Seaside Development OÜ

Active Registry code 12411748 OÜ Tallinn Registered 28 Jan 2013
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Seaside Development OÜ is a OÜ based in Tallinn, registry code 12411748, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €1 091 568 with 5 employees.

Turnover
1 091 568 €
↑ 14.0% vs Q2 2026
State taxes
195 207 €
↓ 7.2% vs Q2 2026
Labour taxes
29 130 €
↑ 7.0% vs Q2 2026
Employees
5
±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 1.1 mn €
    industry median 15 029 € · companies in the industry: 7 444
  • Labour taxes per employee 5 826 €
    industry median 857 € · companies in the industry: 7 261
  • Revenue · 2025 3.4 mn €
    industry median 13 620 € · companies in the industry: 30 470
  • Net profit margin · 2025 59.8 %
    industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 091 568 € · +14.0% vs Q2 2026 · industry median 15 029 € · above 98% of the industry
02505007501 0001 250Q4 2023 Company: 1 229 748 € Industry median: 14 897 €Q4·23Q1 2024 Company: 984 320 € Industry median: 15 031 €Q2 2024 Company: 988 031 € Industry median: 14 045 €Q2·24Q3 2024 Company: 877 207 € Industry median: 14 441 €Q4 2024 Company: 1 121 804 € Industry median: 14 605 €Q4·24Q1 2025 Company: 1 088 370 € Industry median: 14 686 €Q2 2025 Company: 886 028 € Industry median: 14 302 €Q2·25Q3 2025 Company: 833 558 € Industry median: 14 276 €Q4 2025 Company: 905 496 € Industry median: 14 465 €Q4·25Q1 2026 Company: 943 436 € Industry median: 14 753 €Q2 2026 Company: 957 723 € Industry median: 14 601 €Q2·26Q3 2026 Company: 1 091 568 € Industry median: 15 029 €Q3·2602505007501 0001 250Q4 2024 Company: 1 121 804 € Industry median: 14 605 €Q1 2025 Company: 1 088 370 € Industry median: 14 686 €Q1·25Q2 2025 Company: 886 028 € Industry median: 14 302 €Q3 2025 Company: 833 558 € Industry median: 14 276 €Q3·25Q4 2025 Company: 905 496 € Industry median: 14 465 €Q1 2026 Company: 943 436 € Industry median: 14 753 €Q1·26Q2 2026 Company: 957 723 € Industry median: 14 601 €Q3 2026 Company: 1 091 568 € Industry median: 15 029 €Q3·26
  • 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: 5 826 € · +7.0% vs Q2 2026 · industry median 857 € · above 98% of the industry
02 0004 0006 0008 000Q4 2023 Company: 6 418 € Industry median: 671 €Q4·23Q1 2024 Company: 5 946 € Industry median: 694 €Q2 2024 Company: 5 750 € Industry median: 712 €Q2·24Q3 2024 Company: 5 734 € Industry median: 728 €Q4 2024 Company: 4 656 € Industry median: 727 €Q4·24Q1 2025 Company: 4 757 € Industry median: 780 €Q2 2025 Company: 4 805 € Industry median: 771 €Q2·25Q3 2025 Company: 5 249 € Industry median: 812 €Q4 2025 Company: 5 227 € Industry median: 812 €Q4·25Q1 2026 Company: 6 799 € Industry median: 818 €Q2 2026 Company: 5 444 € Industry median: 828 €Q2·26Q3 2026 Company: 5 826 € Industry median: 857 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 4 656 € Industry median: 727 €Q1 2025 Company: 4 757 € Industry median: 780 €Q1·25Q2 2025 Company: 4 805 € Industry median: 771 €Q3 2025 Company: 5 249 € Industry median: 812 €Q3·25Q4 2025 Company: 5 227 € Industry median: 812 €Q1 2026 Company: 6 799 € Industry median: 818 €Q1·26Q2 2026 Company: 5 444 € Industry median: 828 €Q3 2026 Company: 5 826 € Industry median: 857 €Q3·26
  • 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: 5 · +0.0% vs Q2 2026
012345Q4 2023 Company: 4Q4·23Q1 2024 Company: 4Q2 2024 Company: 4Q2·24Q3 2024 Company: 4Q4 2024 Company: 5Q4·24Q1 2025 Company: 5Q2 2025 Company: 5Q2·25Q3 2025 Company: 5Q4 2025 Company: 5Q4·25Q1 2026 Company: 5Q2 2026 Company: 5Q2·26Q3 2026 Company: 5Q3·26012345Q4 2024 Company: 5Q1 2025 Company: 5Q1·25Q2 2025 Company: 5Q3 2025 Company: 5Q3·25Q4 2025 Company: 5Q1 2026 Company: 5Q1·26Q2 2026 Company: 5Q3 2026 Company: 5Q3·26
State taxes, € thousand Q3 2026: 195 207 € · −7.2% vs Q2 2026
050100150200250Q4 2023 Company: 239 167 €Q4·23Q1 2024 Company: 218 780 €Q2 2024 Company: 221 054 €Q2·24Q3 2024 Company: 154 225 €Q4 2024 Company: 244 268 €Q4·24Q1 2025 Company: 237 218 €Q2 2025 Company: 177 206 €Q2·25Q3 2025 Company: 144 072 €Q4 2025 Company: 223 874 €Q4·25Q1 2026 Company: 214 852 €Q2 2026 Company: 210 286 €Q2·26Q3 2026 Company: 195 207 €Q3·26050100150200250Q4 2024 Company: 244 268 €Q1 2025 Company: 237 218 €Q1·25Q2 2025 Company: 177 206 €Q3 2025 Company: 144 072 €Q3·25Q4 2025 Company: 223 874 €Q1 2026 Company: 214 852 €Q1·26Q2 2026 Company: 210 286 €Q3 2026 Company: 195 207 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 091 568 195 207 29 130 5
Q2 2026 957 723 210 286 27 219 5
Q1 2026 943 436 214 852 33 996 5
Q4 2025 905 496 223 874 26 136 5
Q3 2025 833 558 144 072 26 247 5
Q2 2025 886 028 177 206 24 024 5
Q1 2025 1 088 370 237 218 23 784 5
Q4 2024 1 121 804 244 268 23 281 5
Q3 2024 877 207 154 225 22 934 4
Q2 2024 988 031 221 054 23 000 4
Q1 2024 984 320 218 780 23 785 4
Q4 2023 1 229 748 239 167 25 671 4
Q3 2023 14 695 984 82 083 26 811 3
Q2 2023 641 183 113 604 26 565 3
Q1 2023 670 035 127 416 26 551 3
Q4 2022 638 014 129 326 25 552 4
Q3 2022 580 428 97 146 22 386 4
Q2 2022 418 422 69 205 12 712 3
Q1 2022 430 314 64 150 17 656 3
Labour taxes per employee per month
1 942 €
Turnover per employee in the quarter
218 314 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 3 395 143 € · −10.9% vs 2024 · industry median 13 620 € · above 98% of the industry
