Luther Factory Holding OÜ

Active Registry code 14806675 OÜ Tallinn Registered 17 Sep 2019
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Luther Factory Holding OÜ is a OÜ based in Tallinn, registry code 14806675, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €0 with employees.

Turnover
0 €
State taxes
—
Labour taxes
—
Employees
—

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

Position in the industry Real estate activities · EMTAK 68

  • Revenue · 2023 5 248 €
    industry median 12 224 € · companies in the industry: 31 051
  • Net profit margin · 2023 -8 106.8 %
    industry median 5.2 % · companies in the industry: 25 019

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 0 € · industry median 15 030 € · above 2% of the industry
02 5005 0007 50010 00012 500Q4 2023 Company: 836 € Industry median: 14 897 €Q4·23Q1 2024 Company: 431 € Industry median: 15 027 €Q2 2024 Company: 194 € Industry median: 14 064 €Q2·24Q3 2024 Company: 194 € Industry median: 14 462 €Q4 2024 Company: 194 € Industry median: 14 610 €Q4·24Q1 2025 Company: 194 € Industry median: 14 672 €Q2 2025 Company: 11 264 543 € Industry median: 14 301 €Q2·25Q3 2025 Company: 419 € Industry median: 14 273 €Q4 2025 Company: 0 € Industry median: 14 464 €Q4·25Q1 2026 Company: 0 € Industry median: 14 759 €Q2 2026 Company: 0 € Industry median: 14 595 €Q2·26Q3 2026 Company: 0 € Industry median: 15 030 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 194 € Industry median: 14 610 €Q1 2025 Company: 194 € Industry median: 14 672 €Q1·25Q2 2025 Company: 11 264 543 € Industry median: 14 301 €Q3 2025 Company: 419 € Industry median: 14 273 €Q3·25Q4 2025 Company: 0 € Industry median: 14 464 €Q1 2026 Company: 0 € Industry median: 14 759 €Q1·26Q2 2026 Company: 0 € Industry median: 14 595 €Q3 2026 Company: 0 € Industry median: 15 030 €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 Q1 2026: 0 € · −100.0% vs Q4 2025
01 0002 0003 000Q4 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: 486 €Q2 2025 Company: 2 500 620 €Q2·25Q3 2025 Company: 16 €Q4 2025 Company: 11 054 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·2601 0002 0003 000Q4 2024 Company: 0 €Q1 2025 Company: 486 €Q1·25Q2 2025 Company: 2 500 620 €Q3 2025 Company: 16 €Q3·25Q4 2025 Company: 11 054 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — — — —
Q2 2026 — — — —
Q1 2026 — — — —
Q4 2025 — 11 054 — —
Q3 2025 419 16 — —
Q2 2025 11 264 543 2 500 620 — —
Q1 2025 194 486 — —
Q4 2024 194 — — —
Q3 2024 194 — — —
Q2 2024 194 — — —
Q1 2024 431 — — —
Q4 2023 836 — — —
Q3 2023 1 532 — — —
Q2 2023 1 532 — — —
Q1 2023 2 915 19 664 — —
Q4 2022 6 718 2 919 — —
Q3 2022 7 351 — — —
Q2 2022 5 332 — — —
Q1 2022 6 159 — — —

