Esimene arendus OÜ

Active Registry code 14187388 OÜ Tallinn Registered 18 Jan 2017
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Esimene arendus OÜ is a OÜ based in Tallinn, registry code 14187388, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €800 739 with employees.

Turnover
800 739 €
↓ 0.9% vs Q2 2026
State taxes
145 543 €
↑ 2.3% 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 800 739 €
    industry median 15 030 € · companies in the industry: 7 443
  • Revenue · 2025 3.2 mn €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 5.6 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 800 739 € · −0.9% vs Q2 2026 · industry median 15 030 € · above 98% of the industry
02004006008001 000Q4 2023 Company: 762 547 € Industry median: 14 897 €Q4·23Q1 2024 Company: 778 769 € Industry median: 15 027 €Q2 2024 Company: 769 701 € Industry median: 14 064 €Q2·24Q3 2024 Company: 761 682 € Industry median: 14 462 €Q4 2024 Company: 778 686 € Industry median: 14 610 €Q4·24Q1 2025 Company: 799 085 € Industry median: 14 672 €Q2 2025 Company: 794 849 € Industry median: 14 301 €Q2·25Q3 2025 Company: 758 757 € Industry median: 14 273 €Q4 2025 Company: 778 356 € Industry median: 14 464 €Q4·25Q1 2026 Company: 815 887 € Industry median: 14 759 €Q2 2026 Company: 808 151 € Industry median: 14 595 €Q2·26Q3 2026 Company: 800 739 € Industry median: 15 030 €Q3·2602004006008001 000Q4 2024 Company: 778 686 € Industry median: 14 610 €Q1 2025 Company: 799 085 € Industry median: 14 672 €Q1·25Q2 2025 Company: 794 849 € Industry median: 14 301 €Q3 2025 Company: 758 757 € Industry median: 14 273 €Q3·25Q4 2025 Company: 778 356 € Industry median: 14 464 €Q1 2026 Company: 815 887 € Industry median: 14 759 €Q1·26Q2 2026 Company: 808 151 € Industry median: 14 595 €Q3 2026 Company: 800 739 € 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, € thousand Q3 2026: 145 543 € · +2.3% vs Q2 2026
050100150200Q4 2023 Company: 118 338 €Q4·23Q1 2024 Company: 117 189 €Q2 2024 Company: 131 824 €Q2·24Q3 2024 Company: 126 469 €Q4 2024 Company: 132 686 €Q4·24Q1 2025 Company: 140 557 €Q2 2025 Company: 128 659 €Q2·25Q3 2025 Company: 135 197 €Q4 2025 Company: 143 180 €Q4·25Q1 2026 Company: 157 108 €Q2 2026 Company: 142 303 €Q2·26Q3 2026 Company: 145 543 €Q3·26050100150200Q4 2024 Company: 132 686 €Q1 2025 Company: 140 557 €Q1·25Q2 2025 Company: 128 659 €Q3 2025 Company: 135 197 €Q3·25Q4 2025 Company: 143 180 €Q1 2026 Company: 157 108 €Q1·26Q2 2026 Company: 142 303 €Q3 2026 Company: 145 543 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 800 739 145 543 — —
Q2 2026 808 151 142 303 — —
Q1 2026 815 887 157 108 — —
Q4 2025 778 356 143 180 — —
Q3 2025 758 757 135 197 — —
Q2 2025 794 849 128 659 — —
Q1 2025 799 085 140 557 — —
Q4 2024 778 686 132 686 — —
Q3 2024 761 682 126 469 — —
Q2 2024 769 701 131 824 — —
Q1 2024 778 769 117 189 — —
Q4 2023 762 547 118 338 — —
Q3 2023 720 948 107 862 — —
Q2 2023 708 302 102 807 — —
Q1 2023 744 788 110 547 — —
Q4 2022 729 922 116 258 — —
Q3 2022 869 934 92 363 — —
Q2 2022 817 508 — — —
Q1 2022 577 005 — — —