01 0002 0003 0004 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 767 554 € Industry median: 10 800 €20192020 Company: 1 395 983 € Industry median: 10 586 €20202021 Company: 1 635 246 € Industry median: 11 162 €20212022 Company: 2 665 520 € Industry median: 11 792 €20222023 Company: 3 195 538 € Industry median: 12 224 €20232024 Company: 3 811 192 € Industry median: 12 863 €20242025 Company: 3 395 143 € Industry median: 13 620 €202501 0002 0003 0004 0002018 Company: — Industry median: —2019 Company: 767 554 € Industry median: 10 800 €20192020 Company: 1 395 983 € Industry median: 10 586 €2021 Company: 1 635 246 € Industry median: 11 162 €20212022 Company: 2 665 520 € Industry median: 11 792 €2023 Company: 3 195 538 € Industry median: 12 224 €20232024 Company: 3 811 192 € Industry median: 12 863 €2025 Company: 3 395 143 € 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: 2 030 754 € · +7 368.5% vs 2024 · industry median 283 € · above 98% of the industry
02 0004 0006 0008 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 704 345 € Industry median: 205 €20192020 Company: 2 790 571 € Industry median: 175 €20202021 Company: 7 010 099 € Industry median: 251 €20212022 Company: 1 943 500 € Industry median: 161 €20222023 Company: 992 686 € Industry median: 154 €20232024 Company: 27 191 € Industry median: 256 €20242025 Company: 2 030 754 € Industry median: 283 €202502 0004 0006 0008 0002018 Company: — Industry median: —2019 Company: 704 345 € Industry median: 205 €20192020 Company: 2 790 571 € Industry median: 175 €2021 Company: 7 010 099 € Industry median: 251 €20212022 Company: 1 943 500 € Industry median: 161 €2023 Company: 992 686 € Industry median: 154 €20232024 Company: 27 191 € Industry median: 256 €2025 Company: 2 030 754 € 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: 59.8 % · +59.1 pp vs the year before · industry median 5.9 % · above 83% of the industry
01002003004005002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 91.8 % Industry median: 5.7 %20192020 Company: 199.9 % Industry median: 5.6 %20202021 Company: 428.7 % Industry median: 7.4 %20212022 Company: 72.9 % Industry median: 5.9 %20222023 Company: 31.1 % Industry median: 5.2 %20232024 Company: 0.7 % Industry median: 6.0 %20242025 Company: 59.8 % Industry median: 5.9 %202501002003004005002018 Company: — Industry median: —2019 Company: 91.8 % Industry median: 5.7 %20192020 Company: 199.9 % Industry median: 5.6 %2021 Company: 428.7 % Industry median: 7.4 %20212022 Company: 72.9 % Industry median: 5.9 %2023 Company: 31.1 % Industry median: 5.2 %20232024 Company: 0.7 % Industry median: 6.0 %2025 Company: 59.8 % 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: 52 545 167 € · −13.6% vs 2024
020 00040 00060 00080 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 6 228 206 €20192020 Company: 10 729 147 €20202021 Company: 15 187 416 €20212022 Company: 46 004 435 €20222023 Company: 61 117 255 €20232024 Company: 60 815 066 €20242025 Company: 52 545 167 €2025020 00040 00060 00080 0002018 Company: —2019 Company: 6 228 206 €20192020 Company: 10 729 147 €2021 Company: 15 187 416 €20212022 Company: 46 004 435 €2023 Company: 61 117 255 €20232024 Company: 60 815 066 €2025 Company: 52 545 167 €2025
Equity, € thousand 2025: 27 886 299 € · +7.9% vs 2024
010 00020 00030 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 4 963 878 €20192020 Company: 1 747 049 €20202021 Company: 8 757 148 €20212022 Company: 17 835 668 €20222023 Company: 25 828 354 €20232024 Company: 25 855 545 €20242025 Company: 27 886 299 €2025010 00020 00030 0002018 Company: —2019 Company: 4 963 878 €20192020 Company: 1 747 049 €2021 Company: 8 757 148 €20212022 Company: 17 835 668 €2023 Company: 25 828 354 €20232024 Company: 25 855 545 €2025 Company: 27 886 299 €2025
Employees 2025: 6 · +0.0% vs 2024 · industry median 1 · above 98% of the industry
02462016 Company: 1 Industry median: —20162017 Company: 1 Industry median: —20172018 Company: 1 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 3 Industry median: 120212022 Company: 5 Industry median: 120222023 Company: 5 Industry median: 120232024 Company: 6 Industry median: 120242025 Company: 6 Industry median: 1202502462018 Company: 1 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 3 Industry median: 120212022 Company: 5 Industry median: 12023 Company: 5 Industry median: 120232024 Company: 6 Industry median: 12025 Company: 6 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 3 395 143 2 030 754 256 950 52 545 167 27 886 299 6
2024 3 811 192 27 191 226 122 60 815 066 25 855 545 6
2023 3 195 538 992 686 253 296 61 117 255 25 828 354 5
2022 2 665 520 1 943 500 218 342 46 004 435 17 835 668 5
2021 1 635 246 7 010 099 120 375 15 187 416 8 757 148 3
2020 1 395 983 2 790 571 9 842 10 729 147 1 747 049 0
2019 767 554 704 345 0 6 228 206 4 963 878 0
2018 — — — — — 1
2017 — — — — — 1
2016 — — — — — 1
2015 — — — — — 1
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
55.6 %
Net profit / revenue
Return on equity (ROE)
7.3 %
Net profit / equity
Return on assets (ROA)
3.9 %
Net profit / assets
Equity ratio
53.1 %
Equity / assets
Debt ratio
46.9 %
Liabilities / assets
Current ratio
1.22
Current assets / current liabilities
Revenue per employee
609 275 €
Revenue / average full-time employees
Labour cost per employee per month
3 569 €
Labour costs / employees / 12 months (incl. employer taxes)

