TÜC Majad AS
Active Registry code 11978111
AS Tallinn Registered 13 Aug 2010
TÜC Majad AS is a AS based in Tallinn, registry code 11978111, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €4 743 176 with employees.
Turnover
4 743 176 €
↓ 5.4% vs Q2 2026
State taxes
0 €
↓ 100.0% vs Q2 2026
Labour taxes
0 €
Employees
—
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 4.7 mn €above 98% of companiesindustry median 15 030 € · companies in the industry: 7 443
- Revenue · 2025 20.2 mn €above 98% of companiesindustry median 13 620 € · companies in the industry: 30 471
- Net profit margin · 2025 1.2 %above 40% of companiesindustry median 5.9 % · companies in the industry: 25 043
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.
- 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 | 4 743 176 | — | — | — |
| Q2 2026 | 5 011 830 | 105 595 | — | — |
| Q1 2026 | 5 486 071 | 577 539 | 6 763 | — |
| Q4 2025 | 5 097 351 | 227 783 | — | — |
| Q3 2025 | 4 842 897 | 275 478 | — | — |
| Q2 2025 | 4 901 700 | 387 793 | — | — |
| Q1 2025 | 5 028 354 | 558 729 | — | — |
| Q4 2024 | 4 888 695 | 1 085 733 | — | — |
| Q3 2024 | 4 810 361 | 580 146 | 6 498 | — |
| Q2 2024 | 5 383 883 | 870 867 | 189 778 | — |
| Q1 2024 | 5 660 554 | 761 594 | 89 313 | 16 |
| Q4 2023 | 5 455 399 | 957 236 | 86 890 | 16 |
| Q3 2023 | 5 265 338 | 1 044 023 | 88 974 | 16 |
| Q2 2023 | 5 859 159 | 863 749 | 155 089 | 17 |
| Q1 2023 | 5 946 214 | 731 272 | 101 335 | 17 |
| Q4 2022 | 5 831 008 | 733 388 | 94 895 | 20 |
| Q3 2022 | 5 494 756 | 724 587 | 93 854 | 20 |
| Q2 2022 | 5 623 975 | 1 270 353 | 93 947 | 18 |
| Q1 2022 | 5 137 777 | 773 932 | 137 155 | 19 |
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, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 20 218 467 | 238 754 | 0 | 219 051 325 | 116 480 873 | 0 |
| 2024 | 20 755 635 | 1 295 011 | 355 212 | 214 592 800 | 116 242 119 | 6 |
| 2023 | 22 020 513 | 4 996 002 | 993 668 | 219 609 629 | 117 966 952 | 18 |
| 2022 | 22 022 061 | 28 285 218 | 1 025 587 | 224 873 895 | 120 111 834 | 21 |
| 2021 | 18 981 746 | 10 778 864 | 949 367 | 201 894 758 | 94 878 113 | 20 |
| 2020 | 18 273 063 | 11 517 807 | 924 878 | 202 105 630 | 90 966 404 | 21 |
| 2019 | 17 567 747 | 17 974 236 | 936 029 | 185 607 778 | 82 273 235 | 20 |
| 2018 | — | — | — | — | — | 21 |
| 2017 | — | — | — | — | — | 19 |
| 2016 | — | — | — | — | — | 20 |
| 2015 | — | — | — | — | — | 20 |
| 2014 | — | — | — | — | — | 19 |
| 2013 | — | — | — | — | — | 19 |
| 2012 | — | — | — | — | — | 19 |
| 2011 | — | — | — | — | — | 23 |
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
1.2 %
Net profit / revenue
Return on equity (ROE)
0.2 %
Net profit / equity
Return on assets (ROA)
0.1 %
Net profit / assets
Equity ratio
53.2 %
Equity / assets
Debt ratio
46.8 %
Liabilities / assets
Current ratio
1.32
Current assets / current liabilities
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 12 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 9 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 18 Jun 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 | 19 May 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 27 May 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 2 Jul 2020 | Company’s own · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Rauno MätasBoard member · since 30 Apr 2024
- Sten PärnitsBoard member · since 30 Apr 2024
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- ANDERS ANDERSONIndirect ownership · since 7 Jul 2025
- Guido PärnitsMember of a senior management body (management or supervisory board) · since 30 Apr 2024
Founders and other persons
- Mainor Ülemiste ASFounder · 25 000 € · 3 Aug 2010
- Erki UsinAudit firm · 29 Nov 2024
