Letters OÜ

Active Registry code 12203091 OÜ Tallinn Registered 8 Dec 2011
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Letters OÜ is a OÜ based in Tallinn, registry code 12203091, status: active. Main activity: Rental and operating of own or leased real estate. Its annual report for 2025 shows revenue of €7 701 and 0 employees.

Turnover
—
State taxes
30 €
Labour taxes
0 €
Employees
—

Q1 2024 · data from the Tax and Customs Board (EMTA)

Position in the industry Real estate activities · EMTAK 68

  • Revenue · 2025 7 701 €
    industry median 13 620 € · companies in the industry: 30 470
  • Net profit margin · 2025 262.2 %
    industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q1 2024 – Q1 2024
State taxes, € Q1 2024: 30 €
0102030Q1 2024 Company: 30 €Q1·240102030Q1 2024 Company: 30 €Q1·24
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q1 2024 — 30 — —

Financials by year

2016 – 2025
Revenue, € 2025: 7 701 € · +125.6% vs 2024 · industry median 13 620 € · above 38% of the industry
05 00010 00015 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4 535 € Industry median: 10 800 €20192020 Company: 3 690 € Industry median: 10 586 €20202021 Company: 4 995 € Industry median: 11 162 €20212022 Company: 2 264 € Industry median: 11 792 €20222023 Company: 860 € Industry median: 12 224 €20232024 Company: 3 413 € Industry median: 12 863 €20242025 Company: 7 701 € Industry median: 13 620 €202505 00010 00015 0002018 Company: — Industry median: —2019 Company: 4 535 € Industry median: 10 800 €20192020 Company: 3 690 € Industry median: 10 586 €2021 Company: 4 995 € Industry median: 11 162 €20212022 Company: 2 264 € Industry median: 11 792 €2023 Company: 860 € Industry median: 12 224 €20232024 Company: 3 413 € Industry median: 12 863 €2025 Company: 7 701 € 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, € 2025: 20 192 € · +62.0% vs 2024 · industry median 283 € · above 85% of the industry
010 00020 00030 00040 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4 155 € Industry median: 205 €20192020 Company: 1 770 € Industry median: 175 €20202021 Company: 28 526 € Industry median: 250 €20212022 Company: 38 235 € Industry median: 161 €20222023 Company: 9 665 € Industry median: 154 €20232024 Company: 12 464 € Industry median: 256 €20242025 Company: 20 192 € Industry median: 283 €2025010 00020 00030 00040 0002018 Company: — Industry median: —2019 Company: 4 155 € Industry median: 205 €20192020 Company: 1 770 € Industry median: 175 €2021 Company: 28 526 € Industry median: 250 €20212022 Company: 38 235 € Industry median: 161 €2023 Company: 9 665 € Industry median: 154 €20232024 Company: 12 464 € Industry median: 256 €2025 Company: 20 192 € 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, % 2025: 262.2 % · −103.0 pp vs the year before · industry median 5.9 % · above 98% of the industry
05001 0001 5002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 91.6 % Industry median: 5.7 %20192020 Company: 48.0 % Industry median: 5.6 %20202021 Company: 571.1 % Industry median: 7.4 %20212022 Company: 1 688.8 % Industry median: 5.9 %20222023 Company: — Industry median: 5.2 %20232024 Company: 365.2 % Industry median: 5.9 %20242025 Company: 262.2 % Industry median: 5.9 %202505001 0001 5002 0002018 Company: — Industry median: —2019 Company: 91.6 % Industry median: 5.7 %20192020 Company: 48.0 % Industry median: 5.6 %2021 Company: 571.1 % Industry median: 7.4 %20212022 Company: 1 688.8 % Industry median: 5.9 %2023 Company: — Industry median: 5.2 %20232024 Company: 365.2 % Industry median: 5.9 %2025 Company: 262.2 % 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: 156 244 € · +33.8% vs 2024
0501001502002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 18 634 €20192020 Company: 46 545 €20202021 Company: 53 931 €20212022 Company: 94 666 €20222023 Company: 104 331 €20232024 Company: 116 795 €20242025 Company: 156 244 €20250501001502002018 Company: —2019 Company: 18 634 €20192020 Company: 46 545 €2021 Company: 53 931 €20212022 Company: 94 666 €2023 Company: 104 331 €20232024 Company: 116 795 €2025 Company: 156 244 €2025
Equity, € thousand 2025: 136 987 € · +17.3% vs 2024
0501001502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 18 634 €20192020 Company: 22 905 €20202021 Company: 53 931 €20212022 Company: 94 666 €20222023 Company: 104 331 €20232024 Company: 116 795 €20242025 Company: 136 987 €20250501001502018 Company: —2019 Company: 18 634 €20192020 Company: 22 905 €2021 Company: 53 931 €20212022 Company: 94 666 €2023 Company: 104 331 €20232024 Company: 116 795 €2025 Company: 136 987 €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 7 701 20 192 0 156 244 136 987 0
2024 3 413 12 464 0 116 795 116 795 0
2023 860 9 665 0 104 331 104 331 0
2022 2 264 38 235 0 94 666 94 666 0
2021 4 995 28 526 0 53 931 53 931 0
2020 3 690 1 770 0 46 545 22 905 0
2019 4 535 4 155 0 18 634 18 634 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 0
2014 — — — — — 0
2013 — — — — — 0
2012 — — — — — 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

Net profit margin
262.2 %
Net profit / revenue
Return on equity (ROE)
14.7 %
Net profit / equity
Return on assets (ROA)
12.9 %
Net profit / assets
Equity ratio
87.7 %
Equity / assets
Debt ratio
12.3 %
Liabilities / assets
Current ratio
8.11
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 29 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 4 Jul 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 7 Oct 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 12 Aug 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 3 Jul 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68201Rental and operating of own or leased real estate Main

Rulings 5

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 10163217 / 5
1 Sep 2023
 Amendment entry In force
1 Sep 2023
 PDF
Ä 10163217 / 4
17 Jan 2018
 Amendment entry In force
17 Jan 2018
 PDF
Ä 10163217 / 3
2 Dec 2017
 Amendment entry In force
2 Dec 2017
 PDF
Ä 10163217 / 2
16 Sep 2016
 Amendment entry In force
16 Sep 2016
 PDF
Ä 10163217
8 Dec 2011
 First entry In force
8 Dec 2011
 PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data