Scandium Kinnisvara AS

Active Registry code 12957803 AS Tallinn Registered 3 Dec 2015
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Scandium Kinnisvara AS is a AS based in Tallinn, registry code 12957803, status: active. Main activity: Business and other management consultancy activities. According to EMTA, turnover for Q3 2026 was €120 219 with 12 employees.

Turnover
120 219 €
↓ 3.0% vs Q2 2026
State taxes
62 143 €
↑ 6.4% vs Q2 2026
Labour taxes
66 228 €
↑ 23.4% vs Q2 2026
Employees
12
−1 vs Q2 2026

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

Position in the industry Activities of head offices and management consultancy · EMTAK 70

  • Turnover · Q3 2026 120 219 €
    industry median 13 705 € · companies in the industry: 4 338
  • Labour taxes per employee 5 519 €
    industry median 1 649 € · companies in the industry: 1 689
  • Revenue · 2025 568 563 €
    industry median 10 800 € · companies in the industry: 9 687
  • Net profit margin · 2025 -39.5 %
    industry median 22.0 % · companies in the industry: 6 494

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 120 219 € · −3.0% vs Q2 2026 · industry median 13 705 € · above 92% of the industry
050100150200250Q4 2023 Company: 40 213 € Industry median: 15 091 €Q4·23Q1 2024 Company: 81 900 € Industry median: 14 762 €Q2 2024 Company: 94 261 € Industry median: 14 762 €Q2·24Q3 2024 Company: 63 584 € Industry median: 14 140 €Q4 2024 Company: 187 819 € Industry median: 15 052 €Q4·24Q1 2025 Company: 207 057 € Industry median: 14 703 €Q2 2025 Company: 134 371 € Industry median: 13 688 €Q2·25Q3 2025 Company: 115 803 € Industry median: 13 984 €Q4 2025 Company: 134 050 € Industry median: 14 505 €Q4·25Q1 2026 Company: 192 214 € Industry median: 14 237 €Q2 2026 Company: 123 881 € Industry median: 14 128 €Q2·26Q3 2026 Company: 120 219 € Industry median: 13 705 €Q3·26050100150200250Q4 2024 Company: 187 819 € Industry median: 15 052 €Q1 2025 Company: 207 057 € Industry median: 14 703 €Q1·25Q2 2025 Company: 134 371 € Industry median: 13 688 €Q3 2025 Company: 115 803 € Industry median: 13 984 €Q3·25Q4 2025 Company: 134 050 € Industry median: 14 505 €Q1 2026 Company: 192 214 € Industry median: 14 237 €Q1·26Q2 2026 Company: 123 881 € Industry median: 14 128 €Q3 2026 Company: 120 219 € Industry median: 13 705 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 5 519 € · +33.7% vs Q2 2026 · industry median 1 649 € · above 87% of the industry
02 0004 0006 000Q4 2023 Company: 4 926 € Industry median: 1 639 €Q4·23Q1 2024 Company: 5 434 € Industry median: 1 650 €Q2 2024 Company: 4 278 € Industry median: 1 721 €Q2·24Q3 2024 Company: 4 885 € Industry median: 1 700 €Q4 2024 Company: 4 815 € Industry median: 1 679 €Q4·24Q1 2025 Company: 4 509 € Industry median: 1 739 €Q2 2025 Company: 4 661 € Industry median: 1 758 €Q2·25Q3 2025 Company: 5 415 € Industry median: 1 758 €Q4 2025 Company: 3 828 € Industry median: 1 758 €Q4·25Q1 2026 Company: 4 810 € Industry median: 1 641 €Q2 2026 Company: 4 127 € Industry median: 1 597 €Q2·26Q3 2026 Company: 5 519 € Industry median: 1 649 €Q3·2602 0004 0006 000Q4 2024 Company: 4 815 € Industry median: 1 679 €Q1 2025 Company: 4 509 € Industry median: 1 739 €Q1·25Q2 2025 Company: 4 661 € Industry median: 1 758 €Q3 2025 Company: 5 415 € Industry median: 1 758 €Q3·25Q4 2025 Company: 3 828 € Industry median: 1 758 €Q1 2026 Company: 4 810 € Industry median: 1 641 €Q1·26Q2 2026 Company: 4 127 € Industry median: 1 597 €Q3 2026 Company: 5 519 € Industry median: 1 649 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 12 · −7.7% vs Q2 2026
051015Q4 2023 Company: 11Q4·23Q1 2024 Company: 11Q2 2024 Company: 11Q2·24Q3 2024 Company: 10Q4 2024 Company: 11Q4·24Q1 2025 Company: 11Q2 2025 Company: 10Q2·25Q3 2025 Company: 9Q4 2025 Company: 12Q4·25Q1 2026 Company: 11Q2 2026 Company: 13Q2·26Q3 2026 Company: 12Q3·26051015Q4 2024 Company: 11Q1 2025 Company: 11Q1·25Q2 2025 Company: 10Q3 2025 Company: 9Q3·25Q4 2025 Company: 12Q1 2026 Company: 11Q1·26Q2 2026 Company: 13Q3 2026 Company: 12Q3·26
