Erma Arendus OÜ

Active Registry code 14397366 OÜ Tallinn Registered 28 Dec 2017
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Erma Arendus OÜ is a OÜ based in Tallinn, registry code 14397366, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €104 704 with employees.

Turnover
104 704 €
↓ 1.2% vs Q2 2026
State taxes
18 625 €
↑ 1.7% 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 104 704 €
    industry median 15 029 € · companies in the industry: 7 444
  • Revenue · 2025 412 173 €
    industry median 13 620 € · companies in the industry: 30 470
  • Net profit margin · 2025 11.4 %
    industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 104 704 € · −1.2% vs Q2 2026 · industry median 15 029 € · above 83% of the industry
0255075100125Q4 2023 Company: 95 106 € Industry median: 14 894 €Q4·23Q1 2024 Company: 96 857 € Industry median: 15 029 €Q2 2024 Company: 95 630 € Industry median: 14 045 €Q2·24Q3 2024 Company: 91 274 € Industry median: 14 441 €Q4 2024 Company: 99 570 € Industry median: 14 605 €Q4·24Q1 2025 Company: 105 301 € Industry median: 14 686 €Q2 2025 Company: 102 181 € Industry median: 14 302 €Q2·25Q3 2025 Company: 100 652 € Industry median: 14 276 €Q4 2025 Company: 101 019 € Industry median: 14 465 €Q4·25Q1 2026 Company: 106 402 € Industry median: 14 753 €Q2 2026 Company: 105 991 € Industry median: 14 601 €Q2·26Q3 2026 Company: 104 704 € Industry median: 15 029 €Q3·260255075100125Q4 2024 Company: 99 570 € Industry median: 14 605 €Q1 2025 Company: 105 301 € Industry median: 14 686 €Q1·25Q2 2025 Company: 102 181 € Industry median: 14 302 €Q3 2025 Company: 100 652 € Industry median: 14 276 €Q3·25Q4 2025 Company: 101 019 € Industry median: 14 465 €Q1 2026 Company: 106 402 € Industry median: 14 753 €Q1·26Q2 2026 Company: 105 991 € Industry median: 14 601 €Q3 2026 Company: 104 704 € Industry median: 15 029 €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: 18 625 € · +1.7% vs Q2 2026
05 00010 00015 00020 000Q4 2023 Company: 14 247 €Q4·23Q1 2024 Company: 15 008 €Q2 2024 Company: 15 715 €Q2·24Q3 2024 Company: 15 688 €Q4 2024 Company: 16 081 €Q4·24Q1 2025 Company: 16 737 €Q2 2025 Company: 15 987 €Q2·25Q3 2025 Company: 17 045 €Q4 2025 Company: 18 088 €Q4·25Q1 2026 Company: 19 132 €Q2 2026 Company: 18 318 €Q2·26Q3 2026 Company: 18 625 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 16 081 €Q1 2025 Company: 16 737 €Q1·25Q2 2025 Company: 15 987 €Q3 2025 Company: 17 045 €Q3·25Q4 2025 Company: 18 088 €Q1 2026 Company: 19 132 €Q1·26Q2 2026 Company: 18 318 €Q3 2026 Company: 18 625 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 104 704 18 625 — —
Q2 2026 105 991 18 318 — —
Q1 2026 106 402 19 132 — —
Q4 2025 101 019 18 088 — —
Q3 2025 100 652 17 045 — —
Q2 2025 102 181 15 987 — —
Q1 2025 105 301 16 737 — —
Q4 2024 99 570 16 081 — —
Q3 2024 91 274 15 688 — —
Q2 2024 95 630 15 715 — —
Q1 2024 96 857 15 008 — —
Q4 2023 95 106 14 247 — —
Q3 2023 91 207 13 885 — —
Q2 2023 90 982 13 637 — —
Q1 2023 97 863 14 133 — —
Q4 2022 108 890 12 743 — —
Q3 2022 95 214 12 176 — —
Q2 2022 95 408 12 517 — —
Q1 2022 102 448 12 776 — —

