Solares OÜ

Active Registry code 14847119 OÜ Tallinn Registered 12 Nov 2019
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Solares OÜ is a OÜ based in Tallinn, registry code 14847119, status: active. Main activity: Development of building projects. According to EMTA, turnover for Q3 2026 was €910 081 with employees.

Turnover
910 081 €
↓ 14.2% vs Q2 2026
State taxes
188 064 €
↓ 5.8% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Real estate activities · EMTAK 68

  • Turnover · Q3 2026 910 081 €
    industry median 15 029 € · companies in the industry: 7 444
  • Revenue · 2025 8.2 mn €
    industry median 13 620 € · companies in the industry: 30 470
  • Net profit margin · 2025 8.0 %
    industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 910 081 € · −14.2% vs Q2 2026 · industry median 15 029 € · above 98% of the industry
02 0004 0006 000Q4 2023 Company: 10 000 € Industry median: 14 894 €Q4·23Q1 2024 Company: 50 378 € Industry median: 15 029 €Q2 2024 Company: 113 553 € Industry median: 14 045 €Q2·24Q3 2024 Company: 138 926 € Industry median: 14 441 €Q4 2024 Company: 266 631 € Industry median: 14 605 €Q4·24Q1 2025 Company: 92 381 € Industry median: 14 686 €Q2 2025 Company: 255 082 € Industry median: 14 302 €Q2·25Q3 2025 Company: 1 337 763 € Industry median: 14 276 €Q4 2025 Company: 5 836 201 € Industry median: 14 465 €Q4·25Q1 2026 Company: 1 040 334 € Industry median: 14 753 €Q2 2026 Company: 1 060 454 € Industry median: 14 601 €Q2·26Q3 2026 Company: 910 081 € Industry median: 15 029 €Q3·2602 0004 0006 000Q4 2024 Company: 266 631 € Industry median: 14 605 €Q1 2025 Company: 92 381 € Industry median: 14 686 €Q1·25Q2 2025 Company: 255 082 € Industry median: 14 302 €Q3 2025 Company: 1 337 763 € Industry median: 14 276 €Q3·25Q4 2025 Company: 5 836 201 € Industry median: 14 465 €Q1 2026 Company: 1 040 334 € Industry median: 14 753 €Q1·26Q2 2026 Company: 1 060 454 € Industry median: 14 601 €Q3 2026 Company: 910 081 € Industry median: 15 029 €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: 188 064 € · −5.8% vs Q2 2026
05001 0001 500Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 8 599 €Q2 2024 Company: 21 730 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 0 €Q2·25Q3 2025 Company: 117 614 €Q4 2025 Company: 1 374 229 €Q4·25Q1 2026 Company: 198 143 €Q2 2026 Company: 199 744 €Q2·26Q3 2026 Company: 188 064 €Q3·2605001 0001 500Q4 2024 Company: 0 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 0 €Q3 2025 Company: 117 614 €Q3·25Q4 2025 Company: 1 374 229 €Q1 2026 Company: 198 143 €Q1·26Q2 2026 Company: 199 744 €Q3 2026 Company: 188 064 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 910 081 188 064 — —
Q2 2026 1 060 454 199 744 — —
Q1 2026 1 040 334 198 143 — —
Q4 2025 5 836 201 1 374 229 — —
Q3 2025 1 337 763 117 614 — —
Q2 2025 255 082 — — —
Q1 2025 92 381 — — —
Q4 2024 266 631 — 124 —
Q3 2024 138 926 — — —
Q2 2024 113 553 21 730 — —
Q1 2024 50 378 8 599 — —
Q4 2023 10 000 — — —
Q3 2023 12 500 409 — —
Q2 2023 — — — —
Q1 2023 — — — —
Q4 2022 — 523 — —
Q3 2022 1 866 080 310 451 — —
Q2 2022 3 776 402 662 378 — —
Q1 2022 198 672 — — —