State taxes, € thousand Q3 2026: 62 143 € · +6.4% vs Q2 2026
0100200300400Q4 2023 Company: 51 721 €Q4·23Q1 2024 Company: 45 104 €Q2 2024 Company: 179 890 €Q2·24Q3 2024 Company: 46 137 €Q4 2024 Company: 71 615 €Q4·24Q1 2025 Company: 63 103 €Q2 2025 Company: 333 712 €Q2·25Q3 2025 Company: 44 836 €Q4 2025 Company: 47 954 €Q4·25Q1 2026 Company: 71 181 €Q2 2026 Company: 58 421 €Q2·26Q3 2026 Company: 62 143 €Q3·260100200300400Q4 2024 Company: 71 615 €Q1 2025 Company: 63 103 €Q1·25Q2 2025 Company: 333 712 €Q3 2025 Company: 44 836 €Q3·25Q4 2025 Company: 47 954 €Q1 2026 Company: 71 181 €Q1·26Q2 2026 Company: 58 421 €Q3 2026 Company: 62 143 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 120 219 62 143 66 228 12
Q2 2026 123 881 58 421 53 653 13
Q1 2026 192 214 71 181 52 908 11
Q4 2025 134 050 47 954 45 932 12
Q3 2025 115 803 44 836 48 739 9
Q2 2025 134 371 333 712 46 607 10
Q1 2025 207 057 63 103 49 600 11
Q4 2024 187 819 71 615 52 969 11
Q3 2024 63 584 46 137 48 845 10
Q2 2024 94 261 179 890 47 060 11
Q1 2024 81 900 45 104 59 776 11
Q4 2023 40 213 51 721 54 190 11
Q3 2023 112 225 60 811 57 810 11
Q2 2023 115 165 61 648 55 480 11
Q1 2023 145 034 67 335 53 508 11
Q4 2022 49 355 51 747 54 840 11
Q3 2022 64 559 61 647 62 495 12
Q2 2022 42 375 56 844 58 748 12
Q1 2022 10 070 58 311 62 018 12
Labour taxes per employee per month
1 840 €
Turnover per employee in the quarter
10 018 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 568 563 € · −77.1% vs 2024 · industry median 10 800 € · above 98% of the industry
01 0002 0003 0004 0005 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 862 400 € Industry median: 8 998 €20192020 Company: 4 035 900 € Industry median: 8 779 €20202021 Company: 43 156 € Industry median: 9 884 €20212022 Company: 212 760 € Industry median: 10 945 €20222023 Company: 337 603 € Industry median: 11 079 €20232024 Company: 2 481 137 € Industry median: 10 766 €20242025 Company: 568 563 € Industry median: 10 800 €202501 0002 0003 0004 0005 0002018 Company: — Industry median: —2019 Company: 862 400 € Industry median: 8 998 €20192020 Company: 4 035 900 € Industry median: 8 779 €2021 Company: 43 156 € Industry median: 9 884 €20212022 Company: 212 760 € Industry median: 10 945 €2023 Company: 337 603 € Industry median: 11 079 €20232024 Company: 2 481 137 € Industry median: 10 766 €2025 Company: 568 563 € Industry median: 10 800 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -224 384 € · −134.7% vs 2024 · industry median 284 € · above 2% of the industry
-1 000-50005001 0001 5002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -144 882 € Industry median: 966 €20192020 Company: 1 721 039 € Industry median: 760 €20202021 Company: 1 032 547 € Industry median: 1 171 €20212022 Company: -723 392 € Industry median: 470 €20222023 Company: 241 252 € Industry median: 681 €20232024 Company: 647 453 € Industry median: 538 €20242025 Company: -224 384 € Industry median: 284 €2025-1 000-50005001 0001 5002 0002018 Company: — Industry median: —2019 Company: -144 882 € Industry median: 966 €20192020 Company: 1 721 039 € Industry median: 760 €2021 Company: 1 032 547 € Industry median: 1 171 €20212022 Company: -723 392 € Industry median: 470 €2023 Company: 241 252 € Industry median: 681 €20232024 Company: 647 453 € Industry median: 538 €2025 Company: -224 384 € Industry median: 284 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -39.5 % · −65.6 pp vs the year before · industry median 22.0 % · above 11% of the industry
