Vanasadama Arenduse OÜ

Active Registry code 14687963 OÜ Tartu linn Registered 22 Mar 2019
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Vanasadama Arenduse OÜ is a OÜ based in Tartu linn, registry code 14687963, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €694 637 with employees.

Turnover
694 637 €
↑ 13.8% vs Q2 2026
State taxes
60 718 €
↑ 81.5% vs Q2 2026
Labour taxes
2 014 €
Employees
—

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

Position in the industry Real estate activities · EMTAK 68

  • Turnover · Q3 2026 694 637 €
    industry median 15 028 € · companies in the industry: 7 443
  • Revenue · 2025 2.4 mn €
    industry median 13 619 € · companies in the industry: 30 472
  • Net profit margin · 2025 19.9 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 694 637 € · +13.8% vs Q2 2026 · industry median 15 028 € · above 98% of the industry
-1 00001 0002 0003 000Q4 2023 Company: 180 045 € Industry median: 14 853 €Q4·23Q1 2024 Company: 33 930 € Industry median: 15 023 €Q2 2024 Company: 1 570 € Industry median: 14 039 €Q2·24Q3 2024 Company: 150 597 € Industry median: 14 422 €Q4 2024 Company: -14 702 € Industry median: 14 599 €Q4·24Q1 2025 Company: 18 896 € Industry median: 14 665 €Q2 2025 Company: 185 263 € Industry median: 14 301 €Q2·25Q3 2025 Company: 143 143 € Industry median: 14 271 €Q4 2025 Company: 1 565 241 € Industry median: 14 463 €Q4·25Q1 2026 Company: 2 924 155 € Industry median: 14 733 €Q2 2026 Company: 610 445 € Industry median: 14 595 €Q2·26Q3 2026 Company: 694 637 € Industry median: 15 028 €Q3·26-1 00001 0002 0003 000Q4 2024 Company: -14 702 € Industry median: 14 599 €Q1 2025 Company: 18 896 € Industry median: 14 665 €Q1·25Q2 2025 Company: 185 263 € Industry median: 14 301 €Q3 2025 Company: 143 143 € Industry median: 14 271 €Q3·25Q4 2025 Company: 1 565 241 € Industry median: 14 463 €Q1 2026 Company: 2 924 155 € Industry median: 14 733 €Q1·26Q2 2026 Company: 610 445 € Industry median: 14 595 €Q3 2026 Company: 694 637 € Industry median: 15 028 €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, € thousand Q3 2026: 60 718 € · +81.5% vs Q2 2026
0200400600Q4 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: 311 983 €Q4·25Q1 2026 Company: 596 746 €Q2 2026 Company: 33 458 €Q2·26Q3 2026 Company: 60 718 €Q3·260200400600Q4 2024 Company: 0 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 0 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 311 983 €Q1 2026 Company: 596 746 €Q1·26Q2 2026 Company: 33 458 €Q3 2026 Company: 60 718 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 694 637 60 718 2 014 —
Q2 2026 610 445 33 458 — —
Q1 2026 2 924 155 596 746 — —
Q4 2025 1 565 241 311 983 — —
Q3 2025 143 143 — — —
Q2 2025 185 263 — — —
Q1 2025 18 896 — — —
Q4 2024 -14 702 — — —
Q3 2024 150 597 — — —
Q2 2024 1 570 — 246 —
Q1 2024 33 930 — — —
Q4 2023 180 045 — — —
Q3 2023 959 619 — — —
Q2 2023 1 487 — — —
Q1 2023 3 914 — — —
Q4 2022 16 678 — — —
Q3 2022 — — — —
Q2 2022 — — — —
Q1 2022 — 2 419 — —

