Südamekodude Varahaldus OÜ

Active Registry code 14262235 OÜ Tallinn Registered 18 May 2017
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Südamekodude Varahaldus OÜ is a OÜ based in Tallinn, registry code 14262235, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €109 325 with 1 employees.

Turnover
109 325 €
↑ 1.1% vs Q2 2026
State taxes
12 859 €
↑ 8.6% vs Q2 2026
Labour taxes
257 €
↑ 0.0% vs Q2 2026
Employees
1
±0 vs Q2 2026

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

Position in the industry Real estate activities · EMTAK 68

  • Turnover · Q3 2026 109 325 €
    industry median 15 030 € · companies in the industry: 7 443
  • Labour taxes per employee 257 €
    industry median 857 € · companies in the industry: 7 261
  • Revenue · 2025 337 423 €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 -37.7 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 109 325 € · +1.1% vs Q2 2026 · industry median 15 030 € · above 83% of the industry
0255075100125Q4 2023 Company: 12 613 € Industry median: 14 897 €Q4·23Q1 2024 Company: 15 019 € Industry median: 15 027 €Q2 2024 Company: 11 976 € Industry median: 14 064 €Q2·24Q3 2024 Company: 41 229 € Industry median: 14 462 €Q4 2024 Company: 57 035 € Industry median: 14 610 €Q4·24Q1 2025 Company: 57 774 € Industry median: 14 672 €Q2 2025 Company: 56 686 € Industry median: 14 301 €Q2·25Q3 2025 Company: 56 731 € Industry median: 14 273 €Q4 2025 Company: 58 080 € Industry median: 14 464 €Q4·25Q1 2026 Company: 85 563 € Industry median: 14 759 €Q2 2026 Company: 108 112 € Industry median: 14 595 €Q2·26Q3 2026 Company: 109 325 € Industry median: 15 030 €Q3·260255075100125Q4 2024 Company: 57 035 € Industry median: 14 610 €Q1 2025 Company: 57 774 € Industry median: 14 672 €Q1·25Q2 2025 Company: 56 686 € Industry median: 14 301 €Q3 2025 Company: 56 731 € Industry median: 14 273 €Q3·25Q4 2025 Company: 58 080 € Industry median: 14 464 €Q1 2026 Company: 85 563 € Industry median: 14 759 €Q1·26Q2 2026 Company: 108 112 € Industry median: 14 595 €Q3 2026 Company: 109 325 € 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.

Labour taxes per employee, € Q3 2026: 257 € · +0.0% vs Q2 2026 · industry median 857 € · above 16% of the industry
02004006008001 000Q4 2023 Company: 170 € Industry median: 671 €Q4·23Q1 2024 Company: 255 € Industry median: 694 €Q2 2024 Company: 255 € Industry median: 712 €Q2·24Q3 2024 Company: 255 € Industry median: 728 €Q4 2024 Company: 255 € Industry median: 727 €Q4·24Q1 2025 Company: 266 € Industry median: 780 €Q2 2025 Company: 271 € Industry median: 771 €Q2·25Q3 2025 Company: 257 € Industry median: 812 €Q4 2025 Company: 257 € Industry median: 812 €Q4·25Q1 2026 Company: 257 € Industry median: 818 €Q2 2026 Company: 257 € Industry median: 828 €Q2·26Q3 2026 Company: 257 € Industry median: 857 €Q3·2602004006008001 000Q4 2024 Company: 255 € Industry median: 727 €Q1 2025 Company: 266 € Industry median: 780 €Q1·25Q2 2025 Company: 271 € Industry median: 771 €Q3 2025 Company: 257 € Industry median: 812 €Q3·25Q4 2025 Company: 257 € Industry median: 812 €Q1 2026 Company: 257 € Industry median: 818 €Q1·26Q2 2026 Company: 257 € Industry median: 828 €Q3 2026 Company: 257 € Industry median: 857 €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.