-1 00001 0002 0003 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -16.8 % Industry median: 31.9 %20192020 Company: 42.6 % Industry median: 32.1 %20202021 Company: 2 392.6 % Industry median: 35.7 %20212022 Company: -340.0 % Industry median: 27.6 %20222023 Company: 71.5 % Industry median: 28.4 %20232024 Company: 26.1 % Industry median: 25.0 %20242025 Company: -39.5 % Industry median: 22.0 %2025-1 00001 0002 0003 0002018 Company: — Industry median: —2019 Company: -16.8 % Industry median: 31.9 %20192020 Company: 42.6 % Industry median: 32.1 %2021 Company: 2 392.6 % Industry median: 35.7 %20212022 Company: -340.0 % Industry median: 27.6 %2023 Company: 71.5 % Industry median: 28.4 %20232024 Company: 26.1 % Industry median: 25.0 %2025 Company: -39.5 % Industry median: 22.0 %2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 13 924 157 € · −23.2% vs 2024
05 00010 00015 00020 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 6 117 073 €20192020 Company: 8 631 439 €20202021 Company: 15 482 222 €20212022 Company: 16 991 252 €20222023 Company: 18 772 370 €20232024 Company: 18 142 187 €20242025 Company: 13 924 157 €202505 00010 00015 00020 0002018 Company: —2019 Company: 6 117 073 €20192020 Company: 8 631 439 €2021 Company: 15 482 222 €20212022 Company: 16 991 252 €2023 Company: 18 772 370 €20232024 Company: 18 142 187 €2025 Company: 13 924 157 €2025
Equity, € thousand 2025: 6 939 371 € · −15.0% vs 2024
02 0004 0006 0008 00010 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 2 322 204 €20192020 Company: 6 850 243 €20202021 Company: 7 882 790 €20212022 Company: 5 125 538 €20222023 Company: 8 833 702 €20232024 Company: 8 163 755 €20242025 Company: 6 939 371 €202502 0004 0006 0008 00010 0002018 Company: —2019 Company: 2 322 204 €20192020 Company: 6 850 243 €2021 Company: 7 882 790 €20212022 Company: 5 125 538 €2023 Company: 8 833 702 €20232024 Company: 8 163 755 €2025 Company: 6 939 371 €2025
Employees 2025: 11 · +10.0% vs 2024 · industry median 1 · above 98% of the industry
035810132016 Company: 0 Industry median: —20162017 Company: 2 Industry median: —20172018 Company: 3 Industry median: 120182019 Company: 4 Industry median: 120192020 Company: 7 Industry median: 120202021 Company: 10 Industry median: 120212022 Company: 11 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 10 Industry median: 120242025 Company: 11 Industry median: 12025035810132018 Company: 3 Industry median: 12019 Company: 4 Industry median: 120192020 Company: 7 Industry median: 12021 Company: 10 Industry median: 120212022 Company: 11 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 10 Industry median: 12025 Company: 11 Industry median: 12025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (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 568 563 -224 384 451 591 13 924 157 6 939 371 11
2024 2 481 137 647 453 462 610 18 142 187 8 163 755 10
2023 337 603 241 252 528 930 18 772 370 8 833 702 0
2022 212 760 -723 392 542 970 16 991 252 5 125 538 11
2021 43 156 1 032 547 425 824 15 482 222 7 882 790 10
2020 4 035 900 1 721 039 207 349 8 631 439 6 850 243 7
2019 862 400 -144 882 123 558 6 117 073 2 322 204 4
2018 — — — — — 3
2017 — — — — — 2
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
-38.9 %
Net profit / revenue
Return on equity (ROE)
-3.2 %
Net profit / equity
Return on assets (ROA)
-1.6 %
Net profit / assets
Equity ratio
49.8 %
Equity / assets
Debt ratio
50.2 %
Liabilities / assets
Current ratio
1.83
Current assets / current liabilities
Revenue per employee
52 485 €
Revenue / average full-time employees
Labour cost per employee per month
3 421 €
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 1 Jul 2026 Consolidated · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Consolidated · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 12 Jul 2024 Consolidated · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 7 Sep 2023 Consolidated · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Consolidated · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 29 Jun 2021 Consolidated · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Jun 2020 Company’s own · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 5 Oct 2021
  • Kalle Aron
    Board member · since 3 Dec 2015
  • Maido Lüiste
    Board member · since 26 Jul 2017

