Zem Kinnisvara OÜ is a OÜ based in Tallinn, registry code 14594026, status: active. Main activity: Buying and selling of own real estate. According to EMTA, turnover for Q3 2026 was €12 880 with 3 employees.
Turnover
12 880 €
↓ 25.1%vs Q2 2026
State taxes
4 352 €
↓ 66.1%vs Q2 2026
Labour taxes
4 082 €
↑ 7.5%vs Q2 2026
Employees
3
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Real estate activities · EMTAK 68
Turnover · Q3 202612 880 €
above 46% of companies
industry median 15 030 € · companies in the industry: 7 443
Labour taxes per employee1 361 €
above 73% of companies
industry median 857 € · companies in the industry: 7 261
Revenue · 2025417 880 €
above 98% of companies
industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 20252.7 %
above 44% of companies
industry median 5.9 % · companies in the industry: 25 043
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 12 880 € · −25.1% vs Q2 2026 · industry median 15 030 € · above 46% of the industry
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: 1 361 € · +7.5% vs Q2 2026 · industry median 857 € · above 73% of the industry
Company
Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 3 · +0.0% vs Q2 2026State taxes, € Q3 2026: 4 352 € · −66.1% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
12 880
4 352
4 082
3
Q2 2026
17 200
12 845
3 797
3
Q1 2026
10 220
9 598
3 652
2
Q4 2025
12 700
5 887
5 707
2
Q3 2025
41 970
10 901
10 729
4
Q2 2025
32 490
6 217
6 003
4
Q1 2025
23 080
4 973
2 503
3
Q4 2024
—
5 741
352
1
Q3 2024
24 590
—
—
—
Q2 2024
—
20
—
—
Q1 2024
—
1
—
—
Q4 2023
13 182
5 908
4 606
—
Q3 2023
—
2 063
2 194
2
Q2 2023
—
2 160
2 258
—
Q1 2023
—
2 203
2 129
1
Q4 2022
—
970
853
1
Q3 2022
—
—
—
1
Q2 2022
—
144
—
—
Q1 2022
—
24
—
—
Labour taxes per employee per month
454 €
Turnover per employee in the quarter
4 293 €
Q3 2026 · calculated from EMTA data
Financials by year
2019 – 2025
Revenue, € thousand 2025: 417 880 € · −25.5% vs 2024 · industry median 13 620 € · above 98% of the industry
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: 11 171 € · −78.2% vs 2024 · industry median 283 € · above 81% of the industry
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: 2.7 % · −6.5 pp vs the year before · industry median 5.9 % · above 44% of the industry
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: 460 156 € · +51.3% vs 2024Equity, € thousand 2025: 229 213 € · +5.1% vs 2024Employees2025: 4 · +300.0% vs 2024 · industry median 1 · above 95% of the industry
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
417 880
11 171
73 478
460 156
229 213
4
2024
561 100
51 324
3 736
304 130
218 042
1
2023
100 452
57 528
24 606
172 427
166 718
2
2022
61 115
20 927
5 427
187 950
109 190
1
2021
50 400
39 090
0
176 510
88 263
0
2020
264 800
34 335
0
146 413
46 673
0
2019
161 900
12 338
1 734
107 335
12 338
1
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
2.7 %
Net profit / revenue
Return on equity (ROE)
4.9 %
Net profit / equity
Return on assets (ROA)
2.4 %
Net profit / assets
Equity ratio
49.8 %
Equity / assets
Debt ratio
50.2 %
Liabilities / assets
Current ratio
1.49
Current assets / current liabilities
Revenue per employee
104 470 €
Revenue / average full-time employees
Labour cost per employee per month
1 531 €
Labour costs / employees / 12 months (incl. employer taxes)
