Ülemiste Project OÜ

Active Registry code 16867267 OÜ Tallinn Registered 23 Nov 2023
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Ülemiste Project OÜ is a OÜ based in Tallinn, registry code 16867267, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €20 556 with employees.

Turnover
20 556 €
↓ 1.7% vs Q2 2026
State taxes
4 035 €
↓ 2.4% 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 20 556 €
    industry median 15 029 € · companies in the industry: 7 444
  • Revenue · 2025 82 152 €
    industry median 13 620 € · companies in the industry: 30 470
  • Net profit margin · 2025 -61.3 %
    industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 20 556 € · −1.7% vs Q2 2026 · industry median 15 029 € · above 56% of the industry
05 00010 00015 00020 00025 000Q4 2023 Company: 0 € Industry median: 14 894 €Q4·23Q1 2024 Company: 4 266 € Industry median: 15 029 €Q2 2024 Company: 11 035 € Industry median: 14 045 €Q2·24Q3 2024 Company: 8 877 € Industry median: 14 441 €Q4 2024 Company: 13 450 € Industry median: 14 605 €Q4·24Q1 2025 Company: 20 896 € Industry median: 14 686 €Q2 2025 Company: 21 840 € Industry median: 14 302 €Q2·25Q3 2025 Company: 19 438 € Industry median: 14 276 €Q4 2025 Company: 23 362 € Industry median: 14 465 €Q4·25Q1 2026 Company: 23 314 € Industry median: 14 753 €Q2 2026 Company: 20 908 € Industry median: 14 601 €Q2·26Q3 2026 Company: 20 556 € Industry median: 15 029 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: 13 450 € Industry median: 14 605 €Q1 2025 Company: 20 896 € Industry median: 14 686 €Q1·25Q2 2025 Company: 21 840 € Industry median: 14 302 €Q3 2025 Company: 19 438 € Industry median: 14 276 €Q3·25Q4 2025 Company: 23 362 € Industry median: 14 465 €Q1 2026 Company: 23 314 € Industry median: 14 753 €Q1·26Q2 2026 Company: 20 908 € Industry median: 14 601 €Q3 2026 Company: 20 556 € 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.

State taxes, € Q3 2026: 4 035 € · −2.4% vs Q2 2026
02 0004 0006 000Q4 2023 Company: —Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 2 755 €Q2 2025 Company: 2 456 €Q2·25Q3 2025 Company: 1 956 €Q4 2025 Company: 5 806 €Q4·25Q1 2026 Company: 4 473 €Q2 2026 Company: 4 135 €Q2·26Q3 2026 Company: 4 035 €Q3·2602 0004 0006 000Q4 2024 Company: 0 €Q1 2025 Company: 2 755 €Q1·25Q2 2025 Company: 2 456 €Q3 2025 Company: 1 956 €Q3·25Q4 2025 Company: 5 806 €Q1 2026 Company: 4 473 €Q1·26Q2 2026 Company: 4 135 €Q3 2026 Company: 4 035 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 20 556 4 035 — —
Q2 2026 20 908 4 135 — —
Q1 2026 23 314 4 473 — —
Q4 2025 23 362 5 806 — —
Q3 2025 19 438 1 956 — —
Q2 2025 21 840 2 456 — —
Q1 2025 20 896 2 755 — —
Q4 2024 13 450 — — —
Q3 2024 8 877 — — —
Q2 2024 11 035 — — —
Q1 2024 4 266 — — —
Q4 2023 — — — —

Financials by year

2024 – 2025
Revenue, € 2025: 82 152 € · +87.8% vs 2024 · industry median 13 620 € · above 86% of the industry
020 00040 00060 00080 000100 0002024 Company: 43 747 € Industry median: 12 863 €20242025 Company: 82 152 € Industry median: 13 620 €2025020 00040 00060 00080 000100 0002024 Company: 43 747 € Industry median: 12 863 €2025 Company: 82 152 € 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: -50 319 € · +61.3% vs 2024 · industry median 283 € · above 2% of the industry
-150-100-500502024 Company: -130 130 € Industry median: 256 €20242025 Company: -50 319 € Industry median: 283 €2025-150-100-500502024 Company: -130 130 € Industry median: 256 €2025 Company: -50 319 € 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: -61.3 % · +236.2 pp vs the year before · industry median 5.9 % · above 8% of the industry
-300-200-10001002024 Company: -297.5 % Industry median: 5.9 %20242025 Company: -61.3 % Industry median: 5.9 %2025-300-200-10001002024 Company: -297.5 % Industry median: 5.9 %2025 Company: -61.3 % 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: 901 659 € · −2.5% vs 2024
02004006008001 0002024 Company: 924 710 €20242025 Company: 901 659 €202502004006008001 0002024 Company: 924 710 €2025 Company: 901 659 €2025
Equity, € thousand 2025: -177 949 € · −39.4% vs 2024
-200-150-100-5002024 Company: -127 630 €20242025 Company: -177 949 €2025-200-150-100-5002024 Company: -127 630 €2025 Company: -177 949 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02024 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 82 152 -50 319 0 901 659 -177 949 0
2024 43 747 -130 130 0 924 710 -127 630 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
-61.3 %
Net profit / revenue
Return on assets (ROA)
-5.6 %
Net profit / assets
Equity ratio
-19.7 %
Equity / assets
Debt ratio
119.7 %
Liabilities / assets
Current ratio
0.01
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 30 Jun 2026 Company’s own e-Äriregister
2024 23 Nov 2023 – 31 Dec 2024 30 Jun 2025 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

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 50242298 / 3
27 Jun 2026
Amendment entry In force
27 Jun 2026
PDF
Ä 50242298 / 2
9 Jun 2026
Amendment entry In force
9 Jun 2026
PDF
Ä 50242298
23 Nov 2023
First entry In force
23 Nov 2023
PDF
Ä 50242298 / M1
22 Nov 2023
Ruling to eliminate deficiencies 8 Dec 2023 Deficiencies eliminated
23 Nov 2023
PDF

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