Tammsaare Arenduse OÜ

Active Registry code 14869993 OÜ Tallinn Registered 16 Dec 2019
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Tammsaare Arenduse OÜ is a OÜ based in Tallinn, registry code 14869993, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €654 069 with employees.

Turnover
654 069 €
↑ 24.5% vs Q2 2026
State taxes
112 589 €
↑ 16.1% 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 654 069 €
    industry median 15 030 € · companies in the industry: 7 443
  • Revenue · 2025 1.8 mn €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 53.2 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 654 069 € · +24.5% vs Q2 2026 · industry median 15 030 € · above 98% of the industry
0200400600800Q4 2023 Company: 415 992 € Industry median: 14 897 €Q4·23Q1 2024 Company: 483 348 € Industry median: 15 027 €Q2 2024 Company: 490 408 € Industry median: 14 064 €Q2·24Q3 2024 Company: 527 317 € Industry median: 14 462 €Q4 2024 Company: 543 187 € Industry median: 14 610 €Q4·24Q1 2025 Company: 556 099 € Industry median: 14 672 €Q2 2025 Company: 542 094 € Industry median: 14 301 €Q2·25Q3 2025 Company: 586 665 € Industry median: 14 273 €Q4 2025 Company: 551 119 € Industry median: 14 464 €Q4·25Q1 2026 Company: 556 435 € Industry median: 14 759 €Q2 2026 Company: 525 393 € Industry median: 14 595 €Q2·26Q3 2026 Company: 654 069 € Industry median: 15 030 €Q3·260200400600800Q4 2024 Company: 543 187 € Industry median: 14 610 €Q1 2025 Company: 556 099 € Industry median: 14 672 €Q1·25Q2 2025 Company: 542 094 € Industry median: 14 301 €Q3 2025 Company: 586 665 € Industry median: 14 273 €Q3·25Q4 2025 Company: 551 119 € Industry median: 14 464 €Q1 2026 Company: 556 435 € Industry median: 14 759 €Q1·26Q2 2026 Company: 525 393 € Industry median: 14 595 €Q3 2026 Company: 654 069 € 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 Q3 2026: 112 589 € · +16.1% vs Q2 2026
0255075100125Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 50 729 €Q2·24Q3 2024 Company: 79 232 €Q4 2024 Company: 69 128 €Q4·24Q1 2025 Company: 101 024 €Q2 2025 Company: 95 042 €Q2·25Q3 2025 Company: 105 787 €Q4 2025 Company: 112 111 €Q4·25Q1 2026 Company: 105 057 €Q2 2026 Company: 96 997 €Q2·26Q3 2026 Company: 112 589 €Q3·260255075100125Q4 2024 Company: 69 128 €Q1 2025 Company: 101 024 €Q1·25Q2 2025 Company: 95 042 €Q3 2025 Company: 105 787 €Q3·25Q4 2025 Company: 112 111 €Q1 2026 Company: 105 057 €Q1·26Q2 2026 Company: 96 997 €Q3 2026 Company: 112 589 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 654 069 112 589 — —
Q2 2026 525 393 96 997 — —
Q1 2026 556 435 105 057 — —
Q4 2025 551 119 112 111 — —
Q3 2025 586 665 105 787 — —
Q2 2025 542 094 95 042 — —
Q1 2025 556 099 101 024 — —
Q4 2024 543 187 69 128 — —
Q3 2024 527 317 79 232 — —
Q2 2024 490 408 50 729 — —
Q1 2024 483 348 — — —
Q4 2023 415 992 — — —
Q3 2023 520 282 — — —
Q2 2023 195 265 — — —
Q1 2023 70 325 — — —
Q4 2022 159 917 — — —
Q3 2022 4 891 — — —
Q2 2022 18 465 — — —
Q1 2022 8 894 — — —

