Etola Kinnisvara Eesti OÜ

Active Registry code 12636631 OÜ Peetri alevik Registered 28 Mar 2014

Etola Kinnisvara Eesti OÜ is a OÜ based in Peetri alevik, registry code 12636631, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €90 090 with 1 employees.

Turnover

90 090 €

↓ 3.8% vs Q2 2026

State taxes

20 440 €

↑ 4.4% vs Q2 2026

Labour taxes

1 955 €

↑ 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 90 090 €

above 81% of companies

industry median 15 030 € · companies in the industry: 7 443
Labour taxes per employee 1 955 €

above 85% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 374 362 €

above 98% of companies

industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 2025 17.6 %

above 62% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 90 090 € · −3.8% vs Q2 2026 · industry median 15 030 € · above 81% 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: 1 955 € · +0.0% vs Q2 2026 · industry median 857 € · above 85% 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: 20 440 € · +4.4% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	90 090	20 440	1 955	1
Q2 2026	93 638	19 581	1 955	1
Q1 2026	110 935	20 938	1 935	1
Q4 2025	92 265	19 427	1 894	1
Q3 2025	86 787	19 079	1 894	1
Q2 2025	91 683	18 062	1 894	1
Q1 2025	104 070	18 417	1 873	1
Q4 2024	89 533	17 791	1 830	1
Q3 2024	82 553	17 403	1 830	1
Q2 2024	86 629	17 054	1 830	1
Q1 2024	97 437	16 795	1 830	1
Q4 2023	86 961	16 075	1 830	1
Q3 2023	84 275	15 580	1 830	1
Q2 2023	89 926	15 187	1 830	1
Q1 2023	101 775	13 101	765	1
Q4 2022	91 623	15 113	765	1
Q3 2022	85 006	12 308	765	1
Q2 2022	80 209	11 698	765	1
Q1 2022	88 819	12 416	765	1

Labour taxes per employee per month

652 €

Turnover per employee in the quarter

90 090 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 374 362 € · +4.8% vs 2024 · industry median 13 620 € · 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, € thousand 2025: 65 805 € · +179.6% vs 2024 · industry median 283 € · 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 margin, % 2025: 17.6 % · +40.7 pp vs the year before · industry median 5.9 % · above 62% 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: 4 072 098 € · −1.7% vs 2024

Equity, € thousand 2025: 1 932 878 € · +3.5% 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, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	374 362	65 805	17 599	4 072 098	1 932 878	2
2024	357 205	-82 647	17 599	4 144 169	1 867 073	2
2023	360 189	-79 681	15 870	4 216 988	-50 280	2
2022	345 646	19 294	7 225	4 380 312	29 401	1
2021	252 874	-41 811	7 225	4 420 798	-29 893	1
2020	34 848	-110 572	5 352	4 430 259	-28 082	1
2019	0	-64 562	22 740	2 517 148	82 490	0
2018	—	—	—	—	—	0
2017	—	—	—	—	—	0
2016	—	—	—	—	—	0
2015	—	—	—	—	—	0
2014	—	—	—	—	—	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

17.6 %

Net profit / revenue

Return on equity (ROE)

3.4 %

Net profit / equity

Return on assets (ROA)

1.6 %

Net profit / assets

Equity ratio

47.5 %

Equity / assets

Debt ratio

52.5 %

Liabilities / assets

Current ratio

1.00

Current assets / current liabilities

Revenue per employee

187 181 €

Revenue / average full-time employees

Labour cost per employee per month

733 €

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	20 May 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	5 Sep 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	10 Oct 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	29 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	20 Jun 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	13 Jul 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	4 Jul 2020	Company’s own · audited	e-Äriregister

Board

Tarmo Rosenberg
Board member · since 12 Oct 2020
Mika Petteri Arvaja
Board member · since 28 Jun 2023
Petri Matias Minkkinen
Board member · since 28 Jun 2023

Right of representation

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

Owners

Etra Balti AS
Legal person · 10114259 · 2 500 €

100%

Beneficial owners

Erkki Etola
Indirect ownership · FIN · since 29 Oct 2018

Founders and other persons

Heino Piirsalu
Founder · 2 500 € · 28 Mar 2014

shared board members, owners or beneficial owners

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main

Rulings 16

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10194407 / M5 2 Sep 2024	Fine for not filing the report	17 Sep 2024	In force 18 Sep 2024	PDF
Ä 10194407 / M4 10 Jul 2024	Warning of a fine: annual report not filed	9 Aug 2024	In force 10 Jul 2024	PDF
Ä 10194407 / 11 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10194407 / 10 28 Jun 2023	Amendment entry		In force 28 Jun 2023	PDF
Ä 10194407 / 9 13 Dec 2021	Amendment entry		In force 13 Dec 2021	PDF
Ä 10194407 / 8 12 Nov 2020	Amendment entry		In force 12 Nov 2020	PDF
Ä 10194407 / 7 12 Oct 2020	Amendment entry		In force 12 Oct 2020	PDF
Ä 10194407 / 6 19 Jan 2018	Amendment entry		In force 19 Jan 2018	PDF
Ä 10194407 / 5 7 Dec 2017	Amendment entry		In force 7 Dec 2017	PDF
Ä 10194407 / M3 12 May 2017	Ruling to eliminate deficiencies in the annual report	11 Jun 2017	Deficiencies eliminated 23 May 2017	PDF
Ä 10194407 / 4 18 Sep 2014	Amendment entry		In force 18 Sep 2014	PDF
Ä 10194407 / M2 16 Sep 2014	Ruling to eliminate deficiencies	16 Oct 2014	Deficiencies eliminated 18 Sep 2014	PDF
Ä 10194407 / 3 18 Jul 2014	Entry refused: deficiencies not eliminated		In force 18 Jul 2014	PDF
Ä 10194407 / 2 18 Jul 2014	Amendment entry		In force 18 Jul 2014	PDF
Ä 10194407 / M1 20 May 2014	Ruling to eliminate deficiencies	19 Jun 2014	In force 20 May 2014	PDF
Ä 10194407 28 Mar 2014	First entry		In force 28 Mar 2014	PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data

Etola Kinnisvara Eesti 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

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 16