Ülemiste City Residences OÜ

Active Registry code 14578228 OÜ Tallinn Registered 2 Oct 2018
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Ülemiste City Residences OÜ is a OÜ based in Tallinn, registry code 14578228, status: active. Main activity: Visitor flats. According to EMTA, turnover for Q3 2026 was €357 758 with employees.

Turnover
357 758 €
↑ 16.3% vs Q2 2026
State taxes
0 €
Labour taxes
0 €
Employees
—

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

Position in the industry Accommodation · EMTAK 55

  • Turnover · Q3 2026 357 758 €
    industry median 14 443 € · companies in the industry: 1 209
  • Revenue · 2025 1 mn €
    industry median 12 949 € · companies in the industry: 2 211
  • Net profit margin · 2025 1.1 %
    industry median 3.6 % · companies in the industry: 1 824

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 357 758 € · +16.3% vs Q2 2026 · industry median 14 443 € · above 91% of the industry
0100200300400Q4 2023 Company: 246 767 € Industry median: 7 379 €Q4·23Q1 2024 Company: 215 734 € Industry median: 7 423 €Q2 2024 Company: 251 336 € Industry median: 7 782 €Q2·24Q3 2024 Company: 334 667 € Industry median: 14 910 €Q4 2024 Company: 296 135 € Industry median: 7 255 €Q4·24Q1 2025 Company: 257 624 € Industry median: 5 990 €Q2 2025 Company: 237 238 € Industry median: 6 555 €Q2·25Q3 2025 Company: 360 728 € Industry median: 14 664 €Q4 2025 Company: 295 740 € Industry median: 6 790 €Q4·25Q1 2026 Company: 277 353 € Industry median: 6 401 €Q2 2026 Company: 307 501 € Industry median: 7 586 €Q2·26Q3 2026 Company: 357 758 € Industry median: 14 443 €Q3·260100200300400Q4 2024 Company: 296 135 € Industry median: 7 255 €Q1 2025 Company: 257 624 € Industry median: 5 990 €Q1·25Q2 2025 Company: 237 238 € Industry median: 6 555 €Q3 2025 Company: 360 728 € Industry median: 14 664 €Q3·25Q4 2025 Company: 295 740 € Industry median: 6 790 €Q1 2026 Company: 277 353 € Industry median: 6 401 €Q1·26Q2 2026 Company: 307 501 € Industry median: 7 586 €Q3 2026 Company: 357 758 € Industry median: 14 443 €Q3·26
  • Company
  • Industry median

Industry: Accommodation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 0 €
0.00.00.00.00.00.0Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 0 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 0 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 0 €Q3·260.00.00.00.00.00.0Q4 2024 Company: 0 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 0 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 0 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 357 758 — — —
Q2 2026 307 501 — — —
Q1 2026 277 353 — — —
Q4 2025 295 740 — — —
Q3 2025 360 728 — — —
Q2 2025 237 238 — — —
Q1 2025 257 624 — — —
Q4 2024 296 135 — — —
Q3 2024 334 667 — — —
Q2 2024 251 336 — — —
Q1 2024 215 734 — — —
Q4 2023 246 767 — — —
Q3 2023 285 786 — — —
Q2 2023 274 286 — — —
Q1 2023 253 723 — — —
Q4 2022 243 356 — — —
Q3 2022 326 849 — — —
Q2 2022 235 382 — — —
Q1 2022 205 978 — — —

Financials by year

2019 – 2025
Revenue, € thousand 2025: 1 049 618 € · +6.6% vs 2024 · industry median 12 949 € · above 98% of the industry
02505007501 0001 2502019 Company: — Industry median: 15 012 €20192020 Company: 169 921 € Industry median: 11 707 €20202021 Company: 654 877 € Industry median: 12 221 €20212022 Company: 966 012 € Industry median: 14 348 €20222023 Company: 936 558 € Industry median: 13 864 €20232024 Company: 984 683 € Industry median: 13 526 €20242025 Company: 1 049 618 € Industry median: 12 949 €202502505007501 0001 2502019 Company: — Industry median: 15 012 €20192020 Company: 169 921 € Industry median: 11 707 €2021 Company: 654 877 € Industry median: 12 221 €20212022 Company: 966 012 € Industry median: 14 348 €2023 Company: 936 558 € Industry median: 13 864 €20232024 Company: 984 683 € Industry median: 13 526 €2025 Company: 1 049 618 € Industry median: 12 949 €2025
  • Company
  • Industry median

Industry: Accommodation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 11 879 € · +115.1% vs 2024 · industry median 94 € · above 85% of the industry
-250-200-150-100-500502019 Company: -3 050 € Industry median: 780 €20192020 Company: -169 772 € Industry median: 0 €20202021 Company: -227 731 € Industry median: 231 €20212022 Company: -96 483 € Industry median: 294 €20222023 Company: -84 330 € Industry median: 140 €20232024 Company: -78 804 € Industry median: 175 €20242025 Company: 11 879 € Industry median: 94 €2025-250-200-150-100-500502019 Company: -3 050 € Industry median: 780 €20192020 Company: -169 772 € Industry median: 0 €2021 Company: -227 731 € Industry median: 231 €20212022 Company: -96 483 € Industry median: 294 €2023 Company: -84 330 € Industry median: 140 €20232024 Company: -78 804 € Industry median: 175 €2025 Company: 11 879 € Industry median: 94 €2025
  • Company
  • Industry median