- Ernst & Young Baltic ASAudit firm · 29 Nov 2024
- Guido PärnitsChairman of the supervisory board · 13 Sep 2024
- Aare PalootsSupervisory board member · 1 Sep 2024
- Andrus KaldaluSupervisory board member · 1 Sep 2024
- Ivar VendelinSupervisory board member · 1 Sep 2024
- Kadi PärnitsSupervisory board member · 1 Sep 2024
- Kristo SiigSupervisory board member · 1 Sep 2024
- Paul Priit LukkaSupervisory board member · 1 Sep 2024
- Omanikukonto: Mainor Ülemiste ASShareholder · 24 522 030 € · 21 Mar 2024
Related companies
Activities (EMTAK)
- 68201Rental and operating of own or leased real estate Main
- 68329Other real estate management or related activities
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10146472 / 19 24 Sep 2026 |
Amendment entry | In force 24 Sep 2026 |
||
| Ä 10146472 / 18 19 May 2025 |
Amendment entry | In force 19 May 2025 |
||
| Ä 10146472 / 17 18 Sep 2024 |
Amendment entry | In force 18 Sep 2024 |
||
| Ä 10146472 / 16 1 Jul 2024 |
Amendment entry | In force 1 Jul 2024 |
||
| Ä 10146472 / 15 30 Apr 2024 |
Amendment entry | In force 30 Apr 2024 |
||
| Ä 10146472 / 14 11 Apr 2024 |
Amendment entry | In force 11 Apr 2024 |
||
| Ä 10146472 / M13 21 Feb 2022 |
Ruling to correct data outside an entry | 23 Mar 2022 | Deficiencies eliminated 23 Feb 2022 |
|
| Ä 10146472 / M12 22 Jun 2020 |
Ruling to eliminate deficiencies in the annual report | 22 Jul 2020 | Deficiencies eliminated 2 Jul 2020 |
|
| Ä 10146472 / M11 3 Dec 2019 |
Ruling to correct data outside an entry | 13 Dec 2019 | Deficiencies eliminated 19 Dec 2019 |
|
| Ä 10146472 / 13 16 Apr 2018 |
Amendment entry | In force 16 Apr 2018 |
||
| Ä 10146472 / M10 9 Mar 2018 |
Ruling to correct data outside an entry | 24 Mar 2018 | Deficiencies eliminated 20 Mar 2018 |
|
| Ä 10146472 / 12 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10146472 / 11 1 Dec 2017 |
Amendment entry | In force 1 Dec 2017 |
||
| Ä 10146472 / 10 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10146472 / M9 13 Mar 2017 |
Ruling to eliminate deficiencies | 28 Mar 2017 | Deficiencies eliminated 14 Mar 2017 |
|
| Ä 10146472 / 9 14 Sep 2016 |
Amendment entry | In force 14 Sep 2016 |
||
| Ä 10146472 / M8 27 Jun 2016 |
Ruling to correct data outside an entry | 27 Jul 2016 | Deficiencies eliminated 1 Jul 2016 |
|
| Ä 10146472 / 8 25 Mar 2014 |
Amendment entry | In force 25 Mar 2014 |
||
| Ä 10146472 / M7 10 Mar 2014 |
Ruling to eliminate deficiencies | 9 Apr 2014 | Deficiencies eliminated 25 Mar 2014 |
|
| Ä 10146472 / M6 20 Feb 2014 |
Ruling to correct data outside an entry | 22 Mar 2014 | Deficiencies eliminated 20 Feb 2014 |
|
| Ä 10146472 / M5 12 Aug 2013 |
Ruling to correct data outside an entry | 11 Sep 2013 | Deficiencies eliminated 13 Aug 2013 |
|
| Ä 10146472 / 7 3 Sep 2012 |
Amendment entry | In force 3 Sep 2012 |
||
| Ä 10146472 / 6 3 Apr 2012 |
Amendment entry | In force 3 Apr 2012 |
||
| Ä 10146472 / M4 27 Mar 2012 |
Ruling to eliminate deficiencies | 30 Apr 2012 | In force 27 Mar 2012 |
|
| Ä 10146472 / 5 4 Jan 2012 |
Amendment entry | In force 4 Jan 2012 |
||
| Ä 10146472 / M3 3 Jan 2012 |
Ruling to eliminate deficiencies | In force 3 Jan 2012 |
||
| Ä 10146472 / 4 26 May 2011 |
Amendment entry | In force 26 May 2011 |
||
| Ä 10146472 / 3 15 Oct 2010 |
Amendment entry | In force 15 Oct 2010 |
||
| Ä 10146472 / M2 13 Oct 2010 |
Ruling to eliminate deficiencies | In force 13 Oct 2010 |
||
| Ä 10146472 / 2 28 Sep 2010 |
Amendment entry | In force 28 Sep 2010 |
||
| Ä 10146472 13 Aug 2010 |
First entry | In force 13 Aug 2010 |
||
| Ä 10146472 / M1 6 Aug 2010 |
Ruling to eliminate deficiencies | In force 6 Aug 2010 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data