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 · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 11 Feb 2020 Company’s own · audited e-Äriregister

Board

  • Argo Suursoho
    Board member · since 18 Nov 2020
  • Mehis Rump
    Board member · since 18 Nov 2020
  • Nasdaq CSD SE
    Keeper of the share register · since 6 Jun 2020

Right of representation

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

Owners

Owner in

Beneficial owners

Founders and other persons

  • AS JetCapital
    Founder · 1 500 € · 25 Jan 2013
  • Lotus Capital Osaühing
    Founder · 1 500 € · 25 Jan 2013
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68201Rental and operating of own or leased real estate Main
  • 33151Repair and maintenance of civilian ships and boats
Rulings
Number, date Title Deadline State Document
Ä 10178658 / 11
27 Jul 2023
Amendment entry In force
27 Jul 2023
PDF
Ä 10178658 / 10
22 Sep 2022
Second (constitutive) merger entry In force
22 Sep 2022
PDF
Ä 10178658 / 9
15 Jun 2022
Second (constitutive) merger entry In force
15 Jun 2022
PDF
Ä 10178658 / M2
13 Jun 2022
Ruling to eliminate deficiencies 13 Jul 2022 Deficiencies eliminated
15 Jun 2022
PDF
Ä 10178658 / 8
22 Jan 2021
Second (constitutive) merger entry In force
22 Jan 2021
PDF
Ä 10178658 / 7
13 Jan 2021
Amendment under Commercial Code § 525 (2) In force
13 Jan 2021
PDF
Ä 10178658 / 6
18 Nov 2020
Amendment entry In force
18 Nov 2020
PDF
Ä 10178658 / M1
9 Nov 2020
Ruling to eliminate deficiencies 24 Nov 2020 Deficiencies eliminated
18 Nov 2020
PDF
Ä 10178658 / 5
6 Jun 2020
Amendment entry In force
6 Jun 2020
PDF
Ä 10178658 / 4
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 10178658 / 3
5 Dec 2017
Amendment entry In force
5 Dec 2017
PDF
Ä 10178658 / 2
1 Sep 2016
Amendment entry In force
1 Sep 2016
PDF
Ä 10178658
28 Jan 2013
First entry In force
28 Jan 2013
PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data