Financials by year

2020 – 2025
Revenue, € thousand 2025: 8 239 484 € · +35 324.9% vs 2024 · industry median 13 620 € · above 98% of the industry
02 0004 0006 0008 00010 0002020 Company: 0 € Industry median: 10 586 €20202021 Company: 4 083 € Industry median: 11 162 €20212022 Company: 6 419 993 € Industry median: 11 792 €20222023 Company: 0 € Industry median: 12 224 €20232024 Company: 23 259 € Industry median: 12 863 €20242025 Company: 8 239 484 € Industry median: 13 620 €202502 0004 0006 0008 00010 0002020 Company: 0 € Industry median: 10 586 €2021 Company: 4 083 € Industry median: 11 162 €20212022 Company: 6 419 993 € Industry median: 11 792 €2023 Company: 0 € Industry median: 12 224 €20232024 Company: 23 259 € Industry median: 12 863 €2025 Company: 8 239 484 € 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, € thousand 2025: 655 047 € · +1 436.0% vs 2024 · industry median 283 € · above 98% of the industry
-50005001 0001 5002 0002 5002020 Company: — Industry median: 175 €20202021 Company: -69 417 € Industry median: 250 €20212022 Company: 2 225 296 € Industry median: 161 €20222023 Company: 3 991 € Industry median: 154 €20232024 Company: -49 029 € Industry median: 256 €20242025 Company: 655 047 € Industry median: 283 €2025-50005001 0001 5002 0002 5002020 Company: — Industry median: 175 €2021 Company: -69 417 € Industry median: 250 €20212022 Company: 2 225 296 € Industry median: 161 €2023 Company: 3 991 € Industry median: 154 €20232024 Company: -49 029 € Industry median: 256 €2025 Company: 655 047 € 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: 8.0 % · +218.7 pp vs the year before · industry median 5.9 % · above 53% of the industry
-2 000-1 500-1 000-50005002020 Company: — Industry median: 5.6 %20202021 Company: -1 700.1 % Industry median: 7.4 %20212022 Company: 34.7 % Industry median: 5.9 %20222023 Company: — Industry median: 5.2 %20232024 Company: -210.8 % Industry median: 5.9 %20242025 Company: 8.0 % Industry median: 5.9 %2025-2 000-1 500-1 000-50005002020 Company: — Industry median: 5.6 %2021 Company: -1 700.1 % Industry median: 7.4 %20212022 Company: 34.7 % Industry median: 5.9 %2023 Company: — Industry median: 5.2 %20232024 Company: -210.8 % Industry median: 5.9 %2025 Company: 8.0 % 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: 4 769 930 € · −32.7% vs 2024
02 0004 0006 0008 0002020 Company: 2 500 €20202021 Company: 4 706 384 €20212022 Company: 2 223 239 €20222023 Company: 2 207 786 €20232024 Company: 7 085 742 €20242025 Company: 4 769 930 €202502 0004 0006 0008 0002020 Company: 2 500 €2021 Company: 4 706 384 €20212022 Company: 2 223 239 €2023 Company: 2 207 786 €20232024 Company: 7 085 742 €2025 Company: 4 769 930 €2025
Equity, € thousand 2025: 2 452 121 € · +36.5% vs 2024
-1 00001 0002 0003 0002020 Company: 2 500 €20202021 Company: -66 917 €20212022 Company: 2 158 379 €20222023 Company: 2 162 370 €20232024 Company: 1 797 074 €20242025 Company: 2 452 121 €2025-1 00001 0002 0003 0002020 Company: 2 500 €2021 Company: -66 917 €20212022 Company: 2 158 379 €2023 Company: 2 162 370 €20232024 Company: 1 797 074 €2025 Company: 2 452 121 €2025
Employees 2025: 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: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 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 8 239 484 655 047 0 4 769 930 2 452 121 0
2024 23 259 -49 029 293 7 085 742 1 797 074 0
2023 0 3 991 0 2 207 786 2 162 370 0
2022 6 419 993 2 225 296 0 2 223 239 2 158 379 0
2021 4 083 -69 417 0 4 706 384 -66 917 0
2020 0 — 0 2 500 2 500 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
8.0 %
Net profit / revenue
Return on equity (ROE)
26.7 %
Net profit / equity
Return on assets (ROA)
13.7 %
Net profit / assets
Equity ratio
51.4 %
Equity / assets
Debt ratio
48.6 %
Liabilities / assets
Current ratio
1.28
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 30 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own 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 · audited e-Äriregister
2020 12 Nov 2019 – 31 Dec 2020 23 Mar 2021 Company’s own e-Äriregister

Board

  • Tomy Saaron
    Board member · since 12 Nov 2019
  • Nasdaq CSD SE
    Keeper of the share register · since 16 Mar 2022

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)

  • 68121Development of building projects Main
Rulings
Number, date Title Deadline State Document
Ä 50132929 / 6
3 Oct 2024
Amendment entry In force
3 Oct 2024
PDF
Ä 50132929 / 5
13 Mar 2024
Amendment under Code of Civil Procedure § 595¹ (1) In force
13 Mar 2024
PDF
Ä 50132929 / 4
31 Jan 2024
Division entry (second, constitutive) In force
31 Jan 2024
PDF
Ä 50132929 / 3
20 Jul 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
20 Jul 2023
PDF
Ä 50132929 / M1
11 Jul 2022
Procedural ruling 25 Jul 2022 In force
11 Jul 2022
PDF
Ä 50132929 / 2
16 Mar 2022
Amendment entry In force
16 Mar 2022
PDF
Ä 50132929
12 Nov 2019
First entry In force
12 Nov 2019
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data