Pirita tee Kinnisvara OÜ

Active Registry code 16709446 OÜ Tallinn Registered 3 Apr 2023
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Pirita tee Kinnisvara OÜ is a OÜ based in Tallinn, registry code 16709446, status: active. Main activity: Development of building projects. According to EMTA, turnover for Q3 2026 was €911 021 with employees.

Turnover
911 021 €
↓ 39.0% vs Q2 2026
State taxes
204 196 €
↓ 39.8% vs Q2 2026
Labour taxes
9 025 €
↑ 0.0% vs Q2 2026
Employees
—

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

Position in the industry Real estate activities · EMTAK 68

  • Turnover · Q3 2026 911 021 €
    industry median 15 030 € · companies in the industry: 7 443
  • Revenue · 2024 321 041 €
    industry median 12 853 € · companies in the industry: 31 545
  • Net profit margin · 2024 -78.6 %
    industry median 5.9 % · companies in the industry: 25 591

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 911 021 € · −39.0% vs Q2 2026 · industry median 15 030 € · above 98% of the industry
02 0004 0006 0008 000Q4 2023 Company: 443 752 € Industry median: 14 897 €Q4·23Q1 2024 Company: 184 378 € Industry median: 15 027 €Q2 2024 Company: 121 479 € Industry median: 14 064 €Q2·24Q3 2024 Company: 878 559 € Industry median: 14 462 €Q4 2024 Company: 208 171 € Industry median: 14 610 €Q4·24Q1 2025 Company: 304 811 € Industry median: 14 672 €Q2 2025 Company: 1 721 467 € Industry median: 14 301 €Q2·25Q3 2025 Company: 6 581 013 € Industry median: 14 273 €Q4 2025 Company: 928 069 € Industry median: 14 464 €Q4·25Q1 2026 Company: 62 550 € Industry median: 14 759 €Q2 2026 Company: 1 492 857 € Industry median: 14 595 €Q2·26Q3 2026 Company: 911 021 € Industry median: 15 030 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 208 171 € Industry median: 14 610 €Q1 2025 Company: 304 811 € Industry median: 14 672 €Q1·25Q2 2025 Company: 1 721 467 € Industry median: 14 301 €Q3 2025 Company: 6 581 013 € Industry median: 14 273 €Q3·25Q4 2025 Company: 928 069 € Industry median: 14 464 €Q1 2026 Company: 62 550 € Industry median: 14 759 €Q1·26Q2 2026 Company: 1 492 857 € Industry median: 14 595 €Q3 2026 Company: 911 021 € 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, € thousand Q3 2026: 204 196 € · −39.8% vs Q2 2026
02505007501 0001 250Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 256 461 €Q2·25Q3 2025 Company: 1 069 647 €Q4 2025 Company: 200 950 €Q4·25Q1 2026 Company: 16 099 €Q2 2026 Company: 339 044 €Q2·26Q3 2026 Company: 204 196 €Q3·2602505007501 0001 250Q4 2024 Company: 0 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 256 461 €Q3 2025 Company: 1 069 647 €Q3·25Q4 2025 Company: 200 950 €Q1 2026 Company: 16 099 €Q1·26Q2 2026 Company: 339 044 €Q3 2026 Company: 204 196 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 911 021 204 196 9 025 —
Q2 2026 1 492 857 339 044 9 025 —
Q1 2026 62 550 16 099 9 108 —
Q4 2025 928 069 200 950 9 274 —
Q3 2025 6 581 013 1 069 647 9 274 —
Q2 2025 1 721 467 256 461 9 274 —
Q1 2025 304 811 — 9 087 —
Q4 2024 208 171 — 8 294 —
Q3 2024 878 559 — 16 012 —
Q2 2024 121 479 — 16 012 —
Q1 2024 184 378 — 16 012 —
Q4 2023 443 752 — 5 337 —
Q3 2023 360 167 — — —
Q2 2023 — — — —

Financials by year

2023 – 2025
Revenue, € thousand 2024: 321 041 € · +1 023.8% vs 2023 · industry median 12 853 € · above 98% of the industry
01002003004002023 Company: 28 567 € Industry median: 12 224 €20232024 Company: 321 041 € Industry median: 12 853 €20242025 Company: — Industry median: 13 620 €202501002003004002023 Company: 28 567 € Industry median: 12 224 €20232024 Company: 321 041 € Industry median: 12 853 €2025 Company: — 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 2024: -252 423 € · −148.7% vs 2023 · industry median 256 € · above 2% of the industry
-300-200-10001002023 Company: -101 505 € Industry median: 154 €20232024 Company: -252 423 € Industry median: 256 €20242025 Company: — Industry median: 283 €2025-300-200-10001002023 Company: -101 505 € Industry median: 154 €20232024 Company: -252 423 € Industry median: 256 €2025 Company: — 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, % 2024: -78.6 % · +276.7 pp vs the year before · industry median 5.9 % · above 6% of the industry
-400-300-200-10001002023 Company: -355.3 % Industry median: 5.2 %20232024 Company: -78.6 % Industry median: 5.9 %20242025 Company: — Industry median: 5.9 %2025-400-300-200-10001002023 Company: -355.3 % Industry median: 5.2 %20232024 Company: -78.6 % Industry median: 5.9 %2025 Company: — 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 2024: 20 060 552 € · +159.7% vs 2023
05 00010 00015 00020 00025 0002023 Company: 7 724 879 €20232024 Company: 20 060 552 €20242025 Company: —202505 00010 00015 00020 00025 0002023 Company: 7 724 879 €20232024 Company: 20 060 552 €2025 Company: —2025
Equity, € thousand 2024: -351 428 € · −255.0% vs 2023
-400-300-200-10002023 Company: -99 005 €20232024 Company: -351 428 €20242025 Company: —2025-400-300-200-10002023 Company: -99 005 €20232024 Company: -351 428 €2025 Company: —2025
Employees 2025: 1 · −50.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.51.01.52.02023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 120242025 Company: 1 Industry median: 120250.00.51.01.52.02023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 12025 Company: 1 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 — — — — — 1
2024 321 041 -252 423 124 003 20 060 552 -351 428 2
2023 28 567 -101 505 38 421 7 724 879 -99 005 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 2024

Net profit margin
-77.8 %
Net profit / revenue
Return on assets (ROA)
-1.3 %
Net profit / assets
Equity ratio
-1.8 %
Equity / assets
Debt ratio
101.8 %
Liabilities / assets
Current ratio
1.28
Current assets / current liabilities
Revenue per employee
162 216 €
Revenue / average full-time employees
Labour cost per employee per month
5 167 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 28 Nov 2025 Company’s own · audited e-Äriregister
2023 3 Apr 2023 – 31 Dec 2023 31 Oct 2024 Company’s own · audited e-Äriregister

Board

Right of representation

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

Owners

  • Hans Luik
    Natural person · 2 500 €

Beneficial owners

  • Hans Luik
    Direct ownership · since 3 Apr 2023

Founders and other persons

  • Hans Luik
    Founder · 2 500 € · 3 Apr 2023
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68121Development of building projects Main
Rulings
Number, date Title Deadline State Document
Ä 50225450 / M1
21 Jul 2024
Warning of a fine: annual report not filed 20 Aug 2024 Deficiencies eliminated
1 Nov 2024
PDF
Ä 50225450 / 4
20 Oct 2023
Amendment entry In force
20 Oct 2023
PDF
Ä 50225450 / 3
12 Sep 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
12 Sep 2023
PDF
Ä 50225450 / 2
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50225450
3 Apr 2023
First entry In force
3 Apr 2023
PDF

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