KESSU VARAD OÜ

Active Registry code 16382848 OÜ Tallinn Registered 6 Dec 2021
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KESSU VARAD OÜ is a OÜ based in Tallinn, registry code 16382848, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €12 856 with employees.

Turnover
12 856 €
↓ 17.7% vs Q2 2026
State taxes
2 196 €
↑ 37.1% 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 12 856 €
    industry median 15 030 € · companies in the industry: 7 443
  • Revenue · 2025 56 186 €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 4.6 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 12 856 € · −17.7% vs Q2 2026 · industry median 15 030 € · above 46% of the industry
010 00020 00030 00040 00050 000Q4 2023 Company: 24 830 € Industry median: 14 897 €Q4·23Q1 2024 Company: 32 548 € Industry median: 15 027 €Q2 2024 Company: 33 549 € Industry median: 14 064 €Q2·24Q3 2024 Company: 22 436 € Industry median: 14 462 €Q4 2024 Company: 45 359 € Industry median: 14 610 €Q4·24Q1 2025 Company: 15 024 € Industry median: 14 672 €Q2 2025 Company: 14 712 € Industry median: 14 301 €Q2·25Q3 2025 Company: 12 536 € Industry median: 14 273 €Q4 2025 Company: 13 344 € Industry median: 14 464 €Q4·25Q1 2026 Company: 25 575 € Industry median: 14 759 €Q2 2026 Company: 15 622 € Industry median: 14 595 €Q2·26Q3 2026 Company: 12 856 € Industry median: 15 030 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 45 359 € Industry median: 14 610 €Q1 2025 Company: 15 024 € Industry median: 14 672 €Q1·25Q2 2025 Company: 14 712 € Industry median: 14 301 €Q3 2025 Company: 12 536 € Industry median: 14 273 €Q3·25Q4 2025 Company: 13 344 € Industry median: 14 464 €Q1 2026 Company: 25 575 € Industry median: 14 759 €Q1·26Q2 2026 Company: 15 622 € Industry median: 14 595 €Q3 2026 Company: 12 856 € 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: 2 196 € · +37.1% vs Q2 2026
01 0002 0003 0004 0005 000Q4 2023 Company: 3 226 €Q4·23Q1 2024 Company: 4 185 €Q2 2024 Company: 4 427 €Q2·24Q3 2024 Company: 3 621 €Q4 2024 Company: 1 435 €Q4·24Q1 2025 Company: 1 977 €Q2 2025 Company: 1 614 €Q2·25Q3 2025 Company: 1 999 €Q4 2025 Company: 2 133 €Q4·25Q1 2026 Company: 1 542 €Q2 2026 Company: 1 602 €Q2·26Q3 2026 Company: 2 196 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 435 €Q1 2025 Company: 1 977 €Q1·25Q2 2025 Company: 1 614 €Q3 2025 Company: 1 999 €Q3·25Q4 2025 Company: 2 133 €Q1 2026 Company: 1 542 €Q1·26Q2 2026 Company: 1 602 €Q3 2026 Company: 2 196 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 12 856 2 196 — —
Q2 2026 15 622 1 602 — —
Q1 2026 25 575 1 542 — —
Q4 2025 13 344 2 133 — —
Q3 2025 12 536 1 999 — —
Q2 2025 14 712 1 614 — —
Q1 2025 15 024 1 977 — —
Q4 2024 45 359 1 435 — —
Q3 2024 22 436 3 621 — —
Q2 2024 33 549 4 427 — —
Q1 2024 32 548 4 185 — —
Q4 2023 24 830 3 226 — —
Q3 2023 23 183 2 047 — —
Q2 2023 27 408 3 837 — —
Q1 2023 31 171 3 397 — —
Q4 2022 26 732 3 310 — —
Q3 2022 23 318 2 940 — —
Q2 2022 16 470 2 931 — —
Q1 2022 10 980 2 187 — —

