Varmas Ehitus OÜ

Active Registry code 12134546 OÜ Tallinn Registered 18 Jul 2011

Varmas Ehitus OÜ is a OÜ based in Tallinn, registry code 12134546, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €653 with employees.

Turnover

653 €

↓ 25.0% vs Q2 2026

State taxes

85 €

↑ 240.0% 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 653 €

above 7% of companies

industry median 15 030 € · companies in the industry: 7 443
Revenue · 2025 2 576 €

above 24% of companies

industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 2025 1.8 %

above 41% of companies

industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 653 € · −25.0% vs Q2 2026 · industry median 15 030 € · above 7% 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.

State taxes, € Q3 2026: 85 € · +240.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	653	85	—	—
Q2 2026	871	25	—	—
Q1 2026	653	115	—	—
Q4 2025	871	104	—	—
Q3 2025	405	61	—	—
Q2 2025	615	93	—	—
Q1 2025	615	43	—	—
Q4 2024	615	52	—	—
Q3 2024	615	63	—	—
Q2 2024	615	61	—	—
Q1 2024	1 061	210	—	—
Q4 2023	5 405	943	—	—
Q3 2023	725	55	—	—
Q2 2023	725	710	704	—
Q1 2023	725	806	789	1
Q4 2022	2 570	3 096	3 211	1
Q3 2022	19 680	5 021	2 759	3
Q2 2022	19 847	5 103	2 964	3
Q1 2022	14 641	4 051	2 529	3

Financials by year

2016 – 2025

Revenue, € 2025: 2 576 € · −10.2% vs 2024 · industry median 13 620 € · above 24% 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, € 2025: 46 € · −89.6% vs 2024 · industry median 283 € · above 43% 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, % 2025: 1.8 % · −13.7 pp vs the year before · industry median 5.9 % · above 41% 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, € 2025: 16 737 € · +0.5% vs 2024

Equity, € 2025: 7 184 € · +0.6% vs 2024

Employees 2025: 0 · industry median 1 · above 2% 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
2025	2 576	46	0	16 737	7 184	0
2024	2 869	444	0	16 655	7 138	0
2023	7 580	4	2 910	16 143	6 694	1
2022	53 667	-3 003	30 479	12 341	6 690	3
2021	58 063	-8 368	37 768	28 320	9 693	3
2020	56 426	6 736	33 677	27 252	18 061	3
2019	68 152	-298	35 695	27 214	11 325	3
2018	—	—	—	—	—	3
2017	—	—	—	—	—	3
2016	—	—	—	—	—	3
2015	—	—	—	—	—	3
2014	—	—	—	—	—	3
2013	—	—	—	—	—	3
2012	—	—	—	—	—	3

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

1.8 %

Net profit / revenue

Return on equity (ROE)

0.6 %

Net profit / equity

Return on assets (ROA)

0.3 %

Net profit / assets

Equity ratio

42.9 %

Equity / assets

Debt ratio

57.1 %

Liabilities / assets

Current ratio

1.72

Current assets / current liabilities

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	30 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	12 Apr 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	27 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	30 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	14 Jul 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	27 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	14 Oct 2020	Company’s own	e-Äriregister

Board

Hans Määltsemees
Board member · since 28 Sep 2011

Right of representation

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

Owners

Hans Määltsemees
Natural person · 2 508 €

100%

Beneficial owners

Hans Määltsemees
Direct ownership · since 20 Oct 2018

Founders and other persons

No other persons.

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10158203 / 9 2 Sep 2023	Amendment entry	In force 2 Sep 2023	PDF
Ä 10158203 / 8 30 Jun 2019	Amendment entry	In force 30 Jun 2019	PDF
Ä 10158203 / 7 17 Jan 2018	Amendment entry	In force 17 Jan 2018	PDF
Ä 10158203 / 6 2 Dec 2017	Amendment entry	In force 2 Dec 2017	PDF
Ä 10158203 / 5 15 Sep 2016	Amendment entry	In force 15 Sep 2016	PDF
Ä 10158203 / 4 28 Sep 2011	Note on closing the former card of a transformed company	In force 28 Sep 2011	PDF
Ä 10158203 / 3 28 Sep 2011	Transformation entry	In force 28 Sep 2011	PDF
Ä 10158203 / 2 22 Sep 2011	Amendment entry	In force 22 Sep 2011	PDF
Ä 10158203 18 Jul 2011	First entry	In force 18 Jul 2011	PDF

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