City Lights OÜ

Active Registry code 12385519 OÜ Tallinn Registered 29 Nov 2012

City Lights OÜ is a OÜ based in Tallinn, registry code 12385519, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €44 214 with 1 employees.

Turnover

44 214 €

↑ 3.0% vs Q2 2026

State taxes

2 787 €

↑ 54.7% vs Q2 2026

Labour taxes

2 146 €

↑ 200.1% 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 44 214 €

above 71% of companies

industry median 15 030 € · companies in the industry: 7 443
Labour taxes per employee 2 146 €

above 86% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 162 442 €

above 91% of companies

industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 2025 10.5 %

above 56% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 44 214 € · +3.0% vs Q2 2026 · industry median 15 030 € · above 71% 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: 2 146 € · +200.1% vs Q2 2026 · industry median 857 € · above 86% 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: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 2 787 € · +54.7% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	44 214	2 787	2 146	1
Q2 2026	42 942	1 801	715	1
Q1 2026	38 156	896	—	—
Q4 2025	40 474	878	—	—
Q3 2025	39 457	1 122	—	—
Q2 2025	40 778	1 027	—	—
Q1 2025	42 172	781	—	—
Q4 2024	41 488	786	—	—
Q3 2024	38 230	377	—	—
Q2 2024	38 691	749	—	—
Q1 2024	41 013	930	—	—
Q4 2023	38 011	868	—	—
Q3 2023	36 005	840	—	—
Q2 2023	40 689	901	—	—
Q1 2023	41 276	909	—	—
Q4 2022	37 879	682	—	—
Q3 2022	37 177	902	—	—
Q2 2022	36 573	817	—	—
Q1 2022	34 606	665	—	—

Labour taxes per employee per month

715 €

Turnover per employee in the quarter

44 214 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 162 442 € · +2.0% vs 2024 · industry median 13 620 € · above 91% 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: 16 993 € · +77.1% vs 2024 · industry median 283 € · above 84% 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: 10.5 % · +4.4 pp vs the year before · industry median 5.9 % · above 56% 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 2025: 182 987 € · +14.8% vs 2024

Equity, € 2025: 70 291 € · +31.9% 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	162 442	16 993	0	182 987	70 291	0
2024	159 225	9 594	0	159 338	53 298	0
2023	155 153	17 332	0	139 422	43 704	0
2022	149 076	14 151	0	107 773	26 372	0
2021	109 081	-3 419	4 473	39 108	14 721	1
2020	14 936	614	8 201	19 859	18 140	1
2019	14 429	-761	8 145	19 833	17 526	1
2018	—	—	—	—	—	2
2017	—	—	—	—	—	2
2016	—	—	—	—	—	3
2015	—	—	—	—	—	2
2014	—	—	—	—	—	2
2013	—	—	—	—	—	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

10.5 %

Net profit / revenue

Return on equity (ROE)

24.2 %

Net profit / equity

Return on assets (ROA)

9.3 %

Net profit / assets

Equity ratio

38.4 %

Equity / assets

Debt ratio

61.6 %

Liabilities / assets

Current ratio

1.62

Current assets / current liabilities

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	13 Mar 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	28 Mar 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	22 Mar 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	24 Mar 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	22 Apr 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	17 Mar 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	8 Apr 2020	Company’s own	e-Äriregister

Board

Andrey Kolesnik
Board member · since 29 Nov 2012

Right of representation

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

Owners

Andrey Kolesnik
Natural person · 2 500 €

100%

Beneficial owners

Andrey Kolesnik
Direct ownership · since 30 Oct 2018

Founders and other persons

Andrey Kolesnik
Founder · 2 500 € · 29 Nov 2012

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main

Rulings 5

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10176774 / 5 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10176774 / 4 16 Jun 2021	Amendment entry	In force 16 Jun 2021	PDF
Ä 10176774 / 3 17 Jan 2018	Amendment entry	In force 17 Jan 2018	PDF
Ä 10176774 / 2 3 Dec 2017	Amendment entry	In force 3 Dec 2017	PDF
Ä 10176774 29 Nov 2012	First entry	In force 29 Nov 2012	PDF

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