Lehe Apartments OÜ

Active Registry code 16277181 OÜ Tartu linn Registered 23 Jul 2021
Compare

Lehe Apartments OÜ is a OÜ based in Tartu linn, registry code 16277181, status: active. Main activity: Buying and selling of own real estate. According to EMTA, turnover for Q3 2026 was €49 032 with employees.

Turnover
49 032 €
↑ 28.6% vs Q2 2026
State taxes
2 273 €
↓ 95.0% 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 49 032 €
    industry median 15 030 € · companies in the industry: 7 443
  • Revenue · 2025 262 075 €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 8.8 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 49 032 € · +28.6% vs Q2 2026 · industry median 15 030 € · above 73% of the industry
050100150200Q4 2023 Company: 25 965 € Industry median: 14 897 €Q4·23Q1 2024 Company: 29 102 € Industry median: 15 027 €Q2 2024 Company: 37 319 € Industry median: 14 064 €Q2·24Q3 2024 Company: 33 653 € Industry median: 14 462 €Q4 2024 Company: 32 823 € Industry median: 14 610 €Q4·24Q1 2025 Company: 44 205 € Industry median: 14 672 €Q2 2025 Company: 34 259 € Industry median: 14 301 €Q2·25Q3 2025 Company: 172 862 € Industry median: 14 273 €Q4 2025 Company: 27 940 € Industry median: 14 464 €Q4·25Q1 2026 Company: 31 883 € Industry median: 14 759 €Q2 2026 Company: 38 135 € Industry median: 14 595 €Q2·26Q3 2026 Company: 49 032 € Industry median: 15 030 €Q3·26050100150200Q4 2024 Company: 32 823 € Industry median: 14 610 €Q1 2025 Company: 44 205 € Industry median: 14 672 €Q1·25Q2 2025 Company: 34 259 € Industry median: 14 301 €Q3 2025 Company: 172 862 € Industry median: 14 273 €Q3·25Q4 2025 Company: 27 940 € Industry median: 14 464 €Q1 2026 Company: 31 883 € Industry median: 14 759 €Q1·26Q2 2026 Company: 38 135 € Industry median: 14 595 €Q3 2026 Company: 49 032 € 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: 2 273 € · −95.0% vs Q2 2026
010 00020 00030 00040 00050 000Q4 2023 Company: 4 733 €Q4·23Q1 2024 Company: 9 760 €Q2 2024 Company: 18 960 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 6 424 €Q2·25Q3 2025 Company: 9 299 €Q4 2025 Company: 6 670 €Q4·25Q1 2026 Company: 6 868 €Q2 2026 Company: 45 541 €Q2·26Q3 2026 Company: 2 273 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 0 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 6 424 €Q3 2025 Company: 9 299 €Q3·25Q4 2025 Company: 6 670 €Q1 2026 Company: 6 868 €Q1·26Q2 2026 Company: 45 541 €Q3 2026 Company: 2 273 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 49 032 2 273 — —
Q2 2026 38 135 45 541 — —
Q1 2026 31 883 6 868 — —
Q4 2025 27 940 6 670 — —
Q3 2025 172 862 9 299 — —
Q2 2025 34 259 6 424 — —
Q1 2025 44 205 — — —
Q4 2024 32 823 — — —
Q3 2024 33 653 — — —
Q2 2024 37 319 18 960 24 —
Q1 2024 29 102 9 760 — —
Q4 2023 25 965 4 733 — —
Q3 2023 21 181 6 001 — —
Q2 2023 147 989 15 750 — —
Q1 2023 261 667 5 445 — —
Q4 2022 183 429 — — —
Q3 2022 751 867 7 801 — —
Q2 2022 108 604 9 074 — —
Q1 2022 54 104 2 264 — —

Financials by year

2022 – 2025
Revenue, € thousand 2025: 262 075 € · +80.7% vs 2024 · industry median 13 620 € · above 93% of the industry
02505007501 0001 2502022 Company: 1 121 838 € Industry median: 11 789 €20222023 Company: 706 753 € Industry median: 12 224 €20232024 Company: 145 000 € Industry median: 12 853 €20242025 Company: 262 075 € Industry median: 13 620 €202502505007501 0001 2502022 Company: 1 121 838 € Industry median: 11 789 €2023 Company: 706 753 € Industry median: 12 224 €20232024 Company: 145 000 € Industry median: 12 853 €2025 Company: 262 075 € 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: 23 067 € · −24.9% vs 2024 · industry median 283 € · above 86% of the industry
0501001502002022 Company: 187 059 € Industry median: 161 €20222023 Company: 158 288 € Industry median: 154 €20232024 Company: 30 698 € Industry median: 256 €20242025 Company: 23 067 € Industry median: 283 €20250501001502002022 Company: 187 059 € Industry median: 161 €2023 Company: 158 288 € Industry median: 154 €20232024 Company: 30 698 € Industry median: 256 €2025 Company: 23 067 € 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: 8.8 % · −12.4 pp vs the year before · industry median 5.9 % · above 54% of the industry
05101520252022 Company: 16.7 % Industry median: 5.9 %20222023 Company: 22.4 % Industry median: 5.2 %20232024 Company: 21.2 % Industry median: 5.9 %20242025 Company: 8.8 % Industry median: 5.9 %202505101520252022 Company: 16.7 % Industry median: 5.9 %2023 Company: 22.4 % Industry median: 5.2 %20232024 Company: 21.2 % Industry median: 5.9 %2025 Company: 8.8 % 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: 1 363 240 € · −2.8% vs 2024
05001 0001 5002022 Company: 963 043 €20222023 Company: 1 274 741 €20232024 Company: 1 402 546 €20242025 Company: 1 363 240 €202505001 0001 5002022 Company: 963 043 €2023 Company: 1 274 741 €20232024 Company: 1 402 546 €2025 Company: 1 363 240 €2025
Equity, € thousand 2025: 401 612 € · +6.1% vs 2024
01002003004005002022 Company: 189 559 €20222023 Company: 347 847 €20232024 Company: 378 545 €20242025 Company: 401 612 €202501002003004005002022 Company: 189 559 €2023 Company: 347 847 €20232024 Company: 378 545 €2025 Company: 401 612 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02022 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 262 075 23 067 0 1 363 240 401 612 0
2024 145 000 30 698 0 1 402 546 378 545 0
2023 706 753 158 288 0 1 274 741 347 847 0
2022 1 121 838 187 059 0 963 043 189 559 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
8.8 %
Net profit / revenue
Return on equity (ROE)
5.7 %
Net profit / equity
Return on assets (ROA)
1.7 %
Net profit / assets
Equity ratio
29.5 %
Equity / assets
Debt ratio
70.5 %
Liabilities / assets
Current ratio
0.62
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 9 Sep 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 21 Jul 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 17 Aug 2024 Company’s own e-Äriregister
2022 23 Jul 2021 – 31 Dec 2022 17 Aug 2023 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

Owner in

Beneficial owners

  • Tiit Blank
    Member of a senior management body (management or supervisory board) · since 30 May 2024
  • Üllar Hansen
    Indirect ownership · since 23 Jul 2021

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68111Buying and selling of own real estate Main
  • 55204Visitor flats
  • 68201Rental and operating of own or leased real estate
Rulings
Number, date Title Deadline State Document
Ä 50178999 / M1
18 Jul 2024
Warning of a fine: annual report not filed 17 Aug 2024 Deficiencies eliminated
18 Aug 2024
PDF
Ä 50178999 / 2
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50178999
23 Jul 2021
First entry In force
23 Jul 2021
PDF

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