Financials by year

2017 – 2025
Revenue, € thousand 2025: 3 183 888 € · +2.1% vs 2024 · industry median 13 620 € · above 98% of the industry
01 0002 0003 0004 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 9 495 € Industry median: 10 800 €20192020 Company: 434 € Industry median: 10 586 €20202021 Company: 660 460 € Industry median: 11 162 €20212022 Company: 2 756 728 € Industry median: 11 789 €20222023 Company: 3 001 383 € Industry median: 12 224 €20232024 Company: 3 117 601 € Industry median: 12 853 €20242025 Company: 3 183 888 € Industry median: 13 620 €202501 0002 0003 0004 0002018 Company: — Industry median: —2019 Company: 9 495 € Industry median: 10 800 €20192020 Company: 434 € Industry median: 10 586 €2021 Company: 660 460 € Industry median: 11 162 €20212022 Company: 2 756 728 € Industry median: 11 789 €2023 Company: 3 001 383 € Industry median: 12 224 €20232024 Company: 3 117 601 € Industry median: 12 853 €2025 Company: 3 183 888 € 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: 177 689 € · +211.3% vs 2024 · industry median 283 € · above 98% of the industry
-2 00002 0004 0006 0008 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -1 188 095 € Industry median: 205 €20192020 Company: 2 116 702 € Industry median: 175 €20202021 Company: 7 382 568 € Industry median: 251 €20212022 Company: 853 696 € Industry median: 161 €20222023 Company: -94 171 € Industry median: 154 €20232024 Company: -159 587 € Industry median: 256 €20242025 Company: 177 689 € Industry median: 283 €2025-2 00002 0004 0006 0008 0002018 Company: — Industry median: —2019 Company: -1 188 095 € Industry median: 205 €20192020 Company: 2 116 702 € Industry median: 175 €2021 Company: 7 382 568 € Industry median: 251 €20212022 Company: 853 696 € Industry median: 161 €2023 Company: -94 171 € Industry median: 154 €20232024 Company: -159 587 € Industry median: 256 €2025 Company: 177 689 € 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: 5.6 % · +10.7 pp vs the year before · industry median 5.9 % · above 49% of the industry
-15 000-10 000-5 00005 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -12 512.8 % Industry median: 5.7 %20192020 Company: — Industry median: 5.6 %20202021 Company: 1 117.8 % Industry median: 7.4 %20212022 Company: 31.0 % Industry median: 5.9 %20222023 Company: -3.1 % Industry median: 5.2 %20232024 Company: -5.1 % Industry median: 5.9 %20242025 Company: 5.6 % Industry median: 5.9 %2025-15 000-10 000-5 00005 0002018 Company: — Industry median: —2019 Company: -12 512.8 % Industry median: 5.7 %20192020 Company: — Industry median: 5.6 %2021 Company: 1 117.8 % Industry median: 7.4 %20212022 Company: 31.0 % Industry median: 5.9 %2023 Company: -3.1 % Industry median: 5.2 %20232024 Company: -5.1 % Industry median: 5.9 %2025 Company: 5.6 % 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: 46 452 216 € · −1.4% vs 2024
010 00020 00030 00040 00050 0002017 Company: —20172018 Company: —20182019 Company: 13 247 599 €20192020 Company: 26 912 257 €20202021 Company: 42 495 297 €20212022 Company: 46 275 265 €20222023 Company: 46 993 470 €20232024 Company: 47 107 783 €20242025 Company: 46 452 216 €2025010 00020 00030 00040 00050 0002018 Company: —2019 Company: 13 247 599 €20192020 Company: 26 912 257 €2021 Company: 42 495 297 €20212022 Company: 46 275 265 €2023 Company: 46 993 470 €20232024 Company: 47 107 783 €2025 Company: 46 452 216 €2025
Equity, € thousand 2025: 10 580 305 € · +1.7% vs 2024
02 5005 0007 50010 00012 5002017 Company: —20172018 Company: —20182019 Company: 302 533 €20192020 Company: 2 420 110 €20202021 Company: 9 802 678 €20212022 Company: 10 656 374 €20222023 Company: 10 562 203 €20232024 Company: 10 402 616 €20242025 Company: 10 580 305 €202502 5005 0007 50010 00012 5002018 Company: —2019 Company: 302 533 €20192020 Company: 2 420 110 €2021 Company: 9 802 678 €20212022 Company: 10 656 374 €2023 Company: 10 562 203 €20232024 Company: 10 402 616 €2025 Company: 10 580 305 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02017 Company: 0 Industry median: —20172018 Company: 0 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: 0 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, € Assets, € Equity, € Employees
2025 3 183 888 177 689 46 452 216 10 580 305 0
2024 3 117 601 -159 587 47 107 783 10 402 616 0
2023 3 001 383 -94 171 46 993 470 10 562 203 0
2022 2 756 728 853 696 46 275 265 10 656 374 0
2021 660 460 7 382 568 42 495 297 9 802 678 0
2020 434 2 116 702 26 912 257 2 420 110 0
2019 9 495 -1 188 095 13 247 599 302 533 0
2018 — — — — 0
2017 — — — — 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
5.6 %
Net profit / revenue
Return on equity (ROE)
1.7 %
Net profit / equity
Return on assets (ROA)
0.4 %
Net profit / assets
Equity ratio
22.8 %
Equity / assets
Debt ratio
77.2 %
Liabilities / assets
Current ratio
6.19
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 25 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 27 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 27 May 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 26 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 9 Jul 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 25 Sep 2020 Company’s own · audited e-Äriregister

Board

  • Tanel Samuel
    Board member · since 18 Jan 2017
  • Kristjan Kivipalu
    Board member · since 6 Jan 2022
  • Nasdaq CSD SE
    Keeper of the share register · since 24 Apr 2023

Right of representation

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

Owners

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
Rulings
Number, date Title Deadline State Document
Ä 50049272 / 11
28 Mar 2025
Amendment entry In force
28 Mar 2025
PDF
Ä 50049272 / 10
14 Jun 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
14 Jun 2023
PDF
Ä 50049272 / 9
24 Apr 2023
Amendment entry In force
24 Apr 2023
PDF
Ä 50049272 / 8
6 Jan 2022
Amendment entry In force
6 Jan 2022
PDF
Ä 50049272 / M4
5 Jan 2022
Procedural ruling 19 Jan 2022 Deficiencies eliminated
5 Jan 2022
PDF
Ä 50049272 / 7
6 Sep 2021
Amendment under Commercial Code § 525 (2) In force
6 Sep 2021
PDF
Ä 50049272 / 6
30 Jan 2020
Amendment entry In force
30 Jan 2020
PDF
Ä 50049272 / M3
25 Feb 2019
Ruling to eliminate deficiencies 27 Mar 2019 Deficiencies eliminated
25 Feb 2019
PDF
Ä 50049272 / 5
25 Feb 2019
Amendment entry In force
25 Feb 2019
PDF
Ä 50049272 / M2
22 Feb 2019
Ruling to eliminate deficiencies 24 Mar 2019 Deficiencies eliminated
25 Feb 2019
PDF
Ä 50049272 / 4
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 50049272 / 3
13 Dec 2017
Amendment entry In force
13 Dec 2017
PDF
Ä 50049272 / 2
14 Jun 2017
Amendment entry In force
14 Jun 2017
PDF
Ä 50049272 / M1
12 Jun 2017
Procedural ruling In force
12 Jun 2017
PDF
Ä 50049272
18 Jan 2017
First entry In force
18 Jan 2017
PDF

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