123 Vara OÜ

Active Registry code 14367603 OÜ Tallinn Registered 8 Nov 2017
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123 Vara OÜ is a OÜ based in Tallinn, registry code 14367603, status: active. Main activity: Rental and operating of own or leased real estate. Its annual report for 2025 shows revenue of €39 751 and 0 employees.

Turnover
—
State taxes
761 €
↑ 33.5% vs Q4 2025
Labour taxes
0 €
Employees
—

Q1 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Real estate activities · EMTAK 68

  • Revenue · 2025 39 751 €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 16.0 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q1 2022 – Q1 2026
State taxes, € Q1 2026: 761 € · +33.5% vs Q4 2025
0200400600800Q1 2022 Company: 86 €Q1·22Q1 2023 Company: 96 €Q1·23Q2 2024 Company: 60 €Q2·24Q3 2024 Company: 43 €Q3·24Q1 2025 Company: 698 €Q1·25Q4 2025 Company: 570 €Q4·25Q1 2026 Company: 761 €Q1·260200400600800Q1 2022 Company: 86 €Q1·22Q1 2023 Company: 96 €Q2 2024 Company: 60 €Q2·24Q3 2024 Company: 43 €Q1 2025 Company: 698 €Q1·25Q4 2025 Company: 570 €Q1 2026 Company: 761 €Q1·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q1 2026 — 761 — —
Q4 2025 — 570 — —
Q1 2025 — 698 — —
Q3 2024 — 43 — —
Q2 2024 — 60 — —
Q1 2023 — 96 — —
Q1 2022 — 86 — —

Financials by year

2018 – 2025
Revenue, € 2025: 39 751 € · +0.5% vs 2024 · industry median 13 620 € · above 75% of the industry
010 00020 00030 00040 0002018 Company: — Industry median: —20182019 Company: 37 200 € Industry median: 10 800 €20192020 Company: 39 400 € Industry median: 10 586 €20202021 Company: 27 700 € Industry median: 11 162 €20212022 Company: 30 310 € Industry median: 11 789 €20222023 Company: 37 000 € Industry median: 12 224 €20232024 Company: 39 550 € Industry median: 12 853 €20242025 Company: 39 751 € Industry median: 13 620 €2025010 00020 00030 00040 0002018 Company: — Industry median: —2019 Company: 37 200 € Industry median: 10 800 €20192020 Company: 39 400 € Industry median: 10 586 €2021 Company: 27 700 € Industry median: 11 162 €20212022 Company: 30 310 € Industry median: 11 789 €2023 Company: 37 000 € Industry median: 12 224 €20232024 Company: 39 550 € Industry median: 12 853 €2025 Company: 39 751 € 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, € 2025: 6 352 € · −77.7% vs 2024 · industry median 283 € · above 75% of the industry
010 00020 00030 00040 0002018 Company: — Industry median: —20182019 Company: 35 414 € Industry median: 205 €20192020 Company: 37 774 € Industry median: 175 €20202021 Company: 26 358 € Industry median: 251 €20212022 Company: 28 406 € Industry median: 161 €20222023 Company: 28 984 € Industry median: 154 €20232024 Company: 28 460 € Industry median: 256 €20242025 Company: 6 352 € Industry median: 283 €2025010 00020 00030 00040 0002018 Company: — Industry median: —2019 Company: 35 414 € Industry median: 205 €20192020 Company: 37 774 € Industry median: 175 €2021 Company: 26 358 € Industry median: 251 €20212022 Company: 28 406 € Industry median: 161 €2023 Company: 28 984 € Industry median: 154 €20232024 Company: 28 460 € Industry median: 256 €2025 Company: 6 352 € 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: 16.0 % · −56.0 pp vs the year before · industry median 5.9 % · above 61% of the industry
0204060801002018 Company: — Industry median: —20182019 Company: 95.2 % Industry median: 5.7 %20192020 Company: 95.9 % Industry median: 5.6 %20202021 Company: 95.2 % Industry median: 7.4 %20212022 Company: 93.7 % Industry median: 5.9 %20222023 Company: 78.3 % Industry median: 5.2 %20232024 Company: 72.0 % Industry median: 5.9 %20242025 Company: 16.0 % Industry median: 5.9 %20250204060801002018 Company: — Industry median: —2019 Company: 95.2 % Industry median: 5.7 %20192020 Company: 95.9 % Industry median: 5.6 %2021 Company: 95.2 % Industry median: 7.4 %20212022 Company: 93.7 % Industry median: 5.9 %2023 Company: 78.3 % Industry median: 5.2 %20232024 Company: 72.0 % Industry median: 5.9 %2025 Company: 16.0 % 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: 237 574 € · −3.5% vs 2024
0501001502002502018 Company: —20182019 Company: 167 314 €20192020 Company: 143 088 €20202021 Company: 145 446 €20212022 Company: 193 617 €20222023 Company: 185 514 €20232024 Company: 246 124 €20242025 Company: 237 574 €20250501001502002502018 Company: —2019 Company: 167 314 €20192020 Company: 143 088 €2021 Company: 145 446 €20212022 Company: 193 617 €2023 Company: 185 514 €20232024 Company: 246 124 €2025 Company: 237 574 €2025
Equity, € thousand 2025: 205 326 € · +3.2% vs 2024
0501001502002502018 Company: —20182019 Company: 49 814 €20192020 Company: 87 588 €20202021 Company: 113 946 €20212022 Company: 141 583 €20222023 Company: 170 514 €20232024 Company: 198 974 €20242025 Company: 205 326 €20250501001502002502018 Company: —2019 Company: 49 814 €20192020 Company: 87 588 €2021 Company: 113 946 €20212022 Company: 141 583 €2023 Company: 170 514 €20232024 Company: 198 974 €2025 Company: 205 326 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02018 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, € Labour costs, € Assets, € Equity, € Employees
2025 39 751 6 352 0 237 574 205 326 0
2024 39 550 28 460 0 246 124 198 974 0
2023 37 000 28 984 0 185 514 170 514 0
2022 30 310 28 406 0 193 617 141 583 0
2021 27 700 26 358 0 145 446 113 946 0
2020 39 400 37 774 0 143 088 87 588 0
2019 37 200 35 414 0 167 314 49 814 0
2018 — — — — — 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
16.0 %
Net profit / revenue
Return on equity (ROE)
3.1 %
Net profit / equity
Return on assets (ROA)
2.7 %
Net profit / assets
Equity ratio
86.4 %
Equity / assets
Debt ratio
13.6 %
Liabilities / assets
Current ratio
0.00
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 29 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 28 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 29 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 22 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 16 Oct 2020 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

Beneficial owners

  • Veiko Kask
    Direct ownership · since 19 Oct 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68201Rental and operating of own or leased real estate Main

Rulings 4

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50069284 / 4
1 Sep 2023
 Amendment entry In force
1 Sep 2023
 PDF
Ä 50069284 / 3
14 Mar 2018
 Amendment entry In force
14 Mar 2018
 PDF
Ä 50069284 / 2
21 Jan 2018
 Amendment entry In force
21 Jan 2018
 PDF
Ä 50069284
8 Nov 2017
 First entry In force
8 Nov 2017
 PDF

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