Tallinn, Kihnu tn 20 korteriühistu

Active Registry code 80023995 KÜ Tallinn Registered 22 Jan 1998

Tallinn, Kihnu tn 20 korteriühistu is a KÜ based in Tallinn, registry code 80023995, status: active. Main activity: Management of buildings and rental houses (apartment associations, housing associations, building associations etc.). Its annual report for 2025 shows revenue of €173 074 and 1 employees.

Turnover

—

State taxes

3 626 €

↑ 20.0% vs Q2 2026

Labour taxes

3 674 €

↑ 20.0% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Real estate activities · EMTAK 68

Labour taxes per employee 1 837 €

above 83% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 173 074 €

above 91% of companies

industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 2025 6.3 %

above 51% of companies

industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026

Labour taxes per employee, € Q3 2026: 1 837 € · +20.0% vs Q2 2026 · industry median 857 € · above 83% 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.

Employees Q3 2026: 2 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 3 626 € · +20.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	—	3 626	3 674	2
Q2 2026	—	3 021	3 061	2
Q1 2026	—	2 945	2 984	2
Q4 2025	—	2 945	2 984	2
Q3 2025	—	3 073	3 115	2
Q2 2025	—	2 863	2 901	2
Q1 2025	—	2 788	2 826	2
Q4 2024	—	2 873	2 921	2
Q3 2024	—	2 990	3 044	2
Q2 2024	—	2 990	3 044	2
Q1 2024	—	2 916	2 969	2
Q4 2023	—	2 769	2 818	2
Q3 2023	—	2 769	2 818	2
Q2 2023	—	2 849	2 899	2
Q1 2023	—	2 708	2 756	2
Q4 2022	—	2 382	2 449	2
Q3 2022	—	2 280	2 357	2
Q2 2022	—	2 280	2 358	2
Q1 2022	—	2 243	2 319	2

Labour taxes per employee per month

612 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 173 074 € · +247.7% vs 2024 · industry median 13 620 € · above 91% 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: 10 965 € · +348.6% vs 2024 · industry median 283 € · above 81% 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: 6.3 % · +1.4 pp vs the year before · industry median 5.9 % · above 51% 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, € 2025: 71 812 € · −23.4% vs 2024

Equity, € 2025: 23 700 € · +70.2% vs 2024

Employees 2025: 1 · −50.0% vs 2024 · industry median 1 · above 5% 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	173 074	10 965	31 273	71 812	23 700	1
2024	49 779	2 444	30 189	93 761	13 924	2
2023	44 513	2 541	28 280	69 713	11 720	2
2022	67 794	2 431	26 549	45 965	7 426	2
2021	56 782	2 328	24 794	51 243	7 323	2
2020	47 919	2 311	23 406	44 041	7 306	2
2019	68 936	2 466	22 644	35 484	7 461	2
2018	—	—	—	—	—	2
2017	—	—	—	—	—	2
2016	—	—	—	—	—	2
2015	—	—	—	—	—	2
2014	—	—	—	—	—	2
2013	—	—	—	—	—	2
2012	—	—	—	—	—	2
2011	—	—	—	—	—	2
2010	—	—	—	—	—	2
2009	—	—	—	—	—	0
1999	—	—	—	—	—	4

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

6.3 %

Net profit / revenue

Return on equity (ROE)

46.3 %

Net profit / equity

Return on assets (ROA)

15.3 %

Net profit / assets

Equity ratio

33.0 %

Equity / assets

Debt ratio

67.0 %

Liabilities / assets

Current ratio

1.49

Current assets / current liabilities

Revenue per employee

173 074 €

Revenue / average full-time employees

Labour cost per employee per month

2 606 €

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	22 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	18 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	13 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	29 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	13 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	27 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	5 Jul 2020	Company’s own	e-Äriregister

Board

Alexander Ekimov
Board member · since 29 Dec 2017
Tatjana Spirkina
Board member · since 29 Dec 2017
Leontine Sireli
Board member · since 12 Apr 2024

Right of representation

Any member of the management board may represent the apartment association in all transactions.

Owners

No owner information.

Activities (EMTAK)

68321Management of buildings and rental houses (apartment associations, housing associations, building associations etc.) Main

Rulings 24

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ü 10019901 / M7 19 Jun 2025	Ruling to correct data outside an entry	3 Jul 2025	Deficiencies eliminated 1 Jul 2025	PDF
Ü 10019901 / 23 12 Apr 2024	Amendment entry		In force 12 Apr 2024	PDF
Ü 10019901 / 22 19 Jun 2023	Amendment under Code of Civil Procedure § 595¹ (1)		In force 19 Jun 2023	PDF
Ü 10019901 / 21 1 Feb 2023	Amendment entry		In force 1 Feb 2023	PDF
Ü 10019901 / 20 22 Jul 2021	Amendment under Commercial Code § 525 (2)		In force 22 Jul 2021	PDF
Ü 10019901 / 19 6 Mar 2018	Amendment entry		In force 6 Mar 2018	PDF
M 10019901 / 18 29 Dec 2017	Registry card opened in the register of apartment associations		In force 29 Dec 2017	PDF
M 10019901 / 17 29 Dec 2017	Registry card closed in the register of non-profits and foundations		In force 29 Dec 2017	PDF
M 10019901 / 16 29 Dec 2017	Amendment entry		In force 29 Dec 2017	PDF
M 10019901 / 15 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
M 10019901 / 14 6 Dec 2016	Entry made by the register on its own initiative (Apartment Associations Act § 17¹)		In force 6 Dec 2016	PDF
M 10019901 / 13 31 Dec 2015	Amendment entry		In force 31 Dec 2015	PDF
M 10019901 / 12 29 May 2015	Amendment entry		In force 29 May 2015	PDF
M 10019901 / 11 25 May 2015	Entry refused		In force 9 Jun 2015	PDF
M 10019901 / 10 17 May 2013	Amendment entry		In force 17 May 2013	PDF
M 19901 / 9 24 Sep 2009	Amendment entry		In force 24 Sep 2009	PDF
M 19901 / M6 3 Sep 2009	Ruling to eliminate deficiencies	4 Oct 2009	In force 3 Sep 2009	PDF
M 19901 / 8 2 Dec 2008	Amendment entry		In force 2 Dec 2008	PDF
M 19901 / M5 8 Oct 2008	Ruling to eliminate deficiencies (to be served)	20 Dec 2008	In force 5 Nov 2008	PDF
M 19901 / 7 29 Jan 2004	Amendment entry		In force	PDF
M 19901 / M4 8 Jan 2004	Ruling to eliminate deficiencies (to be served)		In force	PDF
M 19901 / 6 29 Oct 2002	Unpublished amendment entry		In force	PDF
M 19901 / 5 8 Aug 2002	Unpublished amendment entry		In force	PDF
M 19901 / M3 12 Jul 2002	Ruling to eliminate deficiencies (to be served)	9 Oct 2002	In force	PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data