Initus OÜ

Active Registry code 12893150 OÜ Jõhvi linn Registered 11 Aug 2015
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Initus OÜ is a OÜ based in Jõhvi linn, registry code 12893150, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €44 120 with employees.

Turnover
44 120 €
↓ 19.0% vs Q2 2026
State taxes
1 971 €
↑ 43.6% 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 44 120 €
    industry median 15 027 € · companies in the industry: 7 444
  • Revenue · 2025 296 178 €
    industry median 13 619 € · companies in the industry: 30 472
  • Net profit margin · 2025 14.7 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 44 120 € · −19.0% vs Q2 2026 · industry median 15 027 € · above 71% of the industry
02004006008001 000Q4 2023 Company: 10 706 € Industry median: 14 874 €Q4·23Q1 2024 Company: 20 656 € Industry median: 15 027 €Q2 2024 Company: 20 979 € Industry median: 14 041 €Q2·24Q3 2024 Company: 926 203 € Industry median: 14 422 €Q4 2024 Company: 46 302 € Industry median: 14 600 €Q4·24Q1 2025 Company: 55 493 € Industry median: 14 658 €Q2 2025 Company: 45 296 € Industry median: 14 301 €Q2·25Q3 2025 Company: 46 318 € Industry median: 14 272 €Q4 2025 Company: 49 732 € Industry median: 14 463 €Q4·25Q1 2026 Company: 46 924 € Industry median: 14 733 €Q2 2026 Company: 54 481 € Industry median: 14 595 €Q2·26Q3 2026 Company: 44 120 € Industry median: 15 027 €Q3·260204060Q4 2024 Company: 46 302 € Industry median: 14 600 €Q1 2025 Company: 55 493 € Industry median: 14 658 €Q1·25Q2 2025 Company: 45 296 € Industry median: 14 301 €Q3 2025 Company: 46 318 € Industry median: 14 272 €Q3·25Q4 2025 Company: 49 732 € Industry median: 14 463 €Q1 2026 Company: 46 924 € Industry median: 14 733 €Q1·26Q2 2026 Company: 54 481 € Industry median: 14 595 €Q3 2026 Company: 44 120 € Industry median: 15 027 €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: 1 971 € · +43.6% vs Q2 2026
02 0004 0006 0008 00010 000Q4 2023 Company: 723 €Q4·23Q1 2024 Company: 99 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 701 €Q4·24Q1 2025 Company: 6 792 €Q2 2025 Company: 944 €Q2·25Q3 2025 Company: 1 302 €Q4 2025 Company: 1 491 €Q4·25Q1 2026 Company: 8 232 €Q2 2026 Company: 1 373 €Q2·26Q3 2026 Company: 1 971 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 701 €Q1 2025 Company: 6 792 €Q1·25Q2 2025 Company: 944 €Q3 2025 Company: 1 302 €Q3·25Q4 2025 Company: 1 491 €Q1 2026 Company: 8 232 €Q1·26Q2 2026 Company: 1 373 €Q3 2026 Company: 1 971 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 44 120 1 971 — —
Q2 2026 54 481 1 373 — —
Q1 2026 46 924 8 232 — —
Q4 2025 49 732 1 491 — —
Q3 2025 46 318 1 302 — —
Q2 2025 45 296 944 — —
Q1 2025 55 493 6 792 — —
Q4 2024 46 302 701 — —
Q3 2024 926 203 — — —
Q2 2024 20 979 — — —
Q1 2024 20 656 99 — —
Q4 2023 10 706 723 — —
Q3 2023 290 — — —
Q2 2023 — 12 — —
Q1 2022 — 12 — —

