Norman Kinnisvara OÜ

Active Registry code 14979884 OÜ Tallinn Registered 28 May 2020
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Norman Kinnisvara OÜ is a OÜ based in Tallinn, registry code 14979884, status: active. Main activity: Rental and operating of own or leased real estate. Its annual report for 2025 shows revenue of €39 416 and 0 employees.

Turnover
—
State taxes
93 €
Labour taxes
0 €
Employees
—

Q1 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Real estate activities · EMTAK 68

  • Revenue · 2025 39 416 €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 54.2 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q2 2024 – Q1 2026
State taxes, € Q1 2026: 93 € · +10.7% vs Q1 2025
01 0002 0003 0004 0005 000Q2 2024 Company: 4 378 €Q2·24Q1 2025 Company: 84 €Q1·25Q1 2026 Company: 93 €Q1·2601 0002 0003 0004 0005 000Q2 2024 Company: 4 378 €Q2·24Q1 2025 Company: 84 €Q1 2026 Company: 93 €Q1·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q1 2026 — 93 — —
Q1 2025 — 84 — —
Q2 2024 — 4 378 — —

Financials by year

2020 – 2025
Revenue, € 2025: 39 416 € · +58.7% vs 2024 · industry median 13 620 € · above 75% of the industry
010 00020 00030 00040 0002020 Company: 7 568 € Industry median: 10 586 €20202021 Company: 20 694 € Industry median: 11 162 €20212022 Company: 25 354 € Industry median: 11 789 €20222023 Company: 21 427 € Industry median: 12 224 €20232024 Company: 24 833 € Industry median: 12 853 €20242025 Company: 39 416 € Industry median: 13 620 €2025010 00020 00030 00040 0002020 Company: 7 568 € Industry median: 10 586 €2021 Company: 20 694 € Industry median: 11 162 €20212022 Company: 25 354 € Industry median: 11 789 €2023 Company: 21 427 € Industry median: 12 224 €20232024 Company: 24 833 € Industry median: 12 853 €2025 Company: 39 416 € 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, € 2025: 21 369 € · +21.0% vs 2024 · industry median 283 € · above 86% of the industry
05 00010 00015 00020 00025 0002020 Company: 6 317 € Industry median: 175 €20202021 Company: 16 515 € Industry median: 251 €20212022 Company: 20 223 € Industry median: 161 €20222023 Company: 5 972 € Industry median: 154 €20232024 Company: 17 656 € Industry median: 256 €20242025 Company: 21 369 € Industry median: 283 €202505 00010 00015 00020 00025 0002020 Company: 6 317 € Industry median: 175 €2021 Company: 16 515 € Industry median: 251 €20212022 Company: 20 223 € Industry median: 161 €2023 Company: 5 972 € Industry median: 154 €20232024 Company: 17 656 € Industry median: 256 €2025 Company: 21 369 € 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: 54.2 % · −16.9 pp vs the year before · industry median 5.9 % · above 81% of the industry
0204060801002020 Company: 83.5 % Industry median: 5.6 %20202021 Company: 79.8 % Industry median: 7.4 %20212022 Company: 79.8 % Industry median: 5.9 %20222023 Company: 27.9 % Industry median: 5.2 %20232024 Company: 71.1 % Industry median: 5.9 %20242025 Company: 54.2 % Industry median: 5.9 %20250204060801002020 Company: 83.5 % Industry median: 5.6 %2021 Company: 79.8 % Industry median: 7.4 %20212022 Company: 79.8 % Industry median: 5.9 %2023 Company: 27.9 % Industry median: 5.2 %20232024 Company: 71.1 % Industry median: 5.9 %2025 Company: 54.2 % 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: 129 694 € · +13.6% vs 2024
0501001502020 Company: 10 181 €20202021 Company: 27 019 €20212022 Company: 47 350 €20222023 Company: 39 552 €20232024 Company: 114 184 €20242025 Company: 129 694 €20250501001502020 Company: 10 181 €2021 Company: 27 019 €20212022 Company: 47 350 €2023 Company: 39 552 €20232024 Company: 114 184 €2025 Company: 129 694 €2025
Equity, € 2025: 73 252 € · +41.2% vs 2024
020 00040 00060 00080 0002020 Company: 8 817 €20202021 Company: 25 332 €20212022 Company: 45 555 €20222023 Company: 34 227 €20232024 Company: 51 883 €20242025 Company: 73 252 €2025020 00040 00060 00080 0002020 Company: 8 817 €2021 Company: 25 332 €20212022 Company: 45 555 €2023 Company: 34 227 €20232024 Company: 51 883 €2025 Company: 73 252 €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 39 416 21 369 0 129 694 73 252 0
2024 24 833 17 656 0 114 184 51 883 0
2023 21 427 5 972 0 39 552 34 227 0
2022 25 354 20 223 0 47 350 45 555 0
2021 20 694 16 515 0 27 019 25 332 0
2020 7 568 6 317 0 10 181 8 817 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
54.2 %
Net profit / revenue
Return on equity (ROE)
29.2 %
Net profit / equity
Return on assets (ROA)
16.5 %
Net profit / assets
Equity ratio
56.5 %
Equity / assets
Debt ratio
43.5 %
Liabilities / assets
Current ratio
1.31
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 18 Aug 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 18 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 6 Apr 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 28 Mar 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 29 Mar 2022 Company’s own e-Äriregister
2020 28 May 2020 – 31 Dec 2020 29 Mar 2022 Company’s own e-Äriregister

Board

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
  • 41001Construction of residential and non-residential buildings
Rulings
Number, date Title Deadline State Document
Ä 50147126 / 3
21 May 2024
Amendment entry In force
21 May 2024
PDF
Ä 50147126 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50147126 / M2
11 Mar 2022
Warning of a fine: annual report not filed 10 Apr 2022 Deficiencies eliminated
11 Apr 2022
PDF
Ä 50147126
28 May 2020
First entry In force
28 May 2020
PDF
Ä 50147126 / M1
27 May 2020
Ruling to eliminate deficiencies 16 Jun 2020 Deficiencies eliminated
28 May 2020
PDF

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