OÜ Tallinna Ehitustrust

Active Registry code 12839653 OÜ Tartu linn Registered 24 Apr 2015
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OÜ Tallinna Ehitustrust is a OÜ based in Tartu linn, registry code 12839653, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €14 824 536 with 29 employees.

Turnover
14 824 536 €
↑ 30.9% vs Q2 2026
State taxes
976 617 €
↓ 2.6% vs Q2 2026
Labour taxes
259 091 €
↓ 31.9% vs Q2 2026
Employees
29
+1 vs Q2 2026

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

  • Turnover · Q3 2026 14.8 mn €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 8 934 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 45.6 mn €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 7.3 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 14 824 536 € · +30.9% vs Q2 2026 · industry median 25 252 € · above 98% of the industry
05 00010 00015 000Q4 2023 Company: 6 874 109 € Industry median: 26 427 €Q4·23Q1 2024 Company: 6 862 673 € Industry median: 19 618 €Q2 2024 Company: 6 131 381 € Industry median: 21 373 €Q2·24Q3 2024 Company: 6 965 877 € Industry median: 26 160 €Q4 2024 Company: 7 045 501 € Industry median: 25 496 €Q4·24Q1 2025 Company: 10 307 299 € Industry median: 19 568 €Q2 2025 Company: 13 607 129 € Industry median: 22 577 €Q2·25Q3 2025 Company: 11 173 160 € Industry median: 25 533 €Q4 2025 Company: 9 748 164 € Industry median: 25 721 €Q4·25Q1 2026 Company: 11 522 425 € Industry median: 20 483 €Q2 2026 Company: 11 325 629 € Industry median: 22 672 €Q2·26Q3 2026 Company: 14 824 536 € Industry median: 25 252 €Q3·2605 00010 00015 000Q4 2024 Company: 7 045 501 € Industry median: 25 496 €Q1 2025 Company: 10 307 299 € Industry median: 19 568 €Q1·25Q2 2025 Company: 13 607 129 € Industry median: 22 577 €Q3 2025 Company: 11 173 160 € Industry median: 25 533 €Q3·25Q4 2025 Company: 9 748 164 € Industry median: 25 721 €Q1 2026 Company: 11 522 425 € Industry median: 20 483 €Q1·26Q2 2026 Company: 11 325 629 € Industry median: 22 672 €Q3 2026 Company: 14 824 536 € Industry median: 25 252 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 8 934 € · −34.2% vs Q2 2026 · industry median 1 211 € · above 98% of the industry
05 00010 00015 000Q4 2023 Company: 9 898 € Industry median: 1 145 €Q4·23Q1 2024 Company: 7 786 € Industry median: 1 097 €Q2 2024 Company: 10 825 € Industry median: 1 083 €Q2·24Q3 2024 Company: 4 958 € Industry median: 1 142 €Q4 2024 Company: 11 788 € Industry median: 1 179 €Q4·24Q1 2025 Company: 7 895 € Industry median: 1 188 €Q2 2025 Company: 8 838 € Industry median: 1 149 €Q2·25Q3 2025 Company: 11 173 € Industry median: 1 208 €Q4 2025 Company: 8 044 € Industry median: 1 254 €Q4·25Q1 2026 Company: 8 559 € Industry median: 1 183 €Q2 2026 Company: 13 579 € Industry median: 1 166 €Q2·26Q3 2026 Company: 8 934 € Industry median: 1 211 €Q3·2605 00010 00015 000Q4 2024 Company: 11 788 € Industry median: 1 179 €Q1 2025 Company: 7 895 € Industry median: 1 188 €Q1·25Q2 2025 Company: 8 838 € Industry median: 1 149 €Q3 2025 Company: 11 173 € Industry median: 1 208 €Q3·25Q4 2025 Company: 8 044 € Industry median: 1 254 €Q1 2026 Company: 8 559 € Industry median: 1 183 €Q1·26Q2 2026 Company: 13 579 € Industry median: 1 166 €Q3 2026 Company: 8 934 € Industry median: 1 211 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 29 · +3.6% vs Q2 2026
010203040Q4 2023 Company: 22Q4·23Q1 2024 Company: 21Q2 2024 Company: 23Q2·24Q3 2024 Company: 28Q4 2024 Company: 29Q4·24Q1 2025 Company: 30Q2 2025 Company: 32Q2·25Q3 2025 Company: 29Q4 2025 Company: 29Q4·25Q1 2026 Company: 29Q2 2026 Company: 28Q2·26Q3 2026 Company: 29Q3·26010203040Q4 2024 Company: 29Q1 2025 Company: 30Q1·25Q2 2025 Company: 32Q3 2025 Company: 29Q3·25Q4 2025 Company: 29Q1 2026 Company: 29Q1·26Q2 2026 Company: 28Q3 2026 Company: 29Q3·26
State taxes, € thousand Q3 2026: 976 617 € · −2.6% vs Q2 2026
