Tartu linn, Märja alevik, Keskuse tn 11 korteriühistu

Active Registry code 80120356 KÜ Registered 25 Jan 2000

Tartu linn, Märja alevik, Keskuse tn 11 korteriühistu is a KÜ based in , registry code 80120356, 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 €126 618 and 2 employees.

Turnover

—

State taxes

1 780 €

↑ 52.3% vs Q2 2026

Labour taxes

1 849 €

↑ 52.7% 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 925 €

above 54% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 126 618 €

above 90% of companies

industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 2025 -7.8 %

above 17% 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: 925 € · +52.7% vs Q2 2026 · industry median 857 € · above 54% 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: 1 780 € · +52.3% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	—	1 780	1 849	2
Q2 2026	—	1 169	1 211	2
Q1 2026	—	864	893	2
Q4 2025	—	864	893	2
Q3 2025	—	864	893	2
Q2 2025	—	864	893	2
Q1 2025	—	847	876	2
Q4 2024	—	780	808	2
Q3 2024	—	420	426	2
Q2 2024	—	420	426	3
Q1 2024	—	509	517	3
Q4 2023	—	509	517	4
Q3 2023	—	509	517	4
Q2 2023	—	403	412	4
Q1 2023	—	403	412	4
Q4 2022	—	509	517	4
Q3 2022	—	509	517	4
Q2 2022	—	570	587	4
Q1 2022	—	601	622	4

Labour taxes per employee per month

308 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 126 618 € · −2.3% vs 2024 · industry median 13 620 € · above 90% 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: -9 853 € · +69.1% vs 2024 · industry median 283 € · above 9% 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: -7.8 % · +16.8 pp vs the year before · industry median 5.9 % · above 17% 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: 261 249 € · −7.1% vs 2024

Equity, € 2025: 34 612 € · −17.4% vs 2024

Employees 2025: 2 · +0.0% vs 2024 · industry median 1 · 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.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	126 618	-9 853	10 803	261 249	34 612	2
2024	129 539	-31 876	7 306	281 191	41 908	2
2023	112 738	803	8 168	325 048	73 784	2
2022	93 430	19 374	8 569	81 094	72 981	2
2021	86 056	8 770	8 864	62 915	53 607	2
2020	80 473	1 902	8 875	62 363	44 837	2
2019	86 325	-31 616	8 790	80 967	42 935	2
2018	—	—	—	—	—	2
2017	—	—	—	—	—	2
2016	—	—	—	—	—	2
2015	—	—	—	—	—	1
2014	—	—	—	—	—	1
2013	—	—	—	—	—	1
2012	—	—	—	—	—	1
2011	—	—	—	—	—	3
2009	—	—	—	—	—	3

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

-7.8 %

Net profit / revenue

Return on equity (ROE)

-28.5 %

Net profit / equity

Return on assets (ROA)

-3.8 %

Net profit / assets

Equity ratio

13.2 %

Equity / assets

Debt ratio

86.8 %

Liabilities / assets

Current ratio

2.59

Current assets / current liabilities

Revenue per employee

63 309 €

Revenue / average full-time employees

Labour cost per employee per month

450 €

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	3 Jul 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	12 Sep 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	30 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	28 Jul 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	13 Sep 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	7 Jul 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	26 Nov 2020	Company’s own	e-Äriregister

Board

Kaidi Käärmann
Board member · since 6 Jan 2018
Dagmar Mattiisen
Board member · since 25 Sep 2018
Jorma Rahu
Board member · since 25 Sep 2018

