OÜ Padelstar

Active Registry code 16614916 OÜ Tallinn Registered 16 Nov 2022
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OÜ Padelstar is a OÜ based in Tallinn, registry code 16614916, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €272 348 with 4 employees.

Turnover
272 348 €
↑ 35.9% vs Q2 2026
State taxes
49 490 €
↑ 4.2% vs Q2 2026
Labour taxes
25 188 €
↑ 24.9% vs Q2 2026
Employees
4
±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Real estate activities · EMTAK 68

  • Turnover · Q3 2026 272 348 €
    industry median 15 029 € · companies in the industry: 7 444
  • Labour taxes per employee 6 297 €
    industry median 857 € · companies in the industry: 7 261
  • Revenue · 2025 525 312 €
    industry median 13 620 € · companies in the industry: 30 470
  • Net profit margin · 2025 5.6 %
    industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 272 348 € · +35.9% vs Q2 2026 · industry median 15 029 € · above 92% of the industry
0100200300Q4 2023 Company: 8 336 € Industry median: 14 894 €Q4·23Q1 2024 Company: 8 561 € Industry median: 15 029 €Q2 2024 Company: 6 313 € Industry median: 14 045 €Q2·24Q3 2024 Company: 275 266 € Industry median: 14 441 €Q4 2024 Company: 47 365 € Industry median: 14 605 €Q4·24Q1 2025 Company: 130 293 € Industry median: 14 686 €Q2 2025 Company: 134 228 € Industry median: 14 302 €Q2·25Q3 2025 Company: 172 504 € Industry median: 14 276 €Q4 2025 Company: 251 944 € Industry median: 14 465 €Q4·25Q1 2026 Company: 239 397 € Industry median: 14 753 €Q2 2026 Company: 200 388 € Industry median: 14 601 €Q2·26Q3 2026 Company: 272 348 € Industry median: 15 029 €Q3·260100200300Q4 2024 Company: 47 365 € Industry median: 14 605 €Q1 2025 Company: 130 293 € Industry median: 14 686 €Q1·25Q2 2025 Company: 134 228 € Industry median: 14 302 €Q3 2025 Company: 172 504 € Industry median: 14 276 €Q3·25Q4 2025 Company: 251 944 € Industry median: 14 465 €Q1 2026 Company: 239 397 € Industry median: 14 753 €Q1·26Q2 2026 Company: 200 388 € Industry median: 14 601 €Q3 2026 Company: 272 348 € Industry median: 15 029 €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.

Labour taxes per employee, € Q3 2026: 6 297 € · +24.9% vs Q2 2026 · industry median 857 € · above 98% of the industry
02 0004 0006 0008 000Q4 2023 Company: — Industry median: 671 €Q4·23Q1 2024 Company: — Industry median: 694 €Q2 2024 Company: — Industry median: 712 €Q2·24Q3 2024 Company: 1 638 € Industry median: 728 €Q4 2024 Company: 2 588 € Industry median: 727 €Q4·24Q1 2025 Company: 4 850 € Industry median: 780 €Q2 2025 Company: 4 370 € Industry median: 771 €Q2·25Q3 2025 Company: 6 839 € Industry median: 812 €Q4 2025 Company: 7 104 € Industry median: 812 €Q4·25Q1 2026 Company: 5 775 € Industry median: 818 €Q2 2026 Company: 5 040 € Industry median: 828 €Q2·26Q3 2026 Company: 6 297 € Industry median: 857 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 2 588 € Industry median: 727 €Q1 2025 Company: 4 850 € Industry median: 780 €Q1·25Q2 2025 Company: 4 370 € Industry median: 771 €Q3 2025 Company: 6 839 € Industry median: 812 €Q3·25Q4 2025 Company: 7 104 € Industry median: 812 €Q1 2026 Company: 5 775 € Industry median: 818 €Q1·26Q2 2026 Company: 5 040 € Industry median: 828 €Q3 2026 Company: 6 297 € Industry median: 857 €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.