Employees Q3 2026: 1 · +0.0% vs Q2 2026
0.00.20.40.60.81.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 12 859 € · +8.6% vs Q2 2026
010 00020 00030 000Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 1 700 €Q4 2024 Company: 9 297 €Q4·24Q1 2025 Company: 26 184 €Q2 2025 Company: 9 481 €Q2·25Q3 2025 Company: 9 831 €Q4 2025 Company: 6 414 €Q4·25Q1 2026 Company: 25 326 €Q2 2026 Company: 11 837 €Q2·26Q3 2026 Company: 12 859 €Q3·26010 00020 00030 000Q4 2024 Company: 9 297 €Q1 2025 Company: 26 184 €Q1·25Q2 2025 Company: 9 481 €Q3 2025 Company: 9 831 €Q3·25Q4 2025 Company: 6 414 €Q1 2026 Company: 25 326 €Q1·26Q2 2026 Company: 11 837 €Q3 2026 Company: 12 859 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 109 325 12 859 257 1
Q2 2026 108 112 11 837 257 1
Q1 2026 85 563 25 326 257 1
Q4 2025 58 080 6 414 257 1
Q3 2025 56 731 9 831 257 1
Q2 2025 56 686 9 481 271 1
Q1 2025 57 774 26 184 266 1
Q4 2024 57 035 9 297 255 1
Q3 2024 41 229 1 700 255 1
Q2 2024 11 976 — 255 1
Q1 2024 15 019 — 255 1
Q4 2023 12 613 — 170 1
Q3 2023 10 764 — — 1
Q2 2023 14 896 — — —
Q1 2023 16 956 1 326 — —
Q4 2022 35 254 4 101 — —
Q3 2022 16 458 307 — —
Q2 2022 28 081 — — —
Q1 2022 15 430 — — —
Labour taxes per employee per month
86 €
Turnover per employee in the quarter
109 325 €

Q3 2026 · calculated from EMTA data

Financials by year

2017 – 2025
Revenue, € thousand 2025: 337 423 € · +49.8% vs 2024 · industry median 13 620 € · above 98% of the industry
01002003004002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 7 005 € Industry median: 10 800 €20192020 Company: 36 575 € Industry median: 10 586 €20202021 Company: 43 508 € Industry median: 11 162 €20212022 Company: 68 026 € Industry median: 11 789 €20222023 Company: 109 758 € Industry median: 12 224 €20232024 Company: 225 291 € Industry median: 12 853 €20242025 Company: 337 423 € Industry median: 13 620 €202501002003004002018 Company: — Industry median: —2019 Company: 7 005 € Industry median: 10 800 €20192020 Company: 36 575 € Industry median: 10 586 €2021 Company: 43 508 € Industry median: 11 162 €20212022 Company: 68 026 € Industry median: 11 789 €2023 Company: 109 758 € Industry median: 12 224 €20232024 Company: 225 291 € Industry median: 12 853 €2025 Company: 337 423 € 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: -127 228 € · +35.4% vs 2024 · industry median 283 € · above 2% of the industry
-200-10001002003002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -52 449 € Industry median: 205 €20192020 Company: -63 608 € Industry median: 175 €20202021 Company: -54 533 € Industry median: 251 €20212022 Company: -87 334 € Industry median: 161 €20222023 Company: 265 550 € Industry median: 154 €20232024 Company: -196 812 € Industry median: 256 €20242025 Company: -127 228 € Industry median: 283 €2025-200-10001002003002018 Company: — Industry median: —2019 Company: -52 449 € Industry median: 205 €20192020 Company: -63 608 € Industry median: 175 €2021 Company: -54 533 € Industry median: 251 €20212022 Company: -87 334 € Industry median: 161 €2023 Company: 265 550 € Industry median: 154 €20232024 Company: -196 812 € Industry median: 256 €2025 Company: -127 228 € 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: -37.7 % · +49.7 pp vs the year before · industry median 5.9 % · above 9% of the industry
-800-600-400-20002004002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -748.7 % Industry median: 5.7 %20192020 Company: -173.9 % Industry median: 5.6 %20202021 Company: -125.3 % Industry median: 7.4 %20212022 Company: -128.4 % Industry median: 5.9 %20222023 Company: 241.9 % Industry median: 5.2 %20232024 Company: -87.4 % Industry median: 5.9 %20242025 Company: -37.7 % Industry median: 5.9 %2025-800-600-400-20002004002018 Company: — Industry median: —2019 Company: -748.7 % Industry median: 5.7 %20192020 Company: -173.9 % Industry median: 5.6 %2021 Company: -125.3 % Industry median: 7.4 %20212022 Company: -128.4 % Industry median: 5.9 %2023 Company: 241.9 % Industry median: 5.2 %20232024 Company: -87.4 % Industry median: 5.9 %2025 Company: -37.7 % 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: 2 694 385 € · −0.9% vs 2024
01 0002 0003 0002017 Company: —20172018 Company: —20182019 Company: 1 405 300 €20192020 Company: 1 252 676 €20202021 Company: 1 782 238 €20212022 Company: 1 927 221 €20222023 Company: 2 635 050 €20232024 Company: 2 720 112 €20242025 Company: 2 694 385 €202501 0002 0003 0002018 Company: —2019 Company: 1 405 300 €20192020 Company: 1 252 676 €2021 Company: 1 782 238 €20212022 Company: 1 927 221 €2023 Company: 2 635 050 €20232024 Company: 2 720 112 €2025 Company: 2 694 385 €2025
Equity, € thousand 2025: 461 962 € · −14.7% vs 2024
02004006008002017 Company: —20172018 Company: —20182019 Company: 678 057 €20192020 Company: 614 448 €20202021 Company: 560 175 €20212022 Company: 472 841 €20222023 Company: 738 391 €20232024 Company: 541 579 €20242025 Company: 461 962 €202502004006008002018 Company: —2019 Company: 678 057 €20192020 Company: 614 448 €2021 Company: 560 175 €20212022 Company: 472 841 €2023 Company: 738 391 €20232024 Company: 541 579 €2025 Company: 461 962 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
05101520252017 Company: 18 Industry median: —20172018 Company: 21 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: 1202505101520252018 Company: 21 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 337 423 -127 228 2 408 2 694 385 461 962 0
2024 225 291 -196 812 2 408 2 720 112 541 579 0
2023 109 758 265 550 803 2 635 050 738 391 0
2022 68 026 -87 334 0 1 927 221 472 841 0
2021 43 508 -54 533 0 1 782 238 560 175 0
2020 36 575 -63 608 0 1 252 676 614 448 0
2019 7 005 -52 449 0 1 405 300 678 057 0
2018 — — — — — 21
2017 — — — — — 18

