Teine arendus OÜ

Active Registry code 16120580 OÜ Tallinn Registered 14 Dec 2020
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Teine arendus OÜ is a OÜ based in Tallinn, registry code 16120580, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €208 327 with employees.

Turnover
208 327 €
↓ 0.7% vs Q2 2026
State taxes
46 108 €
↑ 2.5% 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 208 327 €
    industry median 15 030 € · companies in the industry: 7 443
  • Revenue · 2025 520 833 €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 1 094.9 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 208 327 € · −0.7% vs Q2 2026 · industry median 15 030 € · above 90% of the industry
050100150200250Q4 2023 Company: 117 579 € Industry median: 14 897 €Q4·23Q1 2024 Company: 129 964 € Industry median: 15 027 €Q2 2024 Company: 129 698 € Industry median: 14 064 €Q2·24Q3 2024 Company: 128 653 € Industry median: 14 462 €Q4 2024 Company: 167 465 € Industry median: 14 610 €Q4·24Q1 2025 Company: 133 098 € Industry median: 14 672 €Q2 2025 Company: 125 884 € Industry median: 14 301 €Q2·25Q3 2025 Company: 159 837 € Industry median: 14 273 €Q4 2025 Company: 132 030 € Industry median: 14 464 €Q4·25Q1 2026 Company: 160 113 € Industry median: 14 759 €Q2 2026 Company: 209 740 € Industry median: 14 595 €Q2·26Q3 2026 Company: 208 327 € Industry median: 15 030 €Q3·26050100150200250Q4 2024 Company: 167 465 € Industry median: 14 610 €Q1 2025 Company: 133 098 € Industry median: 14 672 €Q1·25Q2 2025 Company: 125 884 € Industry median: 14 301 €Q3 2025 Company: 159 837 € Industry median: 14 273 €Q3·25Q4 2025 Company: 132 030 € Industry median: 14 464 €Q1 2026 Company: 160 113 € Industry median: 14 759 €Q1·26Q2 2026 Company: 209 740 € Industry median: 14 595 €Q3 2026 Company: 208 327 € 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, € Q3 2026: 46 108 € · +2.5% vs Q2 2026
010 00020 00030 00040 00050 000Q4 2023 Company: 36 585 €Q4·23Q1 2024 Company: 18 320 €Q2 2024 Company: 33 320 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 25 133 €Q4·24Q1 2025 Company: 38 672 €Q2 2025 Company: 20 860 €Q2·25Q3 2025 Company: 30 931 €Q4 2025 Company: 41 856 €Q4·25Q1 2026 Company: 46 914 €Q2 2026 Company: 44 986 €Q2·26Q3 2026 Company: 46 108 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 25 133 €Q1 2025 Company: 38 672 €Q1·25Q2 2025 Company: 20 860 €Q3 2025 Company: 30 931 €Q3·25Q4 2025 Company: 41 856 €Q1 2026 Company: 46 914 €Q1·26Q2 2026 Company: 44 986 €Q3 2026 Company: 46 108 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 208 327 46 108 — —
Q2 2026 209 740 44 986 — —
Q1 2026 160 113 46 914 — —
Q4 2025 132 030 41 856 — —
Q3 2025 159 837 30 931 — —
Q2 2025 125 884 20 860 — —
Q1 2025 133 098 38 672 — —
Q4 2024 167 465 25 133 — —
Q3 2024 128 653 — — —
Q2 2024 129 698 33 320 — —
Q1 2024 129 964 18 320 — —
Q4 2023 117 579 36 585 — —
Q3 2023 111 970 15 546 — —
Q2 2023 113 362 20 152 — —
Q1 2023 120 166 38 145 — —
Q4 2022 120 640 39 000 — —
Q3 2022 113 785 19 699 — —
Q2 2022 119 105 20 562 — —
Q1 2022 126 548 37 944 — —