Financials by year

2018 – 2025
Revenue, € thousand 2025: 412 173 € · +6.3% vs 2024 · industry median 13 620 € · above 98% of the industry
01002003004005002018 Company: — Industry median: —20182019 Company: 119 573 € Industry median: 10 800 €20192020 Company: 249 936 € Industry median: 10 586 €20202021 Company: 354 139 € Industry median: 11 162 €20212022 Company: 401 519 € Industry median: 11 792 €20222023 Company: 376 330 € Industry median: 12 224 €20232024 Company: 387 925 € Industry median: 12 863 €20242025 Company: 412 173 € Industry median: 13 620 €202501002003004005002018 Company: — Industry median: —2019 Company: 119 573 € Industry median: 10 800 €20192020 Company: 249 936 € Industry median: 10 586 €2021 Company: 354 139 € Industry median: 11 162 €20212022 Company: 401 519 € Industry median: 11 792 €2023 Company: 376 330 € Industry median: 12 224 €20232024 Company: 387 925 € Industry median: 12 863 €2025 Company: 412 173 € 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: 46 864 € · −76.0% vs 2024 · industry median 283 € · above 90% of the industry
01002003004005002018 Company: — Industry median: —20182019 Company: 490 678 € Industry median: 205 €20192020 Company: 113 293 € Industry median: 175 €20202021 Company: 194 074 € Industry median: 250 €20212022 Company: 239 857 € Industry median: 161 €20222023 Company: 202 032 € Industry median: 154 €20232024 Company: 195 511 € Industry median: 256 €20242025 Company: 46 864 € Industry median: 283 €202501002003004005002018 Company: — Industry median: —2019 Company: 490 678 € Industry median: 205 €20192020 Company: 113 293 € Industry median: 175 €2021 Company: 194 074 € Industry median: 250 €20212022 Company: 239 857 € Industry median: 161 €2023 Company: 202 032 € Industry median: 154 €20232024 Company: 195 511 € Industry median: 256 €2025 Company: 46 864 € 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: 11.4 % · −39.0 pp vs the year before · industry median 5.9 % · above 57% of the industry
01002003004005002018 Company: — Industry median: —20182019 Company: 410.4 % Industry median: 5.7 %20192020 Company: 45.3 % Industry median: 5.6 %20202021 Company: 54.8 % Industry median: 7.4 %20212022 Company: 59.7 % Industry median: 5.9 %20222023 Company: 53.7 % Industry median: 5.2 %20232024 Company: 50.4 % Industry median: 5.9 %20242025 Company: 11.4 % Industry median: 5.9 %202501002003004005002018 Company: — Industry median: —2019 Company: 410.4 % Industry median: 5.7 %20192020 Company: 45.3 % Industry median: 5.6 %2021 Company: 54.8 % Industry median: 7.4 %20212022 Company: 59.7 % Industry median: 5.9 %2023 Company: 53.7 % Industry median: 5.2 %20232024 Company: 50.4 % Industry median: 5.9 %2025 Company: 11.4 % 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: 4 163 191 € · −0.8% vs 2024
01 0002 0003 0004 0005 0002018 Company: —20182019 Company: 2 995 873 €20192020 Company: 3 586 958 €20202021 Company: 3 778 779 €20212022 Company: 3 919 657 €20222023 Company: 4 062 040 €20232024 Company: 4 197 429 €20242025 Company: 4 163 191 €202501 0002 0003 0004 0005 0002018 Company: —2019 Company: 2 995 873 €20192020 Company: 3 586 958 €2021 Company: 3 778 779 €20212022 Company: 3 919 657 €2023 Company: 4 062 040 €20232024 Company: 4 197 429 €2025 Company: 4 163 191 €2025
Equity, € thousand 2025: 1 428 893 € · +3.4% vs 2024
05001 0001 5002018 Company: —20182019 Company: 436 386 €20192020 Company: 550 554 €20202021 Company: 744 628 €20212022 Company: 984 485 €20222023 Company: 1 186 517 €20232024 Company: 1 382 028 €20242025 Company: 1 428 893 €202505001 0001 5002018 Company: —2019 Company: 436 386 €20192020 Company: 550 554 €2021 Company: 744 628 €20212022 Company: 984 485 €2023 Company: 1 186 517 €20232024 Company: 1 382 028 €2025 Company: 1 428 893 €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, € Assets, € Equity, € Employees
2025 412 173 46 864 4 163 191 1 428 893 0
2024 387 925 195 511 4 197 429 1 382 028 0
2023 376 330 202 032 4 062 040 1 186 517 0
2022 401 519 239 857 3 919 657 984 485 0
2021 354 139 194 074 3 778 779 744 628 0
2020 249 936 113 293 3 586 958 550 554 0
2019 119 573 490 678 2 995 873 436 386 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
11.4 %
Net profit / revenue
Return on equity (ROE)
3.3 %
Net profit / equity
Return on assets (ROA)
1.1 %
Net profit / assets
Equity ratio
34.3 %
Equity / assets
Debt ratio
65.7 %
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 15 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 5 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 14 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 28 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 12 Jul 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 8 Jul 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 20 Jul 2020 Company’s own · audited e-Äriregister

Board

  • Aleksandr Mihhailov
    Board member · since 28 Aug 2020
  • Gennady Maytak
    Board member · since 28 Aug 2020
  • Nasdaq CSD SE
    Keeper of the share register · since 10 Jul 2018

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 50073004 / 7
28 Sep 2021
Amendment under Commercial Code § 525 (2) In force
28 Sep 2021
PDF
Ä 50073004 / 6
28 Aug 2020
Amendment entry In force
28 Aug 2020
PDF
Ä 50073004 / 5
20 Jan 2020
Amendment entry In force
20 Jan 2020
PDF
Ä 50073004 / 4
9 Jan 2019
Amendment entry In force
9 Jan 2019
PDF
Ä 50073004 / M1
7 Jan 2019
Ruling to eliminate deficiencies 6 Feb 2019 Deficiencies eliminated
9 Jan 2019
PDF
Ä 50073004 / 3
10 Jul 2018
Amendment entry In force
10 Jul 2018
PDF
Ä 50073004 / 2
20 Jan 2018
Amendment entry In force
20 Jan 2018
PDF
Ä 50073004
28 Dec 2017
First entry In force
28 Dec 2017
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data