Employees Q3 2026: 4 · +0.0% vs Q2 2026
01234Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: —Q2·24Q3 2024 Company: 1Q4 2024 Company: 2Q4·24Q1 2025 Company: 2Q2 2025 Company: 3Q2·25Q3 2025 Company: 3Q4 2025 Company: 3Q4·25Q1 2026 Company: 3Q2 2026 Company: 4Q2·26Q3 2026 Company: 4Q3·2601234Q4 2024 Company: 2Q1 2025 Company: 2Q1·25Q2 2025 Company: 3Q3 2025 Company: 3Q3·25Q4 2025 Company: 3Q1 2026 Company: 3Q1·26Q2 2026 Company: 4Q3 2026 Company: 4Q3·26
State taxes, € Q3 2026: 49 490 € · +4.2% vs Q2 2026
010 00020 00030 00040 00050 000Q4 2023 Company: 2 175 €Q4·23Q1 2024 Company: 3 175 €Q2 2024 Company: 2 375 €Q2·24Q3 2024 Company: 5 907 €Q4 2024 Company: 7 898 €Q4·24Q1 2025 Company: 24 853 €Q2 2025 Company: 34 760 €Q2·25Q3 2025 Company: 25 874 €Q4 2025 Company: 37 241 €Q4·25Q1 2026 Company: 35 205 €Q2 2026 Company: 47 476 €Q2·26Q3 2026 Company: 49 490 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 7 898 €Q1 2025 Company: 24 853 €Q1·25Q2 2025 Company: 34 760 €Q3 2025 Company: 25 874 €Q3·25Q4 2025 Company: 37 241 €Q1 2026 Company: 35 205 €Q1·26Q2 2026 Company: 47 476 €Q3 2026 Company: 49 490 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 272 348 49 490 25 188 4
Q2 2026 200 388 47 476 20 160 4
Q1 2026 239 397 35 205 17 326 3
Q4 2025 251 944 37 241 21 311 3
Q3 2025 172 504 25 874 20 518 3
Q2 2025 134 228 34 760 13 109 3
Q1 2025 130 293 24 853 9 699 2
Q4 2024 47 365 7 898 5 176 2
Q3 2024 275 266 5 907 1 638 1
Q2 2024 6 313 2 375 1 638 —
Q1 2024 8 561 3 175 1 650 —
Q4 2023 8 336 2 175 1 652 —
Q3 2023 9 679 2 423 1 638 —
Q2 2023 28 756 5 192 5 187 —
Q1 2023 8 209 7 890 8 190 —
Labour taxes per employee per month
2 099 €
Turnover per employee in the quarter
68 087 €

