Luise 17 Apartments OÜ is a OÜ based in Tallinn, registry code 16357885, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €52 987 with 2 employees.
Turnover
52 987 €
↑ 68.6%vs Q2 2026
State taxes
7 439 €
↑ 37.8%vs Q2 2026
Labour taxes
2 835 €
↓ 2.6%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 202652 987 €
above 74% of companies
industry median 15 030 € · companies in the industry: 7 443
Labour taxes per employee1 418 €
above 75% of companies
industry median 857 € · companies in the industry: 7 261
Revenue · 202593 887 €
above 87% of companies
industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 202510.5 %
above 56% of companies
industry median 5.9 % · companies in the industry: 25 043
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 52 987 € · +68.6% vs Q2 2026 · industry median 15 030 € · above 74% 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: 1 418 € · −2.6% vs Q2 2026 · industry median 857 € · above 75% 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.
EmployeesQ3 2026: 2 · +0.0% vs Q2 2026State taxes, € Q3 2026: 7 439 € · +37.8% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
52 987
7 439
2 835
2
Q2 2026
31 419
5 397
2 910
2
Q1 2026
39 481
4 788
3 117
2
Q4 2025
35 006
3 640
884
2
Q3 2025
50 740
5 837
2 511
2
Q2 2025
16 925
2 942
2 430
2
Q1 2025
—
1 993
2 175
2
Q4 2024
4 113
1 757
1 621
2
Q3 2024
6 686
2 378
2 216
2
Q2 2024
22 291
2 079
2 386
2
Q1 2024
45 566
—
1 755
3
Q4 2023
44 507
1 819
1 205
2
Q3 2023
51 096
—
1 292
1
Q2 2023
49 335
—
1 083
1
Q1 2023
54 493
1 668
1 492
1
Q4 2022
57 935
662
741
2
Q3 2022
67 825
—
965
1
Q2 2022
12 373
691
772
1
Q1 2022
—
532
594
1
Labour taxes per employee per month
473 €
Turnover per employee in the quarter
26 494 €
Q3 2026 · calculated from EMTA data
Financials by year
2022 – 2025
Revenue, € thousand 2025: 93 887 € · +100.3% vs 2024 · industry median 13 620 € · above 87% 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, € 2025: 9 843 € · +166.5% vs 2024 · industry median 283 € · above 80% 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: 10.5 % · +42.0 pp vs the year before · industry median 5.9 % · above 56% 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: 96 172 € · −8.2% vs 2024Equity, € 2025: 9 937 € · +10 471.3% vs 2024Employees2025: 2 · +0.0% 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
93 887
9 843
25 934
96 172
9 937
2
2024
46 868
-14 793
24 015
104 790
94
2
2023
168 119
14 878
16 502
153 862
14 887
1
2022
144 611
9
12 727
17 466
9
2
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
10.5 %
Net profit / revenue
Return on equity (ROE)
99.1 %
Net profit / equity
Return on assets (ROA)
10.2 %
Net profit / assets
Equity ratio
10.3 %
Equity / assets
Debt ratio
89.7 %
Liabilities / assets
Current ratio
1.90
Current assets / current liabilities
Revenue per employee
46 944 €
Revenue / average full-time employees
Labour cost per employee per month
1 081 €
Labour costs / employees / 12 months (incl. employer taxes)