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
-37.7 %
Net profit / revenue
Return on equity (ROE)
-27.5 %
Net profit / equity
Return on assets (ROA)
-4.7 %
Net profit / assets
Equity ratio
17.1 %
Equity / assets
Debt ratio
82.9 %
Liabilities / assets
Current ratio
0.09
Current assets / current liabilities

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 e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 7 Jul 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 19 Sep 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 31 Oct 2020 Company’s own e-Äriregister

Board

  • Meelis Mälberg
    Board member · since 13 Jul 2026
  • Nasdaq CSD SE
    Keeper of the share register · since 2 Jun 2026

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
  • 77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.
Rulings
Number, date Title Deadline State Document
Ä 50057584 / 15
13 Jul 2026
Amendment entry In force
13 Jul 2026
PDF
Ä 50057584 / 14
2 Jun 2026
Amendment entry In force
2 Jun 2026
PDF
Ä 50057584 / 13
13 Nov 2025
Amendment entry In force
13 Nov 2025
PDF
Ä 50057584 / 12
20 May 2025
Amendment entry In force
20 May 2025
PDF
Ä 50057584 / 11
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50057584 / 10
2 May 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
2 May 2023
PDF
Ä 50057584 / 9
1 Feb 2021
Amendment entry In force
1 Feb 2021
PDF
Ä 50057584 / 8
14 Feb 2019
Amendment under Commercial Code § 525 (2) In force
14 Feb 2019
PDF
Ä 50057584 / 7
10 Sep 2018
Amendment entry In force
10 Sep 2018
PDF
Ä 50057584 / 6
20 Jan 2018
Amendment entry In force
20 Jan 2018
PDF
Ä 50057584 / 5
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 50057584 / 4
21 Dec 2017
Amendment entry In force
21 Dec 2017
PDF
Ä 50057584 / M1
20 Dec 2017
Ruling to eliminate deficiencies 9 Jan 2018 Deficiencies eliminated
21 Dec 2017
PDF
Ä 50057584 / 3
13 Dec 2017
Amendment entry In force
13 Dec 2017
PDF
Ä 50057584 / 2
1 Aug 2017
Amendment entry In force
1 Aug 2017
PDF
Ä 50057584
18 May 2017
First entry In force
18 May 2017
PDF

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