Right of representation

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

Owners

No owner information.

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 70201Business and other management consultancy activities Main
Rulings
Number, date Title Deadline State Document
Ä 50020030 / M5
7 Jul 2024
Warning of a fine: annual report not filed 6 Aug 2024 Deficiencies eliminated
13 Jul 2024
PDF
Ä 50020030 / 13
19 Jan 2024
Second (constitutive) merger entry In force
19 Jan 2024
PDF
Ä 50020030 / M4
4 Jan 2024
Ruling to eliminate deficiencies 4 Feb 2024 Deficiencies eliminated
19 Jan 2024
PDF
Ä 50020030 / 12
28 Dec 2023
Entry refused In force
13 Jan 2024
PDF
Ä 50020030 / 11
5 Oct 2021
Transformation entry In force
5 Oct 2021
PDF
Ä 50020030 / M3
27 Sep 2021
Ruling to eliminate deficiencies 7 Oct 2021 Deficiencies eliminated
4 Oct 2021
PDF
Ä 50020030 / M2
27 Sep 2021
Ruling annulling a ruling In force
27 Sep 2021
PDF
Ä 50020030 / 10
15 Jun 2021
Amendment under Commercial Code § 525 (2) In force
15 Jun 2021
PDF
Ä 50020030 / 9
5 Jun 2020
Amendment entry In force
5 Jun 2020
PDF
Ä 50020030 / 8
2 Oct 2019
Amendment under Commercial Code § 525 (2) In force
2 Oct 2019
PDF
Ä 50020030 / 7
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 50020030 / 6
11 Dec 2017
Amendment under Commercial Code § 525 (2) In force
11 Dec 2017
PDF
Ä 50020030 / 5
11 Dec 2017
Amendment entry In force
11 Dec 2017
PDF
Ä 50020030 / 4
26 Jul 2017
Amendment entry In force
26 Jul 2017
PDF
Ä 50020030 / 3
25 May 2017
Amendment under Commercial Code § 525 (2) In force
25 May 2017
PDF
Ä 50020030 / 2
10 Feb 2017
Amendment entry In force
10 Feb 2017
PDF
Ä 50020030
3 Dec 2015
First entry In force
3 Dec 2015
PDF

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