02505007501 0001 250Q4 2023 Company: 218 363 €Q4·23Q1 2024 Company: 612 617 €Q2 2024 Company: 567 144 €Q2·24Q3 2024 Company: 580 238 €Q4 2024 Company: 746 263 €Q4·24Q1 2025 Company: 915 531 €Q2 2025 Company: 708 376 €Q2·25Q3 2025 Company: 812 610 €Q4 2025 Company: 285 162 €Q4·25Q1 2026 Company: 888 913 €Q2 2026 Company: 1 002 194 €Q2·26Q3 2026 Company: 976 617 €Q3·2602505007501 0001 250Q4 2024 Company: 746 263 €Q1 2025 Company: 915 531 €Q1·25Q2 2025 Company: 708 376 €Q3 2025 Company: 812 610 €Q3·25Q4 2025 Company: 285 162 €Q1 2026 Company: 888 913 €Q1·26Q2 2026 Company: 1 002 194 €Q3 2026 Company: 976 617 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 14 824 536 976 617 259 091 29
Q2 2026 11 325 629 1 002 194 380 219 28
Q1 2026 11 522 425 888 913 248 208 29
Q4 2025 9 748 164 285 162 233 274 29
Q3 2025 11 173 160 812 610 324 018 29
Q2 2025 13 607 129 708 376 282 813 32
Q1 2025 10 307 299 915 531 236 844 30
Q4 2024 7 045 501 746 263 341 862 29
Q3 2024 6 965 877 580 238 138 831 28
Q2 2024 6 131 381 567 144 248 977 23
Q1 2024 6 862 673 612 617 163 512 21
Q4 2023 6 874 109 218 363 217 766 22
Q3 2023 6 967 205 591 884 170 698 21
Q2 2023 7 436 254 620 931 142 887 22
Q1 2023 7 324 928 665 702 132 743 19
Q4 2022 5 661 748 273 649 112 300 18
Q3 2022 5 028 630 128 947 107 976 20
Q2 2022 6 059 825 165 072 109 725 22
Q1 2022 5 644 643 373 782 129 714 22
Labour taxes per employee per month
2 978 €
Turnover per employee in the quarter
511 191 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 45 556 297 € · +66.6% vs 2024 · industry median 38 239 € · above 98% of the industry
010 00020 00030 00040 00050 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 19 695 583 € Industry median: 38 887 €20192020 Company: 22 087 671 € Industry median: 35 421 €20202021 Company: 24 370 975 € Industry median: 38 300 €20212022 Company: 22 333 156 € Industry median: 39 550 €20222023 Company: 27 646 869 € Industry median: 37 270 €20232024 Company: 27 337 005 € Industry median: 37 693 €20242025 Company: 45 556 297 € Industry median: 38 239 €2025010 00020 00030 00040 00050 0002018 Company: — Industry median: —2019 Company: 19 695 583 € Industry median: 38 887 €20192020 Company: 22 087 671 € Industry median: 35 421 €2021 Company: 24 370 975 € Industry median: 38 300 €20212022 Company: 22 333 156 € Industry median: 39 550 €2023 Company: 27 646 869 € Industry median: 37 270 €20232024 Company: 27 337 005 € Industry median: 37 693 €2025 Company: 45 556 297 € Industry median: 38 239 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 3 303 831 € · +44.4% vs 2024 · industry median 411 € · above 98% of the industry
-1 00001 0002 0003 0004 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -116 105 € Industry median: 643 €20192020 Company: -596 827 € Industry median: 281 €20202021 Company: -467 549 € Industry median: 315 €20212022 Company: 709 349 € Industry median: 398 €20222023 Company: 2 078 832 € Industry median: 253 €20232024 Company: 2 288 127 € Industry median: 108 €20242025 Company: 3 303 831 € Industry median: 411 €2025-1 00001 0002 0003 0004 0002018 Company: — Industry median: —2019 Company: -116 105 € Industry median: 643 €20192020 Company: -596 827 € Industry median: 281 €2021 Company: -467 549 € Industry median: 315 €20212022 Company: 709 349 € Industry median: 398 €2023 Company: 2 078 832 € Industry median: 253 €20232024 Company: 2 288 127 € Industry median: 108 €2025 Company: 3 303 831 € Industry median: 411 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 7.3 % · −1.1 pp vs the year before · industry median 3.5 % · above 60% of the industry
