FL Start OÜ

Active Registry code 12011575 OÜ Liivamäe küla Registered 26 Oct 2010

FL Start OÜ is a OÜ based in Liivamäe küla, registry code 12011575, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €469 638 with 2 employees.

Turnover

469 638 €

↓ 3.0% vs Q2 2026

State taxes

91 571 €

↑ 30.8% vs Q2 2026

Labour taxes

3 460 €

↑ 8.1% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Real estate activities · EMTAK 68

Turnover · Q3 2026 469 638 €

above 98% of companies

industry median 15 029 € · companies in the industry: 7 444
Labour taxes per employee 1 730 €

above 81% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2024 1.5 mn €

above 98% of companies

industry median 12 863 € · companies in the industry: 31 545
Net profit margin · 2024 39.6 %

above 74% of companies

industry median 6.0 % · companies in the industry: 25 591

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 469 638 € · −3.0% vs Q2 2026 · industry median 15 029 € · 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.

Labour taxes per employee, € Q3 2026: 1 730 € · +8.1% vs Q2 2026 · industry median 857 € · above 81% 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.

Employees Q3 2026: 2 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 91 571 € · +30.8% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	469 638	91 571	3 460	2
Q2 2026	484 093	69 991	3 200	2
Q1 2026	479 254	74 372	2 187	3
Q4 2025	413 454	86 375	2 635	2
Q3 2025	397 840	86 306	4 238	1
Q2 2025	419 991	82 964	4 823	1
Q1 2025	443 350	63 327	4 657	2
Q4 2024	421 835	88 107	5 136	2
Q3 2024	518 712	80 326	4 257	1
Q2 2024	430 860	82 704	4 316	1
Q1 2024	515 694	76 779	7 105	2
Q4 2023	371 306	64 502	7 750	3
Q3 2023	535 036	90 755	7 267	2
Q2 2023	491 992	—	7 287	2
Q1 2023	342 566	—	5 915	3
Q4 2022	145 971	—	5 342	4
Q3 2022	454 516	—	5 343	4
Q2 2022	171 900	14 807	5 343	4
Q1 2022	189 838	10 884	4 636	4

Labour taxes per employee per month

577 €

Turnover per employee in the quarter

234 819 €

Q3 2026 · calculated from EMTA data

Financials by year

2015 – 2024

Revenue, € thousand 2024: 1 504 788 € · +15.4% vs 2023 · industry median 12 863 € · 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 2024: 595 413 € · −7.8% vs 2023 · industry median 256 € · 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, % 2024: 39.6 % · −10.0 pp vs the year before · industry median 6.0 % · above 74% 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 2024: 14 292 480 € · +3.7% vs 2023

Equity, € thousand 2024: 11 443 863 € · +4.9% vs 2023

Employees 2024: 2 · −50.0% vs 2023 · industry median 1 · above 70% 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
2024	1 504 788	595 413	41 095	14 292 480	11 443 863	2
2023	1 304 365	645 924	72 948	13 777 361	10 904 950	4
2022	917 146	727 050	85 963	13 244 156	10 259 026	4
2021	550 468	487 562	33 895	7 411 353	5 380 864	2
2020	529 103	325 547	32 474	3 317 571	2 398 337	2
2019	596 963	328 034	35 089	3 130 054	2 072 790	3
2018	—	—	—	—	—	2
2017	—	—	—	—	—	2
2016	—	—	—	—	—	2
2015	—	—	—	—	—	4
2014	—	—	—	—	—	0
2013	—	—	—	—	—	0
2012	—	—	—	—	—	0
2011	—	—	—	—	—	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 2024

Net profit margin

39.6 %

Net profit / revenue

Return on equity (ROE)

5.2 %

Net profit / equity

Return on assets (ROA)

4.2 %

Net profit / assets

Equity ratio

80.1 %

Equity / assets

Debt ratio

19.9 %

Liabilities / assets

Current ratio

0.68

Current assets / current liabilities

Revenue per employee

752 394 €

Revenue / average full-time employees

Labour cost per employee per month

1 712 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2024	1 Jan 2024 – 31 Dec 2024	9 Jan 2026	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	13 Dec 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	10 Nov 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	7 Nov 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	21 Mar 2020	Company’s own · audited	e-Äriregister

Board

Viktor Levada
Board member · since 2 Dec 2021

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Viktor Levada
Natural person · 2 556 €

100%

Owner in

LINNAMÄE ARENDUSE OSAÜHING
100%

Beneficial owners

Viktor Levada
Direct ownership · since 16 Jun 2026

Founders and other persons

Filipp Levada
Founder · 40 000 € · 26 Oct 2010

shared board members, owners or beneficial owners

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main
46721Wholesale of motor vehicle parts and accessories

Rulings 19

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10149240 / M7 27 Oct 2026	Warning of a fine: annual report not filed	26 Nov 2026	In force 27 Oct 2026	PDF
Ä 10149240 / M6 9 Sep 2024	Fine for not filing the report	24 Sep 2024	In force 25 Sep 2024	PDF
Ä 10149240 / M5 9 Jul 2024	Warning of a fine: annual report not filed	8 Aug 2024	In force 9 Jul 2024	PDF
Ä 10149240 / M4 29 Sep 2023	Warning of a fine: annual report not filed	29 Oct 2023	Deficiencies eliminated 11 Nov 2023	PDF
Ä 10149240 / 12 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 10149240 / 11 7 Feb 2023	Second (constitutive) merger entry		In force 7 Feb 2023	PDF
Ä 10149240 / 10 25 Feb 2022	Second (constitutive) merger entry		In force 25 Feb 2022	PDF
Ä 10149240 / M3 21 Feb 2022	Ruling to eliminate deficiencies	23 Mar 2022	Deficiencies eliminated 25 Feb 2022	PDF
Ä 10149240 / 9 2 Dec 2021	Amendment entry		In force 2 Dec 2021	PDF
Ä 10149240 / 8 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10149240 / 7 1 Dec 2017	Amendment entry		In force 1 Dec 2017	PDF
Ä 10149240 / M2 28 Sep 2016	Ruling to correct data outside an entry	28 Oct 2016	Deficiencies eliminated 29 Sep 2016	PDF
Ä 10149240 / 6 23 Jan 2014	Amendment under Commercial Code § 525 (2)		In force 23 Jan 2014	PDF
Ä 10149240 / 5 12 Dec 2013	Third (informative) division entry		In force 12 Dec 2013	PDF
Ä 10149240 / 4 12 Dec 2013	First (declaratory) division entry		In force 12 Dec 2013	PDF
Ä 10149240 / 3 16 May 2011	Amendment entry		In force 16 May 2011	PDF
Ä 10149240 / 2 11 Apr 2011	Entry refused: deficiencies not eliminated		In force 6 May 2011	PDF
Ä 10149240 / M1 3 Mar 2011	Ruling to eliminate deficiencies	3 Apr 2011	In force 3 Mar 2011	PDF
Ä 10149240 26 Oct 2010	First entry		In force 26 Oct 2010	PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data

FL Start OÜ

Position in the industry Real estate activities · EMTAK 68

Taxes and turnover

Financials by year

Financial ratios for 2024

Annual reports

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 19