Krugman Holding OÜ

Active Registry code 12389405 OÜ Tallinn Registered 7 Dec 2012

Krugman Holding OÜ is a OÜ based in Tallinn, registry code 12389405, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €6 532 with 1 employees.

Turnover

6 532 €

↓ 11.3% vs Q2 2026

State taxes

10 684 €

↓ 1.5% vs Q2 2026

Labour taxes

9 281 €

↑ 0.0% 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 6 532 €

above 33% of companies

industry median 15 030 € · companies in the industry: 7 443
Labour taxes per employee 9 281 €

above 98% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 51 410 €

above 80% of companies

industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 2025 4 446.1 %

above 98% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 6 532 € · −11.3% vs Q2 2026 · industry median 15 030 € · above 33% 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: 9 281 € · +0.0% vs Q2 2026 · industry median 857 € · 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.

Employees Q3 2026: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 10 684 € · −1.5% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	6 532	10 684	9 281	1
Q2 2026	7 368	10 845	9 281	1
Q1 2026	7 246	12 130	9 589	1
Q4 2025	6 973	12 684	10 205	1
Q3 2025	6 781	11 934	10 205	1
Q2 2025	7 244	11 889	10 205	1
Q1 2025	8 341	11 749	9 614	1
Q4 2024	6 858	10 173	9 161	1
Q3 2024	7 119	10 173	9 161	1
Q2 2024	7 677	9 466	9 161	1
Q1 2024	7 099	9 209	8 883	1
Q4 2023	7 389	9 711	8 743	1
Q3 2023	7 500	9 080	8 743	1
Q2 2023	8 072	9 080	8 743	1
Q1 2023	7 702	9 716	8 743	1
Q4 2022	6 574	9 627	8 743	1
Q3 2022	6 548	8 952	8 608	1
Q2 2022	7 332	9 356	9 138	1
Q1 2022	7 483	9 038	8 244	1

Labour taxes per employee per month

3 094 €

Turnover per employee in the quarter

6 532 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 51 410 € · −0.4% vs 2024 · industry median 13 620 € · above 80% 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 2025: 2 285 732 € · −70.1% vs 2024 · industry median 283 € · 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, % 2025: 4 446.1 % · −10 353.0 pp vs the year before · industry median 5.9 % · 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.

Assets, € thousand 2025: 44 657 271 € · +1.7% vs 2024

Equity, € thousand 2025: 39 174 555 € · +3.8% vs 2024

Employees 2025: 2 · +0.0% vs 2024 · 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, €	Assets, €	Equity, €	Employees
2025	51 410	2 285 732	44 657 271	39 174 555	2
2024	51 641	7 642 383	43 912 479	37 723 823	2
2023	52 484	13 988 180	43 695 589	33 073 051	2
2022	51 178	1 594 742	30 363 333	19 934 872	2
2021	50 610	2 804 886	27 654 219	18 925 129	2
2020	51 947	3 417 693	25 357 473	16 848 243	1
2019	137 668	1 328 135	21 917 559	13 634 551	1
2018	—	—	—	—	1
2017	—	—	—	—	0
2016	—	—	—	—	0
2015	—	—	—	—	0
2014	—	—	—	—	0
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

4 446.1 %

Net profit / revenue

Return on equity (ROE)

5.8 %

Net profit / equity

Return on assets (ROA)

5.1 %

Net profit / assets

Equity ratio

87.7 %

Equity / assets

Debt ratio

12.3 %

Liabilities / assets

Current ratio

1.44

Current assets / current liabilities

Revenue per employee

25 705 €

Revenue / average full-time employees

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	17 Jul 2026	Consolidated · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	22 Oct 2025	Consolidated · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	23 Jul 2024	Consolidated · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	15 Sep 2023	Consolidated · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	26 Aug 2022	Consolidated · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	11 Aug 2021	Consolidated · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	24 Mar 2021	Consolidated · audited	e-Äriregister

Board

Jaanus Otsa
Board member · since 7 Dec 2012

Right of representation

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

Owners

Jaanus Otsa
Natural person · 2 500 €

100%

Owner in

Beneficial owners

Jaanus Otsa
Direct ownership · since 19 Oct 2018

Founders and other persons

Jaanus Otsa
Founder · 2 500 € · 7 Dec 2012

shared board members, owners or beneficial owners

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main

Rulings 15

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10177070 / 13 7 Sep 2026	Amendment entry		In force 7 Sep 2026	PDF
Ä 10177070 / M2 9 Jul 2024	Warning of a fine: annual report not filed	8 Aug 2024	Deficiencies eliminated 25 Jul 2024	PDF
Ä 10177070 / 12 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10177070 / 11 20 Feb 2023	Second (constitutive) merger entry		In force 20 Feb 2023	PDF
Ä 10177070 / 10 24 Jan 2019	Second (constitutive) merger entry		In force 24 Jan 2019	PDF
Ä 10177070 / 9 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 10177070 / 8 11 Dec 2017	Amendment under Commercial Code § 525 (2)		In force 11 Dec 2017	PDF
Ä 10177070 / 7 3 Dec 2017	Amendment entry		In force 3 Dec 2017	PDF
Ä 10177070 / 6 7 Dec 2016	Second (constitutive) merger entry		In force 7 Dec 2016	PDF
Ä 10177070 / M1 5 Dec 2016	Ruling to eliminate deficiencies	4 Jan 2017	Deficiencies eliminated 6 Dec 2016	PDF
Ä 10177070 / 5 9 Aug 2016	Second (constitutive) merger entry		In force 9 Aug 2016	PDF
Ä 10177070 / 4 13 Jan 2016	Amendment entry		In force 13 Jan 2016	PDF
Ä 10177070 / 3 14 May 2015	Amendment entry		In force 14 May 2015	PDF
Ä 10177070 / 2 4 Sep 2014	Second (constitutive) merger entry		In force 4 Sep 2014	PDF
Ä 10177070 7 Dec 2012	First entry		In force 7 Dec 2012	PDF

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

Krugman Holding OÜ

Position in the industry Real estate activities · EMTAK 68

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 15