Industry: Accommodation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 1.1 % · +9.1 pp vs the year before · industry median 3.6 % · above 43% of the industry
-100-75-50-250252019 Company: — Industry median: 8.0 %20192020 Company: -99.9 % Industry median: 2.7 %20202021 Company: -34.8 % Industry median: 8.0 %20212022 Company: -10.0 % Industry median: 7.6 %20222023 Company: -9.0 % Industry median: 5.0 %20232024 Company: -8.0 % Industry median: 5.5 %20242025 Company: 1.1 % Industry median: 3.6 %2025-100-75-50-250252019 Company: — Industry median: 8.0 %20192020 Company: -99.9 % Industry median: 2.7 %2021 Company: -34.8 % Industry median: 8.0 %20212022 Company: -10.0 % Industry median: 7.6 %2023 Company: -9.0 % Industry median: 5.0 %20232024 Company: -8.0 % Industry median: 5.5 %2025 Company: 1.1 % Industry median: 3.6 %2025
  • Company
  • Industry median

Industry: Accommodation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 143 196 € · +17.1% vs 2024
0501001502002019 Company: 14 450 €20192020 Company: 87 112 €20202021 Company: 113 972 €20212022 Company: 143 980 €20222023 Company: 157 494 €20232024 Company: 122 277 €20242025 Company: 143 196 €20250501001502002019 Company: 14 450 €20192020 Company: 87 112 €2021 Company: 113 972 €20212022 Company: 143 980 €2023 Company: 157 494 €20232024 Company: 122 277 €2025 Company: 143 196 €2025
Equity, € thousand 2025: 39 209 € · +43.5% vs 2024
-400-300-200-10001002019 Company: -550 €20192020 Company: -170 322 €20202021 Company: -398 053 €20212022 Company: -64 536 €20222023 Company: -48 866 €20232024 Company: 27 330 €20242025 Company: 39 209 €2025-400-300-200-10001002019 Company: -550 €20192020 Company: -170 322 €2021 Company: -398 053 €20212022 Company: -64 536 €2023 Company: -48 866 €20232024 Company: 27 330 €2025 Company: 39 209 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.51.01.52.02019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 220202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.51.01.52.02019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 22021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 22023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Accommodation (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 1 049 618 11 879 — 143 196 39 209 0
2024 984 683 -78 804 0 122 277 27 330 0
2023 936 558 -84 330 0 157 494 -48 866 0
2022 966 012 -96 483 0 143 980 -64 536 0
2021 654 877 -227 731 0 113 972 -398 053 0
2020 169 921 -169 772 0 87 112 -170 322 0
2019 — -3 050 0 14 450 -550 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
1.1 %
Net profit / revenue
Return on equity (ROE)
30.3 %
Net profit / equity
Return on assets (ROA)
8.3 %
Net profit / assets
Equity ratio
27.4 %
Equity / assets
Debt ratio
72.6 %
Liabilities / assets
Current ratio
1.37
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 12 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 9 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 21 Jun 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 2 Oct 2018 – 31 Dec 2019 2 Jun 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

  • ANDERS ANDERSON
    Indirect ownership · since 7 Jul 2025
  • Guido Pärnits
    Member of a senior management body (management or supervisory board) · since 10 Oct 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 55204Visitor flats Main
Rulings
Number, date Title Deadline State Document
Ä 50101177 / 13
5 Oct 2026
Amendment entry In force
5 Oct 2026
PDF
Ä 50101177 / M4
17 Sep 2026
Ruling to eliminate deficiencies 6 Oct 2026 Deficiencies eliminated
30 Sep 2026
PDF
Ä 50101177 / 12
19 May 2025
Amendment entry In force
19 May 2025
PDF
Ä 50101177 / M3
29 Oct 2024
Ruling to correct data outside an entry 12 Nov 2024 Deficiencies eliminated
8 Nov 2024
PDF
Ä 50101177 / 11
20 Nov 2023
Amendment entry In force
20 Nov 2023
PDF
Ä 50101177 / M2
6 Nov 2023
Ruling to eliminate deficiencies 6 Dec 2023 Deficiencies eliminated
20 Nov 2023
PDF
Ä 50101177 / 10
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50101177 / 9
19 Jan 2023
Amendment entry In force
19 Jan 2023
PDF
Ä 50101177 / 8
2 Sep 2022
Amendment under Commercial Code § 525 (2) In force
2 Sep 2022
PDF
Ä 50101177 / 7
4 Apr 2022
Amendment entry In force
4 Apr 2022
PDF
Ä 50101177 / 6
20 Jan 2022
Amendment entry In force
20 Jan 2022
PDF
Ä 50101177 / 5
14 Jan 2022
Amendment entry In force
14 Jan 2022
PDF
Ä 50101177 / 4
13 Oct 2021
Amendment entry In force
13 Oct 2021
PDF
Ä 50101177 / 3
15 Feb 2021
Amendment entry In force
15 Feb 2021
PDF
Ä 50101177 / 2
30 Nov 2018
Amendment entry In force
30 Nov 2018
PDF
Ä 50101177
2 Oct 2018
First entry In force
2 Oct 2018
PDF
Ä 50101177 / M1
28 Aug 2018
Ruling to eliminate deficiencies 17 Sep 2018 Deficiencies eliminated
28 Sep 2018
PDF

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