Financials by year

2016 – 2025
Revenue, € thousand 2025: 296 178 € · +5.4% vs 2024 · industry median 13 619 € · above 94% of the industry
01002003002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 12 743 € Industry median: 10 796 €20192020 Company: 19 138 € Industry median: 10 579 €20202021 Company: 2 864 € Industry median: 11 157 €20212022 Company: 23 835 € Industry median: 11 784 €20222023 Company: 84 435 € Industry median: 12 219 €20232024 Company: 280 954 € Industry median: 12 852 €20242025 Company: 296 178 € Industry median: 13 619 €202501002003002018 Company: — Industry median: —2019 Company: 12 743 € Industry median: 10 796 €20192020 Company: 19 138 € Industry median: 10 579 €2021 Company: 2 864 € Industry median: 11 157 €20212022 Company: 23 835 € Industry median: 11 784 €2023 Company: 84 435 € Industry median: 12 219 €20232024 Company: 280 954 € Industry median: 12 852 €2025 Company: 296 178 € Industry median: 13 619 €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: 43 681 € · +141.1% vs 2024 · industry median 283 € · above 90% of the industry
0501001502002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3 156 € Industry median: 205 €20192020 Company: 10 110 € Industry median: 175 €20202021 Company: 2 124 € Industry median: 250 €20212022 Company: 99 850 € Industry median: 161 €20222023 Company: 171 813 € Industry median: 154 €20232024 Company: 18 121 € Industry median: 256 €20242025 Company: 43 681 € Industry median: 283 €20250501001502002018 Company: — Industry median: —2019 Company: 3 156 € Industry median: 205 €20192020 Company: 10 110 € Industry median: 175 €2021 Company: 2 124 € Industry median: 250 €20212022 Company: 99 850 € Industry median: 161 €2023 Company: 171 813 € Industry median: 154 €20232024 Company: 18 121 € Industry median: 256 €2025 Company: 43 681 € 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: 14.7 % · +8.3 pp vs the year before · industry median 5.9 % · above 60% of the industry
01002003004005002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 24.8 % Industry median: 5.7 %20192020 Company: 52.8 % Industry median: 5.6 %20202021 Company: 74.2 % Industry median: 7.4 %20212022 Company: 418.9 % Industry median: 5.9 %20222023 Company: 203.5 % Industry median: 5.2 %20232024 Company: 6.4 % Industry median: 6.0 %20242025 Company: 14.7 % Industry median: 5.9 %202501002003004005002018 Company: — Industry median: —2019 Company: 24.8 % Industry median: 5.7 %20192020 Company: 52.8 % Industry median: 5.6 %2021 Company: 74.2 % Industry median: 7.4 %20212022 Company: 418.9 % Industry median: 5.9 %2023 Company: 203.5 % Industry median: 5.2 %20232024 Company: 6.4 % Industry median: 6.0 %2025 Company: 14.7 % 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: 1 376 793 € · −1.0% vs 2024
05001 0001 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 19 101 €20192020 Company: 16 438 €20202021 Company: 18 502 €20212022 Company: 135 097 €20222023 Company: 478 553 €20232024 Company: 1 390 763 €20242025 Company: 1 376 793 €202505001 0001 5002018 Company: —2019 Company: 19 101 €20192020 Company: 16 438 €2021 Company: 18 502 €20212022 Company: 135 097 €2023 Company: 478 553 €20232024 Company: 1 390 763 €2025 Company: 1 376 793 €2025
Equity, € thousand 2025: 348 727 € · +14.3% vs 2024
01002003004002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 3 029 €20192020 Company: 13 138 €20202021 Company: 15 262 €20212022 Company: 115 113 €20222023 Company: 286 926 €20232024 Company: 305 046 €20242025 Company: 348 727 €202501002003004002018 Company: —2019 Company: 3 029 €20192020 Company: 13 138 €2021 Company: 15 262 €20212022 Company: 115 113 €2023 Company: 286 926 €20232024 Company: 305 046 €2025 Company: 348 727 €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: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 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: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 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 296 178 43 681 0 1 376 793 348 727 0
2024 280 954 18 121 0 1 390 763 305 046 0
2023 84 435 171 813 0 478 553 286 926 0
2022 23 835 99 850 0 135 097 115 113 0
2021 2 864 2 124 0 18 502 15 262 0
2020 19 138 10 110 0 16 438 13 138 0
2019 12 743 3 156 0 19 101 3 029 0
2018 — — — — — 1
2017 — — — — — 0
2016 — — — — — 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
14.7 %
Net profit / revenue
Return on equity (ROE)
12.5 %
Net profit / equity
Return on assets (ROA)
3.2 %
Net profit / assets
Equity ratio
25.3 %
Equity / assets
Debt ratio
74.7 %
Liabilities / assets
Current ratio
1.27
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 11 May 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 2 Jul 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 20 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 21 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 14 Apr 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 24 Mar 2022 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 22 Mar 2022 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

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68201Rental and operating of own or leased real estate Main
  • 55901Other accommodation
  • 68321Management of buildings and rental houses (apartment associations, housing associations, building associations etc.)
Rulings
Number, date Title Deadline State Document
Ä 50012910 / 10
5 Jun 2024
Amendment entry In force
5 Jun 2024
PDF
Ä 50012910 / 9
22 Mar 2024
Amendment entry In force
22 Mar 2024
PDF
Ä 50012910 / 8
7 Mar 2024
Amendment entry In force
7 Mar 2024
PDF
Ä 50012910 / 7
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50012910 / 6
27 Dec 2022
Amendment under Commercial Code § 525 (2) In force
27 Dec 2022
PDF
Ä 50012910 / M4
1 Mar 2022
Warning of a fine: annual report not filed 31 Mar 2022 Deficiencies eliminated
24 Mar 2022
PDF
Ä 50012910 / M3
11 May 2018
Public service of a ruling in Ametlikud Teadaanded In force
11 May 2018
PDF
Ä 50012910 / 5
13 Mar 2018
Amendment entry In force
13 Mar 2018
PDF
Ä 50012910 / 4
13 Mar 2018
Entry refused: deficiencies not eliminated In force
12 Jun 2018
PDF
Ä 50012910 / M2
22 Feb 2018
Ruling to eliminate deficiencies 8 Mar 2018 In force
22 Feb 2018
PDF
Ä 50012910 / M1
25 Jan 2018
Ruling to eliminate deficiencies 9 Feb 2018 In force
25 Jan 2018
PDF
Ä 50012910 / 3
20 Jan 2018
Amendment entry In force
20 Jan 2018
PDF
Ä 50012910 / 2
10 Dec 2017
Amendment entry In force
10 Dec 2017
PDF
Ä 50012910
11 Aug 2015
First entry In force
11 Aug 2015
PDF

Sources: e-Äriregister and EMTA. Data updated 27 Oct 2026. Open at the source ↗ · Report an error in the data