FTS KV OÜ

Active Registry code 12780049 OÜ Tartu linn Registered 9 Jan 2015
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FTS KV OÜ is a OÜ based in Tartu linn, registry code 12780049, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €34 868 with employees.

Turnover
34 868 €
↑ 9.2% vs Q2 2026
State taxes
5 756 €
↓ 18.6% vs Q2 2026
Labour taxes
0 €
Employees
—

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Real estate activities · EMTAK 68

  • Turnover · Q3 2026 34 868 €
    industry median 15 030 € · companies in the industry: 7 443
  • Revenue · 2025 127 716 €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 152.5 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 34 868 € · +9.2% vs Q2 2026 · industry median 15 030 € · above 67% of the industry
010 00020 00030 00040 000Q4 2023 Company: 21 444 € Industry median: 14 897 €Q4·23Q1 2024 Company: 28 434 € Industry median: 15 027 €Q2 2024 Company: 31 929 € Industry median: 14 064 €Q2·24Q3 2024 Company: 31 929 € Industry median: 14 462 €Q4 2024 Company: 31 929 € Industry median: 14 610 €Q4·24Q1 2025 Company: 31 929 € Industry median: 14 672 €Q2 2025 Company: 31 929 € Industry median: 14 301 €Q2·25Q3 2025 Company: 31 929 € Industry median: 14 273 €Q4 2025 Company: 31 929 € Industry median: 14 464 €Q4·25Q1 2026 Company: 31 929 € Industry median: 14 759 €Q2 2026 Company: 31 929 € Industry median: 14 595 €Q2·26Q3 2026 Company: 34 868 € Industry median: 15 030 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 31 929 € Industry median: 14 610 €Q1 2025 Company: 31 929 € Industry median: 14 672 €Q1·25Q2 2025 Company: 31 929 € Industry median: 14 301 €Q3 2025 Company: 31 929 € Industry median: 14 273 €Q3·25Q4 2025 Company: 31 929 € Industry median: 14 464 €Q1 2026 Company: 31 929 € Industry median: 14 759 €Q1·26Q2 2026 Company: 31 929 € Industry median: 14 595 €Q3 2026 Company: 34 868 € Industry median: 15 030 €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.

State taxes, € Q3 2026: 5 756 € · −18.6% vs Q2 2026
02 0004 0006 0008 000Q4 2023 Company: 4 316 €Q4·23Q1 2024 Company: 6 010 €Q2 2024 Company: 7 011 €Q2·24Q3 2024 Company: 6 731 €Q4 2024 Company: 6 698 €Q4·24Q1 2025 Company: 6 907 €Q2 2025 Company: 6 623 €Q2·25Q3 2025 Company: 6 934 €Q4 2025 Company: 7 754 €Q4·25Q1 2026 Company: 7 014 €Q2 2026 Company: 7 071 €Q2·26Q3 2026 Company: 5 756 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 6 698 €Q1 2025 Company: 6 907 €Q1·25Q2 2025 Company: 6 623 €Q3 2025 Company: 6 934 €Q3·25Q4 2025 Company: 7 754 €Q1 2026 Company: 7 014 €Q1·26Q2 2026 Company: 7 071 €Q3 2026 Company: 5 756 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 34 868 5 756 — —
Q2 2026 31 929 7 071 — —
Q1 2026 31 929 7 014 — —
Q4 2025 31 929 7 754 — —
Q3 2025 31 929 6 934 — —
Q2 2025 31 929 6 623 — —
Q1 2025 31 929 6 907 — —
Q4 2024 31 929 6 698 — —
Q3 2024 31 929 6 731 — —
Q2 2024 31 929 7 011 — —
Q1 2024 28 434 6 010 — —
Q4 2023 21 444 4 316 — —
Q3 2023 21 444 4 065 — —
Q2 2023 21 444 4 224 — —
Q1 2023 21 444 4 357 — —
Q4 2022 21 444 4 309 — —
Q3 2022 21 444 4 324 109 —
Q2 2022 21 444 4 448 233 —
Q1 2022 16 796 2 202 233 1