Q3 2026 · calculated from EMTA data

Financials by year

2023 – 2025
Revenue, € thousand 2025: 525 312 € · +290.5% vs 2024 · industry median 13 620 € · above 98% of the industry
02004006002023 Company: 16 140 € Industry median: 12 224 €20232024 Company: 134 531 € Industry median: 12 863 €20242025 Company: 525 312 € Industry median: 13 620 €202502004006002023 Company: 16 140 € Industry median: 12 224 €20232024 Company: 134 531 € Industry median: 12 863 €2025 Company: 525 312 € 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, € 2025: 29 214 € · +38.5% vs 2024 · industry median 283 € · above 88% of the industry
-40 000-20 000020 00040 0002023 Company: -33 646 € Industry median: 154 €20232024 Company: 21 095 € Industry median: 256 €20242025 Company: 29 214 € Industry median: 283 €2025-40 000-20 000020 00040 0002023 Company: -33 646 € Industry median: 154 €20232024 Company: 21 095 € Industry median: 256 €2025 Company: 29 214 € 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: 5.6 % · −10.1 pp vs the year before · industry median 5.9 % · above 49% of the industry
-250-200-150-100-500502023 Company: -208.5 % Industry median: 5.2 %20232024 Company: 15.7 % Industry median: 5.9 %20242025 Company: 5.6 % Industry median: 5.9 %2025-250-200-150-100-500502023 Company: -208.5 % Industry median: 5.2 %20232024 Company: 15.7 % Industry median: 5.9 %2025 Company: 5.6 % 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: 2 027 209 € · +139.1% vs 2024
05001 0001 5002 0002 5002023 Company: 255 246 €20232024 Company: 847 719 €20242025 Company: 2 027 209 €202505001 0001 5002 0002 5002023 Company: 255 246 €20232024 Company: 847 719 €2025 Company: 2 027 209 €2025
Equity, € thousand 2025: 211 934 € · +10.7% vs 2024
0501001502002502023 Company: 170 439 €20232024 Company: 191 534 €20242025 Company: 211 934 €20250501001502002502023 Company: 170 439 €20232024 Company: 191 534 €2025 Company: 211 934 €2025
Employees 2025: 4 · +100.0% vs 2024 · industry median 1 · above 95% of the industry
012342023 Company: 1 Industry median: 120232024 Company: 2 Industry median: 120242025 Company: 4 Industry median: 12025012342023 Company: 1 Industry median: 120232024 Company: 2 Industry median: 12025 Company: 4 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 525 312 29 214 160 632 2 027 209 211 934 4
2024 134 531 21 095 33 306 847 719 191 534 2
2023 16 140 -33 646 43 225 255 246 170 439 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
5.4 %
Net profit / revenue
Return on equity (ROE)
13.8 %
Net profit / equity
Return on assets (ROA)
1.4 %
Net profit / assets
Equity ratio
10.5 %
Equity / assets
Debt ratio
89.5 %
Liabilities / assets
Current ratio
4.76
Current assets / current liabilities
Revenue per employee
135 300 €
Revenue / average full-time employees
Labour cost per employee per month
3 347 €
Labour costs / employees / 12 months (incl. employer taxes)

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 e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 16 Nov 2022 – 31 Dec 2023 26 Jun 2024 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 2 000 000 € AS LHV Pank 12 Aug 2026 – in force

Board

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Owner in

Beneficial owners

  • Kristjan Piilmann
    Control by other means (contractual, family or other ties) · since 18 Jun 2026
  • Henry Kiviorg
    Member of a senior management body (management or supervisory board) · since 16 Nov 2022

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68201Rental and operating of own or leased real estate Main
  • 47121Other non-specialised retail sale
  • 70101Activities of head offices
  • 73111Activities of advertising agencies
  • 74991All other professional, scientific and technical activities n.e.c.
Rulings
Number, date Title Deadline State Document
K 50215159 / 9
12 Aug 2026
Commercial pledge entered In force
12 Aug 2026
PDF
K 50215159 / M5
11 Aug 2026
Procedural ruling 21 Aug 2026 Deficiencies eliminated
12 Aug 2026
PDF
Ä 50215159 / 8
12 Jun 2026
Amendment entry In force
12 Jun 2026
PDF
Ä 50215159 / 7
28 May 2026
Second (constitutive) merger entry In force
28 May 2026
PDF
Ä 50215159 / M4
25 May 2026
Procedural ruling 4 Jun 2026 Deficiencies eliminated
26 May 2026
PDF
Ä 50215159 / 6
9 Oct 2025
Second (constitutive) merger entry In force
9 Oct 2025
PDF
Ä 50215159 / 5
14 Feb 2025
Amendment under Code of Civil Procedure § 595¹ (1) In force
14 Feb 2025
PDF
Ä 50215159 / 4
18 Jul 2023
Amendment entry In force
18 Jul 2023
PDF
Ä 50215159 / M3
5 Jul 2023
Ruling to eliminate deficiencies 4 Aug 2023 Deficiencies eliminated
18 Jul 2023
PDF
Ä 50215159 / 3
15 Dec 2022
Amendment entry In force
15 Dec 2022
PDF
Ä 50215159 / 2
15 Dec 2022
Amendment entry In force
15 Dec 2022
PDF
Ä 50215159 / M2
12 Dec 2022
Ruling to eliminate deficiencies 11 Jan 2023 Deficiencies eliminated
15 Dec 2022
PDF
Ä 50215159
16 Nov 2022
First entry In force
16 Nov 2022
PDF
Ä 50215159 / M1
15 Nov 2022
Ruling to eliminate deficiencies 15 Dec 2022 Deficiencies eliminated
16 Nov 2022
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data