SIRIN Development OÜ is a OÜ based in Tallinn, registry code 16299981, status: active. Main activity: Development of building projects. According to EMTA, turnover for Q3 2026 was €60 796 with 2 employees.
Turnover
60 796 €
↑ 69.6%vs Q2 2026
State taxes
20 685 €
↑ 319.5%vs Q2 2026
Labour taxes
13 525 €
↑ 146.1%vs Q2 2026
Employees
2
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Real estate activities · EMTAK 68
Turnover · Q3 202660 796 €
above 76% of companies
industry median 15 029 € · companies in the industry: 7 444
Labour taxes per employee6 763 €
above 98% of companies
industry median 857 € · companies in the industry: 7 261
Revenue · 2025154 620 €
above 91% of companies
industry median 13 620 € · companies in the industry: 30 470
Net profit margin · 2025-93.5 %
above 5% of companies
industry median 5.9 % · companies in the industry: 25 042
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 60 796 € · +69.6% vs Q2 2026 · industry median 15 029 € · above 76% of the industry
Company
Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 6 763 € · +146.1% vs Q2 2026 · industry median 857 € · above 98% of the industry
Company
Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Revenue, € thousand 2025: 154 620 € · −56.4% vs 2024 · industry median 13 620 € · above 91% of the industry
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: -144 605 € · −635.1% vs 2024 · industry median 283 € · above 2% of the industry
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: -93.5 % · −88.0 pp vs the year before · industry median 5.9 % · above 5% of the industry
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: 95 713 € · −78.0% vs 2024Equity, € thousand 2025: 63 597 € · +115.1% vs 2024Employees2025: 2 · −33.3% vs 2024 · industry median 1 · above 70% of the industry
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
154 620
-144 605
122 793
95 713
63 597
2
2024
354 303
-19 672
207 198
436 049
-421 799
3
2023
—
-224 791
98 082
6 840
-402 127
1
2022
—
-179 836
97 650
4 251
-177 336
1
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
-93.5 %
Net profit / revenue
Return on equity (ROE)
-227.4 %
Net profit / equity
Return on assets (ROA)
-151.1 %
Net profit / assets
Equity ratio
66.4 %
Equity / assets
Debt ratio
33.6 %
Liabilities / assets
Current ratio
1.18
Current assets / current liabilities
Revenue per employee
77 310 €
Revenue / average full-time employees
Labour cost per employee per month
5 116 €
Labour costs / employees / 12 months (incl. employer taxes)