Financials by year

2016 – 2025
Revenue, € thousand 2025: 127 716 € · +0.0% vs 2024 · industry median 13 620 € · above 90% of the industry
0501001502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 18 000 € Industry median: 10 800 €20192020 Company: 18 000 € Industry median: 10 586 €20202021 Company: 23 000 € Industry median: 11 162 €20212022 Company: 85 776 € Industry median: 11 789 €20222023 Company: 85 777 € Industry median: 12 224 €20232024 Company: 127 716 € Industry median: 12 853 €20242025 Company: 127 716 € Industry median: 13 620 €20250501001502018 Company: — Industry median: —2019 Company: 18 000 € Industry median: 10 800 €20192020 Company: 18 000 € Industry median: 10 586 €2021 Company: 23 000 € Industry median: 11 162 €20212022 Company: 85 776 € Industry median: 11 789 €2023 Company: 85 777 € Industry median: 12 224 €20232024 Company: 127 716 € Industry median: 12 853 €2025 Company: 127 716 € 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: 194 826 € · −87.4% vs 2024 · industry median 283 € · above 98% of the industry
-50005001 0001 5002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -24 870 € Industry median: 205 €20192020 Company: 1 406 € Industry median: 175 €20202021 Company: 4 554 € Industry median: 251 €20212022 Company: 199 976 € Industry median: 161 €20222023 Company: 113 758 € Industry median: 154 €20232024 Company: 1 551 396 € Industry median: 256 €20242025 Company: 194 826 € Industry median: 283 €2025-50005001 0001 5002 0002018 Company: — Industry median: —2019 Company: -24 870 € Industry median: 205 €20192020 Company: 1 406 € Industry median: 175 €2021 Company: 4 554 € Industry median: 251 €20212022 Company: 199 976 € Industry median: 161 €2023 Company: 113 758 € Industry median: 154 €20232024 Company: 1 551 396 € Industry median: 256 €2025 Company: 194 826 € 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: 152.5 % · −1 062.2 pp vs the year before · industry median 5.9 % · above 98% of the industry
-50005001 0001 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -138.2 % Industry median: 5.7 %20192020 Company: 7.8 % Industry median: 5.6 %20202021 Company: 19.8 % Industry median: 7.4 %20212022 Company: 233.1 % Industry median: 5.9 %20222023 Company: 132.6 % Industry median: 5.2 %20232024 Company: 1 214.7 % Industry median: 5.9 %20242025 Company: 152.5 % Industry median: 5.9 %2025-50005001 0001 5002018 Company: — Industry median: —2019 Company: -138.2 % Industry median: 5.7 %20192020 Company: 7.8 % Industry median: 5.6 %2021 Company: 19.8 % Industry median: 7.4 %20212022 Company: 233.1 % Industry median: 5.9 %2023 Company: 132.6 % Industry median: 5.2 %20232024 Company: 1 214.7 % Industry median: 5.9 %2025 Company: 152.5 % 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: 2 553 236 € · +8.2% vs 2024
01 0002 0003 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 488 135 €20192020 Company: 495 372 €20202021 Company: 499 910 €20212022 Company: 700 493 €20222023 Company: 808 382 €20232024 Company: 2 360 702 €20242025 Company: 2 553 236 €202501 0002 0003 0002018 Company: —2019 Company: 488 135 €20192020 Company: 495 372 €2021 Company: 499 910 €20212022 Company: 700 493 €2023 Company: 808 382 €20232024 Company: 2 360 702 €2025 Company: 2 553 236 €2025
Equity, € thousand 2025: 2 550 697 € · +8.2% vs 2024
01 0002 0003 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 487 281 €20192020 Company: 488 687 €20202021 Company: 493 241 €20212022 Company: 693 217 €20222023 Company: 806 975 €20232024 Company: 2 358 371 €20242025 Company: 2 550 697 €202501 0002 0003 0002018 Company: —2019 Company: 487 281 €20192020 Company: 488 687 €2021 Company: 493 241 €20212022 Company: 693 217 €2023 Company: 806 975 €20232024 Company: 2 358 371 €2025 Company: 2 550 697 €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: 1 Industry median: 120182019 Company: 1 Industry median: 120192020 Company: 1 Industry median: 120202021 Company: 1 Industry median: 120212022 Company: 1 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: 1 Industry median: 12019 Company: 1 Industry median: 120192020 Company: 1 Industry median: 12021 Company: 1 Industry median: 120212022 Company: 1 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 127 716 194 826 0 2 553 236 2 550 697 0
2024 127 716 1 551 396 0 2 360 702 2 358 371 0
2023 85 777 113 758 0 808 382 806 975 0
2022 85 776 199 976 1 499 700 493 693 217 1
2021 23 000 4 554 3 331 499 910 493 241 1
2020 18 000 1 406 3 880 495 372 488 687 1
2019 18 000 -24 870 4 503 488 135 487 281 1
2018 — — — — — 1
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 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
152.5 %
Net profit / revenue
Return on equity (ROE)
7.6 %
Net profit / equity
Return on assets (ROA)
7.6 %
Net profit / assets
Equity ratio
99.9 %
Equity / assets
Debt ratio
0.1 %
Liabilities / assets
Current ratio
295.72
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 1 Jul 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 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 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 5 Jul 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 5 Aug 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 26 Apr 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

  • Enn Kulp
    Natural person · 1 356 €
  • Gerri Kulp
    Natural person · 1 144 €

Beneficial owners

  • Enn Kulp
    Direct ownership · since 10 Sep 2018
  • Gerri Kulp
    Direct ownership · since 10 Sep 2018

Founders and other persons

  • Enn Kulp
    Founder · 1 356 € · 9 Jan 2015
  • Gerri Kulp
    Founder · 1 144 € · 9 Jan 2015
shared board members, owners or beneficial owners

Activities (EMTAK)

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

Rulings 7

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50000485 / 7
1 Sep 2023
 Amendment entry In force
1 Sep 2023
 PDF
Ä 50000485 / 6
18 Jan 2018
 Amendment entry In force
18 Jan 2018
 PDF
Ä 50000485 / 5
19 Dec 2017
 Amendment entry In force
19 Dec 2017
 PDF
Ä 50000485 / 4
9 Dec 2017
 Amendment entry In force
9 Dec 2017
 PDF
Ä 50000485 / 3
22 Mar 2015
 Third (informative) division entry In force
22 Mar 2015
 PDF
Ä 50000485 / 2
22 Mar 2015
 First (declaratory) division entry In force
22 Mar 2015
 PDF
Ä 50000485
9 Jan 2015
 First entry In force
9 Jan 2015
 PDF

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