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 34

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ü 20014496 / M12 23 Aug 2025	Warning of a fine: annual report not filed	25 Sep 2025	Deficiencies eliminated 13 Sep 2025	PDF
Ü 20014496 / 24 13 Jun 2024	Amendment entry		In force 13 Jun 2024	PDF
Ü 20014496 / 23 28 Jul 2023	Amendment under Code of Civil Procedure § 595¹ (1)		In force 28 Jul 2023	PDF
Ü 20014496 / 22 1 Feb 2023	Amendment entry		In force 1 Feb 2023	PDF
Ü 20014496 / 21 28 Dec 2020	Amendment entry		In force 28 Dec 2020	PDF
Ü 20014496 / M11 10 Dec 2020	Ruling to eliminate deficiencies	30 Dec 2020	Deficiencies eliminated 28 Dec 2020	PDF
Ü 20014496 / M10 8 Dec 2020	Public service of a ruling in Ametlikud Teadaanded		In force 8 Dec 2020	PDF
Ü 20014496 / 20 25 Nov 2020	Amendment entry		In force 25 Nov 2020	PDF
Ü 20014496 / 19 25 Nov 2020	Entry refused: deficiencies not eliminated		In force 23 Dec 2020	PDF
Ü 20014496 / M9 30 Apr 2020	Ruling to be served	20 Nov 2020	In force 19 May 2020	PDF
Ü 20014496 / M8 14 Apr 2020	Ruling to eliminate deficiencies	24 Apr 2020	In force 14 Apr 2020	PDF
Ü 20014496 / 18 25 Sep 2018	Amendment entry		In force 25 Sep 2018	PDF
M 20014496 / 17 6 Jan 2018	Registry card opened in the register of apartment associations		In force 6 Jan 2018	PDF
M 20014496 / 16 6 Jan 2018	Registry card closed in the register of non-profits and foundations		In force 6 Jan 2018	PDF
M 20014496 / 15 6 Jan 2018	Amendment entry		In force 6 Jan 2018	PDF
M 20014496 / 14 11 Dec 2017	Amendment entry		In force 11 Dec 2017	PDF
M 20014496 / 13 3 Dec 2017	Amendment entry		In force 3 Dec 2017	PDF
M 20014496 / 12 27 Jun 2017	Amendment entry		In force 27 Jun 2017	PDF
M 20014496 / M7 26 Jun 2017	Ruling to eliminate deficiencies	11 Jul 2017	Deficiencies eliminated 27 Jun 2017	PDF
M 20014496 / 11 18 Jan 2017	Entry made by the register on its own initiative (Apartment Associations Act § 17¹)		In force 18 Jan 2017	PDF
M 20014496 / 10 30 Nov 2016	Amendment entry		In force 30 Nov 2016	PDF
M 20014496 / M6 23 Nov 2016	Ruling to eliminate deficiencies	8 Dec 2016	Deficiencies eliminated 30 Nov 2016	PDF
M 20014496 / 9 18 Nov 2016	Amendment entry		In force 18 Nov 2016	PDF
M 20014496 / 8 15 Sep 2016	Entry refused: deficiencies not eliminated		In force 11 Oct 2016	PDF
M 20014496 / M5 23 Aug 2016	Ruling to eliminate deficiencies	2 Oct 2016	In force 23 Aug 2016	PDF
M 20014496 / 7 7 Jan 2016	Amendment entry		In force 7 Jan 2016	PDF
M 20014496 / M4 9 Dec 2015	Ruling to eliminate deficiencies	8 Jan 2016	Deficiencies eliminated 7 Jan 2016	PDF
M 20014496 / 6 22 Sep 2015	Amendment entry		In force 22 Sep 2015	PDF
M 20014496 / 5 25 Oct 2010	Amendment entry		In force 25 Oct 2010	PDF
M 20014496 / M3 20 Oct 2010	Ruling to eliminate deficiencies		In force 20 Oct 2010	PDF
M 14496 / 4 15 Oct 2007	Amendment entry		In force 15 Oct 2007	PDF
M 14496 / M2 2 Oct 2007	Ruling to eliminate deficiencies (to be served)	9 Dec 2007	In force 10 Oct 2007	PDF
M 14496 / 3 8 Mar 2006	Amendment entry		In force 9 Mar 2006	PDF
M 14496 / 2 9 Nov 2004	Amendment entry		In force	PDF

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

Tartu linn, Märja alevik, Keskuse tn 11 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 34