NORAL Arendus OÜ
NORAL Arendus OÜ is a OÜ based in Tallinn, registry code 14926865, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €45 500 with employees.
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 45 500 €above 71% of companiesindustry median 15 030 € · companies in the industry: 7 443
- Revenue · 2025 9 260 €above 42% of companiesindustry median 13 620 € · companies in the industry: 30 471
- Net profit margin · 2025 2 059.0 %above 98% of companiesindustry median 5.9 % · companies in the industry: 25 043
Taxes and turnover
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 45 500 | 2 589 | — | — |
| Q2 2026 | — | — | — | — |
| Q1 2026 | — | 788 | — | — |
| Q4 2025 | — | — | — | — |
| Q3 2025 | — | — | — | — |
| Q2 2025 | — | — | — | — |
| Q1 2025 | 96 400 | — | — | — |
| Q4 2024 | — | 434 | — | — |
| Q3 2024 | 82 246 | 803 | — | — |
| Q2 2024 | 4 954 | 1 499 | — | — |
| Q1 2024 | 2 641 | 579 | — | — |
| Q4 2023 | — | 336 | — | — |
| Q3 2023 | 2 797 | — | — | — |
| Q2 2023 | — | 761 | — | — |
| Q1 2023 | 4 511 | — | — | — |
| Q4 2022 | 1 649 | 591 | — | — |
| Q3 2022 | 1 540 | 308 | — | — |
| Q2 2022 | 2 913 | 125 | — | — |
| Q1 2022 | — | 354 | — | — |
Financials by year
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 9 260 | 190 668 | 0 | 2 916 029 | 1 516 233 | 0 |
| 2024 | 892 093 | 619 581 | 0 | 2 183 830 | 1 325 565 | 0 |
| 2023 | 203 034 | 121 655 | 0 | 1 189 291 | 705 983 | 0 |
| 2022 | 51 324 | 181 907 | 0 | 997 141 | 584 329 | 0 |
| 2021 | 656 128 | 48 828 | 0 | 818 230 | 402 422 | 0 |
| 2020 | 663 900 | 351 094 | 0 | 386 871 | 353 594 | 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
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 18 Jul 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Jul 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 17 Jul 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 27 Jul 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 30 Dec 2022 | Company’s own | e-Äriregister |
| 2020 | 3 Mar 2020 – 31 Dec 2020 | 28 Jun 2021 | Company’s own | e-Äriregister |
Board
- Priit MändmaaBoard member · since 3 Mar 2020
- Rauno UuskülaBoard member · since 9 Oct 2026
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- NORAL Kinnisvara OÜLegal person · 14066818 · 1 250 €
- OÜ Lakshmi ValdusLegal person · 14926089 · 1 250 €
Owner in
- 100%
- 100%
- 100%
Beneficial owners
- Freta UuskülaIndirect ownership · since 13 May 2021
- Priit MändmaaMember of a senior management body (management or supervisory board) · since 3 Mar 2020
Founders and other persons
- NORAL Kinnisvara OÜFounder · 1 250 € · 2 Mar 2020
- OÜ Lakshmi ValdusFounder · 1 250 € · 2 Mar 2020
Related companies
Activities (EMTAK)
- 68201Rental and operating of own or leased real estate Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50141506 / 6 9 Oct 2026 |
Amendment entry | In force 9 Oct 2026 |
||
| Ä 50141506 / M1 16 Jul 2024 |
Warning of a fine: annual report not filed | 15 Aug 2024 | Deficiencies eliminated 19 Jul 2024 |
|
| Ä 50141506 / 5 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 50141506 / 4 7 Sep 2022 |
Amendment under Commercial Code § 525 (2) | In force 7 Sep 2022 |
||
| Ä 50141506 / 3 9 Jun 2021 |
Amendment entry | In force 9 Jun 2021 |
||
| Ä 50141506 / 2 18 Mar 2020 |
Amendment entry | In force 18 Mar 2020 |
||
| Ä 50141506 3 Mar 2020 |
First entry | In force 3 Mar 2020 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data