Financials by year

2022 – 2025
Revenue, € thousand 2025: 56 186 € · −54.3% vs 2024 · industry median 13 620 € · above 81% of the industry
02550751001252022 Company: 88 287 € Industry median: 11 789 €20222023 Company: 105 918 € Industry median: 12 224 €20232024 Company: 122 984 € Industry median: 12 853 €20242025 Company: 56 186 € Industry median: 13 620 €202502550751001252022 Company: 88 287 € Industry median: 11 789 €2023 Company: 105 918 € Industry median: 12 224 €20232024 Company: 122 984 € Industry median: 12 853 €2025 Company: 56 186 € 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: 2 567 € · −96.9% vs 2024 · industry median 283 € · above 66% of the industry
02004006008002022 Company: 787 319 € Industry median: 161 €20222023 Company: 175 940 € Industry median: 154 €20232024 Company: 82 769 € Industry median: 256 €20242025 Company: 2 567 € Industry median: 283 €202502004006008002022 Company: 787 319 € Industry median: 161 €2023 Company: 175 940 € Industry median: 154 €20232024 Company: 82 769 € Industry median: 256 €2025 Company: 2 567 € 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: 4.6 % · −62.7 pp vs the year before · industry median 5.9 % · above 48% of the industry
02004006008001 0002022 Company: 891.8 % Industry median: 5.9 %20222023 Company: 166.1 % Industry median: 5.2 %20232024 Company: 67.3 % Industry median: 5.9 %20242025 Company: 4.6 % Industry median: 5.9 %202502004006008001 0002022 Company: 891.8 % Industry median: 5.9 %2023 Company: 166.1 % Industry median: 5.2 %20232024 Company: 67.3 % Industry median: 5.9 %2025 Company: 4.6 % 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: 1 232 954 € · −0.8% vs 2024
02505007501 0001 2502022 Company: 1 046 378 €20222023 Company: 1 188 590 €20232024 Company: 1 243 114 €20242025 Company: 1 232 954 €202502505007501 0001 2502022 Company: 1 046 378 €2023 Company: 1 188 590 €20232024 Company: 1 243 114 €2025 Company: 1 232 954 €2025
Equity, € thousand 2025: 1 051 596 € · +0.2% vs 2024
02505007501 0001 2502022 Company: 790 319 €20222023 Company: 966 259 €20232024 Company: 1 049 029 €20242025 Company: 1 051 596 €202502505007501 0001 2502022 Company: 790 319 €2023 Company: 966 259 €20232024 Company: 1 049 029 €2025 Company: 1 051 596 €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 56 186 2 567 0 1 232 954 1 051 596 0
2024 122 984 82 769 0 1 243 114 1 049 029 0
2023 105 918 175 940 0 1 188 590 966 259 0
2022 88 287 787 319 0 1 046 378 790 319 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
4.6 %
Net profit / revenue
Return on equity (ROE)
0.2 %
Net profit / equity
Return on assets (ROA)
0.2 %
Net profit / assets
Equity ratio
85.3 %
Equity / assets
Debt ratio
14.7 %
Liabilities / assets
Current ratio
28.03
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 13 Feb 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 28 May 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 12 Jun 2024 Company’s own e-Äriregister
2022 6 Dec 2021 – 31 Dec 2022 30 Jun 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

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 50190225 / 6
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50190225 / 5
13 Apr 2022
Third (informative) division entry In force
13 Apr 2022
PDF
Ä 50190225 / 4
13 Apr 2022
First (declaratory) division entry In force
13 Apr 2022
PDF
Ä 50190225 / 3
15 Feb 2022
Amendment entry In force
15 Feb 2022
PDF
Ä 50190225 / M2
10 Feb 2022
Ruling to eliminate deficiencies 10 Mar 2022 Deficiencies eliminated
15 Feb 2022
PDF
Ä 50190225 / M1
7 Feb 2022
Ruling to eliminate deficiencies 4 Mar 2022 Deficiencies eliminated
15 Feb 2022
PDF
Ä 50190225 / 2
1 Feb 2022
Amendment entry In force
1 Feb 2022
PDF
Ä 50190225
6 Dec 2021
First entry In force
6 Dec 2021
PDF

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