Financials by year

2019 – 2025
Revenue, € thousand 2025: 2 395 039 € · +12 311.5% vs 2024 · industry median 13 619 € · above 98% of the industry
05001 0001 5002 0002 5002019 Company: — Industry median: 10 797 €20192020 Company: — Industry median: 10 580 €20202021 Company: — Industry median: 11 158 €20212022 Company: 16 678 € Industry median: 11 784 €20222023 Company: 10 811 € Industry median: 12 218 €20232024 Company: 19 297 € Industry median: 12 852 €20242025 Company: 2 395 039 € Industry median: 13 619 €202505001 0001 5002 0002 5002019 Company: — Industry median: 10 797 €20192020 Company: — Industry median: 10 580 €2021 Company: — Industry median: 11 158 €20212022 Company: 16 678 € Industry median: 11 784 €2023 Company: 10 811 € Industry median: 12 218 €20232024 Company: 19 297 € Industry median: 12 852 €2025 Company: 2 395 039 € Industry median: 13 619 €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: 476 604 € · +219.8% vs 2024 · industry median 283 € · above 98% of the industry
-2 000-1 00001 0002 0003 0002019 Company: 2 980 967 € Industry median: 205 €20192020 Company: -1 801 342 € Industry median: 175 €20202021 Company: -110 424 € Industry median: 249 €20212022 Company: -246 551 € Industry median: 161 €20222023 Company: -209 684 € Industry median: 154 €20232024 Company: -397 951 € Industry median: 256 €20242025 Company: 476 604 € Industry median: 283 €2025-2 000-1 00001 0002 0003 0002019 Company: 2 980 967 € Industry median: 205 €20192020 Company: -1 801 342 € Industry median: 175 €2021 Company: -110 424 € Industry median: 249 €20212022 Company: -246 551 € Industry median: 161 €2023 Company: -209 684 € Industry median: 154 €20232024 Company: -397 951 € Industry median: 256 €2025 Company: 476 604 € 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: 19.9 % · +2 082.1 pp vs the year before · industry median 5.9 % · above 64% of the industry
-2 500-2 000-1 500-1 000-50005002019 Company: — Industry median: 5.7 %20192020 Company: — Industry median: 5.6 %20202021 Company: — Industry median: 7.4 %20212022 Company: -1 478.3 % Industry median: 5.9 %20222023 Company: -1 939.5 % Industry median: 5.2 %20232024 Company: -2 062.2 % Industry median: 6.0 %20242025 Company: 19.9 % Industry median: 5.9 %2025-2 500-2 000-1 500-1 000-50005002019 Company: — Industry median: 5.7 %20192020 Company: — Industry median: 5.6 %2021 Company: — Industry median: 7.4 %20212022 Company: -1 478.3 % Industry median: 5.9 %2023 Company: -1 939.5 % Industry median: 5.2 %20232024 Company: -2 062.2 % Industry median: 6.0 %2025 Company: 19.9 % 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: 12 133 047 € · +22.4% vs 2024
02 5005 0007 50010 00012 5002019 Company: 3 786 453 €20192020 Company: 2 000 040 €20202021 Company: 1 900 027 €20212022 Company: 2 398 782 €20222023 Company: 5 767 272 €20232024 Company: 9 916 094 €20242025 Company: 12 133 047 €202502 5005 0007 50010 00012 5002019 Company: 3 786 453 €20192020 Company: 2 000 040 €2021 Company: 1 900 027 €20212022 Company: 2 398 782 €2023 Company: 5 767 272 €20232024 Company: 9 916 094 €2025 Company: 12 133 047 €2025
Equity, € thousand 2025: 1 719 119 € · +38.4% vs 2024
01 0002 0003 0004 0002019 Company: 3 783 467 €20192020 Company: 1 982 125 €20202021 Company: 1 871 701 €20212022 Company: 1 625 150 €20222023 Company: 1 640 466 €20232024 Company: 1 242 515 €20242025 Company: 1 719 119 €202501 0002 0003 0004 0002019 Company: 3 783 467 €20192020 Company: 1 982 125 €2021 Company: 1 871 701 €20212022 Company: 1 625 150 €2023 Company: 1 640 466 €20232024 Company: 1 242 515 €2025 Company: 1 719 119 €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 2 395 039 476 604 0 12 133 047 1 719 119 0
2024 19 297 -397 951 597 9 916 094 1 242 515 0
2023 10 811 -209 684 0 5 767 272 1 640 466 0
2022 16 678 -246 551 0 2 398 782 1 625 150 0
2021 — -110 424 0 1 900 027 1 871 701 0
2020 — -1 801 342 0 2 000 040 1 982 125 0
2019 — 2 980 967 0 3 786 453 3 783 467 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
19.9 %
Net profit / revenue
Return on equity (ROE)
27.7 %
Net profit / equity
Return on assets (ROA)
3.9 %
Net profit / assets
Equity ratio
14.2 %
Equity / assets
Debt ratio
85.8 %
Liabilities / assets
Current ratio
1.50
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 29 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 8 Jul 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 9 Sep 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 14 Dec 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 19 May 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 29 Jun 2021 Company’s own · audited e-Äriregister
2019 22 Mar 2019 – 31 Dec 2019 25 Jun 2020 Company’s own · audited e-Äriregister

Board

  • Kaspar Kokk
    Board member · since 22 Mar 2019
  • Sven Mihailov
    Board member · since 18 Apr 2022
  • Nasdaq CSD SE
    Keeper of the share register · since 28 Sep 2021

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

  • AS TRANSCOM VARA
    Founder · 2 500 € · 22 Mar 2019
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 50115747 / M2
15 Jul 2024
Warning of a fine: annual report not filed 14 Aug 2024 Deficiencies eliminated
1 Nov 2024
PDF
Ä 50115747 / M1
13 Dec 2023
Warning of a fine: annual report not filed 12 Jan 2024 Deficiencies eliminated
15 Dec 2023
PDF
Ä 50115747 / 4
18 Apr 2022
Amendment entry In force
18 Apr 2022
PDF
Ä 50115747 / 3
28 Sep 2021
Amendment entry In force
28 Sep 2021
PDF
Ä 50115747 / 2
15 Apr 2019
Amendment entry In force
15 Apr 2019
PDF
Ä 50115747
22 Mar 2019
First entry In force
22 Mar 2019
PDF

Sources: e-Äriregister and EMTA. Data updated 26 Oct 2026. Open at the source ↗ · Report an error in the data