Financials by year

2020 – 2025
Revenue, € thousand 2025: 1 818 481 € · +9.8% vs 2024 · industry median 13 620 € · above 98% of the industry
05001 0001 5002 0002020 Company: — Industry median: 10 586 €20202021 Company: 300 € Industry median: 11 162 €20212022 Company: 138 087 € Industry median: 11 789 €20222023 Company: 1 021 078 € Industry median: 12 224 €20232024 Company: 1 655 607 € Industry median: 12 853 €20242025 Company: 1 818 481 € Industry median: 13 620 €202505001 0001 5002 0002020 Company: — Industry median: 10 586 €2021 Company: 300 € Industry median: 11 162 €20212022 Company: 138 087 € Industry median: 11 789 €2023 Company: 1 021 078 € Industry median: 12 224 €20232024 Company: 1 655 607 € Industry median: 12 853 €2025 Company: 1 818 481 € 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: 967 753 € · +659.6% vs 2024 · industry median 283 € · above 98% of the industry
-2 00002 0004 0006 0008 0002020 Company: -230 555 € Industry median: 175 €20202021 Company: -384 702 € Industry median: 251 €20212022 Company: 7 637 252 € Industry median: 161 €20222023 Company: -515 342 € Industry median: 154 €20232024 Company: -172 936 € Industry median: 256 €20242025 Company: 967 753 € Industry median: 283 €2025-2 00002 0004 0006 0008 0002020 Company: -230 555 € Industry median: 175 €2021 Company: -384 702 € Industry median: 251 €20212022 Company: 7 637 252 € Industry median: 161 €2023 Company: -515 342 € Industry median: 154 €20232024 Company: -172 936 € Industry median: 256 €2025 Company: 967 753 € 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: 53.2 % · +63.7 pp vs the year before · industry median 5.9 % · above 80% of the industry
-2 00002 0004 0006 0002020 Company: — Industry median: 5.6 %20202021 Company: — Industry median: 7.4 %20212022 Company: 5 530.8 % Industry median: 5.9 %20222023 Company: -50.5 % Industry median: 5.2 %20232024 Company: -10.4 % Industry median: 5.9 %20242025 Company: 53.2 % Industry median: 5.9 %2025-2 00002 0004 0006 0002020 Company: — Industry median: 5.6 %2021 Company: — Industry median: 7.4 %20212022 Company: 5 530.8 % Industry median: 5.9 %2023 Company: -50.5 % Industry median: 5.2 %20232024 Company: -10.4 % Industry median: 5.9 %2025 Company: 53.2 % 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: 28 538 345 € · +2.6% vs 2024
010 00020 00030 0002020 Company: 2 310 406 €20202021 Company: 3 158 939 €20212022 Company: 21 449 585 €20222023 Company: 27 385 752 €20232024 Company: 27 824 112 €20242025 Company: 28 538 345 €2025010 00020 00030 0002020 Company: 2 310 406 €2021 Company: 3 158 939 €20212022 Company: 21 449 585 €2023 Company: 27 385 752 €20232024 Company: 27 824 112 €2025 Company: 28 538 345 €2025
Equity, € thousand 2025: 7 523 970 € · +14.8% vs 2024
-2 00002 0004 0006 0008 0002020 Company: -8 055 €20202021 Company: -392 757 €20212022 Company: 7 244 495 €20222023 Company: 6 729 153 €20232024 Company: 6 556 217 €20242025 Company: 7 523 970 €2025-2 00002 0004 0006 0008 0002020 Company: -8 055 €2021 Company: -392 757 €20212022 Company: 7 244 495 €2023 Company: 6 729 153 €20232024 Company: 6 556 217 €2025 Company: 7 523 970 €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, € Assets, € Equity, € Employees
2025 1 818 481 967 753 28 538 345 7 523 970 0
2024 1 655 607 -172 936 27 824 112 6 556 217 0
2023 1 021 078 -515 342 27 385 752 6 729 153 0
2022 138 087 7 637 252 21 449 585 7 244 495 0
2021 300 -384 702 3 158 939 -392 757 0
2020 — -230 555 2 310 406 -8 055 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
53.2 %
Net profit / revenue
Return on equity (ROE)
12.9 %
Net profit / equity
Return on assets (ROA)
3.4 %
Net profit / assets
Equity ratio
26.4 %
Equity / assets
Debt ratio
73.6 %
Liabilities / assets
Current ratio
1.54
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 28 Jun 2024 Company’s own · audited 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 16 Dec 2019 – 31 Dec 2020 30 Jun 2021 Company’s own e-Äriregister

Board

  • Andreas Laane
    Board member · since 17 Jul 2023
  • Tõnis Sõõrumaa
    Board member · since 17 Jul 2023
  • Nasdaq CSD SE
    Keeper of the share register · since 12 Apr 2023

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)

  • 68201Rental and operating of own or leased real estate Main
Rulings
Number, date Title Deadline State Document
Ä 50135373 / 9
17 Jul 2023
Amendment entry In force
17 Jul 2023
PDF
Ä 50135373 / 8
11 Jul 2023
Amendment entry In force
11 Jul 2023
PDF
Ä 50135373 / 7
17 May 2023
Amendment entry In force
17 May 2023
PDF
Ä 50135373 / 6
17 May 2023
Amendment entry In force
17 May 2023
PDF
Ä 50135373 / 5
12 Apr 2023
Amendment entry In force
12 Apr 2023
PDF
Ä 50135373 / 4
14 Oct 2021
Amendment entry In force
14 Oct 2021
PDF
Ä 50135373 / 3
28 Dec 2020
Amendment entry In force
28 Dec 2020
PDF
Ä 50135373 / 2
4 Jun 2020
Amendment entry In force
4 Jun 2020
PDF
Ä 50135373
16 Dec 2019
First entry In force
16 Dec 2019
PDF

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