-5-30358102016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -0.6 % Industry median: 4.5 %20192020 Company: -2.7 % Industry median: 4.0 %20202021 Company: -1.9 % Industry median: 3.8 %20212022 Company: 3.2 % Industry median: 3.9 %20222023 Company: 7.5 % Industry median: 3.9 %20232024 Company: 8.4 % Industry median: 2.8 %20242025 Company: 7.3 % Industry median: 3.5 %2025-5-30358102018 Company: — Industry median: —2019 Company: -0.6 % Industry median: 4.5 %20192020 Company: -2.7 % Industry median: 4.0 %2021 Company: -1.9 % Industry median: 3.8 %20212022 Company: 3.2 % Industry median: 3.9 %2023 Company: 7.5 % Industry median: 3.9 %20232024 Company: 8.4 % Industry median: 2.8 %2025 Company: 7.3 % Industry median: 3.5 %2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 16 174 386 € · +19.6% vs 2024
05 00010 00015 00020 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 4 831 918 €20192020 Company: 5 493 205 €20202021 Company: 4 268 216 €20212022 Company: 5 229 926 €20222023 Company: 10 097 709 €20232024 Company: 13 521 671 €20242025 Company: 16 174 386 €202505 00010 00015 00020 0002018 Company: —2019 Company: 4 831 918 €20192020 Company: 5 493 205 €2021 Company: 4 268 216 €20212022 Company: 5 229 926 €2023 Company: 10 097 709 €20232024 Company: 13 521 671 €2025 Company: 16 174 386 €2025
Equity, € thousand 2025: 7 130 092 € · +70.7% vs 2024
-2 00002 0004 0006 0008 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 809 329 €20192020 Company: 212 502 €20202021 Company: -255 047 €20212022 Company: 454 302 €20222023 Company: 2 533 134 €20232024 Company: 4 176 261 €20242025 Company: 7 130 092 €2025-2 00002 0004 0006 0008 0002018 Company: —2019 Company: 809 329 €20192020 Company: 212 502 €2021 Company: -255 047 €20212022 Company: 454 302 €2023 Company: 2 533 134 €20232024 Company: 4 176 261 €2025 Company: 7 130 092 €2025
Employees 2025: 33 · +17.9% vs 2024 · industry median 2 · above 98% of the industry
0102030402016 Company: 1 Industry median: —20162017 Company: 10 Industry median: —20172018 Company: 18 Industry median: 220182019 Company: 21 Industry median: 220192020 Company: 24 Industry median: 220202021 Company: 26 Industry median: 220212022 Company: 23 Industry median: 220222023 Company: 24 Industry median: 220232024 Company: 28 Industry median: 220242025 Company: 33 Industry median: 220250102030402018 Company: 18 Industry median: 22019 Company: 21 Industry median: 220192020 Company: 24 Industry median: 22021 Company: 26 Industry median: 220212022 Company: 23 Industry median: 22023 Company: 24 Industry median: 220232024 Company: 28 Industry median: 22025 Company: 33 Industry median: 22025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (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 45 556 297 3 303 831 2 707 706 16 174 386 7 130 092 33
2024 27 337 005 2 288 127 2 237 928 13 521 671 4 176 261 28
2023 27 646 869 2 078 832 1 743 192 10 097 709 2 533 134 24
2022 22 333 156 709 349 1 131 499 5 229 926 454 302 23
2021 24 370 975 -467 549 1 159 565 4 268 216 -255 047 26
2020 22 087 671 -596 827 958 149 5 493 205 212 502 24
2019 19 695 583 -116 105 897 558 4 831 918 809 329 21
2018 — — — — — 18
2017 — — — — — 10
2016 — — — — — 1
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
7.3 %
Net profit / revenue
Return on equity (ROE)
46.3 %
Net profit / equity
Return on assets (ROA)
20.4 %
Net profit / assets
Equity ratio
44.1 %
Equity / assets
Debt ratio
55.9 %
Liabilities / assets
Current ratio
1.38
Current assets / current liabilities
Revenue per employee
1 380 494 €
Revenue / average full-time employees
Labour cost per employee per month
6 838 €
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 14 May 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 28 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 27 Oct 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
3 1 000 000 € AS SEB Pank 24 Jul 2023 – in force
2 500 000 € AS SEB Pank 11 Feb 2022 – in force
1 1 500 000 € AS SEB Pank 6 Nov 2018 – in force