Financials by year

2020 – 2023
Revenue, € 2023: 5 248 € · −75.1% vs 2022 · industry median 12 224 € · above 34% of the industry
05 00010 00015 00020 00025 0002020 Company: — Industry median: 10 586 €20202021 Company: 19 486 € Industry median: 11 162 €20212022 Company: 21 090 € Industry median: 11 789 €20222023 Company: 5 248 € Industry median: 12 224 €202305 00010 00015 00020 00025 0002020 Company: — Industry median: 10 586 €2021 Company: 19 486 € Industry median: 11 162 €20212022 Company: 21 090 € Industry median: 11 789 €2023 Company: 5 248 € Industry median: 12 224 €2023
  • 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 2023: -425 446 € · +62.3% vs 2022 · industry median 154 € · above 2% of the industry
-1 500-1 000-50005002020 Company: -101 € Industry median: 175 €20202021 Company: -1 324 184 € Industry median: 251 €20212022 Company: -1 127 903 € Industry median: 161 €20222023 Company: -425 446 € Industry median: 154 €2023-1 500-1 000-50005002020 Company: -101 € Industry median: 175 €2021 Company: -1 324 184 € Industry median: 251 €20212022 Company: -1 127 903 € Industry median: 161 €2023 Company: -425 446 € Industry median: 154 €2023
  • 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, % 2023: -8 106.8 % · −2 758.8 pp vs the year before · industry median 5.2 % · above 2% of the industry
-10 000-8 000-6 000-4 000-2 00002 0002020 Company: — Industry median: 5.6 %20202021 Company: -6 795.6 % Industry median: 7.4 %20212022 Company: -5 348.0 % Industry median: 5.9 %20222023 Company: -8 106.8 % Industry median: 5.2 %2023-10 000-8 000-6 000-4 000-2 00002 0002020 Company: — Industry median: 5.6 %2021 Company: -6 795.6 % Industry median: 7.4 %20212022 Company: -5 348.0 % Industry median: 5.9 %2023 Company: -8 106.8 % Industry median: 5.2 %2023
  • 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 2023: 8 273 798 € · +16.9% vs 2022
02 0004 0006 0008 00010 0002020 Company: 970 348 €20202021 Company: 7 375 092 €20212022 Company: 7 078 458 €20222023 Company: 8 273 798 €202302 0004 0006 0008 00010 0002020 Company: 970 348 €2021 Company: 7 375 092 €20212022 Company: 7 078 458 €2023 Company: 8 273 798 €2023
Equity, € thousand 2023: -2 877 634 € · −17.3% vs 2022
-3 000-2 000-1 00002020 Company: -101 €20202021 Company: -1 324 285 €20212022 Company: -2 452 188 €20222023 Company: -2 877 634 €2023-3 000-2 000-1 00002020 Company: -101 €2021 Company: -1 324 285 €20212022 Company: -2 452 188 €2023 Company: -2 877 634 €2023
Employees 2023: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120230.00.20.40.60.81.02020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 12023
  • 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
2023 5 248 -425 446 0 8 273 798 -2 877 634 0
2022 21 090 -1 127 903 0 7 078 458 -2 452 188 0
2021 19 486 -1 324 184 0 7 375 092 -1 324 285 0
2020 — -101 0 970 348 -101 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 2023

Net profit margin
-8 106.8 %
Net profit / revenue
Return on assets (ROA)
-5.1 %
Net profit / assets
Equity ratio
-34.8 %
Equity / assets
Debt ratio
134.8 %
Liabilities / assets
Current ratio
1.18
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2023 1 Jan 2023 – 31 Dec 2023 3 Apr 2025 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 3 Jul 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 21 Oct 2022 Company’s own · audited e-Äriregister
2020 17 Sep 2019 – 31 Dec 2020 10 Nov 2021 Company’s own e-Äriregister

Board

  • Andres Urb
    Board member · since 17 Sep 2019
  • Toomas Saarma
    Board member · since 2 Feb 2026
  • Nasdaq CSD SE
    Keeper of the share register · since 29 Dec 2020

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

  • Andres Urb
    Founder · 24 000 € · 11 Sep 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 50128061 / 4
2 Feb 2026
Entry to enforce another court decision In force
2 Feb 2026
PDF
Ä 50128061 / M5
3 Apr 2025
Warning of compulsory dissolution: insufficient net assets 3 Oct 2025 In force
3 Apr 2025
PDF
Ä 50128061 / M4
31 Jan 2025
Repeated fine for not filing the report 15 Feb 2025 In force
17 Feb 2025
PDF
Ä 50128061 / M3
22 Aug 2024
Fine for not filing the report 10 Sep 2024 In force
11 Sep 2024
PDF
Ä 50128061 / M2
15 Jul 2024
Warning of a fine: annual report not filed 14 Aug 2024 In force
15 Jul 2024
PDF
Ä 50128061 / 3
14 Jan 2021
Amendment under Commercial Code § 525 (2) In force
14 Jan 2021
PDF
Ä 50128061 / 2
29 Dec 2020
Amendment entry In force
29 Dec 2020
PDF
Ä 50128061
17 Sep 2019
First entry In force
17 Sep 2019
PDF
Ä 50128061 / M1
11 Sep 2019
Ruling to eliminate deficiencies 11 Oct 2019 Deficiencies eliminated
17 Sep 2019
PDF

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