Financials by year

2021 – 2025
Revenue, € thousand 2025: 520 833 € · −6.7% vs 2024 · industry median 13 620 € · above 98% of the industry
02004006002021 Company: 147 053 € Industry median: 11 162 €20212022 Company: 478 454 € Industry median: 11 789 €20222023 Company: 466 998 € Industry median: 12 224 €20232024 Company: 558 073 € Industry median: 12 853 €20242025 Company: 520 833 € Industry median: 13 620 €202502004006002021 Company: 147 053 € Industry median: 11 162 €20212022 Company: 478 454 € Industry median: 11 789 €2023 Company: 466 998 € Industry median: 12 224 €20232024 Company: 558 073 € Industry median: 12 853 €2025 Company: 520 833 € 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: 5 702 522 € · +1 085.4% vs 2024 · industry median 283 € · above 98% of the industry
-2 00002 0004 0006 0002021 Company: -209 811 € Industry median: 251 €20212022 Company: -432 142 € Industry median: 161 €20222023 Company: -575 541 € Industry median: 154 €20232024 Company: -578 678 € Industry median: 256 €20242025 Company: 5 702 522 € Industry median: 283 €2025-2 00002 0004 0006 0002021 Company: -209 811 € Industry median: 251 €20212022 Company: -432 142 € Industry median: 161 €2023 Company: -575 541 € Industry median: 154 €20232024 Company: -578 678 € Industry median: 256 €2025 Company: 5 702 522 € 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: 1 094.9 % · +1 198.6 pp vs the year before · industry median 5.9 % · above 98% of the industry
-25002505007501 0001 2502021 Company: -142.7 % Industry median: 7.4 %20212022 Company: -90.3 % Industry median: 5.9 %20222023 Company: -123.2 % Industry median: 5.2 %20232024 Company: -103.7 % Industry median: 5.9 %20242025 Company: 1 094.9 % Industry median: 5.9 %2025-25002505007501 0001 2502021 Company: -142.7 % Industry median: 7.4 %20212022 Company: -90.3 % Industry median: 5.9 %2023 Company: -123.2 % Industry median: 5.2 %20232024 Company: -103.7 % Industry median: 5.9 %2025 Company: 1 094.9 % 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: 24 864 969 € · +34.2% vs 2024
05 00010 00015 00020 00025 0002021 Company: 18 274 395 €20212022 Company: 18 271 086 €20222023 Company: 18 289 144 €20232024 Company: 18 524 765 €20242025 Company: 24 864 969 €202505 00010 00015 00020 00025 0002021 Company: 18 274 395 €20212022 Company: 18 271 086 €2023 Company: 18 289 144 €20232024 Company: 18 524 765 €2025 Company: 24 864 969 €2025
Equity, € thousand 2025: 3 909 350 € · +318.0% vs 2024
-2 00002 0004 0002021 Company: -206 811 €20212022 Company: -638 953 €20222023 Company: -1 214 494 €20232024 Company: -1 793 172 €20242025 Company: 3 909 350 €2025-2 00002 0004 0002021 Company: -206 811 €20212022 Company: -638 953 €2023 Company: -1 214 494 €20232024 Company: -1 793 172 €2025 Company: 3 909 350 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02021 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 520 833 5 702 522 0 24 864 969 3 909 350 0
2024 558 073 -578 678 0 18 524 765 -1 793 172 0
2023 466 998 -575 541 0 18 289 144 -1 214 494 0
2022 478 454 -432 142 0 18 271 086 -638 953 0
2021 147 053 -209 811 0 18 274 395 -206 811 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
1 094.9 %
Net profit / revenue
Return on equity (ROE)
145.9 %
Net profit / equity
Return on assets (ROA)
22.9 %
Net profit / assets
Equity ratio
15.7 %
Equity / assets
Debt ratio
84.3 %
Liabilities / assets
Current ratio
0.01
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 29 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 17 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 17 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 14 Dec 2020 – 31 Dec 2021 8 Jul 2022 Company’s own · audited 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
Rulings
Number, date Title Deadline State Document
Ä 50162294 / 5
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50162294 / 4
14 Jun 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
14 Jun 2023
PDF
Ä 50162294 / 3
2 Dec 2021
Amendment entry In force
2 Dec 2021
PDF
Ä 50162294 / 2
6 Sep 2021
Amendment under Commercial Code § 525 (2) In force
6 Sep 2021
PDF
Ä 50162294
14 Dec 2020
First entry In force
14 Dec 2020
PDF

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