Board

Right of representation

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

Owners

Owner in

Beneficial owners

  • Kaido Somelar
    Member of a senior management body (management or supervisory board) · since 22 Oct 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50007049 / 16
1 Aug 2024
Amendment entry In force
1 Aug 2024
PDF
Ä 50007049 / 15
13 Jun 2024
Amendment entry In force
13 Jun 2024
PDF
Ä 50007049 / 14
8 May 2024
Amendment entry In force
8 May 2024
PDF
Ä 50007049 / 13
8 May 2024
Amendment entry In force
8 May 2024
PDF
Ä 50007049 / 12
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
K 50007049 / 11
24 Jul 2023
Commercial pledge entered In force
24 Jul 2023
PDF
K 50007049 / M4
20 Jul 2023
Ruling to eliminate deficiencies 20 Aug 2023 Deficiencies eliminated
24 Jul 2023
PDF
K 50007049 / 10
11 Feb 2022
Commercial pledge entered In force
11 Feb 2022
PDF
Ä 50007049 / 9
29 Jan 2021
Amendment entry In force
29 Jan 2021
PDF
Ä 50007049 / M3
27 Jan 2021
Ruling to eliminate deficiencies 11 Feb 2021 Deficiencies eliminated
28 Jan 2021
PDF
Ä 50007049 / 8
14 Sep 2020
Amendment under Commercial Code § 525 (2) In force
14 Sep 2020
PDF
Ä 50007049 / 7
7 Feb 2020
Amendment entry In force
7 Feb 2020
PDF
K 50007049 / 6
6 Nov 2018
Commercial pledge entered In force
6 Nov 2018
PDF
K 50007049 / M2
5 Nov 2018
Ruling to eliminate deficiencies 15 Nov 2018 Deficiencies eliminated
6 Nov 2018
PDF
Ä 50007049 / 5
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 50007049 / 4
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 50007049 / 3
10 Dec 2017
Amendment entry In force
10 Dec 2017
PDF
Ä 50007049 / 2
11 May 2017
Amendment entry In force
11 May 2017
PDF
Ä 50007049 / M1
7 Mar 2016
Procedural ruling In force
7 Mar 2016
PDF
Ä 50007049
24 Apr 2015
First entry In force
24 Apr 2015
PDF

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