · since 31 Aug 2018
Founders and other persons
- Advokaadibüroo LEXTAL OÜFounder · 40 000 € · 28 Jul 2009
Related companies
Activities (EMTAK)
- 68201Rental and operating of own or leased real estate Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| K 30039028 / 16 25 May 2026 |
Commercial pledge amended | In force 25 May 2026 |
||
| K 30039028 / M5 22 May 2026 |
Ruling to eliminate deficiencies | Deficiencies eliminated 25 May 2026 |
||
| Ä 30039028 / 15 27 Jul 2021 |
Amendment entry | In force 27 Jul 2021 |
||
| Ä 30039028 / 13 29 Jun 2021 |
Second (constitutive) merger entry | In force 29 Jun 2021 |
||
| K 30039028 / 14 29 Jun 2021 |
Commercial pledge entered | In force 29 Jun 2021 |
||
| Ä 30039028 / M4 10 Jun 2021 |
Ruling to eliminate deficiencies | 10 Jul 2021 | Deficiencies eliminated 29 Jun 2021 |
|
| Ä 30039028 / 12 2 Oct 2019 |
Second (constitutive) merger entry | In force 2 Oct 2019 |
||
| Ä 30039028 / M3 23 Sep 2019 |
Ruling to eliminate deficiencies | 13 Oct 2019 | Deficiencies eliminated 2 Oct 2019 |
|
| Ä 30039028 / 11 3 Aug 2018 |
Amendment entry | In force 3 Aug 2018 |
||
| Ä 30039028 / 10 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 30039028 / 9 22 Dec 2017 |
Amendment entry | In force 22 Dec 2017 |
||
| Ä 30039028 / 8 5 Dec 2017 |
Amendment entry | In force 5 Dec 2017 |
||
| Ä 30039028 / 7 27 Sep 2017 |
Amendment entry | In force 27 Sep 2017 |
||
| Ä 30039028 / 6 7 Mar 2017 |
Amendment entry | In force 7 Mar 2017 |
||
| Ä 30039028 / M2 15 Feb 2017 |
Ruling to eliminate deficiencies | 1 Mar 2017 | In force 15 Feb 2017 |
|
| Ä 30039028 / M1 31 May 2012 |
Warning of a fine: data not given to the central register of securities | 30 Jun 2012 | Deficiencies eliminated 31 May 2012 |
|
| Ä 30039028 / 5 6 Jan 2012 |
Amendment entry | In force 6 Jan 2012 |
||
| Ä 39028 / 4 18 Dec 2009 |
Amendment entry | In force 18 Dec 2009 |
||
| Ä 39028 / 3 21 Oct 2009 |
Amendment entry | In force 21 Oct 2009 |
||
| Ä 39028 / 2 8 Sep 2009 |
Note on registration of shares in the Estonian central register of securities | In force 8 Sep 2009 |
||
| Ä 132107 / 3 12 Aug 2009 |
Registry card closed after a change of district | In force 12 Aug 2009 |
||
| Ä 39028 11 Aug 2009 |
Registry card opened in the department of the new seat | In force 11 Aug 2009 |
||
| Ä 132107 / 2 5 Aug 2009 |
Note | In force 5 Aug 2009 |
||
| Ä 132107 28 Jul 2009 |
First entry | In force 28 Jul 2009 |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data