Black Waterfall Advisory OÜ

Active Registry code 12034916 OÜ Püünsi küla Registered 3 Jan 2011
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Black Waterfall Advisory OÜ is a OÜ based in Püünsi küla, registry code 12034916, status: active. Main activity: Rental and operating of own or leased real estate. Its annual report for 2024 shows revenue of €0 and 0 employees.

Revenue
0 €
↓ 100.0% vs 2023
Employees
0
±0 vs 2023

2024 · annual report, e-Äriregister

Position in the industry Real estate activities · EMTAK 68

  • Revenue · 2024 0 €
    industry median 12 853 € · companies in the industry: 31 545

Taxes and turnover

No tax data available. EMTA publishes data for those who paid state taxes, filed a VAT return or had employees in the quarter. New and small companies may be missing.

Financials by year

2016 – 2025
Revenue, € 2024: 0 € · −100.0% vs 2023 · industry median 12 853 € · above 5% of the industry
05 00010 00015 00020 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 10 800 €20192020 Company: — Industry median: 10 586 €20202021 Company: — Industry median: 11 162 €20212022 Company: 17 103 € Industry median: 11 789 €20222023 Company: 1 125 € Industry median: 12 224 €20232024 Company: 0 € Industry median: 12 853 €20242025 Company: — Industry median: 13 620 €202505 00010 00015 00020 0002018 Company: — Industry median: —2019 Company: — Industry median: 10 800 €20192020 Company: — Industry median: 10 586 €2021 Company: — Industry median: 11 162 €20212022 Company: 17 103 € Industry median: 11 789 €2023 Company: 1 125 € Industry median: 12 224 €20232024 Company: 0 € Industry median: 12 853 €2025 Company: — 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: 42 439 € · +76.0% vs 2024 · industry median 283 € · above 90% of the industry
-200-10001002002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2 091 € Industry median: 205 €20192020 Company: -21 790 € Industry median: 175 €20202021 Company: -10 326 € Industry median: 251 €20212022 Company: -107 803 € Industry median: 161 €20222023 Company: 142 939 € Industry median: 154 €20232024 Company: 24 119 € Industry median: 256 €20242025 Company: 42 439 € Industry median: 283 €2025-200-10001002002018 Company: — Industry median: —2019 Company: 2 091 € Industry median: 205 €20192020 Company: -21 790 € Industry median: 175 €2021 Company: -10 326 € Industry median: 251 €20212022 Company: -107 803 € Industry median: 161 €2023 Company: 142 939 € Industry median: 154 €20232024 Company: 24 119 € Industry median: 256 €2025 Company: 42 439 € 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, % 2023: 12 705.7 % · +13 336.0 pp vs the year before · industry median 5.2 % · above 98% of the industry
-5 00005 00010 00015 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 5.7 %20192020 Company: — Industry median: 5.6 %20202021 Company: — Industry median: 7.4 %20212022 Company: -630.3 % Industry median: 5.9 %20222023 Company: 12 705.7 % Industry median: 5.2 %20232024 Company: — Industry median: 5.9 %20242025 Company: — Industry median: 5.9 %2025-5 00005 00010 00015 0002018 Company: — Industry median: —2019 Company: — Industry median: 5.7 %20192020 Company: — Industry median: 5.6 %2021 Company: — Industry median: 7.4 %20212022 Company: -630.3 % Industry median: 5.9 %2023 Company: 12 705.7 % Industry median: 5.2 %20232024 Company: — Industry median: 5.9 %2025 Company: — 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: 174 202 € · +37.2% vs 2024
01002003002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 189 534 €20192020 Company: 98 152 €20202021 Company: 266 564 €20212022 Company: 292 294 €20222023 Company: 170 867 €20232024 Company: 127 001 €20242025 Company: 174 202 €202501002003002018 Company: —2019 Company: 189 534 €20192020 Company: 98 152 €2021 Company: 266 564 €20212022 Company: 292 294 €2023 Company: 170 867 €20232024 Company: 127 001 €2025 Company: 174 202 €2025
Equity, € thousand 2025: 110 231 € · +62.6% vs 2024
-100-500501001502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 40 653 €20192020 Company: 18 863 €20202021 Company: 8 536 €20212022 Company: -99 266 €20222023 Company: 43 673 €20232024 Company: 67 792 €20242025 Company: 110 231 €2025-100-500501001502018 Company: —2019 Company: 40 653 €20192020 Company: 18 863 €2021 Company: 8 536 €20212022 Company: -99 266 €2023 Company: 43 673 €20232024 Company: 67 792 €2025 Company: 110 231 €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 — 42 439 0 174 202 110 231 0
2024 0 24 119 0 127 001 67 792 0
2023 1 125 142 939 0 170 867 43 673 0
2022 17 103 -107 803 0 292 294 -99 266 0
2021 — -10 326 0 266 564 8 536 0
2020 — -21 790 — 98 152 18 863 0
2019 — 2 091 — 189 534 40 653 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 0
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 2025

Return on equity (ROE)
38.5 %
Net profit / equity
Return on assets (ROA)
24.4 %
Net profit / assets
Equity ratio
63.3 %
Equity / assets
Debt ratio
36.7 %
Liabilities / assets
Current ratio
2.66
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 27 Mar 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 9 Jul 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 1 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 24 Sep 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 6 Sep 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Sep 2020 Company’s own e-Äriregister

Board

  • Ermo Kosk
    Board member · since 3 Jan 2011
  • Nasdaq CSD SE
    Keeper of the share register · since 22 Dec 2023

Right of representation

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

Owners

Beneficial owners

  • Ermo Kosk
    Direct ownership · since 3 Sep 2018

Founders and other persons

  • Ermo Kosk
    Founder · 2 500 € · 3 Jan 2011
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 10151094 / 6
22 Dec 2023
Amendment entry In force
22 Dec 2023
PDF
Ä 10151094 / 5
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 10151094 / 4
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10151094 / 3
1 Dec 2017
Amendment entry In force
1 Dec 2017
PDF
Ä 10151094 / 2
30 Dec 2015
Second (constitutive) merger entry In force
30 Dec 2015
PDF
Ä 10151094
3 Jan 2011
First entry In force
3 Jan 2011
PDF

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