Tartu linn, Kalda tee 2 korteriühistu

Active Registry code 80117302 KÜ Registered 9 Dec 1999

Tartu linn, Kalda tee 2 korteriühistu is a KÜ based in , registry code 80117302, 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 €102 026 and 1 employees.

Turnover

—

State taxes

923 €

↑ 26.1% vs Q2 2026

Labour taxes

991 €

↑ 25.3% 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 991 €

above 57% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 102 026 €

above 87% of companies

industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 2025 29.8 %

above 70% 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: 991 € · +25.3% vs Q2 2026 · industry median 857 € · above 57% 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: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 923 € · +26.1% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	—	923	991	1
Q2 2026	—	732	791	1
Q1 2026	—	732	791	1
Q4 2025	—	732	791	1
Q3 2025	—	1 039	1 131	1
Q2 2025	—	650	703	1
Q1 2025	—	643	696	1
Q4 2024	—	627	680	1
Q3 2024	—	793	854	1
Q2 2024	—	760	824	1
Q1 2024	—	627	680	1
Q4 2023	—	591	641	1
Q3 2023	—	790	851	1
Q2 2023	—	627	680	1
Q1 2023	—	627	680	1
Q4 2022	—	627	680	1
Q3 2022	—	775	834	1
Q2 2022	—	627	680	1
Q1 2022	—	533	578	1

Labour taxes per employee per month

330 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 102 026 € · +10.2% vs 2024 · industry median 13 620 € · above 87% 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, € thousand 2025: 30 386 € · −39.9% vs 2024 · industry median 283 € · above 88% 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: 29.8 % · −24.8 pp vs the year before · industry median 5.9 % · above 70% 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, € thousand 2025: 273 052 € · +16.5% vs 2024

Equity, € thousand 2025: 259 280 € · +17.0% vs 2024

Employees 2025: 1 · +0.0% 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	102 026	30 386	7 720	273 052	259 280	1
2024	92 616	50 542	7 182	234 361	221 536	1
2023	90 807	43 787	6 743	187 294	170 994	1
2022	85 253	54 476	6 797	145 828	127 207	1
2021	76 826	53 242	5 843	85 161	72 731	1
2020	60 172	13 230	6 215	42 622	19 489	1
2019	64 585	-171 576	6 318	16 734	6 259	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	2
2014	—	—	—	—	—	2
2013	—	—	—	—	—	2
2012	—	—	—	—	—	2
2011	—	—	—	—	—	2
2010	—	—	—	—	—	2
2009	—	—	—	—	—	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 2025

Net profit margin

29.8 %

Net profit / revenue

Return on equity (ROE)

11.7 %

Net profit / equity

Return on assets (ROA)

11.1 %

Net profit / assets

Equity ratio

95.0 %

Equity / assets

Debt ratio

5.0 %

Liabilities / assets

Current ratio

19.83

Current assets / current liabilities

Revenue per employee

102 026 €

Revenue / average full-time employees

Labour cost per employee per month

643 €

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	2 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	15 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	2 Jul 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	21 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	4 Jul 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	15 Jul 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	23 Nov 2020	Company’s own	e-Äriregister

Board

Andres Aint
Board member · since 6 Jan 2018
Edvard Narits
Board member · since 6 Jan 2018
Epp Mäe
Board member · since 6 Jan 2018
Merja Teever
Board member · since 6 Jan 2018
Raigo Mitt
Board member · since 6 Jan 2018
Terje Tartu
Board member · since 6 Jan 2018
Urmas Hõrrak
Board member · since 6 Jan 2018
Andrus Narits
Board member · since 29 May 2023
Kirke Holm
Board member · since 29 May 2023

Right of representation

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

Owners

No owner information.

shared board members, owners or beneficial owners

Activities (EMTAK)

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

Rulings 20

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ü 20015058 / 16 29 May 2023	Amendment entry		In force 29 May 2023	PDF
Ü 20015058 / 15 1 Feb 2023	Amendment entry		In force 1 Feb 2023	PDF
Ü 20015058 / 14 30 Jan 2023	Amendment entry		In force 30 Jan 2023	PDF
Ü 20015058 / M6 11 Jan 2023	Ruling to eliminate deficiencies	26 Jan 2023	In force 11 Jan 2023	PDF
Ü 20015058 / M5 28 Dec 2022	Ruling to eliminate deficiencies	12 Jan 2023	In force 28 Dec 2022	PDF
Ü 20015058 / 13 12 Aug 2022	Entry refused: deficiencies not eliminated		In force 1 Sep 2022	PDF
Ü 20015058 / M4 8 Jul 2022	Ruling to eliminate deficiencies	7 Aug 2022	In force 8 Jul 2022	PDF
M 20015058 / 12 6 Jan 2018	Registry card opened in the register of apartment associations		In force 6 Jan 2018	PDF
M 20015058 / 11 6 Jan 2018	Registry card closed in the register of non-profits and foundations		In force 6 Jan 2018	PDF
M 20015058 / 10 6 Jan 2018	Amendment entry		In force 6 Jan 2018	PDF
M 20015058 / 9 5 Dec 2017	Amendment entry		In force 5 Dec 2017	PDF
M 20015058 / 8 3 Dec 2017	Amendment entry		In force 3 Dec 2017	PDF
M 20015058 / M3 12 Sep 2017	Procedural ruling	12 Oct 2017	In force 12 Sep 2017	PDF
M 20015058 / 7 12 Sep 2017	Amendment entry		In force 12 Sep 2017	PDF
M 20015058 / M2 10 Aug 2017	Ruling to eliminate deficiencies	9 Sep 2017	In force 10 Aug 2017	PDF
M 20015058 / 6 12 Dec 2016	Entry made by the register on its own initiative (Apartment Associations Act § 17¹)		In force 12 Dec 2016	PDF
M 20015058 / 5 27 Apr 2016	Entry made by the register on its own initiative		In force 27 Apr 2016	PDF
M 20015058 / 4 7 Apr 2011	Amendment entry		In force 7 Apr 2011	PDF
M 15058 / 3 10 Sep 2009	Amendment entry		In force 10 Sep 2009	PDF
M 15058 / 2 16 Feb 2009	Amendment entry		In force 16 Feb 2009	PDF

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

Tartu linn, Kalda tee 2 korteriühistu

Position in the industry Real estate activities · EMTAK 68

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Related companies

Activities (EMTAK)

Rulings 20