Kerese Varad OÜ

Active Registry code 14546323 OÜ Tallinn Registered 16 Aug 2018
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Kerese Varad OÜ is a OÜ based in Tallinn, registry code 14546323, status: active. Main activity: Rental and operating of own or leased real estate. Its annual report for 2025 shows revenue of €156 785 and 0 employees.

Turnover
—
State taxes
858 €
↑ 3.4% 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 156 785 €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 -40.1 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q1 2022 – Q1 2026
State taxes, € Q1 2026: 858 € · +3.4% vs Q4 2025
02004006008001 000Q1 2022 Company: 385 €Q1·22Q4 2022 Company: 385 €Q4·22Q2 2023 Company: 548 €Q2·23Q4 2023 Company: 548 €Q4·23Q2 2024 Company: 610 €Q2·24Q4 2024 Company: 610 €Q4·24Q1 2025 Company: 830 €Q1·25Q4 2025 Company: 830 €Q4·25Q1 2026 Company: 858 €Q1·2602004006008001 000Q4 2022 Company: 385 €Q2 2023 Company: 548 €Q2·23Q4 2023 Company: 548 €Q2 2024 Company: 610 €Q2·24Q4 2024 Company: 610 €Q1 2025 Company: 830 €Q1·25Q4 2025 Company: 830 €Q1 2026 Company: 858 €Q1·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q1 2026 — 858 — —
Q4 2025 — 830 — —
Q1 2025 — 830 — —
Q4 2024 — 610 — —
Q2 2024 — 610 — —
Q4 2023 — 548 — —
Q2 2023 — 548 — —
Q4 2022 — 385 — —
Q1 2022 — 385 — —

Financials by year

2019 – 2025
Revenue, € thousand 2025: 156 785 € · +1.8% vs 2024 · industry median 13 620 € · above 91% of the industry
0501001502002019 Company: 0 € Industry median: 10 800 €20192020 Company: 0 € Industry median: 10 586 €20202021 Company: 0 € Industry median: 11 162 €20212022 Company: 18 345 € Industry median: 11 789 €20222023 Company: 126 138 € Industry median: 12 224 €20232024 Company: 153 958 € Industry median: 12 853 €20242025 Company: 156 785 € Industry median: 13 620 €20250501001502002019 Company: 0 € Industry median: 10 800 €20192020 Company: 0 € Industry median: 10 586 €2021 Company: 0 € Industry median: 11 162 €20212022 Company: 18 345 € Industry median: 11 789 €2023 Company: 126 138 € Industry median: 12 224 €20232024 Company: 153 958 € Industry median: 12 853 €2025 Company: 156 785 € 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: -62 939 € · +10.1% vs 2024 · industry median 283 € · above 2% of the industry
-100 000-80 000-60 000-40 000-20 000020 0002019 Company: -58 789 € Industry median: 205 €20192020 Company: -44 167 € Industry median: 175 €20202021 Company: -73 573 € Industry median: 251 €20212022 Company: -80 191 € Industry median: 161 €20222023 Company: -90 651 € Industry median: 154 €20232024 Company: -69 989 € Industry median: 256 €20242025 Company: -62 939 € Industry median: 283 €2025-100 000-80 000-60 000-40 000-20 000020 0002019 Company: -58 789 € Industry median: 205 €20192020 Company: -44 167 € Industry median: 175 €2021 Company: -73 573 € Industry median: 251 €20212022 Company: -80 191 € Industry median: 161 €2023 Company: -90 651 € Industry median: 154 €20232024 Company: -69 989 € Industry median: 256 €2025 Company: -62 939 € 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: -40.1 % · +5.3 pp vs the year before · industry median 5.9 % · above 9% of the industry
-500-400-300-200-10001002019 Company: — Industry median: 5.7 %20192020 Company: — Industry median: 5.6 %20202021 Company: — Industry median: 7.4 %20212022 Company: -437.1 % Industry median: 5.9 %20222023 Company: -71.9 % Industry median: 5.2 %20232024 Company: -45.5 % Industry median: 5.9 %20242025 Company: -40.1 % Industry median: 5.9 %2025-500-400-300-200-10001002019 Company: — Industry median: 5.7 %20192020 Company: — Industry median: 5.6 %2021 Company: — Industry median: 7.4 %20212022 Company: -437.1 % Industry median: 5.9 %2023 Company: -71.9 % Industry median: 5.2 %20232024 Company: -45.5 % Industry median: 5.9 %2025 Company: -40.1 % 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: 3 746 110 € · +0.9% vs 2024
01 0002 0003 0004 0002019 Company: 440 844 €20192020 Company: 875 969 €20202021 Company: 1 820 867 €20212022 Company: 3 541 570 €20222023 Company: 3 703 058 €20232024 Company: 3 713 769 €20242025 Company: 3 746 110 €202501 0002 0003 0004 0002019 Company: 440 844 €20192020 Company: 875 969 €2021 Company: 1 820 867 €20212022 Company: 3 541 570 €2023 Company: 3 703 058 €20232024 Company: 3 713 769 €2025 Company: 3 746 110 €2025
Equity, € thousand 2025: 82 201 € · +171.6% vs 2024
-200-10001002019 Company: -56 289 €20192020 Company: -100 456 €20202021 Company: -174 029 €20212022 Company: 45 780 €20222023 Company: -44 871 €20232024 Company: -114 860 €20242025 Company: 82 201 €2025-200-10001002019 Company: -56 289 €20192020 Company: -100 456 €2021 Company: -174 029 €20212022 Company: 45 780 €2023 Company: -44 871 €20232024 Company: -114 860 €2025 Company: 82 201 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02019 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: 120250.00.20.40.60.81.02019 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 156 785 -62 939 0 3 746 110 82 201 0
2024 153 958 -69 989 0 3 713 769 -114 860 0
2023 126 138 -90 651 0 3 703 058 -44 871 0
2022 18 345 -80 191 0 3 541 570 45 780 0
2021 0 -73 573 0 1 820 867 -174 029 0
2020 0 -44 167 0 875 969 -100 456 0
2019 0 -58 789 0 440 844 -56 289 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
-40.1 %
Net profit / revenue
Return on equity (ROE)
-76.6 %
Net profit / equity
Return on assets (ROA)
-1.7 %
Net profit / assets
Equity ratio
2.2 %
Equity / assets
Debt ratio
97.8 %
Liabilities / assets
Current ratio
0.19
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 30 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 1 Jul 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 26 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own · audited 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 16 Aug 2018 – 31 Dec 2019 7 Jul 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

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 50100385 / 6
22 Dec 2025
Amendment entry In force
22 Dec 2025
PDF
Ä 50100385 / 5
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50100385 / 4
13 Jan 2023
Amendment entry In force
13 Jan 2023
PDF
Ä 50100385 / M1
3 Jan 2023
Ruling to eliminate deficiencies 13 Jan 2023 Deficiencies eliminated
11 Jan 2023
PDF
Ä 50100385 / 3
1 Apr 2020
Amendment entry In force
1 Apr 2020
PDF
Ä 50100385 / 2
26 Sep 2019
Amendment under Commercial Code § 525 (2) In force
26 Sep 2019
PDF
Ä 50100385
16 Aug 2018
First entry In force
16 Aug 2018
PDF

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